First Mining Gold Management

Management criteria checks 2/4

First Mining Gold's CEO is Dan Wilton, appointed in Jan 2019, has a tenure of 5.83 years. total yearly compensation is CA$902.52K, comprised of 38.8% salary and 61.2% bonuses, including company stock and options. directly owns 1.2% of the company’s shares, worth CA$1.62M. The average tenure of the management team and the board of directors is 4 years and 5.8 years respectively.

Key information

Dan Wilton

Chief executive officer

CA$902.5k

Total compensation

CEO salary percentage	38.8%
CEO tenure	5.8yrs
CEO ownership	1.2%
Management average tenure	4yrs
Board average tenure	5.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Dan Wilton's remuneration changed compared to First Mining Gold's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	-CA$42m
Jun 30 2024	n/a	n/a	-CA$36m
Mar 31 2024	n/a	n/a	-CA$27m
Dec 31 2023	CA$903k	CA$350k	-CA$7m
Sep 30 2023	n/a	n/a	-CA$7m
Jun 30 2023	n/a	n/a	-CA$10m
Mar 31 2023	n/a	n/a	-CA$14m
Dec 31 2022	CA$710k	CA$340k	-CA$16m
Sep 30 2022	n/a	n/a	-CA$15m
Jun 30 2022	n/a	n/a	-CA$10m
Mar 31 2022	n/a	n/a	-CA$6m
Dec 31 2021	CA$852k	CA$295k	-CA$38m
Sep 30 2021	n/a	n/a	-CA$31m
Jun 30 2021	n/a	n/a	-CA$46m
Mar 31 2021	n/a	n/a	-CA$64m
Dec 31 2020	CA$598k	CA$250k	-CA$33m
Sep 30 2020	n/a	n/a	-CA$36m
Jun 30 2020	n/a	n/a	-CA$25m
Mar 31 2020	n/a	n/a	-CA$7m
Dec 31 2019	CA$1m	CA$246k	-CA$7m

Compensation vs Market: Dan's total compensation ($USD645.70K) is above average for companies of similar size in the Canadian market ($USD169.13K).

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

CEO

Dan Wilton

5.8yrs

Tenure

CA$902,522

Compensation

Mr. Daniel William Wilton, also known as Dan, has been the Chief Executive Officer and Director at First Mining Gold Corp. since January 07, 2019. Mr. Wilton has been an Independent Director of South Star...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Daniel Wilton	CEO & Director	5.8yrs	CA$902.52k	1.2% CA$ 1.6m
Lisa Peterson	CFO & Corporate Secretary	2.2yrs	CA$650.06k	0.015% CA$ 19.6k
Stephen Lines	Vice President of Sustainability	3.9yrs	CA$485.02k	0.0031% CA$ 4.1k
James Maxwell	Vice President of Exploration & Project Operations	no data	CA$482.02k	0.038% CA$ 51.1k
Paul Morris	Director of Investor Relations	no data	no data	no data
Richard Huang	Vice President of Corporate Development	4yrs	no data	no data

4.0yrs

Average Tenure

Experienced Management: FF's management team is considered experienced (4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Daniel Wilton	CEO & Director	5.8yrs	CA$902.52k	1.2% CA$ 1.6m
Keith Neumeyer	Founder & Independent Chairman of the Board	9.7yrs	CA$215.89k	3.16% CA$ 4.3m
Raymond Polman	Independent Director	9.7yrs	CA$194.09k	0.21% CA$ 284.4k
Leanne Hall	Independent Director	4.1yrs	CA$123.29k	no data
William Tanaka	Member of Technical Advisory Committee	no data	CA$449.98k	no data
Richard Lock	Independent Director	4.6yrs	CA$132.54k	0.048% CA$ 64.4k

5.8yrs

Average Tenure

Experienced Board: FF's board of directors are considered experienced (5.8 years average tenure).

First Mining Gold Management

Management criteria checks 2/4

Key information

Recent management updates

First Mining Gold Corp., Annual General Meeting, Jun 20, 2024

Key Executive recently bought CA$63k worth of stock

Insufficient new directors

First Mining Gold Corp. Announces General Counsel & Corporate Secretary Changes

Key Executive recently bought CA$55k worth of stock

First Mining Announces Appoints Lisa M. Peterson as New Chief Financial Officer, Effective September 16, 2022

Recent updates

New minor risk - Market cap size

First Mining Identifies Eastern Extension Resource Growth Opportunity At the Springpole Gold Project

Price target decreased by 19% to CA$0.57

First Mining Gold Corp. Announces the Submission of Its Final Environmental Impact Statement / Environmental Assessment for the Springpole Gold Project

First Mining Gold Corp. announced that it has received CAD 7.3526 million in funding

First Mining Gold Corp. has completed a Composite Units Offering in the amount of CAD 7.00002 million.

First Mining Gold Corp. announced that it expects to receive CAD 5 million in funding

First Mining Announce New Assay Results for the Challenger High-Grade Gold Discovery At the Birch-Uchi Greenstone Belt Exploration Project Located in Northwestern Ontario, Canada

First Mining Gold Corp. Announces New Drilling Results from the 2024 Phase 3 Diamond Drilling Program At Its Duparquet Gold Project Located in Quebec, Canada

New major risk - Financial position

First Mining Gold Corp. announced that it has received CAD 6.95 million in funding

First Mining Gold Corp. announced that it expects to receive CAD 6 million in funding

Price target increased by 8.8% to CA$0.78

First Mining Gold Corp. Provides Update on 2024 Exploration Program At the Duparquet Gold Project

New major risk - Revenue and earnings growth

First Mining Gold Corp., Annual General Meeting, Jun 20, 2024

New major risk - Revenue and earnings growth

First Mining Gold Corp. Receives Construction Permits for A Temporary Winter Road from Ontario Ministry of Natural Resources and Forestry

First Mining Gold Corp. Announces Final 2023 Exploration Drilling Results and Commencement of 2024 Drill Program At the Duparquet Gold Project

Key Executive recently bought CA$63k worth of stock

Price target decreased by 8.8% to CA$0.65

First Mining Gold Corp. Confirms New Area of Mineralization At Central Duparquet

First Mining Gold Corp. announced that it has received CAD 10.832625 million in funding

First Mining Gold Corp. Discovers New High-Grade Gold Occurrences At Its Birch-Uchi Greenstone Belt Project

New minor risk - Shareholder dilution

Insufficient new directors

First Mining Gold Corp. announced that it expects to receive CAD 5 million in funding

New major risk - Revenue and earnings growth

First Mining Gold Corp. Defines New Gold Zone with 6.52 G/T Au over 4.6 Metres in Initial Drilling Campaign at the Duparquet Gold Project

New major risk - Financial position

New minor risk - Market cap size

First Mining Gold Corp. Announces General Counsel & Corporate Secretary Changes

First Mining Gold Corp. Delineates Encouraging Gold Targets at the Birch-Uchi Greenstone Belt Project

First Mining Gold Corp. Intersects 0.92 g/t Au Over 114 Metres and 0.75 g/t Au Over 58 Metres at its Saddle Target in the Birch-Uchi Greenstone Belt Project

First Mining Gold Corp. announced that it has received CAD 5 million in funding

First Mining Gold Corp. Advances Exploration and Identifies New Targets at the Birch-Uchi Greenstone Belt Project

Price target decreased by 8.3% to CA$0.69

Elemental Altus Royalties Corp. (TSXV:ELE) entered into a definitive agreement to acquire Non-Core Royalty Portfolio from First Mining Gold Corp. (TSX:FF) for CAD 6.7 million.

First Mining Provides Springpole Exploration Update on District-Scale Birch-Uchi Greenstone Belt

Price target decreased to CA$0.75

Price target increased to CA$0.88

First Mining Gold Corp. Files NI 43-101 Technical Report on the Updated Mineral Resource Estimate for the Duparquet Gold Project, Quebec

First Mining Gold Corp. (TSX:FF) completed the acquisition of Beattie Gold Mines Ltd.

First Mining Gold Corp. Announces Updated Mineral Resource Estimate at Duparquet Gold Project in Quebec

Key Executive recently bought CA$55k worth of stock

First Mining Gold Corp. announced that it has received CAD 5.32496 million in funding

First Mining Announces Appoints Lisa M. Peterson as New Chief Financial Officer, Effective September 16, 2022

First Mining Gold Corp. announced that it expects to receive CAD 4.95 million in funding

First Mining Gold Corp. Announces Unaudited Consolidated Impairment Results for the Quarter Ended June 30, 2022

Key Executive recently bought CA$76k worth of stock

First Mining Gold Corp. (TSX : FF) made an offer to acquire remaining 74.7% stake in Beattie Gold Mines Ltd.

Price target decreased to CA$1.07

First Mining Gold Corp., Annual General Meeting, Jun 09, 2022

First Mining Gold Corp. Announces the Appointment of Jeff Reinson as Chief Operating Officer

First Mining Gold Corp. (TSX:FF) acquired a 15.3% stake in Beattie Gold Mines Ltd. for CAD 3.4 million.

Price target decreased to CA$1.07

First Mining Gold Corp. Provides Update on Springpole Technical Programs

Key Executive recently bought CA$75k worth of stock

Key Executive recently bought CA$79k worth of stock

First Mining Gold Corp. Provides Update on Operations at Springpole Gold Project

First Mining Provides Update on Operations At Springpole Gold Project

First Mining Provides Update on Operations at Springpole Gold Project

First Mining Files Technical Report for the Positive Pre-Feasibility Study on the Springpole Gold Project, Ontario, Canada

Key Executive recently bought CA$95k worth of stock

New 90-day low: CA$0.38

Key Executive recently bought CA$99k worth of stock

Price target lowered to CA$1.17

Key Executive recently bought CA$400k worth of stock

First Mining Announces Positive Pre-Feasibility Study for the Springpole Gold Project, Ontario, Canada