Company Overview
Exploration for gold and copper deposits.
| Website | www.aicmines.com.au |
|---|---|
| Head Office | Subiaco WA |
| Registry | Computershare Investor Services |
| CEO | Aaron Colleran |
| Chair Person | Josef El-Raghy |
| GICS Industry | Materials |
| Sub Industry | Diversified Metals & Mining |
| Sector | Materials |
| Market Cap | $156 m |
|---|---|
| Shares on Issue | 308 m |
| Status | Trading |
| Last Price | |
| Change | |
| 52 Week H/L | |
| VWAP | |
| Bid/Ask |
Directors and Management
Mr Brett Montgomery
Non-Executive Director 18/04/2019
Mr Montgomery has experience in public company management in both executive and non-executive roles. Mr Montgomery is currently a Non-Executive Director of Tanami Gold NL (commencing February 2013). He was previously Managing Director of Kalimantan Gold NL and a Director of Bard 1 Life Sciences Ltd (from November 2014 to June 2019), Grants Patch Mining Ltd, EZA Corporation Ltd and Magnum Gas and Power Ltd.
Male
Mr Josef El-Raghy
Non-Executive Chairman,Non-Executive Director 18/04/2019
Mr El-Raghy has experience in developing and managing gold companies. Most recently, Mr El-Raghy was Chairman of Centamin plc, a gold mining company listed on the Main Board of the London Stock Exchange and also the Toronto Stock Exchange. Mr El-Raghy joined Centamin as Managing Director in August 2002 and oversaw the company's transition from junior explorer to successful gold miner before ceasing with the company in June 2020. Mr El-Raghy was formerly a director of both CIBC Wood Gundy and Paterson Ord Minnett and had a ten-year career in stockbroking. In addition to his direct management experience of project development and operation, his time at Centamin has also provided him with deep experience with international capital markets.
B.Comm (University of Western Australia) Broker Male
Mr Aaron Mark Colleran
Chief Executive Officer,Managing Director 18/04/2019
Mr Colleran has experience in public markets mergers and acquisitions and strategic planning. Prior to joining AIC, Mr Colleran was a founding member of the leadership team of Australian gold producer Evolution Mining Limited, having managed its business development and investor relations program from inception through to 2018. He was instrumental in the multiple merger and acquisition transactions that created Evolution Mining, now one of Australia's largest gold mining companies. Mr Colleran was previously a Non-Executive Director of Kidman Resources Limited (from January 2018 to September 2019) and Riversgold Limited (from February 2019 to August 2019).
BEng(Geology), BCom(Finance) Geologist Male
Mr Tony Gregory Wolfe
Non-Executive Director 25/11/2016
Mr Wolfe has experience in asset management having managed event driven and special situations portfolios across the Asia- Pacific region. Mr Wolfe currently holds the position of 'Portfolio Manager' for Brahman Capital Management Pte Ltd focusing on equity driven and special situation investments. Brahman Pure Alpha Pte Ltd, an entity controlled by Brahman Capital Management Pte Ltd is a substantial holder in AIC Mines. Previously, Mr Wolfe was a Portfolio Manager at Brummer & Partners AG, a multi-strategy hedge fund that manages over US$15.0 billion in assets under management. Mr Wolfe has also held senior portfolio management roles at Pengana Capital and Rubicon Asset Management in Sydney.
DipFinAdvis, GDipAppFin Portfolio Manager Male
Top 20 Shareholders
| Name | Shares | % | |
|---|---|---|---|
| 1. | Nordana Pty Ltd | 7,428,572 | 10.81 |
| 2. | El'Raghy Kriewaldt Pty Ltd | 5,365,842 | 7.81 |
| 3. | Abn Amro Clearing Sydney Nominees Pty Ltd | 5,347,665 | 7.78 |
| 4. | Gold Elegant (Hk) Investment Limited | 3,814,287 | 5.55 |
| 5. | HSBC Custody Nominees (Australia) Limited | 3,562,672 | 5.18 |
| 6. | Mr Aaron Colleran | 2,900,000 | 4.22 |
| 7. | BPM Capital Limited | 1,900,000 | 2.77 |
| 8. | Tazga Two Pty Ltd | 1,428,572 | 2.08 |
| 9. | Mr Surya Paloh | 1,384,000 | 2.01 |
| 10. | Singpac Investment Holding Pte Limited | 1,145,116 | 1.67 |
| 11. | Matrix Nominees Pty Ltd | 1,048,572 | 1.53 |
| 12. | Mr Richard Lockwood | 1,000,000 | 1.46 |
| 13. | Argonaut Equity Partners Pty Ltd | 901,804 | 1.31 |
| 14. | Sze Wai Chong | 857,143 | 1.25 |
| 15. | Mr Brett Montgomery | 857,143 | 1.25 |
| 16. | Mrs Heidi Brown | 828,154 | 1.21 |
| 17. | Mr Grant Michael Roberts | 729,685 | 1.06 |
| 18. | Rumble Resources Limited | 714,286 | 1.04 |
| 19. | Jetosea Pty Ltd | 687,721 | 1.00 |
| 20. | Ms Wai Heng Ho | 680,109 | 0.99 |
Director Transactions
| Date | Name | Qty | Value | Direction | Notes |
|---|---|---|---|---|---|
| 30/04/2021 | Josef El-Raghy | 62,593 | $18,464 | Buy | On-market trade. |
| 28/04/2021 | Josef El-Raghy | 60,503 | $16,335 | Buy | On-market trade. |
| 27/04/2021 | Josef El-Raghy | 218,429 | $65,332 | Buy | On-market trade. |
| 26/04/2021 | Josef El-Raghy | 38,771 | $11,631 | Buy | On-market trade. |
| 23/04/2021 | Aaron Colleran | 100,000 | $29,503 | Buy | On-market trade. |
| 21/12/2020 | Aaron Colleran | 500,000 | $210,000 | Issued | Issue of securities. 6,500,000 - Incentives |
| 09/12/2020 | Brett Montgomery | 57,143 | $22,857 | Sell | As advised by the company. Lachlan Montgomery is an adult as such his holding of fully paid ordinary shares is no longer considered an Indirect Relevant Interest of Brett Montgomery (as agreed by the Board 9 December 2020) |