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gabriel resources ltd (GBU) Details

Gabriel Resources Ltd. engages in the exploration, evaluation, and development of precious metal mining properties in Romania. The company primarily explores for gold, silver, and copper deposits. It primarily holds interest in the Bucium exploration concession covering an area of 2,325 hectares located in Western Transylvania. The company was formerly known as Starx Resource Corp. and changed its name to Gabriel Resources Ltd. in April 1997. Gabriel Resources Ltd. was founded in 1986 and is based in Whitehorse, Canada.

Founded in 1986

gabriel resources ltd (GBU) Top Compensated Officers

President, CEO & Director
Total Annual Compensation: C$323.5K
Part Time Chief Financial Officer
Total Annual Compensation: C$372.0K
Chief Commercial Officer
Total Annual Compensation: C$654.4K
Deputy Managing Director of RMGC
Total Annual Compensation: C$290.6K
Consultant
Total Annual Compensation: C$1.1M
Compensation as of Fiscal Year 2017.
gabriel resources ltd
Gabriel Resources Ltd Announces Earnings Results for the First Quarter Ended March 31, 2019

Gabriel Resources Ltd. announced earnings results for the first quarter ended March 31, 2019. For the quarter, the company reported net loss for the first quarter of 2019 was CAD 7.7 million, an increase of CAD 0.8 million from a loss of CAD 6.9 million in the corresponding period in 2018.

Gabriel Resources Ltd. Announces Management Changes

Gabriel Resources Ltd. announced with effect from June 1, 2019, the board has appointed Mr. Richard Brown, who is currently Chief Commercial Officer and Corporate Secretary, as Chief Financial Officer. Mr. Simon Lusty, who is currently the Group General Counsel, will replace Mr. Brown as Corporate Secretary with effect from May 16, 2019. Mr. Vaughan who had indicated his wish to resign from the Group prior to these changes, has agreed to continue to act as a consultant in connection with the ongoing ICSID Arbitration case.

Gabriel Resources Ltd. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2018

Gabriel Resources Ltd. reported earnings results for the fourth quarter and full year ended December 31, 2018. The company reported net loss for the fourth quarter of 2018 was CAD 12.7 million. The net loss for the year ended December 31, 2018 was CAD 50.6 million, or CAD 0.13 per share. Operating loss in 2018 was CAD 44.4 million, CAD 15.0 million higher than in 2017 of CAD 29.4 million.

 

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