Grid Battery Metals Management

Management criteria checks 3/4

Grid Battery Metals' CEO is Tim Fernback, appointed in Mar 2023, has a tenure of 1.67 years. total yearly compensation is CA$21.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 1.59% of the company’s shares, worth CA$75.00K. The average tenure of the management team and the board of directors is 1.8 years and 3.1 years respectively.

Key information

Tim Fernback

Chief executive officer

CA$21.0k

Total compensation

CEO salary percentage	100.0%
CEO tenure	1.7yrs
CEO ownership	1.6%
Management average tenure	1.8yrs
Board average tenure	3.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Tim Fernback's remuneration changed compared to Grid Battery Metals's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	-CA$4m
Jun 30 2024	n/a	n/a	-CA$1m
Mar 31 2024	n/a	n/a	CA$1m
Dec 31 2023	n/a	n/a	CA$1m
Sep 30 2023	n/a	n/a	CA$3m
Jun 30 2023	CA$21k	CA$21k	CA$1m
Mar 31 2023	n/a	n/a	-CA$2m
Dec 31 2022	n/a	n/a	-CA$2m
Sep 30 2022	n/a	n/a	-CA$3m
Jun 30 2022	n/a	n/a	-CA$3m
Mar 31 2022	n/a	n/a	-CA$3m
Dec 31 2021	n/a	n/a	-CA$3m
Sep 30 2021	n/a	n/a	-CA$2m
Jun 30 2021	n/a	n/a	-CA$2m
Mar 31 2021	n/a	n/a	-CA$2m
Dec 31 2020	n/a	n/a	-CA$1m
Sep 30 2020	n/a	n/a	-CA$897k
Jun 30 2020	n/a	n/a	-CA$759k
Mar 31 2020	n/a	n/a	-CA$654k
Dec 31 2019	n/a	n/a	-CA$713k
Sep 30 2019	n/a	n/a	-CA$778k
Jun 30 2019	n/a	n/a	-CA$805k
Mar 31 2019	n/a	n/a	-CA$1m
Dec 31 2018	n/a	n/a	-CA$430k
Sep 30 2018	n/a	n/a	CA$332k
Jun 30 2018	CA$48k	n/a	CA$461k

Compensation vs Market: Tim's total compensation ($USD15.02K) is below average for companies of similar size in the Canadian market ($USD169.13K).

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

CEO

Tim Fernback (55 yo)

1.7yrs

Tenure

CA$21,000

Compensation

Mr. Timothy Cyril Fernback, C.P.A. CMA, CPA, M.B.A. MBA, also known as Tim, has been Independent Director of SKRR Exploration Inc. since July 18, 2024. He serves as Director, Chief Executive Officer of Tem...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Timothy Fernback	CEO, President & Director	1.7yrs	CA$21.00k	1.59% CA$ 75.0k
Robert Guanzon	Chief Financial Officer	1.9yrs	CA$28.00k	0.13% CA$ 6.3k
Ali Alizadeh	VP of Exploration & Director?	less than a year	no data	no data
Tina Whyte	Corporate Secretary	8.6yrs	no data	0.27% CA$ 12.5k

1.8yrs

Average Tenure

55yo

Average Age

Experienced Management: CELL's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Timothy Fernback	CEO, President & Director	1.7yrs	CA$21.00k	1.59% CA$ 75.0k
Ali Alizadeh	VP of Exploration & Director?	11.1yrs	no data	no data
Robert Setter	Director	4.6yrs	CA$24.00k	no data
Solange Khan	Director	less than a year	no data	0.34% CA$ 16.1k

3.1yrs

Average Tenure

Experienced Board: CELL's board of directors are considered experienced (3.1 years average tenure).

Grid Battery Metals Management

Management criteria checks 3/4

Key information

Recent management updates

Less than half of directors are independent

Grid Battery Metals Inc., Annual General Meeting, Apr 09, 2024

Insufficient new directors

Nickel Rock Resources Inc. Announces the Appointment of Mr. Robert Guanzon as the New Chief Financial Officer

Corporate Secretary recently sold CA$57k worth of stock

Nickel Rock Resources Inc. Announces Executive Changes

Recent updates

Grid Battery Metals Inc. (TSXV:CELL) completed the acquisition of 17 Mineral Claims in North Central British Columbia from AC/DC Battery Metals Inc. (TSXV:ACDC) CAD 0.25 million.

Grid Battery Metals Inc. Completes Reverse Circulation Drilling Program on its Claim Block at Silver Peak, Clayton Valley, Esmeralda County, Nevada

Grid Battery Metals Inc. Provides Metals Drilling Update on Its Clayton Valley Lithium Project

New major risk - Financial data availability

Grid Battery Metals Begins Drilling the Clayton Valley Lithium Project

Less than half of directors are independent

Grid Battery Metals Inc. announced that it has received CAD 2 million in funding

Grid Battery Metals Inc. Completes Phase 2 of Its 2024 Clayton Valley Project 2024 Exploration Plan

Grid Battery Metals Exploration Completes Phase 1 of Its 2024 Exploration Plan on the Clayton Valley Lithium Project

Grid Battery Metals Inc. announced that it expects to receive CAD 2 million in funding

Grid Battery Exploration Team Begins Work on Its Clayton Valley Lithium Project

Grid Battery Metals Inc. to Begin the 2024 Exploration Program on Its Clayton Valley Lithium Project

Grid Battery Metals Inc., Annual General Meeting, Apr 09, 2024

Grid Battery Metals Exploration Team on Site At the Clayton Valley Nevada Lithium Project

New major risk - Market cap size

Grid Battery Metals Inc. Announces the Fourth Phase of the Nickel Exploration Program in British Columbia

Grid Battery Metals Inc. Announces Soil Sample Results at the Texas Springs Nevada Lithium Project Showing Average Lithium Grades of 2010 ppm

Grid Battery Metals Inc. Announces the Geophysics Results from Phase 1 of its Exploration Plan at the Texas Springs Nevada Lithium Project

New major risk - Market cap size

Grid Battery Metals Inc. announced that it has received CAD 0.48 million in funding

Grid Battery Metals Inc. Completes Phase 1 of Its Exploration Plan at the Texas Springs Nevada Lithium Project

Grid Battery Metals Inc. Contracts the Services of Rangefront Geological

Grid Battery Metals Inc. (TSXV:CELL) completed the acquisition of Texas Springs Property in Nevada from Springfield Land Limited Liability.

Grid Battery Metals Inc. (TSXV:CELL) entered into a Purchase and Sale Agreement to acquire Texas Springs Property in Nevada from Springfield Land Limited Liability for $0.39 million.

Grid Battery Metals Inc. announced that it has received CAD 3 million in funding

Insufficient new directors

Surge Battery Metals Inc. (TSXV:NILI) completed the acquisition of Surge Nickel Project from Grid Battery Metals Inc. (TSXV:CELL).

Nickel Rock Resources Inc. Announces the Appointment of Mr. Robert Guanzon as the New Chief Financial Officer

Nickel Rock Resources Inc. Provides Narrative on Recent Option Agreement

Nickel Rock Announces Clayton Valley Lithium Project Exploration Program Results

Nickel Rock Resources Inc. Awards Contract for 2021 Exploration and Drilling Program on the Nickel Project Next to the Decar Project of FPX Nickel Corp

Corporate Secretary recently sold CA$57k worth of stock

Chief Financial Officer has left the company

Nickel Rock Resources Inc. Announces Executive Changes

Nickel Rock Resources Inc. Announces Commencement of Reverse Circulation Drilling at Silver Peak, Clayton Valley, Esmeralda County, Nevada

Nickel Rock Resources Inc. Files NI 43-101 Report for the Nickel Project Next to the Decar Nickel Project of FPX Nickel Corp

Nickel Rock to Drill for Lithium Clays at Clayton Valley, Nevada by Mid-March

Nickel Rock Resources Inc. (TSXV:NICL) completed the acquisition of Mitchell Range Project located in British Columbia from J. Malcolm Bell.

Nickel Rock Resources Files Notice of Work Application for the Hard Nickel Project Next to the Decar Nickel Project of FPX Nickel Corp

Nickel Rock Resources Inc. Announces Update on Drilling Campaign on its 100% Owned Clayton Valley Project

Corporate Secretary recently sold CA$263k worth of stock

New 90-day high: CA$0.68

Corporate Secretary recently sold CA$85k worth of stock

New 90-day high: CA$0.23

Nickel Rock Resources Inc. announced that it expects to receive CAD 0.52 million in funding

Nevada Energy Metals Inc. Announces Resignation of James Hellwarth as A Director

Nevada Energy Metals Inc. announced that it has received CAD 1 million in funding

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure