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As of 11:02 PM 12/22/14 All times are local (Market data is delayed by at least 15 minutes).

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12/31/13 - A$0.70
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marenica energy ltd (MEY) Details

Marenica Energy Limited engages in the exploration, evaluation, and development of uranium deposits in Namibia and Australia. The company also explores for gold, coal, and other minerals. Its flagship project is Marenica uranium project that covers an area of approximately 527 square kilometers in Namibia. The company was formerly known as West Australian Metals Ltd and changed its name to Marenica Energy Limited in November 2009. Marenica Energy Limited was incorporated in 1978 and is headquartered in West Perth, Australia.

Founded in 1978

marenica energy ltd (MEY) Top Compensated Officers

Chief Executive Officer
Total Annual Compensation: A$260.0K
Compensation as of Fiscal Year 2014.

marenica energy ltd (MEY) Key Developments

Marenica Energy Announces Management Changes

Marenica Energy Ltd. announced that Mr. Robert Pearce advised of his retirement as Chairman and Director of Marenica. Mr. Pearce has been chairman of Marenica since 2010 and has played an importance role in developing the company and guiding the Board over this time. The company advised that Non-executive Director Mr. Doug Buerger has been appointed as the new Chairman of the Board effective immediately. He has an extensive experience in project management, general management and executive roles. The company also announced the appointment of Hanlong nomiee Mr. Lou Guo Qing as an Non-executive Director of the company. He was formerly the president of China Construction Bank, Panzhihua Municipality branch in Sichuan province and has 26 years of experience in credit management and financial investment.

Marenica Energy Ltd, Annual General Meeting, Nov 03, 2014

Marenica Energy Ltd, Annual General Meeting, Nov 03, 2014.

Marenica Energy Ltd Announces Audited Consolidated Earnings Results for the Full Year Ended June 30, 2014

Marenica Energy Ltd. announced audited consolidated earnings results for the full year ended June 30, 2014. For the period, the company reported loss before income tax expense and loss from continuing operations of AUD 2,039,670 against AUD 2,938,060 a year ago. Net loss was AUD 1,439,739 or 0.15 cents per basic and diluted share against AUD 2,724,595 or 0.55 cents per basic and diluted share a year ago. Net cash used in operating activities was AUD 1,100,257 against AUD 2,561,821 a year ago. Purchase of plant and equipment were AUD 2,040 against AUD 22,489 a year ago. Revenue was AUD 96,360 compared to AUD 71,825 for the last year.


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