Canadian North Resources Management

Management criteria checks 3/4

Canadian North Resources' CEO is Kaihui Yang, appointed in Nov 2020, has a tenure of 3.58 years. total yearly compensation is CA$280.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 13.1% of the company’s shares, worth CA$15.75M. The average tenure of the management team and the board of directors is 3.3 years and 3.6 years respectively.

Key information

Kaihui Yang

Chief executive officer

CA$280.0k

Total compensation

CEO salary percentage	100.0%
CEO tenure	3.6yrs
CEO ownership	13.1%
Management average tenure	3.3yrs
Board average tenure	3.6yrs

Recent management updates

Recent updates

We're Keeping An Eye On Canadian North Resources' (CVE:CNRI) Cash Burn Rate

Nov 03

We're Not Very Worried About Canadian North Resources' (CVE:CNRI) Cash Burn Rate

Jul 07

CEO Compensation Analysis

How has Kaihui Yang's remuneration changed compared to Canadian North Resources's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	-CA$7m
Dec 31 2023	CA$280k	CA$280k	-CA$6m
Sep 30 2023	n/a	n/a	-CA$2m
Jun 30 2023	n/a	n/a	-CA$1m
Mar 31 2023	n/a	n/a	-CA$4m
Dec 31 2022	CA$200k	CA$200k	-CA$4m
Sep 30 2022	n/a	n/a	-CA$5m
Jun 30 2022	n/a	n/a	-CA$4m
Mar 31 2022	n/a	n/a	-CA$2m
Dec 31 2021	CA$167k	CA$167k	-CA$1m

Compensation vs Market: Kaihui's total compensation ($USD204.46K) is about average for companies of similar size in the Canadian market ($USD175.22K).

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

CEO

Kaihui Yang (60 yo)

3.6yrs

Tenure

CA$280,000

Compensation

Dr. Kaihui Yang, Ph.D. has been President, Chief Executive Officer and Director of Canadian North Resources Inc. since November 23, 2020. He served as Vice President of Zijin Mining Group Co. Ltd. since Oc...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kaihui Yang	President	3.6yrs	CA$280.00k	13.1% CA$ 15.8m
Carmelo Marrelli	Chief Financial Officer	3.3yrs	CA$74.37k	no data
Yunfeng Ma	Treasurer	1.2yrs	no data	0.043% CA$ 51.4k

3.3yrs

Average Tenure

Experienced Management: CNRI's management team is considered experienced (3.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Kaihui Yang	President	3.6yrs	CA$280.00k	13.1% CA$ 15.8m
D. Brown	Independent Director	11.2yrs	no data	0.72% CA$ 871.5k
Michael Weeks	Independent Director	3.3yrs	no data	0.092% CA$ 110.2k
Lee Quan Shim	Chairman	3.6yrs	CA$72.00k	11.45% CA$ 13.8m
Aier Wang	Independent Director	3.6yrs	no data	no data

3.6yrs

Average Tenure

66yo

Average Age

Experienced Board: CNRI's board of directors are considered experienced (3.6 years average tenure).

Canadian North Resources Management

Management criteria checks 3/4

Key information

Recent management updates

Insufficient new directors

Chairman recently bought CA$184k worth of stock

Chairman recently bought CA$200k worth of stock

Chairman recently bought CA$110k worth of stock

Chairman recently bought CA$221k worth of stock

High number of new and inexperienced directors

Recent updates

Canadian North Resources Files Ni 43-101 Technical Report on the Updated Mineral Resource Estimate for the Ferguson Lake Project in Nunavut, Canada

Canadian North Resources Inc. Provides an Update on Its Metallurgical Testing Programs At the Ferguson Lake Project

Insufficient new directors

New minor risk - Market cap size

Chairman recently bought CA$184k worth of stock

New major risk - Financial position

Canadian North Resources Inc. Further Extends Three Copper-Nickel-Cobalt-PGM Sulphide Mineralized Zones and Continues Unveiling Growth Potential at the Ferguson Lake Project in Canada

Chairman recently bought CA$200k worth of stock

Canadian North Resources Inc. Undertakes Upgrading NI43-101 Mineral Resources Report for the Ferguson Lake Nickel, Copper, Cobalt, Palladium and Platinum Project

Canadian North Resources Inc. Reports Initial Assay Results from Summer Drilling Program at Ferguson Lake Project in Nunavut, Canada

Canadian North Resources Announces the Completion of 21,126 Meter Diamond Drilling on Its 100% Owned Ferguson Lake Project in Canada

Canadian North Resources Inc. Receives an Additional $125,000 Grant Via DIG Program

Canadian North Resources Inc. announced that it expects to receive CAD 5.272451 million in funding

Canadian North Resources Inc. announced that it has received CAD 2.784848 million in funding

Canadian North Resources Inc. Reports Assay Results from the Spring Drilling Program Lake Project in Nunavut, Canada

Chairman recently bought CA$110k worth of stock

Chairman recently bought CA$221k worth of stock

Canadian North Resources Inc. Starts the Summer Phase of its 20,000-Meter Drill Program at the Ferguson Lake Nickel, Copper, Cobalt, Palladium and Platinum Project in Nunavut, Canada

Canadian North Resources Inc. Surface Sampling Identifies New Nickel-Copper-Cobalt-Palladium-Platinum Mineralized Areas At Its Ferguson Lake Project and Gold-Copper Mineralization At the Mac Island and Quartzite Lake Prospects

Canadian North Resources Inc. announced that it expects to receive CAD 9.996963 million in funding

High number of new and inexperienced directors

We're Keeping An Eye On Canadian North Resources' (CVE:CNRI) Cash Burn Rate

Canadian North Resources Inc. Completes 18,144 Meters Drilling At Its Ferguson Lake Nickel, Copper, Cobalt, Palladium and Platinum Project in Canada

Canadian North Resources Inc. Reports Assay Results for First 28 Holes Totalling 7,594 Metres of Drilling Program at its 100% Owned Ferguson Lake Property

Canadian North Resources Inc., Annual General Meeting, Oct 27, 2022

We're Not Very Worried About Canadian North Resources' (CVE:CNRI) Cash Burn Rate

Canadian North Resources Inc. Provides an Update on Ferguson Lake Base Metal and Platinum Group Metal Project in Nunavut, Canada

Canadian North Resources Inc. Announces Updated Mineral Resources for Its 100% Owned Ferguson Lake Project in Canada

Canadian North Resources Inc. Confirms High-Grade Nickel-Copper Massive Sulfides and High-Grade Palladium-Platinum Low-Sulfide Mineralization Zones at Ferguson Lake Project

No independent directors

Canadian North Resources Inc. Announces $11 Million Exploration Plan for the Ferguson Lake Nickel, Copper, Cobalt, Palladium and Platinum Project

Canadian North Resources Inc. Starts 15,000-meter Drill Program at the Ferguson Lake Nickel, Copper, Cobalt, Palladium and Platinum Project in Canada

Canadian North Resources Inc. to start NI43-101 resource estimation at the Ferguson Lake Nickel, Copper, Cobalt, Palladium and Platinum project in Canada

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age