Grid Metals Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Robin Dunbar

Chief executive officer

CA$664.0k

Total compensation

CEO salary percentage	41.4%
CEO tenure	28.8yrs
CEO ownership	1.7%
Management average tenure	3.1yrs
Board average tenure	1.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Robin Dunbar's remuneration changed compared to Grid Metals's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	-CA$7m
Mar 31 2024	n/a	n/a	-CA$10m
Dec 31 2023	CA$664k	CA$275k	-CA$10m
Sep 30 2023	n/a	n/a	-CA$9m
Jun 30 2023	n/a	n/a	-CA$9m
Mar 31 2023	n/a	n/a	-CA$4m
Dec 31 2022	CA$449k	CA$205k	CA$276k
Sep 30 2022	n/a	n/a	-CA$322k
Jun 30 2022	n/a	n/a	CA$343k
Mar 31 2022	n/a	n/a	-CA$2m
Dec 31 2021	CA$360k	CA$175k	-CA$4m
Sep 30 2021	n/a	n/a	-CA$5m
Jun 30 2021	n/a	n/a	-CA$4m
Mar 31 2021	n/a	n/a	-CA$3m
Dec 31 2020	CA$337k	CA$175k	-CA$3m
Sep 30 2020	n/a	n/a	-CA$1m
Jun 30 2020	n/a	n/a	-CA$1m
Mar 31 2020	n/a	n/a	-CA$1m
Dec 31 2019	CA$175k	CA$175k	-CA$660k
Sep 30 2019	n/a	n/a	-CA$660k
Jun 30 2019	n/a	n/a	-CA$839k
Mar 31 2019	n/a	n/a	-CA$990k
Dec 31 2018	CA$175k	CA$175k	-CA$1m
Sep 30 2018	n/a	n/a	-CA$861k
Jun 30 2018	n/a	n/a	-CA$509k
Mar 31 2018	n/a	n/a	-CA$238k
Dec 31 2017	CA$394k	CA$104k	-CA$34k

Compensation vs Market: Robin's total compensation ($USD475.03K) is above average for companies of similar size in the Canadian market ($USD169.25K).

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

CEO

Robin Dunbar (65 yo)

28.8yrs

Tenure

CA$663,973

Compensation

Mr. Robin E. Dunbar, M.B.A., is a Chief Executive Officer, President at Grid Metals Corp. (formerly, Mustang Minerals Corporation) since 1998 and has been its Director since January 01, 1996. Mr. Dunbar is...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Robin Dunbar	President	no data	CA$663.97k	1.74% CA$ 142.5k
Douglas Harris	Chief Financial Officer	3.1yrs	CA$155.78k	0.16% CA$ 12.8k
David Peck	Vice President of Exploration & Business Development	4.8yrs	CA$386.93k	0.049% CA$ 4.0k
Brandon Smith	Chief Development Officer	1.5yrs	CA$427.08k	0.049% CA$ 4.0k

3.1yrs

Average Tenure

Experienced Management: GRDM's management team is considered experienced (3.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Robin Dunbar	President	28.8yrs	CA$663.97k	1.74% CA$ 142.5k
Thomas Meredith	Independent Director	28.8yrs	CA$51.00k	0.041% CA$ 3.4k
Constantine Karayannopoulos	Independent Director	less than a year	no data	no data
Patrick Murphy	Independent Director	1.9yrs	CA$51.00k	1.33% CA$ 108.8k
Grant McAdam	Director	1.2yrs	CA$12.75k	no data

1.9yrs

Average Tenure

64yo

Average Age

Experienced Board: GRDM's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.

Grid Metals Management

Management criteria checks 1/4

Key information

Recent management updates

Grid Metals Corp., Annual General Meeting, Oct 28, 2024

Grid Metals Corp. Announces Changes to its Board

Less than half of directors are independent

Grid Metals Corp. Approves the Appointment of Grant McAdam as Director

Grid Metals Corp Announces the Appointment of Patrick Murphy as Director

Insufficient new directors

Recent updates

Grid Metals Corp. Initiates Maiden Eagle Drill Program At the Mm Copper/Nickel Project

Grid Metals Corp Provides Results from Its Ongoing Exploration Program at its MM Copper/Nickel Project Located in Southeastern Manitoba

New major risk - Share price stability

Grid Metals Corp., Annual General Meeting, Oct 28, 2024

Grid Metals Corp. Provides Activities Update on Donner Lithium and MM Copper Nickel Projects

Grid Metals Corp. Files National Instrument 43-101 Technical Report for Mm Copper/Nickel Project in Southeastern Manitoba

Grid Metals Corp. Announces Changes to its Board

New major risk - Market cap size

Grid Metals Corp. Announces Indicated Open-Pit Mineral Resource of 46.2 Million Tonnes at MM Copper/Nickel Project in Southeastern Manitoba

Grid Metals Corp. Announces Results from Its Maiden Drill Program At the 100%-Owned Falcon West Lithium Property

New major risk - Market cap size

Grid Metals Corp. Announces Drill Results from its January-March 2024 Drill Program at the Donner Lake Lithium Project in Southeastern Manitoba, Canada

New major risk - Market cap size

Grid Metals Corp to Drill Falcon West Lithium Project in Southeastern Manitoba

Grid Metals Corp. announced that it expects to receive CAD 5.4 million in funding from American Metals & Coal International, Inc., Waratah Capital Advisors Ltd.

New minor risk - Shareholder dilution

Less than half of directors are independent

Grid Metals Corp. Approves the Appointment of Grant McAdam as Director

Price target increased by 50% to CA$0.60

Grid Metals Corp. Commences Drilling at Campus Creek Lithium Project Buys Out Joint Venture Partner Option

Grid Metals Corp Reports Positive Metallurgical Test Results from Donner Lake Lithium Property

Grid Metal Corp. Announces Final Drill Results from the Completion of the Northwest Dyke Drill Program at the Donner Lake Lithium Property in Manitoba, Canada

Grid Metals Corp Announces Strong Second Wave of Results from the Main Dyke Lithium Drilling

Grid Metals Corp. Announces Initial Drill Results At Donner Lake Lithium Property, Se Manitoba

Grid Metals Corp Announces the Appointment of Patrick Murphy as Director

Grid Metals Corp Completes 15 Drill Holes At Donner Lake Lithium Project

Insufficient new directors

Grid Metals Corp Commences Drilling at Donner Lake Lithium Property

Grid Metals Corp., Annual General Meeting, Nov 23, 2022

Grid Metals Corp. announced that it has received CAD 8.52 million in funding from Primero Group Limited, American Metals & Coal International, Inc., Churchill Strategic Investments Group Pty Ltd, Lithium Royalty Corp., Waratah Capital Advisors Ltd.

Grid Metals Corp. announced that it has received CAD 8.52 million in funding from Primero Group Limited, American Metals & Coal International, Inc., Churchill Strategic Investments Group Pty Ltd, Lithium Royalty Corp., Waratah Capital Advisors Ltd.

Grid Metals Corp. announced that it expects to receive $8.52 million in funding from Primero Group Limited, American Metals & Coal International, Inc.

Grid Metals Corp. Reports the Results from the Final Three Holes Completed in the Phase 1 Drill Program At Its Donner Lake Lithium Property in Southeastern Manitoba

Grid Metals Corp. Reports Additional Drilling Results from the Phase 1 Drill Program At Its Donner Lake Lithium Property

Canada Nickel Company Inc. (TSXV:CNC) entered into an agreement to acquire Bannockburn Nickel Property Located Near Matachewan Ontario from Grid Metals Corp. (TSXV:GRDM).

Grid Metals Corp. Reports Results for Three Additional Holes from the Recently Completed Phase 1 Drill Program at its Donner Lake Lithium Property in Southeastern Manitob

Price target decreased to CA$0.47

Insufficient new directors

Grid Metals Corp. Reports Additional Diamond Drill Results from the 2022 Lithium Exploration Program At Its Donner Lake Lithium Property in Southeastern Manitoba

Grid Metals Corp. Provides Drill Update on its Makwa Nickel Property

Grid Metals Intersects 13.75 Metres of 1.53% Li2O and 8.0 Metres of 1.47% in First Two Holes At the Donner Lake Lithium Property Manitoba Canada

Grid Metals Corp. Provides an Update on its Nickel-Copper-PGM Sulfide and Lithium Pegmatite Exploration Properties

Grid Metals Corp. Provides Drilling Underway at Grid Metals Manitoba Nickel Targets

Grid Metals Corp. Reports Wide Zones of Nickel Mineralization and Higher Grade Core At Bannockburn Nickel Property

Grid Metals Corp. announced that it has received CAD 1.650356 million in funding from Lithium Royalty Corp.

Grid Provides Manitoba Project Update

Grid Metals Corp. Announces Positive Metallurgical Test Results and Initial Rhodium Assays for East Bull Lake

Grid Metals Corp. Provides Update on Exploration Activities At Bannockburn Nickel and East Bull Lake Palldium Properties

Grid Metals Reports New Drill Results from East Bull Lake Palladium Property

Grid Metals Corp. announced that it has received CAD 3.5 million in funding

Grid Metals Corp. Reports New Results from Three Additional Drill Holes from the Central Parisien Lake Zone

Grid Metals Commences Drilling At Bannockburn Nickel Project

Grid Metals Corp. Provides New Drill Results from East Bull Lake

Grid Metals Corp. Files NI 43-101 Report on Bannockburn Nickel Property

New 90-day high: CA$0.26

Grid Metals Corp. Announces Further Drilling Results from Its Fall 2020 Program At Its 100% Owned East Bull Lake Palladium Property in Ontario

Grid Metals Corp. Commences Drill Program At East Bull Lake Palladium Property

Grid Metals Corp. announced that it has received CAD 2.742965 million in funding

Grid Metals Corp. announced that it expects to receive CAD 2.25 million in funding

Grid Metals Makes Significant Palladium Discovery at East Bull Lake

Grid Metals Corp., Annual General Meeting, Jan 06, 2021

Grid Metals Corp. Provides an Update Regarding its 2020 Exploration Program at its 100% Owned East Bull Lake Palladium Property in Ontario

Grid Metals Corp. Provides Further Update at East Bull Lake Drilling Commences

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure