Bindi Metals Taps Mark Freeman as CEO to Drive Global Growth

Bindi Metals has appointed seasoned executive Mark Freeman as CEO, aiming to leverage his extensive resource sector experience to advance its exploration projects across three continents.

  • Mark Freeman appointed CEO effective 1 December 2025
  • Freeman brings 25+ years in resource and energy sectors worldwide
  • Consultancy agreement includes $120,000 annual fee plus performance rights
  • Performance rights vest on share price milestones within 18 months
  • Focus on advancing exploration assets in Serbia, Australia, and Canada
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Experienced Leadership at the Helm

Bindi Metals Limited (ASX, BIM) has announced the appointment of Mark Freeman as its new Chief Executive Officer, effective immediately. Freeman arrives with a robust track record spanning over 25 years in leading and transforming resource and energy companies across multiple continents, including Australia, North and South America, Europe, and Africa.

His career highlights include scaling companies, managing IPOs, and executing capital programs for publicly listed entities such as Pursuit Minerals, Calima Energy, Panoramic Resources, and Exco Resources. Freeman’s expertise in navigating complex regulatory and geopolitical environments positions him well to steer Bindi Metals through its next growth phase.

Strategic Consultancy Agreement

Freeman’s engagement is structured through a consultancy services agreement, offering an annual remuneration of $120,000 plus GST. Notably, the agreement includes 2.5 million performance rights split into two tranches, which vest upon achieving specific share price targets of $0.15 and $0.20 within 12 and 18 months respectively. This arrangement aligns Freeman’s incentives with shareholder value creation and underscores the company’s confidence in his ability to deliver results.

The consultancy requires a minimum commitment of two days per week, reflecting a flexible but focused leadership approach. The agreement’s indefinite term with a one-month notice period provides stability while allowing adaptability as the company evolves.

Advancing a Diverse Portfolio

Bindi Metals is actively exploring high-potential projects in tier-one jurisdictions including Serbia, Australia, and Canada. The company’s methodical, data-driven exploration strategy is supported by a seasoned technical team with a history of discovery. With Freeman at the helm, Bindi aims to accelerate the development of these assets into commercially viable operations.

Non-Executive Chairman Eddie King expressed enthusiasm about the appointment, highlighting Freeman’s deep experience in corporate development and resource project execution. King emphasized the company’s anticipation of Freeman’s leadership in unlocking value from its diverse portfolio.

Looking Ahead

While the announcement does not detail immediate strategic shifts, Freeman’s history suggests a focus on disciplined growth, operational capability building, and capital market engagement. Investors will be watching closely to see how his leadership translates into tangible progress on the ground and in the market.

Bottom Line?

Mark Freeman’s appointment signals a new chapter for Bindi Metals, with performance-linked incentives setting the stage for ambitious growth.

Questions in the middle?

  • What specific strategic initiatives will Freeman prioritize to advance Bindi’s exploration assets?
  • How will the share price milestones influence Freeman’s decision-making and company performance?
  • What timeline can investors expect for operational updates or resource developments under the new CEO?