Comet Lithium Management

Management criteria checks 1/4

Comet Lithium's CEO is Vincent Metcalfe, appointed in Jan 2024, has a tenure of less than a year. total yearly compensation is CA$9.16K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 1.3% of the company’s shares, worth CA$65.55K. The average tenure of the management team and the board of directors is 1.1 years and 1.1 years respectively.

Key information

Vincent Metcalfe

Chief executive officer

CA$9.2k

Total compensation

CEO salary percentage	100.0%
CEO tenure	less than a year
CEO ownership	1.3%
Management average tenure	1.1yrs
Board average tenure	1.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Vincent Metcalfe's remuneration changed compared to Comet Lithium's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	-CA$3m
Mar 31 2024	n/a	n/a	-CA$3m
Dec 31 2023	CA$9k	CA$9k	-CA$3m

Compensation vs Market: Vincent's total compensation ($USD6.51K) is below average for companies of similar size in the Canadian market ($USD167.77K).

Compensation vs Earnings: Insufficient data to compare Vincent's compensation with company performance.

CEO

Vincent Metcalfe (39 yo)

less than a year

Tenure

CA$9,155

Compensation

Mr. Vincent Metcalfe is an Executive Chairman at Comet Lithium Corporation since October 26, 2023 and serves as its Chief Executive Officer, President since January 01, 2024. He was the Founder and served...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Vincent Metcalfe	CEO, President & Executive Chairman	less than a year	CA$9.16k	1.3% CA$ 65.5k
Sylvain Champagne	CFO, Secretary & Director	10.4yrs	CA$87.00k	2.2% CA$ 110.5k
Vincent Cardin-Tremblay	Vice President of Exploration	1.1yrs	no data	0.17% CA$ 8.6k

1.1yrs

Average Tenure

Experienced Management: CLIC's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Vincent Metcalfe	CEO, President & Executive Chairman	1.1yrs	CA$9.16k	1.3% CA$ 65.5k
Sylvain Champagne	CFO, Secretary & Director	11.8yrs	CA$87.00k	2.2% CA$ 110.5k
Steven Wasel	Director	less than a year	no data	0.076% CA$ 3.8k
Sebastien Bellefleur	Director	11.8yrs	no data	no data
Paul Blatter	Independent Director	1.2yrs	no data	no data
Jordan Potts	Director	3.4yrs	CA$70.00k	0.24% CA$ 12.0k
Kyle Frank	Director	less than a year	no data	no data
Jamie Flegg	Director	less than a year	no data	no data

1.1yrs

Average Tenure

57yo

Average Age

Experienced Board: CLIC's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.

Comet Lithium Management

Management criteria checks 1/4

Key information

Recent management updates

Comet Lithium Corporation Appoints Kyle Frank to Its Board of Directors

Comet Lithium Corporation Approves Board Elections

Comet Lithium Corporation, Annual General Meeting, May 28, 2024

Comet Lithium Corporation Announces Executive Changes Effective January 1, 2024

Comet Lithium Corporation Announces Management Changes

Less than half of directors are independent

Recent updates

Comet Lithium Corporation Reports Results from Troilus East Exploration Program

Comet Lithium Corporation Reports Results from Mercator Summer Exploration Program and Corporate Update

New major risk - Revenue and earnings growth

Comet Lithium Corporation Reports Results from Liberty Property Phase 1 Exploration Program

Comet Lithium Corporation Begins Exploration Campaign At Troilus East Project

Comet Lithium Corporation Appoints Kyle Frank to Its Board of Directors

Comet Lithium Corporation Approves Board Elections

Comet Lithium Corporation, Annual General Meeting, May 28, 2024

Comet Lithium Corporation Outlines 2024 Phase 1 Exploration Program At Liberty Lithium Property

Comet Lithium Corporation Identifies New Large IP Anomalies at Troilus East

Comet Lithium Corporation Reports Lithium Anomaly from Till Samples Along North-East Structure from the Initial Field Program At Its Liberty Property

Comet Lithium Corporation Recaps 2023 Exploration Program & Provides its Exploration Perspective for 2024

Comet Lithium Corporation Announces Executive Changes Effective January 1, 2024

Comet Lithium Corporation announced that it has received CAD 2.578803 million in funding

New major risk - Shareholder dilution

Comet Lithium Corporation announced that it expects to receive CAD 3 million in funding

Comet Lithium Corporation Completes Phase 1 Gravity Survey At Liberty and Expands to Phase 2 and 3

New major risk - Financial position

Comet Lithium Corporation Announces Management Changes

Comet Lithium Corporation to Commence Field Program at Troilus East

Less than half of directors are independent

Comet Lithium Corporation Submits Permit to Drill At Liberty

Comet Lithium Corporation Appoints Paul Blatter to the Board of Directors

Comet Lithium Corporation Appoints Mansoor Jan Niazi as President

Comet Lithium Corporation Announces Executive Changes

New major risk - Share price stability

Comet Lithium Corporation Announces CEO Changes

X-Terra Resources Inc. announced that it expects to receive CAD 1.5 million in funding

Less than half of directors are independent

X-Terra Resources Completes Reconnaissance Program At the Liberty Lithium Property in James Bay, Quebec

X-Terra Resources Inc. (TSXV:XTT) acquired Galli and Liberty Lithium Projects.

X-Terra Resources Inc. Completes Trenching Program At the Nortwest Property

X-Terra Resources Inc. Trenches over 100 Metres of Continuous Sulfides Mineralization At Grog

X-Terra Resources Inc. Initiates Trenching Program at the Grog and Northwest Properties

X-Terra Resources Inc. Completes Additional Phase of Infill Geochemical Sampling on Grog and Northwest Properties

X-Terra Resources Receives Exploration Grant for Grog Property

X-Terra Resources Inc. (TSXV:XTT) acquired Triple Lithium Project.

X-Terra Resources Inc., Annual General Meeting, Jun 30, 2022

Insufficient new directors

X-Terra Resources Inc. Identifies 6 New Gold Targets at the Grog Property

Insufficient new directors

X-Terra Resources Inc. announced that it has received CAD 0.389998 million in funding

Insufficient new directors

X-Terra Resources Provides Observations from the Drill Core

X-Terra Resources Begins Drilling At Troilus East

X-Terra Resources Drills More Gold at Northwest

X-Terra Resources Inc. Identifies a Strong IP Anomaly Coincident with Gold Geochemistry at Troilus East

X-Terra Resources Mobilizes IP Geophysics Team to Troilus East

X-Terra Resources Drills Visible Gold on the Northwest Property

X-Terra Resources Drills Longest Gold Intercept on Grog Project to Date

X-Terra Resources Inc. Begins Second Phase of Drilling at the Rim Target on the Northwest Property in New Brunswick

X-Terra Resources Announces Initiation of Detailed Drone Magnetic Survey at the Rim Target in New Brunswick

X-Terra Resources Inc. Announces Geochemical Results at its 100% Owned Troilus East Project In James Bay, Québec

X-Terra Resources Inc. announced that it expects to receive CAD 1.5 million in funding

X-Terra Resources Inc. Rim Vein Metallurgical Results Yield Average Grade of 79 g/t Au

X-Terra Resources Begins Drilling with Two Drills At the Grog and Northwest Properties in New Brunswick

X-Terra Resources Inc. Prepares for the Upcoming Drill Program

X-Terra Resources Inc. Completes Geochemical and Ground Geophysics at Grog, Expands Drilling Plans

X-Terra Resources Inc. announced that it has received CAD 0.7 million in funding

New 90-day high - CA$0.23

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age