Altamira Gold Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Mike Bennett

Chief executive officer

CA$180.0k

Total compensation

CEO salary percentage	100.0%
CEO tenure	6.6yrs
CEO ownership	4.9%
Management average tenure	no data
Board average tenure	7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mike Bennett's remuneration changed compared to Altamira Gold's earnings?
Date	Total Compensation	Salary	Company Earnings
Nov 30 2023	n/a	n/a	-CA$1m
Aug 31 2023	n/a	n/a	-CA$1m
May 31 2023	n/a	n/a	-CA$2m
Feb 28 2023	CA$180k	CA$180k	-CA$2m
Nov 30 2022	n/a	n/a	-CA$1m
Aug 31 2022	n/a	n/a	-CA$1m
May 31 2022	n/a	n/a	-CA$821k
Feb 28 2022	CA$180k	CA$180k	-CA$2m
Nov 30 2021	n/a	n/a	-CA$2m
Aug 31 2021	n/a	n/a	-CA$2m
May 31 2021	n/a	n/a	-CA$2m
Feb 28 2021	n/a	n/a	-CA$2m
Nov 30 2020	n/a	n/a	-CA$1m
Aug 31 2020	n/a	n/a	-CA$1m
May 31 2020	n/a	n/a	-CA$1m
Feb 29 2020	CA$156k	CA$156k	-CA$1m
Nov 30 2019	n/a	n/a	-CA$1m
Aug 31 2019	n/a	n/a	-CA$1m
May 31 2019	n/a	n/a	-CA$939k
Feb 28 2019	CA$156k	CA$156k	-CA$1m
Nov 30 2018	n/a	n/a	-CA$4m
Aug 31 2018	n/a	n/a	-CA$4m
May 31 2018	n/a	n/a	-CA$5m
Feb 28 2018	CA$78k	CA$78k	-CA$5m

Compensation vs Market: Mike's total compensation ($USD130.38K) is about average for companies of similar size in the Canadian market ($USD173.69K).

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

CEO

Mike Bennett (68 yo)

6.6yrs

Tenure

CA$180,000

Compensation

Mr. Michael J. Bennett, also known as Mike, BSc, P.Geo., has been President and Chief Executive Officer of Altamira Gold Corp. since September 14, 2017 and its Director since August 31, 2016. Mr. Bennett w...

Board Members

Name	Position	Tenure	Compensation	Ownership
Michael Bennett	President	7.7yrs	CA$180.00k	4.94% CA$ 1.4m
Ian Talbot	Independent Director	7yrs	no data	no data
Alan H. Carter	Chairman of the Board	7.5yrs	CA$75.00k	2.46% CA$ 677.9k
Quinton Hennigh	Geological Advisor	3yrs	no data	no data
Ioannis Tsitos	Independent Director	7yrs	no data	0.012% CA$ 3.2k
Andrei Giometti Sandoval Santos	Independent Director	4.8yrs	no data	no data
Pieter Roux	Independent Director	less than a year	no data	no data

7.0yrs

Average Tenure

59yo

Average Age

Experienced Board: ALTA's board of directors are considered experienced (7 years average tenure).

Altamira Gold Management

Management criteria checks 3/4

Key information

Recent management updates

Altamira Gold Corp., Annual General Meeting, Dec 07, 2023

Altamira Gold Corp., Annual General Meeting, Nov 23, 2022

President recently sold CA$143k worth of stock

President recently sold CA$168k worth of stock

Independent Director recently sold CA$51k worth of stock

President exercised options to buy CA$256k worth of stock.

Recent updates

We're Not Very Worried About Altamira Gold's (CVE:ALTA) Cash Burn Rate

Altamira Gold Corp. Adds Second Diamond Drill Rig at Maria Bonita Discovery, Cajueiro Project, Brazil

New minor risk - Shareholder dilution

Altamira Gold Corp. announced that it has received CAD 5.941175 million in funding from Crescat Portfolio Management LLC, Aura Minerals Inc.

Altamira Gold Corp. announced that it expects to receive CAD 2.5 million in funding

Altamira Gold Corp., Annual General Meeting, Dec 07, 2023

New major risk - Share price stability

We're Keeping An Eye On Altamira Gold's (CVE:ALTA) Cash Burn Rate

Here's Why We're Watching Altamira Gold's (CVE:ALTA) Cash Burn Situation

Altamira Gold Drills 69m at 1.0 g/t Gold and 71m at 0.6 g/t Gold in Step-Out Drillholes at the Maria Bonita Target, Confirming the Discovery of a Significant Gold Mineralized System at the Cajueiro Project, Brazil

Altamira Gold Corp. Receives Assay Results from Two Additional Diamond Drill Holes

Here's Why We're Watching Altamira Gold's (CVE:ALTA) Cash Burn Situation

Altamira Gold Corp., Annual General Meeting, Nov 23, 2022

Altamira Gold Corp Announces New Gold Discovery At the Maria Bonita Target, Cajueiro Project, Brazil

Altamira Gold Commences Drilling at Maria Bonita Target and Receives Initial Results from Drilling at the Cajueiro Gold Deposit

Altamira Gold Corp. Identifies Second Significant Copper Anomaly At the Santa Helena Project

Companies Like Altamira Gold (CVE:ALTA) Are In A Position To Invest In Growth

Altamira Gold Provides Drilling Update on 3 Main Project Areas: Cajueiro, Apiacas and Santa Helena

President recently sold CA$143k worth of stock

President recently sold CA$168k worth of stock

Altamira Gold Corp. Confirms Porphyry-Style Mineralization in First Three Drillholes at Santa Helena Project

Independent Director recently sold CA$51k worth of stock

Altamira Gold Commences Drilling At the Mutum Target, Apiacas Project

Altamira Gold Corp Announces Results Induced Polarization Survey over the Mutum Gold Target at Apiacas Gold Project in Brazil

Altamira Gold Corp. Completes 11 Lines of the Induced Polarization Survey over the Mutum Gold Target at its Apiacas Gold Project in Brazil

President exercised options to buy CA$256k worth of stock.

President recently sold CA$102k worth of stock

Altamira Gold Corp. Confirms Presence of Four High-Grade Vein Structures At Mutum Target, Apiacas Project, Brazil

New 90-day high: CA$0.28

Altamira Gold Corp. announced that it has received CAD 4 million in funding from Crescat Portfolio Management LLC and other investors

New 90-day high: CA$0.27

Altamira Gold Corp. announced that it expects to receive CAD 3.7 million in funding

Mineracao do Para Ltda completed the acquisition of Crepori Project in Para, Brazil from Altamira Gold Corp. (TSXV:ALTA).

New 90-day high: CA$0.24

Altamira Identifies Major Gold-In-Soil Anomaly At Maria Bonita Target, Cajueiro Gold Project, Brazil

New 90-day high: CA$0.21

Altamira Gold Corp Announces Definitive Gold Forward Purchase Agreement with Metalstream Ltd

Altamira Gold Corp. Auditor Raises 'Going Concern' Doubt