Rimfire Pacific Mining Management

Management criteria checks 4/4

Rimfire Pacific Mining's CEO is David Hutton, appointed in Jun 2022, has a tenure of 2.42 years. total yearly compensation is A$305.69K, comprised of 60.3% salary and 39.7% bonuses, including company stock and options. directly owns 0.13% of the company’s shares, worth A$135.70K. The average tenure of the management team and the board of directors is 3.3 years and 4.7 years respectively.

Key information

David Hutton

Chief executive officer

AU$305.7k

Total compensation

CEO salary percentage	60.3%
CEO tenure	2.4yrs
CEO ownership	0.1%
Management average tenure	3.3yrs
Board average tenure	4.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has David Hutton's remuneration changed compared to Rimfire Pacific Mining's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	AU$306k	AU$184k	-AU$1m
Mar 31 2024	n/a	n/a	-AU$1m
Dec 31 2023	n/a	n/a	-AU$1m
Sep 30 2023	n/a	n/a	-AU$1m
Jun 30 2023	AU$347k	AU$173k	-AU$814k
Mar 31 2023	n/a	n/a	-AU$727k
Dec 31 2022	n/a	n/a	-AU$640k
Sep 30 2022	n/a	n/a	-AU$777k
Jun 30 2022	AU$234k	AU$88k	-AU$913k

Compensation vs Market: David's total compensation ($USD198.47K) is below average for companies of similar size in the Australian market ($USD298.27K).

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

CEO

David Hutton

2.4yrs

Tenure

AU$305,688

Compensation

Mr. David James Hutton, BSc, serves as Managing Director & Chief Executive Officer of Rimfire Pacific Mining Limited since June 15, 2022. He is a Non Executive Director of Nimrod Resources Limited. He serv...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
David Hutton	MD, CEO & Executive Director	2.4yrs	AU$305.69k	0.13% A$ 135.7k
Greg Keane	Chief Financial Officer	7.5yrs	AU$246.14k	0.31% A$ 314.2k
Peter Crowhurst	Exploration Manager	2.8yrs	no data	no data
Stefan Ross	Company Secretary	3.3yrs	no data	no data
Melanie Leydin		7.6yrs	no data	no data

3.3yrs

Average Tenure

Experienced Management: RIM's management team is considered experienced (3.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
David Hutton	MD, CEO & Executive Director	3.1yrs	AU$305.69k	0.13% A$ 135.7k
Andrew Knox	Independent Non-Executive Director	4.7yrs	AU$62.31k	0.84% A$ 848.1k
Ian McCubbing	Independent Non-Executive Chairman	8.3yrs	AU$101.13k	1.47% A$ 1.5m

4.7yrs

Average Tenure

Experienced Board: RIM's board of directors are considered experienced (4.7 years average tenure).

Rimfire Pacific Mining Management

Management criteria checks 4/4

Key information

Recent management updates

Insufficient new directors

Rimfire Pacific Mining Limited, Annual General Meeting, Nov 20, 2024

Less than half of directors are independent

Rimfire Pacific Mining Limited Announces the Board Appointments

Rimfire Pacific Mining Limited, Annual General Meeting, Nov 20, 2023

Rimfire Pacific Mining Limited, Annual General Meeting, Nov 24, 2022

Recent updates

Insufficient new directors

Rimfire Pacific Mining Limited, Annual General Meeting, Nov 20, 2024

New minor risk - Financial data availability

New major risk - Share price stability

Rimfire Pacific Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 1.145 million.

Rimfire Pacific Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 1.145 million.

New major risk - Financial position

Rimfire Pacific Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 1.15 million.

Rimfire Pacific Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 1.15 million.

Less than half of directors are independent

Rimfire Pacific Mining Limited Announces the Board Appointments

Rimfire Pacific Mining Limited, Annual General Meeting, Nov 20, 2023

Rimfire Pacific Mining Limited (ASX:RIM) executed a Tenement Purchase Agreement to acquire Porters Mount Project (EL8329) from Plutonic Limited for AUD 0.025 million.

Rimfire Pacific Mining Limited (ASX:RIM) executed a Tenement Purchase Agreement to acquire Porters Mount Project (EL8329) from Plutonic Limited for AUD 0.025 million.

Rimfire Pacific Mining Receives Requisition Notice from Adriatic Prospect Pty Ltd

First half 2023 earnings released: EPS: AU$0 (vs AU$0 in 1H 2022)

Rimfire Pacific Mining Limited Announces Rimfire Investigating Nickel - Cobalt - Scandium Recoveries At Melrose

Rimfire Pacific Mining Provides Exploration Update for Its Fifield and Avondale Projects

Rimfire Pacific Mining Limited Identifies Priority Copper Drill Target at East Cowal Copper Gold Project

Rimfire Pacific Mining Limited Identifies Priority Copper Drill Target at East Cowal Copper Gold Project

Rimfire Pacific Mining Limited Announces Broad Gold Zones Drilled At Jacks Lookout, Fifield NSW

Rimfire Pacific Mining Limited Advises Several High-Grade Cobalt Targets Identified on Its 100% - Owned Broken Hill Cobalt Project

Rimfire Pacific Mining Limited Announces Significant Nickel Cobalt Scandium Results At Melrose

Rimfire Pacific Mining Limited, Annual General Meeting, Nov 24, 2022

Full year 2022 earnings released: AU$0.001 loss per share (vs AU$0 in FY 2021)

Rimfire Pacific Mining Announces Assays for the First of Four Diamond Holes Drilled At Melrose

Rimfire Pacific Mining Provides an Update on Current Exploration Activities Underway at its Avondale and Fifield Projects

Rimfire Pacific Mining Limited Updates Exploration Activities at its Avondale and Fifield Projects

Rimfire Pacific Mining Limited Appoints Mr. Greg Keane as Alternate Director

Rimfire Pacific Mining Announces 3,000 - Metre Diamond Drilling Program is Well Underway at its Avondale and Fifield Projects

Rimfire Pacific Mining Limited, Annual General Meeting, Aug 25, 2022

Rimfire Pacific Mining Limited Provides Broken Hill Cobalt Project Update

Rimfire Pacific Mining Limited Announces Diamond Drilling for PGEs underway at Avondale and Fifield

Rimfire Pacific Mining Ltd Announces the Appointment of David Hutton as Managing Director

Rimfire Pacific Mining Limited Announces Significant Ni, Co and Pt Drilling Results At Currajong

Rimfire Pacific Mining Limited Announces Strong Nickel, Cobalt and Scandium Drill Results At the Melrose Prospect

Rimfire Pacific Mining Limited Announces Critical Minerals Discovery Opportunity At Avondale Project

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Rimfire Pacific Mining Ltd Announces Drilling Update

Rimfire Pacific Mining Limited Announces Executive Changes

Rimfire Pacific Mining NL Announces Drilling Commenced at Transit Gold Prospect

High number of new and inexperienced directors

Company Secretary Melanie Jaye Leydin has left the company

Rimfire Pacific Mining NL Provides Transit Drilling Program Update

Rimfire Pacific Mining NL Announces Assay of 10.95G/T Au At End of Transit RC Drillhole

Rimfire Pacific Mining NL Recommences Lachlan Fold Belt Drilling

Rimfire Pacific Mining Provides an Update on Drilling Work Programs in the Lachlan Fold

Rimfire Pacific Mining NL Provides Update on Planned Drilling Program Activities

Rimfire Pacific Mining NL Completes Drilling at Northern Gold and Sorpresa

Rimfire Pacific Mining NL Announces Lachlan Fold Belt Drilling Programs

Full year earnings released - AU$0.0007 loss per share

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure