Group Eleven Resources Management

Management criteria checks 3/4

Group Eleven Resources' CEO is Bart Jaworski, appointed in Dec 2016, has a tenure of 7.92 years. total yearly compensation is CA$201.43K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 1.62% of the company’s shares, worth €421.45K. The average tenure of the management team and the board of directors is 6.9 years and 6.9 years respectively.

Key information

Bart Jaworski

Chief executive officer

CA$201.4k

Total compensation

CEO salary percentage	100.0%
CEO tenure	7.9yrs
CEO ownership	1.6%
Management average tenure	6.9yrs
Board average tenure	6.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Bart Jaworski's remuneration changed compared to Group Eleven Resources's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	-CA$3m
Jun 30 2024	n/a	n/a	-CA$2m
Mar 31 2024	n/a	n/a	-CA$2m
Dec 31 2023	CA$201k	CA$201k	-CA$2m
Sep 30 2023	n/a	n/a	-CA$2m
Jun 30 2023	n/a	n/a	-CA$2m
Mar 31 2023	n/a	n/a	-CA$3m
Dec 31 2022	CA$191k	CA$191k	-CA$2m
Sep 30 2022	n/a	n/a	-CA$2m
Jun 30 2022	n/a	n/a	-CA$2m
Mar 31 2022	n/a	n/a	-CA$2m
Dec 31 2021	CA$205k	CA$205k	-CA$2m
Sep 30 2021	n/a	n/a	-CA$2m
Jun 30 2021	n/a	n/a	-CA$2m
Mar 31 2021	n/a	n/a	-CA$2m
Dec 31 2020	CA$182k	CA$182k	-CA$2m
Sep 30 2020	n/a	n/a	-CA$2m
Jun 30 2020	n/a	n/a	-CA$2m
Mar 31 2020	n/a	n/a	-CA$2m
Dec 31 2019	CA$197k	CA$197k	-CA$3m
Sep 30 2019	n/a	n/a	-CA$3m
Jun 30 2019	n/a	n/a	-CA$3m
Mar 31 2019	n/a	n/a	-CA$3m
Dec 31 2018	CA$211k	CA$211k	-CA$3m
Sep 30 2018	n/a	n/a	-CA$3m
Jun 30 2018	n/a	n/a	-CA$3m
Mar 31 2018	n/a	n/a	-CA$3m
Dec 31 2017	CA$97k	CA$97k	-CA$2m

Compensation vs Market: Bart's total compensation ($USD143.19K) is below average for companies of similar size in the German market ($USD472.15K).

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

CEO

Bart Jaworski (50 yo)

7.9yrs

Tenure

CA$201,425

Compensation

Mr. Bart Jaworski, P.Geo., has been Chief Executive Officer & Director of Group Eleven Resources Corp. since December 2016 and serves as its President. Mr. Jaworski is Chief Executive Officer of Group Elev...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Bart Jaworski	President	7.9yrs	CA$201.43k	1.62% € 421.5k
Jeannine Patricia Webb	Chief Financial Officer	2.5yrs	CA$96.00k	no data
David Furlong	Chief Operating Officer	6.9yrs	CA$162.45k	1.16% € 301.3k
Sheryl Dhillon	Corporate Secretary	no data	no data	no data

6.9yrs

Average Tenure

51yo

Average Age

Experienced Management: 3GE's management team is seasoned and experienced (6.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Bart Jaworski	President	7.9yrs	CA$201.43k	1.62% € 421.5k
Frank Hallam	Member of Technical Advisory Board	no data	no data	no data
John Prochnau	Member of Technical Advisory Board	no data	no data	no data
Alessandro Bitelli	Independent Director	6.9yrs	CA$20.00k	0.060% € 15.7k
Daniel MacInnis	Independent Chairman of the Board	6.9yrs	CA$20.00k	0.072% € 18.8k
Peter Kenneth Megaw	Member of Technical Advisory Board	no data	no data	no data
Brendan Cahill	Independent Director	6.9yrs	CA$20.00k	0.28% € 71.6k
Michael Gentile	Non-Executive Director	no data	no data	16.91% € 4.4m
Gatlin Smeijers	Director	less than a year	no data	no data

6.9yrs

Average Tenure

65yo

Average Age

Experienced Board: 3GE's board of directors are considered experienced (6.9 years average tenure).

Group Eleven Resources Management

Management criteria checks 3/4

Key information

Recent management updates

Group Eleven Resources Corp. Announces Board Changes

Group Eleven Resources Corp. Announces Board Changes

Group Eleven Resources Corp., Annual General Meeting, Jul 22, 2024

Insufficient new directors

Group Eleven Resources Corp., Annual General Meeting, Jul 27, 2023

Group Eleven Resources Corp Appoints Jeannine Webb as Chief Financial Officer

Recent updates

Group Eleven Resources Corp. Announces Results from A Recent Step-Out Hole of the 2024 Drill Program At the 100%-Owned Ballywire Zinc-Lead-Silver Discovery, Pg West Project, Republic of Ireland

Group Eleven Resources Corp. Announces Board Changes

Group Eleven Resources Corp. Announces Board Changes

Group Eleven Resources Corp. Begins Drilling Campaign on Stonepark Licence Block in Limerick, Ireland

Group Eleven Resources Corp. Announces Details of Upcoming Drill Program at Carrickittle West

Group Eleven Resources Corp. Announces Results from the Most Recent Four Holes of the 2024 Drill Program

Group Eleven Resources Corp., Annual General Meeting, Jul 22, 2024

Group Eleven Resources Corp. Announces Results from the First Four Holes of the 2024 Drill Program At Ballywire Zinc-Lead-Silver Discovery, Pg West Project, Republic of Ireland

Group Eleven Extends Mineralized Footprint by 50M to North At Ballywire Zinc-Lead-Silver Discovery, Reports Additional Germanium Assays and Expands Ground Position At Stonepark

Group Eleven Resources Corp. Starts Two-Rig Step-Out Drill Program At Ballywire Zinc-Lead-Silver Discovery

Group Eleven Resources Corp. announced that it expects to receive CAD 1.5 million in funding

Group Eleven Resources Corp. Announces Drill Results from Five Step-Out Holes At its 100%-Owned Ballywire Zinc-Lead-Silver Discovery, PG West Project, Republic of Ireland

Group Eleven Resources Corp. Announces Results of Ground Gravity Survey Carried Out During June 2023 at its 100%-Owned Ballywire Zinc-Lead-Silver Discovery, PG West Project, Republic of Ireland

Insufficient new directors

New major risk - Financial position

Group Eleven Resources Corp. Adds Second Drill Rig at Ballywire Zinc-Lead-Silver-Germanium Discovery, PG West Project, Ireland

Group Eleven Resources Corp., Annual General Meeting, Jul 27, 2023

Group Eleven Resources Corp. Continues Follow-Up Drilling At Ballywire Discovery and Provides Results of Regional Drilling At Stonepark and Pg West Zinc Projects, Ireland

Group Eleven Announces Start of Follow-Up Drill Program and Reports Elevated Germanium at Ballywire Zinc Discovery, Ireland

Arkle Resources plc and Group Eleven Resources Corp. Announce Additional Drilling on Stonepark

Group Eleven Resources Corp. Re-Commences Drilling At Stonepark Project, Ireland and Provides Exploration Update

Group Eleven Discovers High-Grade Massive Sulphides Including 6.9m of 15.4% Zn+Pb and 160 g/t Ag within Wider Mineralized Interval of 66.0m at Ballywire Prospect, Ireland

Group Eleven Resources Corp. Completes Drilling At Ballywire, Adds New License At Tullacondra and Proceeds with Drill Planning At Carrickittle West, PG West Project, Ireland

Group Eleven Resources Corp. Provides an Update on Its Zinc Exploration Drilling At the Stonepark Project Ireland

Group Eleven Resources Corp Appoints Jeannine Webb as Chief Financial Officer

Group Eleven Resources Corp. Reports Assay Results at Tullacondra Cu-Ag Prospect, Near PG West Project, Ireland

Group Eleven Resources Corp., Annual General Meeting, Jun 14, 2022

Group Eleven Resources Corp. Reports Results from First-Pass Reconnaissance Drilling at the 1Km NW Extension at the Carrickittle Prospect Within its 100%-Owned PG West Project Ireland

Group Eleven Resources Corp. announced that it has received CAD 2.4998 million in funding

Group Eleven Resources Corp. announced that it has received CAD 2.4998 million in funding

Group Eleven Resources Corp. announced that it expects to receive CAD 1.5 million in funding

Group Eleven Resources Corp Starts Drilling at Stonepark Project, Plans Maiden Drilling at Tullacondra Prospect, PG West Project, Ireland

Group Eleven Resources Corp. Plans 2,300M Drill Program At Stonepark Project, Follow-Up Drilling At Ballywire Prospect, Pg West Project, Ireland

Group Eleven Resources Corp. Identifies High-Priority Structural Corridor Northwest of Zone 1 and 2 at Carrickittle Zinc Prospect, PG West Project, Ireland

Group Eleven Resources Corp. Intersects 3.30 Metres of 13.6% Zneq in 220-Metre Step-Out Hole at Ballywire Zinc Prospect, PG West Project, Ireland

Group Eleven Resources Corp. Starts Drill Campaign at Zone 3 and 4 of Carrickittle Zinc Prospect, PG West Project, Ireland

Group Eleven Resources Corp. Intersects 1.4 metres of 14.8% ZnEq and Drills Vein-Type Mineralization Over 100m Strike-Length at Zone 2 of the Carrickittle Zinc Prospect, Ireland

Group Eleven Announces Start of Drill Program and Results from IP Survey at Carrickittle Zinc Prospect at PG West Project, Ireland

Group Eleven Resources Corp. Announce Plans for Follow-Up Drilling At the Carrickittle Prospect At Its 100% Interest Pg West Project

Group Eleven Intersects Up To 8.7% Zinc and 3.3% Lead (12.0% combined) in Step-Out Drilling at Stonepark, Ireland

Group Eleven Resources Corp. announced that it has received CAD 1.500005 million in funding from Glencore Canada Corporation and other investors

Group Eleven Resources Corp. announced that it expects to receive CAD 1.500005 million in funding

Group Eleven Resources Corp. Intersects 7.2 metres of 23.9% Zinc, 6.6% Lead (30.5% Combined), 108 g/t Silver and 0.12% Copper in follow-up drilling at Carrickittle Prospect in Ireland

Group Eleven Announces Results of Regional Drilling at PG West Zinc Project in Ireland

Insider recently bought €77k worth of stock

Group Eleven Resources Corp. announced that it has received CAD 0.12 million in funding

Group Eleven Resources Corp. Commences Follow-Up Drilling At Carrickittle Prospect in Ireland

Group Eleven Resources Corp. announced that it has received CAD 1.55 million in funding

Group Eleven Resources Corp. announced that it expects to receive CAD 1 million in funding

Group Eleven Resources Corp. announced that it has received CAD 0.05 million in funding

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age