Delta Resources Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Andre Tessier

Chief executive officer

CA$324.2k

Total compensation

CEO salary percentage	68.0%
CEO tenure	5.4yrs
CEO ownership	0.5%
Management average tenure	no data
Board average tenure	5.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Andre Tessier's remuneration changed compared to Delta Resources'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$8m
Dec 31 2023	CA$324k	CA$221k	-CA$7m
Sep 30 2023	n/a	n/a	-CA$7m
Jun 30 2023	n/a	n/a	-CA$5m
Mar 31 2023	n/a	n/a	-CA$4m
Dec 31 2022	CA$224k	CA$142k	-CA$4m
Sep 30 2022	n/a	n/a	-CA$4m
Jun 30 2022	n/a	n/a	-CA$3m
Mar 31 2022	n/a	n/a	-CA$3m
Dec 31 2021	CA$132k	CA$132k	-CA$2m
Sep 30 2021	n/a	n/a	-CA$1m
Jun 30 2021	n/a	n/a	-CA$2m
Mar 31 2021	n/a	n/a	-CA$2m
Dec 31 2020	CA$181k	CA$128k	-CA$2m
Sep 30 2020	n/a	n/a	-CA$2m
Jun 30 2020	n/a	n/a	-CA$1m
Mar 31 2020	n/a	n/a	-CA$1m
Dec 31 2019	CA$117k	CA$51k	-CA$810k

Compensation vs Market: Andre's total compensation ($USD231.34K) is below average for companies of similar size in the German market ($USD476.59K).

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

CEO

Andre Tessier (61 yo)

5.4yrs

Tenure

CA$324,223

Compensation

Mr. André C. Tessier, P. Eng., P. Geo., serves as Chief Executive Officer, President and Director of Delta Resources Limited since June 28, 2019. He serves as Independent Director at Canadian Copper Inc. s...

Board Members

Name	Position	Tenure	Compensation	Ownership
Andre Tessier	President	5.4yrs	CA$324.22k	0.46% € 56.8k
Kevin Heather	Lead Director	5.4yrs	CA$47.72k	1.03% € 127.9k
C. Reid	Director	1.3yrs	CA$82.68k	0.14% € 18.1k
Frank Candido	Chairman	17.2yrs	CA$217.66k	0.81% € 100.7k
Alain Tremblay	Member of Technical Advisory Committee	11.8yrs	no data	no data
Ron Kopas	Director	no data	no data	12.33% € 1.5m
Sara Paquet	Independent Director	4.3yrs	CA$47.72k	0.085% € 10.6k

5.4yrs

Average Tenure

59yo

Average Age

Experienced Board: 6GO1's board of directors are considered experienced (5.4 years average tenure).

Delta Resources Management

Management criteria checks 2/4

Key information

Recent management updates

Delta Resources Limited Announces the Addition of Ron Kopas to the Board of Directors

Delta Resources Limited, Annual General Meeting, Aug 28, 2024

Less than half of directors are independent

Delta Resources Limited Appoints Justin Reid to Board of Directors

Delta Resources Limited, Annual General Meeting, Jun 27, 2023

Recent updates

Delta Resources Limited Announces the Addition of Ron Kopas to the Board of Directors

Delta Resources Limited announced that it has received CAD 5 million in funding from Wealth Creation Preservation & Donation Inc. and another investor

Delta Resources Limited (TSXV:DLTA) completed the acquisition of Ternowesky property in Thunder Bay, Ontario.

Delta Resources Limited (TSXV:DLTA) agreed to acquire Ternowesky property in Thunder Bay, Ontario for CAD 0.27 million.

Delta Resources Limited, Annual General Meeting, Aug 28, 2024

New minor risk - Shareholder dilution

Delta Resources Limited (TSXV:DLTA) agreed to acquire 41 unpatented claims in Thunder Bay, Ontario from Ridge Resources Ltd. and 1544230 Ontario Inc. for CAD CAD 0.092 million.

New major risk - Financial position

Delta Resources Limited (TSXV:DLTA) completed the acquisition of 21 Claims at Delta-2 Property in Chibougamau, Quebec.

Delta Resources Limited Starts 2024 Drilling Program At Delta-1 in Thunder Bay, Ontario

Delta Resources Limited Provides 2023 Year in Review At Its Delta-1 Thunder Bay, Ontario Gold Project

Delta Resources Limited Further Increases its Gold Inventory at Delta-1 with Intercepts of 2.27 G/T over 10 Metres and 2.20 G/T over 9 Metres, in Thunder Bay, Ontario

Delta Resources Limited Intersects 2.25 G/T Au over 27.8 Metres and Multiple New High-Grade Gold Zones At Depth, At Delta-1 in Thunder Bay, Ontario

New major risk - Market cap size

Delta Resources Limited Provides Initial Assay Results from Its Second Phase of Drilling At the Delta-1 Gold Project Located 50 Km West of Thunder Bay, Ontario

Less than half of directors are independent

Delta Resources Limited Appoints Justin Reid to Board of Directors

Delta Resources Limited Announces Start of a 20,000 Metre Drill Program and Mobilizes a Second Drill Rig at the Delta-1 Property, in Thunder Bay, Ontario

Delta Resources Limited, Annual General Meeting, Jun 27, 2023

Delta Resources Limited announced that it has received CAD 10.00017 million in funding

Delta Resources Limited Announces Final Assay Results from Drill Holes D1-22-24 and D1-22-25 At the Delta-1 Gold Project

Delta Resources Provides Exploration Update on the Delta-2 VMS Property in Chibougamau, Quebec and the Delta-1 Gold Property in Thunder Bay, Ontario

Delta Resources Limited announced that it has received CAD 0.45 million in funding from SIDEX L.L.P., Societe de Developpement de la Baie James and another investor

Delta Resources Limited Begins 2023 Drilling Program at Delta-1 in Thunder Bay, Ontario

Delta Resources Limited announced that it expects to receive CAD 2.5 million in funding

Delta Resources Limited Reports Visible Gold in Two Step-Out Drill Holes At Its Delta-1 Project in Thunder Bay, Ontario

Delta Resources Limited Announces Completion of A Follow-Up Drilling Program At the Eureka Gold Deposit

Delta Resources Limited Provides Results from Its 2022 Drilling Program At the Eureka Gold Deposit, 50 Kilometres West of Thunder Bay, Ontario