Amex Exploration Management

Management criteria checks 3/4

Amex Exploration's CEO is Victor Cantore, appointed in Dec 2016, has a tenure of 7.92 years. total yearly compensation is CA$467.32K, comprised of 59.9% salary and 40.1% bonuses, including company stock and options. directly owns 3.96% of the company’s shares, worth CA$5.51M. The average tenure of the management team and the board of directors is 5.9 years and 14 years respectively.

Key information

Victor Cantore

Chief executive officer

CA$467.3k

Total compensation

CEO salary percentage	59.9%
CEO tenure	7.9yrs
CEO ownership	4.0%
Management average tenure	5.9yrs
Board average tenure	14yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Victor Cantore's remuneration changed compared to Amex Exploration's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	CA$1m
Mar 31 2024	n/a	n/a	CA$392k
Dec 31 2023	CA$467k	CA$280k	CA$680k
Sep 30 2023	n/a	n/a	-CA$3m
Jun 30 2023	n/a	n/a	-CA$2m
Mar 31 2023	n/a	n/a	-CA$108k
Dec 31 2022	CA$460k	CA$265k	CA$142k
Sep 30 2022	n/a	n/a	-CA$744k
Jun 30 2022	n/a	n/a	-CA$1m
Mar 31 2022	n/a	n/a	-CA$945k
Dec 31 2021	CA$500k	CA$250k	CA$10k
Sep 30 2021	n/a	n/a	CA$5m
Jun 30 2021	n/a	n/a	CA$3m
Mar 31 2021	n/a	n/a	CA$34k
Dec 31 2020	CA$510k	CA$260k	-CA$2m
Sep 30 2020	n/a	n/a	CA$282k
Jun 30 2020	n/a	n/a	-CA$674k
Mar 31 2020	n/a	n/a	-CA$1m
Dec 31 2019	CA$80k	CA$80k	-CA$4m
Sep 30 2019	n/a	n/a	-CA$6m
Jun 30 2019	n/a	n/a	-CA$5m
Mar 31 2019	n/a	n/a	-CA$5m
Dec 31 2018	CA$60k	CA$60k	-CA$2m
Sep 30 2018	n/a	n/a	-CA$24k
Jun 30 2018	n/a	n/a	CA$70k
Mar 31 2018	n/a	n/a	-CA$386k
Dec 31 2017	CA$85k	CA$85k	-CA$710k

Compensation vs Market: Victor's total compensation ($USD336.24K) is above average for companies of similar size in the Canadian market ($USD171.96K).

Compensation vs Earnings: Victor's compensation has been consistent with company performance over the past year.

CEO

Victor Cantore (58 yo)

7.9yrs

Tenure

CA$467,315

Compensation

Mr. Victor Cantore serves as Member of Advisory Board at Tantalex Lithium Resources Corp. (formerly known as Tantalex Resources Corporation). He was Chief Executive Officer, President at Horwood Exploratio...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jacques Trottier	Executive Chairman of the Board	22.8yrs	CA$400.56k	0.92% CA$ 1.3m
Victor Cantore	President	7.9yrs	CA$467.32k	3.96% CA$ 5.5m
Patrick Musampa	Chief Financial Officer	3.9yrs	CA$105.00k	no data
Pierre Carrier	COO, Corporate Secretary & Director	11.8yrs	CA$267.04k	0.95% CA$ 1.3m
Aaron Stone	Vice President of Exploration	less than a year	no data	no data

5.9yrs

Average Tenure

60yo

Average Age

Experienced Management: AMX's management team is seasoned and experienced (5.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jacques Trottier	Executive Chairman of the Board	22.8yrs	CA$400.56k	0.92% CA$ 1.3m
Victor Cantore	President	8.4yrs	CA$467.32k	3.96% CA$ 5.5m
Pierre Carrier	COO, Corporate Secretary & Director	19.5yrs	CA$267.04k	0.95% CA$ 1.3m
André Shareck	Lead Independent Director	22.4yrs	CA$31.92k	0.96% CA$ 1.3m
Luisa de Fatima Moreno	Independent Director	3.3yrs	CA$25.00k	no data
Yvon Gélinas	Independent Director	7.5yrs	CA$29.50k	0.12% CA$ 172.5k

14.0yrs

Average Tenure

59yo

Average Age

Experienced Board: AMX's board of directors are seasoned and experienced ( 14 years average tenure).

Amex Exploration Management

Management criteria checks 3/4

Key information

Recent management updates

Insufficient new directors

Amex Exploration Inc., Annual General Meeting, May 07, 2024

President exercised options to buy CA$113k worth of stock.

Amex Exploration Inc. Announces Executive Changes

Insufficient new directors

President exercised options to buy CA$1.0m worth of stock.

Recent updates

Amex Exploration Inc. announced that it has received CAD 6.5941 million in funding

Amex Exploration Inc. announced that it expects to receive CAD 3.91 million in funding

New minor risk - Share price stability

Amex Exploration Inc. Expands High Grade Zone Near Surface - Drills 2.22 G/T Au over 34.75 M, Including 53.16 G/T Au over 1.00 M

Insufficient new directors

Amex Exploration Announces New Gold Discovery Named the Jt Zone

Amex Exploration Inc Intersects the Highest-Grade Gold Composite to Date on the Gratien Zone, on the Perron Project in the Abitibi Region of Quebec

Amex Exploration Inc., Annual General Meeting, May 07, 2024

President exercised options to buy CA$113k worth of stock.

New minor risk - Shareholder dilution

Amex Exploration Inc. announced that it has received CAD 26.658706 million in funding from Eldorado Gold Corporation

Amex Exploration Inc. announced that it expects to receive CAD 26.658706 million in funding from Eldorado Gold Corporation

Is Amex Exploration (CVE:AMX) In A Good Position To Deliver On Growth Plans?

Amex Exploration Inc. Reports High Grade Drill Intersects from Depth Extension of Eastern Denise Zone

Amex Exploration Inc. Announces Executive Changes

Amex Exploration Resumes Drilling At Perron Project

Amex Exploration Inc. Announces Assay Results from New Follow-Up and Expansion Drillholes on the Team Zone on the Perron Project in the Abitibi Region of Quebec

Insufficient new directors

Amex Exploration Inc. Announces Assay Results from New Follow-Up and Expansion Drillholes on the Team Zone on the Perron Project in the Abitibi Region of Quebec

Will Amex Exploration (CVE:AMX) Spend Its Cash Wisely?

Amex Exploration Inc. Reports Results from Team Zone with Intersects of Up to 4.73 G/T Au over 8.20 M and 2.71 G/T Au over 10.50 M

Amex Reports Several High Grade Intercepts from Hgz Including 75.81 G/T Au over 4.85 M

Amex Exploration Inc. Reports New Significant Drill Hole Intersections from the Team Gold Zone Including 6.75 g/t Au over 14.50 m and 1.08 g/t Au over 163.5 m at Perron

Amex Makes New Gold Discovery Names the Team Zone with High Grade Intercepts Up to 10.05 G/T Au over 9.50 M and 68.66 G/T Au over 1.40 M At Perron

Amex Exploration Inc. Reports Wide VMS Intercepts with Values of up to 1.70% CuEq over 14.80 m Including 3.58% CuEq over 3.60 m from QF Zone of Perron

Amex Reports Copper-Rich VMS Intercepts with Values of Up to 2.86% CuEq over 6.40 m Including 4.81% CuEq over 1.60 m from QF Zone

Amex Exploration Inc. Announces Assay Results from A Number of Drill Holes Focused on Expansion Drilling of the High Grade Zone Part of the Eastern Gold Zone, of the Perron Project

President exercised options to buy CA$1.0m worth of stock.

Insider recently sold CA$104k worth of stock

Amex Exploration Inc. Reports 30.90M of 11.57G/T Au from Eastern Denise Expansion Zone and 10.10M of 3.71G/T Au from the E2 Gold Zone

Amex Drilling Expands Denise Zone by Additional 450 M to the East - Denise Zone Now Traced over 1 Km of Strike and Remains Open

Amex Exploration Inc., Annual General Meeting, May 10, 2022

Amex Exploration Inc. announced that it has received CAD 43.139 million in funding

Amex Exploration Inc. Announces A Total of 34 Drill Holes Focused on the Expansion and Definition of Gold Mineralization on High Grade Zone of the Perron Project

Amex Exploration Inc. announced that it expects to receive CAD 33.74 million in funding

Amex Exploration Inc. Reports on Regional Exploration Program Including Four New Gold Zones

Lead Independent Director exercised options to buy CA$88k worth of stock.

Amex Exploration Inc. Announces Results of Its First Follow-Up Drillhole on the Copper Rich Volcanogenic Massive Sulphide QF Zone

Investor sentiment deteriorated over the past week

Amex Exploration Inc. Announces the Results from A Multitude of Drill Holes Focused on Expansion and Definition Drilling of the High Grade Zone

Amex Exploration Inc. Announces the Discovery of A High-Grade Copper Rich Volcanic Massive Sulphide (VMS) Zone on Its 100% Owned Perron Property Located in the Abitibi Region of Northern Québec

Amex Exploration Inc. Drills Large Intervals of Near-Surface Gold Mineralization At Denise Zone Expanding Lateral Strike to 450 M At Perron, Quebec

Amex Expands the Core of the High Grade Zone Near Surface At Perron with Intercepts of Up to 36.86 G/T Au over 13.10 Metres, Including 529.06 G/T Au over 0.75 Metre from Hole Pe-21-329

Amex Exploration Inc. Announces Additional Drill Results Focused on Definition Drilling of the High Grade Zone

Amex Exploration Inc. Reports Number of Drill Results Focused on Definition Drilling of the High Grade Zone of the Eastern Gold Zone on the Perron Gold Project, Quebec

Amex Exploration Inc. Reports Number of Drill Results Focused on Definition of the High Grade Zone and the Denise Zone of the Eastern Gold Zone of the Perron Gold Project, Quebec

We're Hopeful That Amex Exploration (CVE:AMX) Will Use Its Cash Wisely

Amex Exploration Inc., Annual General Meeting, May 11, 2021

Amex Exploration Inc. Reports Multiple High Grade Gold Drill Results Up to 17.89 g/t Au over 8.40 meters from the HGZ at Perron

New 90-day low: CA$2.83

Amex Discovers Additional High Grade Gold Structure Grading 58.25 g/t Au over 3.90 m on the Northern Normetal Fault and Reports 32.99 g/t Au over 4.50 m at High Grade Zone at Perron

Amex Exploration Inc. Continues Exploration Program At Perron

New 90-day high: CA$3.44

Amex Exploration Inc. Reports Results from Several Holes Targeting the Near Surface Portion of the Denise Zone of the Eastern Gold Zone

Amex Expands High Grade Zone Along Strike and to Depth Delivers Up to 144.90 G/T Au over 1.50 M and 49.04 G/T Au over 2.20 M At Perron

New 90-day low: CA$2.56

Amex Exploration Inc. Reports Significant Vertical Depth Expansion of the High Grade Zone of the Eastern Gold Zone, of the Perron Property in Northwestern Quebec, Canada

Amex Exploration Inc. Increases Denise Zone with Drill Intercepts Up to 1.07 G/T Au over 189.40 Metres At Perron

Amex Exploration Inc. announced that it has received CAD 11.7 million in funding

Amex Exploration Inc. announced that it expects to receive CAD 9.36 million in funding

New 90-day high - CA$3.20

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members