Arika Resources Management

Management criteria checks 3/4

Arika Resources' CEO is Justin Barton, appointed in Jun 2021, has a tenure of 3.42 years. total yearly compensation is A$290.78K, comprised of 81.7% salary and 18.3% bonuses, including company stock and options. directly owns 1.78% of the company’s shares, worth €226.27K. The average tenure of the management team and the board of directors is 2.3 years and 2 years respectively.

Key information

Justin Barton

Chief executive officer

AU$290.8k

Total compensation

CEO salary percentage	81.7%
CEO tenure	3.4yrs
CEO ownership	1.8%
Management average tenure	2.3yrs
Board average tenure	2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Justin Barton's remuneration changed compared to Arika Resources's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	AU$291k	AU$238k	-AU$792k
Dec 31 2023	n/a	n/a	-AU$2m
Sep 30 2023	n/a	n/a	-AU$3m
Jun 30 2023	AU$385k	AU$295k	-AU$4m
Dec 31 2022	n/a	n/a	-AU$6m
Sep 30 2022	n/a	n/a	-AU$5m
Jun 30 2022	AU$404k	AU$247k	-AU$5m
Mar 31 2022	n/a	n/a	-AU$3m
Dec 31 2021	n/a	n/a	-AU$2m
Sep 30 2021	n/a	n/a	-AU$1m
Jun 30 2021	AU$270k	AU$183k	-AU$1m
Mar 31 2021	n/a	n/a	-AU$1m
Dec 31 2020	n/a	n/a	-AU$1m
Sep 30 2020	n/a	n/a	-AU$1m
Jun 30 2020	AU$231k	AU$183k	-AU$1m
Mar 31 2020	n/a	n/a	-AU$2m
Dec 31 2019	n/a	n/a	-AU$2m
Sep 30 2019	n/a	n/a	-AU$3m
Jun 30 2019	AU$212k	AU$183k	-AU$4m
Mar 31 2019	n/a	n/a	-AU$4m
Dec 31 2018	n/a	n/a	-AU$4m
Sep 30 2018	n/a	n/a	-AU$3m
Jun 30 2018	AU$194k	AU$174k	-AU$2m

Compensation vs Market: Justin's total compensation ($USD188.97K) is below average for companies of similar size in the German market ($USD471.14K).

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

CEO

Justin Barton (48 yo)

3.4yrs

Tenure

AU$290,784

Compensation

Mr. Justin Charles Barton serves as Acting Chairman of Arika Resources Limited (formerly known as Metalicity Limited) since November 25, 2022. He served as Director at Nex Metals Explorations Limited since...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Justin Barton	MD, CEO	3.4yrs	AU$290.78k	1.78% € 226.3k
Kate Breadmore	CFO & Company Secretary	2.3yrs	AU$146.52k	no data
Aaron Gates	Joint Company Secretary	less than a year	no data	no data

2.3yrs

Average Tenure

Experienced Management: P8O0's management team is considered experienced (2.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Justin Barton	MD, CEO	6.8yrs	AU$290.78k	1.78% € 226.3k
Roger Steinepreis	Non-Executive Director	1.8yrs	AU$22.52k	6.21% € 791.1k
Steven Wood	Independent Non-Executive Director	2yrs	AU$42.50k	0.66% € 84.2k

2.0yrs

Average Tenure

Experienced Board: P8O0's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.

Arika Resources Management

Management criteria checks 3/4

Key information

Recent management updates

Arika Resources Limited Appoints Aaron Gates as Joint Company

Less than half of directors are independent

Metalicity Limited, Annual General Meeting, Nov 13, 2024

Less than half of directors are independent

Less than half of directors are independent

Metalicity Limited Announces Resignation of James Doyle as Joint Company Secretary, Effective 30 November 2023

Recent updates

Arika Resources Limited Appoints Aaron Gates as Joint Company

Less than half of directors are independent

Metalicity Limited, Annual General Meeting, Nov 13, 2024

Metalicity Limited has filed a Follow-on Equity Offering in the amount of AUD 0.953047 million.

Less than half of directors are independent

Less than half of directors are independent

Metalicity Limited has completed a Follow-on Equity Offering in the amount of AUD 1.497936 million.

Metalicity Limited Announces Resignation of James Doyle as Joint Company Secretary, Effective 30 November 2023

Metalicity Limited Announces Resignation of James Doyle as Joint Company Secretary, Effective 30 November 2023

Less than half of directors are independent

Metalicity Limited, Annual General Meeting, Nov 24, 2023

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Metalicity Limited Announces Permit Application for Mt Surprise Project

Metalicity Limited Announces Board Changes

Metalicity Limited Announces 11% Copper Assay with Cobalt at Mt Suprise Project

Metalicity Limited Completes Significant Exploration Programme at its Newly Acquired 100% Owned Mt Surprise Lithium Project

Metalicity Limited Announces Board Changes

Metalicity Limited Appoints Steven Wood as Director

Less than half of directors are independent

Metalicity Limited Announces High Grade Copper Results from Outcropping Gossan Rock Chips at Mt Surprise

Metalicity Limited Announces Maiden Exploration Programme Completed at Mt Surprise Lithium Project Uncovers Abundant Copper Mineralisation at Surface

Less than half of directors are independent

Metalicity Limited Announces Fieldwork Commences at the Mt Surprise Lithium Project

Full year 2022 earnings released: AU$0.002 loss per share (vs AU$0.001 loss in FY 2021)

Metalicity Limited, Annual General Meeting, Nov 25, 2022

Less than half of directors are independent

Metalicity Limited Announces Drilling Results from Champion Deposit and Champion North and South Exploration Targets At the Kookynie Gold Project

Metalicity Limited Announces High Grade Copper Rock Chips over 25% At Mt Surprise

Metalicity Limited (ASX:MCT) announced the acquisition of Georgetown Lithium Project in North Queensland from tenement holder for AUD 0.18 million.

Less than half of directors are independent

Metalicity Limited Secures A Second Highly Prospective Lithium Project, the Georgetown Lithium Project (EPM 28121) in North Queensland

Metalicity Limited Announces Highly Prospective Mt Surprise Lithium Project Now Granted

Metalicity Limited Announces High Grade Gold Results from McTavish South Prospect At the Kookynie Gold Project in the Eastern Goldfields, Western Australia

Less than half of directors are independent

Metalicity Limited Announces Kookynie Gold Project Drilling Update

Metalicity Limited Will Expand the Current Air Core and RC Drilling Programme at the Kookynie Gold Project

Metalicity Limited Announces the Mineral Resource Estimate from the Leipold, Champion and Mctavish Prospects

Less than half of directors are independent

Metalicity Limited Announces Commencement of Aircore and RC Drilling Programme at the Leipold, McTavish and Champion Prospects Within the Kookynie Gold Project

Metalicity Limited Announces Commencement of Aircore and RC Drilling Programme at the Leipold, McTavish and Champion Prospects Within the Kookynie Gold Project

Less than half of directors are independent

Less than half of directors are independent

Metalicity Limited Announces Significant, 8.92-Metre-Wide Intercept of the Leipold Lode A Further 100 Metres Down Dip from First Diamond Hole

Less than half of directors are independent

Vox Provides Recent Development and Exploration Updates from Royalty Operating Partners Gold Standard Ventures, Genesis Minerals Limited, Metalicity Limited, Black Cat Syndicate Limited and Norwest Minerals Limited

Metalicity Limited (ASX:MCT) made an offer to acquire Nex Metals Explorations Limited (ASX:NME).

Less than half of directors are independent

Metalicity Limited Commences Drilling At the Mctavish Prospects At the Kookynie Gold Project

Less than half of directors are independent

Metalicity Limited Announces Gold Results Continue At Kookynie Gold Project

Metalicity Limited Announces Assays Results for the Leipold Prospect At the Kookynie Gold Project

Metalicity Limited announced that it expects to receive AUD 3 million in funding

Metalicity Limited Announces Assays Results for the McTavish Prospect at the Kookynie Gold Project in the Eastern Goldfields, Western Australia

Metalicity Limited Announces Assays Results for the Altona Prospect at the Kookynie Gold Project in the Eastern Goldfields, Western Australia

Metalicity Limited Announces Project and Update on 2021 Assays

Metalicity Limited Announces Return of All Pending Assays from the 2020 Drilling Programme at the Kookynie Gold Project in the Eastern Goldfields, Western Australia

Metalicity Limited Announces Recommencement of Drilling at the Kookynie Gold Project

Metalicity Limited Announces the Return of New Assays from the Drilling Programme at the Kookynie Gold Project in the Eastern Goldfields, Western Australia

Metalicity Limited Provides Market Update on Current Drilling Programme At the Kookynie Gold Project

Metalicity Limited (ASX:MCT) acquired two prospecting licenses located at the Batavia Mining Area for AUD 0.02 million.

Metalicity Limited Announces the Return of Further Assays from the Current Drilling Programme At the Kookynie Gold Project

Full year earnings released - €0.0017 loss per share

Metalicity Limited Announces Executive Changes

Metalicity Limited Reports Drill Hole Intercepts Up to 100 g/t Au for the Kookynie Gold Project

Metalicity Limited announced that it expects to receive AUD 5 million in funding

CEO Compensation Analysis

CEO