Adelong Gold Management

Management criteria checks 1/4

Adelong Gold's CEO is Ian Holland, appointed in Feb 2024, has a tenure of less than a year. total yearly compensation is A$250.16K, comprised of 35% salary and 65% bonuses, including company stock and options. directly owns 0.56% of the company’s shares, worth A$25.00K. The average tenure of the management team and the board of directors is 0.8 years and 1.2 years respectively.

Key information

Ian Holland

Chief executive officer

AU$250.2k

Total compensation

CEO salary percentage	35.0%
CEO tenure	less than a year
CEO ownership	0.6%
Management average tenure	less than a year
Board average tenure	1.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ian Holland's remuneration changed compared to Adelong Gold's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	AU$250k	AU$88k	-AU$2m

Compensation vs Market: Ian's total compensation ($USD173.40K) is below average for companies of similar size in the Australian market ($USD311.15K).

Compensation vs Earnings: Insufficient data to compare Ian's compensation with company performance.

CEO

Ian Holland

less than a year

Tenure

AU$250,164

Compensation

Mr. Ian Holland, BSc, MMinGeoSc, FAusIMM, F Fin, MAICD serves as Managing Director of Adelong Gold Limited since February 20, 2024 and serves as Director since March 1, 2024. He was Managing Director at Na...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ian Holland	MD & Director	less than a year	AU$250.16k	0.56% A$ 25.0k
Andrew Draffin	Company Secretary	11.2yrs	AU$69.85k	0.48% A$ 21.7k
Geoff Muers	Geologist	less than a year	no data	no data

0.8yrs

Average Tenure

Experienced Management: ADG's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Ian Holland	MD & Director	less than a year	AU$250.16k	0.56% A$ 25.0k
Ian Hastings	Non-Executive Director	14.2yrs	AU$150.56k	4.45% A$ 198.8k
Mena Habib	Non-Executive Chairman	1.2yrs	AU$52.71k	1.68% A$ 75.3k

1.2yrs

Average Tenure

Experienced Board: ADG's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.

Adelong Gold Management

Management criteria checks 1/4

Key information

Recent management updates

Adelong Gold Limited Announces Retirement of Peter Mitchell as Managing Director, Effective 27 November 2023

Adelong Gold Limited, Annual General Meeting, Nov 27, 2023

Adelong Gold Limited Announces Board Changes

Less than half of directors are independent

Adelong Gold Limited, Annual General Meeting, Nov 30, 2022

3D Resources Limited Appoints Justin Ward as Non-Executive Director

Recent updates

Full year 2024 earnings released: AU$0.003 loss per share (vs AU$0.002 loss in FY 2023)

Adelong Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 0.5 million.

Adelong Gold Limited has filed a Follow-on Equity Offering in the amount of AUD 0.14 million.

First half 2024 earnings released: AU$0.001 loss per share (vs AU$0.001 loss in 1H 2023)

New major risk - Shareholder dilution

Adelong Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 1.1 million.

New major risk - Shareholder dilution

Adelong Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 0.61 million.

Adelong Gold Limited has filed a Follow-on Equity Offering.

Adelong Gold Limited has filed a Follow-on Equity Offering.

Adelong Gold Limited has filed a Follow-on Equity Offering.

Adelong Gold Limited Announces Retirement of Peter Mitchell as Managing Director, Effective 27 November 2023

Adelong Gold Limited, Annual General Meeting, Nov 27, 2023

New major risk - Financial position

Full year 2023 earnings released: AU$0.002 loss per share (vs AU$0.002 loss in FY 2022)

Adelong Gold Limited (ASX:ADG) entered into a binding agreement to acquire Three applications for lithium exploration permits in Lithium Valley in Minas Gerais, in Brazil from Rafael Mottin for AUD 0.78 million.

Adelong Gold Limited Announces Board Changes

First half 2023 earnings released: EPS: AU$0 (vs AU$0.001 loss in 1H 2022)

Adelong Gold Limited to Commence Planned Program of Drilling in March 2023

Adelong Gold Limited Announces Further Program of Drilling Is Planned to Commence At the Adelong Gold Project in March 2023

Adelong Gold Limited announced that it has received AUD 0.25 million in funding

Adelong Gold Limited Announces Drilling Shows Potential for Major Deposits At Gibraltar

Less than half of directors are independent

Adelong Gold Limited Announces Drilling Successfully Completed At Gibraltar

Adelong Gold Limited Announces Completion of Scoping Study for the Adelong Gold Project Located in Southern New South Wales Continued

Adelong Gold Limited, Annual General Meeting, Nov 30, 2022

Adelong Gold Limited Commences Drilling on the Adelong Gold Project

3D Resources Limited Appoints Justin Ward as Non-Executive Director

Full year 2022 earnings released: EPS: AU$0 (vs AU$0 in FY 2021)

3D Resources Limited announced that it has received AUD 0.5 million in funding

Insider recently bought AU$126k worth of stock

3D Resources Limited Receive Further High Grade Assay Results from the Recent Drilling Program At the Caledonian Deposit Within the Adelong Goldfield in Southern NSW

3D Resources Limited Receives Impressive First Assay Results from the Recent the Drilling Program At the Gibraltar Mine and the Caledonian Deposit Within the Adelong Goldfield in Southern NSW

Less than half of directors are independent

3D Resources Limited Announces Drilling Progress At Adelong Gold Field

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

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

3D Resources Limited Announces Drilling Scheduled to Finalize Scoping Study At Adelong

3D Resources Limited Announces Drilling and Finalise Scoping Study at Adelong Goldfield NSW

3D Resources Limited Announces Drilling at the Adelong Goldfield in Southern New South Wales

3D Resources Limited Commences the 12 Hole ~2000M Reverse Circulation Drilling Program At the Adelong Goldfield, in Southern New South Wales

3D Resources to Commence A 12 Hole ~2000M Reverse Circulation Drilling Program Scheduled to Start on 10 June 2021

3D Resources Limited announced that it expects to receive AUD 1.3 million in funding

3D Resources Advances Exploration at Adelong Goldfield

Insider recently bought AU$132k worth of stock

3D Resources Limited, Annual General Meeting, Jan 28, 2021

3D Resources Limited Provides Exploration Update At the Adelong Gold Project

Cazaly Resources Limited (ASX:CAZ) completed the acquisition of remaining 80% stake in Halls Creek Copper Project from 3D Resources Limited (ASX:DDD).

3D Resources Limited Announces Adelong Preliminary Fire Assay Results

3D Resources Limited Provides an Update on the Drilling Results and Exploration Plan for the Adelong Goldfield

Cazaly Resources Limited (ASX:CAZ) entered into an agreement to acquire remaining 80% stake in Halls Creek Copper Project from 3D Resources Limited (ASX:DDD) for AUD 0.5 million.

3D Resources Limited Announces That It Has Progressed Its Exploration Plans for the Adelong gold project

Full year earnings released - AU$0.0004 loss per share

3D Resources Limited Appoints William (Bill) Flannery to Provide the Specialised Engineering, Procurement, Construction and Management ("EPCM") Services

3D Resources Limited (ASX:DDD) completed the acquisition of Challenger Mines Pty Ltd from Macquarie Gold Limited.

3D Resources Limited announced that it has received AUD 1.225 million in funding

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure