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MinRes fails to stop Wildcat director’s $28.8m lithium windfall

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Wildcat Resources shareholders have signed off on a $28.8 million windfall for director Alex Hewlett after he made the connection that ultimately led to Chris Ellison’s Mineral Resources emerging as a major backer.

The vote granting Mr Hewlett an introduction fee of 30 million shares in the white-hot lithium explorer passed despite analysis of the poll showing MinRes was opposed.

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    Original URL: https://www.afr.com/companies/mining/lithium-explorer-director-secures-28-8-million-for-introduction-20231106-p5ehxa