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Northern Graphite Corp V.NGC

Alternate Symbol(s):  NGPHF

Northern Graphite Corporation is a mineral resource exploration, development, and production company. It is engaged in the acquisition, exploration, development and production of graphite and other battery mineral properties. It is focused on producing natural graphite and upgrading it into high value products critical to the green economy, including anode material for lithium-ion batteries/EVs, fuel cells and graphene, as well as advanced industrial technologies. Its mining operations and projects include Lac-des-Iles (LDI), Okanjande, Bisset Creek, Mousseau West, and South Okak Project. The LDI graphite mine is located approximately two kilometers south of Lac-des-Iles, Quebec, approximately 110 km northeast of Ottawa and 180 km northwest of Montreal. The Okanjande graphite deposit, located approximately 22 km south of the town of Otjiwarongo, and the Okorusu processing plant. Its products include natural flake graphite, natural flake graphite for friction applications, and others.


TSXV:NGC - Post by User

Post by youknowwhaton Jun 13, 2024 8:13pm
74 Views
Post# 36088309

NGC MORNING BRIDF LATE EDITION

NGC MORNING BRIDF LATE EDITIONThe three little pi….not nice but please notice Hugues Jaquemin, Guillaume Jacq and Marco Zvanik the cash bonuses paid. Wow my wife was wondering if they were paid because they became experts at booking airline tickets, hotel, dinner reservations and of course quality bottles of wine. They certainly were not paid for executing for the shareholders of Northern. To think the BOARD OF DIRECTORS approved this. 

SHAREHOLDERS GO TO HELLLL WE DESERVE THIS COMPENSATION.

Executive Salaries for fiscal year 2023

Hugues total $670,289 consisting of salary $350,000 cash bonus $153,125 options $167,114. 

Guillaume’s total $388,693 consisting of salary $255,000 cash bonus $44,625 options $89,068

D Marsh total $250,000 consisting of salary

Marco Zvanik $282,275 consisting of salary $211,025 cash bonus $71,250

Kristy total $456,266 consisting of salary of $275,000, consisting of share based compensation in amount $112,500 and options in the amount of $68,766

Cash bonus above for Hugues, Guillaume and Marco were awarded as follows a direct quote page 18 of SEDAR filing on June 12 Management Information Circular

“Cash bonuses awarded for achieving certain corporate and or individual performance levels with reference to pre-set objectives”

Directors Compensation

Greg total $72,000 fees only no options

Cam total $104,668 fees $42,000 options 62,688

Don total $104,668 fees $42,000 options 62,688

Frank B total $209,114 fees 42,000 options 167,114
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