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.
Brad Thompson writes across business and politics from Western Australia for The Australian Financial Review. Brad is based in our Perth bureau. Connect with Brad on Twitter. Email Brad at brad.thompson@afr.com
