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diatreme resources ltd (DRX) Snapshot

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52 Week High
09/25/13 - A$0.03
52 Week Low
06/26/14 - A$0.0070
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diatreme resources ltd (DRX) Details

Diatreme Resources Limited explores for heavy mineral sands, copper, gold, and base metals in Australia. Its flagship asset is the Cyclone Zircon project located in Western Australia. The company was incorporated in 1993 and is based in Spring Hill, Australia.

Founded in 1993

diatreme resources ltd (DRX) Top Compensated Officers

Group Financial Controller and Joint Company ...
Total Annual Compensation: A$163.0K
Joint Company Secretary
Total Annual Compensation: A$31.5K
Exploration Manager
Total Annual Compensation: A$219.3K
Compensation as of Fiscal Year 2013.

diatreme resources ltd (DRX) Key Developments

Diatreme Resources Limited Announces Audited Consolidated Earnings Results for the Six Months Ended June 30, 2014

Diatreme Resources Limited announced audited consolidated earnings results for the six months ended June 30, 2014. For the period, the company reported revenue of AUD 185,132 against AUD 159,112 a year ago. Loss before income tax was AUD 2,695,623 against AUD 2,388,924 a year ago. Net loss was AUD 2,695,623 against AUD 2,388,924 a year ago. Diluted loss per share was 0.4 cents against 0.5 cents a year ago. Net cash used in operations was AUD 617,946 against AUD 550,112 a year ago. Payments for exploration and evaluation assets were AUD 2,195,725 against AUD 1,187,744 a year ago. The loss reflects the nature of the group's principal activity.

Diatreme Resources Limited Announces Appointment of Neil McIntyre as Chief Executive

Effective immediately Mr. Neil McIntyre has resigned his position as a director of Diatreme Resources Limited to assume the role of Chief Executive with the company.

Diatreme Resources Limited Announces Management Changes

Diatreme Resources Limited announced that following a Company structural review undertaken by the Board that the Chairman/CEO, Mr. Tony Fawdon, and the Executive Director Operations, Mr. David Hall, will depart the company on a negotiated early retirement and redundancy package. Long standing current Non Executive Director, Mr. William Wang, has assumed the role of Non Executive Chairman and current Non Executive Director, Mr. Neil McIntyre, has been appointed Acting Managing Director.


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