Canuc Resources Management

Management criteria checks 3/4

Canuc Resources' CEO is Chris Berlet, appointed in Apr 2017, has a tenure of 7.58 years. directly owns 11.03% of the company’s shares, worth CA$1.06M. The average tenure of the management team and the board of directors is 6.5 years and 5.9 years respectively.

Key information

Chris Berlet

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	7.6yrs
CEO ownership	11.0%
Management average tenure	6.5yrs
Board average tenure	5.9yrs

Recent management updates

Recent updates

Can Canuc Resources (CVE:CDA) Afford To Invest In Growth?

Sep 01

CEO Compensation Analysis

How has Chris Berlet's remuneration changed compared to Canuc Resources's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	-CA$1m
Mar 31 2024	n/a	n/a	-CA$1m
Dec 31 2023	n/a	n/a	-CA$2m
Sep 30 2023	n/a	n/a	-CA$3m
Jun 30 2023	n/a	n/a	-CA$2m
Mar 31 2023	n/a	n/a	-CA$2m
Dec 31 2022	CA$230k	CA$230k	-CA$2m
Sep 30 2022	n/a	n/a	-CA$4m
Jun 30 2022	n/a	n/a	-CA$5m
Mar 31 2022	n/a	n/a	-CA$5m
Dec 31 2021	CA$243k	CA$243k	-CA$6m
Sep 30 2021	n/a	n/a	-CA$5m
Jun 30 2021	n/a	n/a	-CA$4m
Mar 31 2021	n/a	n/a	-CA$4m
Dec 31 2020	CA$384k	CA$384k	-CA$2m
Sep 30 2020	n/a	n/a	-CA$2m
Jun 30 2020	n/a	n/a	-CA$989k
Mar 31 2020	n/a	n/a	-CA$828k
Dec 31 2019	CA$70k	CA$70k	-CA$588k
Sep 30 2019	n/a	n/a	-CA$2m
Jun 30 2019	n/a	n/a	-CA$2m
Mar 31 2019	n/a	n/a	-CA$3m
Dec 31 2018	CA$65k	CA$65k	-CA$3m
Jun 30 2018	n/a	n/a	-CA$1m
Mar 31 2018	n/a	n/a	-CA$3m
Dec 31 2017	CA$100k	CA$100k	-CA$4m

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

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

CEO

Chris Berlet (55 yo)

7.6yrs

Tenure

CA$230,000

Compensation

Mr. Christopher J. Berlet, also known as Chris, B.Sc. (Mining), CFA, serves as an Independent Director of New Age Metals Inc. since July 29, 2020. He serves as President, CEO & Director at Canuc Resources...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Christopher Berlet	President	7.6yrs	CA$230.00k	11.03% CA$ 1.1m
Artie Li	CFO & Director	6.5yrs	CA$76.00k	no data
Robert Finley	Senior Vice President	5.7yrs	no data	no data
Tito Montano	Vice President of Exploration	5.8yrs	no data	no data
Khadijah Samnani	Corporate Secretary	6.5yrs	no data	no data

6.5yrs

Average Tenure

Experienced Management: CDA's management team is seasoned and experienced (6.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Christopher Berlet	President	16.8yrs	CA$230.00k	11.03% CA$ 1.1m
Artie Li	CFO & Director	2.3yrs	CA$76.00k	no data
Paul Davis	Independent Director	7.7yrs	no data	no data
Marcus Chase	Independent Director	5.9yrs	no data	no data
Christopher Cheng	Independent Director	4.4yrs	no data	no data

5.9yrs

Average Tenure

Experienced Board: CDA's board of directors are considered experienced (5.9 years average tenure).

Canuc Resources Management

Management criteria checks 3/4

Key information

Recent management updates

Canuc Resources Corporation, Annual General Meeting, Mar 28, 2024

President exercised options to buy CA$37k worth of stock.

President recently bought CA$51k worth of stock

President recently bought CA$59k worth of stock

Recent updates

Second quarter 2024 earnings released: CA$0.002 loss per share (vs CA$0.003 loss in 2Q 2023)

First quarter 2024 earnings released: CA$0.001 loss per share (vs CA$0.007 loss in 1Q 2023)

Full year 2023 earnings released: CA$0.012 loss per share (vs CA$0.015 loss in FY 2022)

New major risk - Market cap size

Canuc Resources Corporation, Annual General Meeting, Mar 28, 2024

New major risk - Financial position

Third quarter 2023 earnings released: CA$0.007 loss per share (vs CA$0.002 loss in 3Q 2022)

Second quarter 2023 earnings released: CA$0.01 loss per share (vs CA$0.002 loss in 2Q 2022)

Canuc Resources Corporation (TSXV:CDA) signed an agreement to acquire An additional claim at San Javier Silver-Gold Project in Mexico.

New major risk - Shareholder dilution

Canuc Resources Corporation announced that it has received CAD 2 million in funding

First quarter 2023 earnings released: CA$0.007 loss per share (vs CA$0.006 loss in 1Q 2022)

Full year 2022 earnings released: CA$0.015 loss per share (vs CA$0.06 loss in FY 2021)

Canuc Resources Corporation announced that it has received CAD 0.68 million in funding

Third quarter 2022 earnings released: CA$0.002 loss per share (vs CA$0.011 loss in 3Q 2021)

Canuc Resources Corporation (TSXV:CDA) signed an agreements to acquire 3 Additional Claims at San Javier in Sonora State, Mexico.

Canuc Resources Corporation announced that it has received CAD 0.27 million in funding

Second quarter 2022 earnings released: CA$0.002 loss per share (vs CA$0.008 loss in 2Q 2021)

President exercised options to buy CA$37k worth of stock.

First quarter 2022 earnings released: CA$0.007 loss per share (vs CA$0.019 loss in 1Q 2021)

Canuc Resources Corporation Provides San Javier Exploration Update

Full year 2021 earnings released: CA$0.06 loss per share (vs CA$0.028 loss in FY 2020)

Canuc Resources Corporation announced that it has received CAD 0.45 million in funding

President recently bought CA$51k worth of stock

Third quarter 2021 earnings: Revenues in line with analyst expectations

President recently bought CA$59k worth of stock

Second quarter 2021 earnings released

Can Canuc Resources (CVE:CDA) Afford To Invest In Growth?

Canuc Resources Corporation Provides Update on Exploration Program at San Javier Ag-Au Project in Sonora State, Mexico

First quarter 2021 earnings released

Full year 2020 earnings released

Canuc Resources Corporation announced that it has received CAD 4.5 million in funding

Canuc Provides San Javier Exploration Update

New 90-day high: CA$0.38

Canuc Resources Corporation announced a financing transaction

Canuc Resources Corporation Commences Diamond Drill Operations at its San Javier Silver-Gold Project in Sonora State, Mexico

New 90-day high: CA$0.26

Canuc Resources Corporation(TSXV:CDA) dropped from S&P/TSX Venture Composite Index

Canuc Resources Corporation Announces Final Report from A Drone Supported Magnetic Survey Carried Out over the San Javier Ag-Au Project in Sonora State, Mexico

Canuc Resources Corporation announced that it has received CAD 0.3 million in funding

Third quarter 2020 earnings released: CA$0.01 loss per share

Canuc Resources Corporation Announces Results from Additional Rock Sampling on the San Javier Ag-Au Property

Canuc Resources Corporation Announces Preliminary Results from an Ongoing Work Program on the San Javier Silver-Gold Project

New 90-day high: CA$0.24

First half earnings released

New 90-day high - CA$0.22

Canuc Resources Corporation announced that it has received CAD 0.225 million in funding

Canuc Resources Corporation announced that it has received CAD 0.65 million in funding

Canuc Resources Corporation announced that it has received CAD 0.5175 million in funding

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure