Strickland Metals Management

Management criteria checks 3/4

Strickland Metals' CEO is Andrew Bray, appointed in Apr 2021, has a tenure of 3.17 years. total yearly compensation is A$506.98K, comprised of 70.4% salary and 29.6% bonuses, including company stock and options. directly owns 9.57% of the company’s shares, worth A$17.98M. The average tenure of the management team and the board of directors is 3.2 years and 1.6 years respectively.

Key information

Andrew Bray

Chief executive officer

AU$507.0k

Total compensation

CEO salary percentage	70.4%
CEO tenure	3.2yrs
CEO ownership	9.6%
Management average tenure	3.2yrs
Board average tenure	1.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Andrew Bray's remuneration changed compared to Strickland Metals's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-AU$9m
Sep 30 2023	n/a	n/a	-AU$5m
Jun 30 2023	AU$507k	AU$357k	-AU$2m
Mar 31 2023	n/a	n/a	-AU$3m
Dec 31 2022	n/a	n/a	-AU$3m
Sep 30 2022	n/a	n/a	-AU$3m
Jun 30 2022	AU$628k	AU$235k	-AU$4m
Mar 31 2022	n/a	n/a	-AU$5m
Dec 31 2021	n/a	n/a	-AU$5m
Sep 30 2021	n/a	n/a	-AU$5m
Jun 30 2021	AU$407k	AU$21k	-AU$4m

Compensation vs Market: Andrew's total compensation ($USD338.16K) is about average for companies of similar size in the Australian market ($USD297.62K).

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

CEO

Andrew Bray

3.2yrs

Tenure

AU$506,977

Compensation

Mr. Andrew Gordon Bray, BEc LLB (Hons) serves as Chief Executive Officer at Strickland Metals Limited since April 12, 2021. He was Managing Director of Gateway Mining Limited since October 29, 2012 until M...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Andrew Bray	Chief Executive Officer	3.2yrs	AU$506.98k	9.57% A$ 18.0m
Richard Pugh	Geology Exploration Manager & Director	1.8yrs	no data	0.11% A$ 210.0k
Sleiman Majdoub	Company Secretary	3.2yrs	no data	no data

3.2yrs

Average Tenure

Experienced Management: STK's management team is considered experienced (3.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Richard Pugh	Geology Exploration Manager & Director	no data	no data	0.11% A$ 210.0k
Anthony McClure	Independent Non-Executive Chairman	3.2yrs	AU$481.97k	0.95% A$ 1.8m
Peter Langworthy	Non-Executive Director	no data	no data	no data
Trent Franklin	Non-Independent & Non-Executive Director	3.2yrs	AU$325.32k	3.55% A$ 6.7m

1.6yrs

Average Tenure

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

Strickland Metals Management

Management criteria checks 3/4

Key information

Recent management updates

Insufficient new directors

Board Member exercised options to buy AU$1.3m worth of stock.

Independent Non-Executive Chairman recently bought AU$129k worth of stock

Strickland Metals Limited, Annual General Meeting, Nov 23, 2023

Chief Executive Officer recently bought AU$1.1m worth of stock

Board Member exercised options to buy AU$444k worth of stock.

Recent updates

New minor risk - Share price stability

Insufficient new directors

Board Member exercised options to buy AU$1.3m worth of stock.

Independent Non-Executive Chairman recently bought AU$129k worth of stock

Strickland Metals Limited (ASX:STK) entered into a binding share sale and purchase agreement to acquire Zlatna Reka Resources d.o.o. from ISIHC Ltd for AUD 55.7 million.

New minor risk - Market cap size

New minor risk - Share price stability

Strickland Metals Limited, Annual General Meeting, Nov 23, 2023

Chief Executive Officer recently bought AU$1.1m worth of stock

Northern Star Resources Limited (ASX:NST) completed the acquisition of Tenements comprising the Millrose Project from Strickland Metals Limited (ASX:STK).

Northern Star Resources Limited (ASX:NST) entered into a binding asset sale agreement to acquire interests in Tenements comprising the Millrose Project from Strickland Metals Limited (ASX:STK) for AUD 59.5 million.

Board Member exercised options to buy AU$444k worth of stock.

Strickland Metals Limited Updates on Millrose Gold Project Located in Western Australia

High number of new and inexperienced directors

Strickland Metals Limited Provides an Update on Its Flagship Millrose Gold Project Located on the World Renowned Yandal Greenstone Belt in Western Australia

Strickland Metals Limited Provides an Update on Its Flagship Millrose Gold Project Located on the World Renowned Yandal Greenstone Belt in Western Australia

Strickland Metals Limited, Annual General Meeting, Nov 30, 2022

Strickland Metals Limited Provides Update on its Native Title Heritage Survey

Strickland Metals Limited Provides an Update on Its Flagship Millrose Gold Project Located on the World Renowned Yandal Greenstone Belt in Western Australia

Strickland Metals Limited Provides an Update on Its Flagship Millrose Gold Project Located on the World Renowned Yandal Greenstone Belt in Western Australia

Strickland Metals Limited Provides an Update on Its Flagship Millrose Gold Project Located on the World Renowned Yandal Greenstone Belt in Western Australia

Strickland Metals Limited Provides an Update on Its Flagship Millrose Gold Project Located on the World Renowned Yandal Greenstone Belt in Western Australia

Strickland Metals Limited Provides an Update on its Iroquois Project Located in the Earaheedy Basin in Western Australia

Strickland Metals Limited Provides an Update on its Iroquois Project Located in the Earaheedy Basin in Western Australia

Strickland Metals Limited Auditor Raises 'Going Concern' Doubt

Strickland Metals Limited's Drilling Confirms New High Grade Lode Discovery At Wanamaker

Strickland Metals Limited Confirms Drilling High Grade Depth Extensions at Millrose

Strickland Metals Limited Provides Update on New Oxide Gold, New Baxter's Prospect & Native Title Update

Strickland Metals Limited Announces Significant New Oxide Mineralisation Discovered At Millrose Gold Project on the Yandal Greenstone Belt in Western Australia

Strickland Metals Limited Provide an Update on Its Earaheedy Project

Strickland Metals Limited and Gibb River Diamonds Limited Announce Iroquois Zinc-Lead Project Update

Strickland Metals Limited Provides an Update on Its 100% Owned Millrose Gold Project Located on the North East Flank of the Yandal Belt

Strickland Metals Limited Provides Further Drilling Results Received from its 100% Owned Millrose Gold Project Located on the Northeast Flank of the Yandal Belt

Strickland Metals Limited Reports Further Assays from its 100% Owned Millrose Gold Project on the North East Flank of the Yandal Belt

Strickland Metals Limited Provides an Update on Its 100% Owned Millrose Gold Project Located on the North East Flank of the Yandal Belt

Strickland Metals Limited Reports Assays from Its 100% Owned Millrose Gold Project Located on the North East Flank of the Yandal Belt

High number of new and inexperienced directors

Strickland Metals Limited Reports First Assays from Its 100% Owned Millrose Gold Project Located on the North East Flank of the Yandal Belt

Strickland Metals Limited Provides an Update of Its Recently Discovered Zinc-Lead Mineralisation At the Iroquois Prospect

Strickland Metals Limited Provides Millrose Gold Exploration Update

Strickland Metals Limited Provides an Overview of Its Recently Discovered Zinc-Lead Mineralisation At the Iroquois Prospect

Strickland Metals Limited Provides Update on Its 2022 Exploration Program

Strickland Metals Limited Provides Update on Its Native Title Heritage Clearance Survey

Strickland Metals Limited Provided an Update on Its Exploration Programs At Dusk Til Dawn

Strickland Metals Limited provides the results from its 14,000m aircore program at the Horse North area

Strickland Metals Limited (ASX:STK) completed the acquisition of Millrose Gold Project from Golden Eagle Mining Limited and Millrose Gold Mines Limited.

Strickland Metals Limited Announces Commencement of Native Title Heritage Survey

Consultant Andrew Viner has left the company

Strickland Metals Limited (ASX:STK) completed the acquisition of 75% stake in Yandal East Gold Project from Renegade Exploration Limited (ASX:RNX).

Strickland Metals Limited (ASX:STK) agreed to acquire Millrose Gold Project from Golden Eagle Mining Limited and Millrose Gold Mines Limited for AUD 10 million.

Strickland Metals Limited Announces Acquisition of the Yandal East Gold Project from Renegade Exploration Limited

Strickland Metals Limited (ASX:STK) agreed to acquire 75% stake in Yandal East Gold Project from Renegade Exploration Limited (ASX:RNX) for AUD 2 million.

Strickland Metals Limited (ASX:STK) completed the acquisition of remaining 37% stake in Horse Well Gold Project Exploration License from Silver Lake Resources Limited (ASX:SLR).

Strickland Metals Limited (ASX:STK) entered into a binding offer to acquire a 37% stake in Horse Well Gold Project Exploration License from Silver Lake Resources Limited (ASX:SLR) for AUD 1.8 million.

Independent Non-Executive Director has left the company

Strickland Metals Limited Provides Doolgunna Exploration Update

Strickland Metals Limited Provides Doolgunna Exploration Update

Hammer Metals Ltd (ASX:HMX) acquired North Bronzewing Project from Alloy Resources Limited (ASX:AYR) for AUD 0.08 million.

Alloy Resources Limited has completed a Follow-on Equity Offering in the amount of $1.4 million.

Alloy Resources Limited (ASX:AYR) completed the acquisition of Dingo Resources Limited.

Alloy Resources Limited announced that it expects to receive AUD 0.591508 million in funding

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure