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Stinger Resources Inc V.STNG

Alternate Symbol(s):  STNRF

Stinger Resources Inc. is a Canada-based gold exploration and development company engaged in the exploration and development of mineral properties in Canada. The Company holds interests in gold and silver properties in British Columbia. The Company's projects include the Gold Hill and the Dunwell. The Gold Hill Property is located near Fort Steele, British Columbia. The Dunwell Property is located near Stewart, British Columbia. In addition, the Company has an option agreement to earn 100% interest in Ample Goldmax Property. Its others property includes Glitter King and Silver Side. The Ample Goldmax Property spans approximately 1,044 hectares and is located approximately 8-kilometer (km) west of Lillooet, British Columbia. The Glitter King Property is located on the eastern side of Pitt Island approximately 90 km south of Prince Rupert, British Columbia. The Silver Side Property is located in the Kamloops mining division approximately 20 km north of Clearwater, British Columbia.


TSXV:STNG - Post by User

Comment by bigboy999on Dec 01, 2023 4:01pm
157 Views
Post# 35764311

RE:a lifestyle co

RE:a lifestyle coAdd to that ............ from Sedar filings for first 9 months of 2023:

The Company has identified its directors and certain senior officers as its key management personnel. During period ended September 30, 2023, the Company incurred the following related party transactions: a) Incurred management fees in the amount of $185,400 (2022 - $165,000) to companies controlled by the Company’s Chief Executive Officer. b) Incurred management fees in the amount of $139,050 (2022 - $123,750) to companies controlled by the Company’s Chief Financial Officer. For the period ended September 30, 2022, the total remuneration of key management personnel was $324,450 (2022 - $288,750) of management fees. The Company made $100,000 advance to the Chief Executive Officer and $100,000 to Chief Financial Officer for future management fees. A retainer balance in the amount of $Nil (2022 - $1,100,000) was paid to a company controlled by a director of the company.

Add to that the compensation they recieve from from AMK and AFF and draw your own conclusions, I'll keep mine to myself ............. BB
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