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Northern Graphite Corp V.NGC

Alternate Symbol(s):  NGPHF

Northern Graphite Corporation is a Canada-based flake graphite producing company. The Company 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/electric vehicles (EVs), fuel cells and graphene, as well as advanced industrial technologies. Its mining operations include Lac des Iles, Okanjande and Bissett Creek. Its products include Flake Graphite Products and Porocarb Products. The Lac des Iles (LDI) mine is the only flake graphite producer in North America. The LDI mine is located approximately two kilometers south of Lac-des-Iles, Quebec, 110 kilometers (km) northeast of Ottawa and 180 km northwest of Montreal. The Okanjande mining is located in Namibia, one of Africa's finest mining jurisdictions. It holds a 100% interest in the Bissett Creek Project, which is located around 15 km from the Trans-Canada Highway between the towns of Deep River and Mattawa, Ontario.


TSXV:NGC - Post by User

Post by youknowwhaton Jun 16, 2024 9:52am
98 Views
Post# 36091032

Ogopogo007

Ogopogo007

Just a little reminder as to why you are voting against the little piggy's. 

The 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”

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