Meridian Mining UK Societas Management

Management criteria checks 2/4

Meridian Mining UK Societas' CEO is Gilbert Clark, appointed in Sep 2023, has a tenure of 1.17 years. directly owns 1.38% of the company’s shares, worth CA$1.92M. The average tenure of the management team and the board of directors is 1.3 years and 3.7 years respectively.

Key information

Gilbert Clark

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	1.2yrs
CEO ownership	1.4%
Management average tenure	1.3yrs
Board average tenure	3.7yrs

Recent management updates

Recent updates

Here's Why We're Watching Meridian Mining UK Societas' (TSE:MNO) Cash Burn Situation

Aug 16

We Think Meridian Mining UK Societas (TSE:MNO) Can Afford To Drive Business Growth

Jan 10

Is Meridian Mining UK Societas (TSE:MNO) In A Good Position To Deliver On Growth Plans?

Sep 09

We're Hopeful That Meridian Mining UK Societas (TSE:MNO) Will Use Its Cash Wisely

Nov 05

We're Keeping An Eye On Meridian Mining UK Societas' (TSE:MNO) Cash Burn Rate

Jul 14

Here's Why We're Watching Meridian Mining UK Societas' (CVE:MNO) Cash Burn Situation

Mar 14

Will Meridian Mining UK Societas (CVE:MNO) Spend Its Cash Wisely?

Nov 29

Here's Why We're Not Too Worried About Meridian Mining UK Societas' (CVE:MNO) Cash Burn Situation

Aug 10

CEO

Gilbert Clark (54 yo)

1.2yrs

Tenure

US$342,616

Compensation

Mr. Gilbert Percy Clark, B.Sc. (Geology), served as Executive Chairman at Meridian Mining UK Societas (formerly known as Meridian Mining S.E.) since January 20, 2021 until June 28, 2023 and had been its Di...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Gilbert Clark	CEO & Director	1.2yrs	US$342.62k	1.38% CA$ 1.9m
Adrian McArthur	President & Director	1.2yrs	US$248.26k	0.35% CA$ 490.3k
Soraia Morais	Chief Financial Officer	4.6yrs	US$132.34k	0.0050% CA$ 6.9k
Katherine Maclean	Head of Sustainability & External Communications	2.3yrs	no data	no data
James McLucas	Vice President of Corporate Development	no data	no data	0.066% CA$ 92.0k
Vitor De Souza Belo	Principal Mining Consultant of Brazil	no data	US$113.25k	no data
Martin McFarlane	Senior VP of Strategy & Projects	1.2yrs	no data	0.037% CA$ 51.2k
Erich Marques	Chief Geologist	1.3yrs	no data	no data
Mariana Bermudez	Corporate Secretary	2.8yrs	no data	no data

1.3yrs

Average Tenure

54yo

Average Age

Experienced Management: MNO's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Gilbert Clark	CEO & Director	1.8yrs	US$342.62k	1.38% CA$ 1.9m
Adrian McArthur	President & Director	4.3yrs	US$248.26k	0.35% CA$ 490.3k
Donald McLeod	Independent Chairman of the Board	1.1yrs	no data	0.26% CA$ 368.0k
Douglas Ford	Independent Director	1.3yrs	no data	0.14% CA$ 189.1k
Susanne Sesselmann	Independent Director	3.1yrs	US$23.38k	0.045% CA$ 63.0k
Phillip Mackey	Member of Advisory Board	3.7yrs	no data	no data
Grant Osborne	Member of Advisory Board	3.7yrs	no data	no data
William Skinner	Independent Director	3.8yrs	US$23.05k	1.68% CA$ 2.3m
Mike Ounpuu	Member of Advisory Board	3.7yrs	no data	no data
Afonso de Figueiredo	Member of Advisory Board	3.7yrs	no data	no data
John Waghorn	Member of Advisory Board	3.7yrs	no data	no data
Gilson Teixeira	Member of Advisory Board	3.7yrs	no data	no data

3.7yrs

Average Tenure

61yo

Average Age

Experienced Board: MNO's board of directors are considered experienced (3.7 years average tenure).

Meridian Mining UK Societas Management

Management criteria checks 2/4

Key information

Recent management updates

CEO & Director exercised options to buy CA$843k worth of stock.

Meridian Mining UK Societas, Annual General Meeting, Jun 04, 2024

Meridian Mining Uk Societas Appoints Mr. Bruce Mcleod as New Independent Director

Meridian Mining Uk Societas Announces Appointment of Neil Gregson as New Independent Director

Meridian Mining UK Societas Announces Management Changes

Meridian Mining Appoints Erich Marques as Chief Geologist

Recent updates

Meridian Mining UK. S Drills Significant High-Grade VMS Gold Mineralization: 75.6m @ 4.6 g/t AuEq (3.0 g/t Au, 1.0% Cu, 30.2g/t Ag & 2.5% Zn) at Santa Helena

Price target increased by 7.9% to CA$1.89

Meridian Mining UK S Announces Further Strong Results from Its Advanced Cabaçal Cu-Au-Ag Project

CEO & Director exercised options to buy CA$843k worth of stock.

Meridian Mining UK Societas Reports High-Grade Assay Results & New Geophysical Targets at Santa Helena

Meridian Mining UK S Announces Further Strong Results from its Cabaçal Cu-Au-Ag Project

Here's Why We're Watching Meridian Mining UK Societas' (TSE:MNO) Cash Burn Situation

New major risk - Financial position

Meridian Mining UK. S Reports Multiple Zones of Mineralization Including 13.4m @ 4.6g/t AuEq At Cabaçal

Meridian Mining SE's 500th Drill Hole Delivers 14.3m @ 3.7 g/t AuEq from 49.0m At Santa Helena

New minor risk - Market cap size

Meridian Mining UK.S Provides an Update on its Drilling Activities at the Cabacal and Santa Helena Mines

Meridian Mining UK. S Reports 7Km Copper in Stream Anomaly At Its Jauru Project, Brazil

Price target decreased by 11% to CA$1.67

Meridian Mining UK Societas has completed a Follow-on Equity Offering in the amount of CAD 17.5 million.

Meridian Mining UK Societas, Annual General Meeting, Jun 04, 2024

Meridian Mining UK Societas has filed a Follow-on Equity Offering in the amount of CAD 15.001 million.

New minor risk - Financial position

Meridian Mining UK Societas Reports on Cabaçal's Met Testing, Drill Results, and Permit Update

Meridian's PFS Drill Program Returns Multiple Wide, Shallow Mineralized Intercepts at Cabaçal

Meridian Mining UK. S Announces Strong Results from Its First Bore Hole Electromagnetic Surveys at its Santa Helena High-Grade Deposit

Meridian Mining UK S Commences Cabaçal's PFS & Advances Santa Helena Resource Delineation in Expansion of the Cabaçal Belt's Hub and Spoke Strategy

We Think Meridian Mining UK Societas (TSE:MNO) Can Afford To Drive Business Growth

Price target increased by 14% to CA$2.13

Meridian Mining UK S Defines Initial Exploration Target of 3.2 - 7.3 Mt at 3.0 - 3.2g/t AuEq at Santa Helena

Meridian Mining UK Reports Further Drill Results at Santa Helena & Cabacal Deposit

Meridian Mining Uk Societas Appoints Mr. Bruce Mcleod as New Independent Director

Meridian Mining Uk S Reports Gold and Base Metal Assays Up to 6.7% Cueq At Santa Helena

Meridian Mining Uk Societas Announces Appointment of Neil Gregson as New Independent Director

Meridian Mining UK S Confirms High-Grade Gold at Santa Helena

Meridian Mining UK Societas Reports Its First Drill Results in the Santa Helena Copper, Gold, Silver and Zn Mine

Is Meridian Mining UK Societas (TSE:MNO) In A Good Position To Deliver On Growth Plans?

Meridian Mining UK Societas Announces Management Changes

Meridian Mining Appoints Erich Marques as Chief Geologist

Meridian Mining Uk Societas Announces Appointment of Mr. Douglas E. Ford as New Independent Director

Meridian Mining UK S Provides an Update on Its Programs at Cabacal

Meridian Mining UK S Announces Resignation of Gilbert Clark as Executive Chairman

Meridian Mining UK S Announces Board Changes

Meridian Mining UK Societas Provides an Update on Its Geophysical Program At Cabaçal, with A Mise-A-La-Masse Survey

Meridian Mining Provides Update on Ongoing Drill Program At Cabaçal

Meridian Mining UK Societas Provides an Update on the Uncovering of the Most Significant Copper Anomaly At the Cabaçal Project

Meridian Mining UK Societas Announces Management Changes

Meridian Mining UK Societas Reports Multiple Strong Drill Results from the Cabaçal Gold-Copper VMS Deposit

Meridian Mining UK Societas announced that it expects to receive CAD 3.2501 million in funding

Meridian Mining Uk. S Report Further Assays from Drilling At the Cabaçal Gold-Copper Vms Deposit

Price target decreased to CA$1.83

High number of new and inexperienced directors

We're Hopeful That Meridian Mining UK Societas (TSE:MNO) Will Use Its Cash Wisely

Meridian Mining UK Societas Reports Further Assays from the Cabaçal Gold-Copper VMS Deposit

Meridian Mining UK S Announces Maiden Mineral Resource Estimate for Cabaçal Deposit

Meridian Mining UK Societas Provides an Update on Its Cabaçal Mine Corridor Exploration Program

Meridian Delivers Inaugural Cabaçal Database for Third Quarter 2022 Maiden Resource Estimation

Meridian Reports Initial Metallurgical Testwork Results from Cabaçal

We're Keeping An Eye On Meridian Mining UK Societas' (TSE:MNO) Cash Burn Rate

Meridian Mining UK Societas Reports Further Significant Copper-Gold-Silver Results from Cabaçal

Meridian Mining UK S Announces Extensive Exploration Update Within the 11Km Long Cabaçal Mine Corridor

Meridian Announces Discovery of New GoldSilver System at Cabaçal

President exercised options to buy CA$391k worth of stock.

Meridian Mining UK Societas Drills Significant Visible Gold Within the Cabaçal Mine & Reports Further Northwest Extension Results

Meridian Mining Uk Societas Announces the First Results of Its Ongoing Gravity Survey over Its Espigão Copper-Gold Polymetallic Project in Rondônia, Brazil

Meridian Mining UK S Announces Assays Broadest Zone of Copper-Gold Mineralization in the CNWE

Price target increased to CA$2.25

Chief Financial Officer recently sold CA$91k worth of stock

High number of new and inexperienced directors

Meridian Mining UK S Announces Multiple Holes Have Confirmed a 2nd Structure Hosting High Grade Gold Overprinting the Copper-Gold VMS Layers

Chief Financial Officer recently sold CA$91k worth of stock

Independent Director exercised options to buy CA$1.1m worth of stock.

Meridian Mining UK Societas, Annual General Meeting, Jun 28, 2022

Meridian Mining UK S Discovers New Surface Gold Trend at Cabaçal