Battery Mineral Resources Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Martin Kostuik

Chief executive officer

CA$453.6k

Total compensation

CEO salary percentage	85.0%
CEO tenure	3.6yrs
CEO ownership	0.3%
Management average tenure	no data
Board average tenure	3.7yrs

Recent management updates

Recent updates

Market Cool On Battery Mineral Resources Corp.'s (CVE:BMR) Revenues Pushing Shares 27% Lower

Nov 14

It's Down 26% But Battery Mineral Resources Corp. (CVE:BMR) Could Be Riskier Than It Looks

Aug 09

Battery Mineral Resources Corp. (CVE:BMR) Stock Catapults 38% Though Its Price And Business Still Lag The Industry

May 22

Battery Mineral Resources Corp.'s (CVE:BMR) Share Price Not Quite Adding Up

Feb 01

CEO Compensation Analysis

How has Martin Kostuik's remuneration changed compared to Battery Mineral Resources's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	-CA$14m
Mar 31 2024	n/a	n/a	-CA$14m
Dec 31 2023	CA$454k	CA$385k	-CA$13m
Sep 30 2023	n/a	n/a	-CA$11m
Jun 30 2023	n/a	n/a	-CA$9m
Mar 31 2023	n/a	n/a	-CA$4m
Dec 31 2022	CA$415k	CA$351k	-CA$3m
Sep 30 2022	n/a	n/a	-CA$7m
Jun 30 2022	n/a	n/a	-CA$7m
Mar 31 2022	n/a	n/a	-CA$10m
Dec 31 2021	CA$266k	CA$203k	-CA$12m

Compensation vs Market: Martin's total compensation ($USD324.73K) is above average for companies of similar size in the Canadian market ($USD169.37K).

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

CEO

Martin Kostuik (55 yo)

3.6yrs

Tenure

CA$453,593

Compensation

Mr. Martin Leslie Kostuik, B.Sc., MBA., serves as Chief Executive Officer and Director at Battery Mineral Resources Corp. since April 05, 2021. He had been the President of Arizona Gold Corp. (formerly kno...

Board Members

Name	Position	Tenure	Compensation	Ownership
Lazaros Nikeas	Executive Chairman	5yrs	CA$150.00k	0.17% CA$ 14.0k
Martin Kostuik	CEO & Director	3.6yrs	CA$453.59k	0.31% CA$ 25.2k
John Kiernan	Independent Director	3.8yrs	CA$48.00k	0.23% CA$ 18.4k
Stephen Dunmead	Independent Director	3.8yrs	CA$48.00k	0.23% CA$ 18.4k
Joseph Tuso	Independent Director	2.8yrs	CA$48.00k	0.079% CA$ 6.5k
Julia B. Rodriguez	Independent Director	2.3yrs	CA$48.00k	0.046% CA$ 3.7k

3.7yrs

Average Tenure

60yo

Average Age

Experienced Board: BMR's board of directors are considered experienced (3.7 years average tenure).

Battery Mineral Resources Management

Management criteria checks 1/4

Key information

Recent management updates

Battery Mineral Resources Corp., Annual General Meeting, Jun 21, 2024

Less than half of directors are independent

Battery Mineral Resources Corp. Appoints Julia B. Aspillaga Rodriguez to Its Board of Directors

Battery Mineral Resources Corp. Appoints Derek White to the Board of Directors

High number of new and inexperienced directors

Battery Mineral Resources Corp. Appoints Max Satel as Its New Chief Financial Officer

Recent updates

Market Cool On Battery Mineral Resources Corp.'s (CVE:BMR) Revenues Pushing Shares 27% Lower

Battery Mineral Resources Corp. announced that it has received CAD 0.27686 million in funding

Second quarter 2024 earnings released: CA$0.019 loss per share (vs CA$0.02 loss in 2Q 2023)

It's Down 26% But Battery Mineral Resources Corp. (CVE:BMR) Could Be Riskier Than It Looks

New major risk - Market cap size

First quarter 2024 earnings released: CA$0.024 loss per share (vs CA$0.014 loss in 1Q 2023)

New minor risk - Share price stability

Battery Mineral Resources Corp. (CVE:BMR) Stock Catapults 38% Though Its Price And Business Still Lag The Industry

New major risk - Market cap size

Battery Mineral Resources Corp., Annual General Meeting, Jun 21, 2024

Battery Mineral Resources Corp. announced that it has received CAD 5.881091 million in funding from Weston Energy, LLC

Battery Mineral Resources Corp.'s (CVE:BMR) Share Price Not Quite Adding Up

Battery Mineral Resources Corp. Announces Operations, Permitting and Community Relations Update

Third quarter 2023 earnings released: CA$0.014 loss per share (vs CA$0 in 3Q 2022)

Battery Mineral Resources Corp. announced that it expects to receive CAD 8.2 million in funding from Weston Energy, LLC and other investors

Battery Mineral Resources Corp. announced that it expects to receive CAD 8.2 million in funding from Weston Energy, LLC and other investors

Second quarter 2023 earnings released: CA$0.01 loss per share (vs CA$0.006 profit in 2Q 2022)

New minor risk - Share price stability

New minor risk - Shareholder dilution

Battery Mineral Resources Corp. announced that it has received $2 million in funding

Battery Mineral Resources Corp. Completes Detailed Ground Magnetics Survey of 620 Line-Km over Cinabrio Concessions at Punitaqui Mine Complex

First quarter 2023 earnings released: CA$0.014 loss per share (vs CA$0.01 loss in 1Q 2022)

Full year 2022 earnings released: CA$0.02 loss per share (vs CA$0.078 loss in FY 2021)

Third quarter 2022 earnings released: EPS: CA$0 (vs CA$0.005 loss in 3Q 2021)

Less than half of directors are independent

Battery Mineral Resources Corp. Announces the Approval of Its Environmental Permit for Mining At Cinabrio and San Andres At Its Punitaqui Copper Mining Complex

Battery Mineral Resources Corp. Appoints Julia B. Aspillaga Rodriguez to Its Board of Directors

Second quarter 2022 earnings released: EPS: CA$0.006 (vs CA$0.014 loss in 2Q 2021)

Battery Mineral Resources Corp. Announces Robust NI 43-101 Resource Estimate of 6.2 Million Tonnes Indicated and 3.1 Million Tonnes Inferred At Its Punitaqui Copper Mine Complex

Battery Mineral Resources Corp. Appoints Derek White to the Board of Directors

Battery Mineral Resources Corp. Provides Corporate Update on Its Path to Production At Its Punitaqui Mine

Battery Mineral Resources Announces Intercept of 48 Meters of 1.31% Cu from the Cinabrio Norte Target at its Punitaqui Copper Mine in Chile

Battery Mineral Resources Corp. Announces Drill Core Assay Results from the Recently Completed Phase 1 Exploration and Infill Drill Program at the Dalmacia Zone of the Punitaqui Mine Complex in Chile

First quarter 2022 earnings released: CA$0.01 loss per share (vs CA$0.029 loss in 1Q 2021)

High number of new and inexperienced directors

Battery Mineral Resources Corp. Appoints Max Satel as Its New Chief Financial Officer

Less than half of directors are independent

Battery Mineral Resources Corp. Announces Encouraging Drill Core Assay Results from the Ongoing 2021 2022 Exploration and Infill Drill Program

Battery Mineral Resources Corp. Announces Intercept of 47 Meters of 1.34% Copper from Dalmacia Target At Its Punitaqui Mine

Battery Mineral Resources Corp. announced that it has received CAD 10.37546 million in funding

Battery Mineral Resources Corp. Announces Encouraging Drill Core Assay Results from the Recently Completed Phase 1 Exploration and In-Fill Drill Program at the Dalmacia Target of the Punitaqui Mine Complex in Chile

Battery Mineral Resources Corp. Announces Encouraging Drill Core Assay Results from the On-Going 2021 Exploration and In-Fill Drill Program At the San Andres Zone of the Punitaqui Mine Complex in Chile

Battery Mineral Resources Corp. Announces Intercept of 102 Meters Grading 1.41% Copper, At Dalmacia Target At Its Punitaqui Mine

High number of new and inexperienced directors

Battery Mineral Resources Corp. Announces Encouraging Drill Core Assay Results from the On-Going 2021 Exploration and In-Fill Drill Program At the Cinabrio, Dalmacia and San Andres

Battery Mineral Resources Corp. Provides Corporate Development Update

Battery Mineral Resources Corp. Announces Positive Initial Drill Results from its Recently Acquired Punitaqui Copper Mine in Chile

Battery Mineral Resources Corp. announced that it expects to receive CAD 0.8 million in funding

Battery Mineral Resources Corp. Provides an Update on Rock Sampling Results from the Gowganda East Block

Battery Mineral Resources Corp. announced that it has received CAD 14.751448 million in funding

Battery Mineral Resources Corp. announced that it has received CAD 0.999999 million in funding

Battery Mineral Resources Corp. announced that it expects to receive CAD 0.999999 million in funding

Battery Mineral Resources Corp. Announces Exploration Results from Its 100% Owned Bonanza Project Within the Idaho Cobalt Belt, USA

Battery Mineral Resources Corp. (TSXV:BMR) completed the acquisition of remaining 10.8% interest in ESI Energy Services Inc. (CNSX:OPI).

Battery Mineral Resources Corp. Drilling At Mapes - Johnson Historic Cobalt-Silver Producer At Elk Lake

Battery Mineral Resources Corp. announced that it has received CAD 15 million in funding

Battery Mineral Resources Corp. announced that it expects to receive CAD 15 million in funding

CEO Compensation Analysis

CEO

Tenure

Compensation

Board Members

Average Tenure

Average Age