Forrestania Resources Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

John Hannaford

Chief executive officer

AU$110.3k

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	3.6%
Management average tenure	no data
Board average tenure	3.1yrs

Recent management updates

Recent updates

CEO

John Hannaford (57 yo)

less than a year

Tenure

AU$110,259

Compensation

Mr. John Andrew Hannaford, BCom (UWA), C.A., F.Fin., is Interim CEO & Chairman of Forrestania Resources Limited from November 23, 2023. He was Chairman of Forrestania Resources Limited from March 07, 2023...

Board Members

Name	Position	Tenure	Compensation	Ownership
John Hannaford	Interim CEO & Chairman	3.3yrs	AU$110.26k	3.64% A$ 123.5k
Scott Patrizi	Non-Executive Director	less than a year	no data	no data
David Izzard	Non-Executive Director	3.3yrs	AU$39.78k	3.52% A$ 119.5k
William Higgins	Independent Non-Executive Director	2.9yrs	AU$39.78k	1.18% A$ 39.9k

3.1yrs

Average Tenure

Experienced Board: FRS's board of directors are considered experienced (3.1 years average tenure).

Forrestania Resources Management

Management criteria checks 3/4

Key information

Recent management updates

Forrestania Resources Limited Announces Management Changes

Forrestania Resources Limited, Annual General Meeting, Nov 29, 2023

Less than half of directors are independent

Forrestania Resources Limited Announces Executive Changes

Forrestania Resources Limited, Annual General Meeting, Nov 28, 2022

Less than half of directors are independent

Recent updates

New major risk - Financial position

Forrestania Resources Limited Announces Management Changes

Forrestania Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.25 million.

Forrestania Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.25 million.

New major risk - Financial position

Forrestania Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 0.25 million.

Forrestania Resources Limited, Annual General Meeting, Nov 29, 2023

New minor risk - Financial data availability

New minor risk - Financial data availability

New major risk - Shareholder dilution

New major risk - Share price stability

Forrestania Resources Provides an Update on Exploration Activities from Its Leonora/Eastern Goldfields Project Area

Forrestania Resources Limited Announces Successful Completion of Reverse Circulation Drilling Programme At Forrestania Lithium Project

Forrestania Resources Limited Provides Drilling Update for the Forrestania Project -Prospective for Significant Lithium, Gold, and Nickel Discoveries

Forrestania Resources Limited Announces Execution of Drilling Contract for its Second Lithium-Focussed Drill Program at the Forrestania Project

Forrestania Resources Limited Announce Plans for Drilling Programmes at the Company's Forrestania Project

Forrestania Resources Limited Announces Pegmatite Identified At New Calypso Prospect

Forrestania Resources Limited Phase 1 Lithium Drilling Program Completed At Forrestania

Less than half of directors are independent

Forrestania Resources Provides an Update on Exploration Activities from its Eastern Goldfields Project Area

Forrestania Resources Limited Provides Forrestania Project Lithium Drilling Update

Forrestania Resources Limited Announces Executive Changes

Forrestania Resources Limited Provides Exploration Update for Field Work at the Forrestania Project

Forrestania Resources Limited Provides Exploration Update for Field Work at the Forrestania Project

Forrestania Resources Limited, Annual General Meeting, Nov 28, 2022

Forrestania Resources Limited Provides Update on Exploration Activities for its Flagship Forrestania Project

Forrestania Resources Limited Announces Lithium Drilling to Commence At Forrestania Project

Forrestania Resources Limited Announces New Lithium Target Identified At Gemcutter

Pegmatite Identified At New Mousetraps Prospect Bannon POW Approval and Heritage Update

Forrestania Resources Limited Announces Strong Gold Results Continue At Black Prince

Forrestania Resources Limited Announces South Iron Cap East Lithium POW Approval; Exploration Programs Advancing

Forrestania Resources Limited Provides Lithium Exploration Update

Less than half of directors are independent

Forrestania Resources Limited Announces Mapping Identifies Surface Pegmatite

Forrestania Resources Limited Provides Update on High Grade Results At Lady Lila & Black Prince Option

Forrestania Resources Limited Announces Executive Changes

Forrestania Resources Advises Exploration Licence E29/1103 (Goongarrie) Granted at the Leonora Project

Forrestania Resources Limited Provides an Update on Its Lithium Prospects At Its 100% Owned Forrestania Project

Forrestania Resources Limited Announces Promising Results from Maiden Drilling Program At Lady Lila

Forrestania Resources Limited (ASX:FRS) acquired Forrestania Gold Project from Firefly Resources Limited (ASX:FFR) for AUD 1.8 million.

Forrestania Resources Limited has completed an IPO in the amount of AUD 5 million.

CEO

Tenure

Compensation

Board Members

Average Tenure