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galaxy resources ltd (GXY) Snapshot

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04/30/14 - A$0.07
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galaxy resources ltd (GXY) Details

Galaxy Resources Limited operates as an integrated lithium mining and chemicals company. It explores for lithium, tantalum, copper-gold, nickel, gold, iron ore, rare earths, and uranium. The company has interests in various projects, including the Sal de Vida lithium and potash brine project in Argentina; the Mt Cattlin Spodumene mine in Western Australia; and the James Bay Lithium Pegmatite project in Quebec, Canada, as well as holds portfolio of projects in Western Australia at various stages of development. Galaxy Resources Limited is based in West Perth, Australia.

galaxy resources ltd (GXY) Top Compensated Officers

Managing Director, Executive Director and Mem...
Total Annual Compensation: A$324.3K
Executive Director and Member of Special Mana...
Total Annual Compensation: A$324.3K
General Manager of Development
Total Annual Compensation: A$263.5K
Compensation as of Fiscal Year 2013.

galaxy resources ltd (GXY) Key Developments

Galaxy Resources Limited Reports Consolidated Cash Flow Results for the Quarter Ended December 31, 2014

Galaxy Resources Limited reported consolidated cash flow results for the quarter ended December 31, 2014. For the quarter, net operating cash flows were negative AUD 9,450,000 against AUD 29,120,000 a year ago. Payments for purchases of other fixed assets were AUD 332,000 against AUD 2,122,000 a year ago.

Galaxy Resources Ltd Announces Management Changes

Galaxy Resources Ltd. announced the appointment of Mr. Simon Robertson as Company Secretary following the resignation of Mr. Andrew Meloncelli effective November 28, 2014. He is a member of the institute of Chartered Accountants and the Governance Institute of Australia. Mr. Robertson currently holds the position of Company Secretary for a number of publically listed companies and has extensive experience in corporate finance, accounting and administration, capital raisings and ASX compliance and regulatory requirements. Mr. Rowen Colman appointed as Chief Financial Officer. Mr. Colman is a Chartered Accountant with over 25 years of senior financial management experience in various global industries. Mr. Colman has more recently focused his expertise on the resource industry. Mr. Colman is Chief Financial Officer of Forsys Metals Corp., and also Chief Financial Officer of Caravel Minerals Limited an ASX listed gold and base metals explorer. Mr. Nicholas Rowley appointed as director- investor relations. Mr. Rowley previously worked as an Investment Advisor for Bell Potter Securities Limited for 9 years where he gained widespread experience in equities markets, advising domestic and international Institutional sales and high net worth individuals.

Galaxy Resources Limited Announces Unaudited Consolidated Cash Flow Results for the Third Quarter and Nine Months Ended September 30, 2014

Galaxy Resources Limited announced unaudited consolidated cash flow results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported net operating cash outflows of AUD 8,103,000. Payment for purchases of other fixed assets was AUD 356,000. For the nine months, the company reported net operating cash outflows of AUD 19,670,000. Payment for purchases of other fixed assets was AUD 1,790,000.


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