Consolidated Lithium Metals Management

Management criteria checks 2/4

Consolidated Lithium Metals' CEO is Rene Bharti, appointed in Dec 2020, has a tenure of 3.42 years. total yearly compensation is CA$285.00K, comprised of 56.1% salary and 43.9% bonuses, including company stock and options. directly owns 2.78% of the company’s shares, worth CA$148.50K. The average tenure of the management team and the board of directors is 2.4 years and 1.4 years respectively.

Key information

Rene Bharti

Chief executive officer

CA$285.0k

Total compensation

CEO salary percentage	56.1%
CEO tenure	3.4yrs
CEO ownership	2.8%
Management average tenure	2.4yrs
Board average tenure	1.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Rene Bharti's remuneration changed compared to Consolidated Lithium Metals's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-CA$5m
Sep 30 2023	n/a	n/a	-CA$7m
Jun 30 2023	n/a	n/a	-CA$6m
Mar 31 2023	n/a	n/a	-CA$5m
Dec 31 2022	CA$285k	CA$160k	-CA$4m
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$2m
Dec 31 2021	CA$120k	CA$120k	-CA$2m
Sep 30 2021	n/a	n/a	-CA$3m
Jun 30 2021	n/a	n/a	-CA$2m
Mar 31 2021	n/a	n/a	-CA$2m
Dec 31 2020	CA$50k	CA$50k	-CA$912k
Sep 30 2020	n/a	n/a	-CA$325k
Jun 30 2020	n/a	n/a	-CA$454k
Mar 31 2020	n/a	n/a	-CA$630k
Dec 31 2019	CA$50k	n/a	-CA$724k
Sep 30 2019	n/a	n/a	-CA$807k
Jun 30 2019	n/a	n/a	-CA$1m
Mar 31 2019	n/a	n/a	-CA$1m
Dec 31 2018	CA$40k	n/a	-CA$1m

Compensation vs Market: Rene's total compensation ($USD208.33K) is about average for companies of similar size in the Canadian market ($USD175.44K).

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

CEO

Rene Bharti (48 yo)

3.4yrs

Tenure

CA$285,000

Compensation

Mr. Rene Bharti is Co-Founder & Director of 2591046 Ontario Corp. He serves as President at AmmPower Corp. since May 4, 2021 and served as its Director since May 4, 2021 until May 18, 2023. He is President...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Rene Bharti	CEO, President & Executive Director	3.4yrs	CA$285.00k	2.78% CA$ 148.5k
Ryan Ptolemy	Chief Financial Officer	2.4yrs	CA$63.00k	no data
Andreas Rompel	VP of Exploration & Director	less than a year	CA$275.00k	0.32% CA$ 16.9k
Richard Quesnel	Executive Chairman	1.1yrs	no data	3.37% CA$ 180.0k
Najib Moutia	Chief Operating Officer	12yrs	CA$60.89k	no data
Roger Lemaitre	Senior VP & Head of Mining	1.3yrs	no data	no data
Aaron Atin	Company Secretary	5.3yrs	no data	0.059% CA$ 3.2k

2.4yrs

Average Tenure

51.5yo

Average Age

Experienced Management: CLM's management team is considered experienced (2.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Rene Bharti	CEO, President & Executive Director	6.3yrs	CA$285.00k	2.78% CA$ 148.5k
Andreas Rompel	VP of Exploration & Director	5yrs	CA$275.00k	0.32% CA$ 16.9k
Richard Quesnel	Executive Chairman	1.1yrs	no data	3.37% CA$ 180.0k
Robert Bryce	Independent Director	1.3yrs	no data	0.031% CA$ 1.6k
Brett Lynch	Independent Director	1.5yrs	no data	0.56% CA$ 30.0k
Maxime Lemieux	Director	less than a year	CA$10.00k	0.031% CA$ 1.6k

1.4yrs

Average Tenure

60yo

Average Age

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

Consolidated Lithium Metals Management

Management criteria checks 2/4

Key information

Recent management updates

Executive Chairman recently bought CA$50k worth of stock

Less than half of directors are independent

Jourdan Resources Inc. Announces the Appointment of Roger Lemaitre as Head of Mining

Insufficient new directors

Jourdan Resources Inc., Annual General Meeting, Dec 15, 2022

Insufficient new directors

Recent updates

New major risk - Financial position

Consolidated Lithium Metals Inc. Receives for the 873 Soil Samples Collected During the 2022 and 2023 Fall Exploration Programs

Executive Chairman recently bought CA$50k worth of stock

Consolidated Lithium Metals Inc. and North American Lithium Report Final Set of Assay Results from the Last 40 Holes of the 2023 Summer Drilling Program at the Vallée Joint Venture

Consolidated Lithium Metals Inc. Announces Joint Venture Partner North American Lithium Reports the First Set of Assay Results from the Summer Drilling Program at the Vallée Joint Venture Lithium Project, Located Approximately 30 Km North of Val-d’Or, Quebec

Consolidated Lithium Metals Inc. announced that it has received CAD 1.687591 million in funding

New major risk - Market cap size

Consolidated Lithium Metals Inc. announced that it expects to receive CAD 3 million in funding

New major risk - Share price stability

Consolidated Lithium Metals Inc. Completes Baillarge Summer Program

Consolidated Lithium Metals Inc. Commences Drilling on Vallee Joint Venture

Jourdan Resources Inc. (TSXV:JOR) completed the acquisition of Six mining claims located north of Val d’Or in Quebec from Globex Mining Enterprises Inc. (TSX:GMX).

Consolidated Lithium Metals Inc. announced that it has received CAD 1.7 million in funding

Consolidated Lithium Metals Inc. Announces Exploration Activities Commences at the Company's 100% Owned Baillarge Lithium Project

Jourdan Resources Inc. announced that it has received CAD 2.120035 million in funding

Jourdan Resources Inc. announced that it expects to receive CAD 1 million in funding

Jourdan Resources Inc. (TSXV:JOR) entered into an asset purchase agreement to acquire Six mining claims located north of Val d’Or in Quebec from Globex Mining Enterprises Inc. (TSX:GMX) for CAD 0.2 million.

Less than half of directors are independent

Jourdan Resources Inc. Publishes the Second Set of Assay Results of Its Summer/Fall 2022 Drilling Campaign

Jourdan Resources Inc. Announces the Appointment of Roger Lemaitre as Head of Mining

JOURDAN RESOURCES INC. Announces First of Thirty-Two (32) Drillhole Assay Results with Li2O Grades

Jourdan Completes Stripping, Mapping and Channel Sampling Program on Its Baillargé Property

Jourdan Resources Inc. (TSXV:JOR) acquired 138 Mining Claims in Val d'Or, Quebec for CAD 0.05 million.

Jourdan Resources Inc. announced that it expects to receive CAD 1.5012 million in funding from Sayona Quebec Inc.

Insufficient new directors

Jourdan Resources Inc. announced that it has received CAD 1.5012 million in funding from Sayona Quebec Inc.

Jourdan Resources Inc. Completes Phase 3 of Its Summer 2022 Drilling Program

Jourdan Resources Inc., Annual General Meeting, Dec 15, 2022

Jourdan Announces Soil Sampling Program Expansion and Arrival of Second Drill to Accelerate Completion of Its Phase 3 Summer Drill Campaign

Jourdan Announces Final Results Showing Promising Li2o Grades from Its Winter Drill Campaign

Jourdan Announces the Commencement of Phase 3 of 2022 Drilling Program on Its Vallee Lithium Project

Jourdan Resources Inc. announced that it has received CAD 2.161 million in funding

Jourdan Resources Inc. announced that it has received CAD 2.161 million in funding

Jourdan Starts Soil Sampling Program at Preissac-La Corne and Baillargé Projects

Jourdan Announces More Elevated Li2O Grades from Its Drill Campaign

Jourdan Resources Inc. announced that it expects to receive CAD 2 million in funding

Jourdan Resources Inc. Publishes First Assay Results of its Winter 2022 Drilling Campaign on its Vallée Project

Insufficient new directors

Jourdan Resources Inc. Completes Phase 2 of its 2022 Drilling Program

Jourdan Resources Inc. Provides Drilling Program Update

Jourdan Resources Inc. Announces Drilling Program Continues to Intersect the New Eastern Extension of Li Pegmatites

Jourdan Resources Inc. Commences 2022 Drilling Program on Its Flagship Vallee Lithium Project Aiming at Enlarging the Known Deposit

Jourdan Announces the Next Phase of Diamond Drilling at its Vallée Project Aiming At Enlarging the Known Deposits

Jourdan Resources Inc. Announces More Elevated Li2o Grades from Its Drillhole Campaign

Jourdan Resources Inc. announced that it expects to receive CAD 2 million in funding

Jourdan Announces Elevated Li2O Grades from its Drillhole Campaign

Jourdan Resources Inc. announced that it has received CAD 0.455 million in funding from Aberdeen International Inc. and other investors

Jourdan Resources Inc. Announces Drilling Program Successfully Intersected New Eastern Extension of Li Pegmatite

Jourdan Resources Inc. Commences Drilling Program on the Vallée-Lithium Project

Jourdan Resources Inc. Announces Drilling Program on Vallée-Lithium Project

Jourdan Resources Inc. announced that it expects to receive CAD 1 million in funding

Jourdan Resources Inc Work Begins on Lithium Bulk Sample

Jourdan Resumes Exploration in Val d'Or

Jourdan Resources Inc. Announces Executive Changes

Jourdan Resources Inc. announced that it has received CAD 0.75 million in funding

Jourdan Resources Inc. announced that it expects to receive CAD 0.75 million in funding

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age