Metals Acquisition Limited Announces Non-Executive Director Resignation

Rhea-AI Summary

Metals Acquisition (MTAL) announces the resignation of Non-Executive Director, Mr. Rhett Bennett, to enhance board diversity. The company is seeking new directors to align with diversification goals. Chair Patrice Merrin appreciates Bennett's contributions and wishes him well.

ST. HELIER, Jersey--(BUSINESS WIRE)-- Metals Acquisition Limited ARBN 671 963 198 (NYSE: MTAL; ASX: MAC), a private limited company incorporated under the laws of Jersey, Channel Islands (“MAC” or the “Company”) advises that Mr Rhett Bennett, has resigned from his position as a Non-Executive Director of the Company, with immediate effect.

The Board has for some time been discussing the need for greater diversity (including, but not limited to, geographical and gender diversity) including in the context of the Company’s current operating asset being in Australia, whilst the majority of the Board are based in the Northern Hemisphere. It is in this context that Mr Bennett offered his resignation.

The Board has commenced a process to identify and recruit additional directors that align with the diversification objectives of the Company.

MAC’s Chair, Patrice Merrin, stated “Rhett has contributed immensely both to the Board and the Company during his tenure. We sincerely thank him for his dedication and wish him all the best for his future endeavours.”

This announcement is authorised for release by Mick McMullen, Chief Executive Officer & Director.

About Metals Acquisition Limited

Metals Acquisition Limited (NYSE: MTAL; ASX:MAC) is a company focused on operating and acquiring metals and mining businesses in high quality, stable jurisdictions that are critical in the electrification and decarbonization of the global economy.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240403625798/en/

Mick McMullen

Chief Executive Officer & Director

Metals Acquisition Limited.

investors@metalsacqcorp.com

Morne Engelbrecht

Chief Financial Officer

Metals Acquisition Limited

Source: Metals Acquisition Limited

FAQ

Why did Mr. Rhett Bennett resign from Metals Acquisition (MTAL)?

Mr. Rhett Bennett resigned from MTAL to support the company's objective of enhancing diversity, including geographical and gender diversity, aligning with the current operating asset in Australia.

Who is the Chair of Metals Acquisition (MTAL)?

The Chair of MTAL is Patrice Merrin, who expressed gratitude for Mr. Rhett Bennett's contributions and wished him success in his future endeavors.

What is the ticker symbol for Metals Acquisition ?

The ticker symbol for Metals Acquisition is MTAL, listed on NYSE and ASX.

What is the reason behind the search for new directors at Metals Acquisition ?

Metals Acquisition is seeking new directors to enhance diversity, including geographical and gender diversity, aligning with the company's objectives.