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helix resources ltd (HLX) Snapshot

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11/11/13 - A$0.05
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06/23/14 - A$0.03
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helix resources ltd (HLX) Details

Helix Resources Limited is engaged in the acquisition and exploration of mineral properties in Australia and Chile. It primarily explores for gold, copper, iron ore, and base metals. The company is headquartered in West Perth, Australia.

7 Employees
Last Reported Date: 08/29/13

helix resources ltd (HLX) Top Compensated Officers

Managing Director, Executive Director, Member...
Total Annual Compensation: A$229.0K
Total Annual Compensation: A$162.2K
Compensation as of Fiscal Year 2013.

helix resources ltd (HLX) Key Developments

Helix Resources Ltd. Commences Drilling at Blanco Y Negro Copper/Gold Project

Helix Resources Limited announced that drilling has commenced at the company's 100% owned Blanco y Negro Project in Region IV, Chile. A program of up to 7 Reverse Circulation (RC) holes for up to 1,000 m is planned. Drilling will test a further 250m of strike of the main shear target and shallow zones within the known mineralised envelope to improve geological knowledge and confirm grade continuity closer to surface. The program is expected to be completed during August with assay results to follow.

Helix Resources Ltd. Announces Executive Changes Effective May 22, 2014

Helix Resources Limited announced effective May 22, 2014 Mr. Michael Naylor assumes the role of Company Secretary and Chief Financial Officer for the company. Michael has 17 years experience in corporate advisory and public company management since commencing his career and qualifying as a chartered accountant with Ernst & Young. Michael has been involved in the financial management of mineral and resources focused public companies serving on the board and in the executive management team focusing on advancing and developing mineral resource assets and business development. Mrs. Joneen McNamara, resigns from her Company Secretary and CFO roles with the company on May 22, 2014, to pursue personal interests.

Helix Resources Ltd. Announces Board Changes

Helix Resources Ltd. announced that Mr. Gordon Dunbar has informed the Board that he wishes to step down as Chairman and will retire from the Board effective 30 April 2014. As a consequence of the impending retirement of Mr. Dunbar, the company announced the appointment of Mr. Pasquale (Paddy) Rombola who is a current Non-Executive Director will assume the role of Non-Executive Chairman effective 10 March 2014 and appointment of Mr. Jason Macdonald, who will join the Helix Board as a Non-Executive Director with effect from 10 March 2014.


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Price/Book 0.4x
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TEV/Sales 1.1x

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