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Middle Island Resources Limited (ASX:MDI)
ALERT: Price-sensitive ASX Announcement for MDI
Current share price for MDI : $0.017 -0.017 (-50%)+
Announcement
Release
18 Nov 2025 9:07AM
Price at Release
$0.034
Full Release
Summary
Middle Island Resources Limited announced that CEO Roland Bartsch resigned by mutual consent, effective immediately on 17 November 2025. This resignation is in accordance with his CEO services contract reported in April 2023. The company will pay out the 4-month notice period, and Roland’s 5 million unlisted options will lapse. The board expressed gratitude for his leadership since April 2023.
Key Points
- Roland Bartsch resigned as CEO of Middle Island Resources Limited (MDI) by mutual consent.
- The resignation aligns with Roland’s CEO services contract announced on 4 April 2023.
- Roland's resignation was effective immediately as of 17 November 2025.
- The company agreed to pay the full 4-month notice period.
- Roland’s 5 million unlisted options with an exercise price of $0.075 will lapse.
- The Board thanked Mr. Bartsch for his tenure since April 2023.
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.
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