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admiralty resources nl (ADY) Snapshot

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admiralty resources nl (ADY) Details

Admiralty Resources NL, together with its subsidiaries, explores for and develops mineral deposits in Australia and Chile. It primarily explores for lead, zinc, nickel, cobalt, and iron ores. The company’s flagship projects include the iron ore districts comprising the Harper South district covering an area of approximately 2,498 hectares; the Pampa Tololo district covering an area of approximately 3,455 hectares; and the El Cojin district covering an area of approximately 647 hectares located in the third region of Chile. Admiralty Resources NL is based in Sydney, Australia.

admiralty resources nl (ADY) Top Compensated Officers

Chief Executive Officer, Managing Director, D...
Total Annual Compensation: A$21.5K
Compensation as of Fiscal Year 2014.

admiralty resources nl (ADY) Key Developments

Admiralty Resources NL Announces Executive Resignations

Admiralty Resources NL announced that Mr. Alan Beasley did not seek re-election at the Annual General Meeting held earlier November 28, 2014, and after tendering his formal resignation prior to the start of the meeting therefore ceased to be a Non-Executive Director of the company. The company also advised that Mr. Scott Bennison was not re-elected as a Non-Executive Director of Admiralty and therefore ceased to be a Director at the closure of the meeting.

Admiralty Resources NL, Annual General Meeting, Nov 28, 2014

Admiralty Resources NL, Annual General Meeting, Nov 28, 2014., at 14:00 AUS Eastern Standard Time. Location: Institute of Chartered Accountants Australia. Agenda: To adopt the remuneration report; to consider re-election of Directors; and to approve convertible note facility.

Admiralty Resources NL Announces Unaudited Consolidated Earnings Results for the Year Ended June 30, 2014

Admiralty Resources NL announced unaudited consolidated earnings results for the year ended June 30, 2014. For the year, the company reported loss before income tax was AUD 3,145,061 against AUD 21,177,925 a year ago. Net loss after tax was AUD 3,145,061 against AUD 21,177,925 a year ago. Loss after income tax attributable to members of the parent entity was AUD 3,145,061 or 0.43 cents basic and diluted per share against AUD 21,177,925 or 2.90 cents basic and diluted per share a year ago. Net cash flows used in operating activities was AUD 2,501,193 against AUD 3,319,496 a year ago. Purchase of property, plant and equipment was AUD 86,380 against AUD 179,254 a year ago. Payments for exploration expenditure on mining interests was AUD 226,908 against AUD 2,196,397 a year ago.


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