Labyrinth Resources Management

Management criteria checks 0/4

We currently do not have sufficient information about the CEO.

Key information

Charles Hughes

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	n/a
Management average tenure	less than a year
Board average tenure	1.6yrs

Recent management updates

Recent updates

CEO

Charles Hughes

less than a year

Tenure

Mr. Charles Hughes serves as Chief Executive Officer at Labyrinth Resources Limited from September 23, 2024. He served as Chief Geologist at Delta Lithium Limited from December 01, 2022 until 2024. He has...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jennifer Neild	Chief Development Officer	less than a year	AU$245.54k	no data
Charles Hughes	Chief Executive Officer	less than a year	no data	no data
Kelly Moore	Company Secretary	6.8yrs	no data	no data

0.2yrs

Average Tenure

Experienced Management: LRL's management team is not considered experienced ( 0.2 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Kelvin Flynn	Non-Executive Director	less than a year	no data	10.54% A$ 11.9m
Alexander Robert Hewlett	Non-Executive Director	less than a year	no data	12.65% A$ 14.3m
Simon Lawson	Non-Executive Director	3yrs	AU$45.00k	0.42% A$ 475.2k
Dean Hely	Independent Non-Executive Chairman	5.1yrs	AU$66.60k	1% A$ 1.1m

1.6yrs

Average Tenure

48yo

Average Age

Experienced Board: LRL's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.

Labyrinth Resources Management

Management criteria checks 0/4

Key information

Recent management updates

Labyrinth Resources Limited, Annual General Meeting, Nov 28, 2024

Labyrinth Resources Limited, Annual General Meeting, Nov 27, 2023

Less than half of directors are independent

Labyrinth Resources Limited, Annual General Meeting, Nov 29, 2022

High number of new and inexperienced directors

High number of new and inexperienced directors

Recent updates

Labyrinth Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 19.5 million.

Labyrinth Resources Limited (ASX:LRL) agreed to acquire Admiral Gold Limited from Genesis Minerals Limited (ASX:GMD).

Labyrinth Resources Limited (ASX:LRL) signed a letter of intent to acquire Admiral Gold Limited from Genesis Minerals Limited (ASX:GMD).

Labyrinth Resources Limited, Annual General Meeting, Nov 28, 2024

New minor risk - Financial data availability

New major risk - Shareholder dilution

Labyrinth Resources Limited (ASX:LRL) completed the acquisition of Distilled Analytics Pty Ltd for AUD 10.2 million.

Labyrinth Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 1.6 million.

Carey Group Holdings Pty Ltd and Erasano DMCC has entered into a Sale and Purchase Agreement to acquire Labyrinth and Denain gold projects in the Abitibi region of Quebec, Canada from Labyrinth Resources Limited (ASX:LRL) for $3.7 million.

Labyrinth Resources Limited, Annual General Meeting, Nov 27, 2023

Labyrinth Resources Limited Advises Stepping Up A "Back-To-Basics" Exploration Program At Its Comet Vale Gold Project in WA

Less than half of directors are independent

Labyrinth Resources Limited Announces Outstanding Metallurgical Results from Its Comprehensive Testwork

Labyrinth Resources Limited Announces Outstanding Metallurgical Results

Labyrinth Resources Ordinary Shares to Be Deleted from OTC Equity

Labyrinth Resources Limited, Annual General Meeting, Nov 29, 2022

Labyrinth Resources Limited Announces Maiden Mineral Resource Estimate

Black Mountain Gold Limited completed the acquisition of remaining 50% stake in Penny's Find Gold Mine from Labyrinth Resources Limited.

Labyrinth Resources Limited Announces Drilling Results of the Known Mineralisation at its Labyrinth Gold Project

Labyrinth Resources Limited Announces That Assays Received for the First Three Holes of the Maiden Surface Exploration Program At Its Flagship Labyrinth Gold Project in Quebec, Canada

Labyrinth Resources Limited Announces First Hole of the 3,000M Maiden Surface Exploration Program At Its Labyrinth Gold Project in Quebec, Canada

Labyrinth Resources Announces More High-Grade Assays Which Further Underpin the Upcoming Conversion of the 479,000Oz Foreign Estimate to Maiden JORC Resource at its Labyrinth Gold Project in Quebec, Canada

Labyrinth Resources Limited Announces Maiden Underground Drilling Program At Labyrinth

High number of new and inexperienced directors

Labyrinth Resources Limited Announces High Grade Results Received At Labyrinth Gold Project

Labyrinth Resources Limited Announces Drilling Continues to Generate Highly Encouraging Results as Part of Strategy for Maiden Jorc Resource

Labyrinth Resources Limited (ASX:LRL) entered into an agreement to acquire 7 Mining Claims Located in Ontario for CAD 0.01.

Labyrinth Resources Limited Announces Drilling Underway at Labyrinth Gold Project

High number of new and inexperienced directors

Black Mountain Gold Limited entered into a binding sale agreement to acquire remaining 50% stake in Penny's Find Gold Mine from Labyrinth Resources Limited (ASX:LRL) for AUD 1.25 million.

High number of new and inexperienced directors

Labyrinth Resources Limited Announces Some Outstanding Initial Results from the Maiden Diamond Drilling Program At the High-Grade Denain Gold Project

Orminex Limited announced that it expects to receive AUD 8 million in funding from PT Amman Mineral Internasional and other investors

Non-Executive Director Wayne McGrath has left the company

Insider recently sold AU$435k worth of stock

Orminex Limited Appoints Matthew Nixon as Chief Operating Officer, Effective 8 February 2021

Orminex Limited Enters Development Joint Venture for Penny's Find Underground Gold Project

Black Mountain Gold Limited entered into a binding joint venture term sheet to acquire 50% stake in Penny's Find Gold Mine from Orminex Limited (ASX:ONX) for AUD 1.5 million.

Orminex Limited Auditor Raises 'Going Concern' Doubt

Full year earnings released - AU$0.0011 loss per share

Orminex Limited (ASX:ONX) entered into binding framework letter to acquire economic interests in all or substantial part of epithermal gold project asset in Indonesia from Pt Amman Mineral Internasional.

CEO

Tenure

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age