LithiumBank Resources Management

Management criteria checks 2/4

LithiumBank Resources' CEO is Rob Shewchuk, appointed in Aug 2020, has a tenure of 3.83 years. total yearly compensation is CA$272.75K, comprised of 89.7% salary and 10.3% bonuses, including company stock and options. directly owns 3.91% of the company’s shares, worth CA$1.46M. The average tenure of the management team and the board of directors is 2.3 years and 2.9 years respectively.

Key information

Rob Shewchuk

Chief executive officer

CA$272.8k

Total compensation

CEO salary percentage	89.7%
CEO tenure	3.8yrs
CEO ownership	3.9%
Management average tenure	2.3yrs
Board average tenure	2.9yrs

Recent management updates

Recent updates

CEO

Rob Shewchuk (48 yo)

3.8yrs

Tenure

CA$272,751

Compensation

Mr. Robert William Shewchuk, also known as Rob, is a Co -Founder at LithiumBank Resources Corp. He is a Partner and Member of Board of Directors since October 2020 at Caerus Capital Partners Inc. Mr. Shewc...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Paul Matysek	Executive Chairman	2.4yrs	CA$261.00k	1.3% CA$ 487.5k
Robert Shewchuk	Co-Founder	3.8yrs	CA$272.75k	3.91% CA$ 1.5m
Ann Fehr	CFO, Controller & Corporate Secretary	1.4yrs	CA$78.00k	0.020% CA$ 7.5k
Kevin Piepgrass	Chief Operating Officer	2.3yrs	CA$195.00k	no data
Nikolas Matysek	Communications Manager	no data	no data	no data
Jon LaMothe	Vice President of Exploration	no data	no data	no data

2.3yrs

Average Tenure

51.5yo

Average Age

Experienced Management: LBNK's management team is considered experienced (2.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Paul Matysek	Executive Chairman	2.4yrs	CA$261.00k	1.3% CA$ 487.5k
Robert Shewchuk	Co-Founder	2.9yrs	CA$272.75k	3.91% CA$ 1.5m
Christopher Murray	Independent Director	2.9yrs	CA$60.00k	2.73% CA$ 1.0m
Ekaterina Zotova	Independent Director	1.2yrs	CA$25.67k	0.38% CA$ 141.8k
Steven Piepgrass	Director	2.9yrs	CA$60.00k	0.24% CA$ 90.0k

2.9yrs

Average Tenure

57yo

Average Age

Experienced Board: LBNK's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.

LithiumBank Resources Management

Management criteria checks 2/4

Key information

Recent management updates

Less than half of directors are independent

LithiumBank Resources Corp., Annual General Meeting, Apr 25, 2024

Independent Director recently bought CA$67k worth of stock

Executive Chairman exercised options to buy CA$125k worth of stock.

Executive Chairman exercised options to buy CA$492k worth of stock.

Lithiumbank Resources Corp. Announces CFO Changes

Recent updates

Less than half of directors are independent

LithiumBank Resources Corp., Annual General Meeting, Apr 25, 2024

LithiumBank Resources Corp. Announces Results from Bench-Scale G2L Greenview Resources Inc

LithiumBank Resources Corp. announced that it has received CAD 3 million in funding

LithiumBank Resources Corp. announced that it expects to receive CAD 2 million in funding

Independent Director recently bought CA$67k worth of stock

Pristine Lithium Corp. entered into a definitive agreement to acquire Three lithium brine projects in Saskatchewan from LithiumBank Resources Corp. (TSXV:LBNK).

Executive Chairman exercised options to buy CA$125k worth of stock.

LithiumBank Resources Corp. announced that it has received CAD 6.90023 million in funding

LithiumBank Resources Corp. announced that it has received CAD 6.90023 million in funding

LithiumBank Resources Corp. (TSXV:LBNK) acquired 111,282 acres of Crown Mineral Claims.

LithiumBank Resources Corp. (TSXV:LBNK) acquired 4 Million Acre Plus Portfolio of Prospective Lithium Brine Assets.

Executive Chairman exercised options to buy CA$492k worth of stock.

Lithiumbank Resources Corp. Announces CFO Changes

LithiumBank Resources Corp. Announces Assay Results from Samples Taken At Its 100% Owned Park Place Lithium Brine Project

No independent directors

LithiumBank Resources Corp. Completes Hydrogeological Study and Commences Preparation of NI 43-101 Technical Report at Kindersley, Saskatchewan

LithiumBank Resources Corp. Announces First Known Canada-Based Indicated Lithium Brine Resource Estimate At Boardwalk, Alberta

LithiumBank Resources Corp. Reports Up to 60X Grade Increase and Production of High Purity Lithium Concentrate From DLE Test Work at the Boardwalk Lithium Brine Project, Alberta, Canada

LithiumBank Resources Corp. Announces Completion of Hydrogeological Study and Well Network Design At Boardwalk Lithium Brine Project, Located in West-Central Alberta

LithiumBank Resources Corp. Commences Hydrogeological Study and Renames Fox Creek to Park Place Lithium Brine Project

LithiumBank Resources Corp. Announces the Assay Results from the Boardwalk Brine Project Located in Road Accessible West-Central. Alberta

Lithiumbank Resources Corp. Provides Corporate Update and Summary to the Ni 43-101 Inferred Mineral Resource Estimate

No independent directors

No independent directors

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age