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Lefroy Exploration Limited (ASX:LEX)
ALERT: Price-sensitive ASX Announcement for LEX
Current share price for LEX : $0.110 -0.145 (-56.86%)+
Announcement
Release
27 Feb 2026 8:06AM
Price at Release
$0.255
Full Release
Summary
Lefroy Exploration Limited (ASX: LEX) announced the appointment of Mr. Graeme Gribbin as the Managing Director of the company, effective immediately. Mr. Gribbin, who has over 25 years of experience in geology and management, has been instrumental in several key developments for the company, including acquiring significant gold deposits and executing profit-sharing agreements that boosted the company's production and financials. His salary is set at $300,000 per annum, excluding statutory superannuation contributions. The company's chairman, David Kelly, expressed confidence in Gribbin's leadership, highlighting his contributions to their financial success and cost management strategies. The board expects 2026 to be a pivotal year under his leadership.
Key Points
- Appointment of Graeme Gribbin as Managing Director
- Graeme Gribbin's role in key developments for Lefroy Exploration
- Appointment effective immediately as of 27 February 2026
- Graeme's background in geology and management
- Salary set at $300,000 per annum plus superannuation
- Confidence expressed by Chairman David Kelly
- Expectation of pivotal year for Lefroy in 2026
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.
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