Greg Foulis

Non-Executive Chair / Nusantara Resources

Greg Foulis is a resource sector finance executive with over 30 years of diverse international experience across a variety of roles ranging from senior executive, business development and investment advisory. He was chief executive of Kingsgate Consolidated, an ASX-listed gold mining and development company, and led the restructuring, divestment and re-focus of the business including the elimination of a debt burden of over US$100 million. Mr Foulis received an M.Comm (Finance) from the University of NSW and a B.AppSc. (Hons) in Geology from the NSW Institute of Technology. He is a graduate member of the Australian Institute of Company Directors and a Fellow of the Australian Institute of Mining and Metallurgy.

Lists and Charts

Roles

2020

Non-Executive Chair

Nusantara Resources

Year started and most recent title

Share Transactions

Person Activity

NEWS: Tagged in Nusantara in $80m takeover 28 Jun 2021
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Tuesday, 15 August, 2017 - 14:03
Troy shareholder calls for board spill
A Singaporean group that holds about a 5 per cent stake in Troy Resources has called for a meeting to seek the replacement of the gold miner’s board members with its own nominees.
Wednesday, 1 May, 2019 - 18:21
Board Moves May 1, 2019
Our daily board moves wrap includes Gary Powell, Allan Kelly, Bryan Dixon, Milan Jerkovic, Richard Boffey, Guy Simpson, Flemming Bjoernslev, Toby Chandler, Philippa Leggat, Anthony Cooper, David Deak, Craig Hall, Michael Fotios, Michael Spreadborough, Greg Foulis, Alan Still, Alex Passmore, John Richards, and Paul Dalgleish.
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Friday, 13 December, 2019 - 12:16
Nusantara raises $11m for Indonesian gold project
Gold explorer Nusantara Resources has secured finance to advance a development strategy for its Awak Mas gold project, with an $11 million capital raising backed by one of Indonesia’s leading energy companies.
Monday, 1 June, 2020 - 15:40
Board Moves June 1, 2020
Our board moves wrap includes Peter Williams, Matthew Foy, Bruce Lane, Emma Gilbert, Eric Moore, Bruce Waddell, Mike Sutton, Neil Whitaker, Greg Foulis, Melissa Chapman, Catherine Grant-Edwards, Erlyn Dale, Winton Willesee, Malcolm King, and Edward Farrell.
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Monday, 28 June, 2021 - 13:00
Nusantara in $80m takeover
The board of West Perth-based Nusantara Resources has accepted a takeover proposal from a major shareholder that values the gold explorer at about $80 million.

Board Moves May 1, 2019
Wednesday, 1 May, 2019 - 18:21

Board Moves June 1, 2020
Monday, 1 June, 2020 - 15:40
TimelineJS
Troy shareholder calls for board spill
Board Moves May 1, 2019
Nusantara raises $11m for Indonesian gold project
Board Moves June 1, 2020
Nusantara in $80m takeover
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Thursday, 2 May, 2019 - 08:52
Nusantara sharpens focus for Indonesian gold project
Nusantara Resources is forging closer ties with strategic partner Indika Energy to hasten the development of its Awak Mas gold project in Indonesia and has appointed Greg Foulis as its Executive Chairman. The company will also build a development team in Indonesia with the technical capabilities to move the project forward whilst continuing to engage with potential banks to provide project financing.
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Tuesday, 16 July, 2019 - 15:18
Nusantara eyeing potential gold upgrade in Indonesia
Indonesia focussed gold developer, Nusantara Resources, has increased its confidence in the potential for a grade uplift to be realised once its Awak Mas gold project on the island of Sulawesi, Indonesia, is in production. Trenches dug across an exploration bench have demonstrated additional high-grade structures that were not captured by ore reserve drilling and related block models.
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Monday, 26 August, 2019 - 14:35
Nusantara snags new CEO to drive Indo gold project
Nusantara Resources has appointed a new CEO to fast-track the development of its Awak Mas gold project in Indonesia. Mining veteran Neil Whitaker has joined the company in a Jakarta-based role, where he will utilise his expertise in the Asia-Pacific region to drive the project forward. Mr Whitaker previously worked as the COO for PT Petrosea Tbk, a subsidiary of the company’s strategic partner in Indonesia, Indika Energy.
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Monday, 9 December, 2019 - 15:47
Nusantara in $116m funding deal to build Indonesian gold mine
One of Indonesia’s largest integrated resources companies, Indika Energy, is looking to take a 40% stake in Nusantara Resources’ two million ounce Awak Mas gold project in Indonesia, virtually clearing a pathway for the mine to be built. Indika plans to invest up to AUD$58m in Nusantara’s wholly-owned subsidiary, PT Masmindo DWI Area to secure its 40% share in the proposed gold mine.

Nusantara eyeing potential gold upgrade in Indonesia
Tuesday, 16 July, 2019 - 15:18

Nusantara snags new CEO to drive Indo gold project
Monday, 26 August, 2019 - 14:35
TimelineJS
Nusantara sharpens focus for Indonesian gold project
Nusantara eyeing potential gold upgrade in Indonesia
Nusantara snags new CEO to drive Indo gold project
Nusantara in $116m funding deal to build Indonesian gold mine
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Related Information

Positions - Current

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Position	Company	Year	Company's current rank	WA staff
Non-Executive Chair	Nusantara Resources	2020

Positions - Previous

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Position	Company	Year	Company's current rank
Executive Chair	Nusantara Resources	2019 - 2020
Non-Executive Chair	Nusantara Resources	2018 - 2019
Chief Executive Officer	Kingsgate Consolidated	2015 - 2017
Senior Vice President, Business Development	AngloGold Ashanti	2009 - 2013	4
Director & Senior Portfolio Manager	Deutsche Bank	2004 - 2009
Senior Vice President, Research & Sales	Deutsche Bank	1997 - 2004

Directors Interest

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Company	Date	Transaction type	Number of shares	Price per share	Transaction value	Nature of change
Nusantara Resources	2021-07-27	Other	445,000	$0.00		Other
Nusantara Resources	2020-08-04	Other	104,162	$0.30	$31,249	Exercise of options
Nusantara Resources	2020-08-04	Bought	104,162	$0.30	$31,249	Exercise of options
Nusantara Resources	2020-01-28	Bought	88,235	$0.34	$30,000	Other
Nusantara Resources	2019-11-06	Issued	500,000	$0.00		Other

Explore Full List

Greg Foulis

Lists and Charts

Roles

Share Transactions

Person Activity

Tuesday, 15 August, 2017 - 14:03

Wednesday, 1 May, 2019 - 18:21

Friday, 13 December, 2019 - 12:16

Monday, 1 June, 2020 - 15:40

Monday, 28 June, 2021 - 13:00

Troy shareholder calls for board spill

Board Moves May 1, 2019

Nusantara raises $11m for Indonesian gold project

Board Moves June 1, 2020

Nusantara in $80m takeover

Thursday, 2 May, 2019 - 08:52

Tuesday, 16 July, 2019 - 15:18

Monday, 26 August, 2019 - 14:35

Monday, 9 December, 2019 - 15:47

Nusantara sharpens focus for Indonesian gold project

Nusantara eyeing potential gold upgrade in Indonesia

Nusantara snags new CEO to drive Indo gold project

Nusantara in $116m funding deal to build Indonesian gold mine

Related Information

Positions - Current