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Kaiser Reef Limited (ASX:KAU)

ALERT: Price-sensitive ASX Announcement for KAU
Current share price for KAU : $0.225 -0.085 (-27.42%)+
Announcement
Release
18 Mar 2026 8:59AM
Price at Release
$0.310
Full Release
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Summary
Kaiser Reef Limited, an ASX-listed gold producer and exploration company, announced the renewal of Mr. Brad Valiukas's contract as Managing Director. Having transitioned from Executive Director - Operations to Managing Director in October of the previous year, Mr. Valiukas brings extensive experience in mining operations across various commodities and has played a pivotal role in the company's strategic direction and operational success. Under his leadership, Kaiser Reef is advancing projects such as the Henty Gold Mine in Tasmania and the Maldon Gold Project in Victoria. The renewed contract includes a base salary, short-term incentives, long-term incentives with options, and a notice period agreement, reflecting the Board's confidence in Mr. Valiukas's ability to maintain and build upon the company's growth momentum.
Key Points
  • Brad Valiukas's contract as Managing Director renewed.
  • Transition from Executive Director - Operations to Managing Director in October last year.
  • Experienced mining engineer with over 25 years in the industry.
  • Kaiser Reef focuses on Eastern States of Australia with projects like Henty Gold Mine and Maldon Gold Project.
  • Material terms of employment include $445,000 base salary, 50% STI, 100% LTI, and options.
  • Renewed leadership ensures continuation of company's strategic and operational success.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.