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2026-11-06

← IG6 management

Full background report

Andrew Worland

Managing Director and Chief Executive Officer

Career chronology

  • Current at evidence cutoff: International Graphite Limited — Managing Director and Chief Executive Officer. Our Board (International Graphite issuer board profile for current role and biographies.)

  • Confirmed in October 2022 issuer AGM notice; exact end date not independently verified: LeadFX Inc — President, CEO and corporate secretary. 2022 AGM notice (p.12)

  • 2020 to 13 December 2022: Besra Gold Inc — Director and chair. Director resignation (Director resignation announcement)

Education and qualifications

Finance and marketing degree reported

As disclosed October 2022 · issuer reported · low materiality

The 2022 issuer AGM notice states that Worland holds a Bachelor of Commerce from the University of Western Australia with majors in finance and marketing, and is a qualified chartered company secretary.

Attribution: Responsibility not applicable. Issuer disclosure rather than independently verified credentials.

Relevance: Reported finance qualifications are relevant to capital and governance oversight.

2022 AGM notice (p.12)

Personal achievements

Relevant professional background and qualifications

Previous career / current appointment; exact periods only where stated · issuer reported · medium materiality

Mining executive and ASX/TSX director with two decades in finance, corporate, project management and marketing roles in Western Australian mining; issuer board profile.

Attribution: Individual involvement documented. This is an issuer-published career summary; it is not independent verification of every claimed contribution.

Relevance: The disclosed roles and qualifications bear on the executive’s managing director and chief executive officer responsibilities.

Our Board (Andrew Worland section)

Contributions and company outcomes

Collie construction advanced but plant not yet operating

September–October 2026 · issuer reported · medium materiality

The 23 October 2026 quarterly says building works were progressing, and a binding post-quarter feedstock supply agreement was signed. Production had not yet been reported.

Attribution: Role overlaps event; causation unproven. Worland was managing director; the announcement does not quantify his individual contribution.

Relevance: Documents actual stage of delivery without treating target output as achieved.

September 2026 quarterly activities and cash flow (pp.1,3–4)

Business failures and setbacks

Lead mine remained on care and maintenance

2015–2018 · documented · medium materiality

Paroo Station had been closed since 2015. In 2018 LeadFX CEO Worland discussed financing a proposed processing facility after the Western Australian EPA backed expansion; the mine had not restarted at that point.

Attribution: Role overlaps event; causation unproven. Closure began before his reported 2017 appointment; the sources do not establish personal causation. The project remained under development during his tenure.

Relevance: Prior project execution and funding experience are relevant to leading an emerging processor.

EPA backs Wiluna lead mine revival (LeadFX CEO and mine closure paragraphs); 2022 AGM notice (p.12)

Later administration at Paroo Station operator

December 2024–January 2025 · documented · medium materiality

A notice reproduced in January 2025 reports that administrators were appointed to Rosslyn Hill Mining, the Paroo Station operator, in December 2024. IG6 previously identified Worland as LeadFX chief executive and LeadFX as the owner of the mine; his role at the date of the administration is not established.

Attribution: Employer context; no individual link established. The notice does not name Worland, and his LeadFX departure date and personal involvement are unverified. No causal or misconduct inference is made.

Relevance: Later outcome for a prior employer-related project, with material chronology limits.

Rosslyn Hill Mining: notice of second creditors meeting (Notice of second creditors meeting, company details); 2022 AGM notice (p.12 LeadFX CEO and Paroo ownership)

Suitability for the current role

Current role relevance is supported at title level

At evidence cutoff · analyst inference · medium materiality

Analyst inference: the disclosed current title indicates experience relevant to the assigned function. The record reviewed does not establish individual delivery outcomes or independently verify credentials beyond the cited issuer disclosure.

Attribution: Responsibility not applicable. This is an analytical role-fit judgment, not a claim of proven performance.

Relevance: Current role scope is directly relevant to team composition; evidence of delivery remains limited.

Our Board (International Graphite issuer board profile for current role and biographies.)

Evidence gaps

  • Independent verification of the complete career chronology, education and professional memberships is not established by the sources reviewed.

  • No comprehensive regulator, court, safety, environment or litigation-record review was completed; absence of a finding here is not a clearance.

  • Individual contribution to employer outcomes and concurrent board interests require additional source-level verification.

  • LeadFX exit date and later Paroo administration or restructuring records were not independently verified.

  • Historical 9 October search-log entries are inherited and their execution and exact scope could not be independently reconstructed in the 31 October audit. Broad keyword searches do not establish complete person-specific regulatory, court, safety or environmental coverage.