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2026-11-06

← DYL management

Full background report

Craig Barnes

Chief Financial Officer (interim CEO to February 2026)

Career chronology

Business failures and setbacks

Abra subsidiary administration during prior CFO tenure

2024 · documented · high materiality

Galena announced the appointment of voluntary administrators to its 60%-owned Abra Mining subsidiary on 4 April 2024, citing mine ramp-up and rain-related logistics issues. Deep Yellow identified Barnes as Galena’s former CFO before his August 2024 appointment. The later administrators’ report lists a Craig Barnes among former directors of Abra with a 31 July 2024 cessation date; its stated appointment year appears anomalous and is not relied on.

Attribution: Role overlaps event; causation unproven. The sources establish an overlap with a senior finance role; they do not establish personal causation or misconduct.

Relevance: The financing and operating setback is relevant to a development-stage CFO’s historical context.

Appointment of voluntary administrators (administrators appointment); Deep Yellow appoints Craig Barnes as CFO (prior employer and appointment); Abra Mining Pty Ltd administrators’ report (Table 6, p. 11)

Suitability for the current role

Issuer-listed role and experience

Appointment through 2026 · analyst inference · medium materiality

Deep Yellow identified Craig Barnes as Chief Financial Officer (interim CEO to February 2026). The appointment announcement provides career context.

Attribution: Responsibility not applicable. Role description and career claims are issuer-reported; individual outcomes are not independently established here.

Relevance: The stated experience and role bear on the company’s development-stage responsibilities.

Deep Yellow appoints Craig Barnes as CFO (appointment announcement); WNA Symposium investor presentation (presentation p. 5)

Evidence gaps

  • Dedicated person-specific searches for education, success, failure, fraud, safety, environment, legal and governance remain incomplete; a general search is not a clearance.

  • Independent verification of credentials and full career chronology remains incomplete.

  • The full prior administration record and any findings on individual responsibilities have not been independently reviewed.

  • The administrator table gives an apparently anomalous Abra director appointment year for Craig Barnes; this discrepancy has not been resolved.