Austral Gold Management

Management criteria checks 3/4

Austral Gold's CEO is Stabro Kasaneva, appointed in Aug 2016, has a tenure of 8.25 years. total yearly compensation is $488.16K, comprised of 79.4% salary and 20.6% bonuses, including company stock and options. directly owns 1.29% of the company’s shares, worth A$181.27K. The average tenure of the management team and the board of directors is 4.5 years and 17.4 years respectively.

Key information

Stabro Kasaneva

Chief executive officer

US$488.2k

Total compensation

CEO salary percentage	79.4%
CEO tenure	8.3yrs
CEO ownership	1.3%
Management average tenure	4.5yrs
Board average tenure	17.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Stabro Kasaneva's remuneration changed compared to Austral Gold's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	-US$23m
Mar 31 2024	n/a	n/a	-US$15m
Dec 31 2023	US$488k	US$388k	-US$7m
Sep 30 2023	n/a	n/a	-US$7m
Jun 30 2023	n/a	n/a	-US$6m
Mar 31 2023	n/a	n/a	-US$7m
Dec 31 2022	US$717k	US$338k	-US$8m
Sep 30 2022	n/a	n/a	-US$10m
Jun 30 2022	n/a	n/a	-US$11m
Mar 31 2022	n/a	n/a	-US$9m
Dec 31 2021	US$799k	US$350k	-US$7m
Sep 30 2021	n/a	n/a	-US$2m
Jun 30 2021	n/a	n/a	US$3m
Mar 31 2021	n/a	n/a	US$5m
Dec 31 2020	US$691k	US$326k	US$8m
Sep 30 2020	n/a	n/a	US$11m
Jun 30 2020	n/a	n/a	US$14m
Mar 31 2020	n/a	n/a	US$10m
Dec 31 2019	US$666k	US$355k	US$5m
Sep 30 2019	n/a	n/a	-US$10m
Jun 30 2019	n/a	n/a	-US$25m
Mar 31 2019	n/a	n/a	-US$26m
Dec 31 2018	US$763k	US$381k	-US$26m

Compensation vs Market: Stabro's total compensation ($USD488.16K) is above average for companies of similar size in the Australian market ($USD297.98K).

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

CEO

Stabro Kasaneva

8.3yrs

Tenure

US$488,157

Compensation

Mr. Stabro Kasaneva has been the Chief Executive Officer at Austral Gold Limited since August 12, 2016 and served as its President. Mr. Kasaneva serves as Managing Director at Austral Gold Limited. Mr. Kas...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Stabro Kasaneva	CEO, MD & Executive Director	8.3yrs	US$488.16k	1.29% A$ 181.3k
Joseph Bordogna	CFO & Joint Company Secretary	2.5yrs	US$314.94k	0.021% A$ 2.9k
Rodrigo Ramirez	COO & VP of Operations	6.4yrs	US$390.37k	0.046% A$ 6.4k
Euh Hwang	Joint Company Secretary	less than a year	no data	no data

4.5yrs

Average Tenure

Experienced Management: AGD's management team is considered experienced (4.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Stabro Kasaneva	CEO, MD & Executive Director	15.1yrs	US$488.16k	1.29% A$ 181.3k
Eduardo Sergio Elsztain	Non-Executive Chairman	17.4yrs	US$100.00k	6.89% A$ 970.6k
Saul Zang	Non-Executive Director	17.4yrs	US$50.00k	0.27% A$ 37.7k
Pablo Vergara del Carril	Non-Executive Director	18.5yrs	US$50.00k	0.011% A$ 1.6k
Robert Trzebski	Independent Non-Executive Director	17.5yrs	US$54.30k	no data
Benjamin Jarvis	Independent Non-Executive Director	13.4yrs	US$50.00k	0.098% A$ 13.8k

17.4yrs

Average Tenure

64yo

Average Age

Experienced Board: AGD's board of directors are seasoned and experienced ( 17.4 years average tenure).

Austral Gold Management

Management criteria checks 3/4

Key information

Recent management updates

Less than half of directors are independent

Austral Gold Limited Announces Executive Changes

Less than half of directors are independent

Austral Gold Limited, Annual General Meeting, May 28, 2024

Less than half of directors are independent

Less than half of directors are independent

Recent updates

Less than half of directors are independent

New major risk - Revenue and earnings growth

Unico Silver Limited (ASX:USL) completed the acquisition of Sierra Blanca S.A. from Austral Gold Limited (ASX:AGD) and Capella Minerals Limited (TSXV:CMIL).

Austral Gold Limited Announces Executive Changes

New major risk - Market cap size

Unico Silver Limited (ASX:USL) signed an agreement to acquire Sierra Blanca S.A. from Austral Gold Limited (ASX:AGD) and Capella Minerals Limited (TSXV:CMIL).

Less than half of directors are independent

Austral Gold Limited, Annual General Meeting, May 28, 2024

Less than half of directors are independent

New major risk - Financial position

Full year 2023 earnings released: US$0.012 loss per share (vs US$0.013 loss in FY 2022)

New major risk - Market cap size

Less than half of directors are independent

Less than half of directors are independent

Austral Gold Limited announced that it expects to receive AUD 1.6 million in funding

Austral Gold Limited announced that it expects to receive AUD 1.6 million in funding

Austral Gold Limited Reports New Drilling Results from Jaguelito

First half 2023 earnings released: US$0.004 loss per share (vs US$0.007 loss in 1H 2022)

Austral Gold Limited Provides Production Guidance for the Fiscal Year 2023

Less than half of directors are independent

Less than half of directors are independent

Austral Gold Limited Announces the Retirement of Wayne Hubert as Executive Chairman, Effective 30 May 2023

Less than half of directors are independent

Less than half of directors are independent

Full year 2022 earnings released: US$0.014 loss per share (vs US$0.012 loss in FY 2021)

Less than half of directors are independent

Austral Gold Limited Announces Drill Results At Casposo-Manantiales

Less than half of directors are independent

Austral Gold Begins Drilling At Jaguelito in Argentina

Less than half of directors are independent

E2 Metals Limited agreed to acquire Pinguino polymetallic project in Argentina from Austral Gold Limited for $10 million.

Less than half of directors are independent

Less than half of directors are independent

Austral Gold Limited Announces Expanded Drilling Program Commences At Casposo-Manantiales

Austral Gold Limited Announces Change in Company Secretary

First half 2022 earnings released: US$0.007 loss per share (vs US$0.001 loss in 1H 2021)

Less than half of directors are independent

Austral Gold Limited Revises Production Guidance for 2022

Austral Gold Limited Reports Encouraging Results At Casposo

Austral Gold Limited Provides Exploration Update

Less than half of directors are independent

Austral Gold Limited, Annual General Meeting, May 27, 2022

Austral Gold Limited Appoints Jose Bordogna as Chief Financial Officer, Effective May 1, 2022

Full year 2021 earnings released: US$0.012 loss per share (vs US$0.014 profit in FY 2020)

Austral Gold Limited Updates Mineral Reserve and Resource in Chile

Austral Gold Announces Resignation of Jose Bordogna as CFO

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Austral Gold Limited Provides Additional Information on Jaguelito Project

Austral Gold Limited Provides an Update on Its On-Going Exploration Activities in the Paleocene Belt in Chile

Austral Gold Limited Commences Drilling At Morros Blancos, Chile

First half 2021 earnings released: US$0.001 loss per share (vs US$0.008 profit in 1H 2020)

Austral Gold Limited Announces Update of Its Amancaya Drilling Campaign

Full year 2020 earnings released: EPS US$0.014 (vs US$0.01 in FY 2019)

Full year 2020 earnings released: EPS US$0.014 (vs US$0.01 in FY 2019)

Austral Gold Limited (ASX:AGD) completed the acquisition of Revelo Resources Corp. (TSXV:RVL) from Michael Winn, Timothy Beale and others

New 90-day high: AU$0.24

Austral Gold Limited Receives Assay Results for the First Fifteen Drill Holes Reflecting 4,806m at its Amancaya Mine

Executive Chairman recently bought AU$103k worth of stock

Austral Gold Limited (ASX:AGD) completed the acquisition of 80% stake in Sierra Blanca Gold-Silver Project from New Dimension Resources Ltd. (TSXV:NDR).

New 90-day high - AU$0.34

Austral Gold Limited (ASX:AGD) entered into a conditional non-binding letter of intent to acquire Revelo Resources Corp. (TSXV:RVL) for CAD

New 90-day high - AU$0.30

New 90-day high - AU$0.20

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure