Southstone Minerals Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Terry Tucker

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	2.9yrs
CEO ownership	14.3%
Management average tenure	no data
Board average tenure	5.7yrs

Recent management updates

Recent updates

Southstone Minerals Limited's (CVE:SML) Popularity With Investors Is Under Threat From Overpricing

May 11

CEO Compensation Analysis

How has Terry Tucker's remuneration changed compared to Southstone Minerals's earnings?
Date	Total Compensation	Salary	Company Earnings
May 31 2024	n/a	n/a	-CA$33k
Feb 29 2024	n/a	n/a	-CA$232k
Nov 30 2023	n/a	n/a	-CA$279k
Aug 31 2023	n/a	n/a	-CA$196k
May 31 2023	n/a	n/a	-CA$405k
Feb 28 2023	n/a	n/a	-CA$496k
Nov 30 2022	n/a	n/a	-CA$453k
Aug 31 2022	n/a	n/a	-CA$579k
May 31 2022	n/a	n/a	-CA$726k
Feb 28 2022	n/a	n/a	-CA$587k
Nov 30 2021	n/a	n/a	-CA$717k
Aug 31 2021	CA$83k	CA$83k	-CA$514k
May 31 2021	n/a	n/a	CA$291k
Feb 28 2021	n/a	n/a	CA$18k
Nov 30 2020	n/a	n/a	CA$95k
Aug 31 2020	CA$81k	CA$81k	CA$141k
May 31 2020	n/a	n/a	CA$365k
Feb 29 2020	n/a	n/a	CA$43k
Nov 30 2019	n/a	n/a	-CA$118k
Aug 31 2019	CA$119k	CA$119k	-CA$362k
May 31 2019	n/a	n/a	-CA$1m
Feb 28 2019	n/a	n/a	-CA$1m
Nov 30 2018	n/a	n/a	-CA$950k
Aug 31 2018	CA$209k	CA$209k	-CA$1m

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

Compensation vs Earnings: Terry's compensation has increased whilst the company is unprofitable.

CEO

Terry Tucker (58 yo)

2.9yrs

Tenure

CA$82,649

Compensation

Mr. Terry L. Tucker, B.Sc (Geology), P.Geo., serves as Chief Executive Officer and President of Kalo Gold Corp. since April 13, 2022 and also serves as Director Since September 2024. He had been the Chairm...

Board Members

Name	Position	Tenure	Compensation	Ownership
Terry Tucker	Interim CFO & CEO and Director	11.6yrs	CA$82.65k	14.3% CA$ 47.7k
Donna Moroney	Corporate Secretary & Director	less than a year	CA$67.00k	no data
Neil Budd	Independent Director	5.7yrs	CA$22.25k	no data

5.7yrs

Average Tenure

Experienced Board: SML's board of directors are considered experienced (5.7 years average tenure).

Southstone Minerals Management

Management criteria checks 1/4

Key information

Recent management updates

Less than half of directors are independent

Insufficient new directors

Insufficient new directors

Insufficient new directors

Insufficient new directors

Insufficient new directors

Recent updates

New major risk - Revenue and earnings growth

Less than half of directors are independent

Full year 2023 earnings released: CA$0.006 loss per share (vs CA$0.019 loss in FY 2022)

Insufficient new directors

New minor risk - Shareholder dilution

Southstone Minerals Limited announced that it expects to receive CAD 0.068 million in funding

Southstone Minerals Limited announced that it expects to receive CAD 0.068 million in funding

Third quarter 2023 earnings released: CA$0.003 loss per share (vs CA$0.006 loss in 3Q 2022)

Insufficient new directors

Insufficient new directors

Second quarter 2023 earnings released: CA$0.003 loss per share (vs CA$0.001 loss in 2Q 2022)

Insufficient new directors

Insufficient new directors

First quarter 2023 earnings released: EPS: CA$0 (vs CA$0.005 loss in 1Q 2022)

Insufficient new directors

Full year 2022 earnings released: CA$0.019 loss per share (vs CA$0.019 loss in FY 2021)

Southstone Minerals Limited Announces Chief Executive Officer Changes

Less than half of directors are independent

Less than half of directors are independent

Third quarter 2022 earnings released: CA$0.006 loss per share (vs CA$0.002 loss in 3Q 2021)

Southstone Minerals Limited Announces Commencement of Contract Mining Operations at Oena Diamond Mine

Southstone Minerals Limited, Annual General Meeting, Jun 08, 2022

Second quarter 2022 earnings released: CA$0.001 loss per share (vs CA$0.007 loss in 2Q 2021)

Less than half of directors are independent

First quarter 2022 earnings: Revenues in line with analyst expectations

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Third quarter 2021 earnings released: CA$0.002 loss per share (vs CA$0.005 loss in 3Q 2020)

Southstone Minerals Limited's (CVE:SML) Popularity With Investors Is Under Threat From Overpricing

Second quarter 2021 earnings released: CA$0.007 loss per share (vs CA$0.006 loss in 2Q 2020)

First quarter 2021 earnings released: EPS CA$0.003 (vs CA$0.005 in 1Q 2020)

Southstone Minerals Limited, Annual General Meeting, Apr 01, 2021

Southstone Minerals Limited Announces Resignation of Kevin Gallagher as Director

Full year 2020 earnings released: EPS CA$0.006

Outhstone Enters into Production - Exploitation Joint Venture Operating Agreement with Gumrock Mining (Pty) Ltd

CEO Compensation Analysis

CEO

Tenure

Compensation

Board Members

Average Tenure