Alaska Energy Metals Management

Management criteria checks 3/4

Alaska Energy Metals' CEO is Greg Beischer, appointed in Mar 2007, has a tenure of 17.17 years. total yearly compensation is CA$244.09K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.23% of the company’s shares, worth CA$32.52K. The average tenure of the management team and the board of directors is 2.4 years and 0.9 years respectively.

Key information

Greg Beischer

Chief executive officer

CA$244.1k

Total compensation

CEO salary percentage	100.0%
CEO tenure	17.2yrs
CEO ownership	0.2%
Management average tenure	2.4yrs
Board average tenure	less than a year

Recent management updates

Recent updates

CEO Compensation Analysis

How has Greg Beischer's remuneration changed compared to Alaska Energy Metals's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	CA$244k	CA$244k	-CA$10m
Sep 30 2023	n/a	n/a	-CA$5m
Jun 30 2023	n/a	n/a	-CA$1m
Mar 31 2023	n/a	n/a	-CA$2m
Dec 31 2022	CA$260k	CA$260k	-CA$2m
Sep 30 2022	n/a	n/a	-CA$1m
Jun 30 2022	n/a	n/a	-CA$3m
Mar 31 2022	n/a	n/a	-CA$1m
Dec 31 2021	CA$254k	CA$254k	-CA$2m
Sep 30 2021	n/a	n/a	-CA$3m
Jun 30 2021	n/a	n/a	-CA$2m
Mar 31 2021	n/a	n/a	-CA$1m
Dec 31 2020	CA$312k	CA$266k	-CA$1m
Sep 30 2020	n/a	n/a	-CA$924k
Jun 30 2020	n/a	n/a	-CA$2m
Mar 31 2020	n/a	n/a	-CA$5m
Dec 31 2019	CA$255k	CA$236k	-CA$4m
Sep 30 2019	n/a	n/a	-CA$6m
Jun 30 2019	n/a	n/a	-CA$6m
Mar 31 2019	n/a	n/a	-CA$4m
Dec 31 2018	CA$259k	CA$259k	-CA$4m
Sep 30 2018	n/a	n/a	-CA$3m
Jun 30 2018	n/a	n/a	CA$473k
Mar 31 2018	n/a	n/a	CA$264k
Dec 31 2017	CA$280k	CA$260k	-CA$420k

Compensation vs Market: Greg's total compensation ($USD179.36K) is about average for companies of similar size in the Canadian market ($USD176.25K).

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

CEO

Greg Beischer (64 yo)

17.2yrs

Tenure

CA$244,088

Compensation

Mr. Gregory A. Beischer, B.Sc., CPG has been the President and Chief Executive Officer of Alaska Energy Metals Corporation (formerly known as Millrock Resources Inc.) since March 2007. He has been Director...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Gregory Beischer	President	17.2yrs	CA$244.09k	0.23% CA$ 32.5k
David Cross	Chief Financial Officer	3.7yrs	CA$78.00k	0.013% CA$ 1.9k
Kyle Negri	Vice President of Exploration	1.2yrs	CA$175.72k	0.014% CA$ 2.0k
Traci Hartz	Vice-President of Administration	1.2yrs	no data	no data
Gabe Graf	Chief Geoscientist	1.2yrs	no data	0.010% CA$ 1.4k
Janice Davies	Corporate Secretary	17yrs	no data	0.00017% CA$ 24.2

2.4yrs

Average Tenure

64yo

Average Age

Experienced Management: AEMC's management team is considered experienced (2.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Gregory Beischer	President	17.2yrs	CA$244.09k	0.23% CA$ 32.5k
Larry Hulbert	Member of Advisory Board	less than a year	no data	no data
Lawrence Cooper	Independent Director	12.9yrs	CA$13.63k	0.014% CA$ 2.0k
Peter Chilibeck	Independent Director	12.9yrs	CA$10.00k	0.0020% CA$ 287.7
Tyron Breytenbach	Member of Advisory Board	less than a year	no data	no data
Corri Feige	Independent Director	less than a year	CA$7.50k	no data
Alex Steiner	Member of Advisory Board	less than a year	no data	no data
Mark Begich	Independent Director	less than a year	CA$833.00	no data

0.9yrs

Average Tenure

Experienced Board: AEMC's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.

Alaska Energy Metals Management

Management criteria checks 3/4

Key information

Recent management updates

Alaska Energy Metals Corporation, Annual General Meeting, Jun 10, 2024

High number of new and inexperienced directors

Alaska Energy Metals Corporation Appoints Mark Begich to Board of Directors

Alaska Energy Metals Corporation Announces Resignation of Roland Butler as Director

Alaska Energy Metals Corporation, Annual General Meeting, Sep 29, 2023

Insufficient new directors

Recent updates

An unknown buyer acquired an unknown stake in Felix Gold Limited (ASX:FXG) from Alaska Energy Metals Corporation (TSXV:AEMC).

Alaska Energy Metals Corporation, Annual General Meeting, Jun 10, 2024

New major risk - Market cap size

New major risk - Financial position

Alaska Energy Metals Corporation Files Updated National Instrument 43-101 Technical Report for its 100% Owned Eureka Property, Nikolai Nickel Project in Alaska, USA

Alaska Energy Metals Corporation Announces Significantly Increases NI 43-101 Mineral Resource Estimate for the Eureka Deposit, Nikolai Nickel Project, Alaska, USA

Alaska Energy Metals Corporation Announces Assays from Surface Rock Sampling and Geophysical Survey Results At the Canwell Property, Nikolai Nickel Project, Alaska

Alaska Energy Metals Corporation Announces Final Drill Results from 2023 Exploration Program

Alaska Energy Metals Corporation announced that it expects to receive CAD 1 million in funding

Alaska Energy Metals Corporation Intersects 317.2 Meters Grading 0.34% Nickel Equivalent, Confirming Mineralization Along 860 Meters of Strike Length At the Nikolai Nickel Project, Alaska

High number of new and inexperienced directors

Alaska Energy Metals Corporation Appoints Mark Begich to Board of Directors

Alaska Energy Metals Corporation (TSXV:AEMC) completed the acquisition of 1413336 B.C. Ltd.

New minor risk - Share price stability

Alaska Energy Metals Corporation Announces Maiden NI43-101 Mineral Resource Estimate Exceeding 1.5 Billion Pounds of Contained Nickel for the Nikolai Nickel Project, Alaska, Usa

Alaska Energy Metals Corporation Announces Assay Results from Drill Holes EZ-23-003 & EZ-23-005

Alaska Energy Metals Intersects Nickel Sulfide Mineralization over Significant Widths, Nikolai Nickel Project, Alaska

Alaska Energy Metals Corporation (TSXV:AEMC) entered a binding Letter of Intent to acquire 1413336 B.C. Ltd. for CAD 16.7 million.

Alaska Energy Metals Corporation Announces Resignation of Roland Butler as Director

Alaska Energy Metals Corporation announced that it has received CAD 6.445 million in funding

Alaska Energy Metals Corporation announced that it expects to receive CAD 4 million in funding

Alaska Energy Metals Corporation, Annual General Meeting, Sep 29, 2023

Alaska Energy Metals Corporation announced that it has received CAD 2.60918 million in funding

Alaska Energy Metals Corporation announced that it has received CAD 2.60918 million in funding

Alaska Energy Metals Corporation announced that it expects to receive CAD 2.592 million in funding

Full year 2022 earnings released: CA$0.11 loss per share (vs CA$0.15 loss in FY 2021)

Millrock Resources Inc. Provides Exploration Drilling Update on 64North and Fairbanks Gold District Projects, Alaska

Third quarter 2022 earnings released: EPS: CA$0.008 (vs CA$0.002 loss in 3Q 2021)

Millrock Resources Inc. Provides Update on Fairbanks Gold District Exploration

Insufficient new directors

Millrock Resources Inc. Outlines Significant Exploration Target of Ni-Cu-Co-PGE Mineralization at the Nikolai Project, Alaska

Millrock Resources Inc. Receives Positive Initial Mineralogy Results from the Nikolai (Ni-Cu-Co-PGE) Project, Alaska

Illrock Resources Inc. Reports Additional Assay Results from the Sampling of Historical Core from the Eureka Zone At Its 100% Owned Nikolai Project

Millrock Resources Inc. Provides Exploration Update on Partner-Funded Alaska Gold Projects

Second quarter 2022 earnings released: CA$0.014 loss per share (vs CA$0.003 loss in 2Q 2021)

Millrock Resources Inc. Reports Drilling News from the Treasure Creek Gold Exploration Project, Fairbanks, Alaska

Millrock Resources Inc. Updates 64North Gold Project Exploration, Goodpaster Mining District, Alaska

First quarter 2022 earnings released: EPS: CA$0.001 (vs CA$0.005 loss in 1Q 2021)

Millrock Resources Inc. Reports Updates on 64North Gold Project Exploration, Goodpaster Mining District, Alaska

Millrock Resources Inc. Commences Drilling on Treasure Creek Gold Project

Full year 2021 earnings released: CA$0.015 loss per share (vs CA$0.012 loss in FY 2020)

Insufficient new directors

Millrock Resources Inc. Provides Company Update

Millrock Announces the Nikolai Nickel–Copper–Chromium–Cobalt–Platinum Group Element Project, Delta Mining District, Alaska

Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations

Second quarter 2021 earnings released: CA$0.003 loss per share (vs CA$0.002 profit in 2Q 2020)

Millrock Resources Inc. Provides Exploration Update for Alaska Gold Projects

Millrock Resources Inc. Provides Update on Its Exploration Activities at Its Goodpaster and Fairbanks Gold District Projects

First quarter 2021 earnings released: CA$0.005 loss per share (vs CA$0.008 loss in 1Q 2020)

Millrock Resources Inc. Partner Resolution Minerals Reports Drilling Results At Sunrise Prospect, 64North Gold Project, Alaska

Full year 2020 earnings released: CA$0.012 loss per share (vs CA$0.055 loss in FY 2019)

Millrock Resources Inc. announced that it has received CAD 3.146435 million in funding

Millrock Resources Inc. announced that it expects to receive CAD 2.04 million in funding

Millrock and Partner Felix Gold Expand Fairbanks Gold District Claim Footprint and Complete Airborne Geophysical Surveys at Treasure Creek Project, Alaska

Millrock Resources Inc. Reports Assay Results from Drilling and Surface Rock Sampling At West Pogo and Eagle Blocks, 64North Project, Alaska

Millrock Resources Inc. Announces Sale of Its Treasure Creek, Ester Dome, and Liberty Bell Projects

Millrock Provides Year-End Operations Update, 64North Gold Project, Alaska

Third quarter 2020 earnings released: EPS CA$0.002

Millrock Reports Update on Drilling, 64North Gold Project, Alaska

Millrock Resources Inc. Reports Assay Results from Drilling from Exploration Drill Holes

First half earnings released

New 90-day high - CA$0.30

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age