Mosaic Minerals Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Jonathan Hamel

Chief executive officer

CA$63.0k

Total compensation

CEO salary percentage	100.0%
CEO tenure	2.8yrs
CEO ownership	0.3%
Management average tenure	no data
Board average tenure	2.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jonathan Hamel's remuneration changed compared to Mosaic Minerals's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2023	n/a	n/a	-CA$821k
Jun 30 2023	n/a	n/a	-CA$831k
Mar 31 2023	n/a	n/a	-CA$1m
Dec 31 2022	CA$63k	CA$63k	-CA$664k
Sep 30 2022	n/a	n/a	-CA$1m
Jun 30 2022	n/a	n/a	-CA$1m
Mar 31 2022	n/a	n/a	-CA$1m
Dec 31 2021	CA$23k	CA$23k	-CA$2m

Compensation vs Market: Jonathan's total compensation ($USD46.27K) is below average for companies of similar size in the Canadian market ($USD176.28K).

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

CEO

Jonathan Hamel

2.8yrs

Tenure

CA$63,000

Compensation

Mr. Jonathan Hamel serves as President & CEO at Mosaic Minerals Corp since August 31, 2021 and serves as its Director since August 2021 and also serves as its Interim Chief Financial Officer since October...

Board Members

Name	Position	Tenure	Compensation	Ownership
Jonathan Hamel	President	2.8yrs	CA$63.00k	0.27% CA$ 9.0k
Eric Beauchesne	Independent Director	3.1yrs	no data	no data
Luc Gervais	Independent Director	3.1yrs	no data	0.84% CA$ 28.0k
Charles Brulotte	Director	2.6yrs	no data	no data

2.9yrs

Average Tenure

Experienced Board: MOC's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.

Mosaic Minerals Management

Management criteria checks 1/4

Key information

Recent management updates

Mosaic Minerals Corp., Annual General Meeting, Nov 02, 2023

Mosaic Minerals Corp., Annual General Meeting, Jan 17, 2023

High number of new and inexperienced directors

Mosaic Minerals Corp. Announces Resignation of Mr. Jean Rainville as Director

High number of new and inexperienced directors

High number of new and inexperienced directors

Recent updates

Mosaic Minerals Corporation Intersects 135 Meters Grading 0.34% Nickel on Gaboury Including 0.48% Nickel on 33 Meters

Mosaic Minerals Corp. announced that it has received CAD 0.637 million in funding

Mosaic Minerals Corporation Completes Eight Drill Holes for A Total of 2,475 Meters on its Gaboury Nickel Project Located in Temiscamingue, Quebec

New major risk - Share price stability

Mosaic Minerals Corporation Starts Drilling on Gaboury Nickel

Mosaic Minerals Corporation Begins Pro Inspection Work on Amanda

Mosaic Minerals Corp., Annual General Meeting, Nov 02, 2023

New major risk - Financial position

Mosaic Minerals Corp. (CNSX:MOC) acquired Eleven Additional new mining cells in the immediate vicinity of the Abrat SM property from Arlene Explorations Ltd. for CAD 10000 and 500000 shares of the company.

Mosaic Minerals Corporation Starts Prospecting on Lichen and Adds Claims on Abrat SM, Nunavik, Quebec

Mosaic Minerals Corp. (CNSX:MOC) acquired Abrat SM Project from two prospectors for CAD 0.0189.

Mosaic Minerals Corp. (CNSX:MOC) acquired 13 new mining cells in the eastern part of its Mirabelli SM project.

Mosaic Minerals Corp. (CNSX:MOC) acquired 290 claims in the James Bay Lithium Belt.

Mosaic Minerals Corp. acquired 110 mining claims adjacent to the eastern edge of Patriot Battery Metals Corvette in James Bay from two unknown independent prospectors for approximately CAD0.17 million.

Mosaic Starts A New Drilling Campaign on Gaboury

Mosaic Minerals Corp. Starts A New Drilling Campaign on Gaboury

Mosaic Minerals Corporation Resumes Drilling on Gaboury

Mosaic Minerals Corp., Annual General Meeting, Jan 17, 2023

Mosaic Minerals Corp. Prepares Its 2023 Exploration Program for Lithium and Strategic Minerals

Mosaic Minerals Corp. (CNSX:MOC) acquired 156 mining cells covering approximately 8,325 hectares located in Jamesie, Northern Quebec.

Mosaic Minerals Corp. (CNSX:MOC) acquired 29-cell property comprising approximately 1,490 hectares in James, Canada.

High number of new and inexperienced directors

Mosaic Minerals Corporation Announces That It Has Started the Drilling Campaign of A Minimum of 1,000 Meters on the 113 North Property

Mosaic Minerals Corporation Intersects in Hole GA-22-10 A Grade of 0.23% Ni over A Strike Length of 120 Meters

Mosaic Minerals Corp. Intersects 120 Meters At A Grade of 0.23% Ni on Gaboury

Mosaic Minerals Corp. (CNSX:MOC) completed the acquisition of Gaboury and 113 North Projects from Fokus Mining Corporation (TSXV:FKM).

Mosaic Minerals Corp. (CNSX:MOC) has signed an agreement to acquire Gaboury and 113 North Projects from Fokus Mining Corporation (TSXV:FKM) for CAD 0.3 million.

Mosaic Minerals Corp. Announces Resignation of Mr. Jean Rainville as Director

Mosaic Minerals Corp. Completes the First Part of Its Drilling Campaign on Gaboury

Mosaic Minerals Corp. announced that it has received CAD 0.5 million in funding

Mosaic Minerals Corp. Begins Drilling on the Gaboury Project

High number of new and inexperienced directors

Mosaic Minerals Corporation Announces Renewal of Drilling Permit

Mosaic Minerals Corp. (CNSX:MOC) acquired 13 new claims in Témiscamingue, Quebec.

Mosaic Minerals Intersects 0.32% Nickel Over 121.50 Meters on Gaboury

Mosaic Minerals Corp. announced that it has received CAD 0.246 million in funding

Mosaic Minerals Intersects 70 Meters Anomalous Nickel Zone on Gaboury Project

High number of new and inexperienced directors

IAMGOLD Corporation (TSX:IMG) acquired 4 mining claims in Quebec from Mosaic Minerals Corp. (CNSX:MOC) for CAD 0.51 million.

Mosaic Minerals Announces Update on 113 North and Gaboury Projects

Executive VP, CFO, Corporate Secretary & Director John C. Cumming has left the company

Director Maurice Giroux has left the company

Independent Director has left the company

Mosaic Minerals Corp. Announces Resignation of Michel Lebeuf Jr. as Board of Directors

Mosaic Minerals Prepares Philibert Bloc for 1,500 Meter Drill Program

Mosaic Minerals Corp. announced that it has received CAD 0.286 million in funding

Mosaic Minerals Corp. announced that it expects to receive CAD 0.5 million in funding

Mosaic Minerals Corp. Expands Crisafy Property in Chibougamau Area, Quebec

Mosaic Minerals Corp. Completes Canalask Claims Assembly

Mosaic Minerals Corp. (CNSX:MOC) acquired Crisafy Gold Property for CAD 0.04 million.

Mosaic Minerals Corp. Appoints Michel Lebeuf Jr. and Eric Allard to the Board of Directors

CEO Compensation Analysis

CEO

Tenure

Compensation

Board Members

Average Tenure