Forum Energy Metals Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Rick Mazur

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	20yrs
CEO ownership	1.3%
Management average tenure	no data
Board average tenure	9.7yrs

Recent management updates

Recent updates

Here's Why We're A Bit Worried About Forum Energy Metals' (CVE:FMC) Cash Burn Situation

Aug 25

Will Forum Energy Metals (CVE:FMC) Spend Its Cash Wisely?

Apr 28

We're Hopeful That Forum Energy Metals (CVE:FMC) Will Use Its Cash Wisely

Oct 30

CEO Compensation Analysis

How has Rick Mazur's remuneration changed compared to Forum Energy Metals's earnings?
Date	Total Compensation	Salary	Company Earnings
Feb 29 2024	n/a	n/a	-CA$5m
Nov 30 2023	n/a	n/a	-CA$5m
Aug 31 2023	n/a	n/a	-CA$6m
May 31 2023	n/a	n/a	-CA$4m
Feb 28 2023	n/a	n/a	-CA$5m
Nov 30 2022	CA$204k	CA$204k	-CA$5m
Aug 31 2022	n/a	n/a	-CA$4m
May 31 2022	n/a	n/a	-CA$5m
Feb 28 2022	n/a	n/a	-CA$4m
Nov 30 2021	CA$164k	CA$164k	-CA$3m
Aug 31 2021	n/a	n/a	-CA$4m
May 31 2021	n/a	n/a	-CA$3m
Feb 28 2021	n/a	n/a	-CA$2m
Nov 30 2020	CA$64k	CA$64k	-CA$2m
Aug 31 2020	n/a	n/a	-CA$473k
May 31 2020	n/a	n/a	-CA$603k
Feb 29 2020	n/a	n/a	-CA$1m
Nov 30 2019	CA$135k	CA$135k	-CA$1m
Aug 31 2019	n/a	n/a	-CA$1m
May 31 2019	n/a	n/a	-CA$1m
Feb 28 2019	n/a	n/a	-CA$1m
Nov 30 2018	CA$127k	CA$127k	-CA$1m
Aug 31 2018	n/a	n/a	-CA$993k
May 31 2018	n/a	n/a	-CA$829k
Feb 28 2018	n/a	n/a	-CA$1m
Nov 30 2017	CA$134k	CA$134k	-CA$1m

Compensation vs Market: Insufficient data to establish whether Rick's total compensation is reasonable compared to companies of similar size in the Canadian market.

Compensation vs Earnings: Rick's compensation has increased whilst the company is unprofitable.

CEO

Rick Mazur (70 yo)

20yrs

Tenure

CA$204,000

Compensation

Mr. Richard J. Mazur, also known as Rick, P.Geo., M.B.A., serves as Independent Director of Big Ridge Gold Corp. (Formerly Alto Ventures Ltd.) since April 19, 2004 and served as its Chairman until June 202...

Board Members

Name	Position	Tenure	Compensation	Ownership
Richard Mazur	President	20yrs	CA$204.00k	1.27% CA$ 491.0k
Michael Steeves	Independent Director	16.8yrs	no data	0.21% CA$ 83.0k
Boen Tan	Member of Technical Advisory Board	18.9yrs	no data	no data
Anthony David Balme	Non-Executive Chairman	20.6yrs	CA$30.00k	0.48% CA$ 186.4k
Brian Christie	Director	less than a year	no data	0.042% CA$ 16.2k
Larry Hulbert	Member of Technical Advisory Board	4.8yrs	no data	no data
Larry Okada	Independent Director	14.6yrs	no data	0.098% CA$ 37.8k
Paul Dennison	Independent Director	4.4yrs	no data	1.27% CA$ 493.1k
Peter Wollenberg	Member of Technical Advisory Board	less than a year	no data	no data
Janet Meiklejohn	Independent Director	2.4yrs	no data	0.077% CA$ 29.7k
Ken Wheatley	Member of Technical Advisory Board	no data	no data	no data

9.7yrs

Average Tenure

73yo

Average Age

Experienced Board: FMC's board of directors are considered experienced (9.7 years average tenure).

Forum Energy Metals Management

Management criteria checks 1/4

Key information

Recent management updates

Non-Executive Chairman recently bought CA$4.0m worth of stock

Forum Energy Metals Corp. Appoints Brian Christie to the Board of Directors

Forum Energy Metals Corp., Annual General Meeting, Dec 14, 2023

Forum Energy Metals Corp. Appoints Rebecca Hunter Vice President, Exploration

Less than half of directors are independent

Forum Energy Metals Corp., Annual General Meeting, Dec 15, 2022

Recent updates

New major risk - Shareholder dilution

Non-Executive Chairman recently bought CA$4.0m worth of stock

Forum Energy Metals Corp. Appoints Brian Christie to the Board of Directors

New major risk - Shareholder dilution

Forum Energy Metals Corp. announced that it has received CAD 10.364014 million in funding

New major risk - Shareholder dilution

Forum Energy Metals Corp. announced that it expects to receive CAD 9 million in funding

Traction Uranium and Forum Energy Metals Identify New Conductive Trends from Airborne Geophysical Survey on the Grease River Project, Athabasca Basin

New major risk - Financial position

Forum Energy Metals Corp. Intersects 1.01% U3o8 over 6.2 Metres at Tatiggaq West Including 4.36% U3o8 over 1.3 Metres, Thelon Basin

Forum Energy Metals Corp., Annual General Meeting, Dec 14, 2023

New major risk - Share price stability

Forum Energy Metals Corp. Receives Geochemical Results from the Ned Anomaly

Forum Extends Uranium Mineralization for 200 Metres At Tatiggaq, Thelon Basin Project

New minor risk - Share price stability

Forum Energy Metals Corp. Commences Drilling on Its Thelon Basin Uranium Project

New major risk - Market cap size

Traction Uranium Corp. and Forum Energy Metals Corp. Complete Airborne Geophysical Survey on the Grease River Project, Athabasca Basin

Forum Energy Metals Corp. announced that it has received CAD 2.999923 million in funding

Forum Energy Metals Corp. announced that it expects to receive CAD 3 million in funding

Forum Energy Metals Corp. Resumes Drilling at its Wollaston Uranium Project

Forum Energy Metals Corp. announced that it has received CAD 2.166305 million in funding

Forum Energy Metals Corp. announced that it expects to receive CAD 1.7 million in funding

Forum Energy Metals Corp. Appoints Rebecca Hunter Vice President, Exploration

Forum Energy Metals Corp. Announces Drilling Commences At Forum's Wollaston Uranium Project

Less than half of directors are independent

Forum Energy Metals Corp. Commences Drilling Last Winter on Project in Identifying the Gizmo Zone

Forum Energy Metals Corp. Announces Results from Airborne Electromagnetic, Magnetic and Radiometric Survey on its 100% Owned Wollaston Uranium Project

Forum Energy Metals Corp., Annual General Meeting, Dec 15, 2022

Forum Energy Metals Corp. (TSXV:FMC) acquired Fisher Copper Claims, Saskatchewan from Big Ridge Gold Corp. (TSXV:BRAU) for CAD 0.01 million.

Forum Energy Metals Corp. Provides Nunavut Uranium Project Update

Here's Why We're A Bit Worried About Forum Energy Metals' (CVE:FMC) Cash Burn Situation

Forum Energy Metals Corp. Commences Airborne Geophysical Survey on the Wollaston Uranium Project

Forum Energy Metals Corp. Announces Geochemical Results from Its Winter Diamond Drill Program

Will Forum Energy Metals (CVE:FMC) Spend Its Cash Wisely?

Less than half of directors are independent

Forum Energy Metals Corp. Completes Drilling Eight Holes for 2,062 Metres on its 100% Owned Wollaston Uranium Project

Forum Energy Metals Corp. Drilling Intersects 13.5 Metres Grading 0.56% Copper, 0.06% Nickel, 5 Ppb Platinum and 14 Ppb Palladium At the Love Lake Nickelcopper - Palladium Project, Saskatchewan

Forum Energy Metals Corp. Commences Drilling at Wollaston Uranium Project, Athabasca Basin, Saskatchewan

Forum Energy Metals Corp. Receives Drill Permit At Wollaston Uranium Project, Athabasca Basin, Saskatchewan

Forum Energy Metals Corp. Receives Permit for Drilling at Highrock Uranium Project in the Athabasca Basin, Saskatchewan

Forum Energy Metals Corp. announced that it has received CAD 1.000012 million in funding

Forum Energy Metals Corp. announced that it expects to receive CAD 1.000012 million in funding

Less than half of directors are independent

Forum Energy Metals Corp. Announces Final Set of Assay Results from Rio Tinto Exploration Canada's Summer Drill Program

We're Hopeful That Forum Energy Metals (CVE:FMC) Will Use Its Cash Wisely

Forum Energy Metals Corp. Provides Drilling Update at the Love Lake NI

Forum Provides Update on Exploration Activities and Plans for First Quarter 2022

Forum Energy Metals Corp Commences Drilling At Love Lake Nickel/Copper/Palladium Project, Saskatchewan

Forum Energy Metals Corp. announced that it has received CAD 3.54857 million in funding

Forum Energy Metals Corp. announced that it expects to receive CAD 2.5 million in funding

Forum Energy Metals Corp. Announces Second Round of Drill Results from Rio Tinto Exploration Canada's Rafuse Drill Target on Forum's 100% Owned Janice Lake Copper/Silver Project in Saskatchewan

Forum Energy Metals Corp. Announces Geochemical Results Compiled over Three Drill Programs on the Fir Island Uranium Project in the Athabasca Basin, Saskatchewan

Forum Energy Metals Corp. Reports Geochemical Results Compiled over Three Drill Programs on the Fir Island Uranium Project in the Athabasca Basin, Saskatchewan

Forum Energy Metals Corp. Commences Electromagnetic Survey at its 100% Owned Love Lake Nickel-Copper-Palladium Project, Saskatchewan

Forum Energy Metals Corp. announced that it has received CAD 0.5 million in funding

Forum Energy Metals Corp. Announces Drills Start Turning on Forum's Fir Island Uranium Project

New 90-day high: CA$0.40

Forum Energy Metals Corp. announced that it expects to receive CAD 0.5 million in funding

New 90-day high: CA$0.30

Rio Tinto Mobilizes Drills to Forum's Janice Lake Copper/Silver Project, Saskatchewan

Forum Energy Metals Corp Announces Drill Mobilization Commences At Forum’S Fir Island Uranium Project

New 90-day high: CA$0.21

Forum Energy Metals Corp. and Orano Announce Budget for 6,000 Metre Drill Program At the Fir Island Uranium Project, Saskatchewan

Forum Energy Metals Corp. announced that it expects to receive CAD 1 million in funding

Forum Energy Metals Corp Announces Results from the Rotary Air Blast Drill Program

Forum Energy Metals Corp. announced that it expects to receive CAD 1 million in funding

Forum Energy Metals Corp Announces Geochemical Results of Outcrop Sampling on 100% Owned Love Lake Nickel-Copper-PGM Project

Forum Energy Metals Corp. Completes Summer Exploration Program At the Janice Lake Sedimentary Copper/Silver Project, Saskatchewan