Metals Acquisition Limited's Upcoming AGM and Name Transformation
Metals Acquisition Limited to Hold Annual General Meeting
Metals Acquisition Limited ARBN 671 963 198 (NYSE: MTAL; ASX: MAC) has shared important details regarding its upcoming Annual General Meeting (AGM), which symbolizes a vital checkpoint for its shareholders.
Key Details About the AGM
As outlined in the ASX Listing Rule 3.13.1, the AGM is scheduled for Thursday, 21 November 2024, subject to the local time zone differences. It will be held on the same date reflecting Eastern and Jersey time. The meeting represents an excellent opportunity for shareholders to engage with the company’s leadership, discuss emerging issues, and evaluate future strategies.
Important Dates to Remember
Shareholders wishing to propose business for discussion, including nominations for the Board of Directors, must submit their written notices to the company’s Secretary no later than the close of business on 4 October 2024. Furthermore, the official record date, which determines eligibility to vote at the AGM, will be Friday, 11 October 2024, 8:00pm Eastern time, and Saturday, 12 October 2024, 1:00am Jersey time.
Proposed Name Change to MAC Copper Limited
In an exciting development, Metals Acquisition Limited plans to propose a special resolution to its shareholders for a name change to “MAC Copper Limited.” This proposed change reflects the company’s strategic focus on the copper mining sector.
Rationale Behind the Name Change
The shift in the company name is designed to encapsulate its dedication to becoming a leading copper-focused mining enterprise. As Metals Acquisition Limited evolves, the decision to transition to MAC Copper Limited emphasizes its ambition to enhance shareholder value by engaging more directly in the burgeoning copper market, a fundamental component in the global electrification and decarbonization efforts.
What the Future Holds for MAC Copper Limited
Management expressed great enthusiasm for the prospects that lie ahead for MAC Copper Limited. By honing in on copper operations, the company aims to tap into the increasing demand originating from renewable energy businesses, electric vehicle production, and other industries reliant on high-quality copper.
About Metals Acquisition Limited
As a company listed on both NYSE and ASX, Metals Acquisition Limited (NYSE: MTAL; ASX: MAC) is strategically focused on acquiring and operating mining projects in stable jurisdictions renowned for their vital role in the electrification and decarbonization movements across the globe. This commitment places the company at the forefront of industry efforts to create sustainable energy solutions. The transition to MAC Copper Limited aligns seamlessly with this vision and operational ethos.
Full details of the AGM, including the complete agenda and information concerning the proposed name change will be delineated in the official Notice of Meeting, scheduled for release shortly.
Frequently Asked Questions
What is the date of the Annual General Meeting?
The AGM is scheduled for Thursday, 21 November 2024, depending on time zone variations.
What is the proposed new name for Metals Acquisition Limited?
Metals Acquisition Limited proposes to change its name to MAC Copper Limited.
Why is the company changing its name?
The name change better aligns with the company’s focus and objectives, particularly in the copper mining sector.
What must shareholders do to propose business at the AGM?
Shareholders need to submit written notices to the Secretary by the close of business on 4 October 2024.
How does the name change impact shareholders?
The name change is poised to strengthen the company's brand identity and may enhance shareholder value through increased focus on copper mining.
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