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Last $0.04 USD
Change Today 0.00 / 0.00%
Volume 0.0
As of 8:10 PM 04/30/15 All times are local (Market data is delayed by at least 15 minutes).

macarthur minerals ltd (MMSDF) Snapshot

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52 Week High
07/31/14 - $0.21
52 Week Low
03/19/15 - $0.02
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macarthur minerals ltd (MMSDF) Details

Macarthur Minerals Limited explores, develops, and extracts iron ore in Western Australia. Its iron ore projects include the Ularring Hematite project and the Moonshine Magnetite project that are located on exploration and mining tenements covering approximately 1,127 square kilometers. The company also explores for nickel and gold. It was formerly known as Macarthur Diamonds Limited and changed its name to Macarthur Minerals Limited in July 2005. Macarthur Minerals Limited is headquartered in Brisbane, Australia.

macarthur minerals ltd (MMSDF) Top Compensated Officers

Chief Executive Officer and Member of The Boa...
Total Annual Compensation: A$267.5K
Chief Financial Officer, General Counsel, Com...
Total Annual Compensation: A$255.0K
Executive Director
Total Annual Compensation: A$325.0K
Compensation as of Fiscal Year 2014.

macarthur minerals ltd (MMSDF) Key Developments

Macarthur Minerals Limited Announces Executive Appointments

Macarthur Minerals Limited announced the appointment of Mr. Earl Evans as Non-Executive Chairman of the Board, effective immediately. Mr. Evans joined the Macarthur Minerals' Board on April 27, 2015, ensuring a smooth transition with the retirement of Mr. Alan Phillips, as Chairman. Mr. Alan Phillips will remain on the Board as an Executive Director. Mr. Evans has held a range of management and executive roles throughout his 23 year career within the financial services industry. The company also appointed Mr. McCall as the Chairman of the Company's Audit Committee and lead independent director. Messrs. Earl Evans and David Taplin have also been appointed members of the Audit Committee.

Macarthur Minerals Limited Announces Management Changes

Macarthur Minerals Limited announced that at Board level, Non-Executive Directors, Messrs. Toigo, Starink, Patricio and Wall have resigned from the Board, as their role in the development of the Ularring Hematite Project draws to a conclusion. In their place, two new non-executive directors have been appointed to the Board, Mr. Earl Evans and Mr. Cameron McCall. Messrs. Evans and McCall both have new project development focus and an extensive network of private and institutional investors to support the next stage in Macarthur's development. Mr. Evans is currently a Director of Shaw's Stockbroking, and head of the Private Wealth Division. Mr. McCall is currently running a corporate advisory business providing advice on asset acquisition and capital raising to international and Australian based organisations. Further, Mr. Joe Phillips the current COO, has taken over the role of CEO. Both Mr. Joe Phillips and Mr. David Taplin, the current CFO, General Counsel & Company Secretary, are appointed as Executive Directors. The former CEO, Alan Phillips, will remain as Executive Chairman. All directors will be subject to re-election at the company's Annual General Meeting.

TSX Announces Delisting Review Of Macarthur Minerals

TSX is reviewing the Common Shares of the Macarthur Minerals Limited with respect to meeting the continued listing requirements. The Company has been granted 120 days in which to regain compliance with these requirements, pursuant to the Remedial Review Process.


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