Quartz Mountain Resources Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Trevor Thomas

Chief executive officer

CA$4.1k

Total compensation

CEO salary percentage	100.0%
CEO tenure	11.4yrs
CEO ownership	0.0008%
Management average tenure	no data
Board average tenure	2.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Trevor Thomas's remuneration changed compared to Quartz Mountain Resources's earnings?
Date	Total Compensation	Salary	Company Earnings
Apr 30 2024	n/a	n/a	-CA$843k
Jan 31 2024	n/a	n/a	-CA$638k
Oct 31 2023	n/a	n/a	-CA$337k
Jul 31 2023	CA$4k	CA$4k	-CA$910k
Apr 30 2023	n/a	n/a	-CA$1m
Jan 31 2023	n/a	n/a	-CA$1m
Oct 31 2022	n/a	n/a	-CA$2m
Jul 31 2022	CA$6k	CA$6k	-CA$998k
Apr 30 2022	n/a	n/a	-CA$761k
Jan 31 2022	n/a	n/a	-CA$505k
Oct 31 2021	n/a	n/a	-CA$161k
Jul 31 2021	CA$3k	CA$3k	-CA$116k
Apr 30 2021	n/a	n/a	-CA$70k
Jan 31 2021	n/a	n/a	-CA$279k
Oct 31 2020	n/a	n/a	CA$2m
Jul 31 2020	CA$4k	CA$4k	CA$3m
Apr 30 2020	n/a	n/a	CA$3m
Jan 31 2020	n/a	n/a	CA$3m
Oct 31 2019	n/a	n/a	-CA$148k
Jul 31 2019	CA$903	CA$414	-CA$154k

Compensation vs Market: Trevor's total compensation ($USD2.95K) is below average for companies of similar size in the Canadian market ($USD166.81K).

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

CEO

Trevor Thomas (57 yo)

11.4yrs

Tenure

CA$4,139

Compensation

Mr. Trevor R. Thomas, LLB, serves as Director of Quartz Mountain Resources Ltd. since February 15, 2019 and also serves as its Chief Executive Officer and President since May 30, 2023. Mr. Thomas has been...

Board Members

Name	Position	Tenure	Compensation	Ownership
Trevor Thomas	President	5.8yrs	CA$4.14k	0.00085% CA$ 170.1
Robert Dickinson	Chairman	2.5yrs	no data	36.38% CA$ 7.3m
Michael Clark	Independent Director	1.3yrs	no data	no data
Matthew Dickinson	Director	5.8yrs	no data	11.43% CA$ 2.3m
Albert Basile	Independent Director	2.1yrs	no data	0.34% CA$ 68.0k

2.5yrs

Average Tenure

57yo

Average Age

Experienced Board: QZM's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.

Quartz Mountain Resources Management

Management criteria checks 2/4

Key information

Recent management updates

Quartz Mountain Resources Ltd., Annual General Meeting, Dec 05, 2024

Director exercised options to buy CA$368k worth of stock.

Chairman recently sold CA$1.8m worth of stock

Chairman exercised options to buy CA$141k worth of stock.

Less than half of directors are independent

Chairman recently bought CA$252k worth of stock

Recent updates

Quartz Mountain Resources Ltd., Annual General Meeting, Dec 05, 2024

Quartz Mountain Resources Ltd. Completes 3,418 Metres of Core Drilling at Jake Property in British Columbia

Director exercised options to buy CA$368k worth of stock.

Chairman recently sold CA$1.8m worth of stock

Quartz Mountain Resources Ltd. announced that it expects to receive CAD 3.255 million in funding from The Sutton Group Inc and another investor.

Chairman exercised options to buy CA$141k worth of stock.

New major risk - Financial position

Less than half of directors are independent

Quartz Mountain Resources Ltd. Completes 1,445 Metres of Core Drilling At Maestro, Bc

Chairman recently bought CA$252k worth of stock

Quartz Mountain Resources Ltd. announced that it has received CAD 0.277 million in funding

Less than half of directors are independent

Chairman recently bought CA$100k worth of stock

Chairman recently bought CA$100k worth of stock

Quartz Mountain Resources Begins Drill Program Planning

Less than half of directors are independent

Quartz Mountain Resources Ltd. Announces Appointment of Myke Clark to Board of Directors

Quartz Mountain Resources Ltd., Annual General Meeting, Sep 14, 2023

Less than half of directors are independent

Quartz Mountain Resources Ltd. Announces Resignation of Leonie Tomlinson as President and Director

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

No independent directors

Quartz Mountain Resources Ltd. announced that it has received CAD 0.55 million in funding

Quartz Mountain Resources Ltd. announced that it expects to receive CAD 0.55 million in funding

No independent directors

Quartz Mountain Resources Ltd. Releases NI 43-101 Technical Report for Jake Porphyry Copper-Gold Project, BC

VP of Corporate Development & Director exercised options to buy CA$220k worth of stock.

No independent directors

VP of Corporate Development & Director exercised options to buy CA$210k worth of stock.

Quartz Mountain Resources Ltd., Annual General Meeting, Sep 08, 2022

No independent directors

Quartz Mountain Resources Ltd. Releases NI 43-101 Technical Report for Maestro Gold-Silver Project, BC

Quartz Mountain Resources Ltd. Announces Executive Changes

Less than half of directors are independent

Less than half of directors are independent

Quartz Mountain Resources Ltd. (TSXV:QZM) entered into a purchase agreement to acquire Jake mineral property from United Mineral Services Limited for CAD 0.2 million.

Less than half of directors are independent

Director exercised options to buy CA$321k worth of stock.

Director exercised options to buy CA$336k worth of stock.

Quartz Mountain Resources Ltd. (TSXV:QZM) agreed to acquire Nine Mineral Claims Located Near Houston, British Columbia for CAD 0.28 million.

CEO Compensation Analysis

CEO

Tenure

Compensation

Board Members

Average Tenure

Average Age