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Metalstech Limited (ASX:MTC)

ALERT: Price-sensitive ASX Announcement for MTC
Current share price for MTC : $0.165 -0.15 (-47.62%)+
Announcement
Release
2 Apr 2026 5:04PM
Price at Release
$0.315
Full Release
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Summary
MetalsTech Limited announced that it has received notices under sections 203D and 249D of the Corporations Act from Minerva Investment Company Limited, a significant shareholder. The notice under Section 203D indicates Minerva's intention to call a general meeting to propose a resolution for the removal of Ms. Candice Stevenson as a director. Under the rules, the company's directors must convene this meeting within 21 days and hold it within two months of the request. MetalsTech plans to include the resolution in a forthcoming general meeting and will notify shareholders accordingly, maintaining updates per disclosure obligations.
Key Points
  • Receipt of notices under sections 203D and 249D from Minerva Investment Company Limited
  • Minerva intends to requisition a general meeting to remove director Candice Stevenson
  • The meeting must be called within 21 days and held within two months
  • Resolution to be included in the general meeting for shareholder consideration
  • MetalsTech will keep shareholders updated in compliance with disclosure obligations
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.