FE Battery Metals Management

Management criteria checks 2/4

FE Battery Metals' CEO is Gurm Sangha, appointed in Mar 2018, has a tenure of 6.17 years. total yearly compensation is CA$800.00K, comprised of 25% salary and 75% bonuses, including company stock and options. directly owns 2.46% of the company’s shares, worth CA$219.77K. The average tenure of the management team and the board of directors is 6.3 years and 4.6 years respectively.

Key information

Gurm Sangha

Chief executive officer

CA$800.0k

Total compensation

CEO salary percentage	25.0%
CEO tenure	6.2yrs
CEO ownership	2.5%
Management average tenure	6.3yrs
Board average tenure	4.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Gurm Sangha's remuneration changed compared to FE Battery Metals's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-CA$9m
Sep 30 2023	n/a	n/a	-CA$8m
Jun 30 2023	n/a	n/a	-CA$7m
Mar 31 2023	CA$800k	CA$200k	-CA$6m
Dec 31 2022	n/a	n/a	-CA$3m
Sep 30 2022	n/a	n/a	-CA$3m
Jun 30 2022	n/a	n/a	-CA$3m
Mar 31 2022	CA$188k	CA$188k	-CA$5m
Dec 31 2021	n/a	n/a	-CA$5m
Sep 30 2021	n/a	n/a	-CA$5m
Jun 30 2021	n/a	n/a	-CA$4m
Mar 31 2021	CA$147k	CA$147k	-CA$2m
Dec 31 2020	n/a	n/a	-CA$1m
Sep 30 2020	n/a	n/a	-CA$790k
Jun 30 2020	n/a	n/a	-CA$490k
Mar 31 2020	CA$69k	CA$69k	-CA$448k
Dec 31 2019	n/a	n/a	-CA$441k
Sep 30 2019	n/a	n/a	-CA$488k
Jun 30 2019	n/a	n/a	-CA$544k
Mar 31 2019	CA$39k	CA$39k	-CA$673k
Dec 31 2018	n/a	n/a	-CA$1m
Sep 30 2018	n/a	n/a	-CA$1m
Jun 30 2018	n/a	n/a	-CA$1m
Mar 31 2018	CA$1m	CA$18k	-CA$862k

Compensation vs Market: Gurm's total compensation ($USD581.45K) is above average for companies of similar size in the Canadian market ($USD174.31K).

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

CEO

Gurm Sangha (44 yo)

6.2yrs

Tenure

CA$800,000

Compensation

Mr. Gurminder Sangha, also known as Gurm, B.Comm, has been Chief Executive Officer and Director of Targeted Microwave Solutions Inc. since November 02, 2018. He served as a Director of INEO Tech Corp. sinc...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Gurminder Sangha	President	6.2yrs	CA$800.00k	2.46% CA$ 219.8k
Jurgen Wolf	CFO, Corporate Secretary & Director	6.3yrs	CA$10.00k	0.38% CA$ 34.0k
Alexander Pleson	Consultant	no data	no data	no data
Ronald Lang	Advisor	no data	no data	no data

6.3yrs

Average Tenure

62yo

Average Age

Experienced Management: FE's management team is seasoned and experienced (6.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Gurminder Sangha	President	6.4yrs	CA$800.00k	2.46% CA$ 219.8k
Jurgen Wolf	CFO, Corporate Secretary & Director	6.3yrs	CA$10.00k	0.38% CA$ 34.0k
Craig Alford	Independent Director	4.6yrs	CA$15.10k	0.14% CA$ 12.8k
Jodie Gibson	Independent Director	3.2yrs	no data	0% CA$ 0
Jason Grewal	Independent Director	4.6yrs	no data	0.11% CA$ 9.8k
Lee Beasley	Member of Advisory Board	3.2yrs	no data	no data

4.6yrs

Average Tenure

60yo

Average Age

Experienced Board: FE's board of directors are considered experienced (4.6 years average tenure).

FE Battery Metals Management

Management criteria checks 2/4

Key information

Recent management updates

Insufficient new directors

FE Battery Metals Corp., Annual General Meeting, Dec 11, 2023

FE Battery Metals Corp., Annual General Meeting, Apr 03, 2023

First Energy Metals Limited, Annual General Meeting, Mar 22, 2022

Recent updates

FE Battery Metals Corp. Announces Results of Drill Holes LC23-88 from 2023 Exploratory Drill Program at Its Augustus Lithium Property in Quebec, Canada

FE Battery Metals Corp. Provides Update on 2023 Exploration Work on Quebec Lithium Projects and Announces Private Placement

FE Battery Metals Corp. announced that it expects to receive CAD 1 million in funding

Insufficient new directors

New major risk - Financial position

FE Battery Metals Corp. Completes Soil Geochemical Survey and Identifies New Target Areas At the Augustus Property in Quebec

New major risk - Market cap size

FE Battery Metals Corp. Announce the Successful Completion of Its Comprehensive Exploration Program in the James Bay Area

FE Battery Metals Corp. announced that it expects to receive CAD 1.7 million in funding

FE Battery Metals Corp. Expands Quebec Lithium Base with New Lithium Project in James Bay Area, Quebec

FE Battery Metals Corp., Annual General Meeting, Dec 11, 2023

FE Battery Metals Corp. Intersects Up to 1.43% Lithium Oxide in the Basement Rocks At the Augustus Lithium Property

Fe Battery Metals Intersects Multiple Lithium Pegmatite Zones in Most Recent Drilling At the Augustus Lithium Property

Fe Battery Metals Corp. Cuts 1.15 % Lithium Oxide over 14.7 Meters in Channel Sampling from Augustus Property

Fe Battery Metals Ltd. Samples Up to 2.58% Lithium Oxide on New Lithium Pegmatite Zone Near the North American Lithium Mine

FE Battery Metals Corp. announced delayed 20-F filing

Fe Battery Metals Corp. Completes New Magnetic Survey At August

FE Battery Metals Corp. announced that it has received CAD 1.214615 million in funding

FE Battery Metals Corp. announced that it expects to receive CAD 1.25 million in funding

FE Battery Metals Ltd. Announces Results of Drill Holes LC23-60 and LC23-61 from the 2023 Exploratory Drill Program At Its Augustus Lithium Property in Quebec, Canada

FE Battery Metals Corp. Provides Exploration Update

FE Battery Metals Corp., Annual General Meeting, Apr 03, 2023

FE Battery Metals Corp. announced that it has received CAD 2.225475 million in funding

Fe Battery Metals Corp. Drills 1.49 % Lithium Oxide over 4.95 Meters At Augustus Lithium Property

FE Battery Metals Corp. Provides Update on Phase 2 Exploration Program

FE Battery Metals Corp. Drills 1.54% Lithium Oxide over 7.3 Meters At Augustus Lithium Property

FE Battery Metals Corp. announced that it has received CAD 1.5 million in funding

First Energy Metals Limited announced that it expects to receive CAD 1.5 million in funding

First Energy Metals Limited Drills 1.03% Lithium Oxide over 5 Meters at Augustus Lithium Property

First Energy Identifies Additional Targets from Airborne Magnetic Survey

First Energy Identifies More Lithium Exploration Targets from Surface Sampling Program in Quebec

First Energy Metals Limited announced delayed 20-F filing

First Energy Metals Ltd. Conducts High-Resolution Magnetic Survey and Closes Private Placement

First Energy Metals Limited announced that it has received CAD 1.3949 million in funding

First Energy Metallurgical Head Sample Assays 1.46% Lithium Oxide for Augustus Lithium Property Testwork

First Energy Metals Limited, Annual General Meeting, Mar 22, 2022

First Energy Metals Ltd Commences Metallurigical Testwork for Augustus Lithium Property

First Energy Metals Ltd. Drills 1.26% Lithium Oxide over 2.7 Meters in Drill Hole LC-21-19 at Augustus Lithium Property

First Energy Metals Limited Announces Results of Drill Hole Lc21-17 at its Augustus Lithium Property in Quebec, Canada

First Energy Metals Ltd. announces results of drill hole LC21-18

First Energy Metals Limited Provides Update on Phase 2 Drill Program At Augustus Lithium Property

First Energy Metals Drills 1.12% Lithium Oxide over 7 Meters in Drill Hole LC-21-09 At Augustus Lithium Property

First Energy Metals Limited announced that it has received CAD 2.2 million in funding

First Energy Metals Ltd. Successfully Completes 5847 Metres Phase 1 Drill Program at Augustus Lithium Property

First Energy Metals Ltd. Metals Drills 1.47% Lithium Oxide over 4 Meters At Augustus Lithium Property

First Energy Metals Drills 1.27% Lithium Oxide over 4 Meters At Augustus Lithium Property

First Energy Metals Drills 1.22% Lithium Oxide over 10.5 Meters At Augustus Lithium Property

First Energy Metals Drills 1.35% Lithium Oxide Over 2 Meters at Augustus Lithium Property

First Energy Metals Ltd. Announces Assay More Results from the Channel Sampling Program At Its Augustus Lithium Property in Quebec, Canada

First Energy Metals Ltd. (CSE: FE) entered into a property purchase agreement to acquire McNeely Lithium Property located in LaCorne, Landrienne and Figuery Townships, Province of Quebec, Canada from Globex Mining Enterprises Inc and others.

First Energy Metals Limited announced that it expects to receive CAD 1 million in funding

First Energy Metals Limited Drills 1.17% Lithium Oxide over 19 Meters At Augustus Lithium Property

First Energy Metals Ltd. Announces Results of Drill Hole LC21-12 at its Augustus Lithium Property in Quebec, Canada

First Energy Metals Ltd. Announces Results of A Drill Hole At Its Augustus Lithium Property in Quebec, Canada

First Energy Metals Cuts 1.20% Lithium Oxide over 4 Meters in Channel Samples from Augustus Lithium Property

First Energy Metals Ltd. Announces Assay More Results from the Channel Sampling Program at its Augustus Lithium Property in Quebec, Canada

First Energy Metals Cuts 1.61 Percent Lithium Oxide Over 14 Meters in Channel Samples From Augustus Lithium Property

First Energy Metals Assayed 2.80% Lithium Oxide in Samples from Augustus Lithium Property

First Energy Metals Limited (CNSX:FE) agreed to acquire Additional Mining Claims in Landrienne & Lacorne-Townships, Quebec, Canada for CAD 2.6 million.

New 90-day high: CA$0.57

First Energy Metals Limited announced that it has received CAD 1.55 million in funding

First Energy Metals Limited announced that it expects to receive CAD 1.5 million in funding

New 90-day high: CA$0.24

First Energy Metals to Start Exploration Work at Augustus Lithium Property in Quebec, Canada

New 90-day high: CA$0.21

First Energy Metals Ltd. Completes Airborne Geophysical Survey on Scramble Mine Gold Property in Northwestern Ontario, Canada

First Energy Metals Ltd. Plans to Collect Bulk Sample from Its Scramble Mine Gold Property Located in Northwestern Ontario, Canada

First Energy Metals Select Grab Samples Assayed 4.42% Zinc and 0.237% Cobalt, and 0.076% Tungsten at Kokanee Creek Property

New 90-day high - CA$0.23

First Energy Metals Limited (CNSX:FE) entered into a letter agreement to acquire 1260945 B.C. Ltd. for CAD 7.3 million.

First Energy Metals Limited (CNSX:FE) entered into an agreement to acquire Bald Eagle Silver Exploration Property from Geomap Exploration Inc.