Wednesday, 28 January, 2009 - 13:59
Brockman MD in the money with exercise
Brockman Resources managing director Wayne Richards has exercised $500,000 worth of options at nearly half the price of the company's last traded share price.
Wayne Richards is an experienced mining executive with over 35 years spent in senior executive roles within the iron ore, nickel and refining industries across Australia, Africa, China and India.
He has been involved in the advancement of the respective studies, project construction and commissioning activities; and is a project director familiar with project regulatory approvals, financing and marketing activities required to design and operate iron ore mines and their associated logistics.
Mr Richards has been the managing director & chief executive of Burley Minerals since February 2022. He was previously the executive chair and chief executive of Tawana Resources and managing director of Brockman Resources - both associated with the exploration, design and development of iron ore projects within West Africa and the Pilbara region of Western Australia. He was also the managing director of IronClad Mining.
Rank | Company | # | |
---|---|---|---|
87th | ![]() |
Elmore | $6.74m |
117th | ![]() |
Buxton Resources | $2.80m |
120th | ![]() |
Tasman Resources | $2.28m |
121st | ![]() |
Eden Innovations | $2.28m |
122nd | ![]() |
Bass Metals | $2.27m |
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NEWS: Tagged in Board Moves August 30, 2023 | 30 Aug 2023 |
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NEW ROLE: Non-Executive Director, Heavy Minerals | 31 Oct 2022 |
Brockman Resources managing director Wayne Richards has exercised $500,000 worth of options at nearly half the price of the company's last traded share price.
Australia’s resources-led economic recovery has had a major impact on the pay of WA-based executives, with a big rise in the number of million dollar pay packets as share prices bounced back from GFC lows.
Brockman Resources and Wah Nam International say the timely development of the Marillana iron ore project is top priority following the conclusion of Wah Nam's $900 million plus takeover offer.
Perth-based iron ore junior Brockman Resources says industry consolidation could benefit the development of its Marillana project in the Pilbara.
Brockman Resources has replaced most of its board of directors in the wake of Hong Kong investment house Wah Nam International taking a controlling stake in the iron ore junior.
Former Brockman Resources and BHP Billiton executive Wayne Richards has been appointed managing director of IronClad Mining.Mr Richards will join IronClad from March 1, as it ramps up development of its Wilcherry Hill iron ore project in South Australia.
Shares in Tawana Resources have soared on the back of news the junior miner plans to raise $2.9 million through a share placement.
Shares in Perth-based explorer Tawana Resources are trading lower after the company announced it has raised $5 million through a discounted share placement.
Our weekly appointments wrap includes Lydia Litton, William Bradford, Nicholas van Hattem, Chris Torrey, Gail Beck, Daniel Brown, Merle Carter, Linda Dridi, Jonathan Ford, Corina Martin, Vicki O’Donnell...
Our board moves wrap includes John Mogford, Malcolm Broomhead, Ben Smith, Wayne Richards, Glenn Simpson, Ian Murray, Thomas Spencer, and David Bonomini.
Our board moves wrap includes Peter Batten, Chain Yee Tee, Aaron Williams, Wayne Richards, Mark Lochtenberg, Neville Henry, Nicholas Ong, Pauline Gately, Suzan Pervan, Michelle d'Almeida, Andy Hodges, and Steve Allen.
Position | Company | Year | Company's current rank |
---|---|---|---|
Non-Executive Director
|
2022 - 2023 | 335 | |
Management Executive, Paulsens East Iron Ore Project
|
2019 - 2021 | 94 | |
Chief Executive, Executive Chair
|
2013 - 2016 | ||
Non-Executive Director
|
2013 - 2013 | 87 | |
Managing Director
|
2012 - 2013 | ||
Managing Director
|
2007 - 2012 | ||
Managing Director
|
- | 552 |
Company | Date | Transaction type | Number of shares | Price per share | Transaction value | Nature of change |
---|---|---|---|---|---|---|
2015-08-31 | Other | 10,000,000 | $0.00 | Other | ||
2015-07-10 | Other | 25,000,000 | $0.00 | Other | ||
2015-03-17 | Bought | 500,000 | $0.01 | $3,108 | On-market trade | |
2015-02-23 | Issued | 30,000,000 | $0.00 | Other | ||
2014-12-12 | Other | 20,000,000 | $0.00 | Other |
Announced | Bidder | Target | Transaction Type | Total Value | |
---|---|---|---|---|---|
Wah Nam International Holdings | Brockman Resources | Takeover | $456.00m | >> |