Quebec Rare Earth Elements Management

Management criteria checks 0/4

Quebec Rare Earth Elements' CEO is Benoit Desormeaux, appointed in Jun 2023, has a tenure of 1.42 years. directly owns 13.41% of the company’s shares, worth CA$505.05K. The average tenure of the management team and the board of directors is 1.4 years and 1.4 years respectively.

Key information

Benoit Desormeaux

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	1.4yrs
CEO ownership	13.4%
Management average tenure	1.4yrs
Board average tenure	1.4yrs

Recent management updates

Recent updates

CEO

Benoit Desormeaux (54 yo)

1.4yrs

Tenure

Mr. Benoit Desormeaux, CPA, C.A. was Director of Monarch Gold Corporation until November 15, 2023. He is the Founder of Quebec Rare Earth Elements Corp. (formerly known as Metallica Metals Corp.) and has b...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
John Jentz	Founder & Independent Non-Executive Chairman	1.4yrs	no data	17.46% CA$ 657.9k
Benoit Desormeaux	Founder	1.4yrs	no data	13.41% CA$ 505.0k
Martin Milette	Founder	less than a year	no data	10.22% CA$ 385.1k
Richard Roy	Founder	no data	no data	13.41% CA$ 505.0k
Sylvain Duchesne	Founder & Vice President of Process & Engineering	no data	no data	7.3% CA$ 275.0k
Christopher Irwin	Corporate Secretary	2.8yrs	no data	no data

1.4yrs

Average Tenure

53yo

Average Age

Experienced Management: QREE's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
John Jentz	Founder & Independent Non-Executive Chairman	1.4yrs	no data	17.46% CA$ 657.9k
Benoit Desormeaux	Founder	no data	no data	13.41% CA$ 505.0k
Martin Milette	Founder	less than a year	no data	10.22% CA$ 385.1k
Richard Roy	Founder	less than a year	no data	13.41% CA$ 505.0k
Kelly Malcolm	Technical Advisor	3.7yrs	no data	no data
Carly Burk	Independent Director	1.8yrs	no data	no data

1.4yrs

Average Tenure

Experienced Board: QREE's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.

Quebec Rare Earth Elements Management

Management criteria checks 0/4

Key information

Recent management updates

High number of new and inexperienced directors

Independent Non-Executive Chairman recently bought CA$124k worth of stock

High number of new and inexperienced directors

Quebec Rare Earth Elements Corp. Announces Board Changes

Quebec Rare Earth Elements Corp. Announces Chief Financial Officer Changes

Quebec Rare Earth Elements Corp., Annual General Meeting, Jan 24, 2024

Recent updates

Quebec Rare Earth Elements Corp. announced that it has received CAD 1.04144 million in funding

High number of new and inexperienced directors

Quebec Rare Earth Elements Corp. announced that it expects to receive CAD 1.002 million in funding

Quebec Rare Earth Elements Corp. (CNSX:QREE) completed the acquisition of 45 claims representing approximately 2,430 hectares north of Lake.

Independent Non-Executive Chairman recently bought CA$124k worth of stock

High number of new and inexperienced directors

Quebec Rare Earth Elements Corp. Announces Board Changes

Quebec Rare Earth Elements Corp. (CNSX:QREE) acquired Additional Lands Abutting the Lynx REE project in Quebec.

Quebec Rare Earth Elements Corp. (CNSX:QREE) acquired Additional Lands Abutting the Lynx REE project in Quebec.

Quebec Rare Earth Elements Corp. Announces Chief Financial Officer Changes

Quebec Rare Earth Elements Corp., Annual General Meeting, Jan 24, 2024

Metallica Metals Corp. Announces Board Changes

Metallica Metals Corp. (CNSX:MM) completed the acquisition of 46 Claims Approximately 2,583 Hectares Along the Waswanipi-Saguenay Zone in Quebec

Metallica Metals Corp. (CNSX:MM) agreed to acquire 46 Claims Approximately 2,583 Hectares Along the Waswanipi-Saguenay Zone in Quebec for CAD 1.36 million.

Metallica Metals Corp. (CNSX:MM) agreed to acquire 46 Claims Approximately 2,583 Hectares Along the Waswanipi-Saguenay Zone in Quebec for CAD 1.36 million.

Less than half of directors are independent

Less than half of directors are independent

Metallica Metals Corp. Announces Board Changes

Metallica Metals Corp., Annual General Meeting, Jan 09, 2023

Metallica Metals Corp. Announces Management Resignations

Metallica Metals Corp. Files A NI 43101 Technical Report on Its Flagship Starr Goldsilver Project, Located in the Thunder Bay Mining District of Ontario, Canada

Metallica Metals Commences Surface Exploration Program at Sammy Ridgeline NiCuPGM Project

Metallica Metals Outlines 17 Exploration Targets from MobileMT Survey at Richview Pine Ni-Cu-PGM Project, Marathon, Ontario

High number of new and inexperienced directors

Metallica Metals Discusses Results of MobileMT Survey at Sammy Ridgeline Ni-Cu-PGM Project, Thunder Bay North District, Ontario

Metallica Metals Corp. Announces Further Assay Results from Diamond Drill Holes on its Starr Gold-Silver Project in the Thunder Bay Mining District of Ontario, Canada

Metallica Metals Corp. announced that it has received CAD 1.321435 million in funding

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

Metallica Metals Intersects High Grade Gold Mineralization in First Drill Holes Completed on Starr Gold-Silver Project

Metallica Metals Commences 4,000 Metre Drilling Program On Its Starr Gold-Silver Project, Thunder Bay Mining District

Mega Moly Mining Corp. completed the acquisition of Fortytwo Metals Inc. from Metallica Metals Corp. (CNSX:MM).

Metallica Metals Corp. Provides Update on Exploration Activities

Metallica Metals Corp. Forms Technical Advisory Board

Metallica Metals Corp. announced that it has received CAD 2.606251 million in funding

Metallica Metals Provides its Exploration Plans for the Starr Gold-Silver Project, Thunder Bay Mining District

Metallica Metals Corp Details Exploration Plans for Sammy Ridgeline Palladium - Platinum Project, Thunder Bay Mining District

Metallica Metals Corp. Appoints Trumbull Fisher as A Director

Metallica Metals Corp. announced that it has received CAD 0.30025 million in funding

Cameo Industries Corp. announced that it expects to receive CAD 0.3 million in funding

Taranis Resources Inc. (TSXV:TRO) entered into an exclusive letter of intent to acquire Fortytwo Metals Inc. from Cameo Industries Corp. (CNSX:CRU) for $0.39 million.

Cameo Industries Corp. (CNSX:CRU) completed the acquisition of Richview Pine Project/ Sammy Ridgeline Project.

Cameo Industries Corp. (CNSX:CRU) agreed to acquire Gochager Lake Nickel-Copper-Cobalt project claims from BioELife Corp. (OTCPK:LITH) for for $1.1 million.

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure