Morella Corporation Limited (1MC.AX)

0.0030 0.0000 (0.00%) At close: 03:38PM AEST

Morella Corporation Limited

680 Murray Street
Suite 5
West Perth, WA 6005
Australia
61 8 9488 5100
https://www.morellacorp.com

Sector(s): Basic Materials
Industry: Other Industrial Metals & Mining
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Mr. James Stuart Brown	MD & Executive Director	666.81k	N/A	1964
Mr. John Lewis	Company Secretary	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in AUD.

Description

Morella Corporation Limited, an exploration and resource development company, focuses on the exploration and development of lithium and battery minerals in Australia and the United States. It operates through Exploration Services and Mineral Exploration segments. The company holds a 51% interest in the Mallina Lithium Project located within the northern Pilbara, Western Australia; and a 60% interest and right to acquire a 100% interest in the Fish Lake Valley Lithium Project located in Esmeralda County, west-central Nevada, the United States. It also provides drilling services primarily to mining and exploration companies. The company was formerly known as Altura Mining Limited and changed its name to Morella Corporation Limited in December 2021. The company was incorporated in 2000 and is based in West Perth, Australia.

Corporate governance

Morella Corporation Limited’s ISS governance QualityScore as of 1 April 2024 is 10. The pillar scores are Audit: 10; Board: 10; Shareholder rights: 1; Compensation: 8.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.