OM1 0.00% 7.8¢ omnia metals group ltd

Ann: Field Work Commences - Lac des Montagnes Lithium Project, page-108

  1. 4,350 Posts.
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    Well, that's odd. I see that Pure Resources (ASX: "PR1") put out an announcement on 30 May that they had a technical team up on their prospective Quebec lithium block, including one of their non-executive directors, James Warren. Say, what?! Same name as Omnia's executive director. So I checked the bios on the PR1 website but no mention that their James Warren is the executive director of Omnia, but there is a pic of another open-shirted ginger. Hmmm. So I checked on Omnia's bios for their top team. And there he is! but no mention on the Omnia website that our executive director is also a non-executive director at Pure Resources, and also nothing on his LinkedIn page either. And guess what? On 29 May Omnia put out an announcement that James Warren had travelled to Quebec on Omnia business. Killing two birds with one stone, it seems.

    So a couple of questions: Why has Mr Warren not disclosed to the market that he is the ED of Omnia and also a NED of Pure? And, who is paying for Mr Warren's time and cost for his trip to Quebec? It is not as if Pure's project is over the back fence from Omnia's project so even after getting to Quebec there would be a fair amount of logistics for Mr Warren to travel to and spend some days on-site at both projects. What JW has done makes sense but I think he could have been more upfront about it. That he has failed to disclose that he is on the board of two ASX companies hoping to kick rocks in Quebec is more the issue I suspect.
    Last edited by triage: 11/06/23
 
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