Aurumin Management

Management criteria checks 4/4

Aurumin's CEO is Brad Valiukas, appointed in Feb 2020, has a tenure of 4.25 years. total yearly compensation is A$334.92K, comprised of 71.7% salary and 28.3% bonuses, including company stock and options. directly owns 1.83% of the company’s shares, worth A$324.18K. The average tenure of the management team and the board of directors is 3.9 years and 4 years respectively.

Key information

Brad Valiukas

Chief executive officer

AU$334.9k

Total compensation

CEO salary percentage	71.7%
CEO tenure	4.3yrs
CEO ownership	1.8%
Management average tenure	3.9yrs
Board average tenure	4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Brad Valiukas's remuneration changed compared to Aurumin's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-AU$4m
Sep 30 2023	n/a	n/a	-AU$5m
Jun 30 2023	AU$335k	AU$240k	-AU$6m
Mar 31 2023	n/a	n/a	-AU$6m
Dec 31 2022	n/a	n/a	-AU$7m
Sep 30 2022	n/a	n/a	-AU$7m
Jun 30 2022	AU$384k	AU$240k	-AU$7m
Mar 31 2022	n/a	n/a	-AU$6m
Dec 31 2021	n/a	n/a	-AU$5m
Sep 30 2021	n/a	n/a	-AU$5m
Jun 30 2021	AU$713k	AU$220k	-AU$5m

Compensation vs Market: Brad's total compensation ($USD223.33K) is about average for companies of similar size in the Australian market ($USD298.11K).

Compensation vs Earnings: Brad's compensation has been consistent with company performance over the past year.

CEO

Brad Valiukas

4.3yrs

Tenure

AU$334,921

Compensation

Mr. Bradley Valiukas, BEng (Mining), GradCert (Econ), AusIMM Member, also known as Brad, serves as Executive Director of Kaiser Reef Limited since December 18, 2023. He has extensive underground experience...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Bradley Valiukas	MD & Director	4.3yrs	AU$334.92k	1.83% A$ 324.2k
Yew Goh	CFO & Company Secretary	3.9yrs	no data	no data
Mark Rowbottam	Executive Manager of Corporate Development	less than a year	AU$487.72k	3.39% A$ 598.1k
Shane Tomlinson	Manager of Exploration	no data	no data	no data

3.9yrs

Average Tenure

Experienced Management: AUN's management team is considered experienced (3.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Bradley Valiukas	MD & Director	4.3yrs	AU$334.92k	1.83% A$ 324.2k
Shaun Day	Independent Non-Executive Director	4yrs	AU$38.78k	0.096% A$ 17.0k
Piers Lewis	Independent Non-Executive Chairman	4yrs	AU$51.34k	0.25% A$ 44.2k
Daniel Raihani	Non-Executive Director	less than a year	no data	10.41% A$ 1.8m

4.0yrs

Average Tenure

Experienced Board: AUN's board of directors are considered experienced (4 years average tenure).

Aurumin Management

Management criteria checks 4/4

Key information

Recent management updates

Non-Executive Director recently bought AU$261k worth of stock

Aurumin Limited Appoints Daniel Raihani as Non-Executive Director

Aurumin Limited, Annual General Meeting, Nov 24, 2023

Aurumin Limited Announces Changes to Its Board

Insufficient new directors

High number of new and inexperienced directors

Recent updates

New major risk - Market cap size

Non-Executive Director recently bought AU$261k worth of stock

New major risk - Share price stability

Aurumin Limited has completed a Follow-on Equity Offering in the amount of AUD 1 million.

Aurumin Limited Appoints Daniel Raihani as Non-Executive Director

Polaris Metals Pty Ltd entered into binding term sheet to acquire Mt Dimer exploration tenements from Aurumin Limited (ASX:AUN) for AUD 1.5 million.

Aurumin Limited, Annual General Meeting, Nov 24, 2023

New major risk - Share price stability

Lithium Resources Investments Pty Ltd entered into an agreement to acquire Karramindie Project assets from Aurumin Limited (ASX:AUN) for AUD 0.5 million.

Aurumin Limited (ASX:AUN) entered into an agreement to acquire Kurnod Pty Ltd for AUD 0.06 million.

Aurumin Limited Announces Changes to Its Board

New major risk - Shareholder dilution

Insufficient new directors

Aurumin Limited Provides Exploration Update

Aurumin Limited has completed a Follow-on Equity Offering in the amount of AUD 0.351086 million.

Aurumin Limited (ASX:AUN) entered into a Heads of Agreement to acquire Birrigrin Mining Centre from Westar Resources Limited (ASX:WSR).

Aurumin Limited has completed a Follow-on Equity Offering in the amount of AUD 0.6 million.

High number of new and inexperienced directors

Aurumin Limited Announces an Updated Jorc-2012 Compliant Mineral Resource Estimate (MRE) for the Shillington and Two Mile Hill Deposits at its 100% Owned Central Sandstone Gold Project

Aurumin Limited Announces Soil Sampling in Progress over New Tenement E57/1140

Aurumin Limited, Annual General Meeting, Nov 18, 2022

Aurumin Limited Announces Final Assay Results From Central Sandstone Gold Project

Aurumin Limited Updates Exploration Update from Third Hole for the Recently Completed Reverse Circulation

Aurumin Limited Updates Exploration Update from Third Hole for the Recently Completed Reverse Circulation

Aurumin Limited Announces Central Sandstone Exploration Update

Aurumin Limited Announces 224.0M @ 1.5G/T Au at Two Mile Hill from Second Hole Assayed

Aurumin Limited Announces 344m @ 1.29g/t Au in First Aurumin Diamond Hole at Two Mile Hill

Aurumin Limited (ASX:AUN) has entered into a binding Heads of Agreement to acquire Tenement E57/1140 for AUD 0.06 million.

Aurumin Limited Provides Update on Exploration Activity At Its Central Sandstone Gold Project

Aurumin Limited Announces Results from Orientation Reverse Circulation Programme At Mt Palmer Project

Aurumin Limited Announces Central Sandstone Drilling Update

Aurumin Limited Announces Drilling Underway At Central Sandstone

Aurumin Limited Announces Mt Palmer Lithium Exploration Update

High number of new and inexperienced directors

Aurumin Limited Announces Drilling Targeting Lithium Bearing Pegmatites At Its 100% Owned Mt Palmer Project Is Planned to Commence Next Week

Aurumin Limited Commences First Stage of Exploration At Its 100% Owned Central Sandstone Gold Project

MD & Director recently bought AU$100k worth of stock

Aurumin Limited Provides an Update on Mt Dimer Project

Aurumin Limited Announces Assay Results Up to 90.70G/T Au from Mt Dimer Drilling

Aurumin Limited (ASX:AUN) executed a binding Share Purchase Agreement to acquire Sandstone Gold Project in Western Australia from Middle Island Resources Limited (ASX:MDI) for AUD 12 million.

Aurumin Limited Announces Completion of Drilling at its 100% Owned Mt Dimer Project

Aurumin Limited Commences Drilling at its 100% Owned Mt Dimer Project

Aurumin Limited Receives Assay Results for the Reverse Circulation Drilling

Aurumin Limited Announces the Completion of Reverse Circulation Drilling At Its 100% Owned Mt Palmer Project

Aurumin Limited Announces High-Grade Golden Slipper Drill Results from Recent Reverse Circulation Drilling at Mt Dimer Project

Aurumin Limited Announces the Commencement of Reverse Circulation (RC) Drilling At Its 100% Owned Mt Palmer Project

Aurumin Limited Announces Commencement of Reverse Circulation Drilling at its 100% Owned Mt Dimer Project, Located 120Km North-East of Southern Cross in Western Australia

Aurumin Limited Announces Results from the SAM (Ground Based Sub-Audio Magnetic) Survey Completed in September 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure