Petrolympic Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Mendel Ekstein

Chief executive officer

CA$129.4k

Total compensation

CEO salary percentage	78.5%
CEO tenure	16.3yrs
CEO ownership	20.0%
Management average tenure	no data
Board average tenure	16.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mendel Ekstein's remuneration changed compared to Petrolympic's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2023	n/a	n/a	-CA$1m
Jun 30 2023	n/a	n/a	-CA$842k
Mar 31 2023	n/a	n/a	-CA$991k
Dec 31 2022	CA$129k	CA$102k	-CA$980k
Sep 30 2022	n/a	n/a	-CA$971k
Jun 30 2022	n/a	n/a	-CA$770k
Mar 31 2022	n/a	n/a	-CA$710k
Dec 31 2021	CA$88k	CA$88k	-CA$697k
Sep 30 2021	n/a	n/a	-CA$660k
Jun 30 2021	n/a	n/a	-CA$577k
Mar 31 2021	n/a	n/a	-CA$393k
Dec 31 2020	CA$85k	CA$73k	-CA$309k
Sep 30 2020	n/a	n/a	-CA$269k
Jun 30 2020	n/a	n/a	-CA$316k
Mar 31 2020	n/a	n/a	-CA$393k
Dec 31 2019	CA$73k	CA$73k	-CA$502k
Sep 30 2019	n/a	n/a	-CA$640k
Jun 30 2019	n/a	n/a	-CA$810k
Mar 31 2019	n/a	n/a	-CA$1m
Dec 31 2018	CA$243k	CA$180k	-CA$995k
Sep 30 2018	n/a	n/a	-CA$898k
Jun 30 2018	n/a	n/a	-CA$699k
Mar 31 2018	n/a	n/a	-CA$490k
Dec 31 2017	CA$93k	CA$77k	-CA$507k

Compensation vs Market: Mendel's total compensation ($USD94.53K) is below average for companies of similar size in the Canadian market ($USD174.90K).

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

CEO

Mendel Ekstein (75 yo)

16.3yrs

Tenure

CA$129,432

Compensation

Mr. Mendel Israel Ekstein serves as the Chief Executive Officer and President of Petrolympic Ltd. (" Petrolympic"). Mr. Ekstein serves as Director of Petrolympic since December 21,2007.Mr. Ekstein served...

Board Members

Name	Position	Tenure	Compensation	Ownership
Mendel Ekstein	President	16.3yrs	CA$129.43k	20% CA$ 2.1m
Alain Joseph Fleury	COO & Independent Director	16.3yrs	CA$8.35k	0.011% CA$ 1.2k
Andreas Jacob	VP & Director	16.3yrs	CA$125.84k	10.02% CA$ 1.1m
Rodger Creamer	Independent Director	12.4yrs	CA$20.87k	no data
Miles Pittman	Independent Director	16.3yrs	CA$8.35k	no data

16.3yrs

Average Tenure

Experienced Board: PCQ's board of directors are seasoned and experienced ( 16.3 years average tenure).

Petrolympic Management

Management criteria checks 2/4

Key information

Recent management updates

Petrolympic Ltd., Annual General Meeting, Dec 28, 2023

Insufficient new directors

Insufficient new directors

Insufficient new directors

Less than half of directors are independent

Petrolympic Ltd., Annual General Meeting, Dec 21, 2022

Recent updates

Petrolympic Ltd. announced that it has received CAD 0.4 million in funding

Petrolympic Ltd. Welcomes the Québec Superior Court's Decision to Suspend Provisions of Bill 21

New major risk - Financial position

Petrolympic Ltd. announced that it has received CAD 0.2 million in funding

Petrolympic Ltd. Drills 2.14 G/T Au over 9.1M, Including 6.25 G/T Au over 3M on the Vauquelin Gold and Base Metals Property in Val-D'or, Québec

Petrolympic Ltd., Annual General Meeting, Dec 28, 2023

Petrolympic Ltd. Announces Exploration Results on Rayon D'Or and Vauquelin Gold and Base Metals Property in Val- d'Or, Quebec

Insufficient new directors

Insufficient new directors

Petrolympic Ltd. (TSXV:PCQ) acquired 52 mining claims covering about 6,981 acres adjacent to the eastern edge of the Moblan Deposit from Sayona Mining Limited (ASX:SYA).

Insufficient new directors

Petrolympic Ltd. announced that it has received CAD 0.646998 million in funding

Less than half of directors are independent

Petrolympic Ltd., Annual General Meeting, Dec 21, 2022

Less than half of directors are independent

Petrolympic Ltd. Announces Favourable Geological Context for Lithium-Rich Spodumene Crystals in the Decelles Reservoir Area, Abitibi, Québec

Petrolympic Ltd. (TSXV:PCQ) acquired Basserode Lithium and Fournière Lithium properties in Quebec.

Petrolympic Ltd. announced that it has received CAD 0.186 million in funding

Petrolympic Ltd. Announces Recent Assay Results Following the Drilling of 7 Diamonds Drill Holes Totaling 1,092 Meters on the Southern Block of the Belcourt Property in Abitibi, Quebec

Less than half of directors are independent

Petrolympic Completes a High-Resolution Heliborne Magnetic Survey on the Vauquelin Rayon-D'or Gold and Base Metals Property in Val-D'or, Quebec

Petrolympic Ltd. (TSXV:PCQ) completed the acquisition of three additional mining claims in Ontario from Steven Dean Anderson.

Petrolympic Ltd. (TSXV:PCQ) entered into an agreement to acquire Belcourt Gold Property, Near Val dOr, Quebec.

Petrolympic Ltd. (TSXV:PCQ) entered into an agreement to acquire Rayon d’Or Gold Property, Near Val d’Or, Quebec for CAD 0.13 million.

Petrolympic Ltd. announced that it has received CAD 0.1 million in funding

Petrolympic Ltd., Annual General Meeting, Dec 31, 2020

Petrolympic Ltd. (TSXV:PCQ) entered into an agreement to acquire Evangelic Lake Gold Property in Ontario for CAD 0.06 million.

Petrolympic Ltd. (TSXV:PCQ) entered into an agreement to acquire Gold property located in the east of the Val d´Or mining camp, Province of Quebec from Mike Lavoie and Ass. for CAD 0.05 million.

CEO Compensation Analysis

CEO

Tenure

Compensation

Board Members

Average Tenure