Magnetic North Acquisition Corp.

TSXV:MNC Stock Report

Market Cap: CA$5.6m

Magnetic North Acquisition Management

Management criteria checks 3/4

Magnetic North Acquisition's CEO is Kevin Spall, appointed in Oct 2019, has a tenure of 5.25 years. directly owns 28.94% of the company’s shares, worth CA$1.62M. The average tenure of the management team and the board of directors is 5.3 years and 5.2 years respectively.

Key information

Kevin Spall

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure5.3yrs
CEO ownership28.9%
Management average tenure5.3yrs
Board average tenure5.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Kevin Spall's remuneration changed compared to Magnetic North Acquisition's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-CA$3m

Jun 30 2024n/an/a

-CA$3m

Mar 31 2024n/an/a

-CA$2m

Dec 31 2023n/an/a

-CA$1m

Sep 30 2023n/an/a

-CA$10m

Jun 30 2023n/an/a

-CA$5m

Mar 31 2023n/an/a

-CA$6m

Dec 31 2022CA$150kCA$150k

-CA$6m

Sep 30 2022n/an/a

CA$2m

Jun 30 2022n/an/a

-CA$3m

Mar 31 2022n/an/a

-CA$3m

Dec 31 2021CA$150kCA$150k

-CA$3m

Sep 30 2021n/an/a

-CA$12m

Jun 30 2021n/an/a

-CA$12m

Mar 31 2021n/an/a

-CA$13m

Dec 31 2020CA$284kCA$223k

-CA$13m

Compensation vs Market: Insufficient data to establish whether Kevin's total compensation is reasonable compared to companies of similar size in the Canadian market.

Compensation vs Earnings: Kevin's compensation has been consistent with company performance over the past year.

CEO

Kevin Spall

5.3yrs

Tenure

CA$150,000

Compensation

Mr. Kevin Spall was Director at Magnetic North Acquisition Corp. (formerly known as Black Bull Resources Inc.). since August 2, 2018. Mr. Spall is the Co-Chief Executive Officer & Director at Magnetic Nort...

Leadership Team

NamePositionTenureCompensationOwnership
Kevin Spall
Co-CEO & Director5.3yrsCA$150.00k28.94%
CA$ 1.6m
Andrew Osis
Co-CEO & Director5.3yrsCA$150.00k28.94%
CA$ 1.6m
Lance McIntosh
Chief Financial Officer1.8yrsno datano data

5.3yrs

Average Tenure

Experienced Management: MNC's management team is seasoned and experienced (5.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Kevin Spall
Co-CEO & Director5.3yrsCA$150.00k28.94%
CA$ 1.6m
Andrew Osis
Co-CEO & Director5.3yrsCA$150.00k28.94%
CA$ 1.6m
Ian Wild
Independent Chairman of the Board5.3yrsno data8.66%
CA$ 486.4k
Jeff Davison
Independent Director5.1yrsno datano data
Trent Larson
Independent Director5.3yrsno data0.017%
CA$ 949.9
John Blair
Member of Board of Advisors4.4yrsno datano data
Graham Fritz
Member of Board of Advisors4.3yrsno datano data
Shahid Qureshi
Independent Director1.3yrsno datano data

5.2yrs

Average Tenure

Experienced Board: MNC's board of directors are considered experienced (5.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/07 17:28
End of Day Share Price 2025/01/07 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Magnetic North Acquisition Corp. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution