PTX Metals Management

Management criteria checks 1/4

PTX Metals' CEO is Greg Ferron, appointed in Nov 2021, has a tenure of 4.17 years. directly owns 2.35% of the company’s shares, worth CA$261.02K. The average tenure of the management team and the board of directors is 2.7 years and 0.8 years respectively.

Key information

Greg Ferron

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	3yrs
CEO ownership	2.4%
Management average tenure	2.7yrs
Board average tenure	less than a year

Recent management updates

Recent updates

CEO Compensation Analysis

How has Greg Ferron's remuneration changed compared to PTX Metals's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	-CA$2m
Mar 31 2024	n/a	n/a	-CA$2m
Dec 31 2023	n/a	n/a	-CA$2m
Sep 30 2023	n/a	n/a	-CA$2m
Jun 30 2023	n/a	n/a	-CA$2m
Mar 31 2023	n/a	n/a	-CA$2m
Dec 31 2022	CA$198k	CA$187k	-CA$1m
Sep 30 2022	n/a	n/a	-CA$1m
Jun 30 2022	n/a	n/a	-CA$1m
Mar 31 2022	n/a	n/a	-CA$1m
Dec 31 2021	CA$140k	CA$13k	-CA$1m
Sep 30 2021	n/a	n/a	-CA$927k
Jun 30 2021	n/a	n/a	-CA$1m
Mar 31 2021	n/a	n/a	-CA$1m
Dec 31 2020	CA$23k	n/a	-CA$772k

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

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

CEO

Greg Ferron

3yrs

Tenure

CA$198,250

Compensation

Mr. Greg Ferron, B.Com., served as an Independent Director at Fancamp Exploration Ltd. since September 22, 2021 until May 14, 2024. He serves as VP Business Development at Omai Gold Mines Corp. He serves a...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Greg Ferron	CEO, President	3yrs	CA$198.25k	2.35% CA$ 261.0k
James Trusler	Founder	no data	CA$83.25k	2.3% CA$ 255.5k
Graham Warren	CFO & Company Secretary	4.3yrs	CA$99.13k	0.11% CA$ 12.0k
Robin Webster	Director of Operations & Community Engagement	2.3yrs	no data	no data
Ryan Weston	Head of W2 Technical Committee	less than a year	no data	no data

2.7yrs

Average Tenure

Experienced Management: PTX's management team is considered experienced (2.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Greg Ferron	CEO, President	4.2yrs	CA$198.25k	2.35% CA$ 261.0k
James Trusler	Founder	26.3yrs	CA$83.25k	2.3% CA$ 255.5k
Charles Tarnocai	Advisor	less than a year	no data	no data
Ikramuddin Osmani	Member of W2 Advisory Board	2.3yrs	no data	no data
James Mungall	Member of W2 Advisory Board	less than a year	no data	no data
George Wesley Roberts	Technical Advisor	less than a year	no data	no data
Sam Kiri	Independent Director	2.7yrs	CA$43.13k	no data
Rajesh Sharma	Independent Director	less than a year	no data	no data
Frederico Marques	Director	less than a year	no data	1.36% CA$ 150.9k
Christophe Vereecke	Independent Chairman	3.8yrs	CA$11.25k	no data
Jean-David Moore	Director	less than a year	no data	4.6% CA$ 511.4k
Erika Dohring	Advisor	less than a year	no data	no data

0.8yrs

Average Tenure

Experienced Board: PTX's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.

PTX Metals Management

Management criteria checks 1/4

Key information

Recent management updates

PTX Metals Inc. Announces Board Changes

PTX Metals Inc. Announces Board Changes

High number of new directors

PTX Metals Inc. Appoints Jean David Moore to the Board and Felix Lee as Lead Director

Platinex Inc. Appoints Rajesh Sharma to the Board of Directors

Platinex Inc., Annual General Meeting, Jan 16, 2024

Recent updates

PTX Metals Inc. announced that it expects to receive CAD 2.248 million in funding

PTX Metals Inc. Receives Non-Dilutive Grant Funding from the Government of Ontario 's Ontario Junior Exploration Program for Its 100% Owned W2 Cu Ni PGE Au Project

PTX Metals Inc. Receives Non-Dilutive Grant Funding from the Government of Ontario 's Ontario Junior Exploration Program for Its 100% Owned W2 Cu Ni PGE Au Project

New major risk - Financial data availability

PTX Metals Inc. Announces Board Changes

Ptx Metals Inc. Provides the Results of A Technical Report Relating the Exploration Target Model Establishing the Exploration Target Model Estimate for the 100% Owned W2 Cu-Ni-Pge Project in Ontario

New major risk - Financial position

PTX Metals Inc. Announces Board Changes

PTX Metals Inc. Announces Additional Wide Zones of Near Surface Copper Nickel Pge Mineralization At W2 Project

PTX Metals Inc. Announces Successful Near Surface Drill Results from W2 Cu-Ni-PGE Project Which Significantly Expanded the Mineralized Trend Outside the W2 Deposit

PTX Metals Inc. Provides an Update on Recent Corporate and Project Activities Related to W2 Cu Ni Pge Project Located in the Ring of Fire Region of Northwestern Ontario, and the South Timmins Joint Venture Gold Projects

High number of new directors

PTX Metals Inc. announced that it has received CAD 0.86 million in funding

PTX Metals Inc. Commences Spring 2024 Exploration Programs At South Timmins Gold Projects

PTX Metals Inc. announced that it expects to receive CAD 1.05 million in funding

PTX Metals Inc. Announces Update on W2 Copper-Nickel-Pge Project and Drill Program in Northwestern Ontario

New major risk - Share price stability

PTX Metals Inc. Appoints Jean David Moore to the Board and Felix Lee as Lead Director

Platinex Inc. Announces Results from the First Phase of Diamond Drilling on the Heenan Property

Platinex Inc. Confirms Tantalum Discovery At Muskrat Dam Critical Minerals Project, NW Ontario

Platinex Inc. Appoints Rajesh Sharma to the Board of Directors

Platinex Consolidates W2 Copper-Nickel-PGE Project Acquiring Historical Resource

Platinex Inc. announced that it has received CAD 1.972 million in funding

Platinex Inc. Completes Geological Compilation and 3D Modelling Program on W2 Copper-Nickel-PGE Project in Northern Ontario

Platinex Inc. announced that it expects to receive CAD 1 million in funding

Platinex Inc. announced that it expects to receive CAD 1 million in funding

Platinex Inc. Makes New Gold Discovery at Heenan Property in the Swayze Area of the Abitibi Greenstone Belt

Platinex Inc., Annual General Meeting, Jan 16, 2024

Platinex Inc. Provides an Update on Exploration Activities at the Mallard Gold and Heenan Gold Projects Located in Northeastern Ontario

Platinex Inc. announced that it has received CAD 0.5 million in funding

Platinex Inc. Provides Update on Projects Including Completion of Exploration at Muskrat Dam Critical Minerals Project

Platinex Inc. Launches Exploration Programs for the South Timmins Mining Joint Venture

New major risk - Share price stability

Platinex Receives Exploration Permits for W2 Copper-Nickel-PGE Project

Platinex Inc Provides Update on its Shining Tree Gold Property in the Timmins, Ontario Mining Camp

Platinex Inc. announced that it expects to receive CAD 2.5 million in funding from Fancamp Exploration Ltd. and other investors

Platinex Inc. Announces Additional Information Muskrat Dam Critical Minerals Project

Platinex Provides Update on Exploration Activities At Its Shining Tree Gold Project

High number of new and inexperienced directors

Platinex Inc. Commences Exploration At Shining Tree Gold Project

Platinex Inc. Forms A W2 Advisory Board

Platinex Inc., Annual General Meeting, Jul 13, 2022

Platinex Inc. announced that it has received CAD 1.929 million in funding

Less than half of directors are independent

Platinex Inc. Announces Acquisition of Mining Claims At Shining Tree Gold Project

Platinex Inc. Announces Further Results from Its Gold in Till Exploration on Its Shining Tree Property Including Geochemical Analyses for Gold and a Multi-Element Package

Platinex Inc. (CNSX:PTX) acquired additional mining claims in Shining Tree from Trillium Mining Corp. for CAD 0.2 million.

Independent Director has left the company

Platinex Inc. Commences Drilling Program and Other Exploration Activities on the Shining Tree Gold Project, Ontario

Platinex Identifies First High Gold-In-Till Results at Ridout-Tyrell Deformation Zone in Shining Tree

Platinex Inc. Appoints Christophe Vereecke as New Director

Platinex Updates 2021 Exploration Program and Reports Positive Sampling at Shining Tree Property

Platinex Extends Shear Zones with Discovery of New Zone on Shining Tree Property

Platinex Inc. announced that it expects to receive CAD 0.5 million in funding

Platinex Announces Gold in Till with 207 Grains of Gold

Platinex Extends Shear Zones With Discovery of New Zone on Shining Tree Property

Platinex Inc. Provides Update on Exploration of Shining Tree Property

Platinex Inc. Announces the Appointment of Two Advisors to Finance Committee

Platinex Inc. Provides Update on Exploration of Caswell Prospect at Shining Tree Property

Platinex Inc. announced that it has received CAD 0.96054 million in funding from Palisades Goldcorp Ltd.

Platinex Inc. announced that it expects to receive CAD 1 million in funding from Palisades Goldcorp Ltd. and other investors

Platinex Inc. (CNSX:PTX) completed the acquisition of Shining Tree Fawcett East property from Goldeye Explorations Limited.

Platinex Inc. announced that it has received CAD 0.3553 million in funding

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure