Emerita Resources Management

Management criteria checks 3/4

Emerita Resources' CEO is Dave Gower, appointed in Aug 2018, has a tenure of 5.75 years. directly owns 1.12% of the company’s shares, worth CA$1.49M. The average tenure of the management team and the board of directors is 8.6 years and 10.4 years respectively.

Key information

Dave Gower

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	5.8yrs
CEO ownership	1.1%
Management average tenure	8.6yrs
Board average tenure	10.4yrs

Recent management updates

Recent updates

Here's Why Emerita Resources (CVE:EMO) Must Use Its Cash Wisely

Dec 20

Here's Why We're A Bit Worried About Emerita Resources' (CVE:EMO) Cash Burn Situation

Aug 25

Is Emerita Resources (CVE:EMO) In A Good Position To Deliver On Growth Plans?

Apr 12

We Think Emerita Resources (CVE:EMO) Can Afford To Drive Business Growth

Dec 18

Here's Why We're Not Too Worried About Emerita Resources' (CVE:EMO) Cash Burn Situation

Sep 01

Companies Like Emerita Resources (CVE:EMO) Are In A Position To Invest In Growth

May 15

We Think Emerita Resources (CVE:EMO) Can Afford To Drive Business Growth

Jan 30

We Think Emerita Resources (CVE:EMO) Can Afford To Drive Business Growth

May 31

CEO Compensation Analysis

How has Dave Gower's remuneration changed compared to Emerita Resources's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-CA$20m
Sep 30 2023	n/a	n/a	-CA$21m
Jun 30 2023	n/a	n/a	-CA$21m
Mar 31 2023	n/a	n/a	-CA$19m
Dec 31 2022	n/a	n/a	-CA$23m
Sep 30 2022	CA$240k	CA$240k	-CA$21m
Jun 30 2022	n/a	n/a	-CA$29m
Mar 31 2022	n/a	n/a	-CA$27m
Dec 31 2021	n/a	n/a	-CA$19m
Sep 30 2021	CA$390k	CA$240k	-CA$17m
Jun 30 2021	n/a	n/a	-CA$3m
Mar 31 2021	n/a	n/a	-CA$3m
Dec 31 2020	n/a	n/a	-CA$1m
Sep 30 2020	CA$96k	CA$96k	-CA$1m
Jun 30 2020	n/a	n/a	-CA$3m
Mar 31 2020	n/a	n/a	-CA$3m
Dec 31 2019	n/a	n/a	-CA$3m
Sep 30 2019	CA$96k	CA$96k	-CA$2m
Jun 30 2019	n/a	n/a	-CA$4m
Mar 31 2019	n/a	n/a	-CA$4m
Dec 31 2018	n/a	n/a	-CA$4m
Sep 30 2018	CA$96k	CA$96k	-CA$5m
Jun 30 2018	n/a	n/a	-CA$3m
Mar 31 2018	n/a	n/a	-CA$3m
Dec 31 2017	n/a	n/a	-CA$3m
Sep 30 2017	CA$150k	CA$90k	-CA$3m

Compensation vs Market: Insufficient data to establish whether Dave's total compensation is reasonable compared to companies of similar size in the Canadian market.

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

CEO

Dave Gower (65 yo)

5.8yrs

Tenure

CA$240,000

Compensation

Mr. David Patrick Gower, M. Sc. P. Geo. also known as Dave, had been a Director of Halcones Precious Metals Corp. since September 20, 2022 until October 2, 2023.He serves as a Director of Lithium Ionic Co...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Lawrence Guy	Executive Chairman of the Board	5.6yrs	CA$187.50k	1.32% CA$ 1.8m
David Gower	CEO & Director	5.8yrs	CA$240.00k	1.12% CA$ 1.5m
Joaquín Merino-Márquez	President & Director	11.3yrs	CA$237.79k	0.84% CA$ 1.1m
Gregory Duras	Chief Financial Officer	11.3yrs	CA$90.00k	0.30% CA$ 405.0k
Ian Parkinson	Executive Vice President of Corporate Development & Capital Markets	1.3yrs	no data	0.10% CA$ 135.0k
Damian Lopez	Corporate Secretary	8.6yrs	no data	0.52% CA$ 690.4k

8.6yrs

Average Tenure

54yo

Average Age

Experienced Management: EMO's management team is seasoned and experienced (8.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Lawrence Guy	Executive Chairman of the Board	5.6yrs	CA$187.50k	1.32% CA$ 1.8m
David Gower	CEO & Director	11.3yrs	CA$240.00k	1.12% CA$ 1.5m
Joaquín Merino-Márquez	President & Director	11.3yrs	CA$237.79k	0.84% CA$ 1.1m
Catherine Stretch	Independent Director	10.4yrs	CA$50.00k	0.65% CA$ 862.8k
Marilia Bento	Independent Director	11.6yrs	CA$50.00k	0.40% CA$ 539.5k
Michael Jones	Independent Director	3yrs	CA$50.00k	0.020% CA$ 27.0k
Jorge Blanco Aviles	Director & Director of Metallurgy	less than a year	no data	no data

10.4yrs

Average Tenure

55yo

Average Age

Experienced Board: EMO's board of directors are seasoned and experienced ( 10.4 years average tenure).

Emerita Resources Management

Management criteria checks 3/4

Key information

Recent management updates

Less than half of directors are independent

Emerita Resources Corp. Appoints Jorge A. Blanco Avilés as Director of Metallurgy

Independent Chairman of the Board recently bought CA$75k worth of stock

President & Director exercised options to buy CA$448k worth of stock.

President & Director recently sold CA$95k worth of stock

Emerita Resources Corp., Annual General Meeting, Jul 21, 2022

Recent updates

Emerita Resources Corp. announced that it has received CAD 5 million in funding

Emerita Resources Corp. Provides an Update on the Ongoing Metallurgical Testing Program and Provide Test Results

Emerita Resources Corp. announced that it expects to receive CAD 5 million in funding

Less than half of directors are independent

Emerita Resources Corp. Appoints Jorge A. Blanco Avilés as Director of Metallurgy

Emerita Resources Corp. Provides Initial Drill Results for the El Cura Deposit, Iberian Belt West Project, Spain

New minor risk - Share price stability

Here's Why Emerita Resources (CVE:EMO) Must Use Its Cash Wisely

Emerita Announces Commencement of Drilling Program at Nuevo Tintillo Project, Spain

Emerita Resources Corp. Announces Additional Drilling Results from the Ongoing Drilling Program At La Romanera Deposit

Emerita Resources Corp. Announces Planned Drilling Program At Nuevo Tintillo Project, Spain

Here's Why We're A Bit Worried About Emerita Resources' (CVE:EMO) Cash Burn Situation

New major risk - Financial position

Emerita Resources Corp. Announces Additional Assay Results from the Ongoing Drilling Program At La Romanera Deposit

Emerita Resources Corp. Announces Additional Assay Results from the Ongoing Drilling Program at La Romanera Deposit

Emerita Resources Corp. Files Ni 43-101 Technical Report on the Ibw Project

Emerita Resources Corp. announced that it expects to receive CAD 8 million in funding

Emerita Resources Corp. Announces Maiden Independent NI 43-101 Compliant Resource Estimate Based on Drill Results from the 2022-23 Resource Delineation Drilling Program At La Romanera and La Infanta Deposits

Emerita Resources Corp Intersects 4.2 Meters Grading 1.4 % Copper; 6.9 % Lead; 14.7 % Zinc; 0.31 g/t Gold and 63.7 g/t Silver, at La Infanta Deposit and Granted Permit to Further Explore IBW with Addition of Infanta Sur

Emerita Resources Corp. Announces Additional Assay Results from Ongoing Delineation Drilling Program at La Romanera Deposit

Is Emerita Resources (CVE:EMO) In A Good Position To Deliver On Growth Plans?

Emerita Resources Corp. Applies to Expand Highly Prospective Nuevo Tintillo Exploration Property, Andalusia Region Spain

Emerita Resources Corp. Announces Assay Results from 12 Additional Drill Holes from the 2022 - 2023 Delineation Drilling Program At La Romanera Deposit

Emerita Provides Diamond Drill Results, Intersects 33.1 Meters Grading 7.7% Zinc, 3.9% Lead, 0.3% Copper, 0.73 G/T Gold and 156.3 G/T Silver At La Romanera Deposit

Emerita Intersects 25.1 Meters Grading 0.3% Copper, 1.5% Lead, 6.0% Zinc, 0.74 G/T Gold and 82.0 G/T Silver at La Romanera Deposit

We Think Emerita Resources (CVE:EMO) Can Afford To Drive Business Growth

Independent Chairman of the Board recently bought CA$75k worth of stock

Emerita Resources Corp. Announces Additional Assay Results from 2022 Delineation Drilling at La Romanera Deposit at its Wholly Owned Iberian Belt West Project

Price target decreased to CA$1.20

Emerita Resources Corp. Reports Latest Drill Results and Adds 14Th Drill Rig At La Romanera

Emerita Continues to Expand La Romanera Deposit, Intersects 30 Meters Grading 3.0 G/T Gold, 67.6 G/T Silver Including 7.5 Meters Grading 7.2 G/T Gold, 41.6 G/T Silver

Emerita Resources Corp. Announces Additional Assay Results from the 2022 Delineation Drilling At the La Romanera Deposit At Its Wholly Owned Iberian Belt West Project

Emerita Extends La Romanera Deposit At Depth, Intersects 15.1 Meters Grading 6.6% Zinc, 1.3% Lead, 0.3% Copper in Deepest Intercept on the Deposit to Date

Emerita Announces Drill Results and Increases Number of Drills to 10 Rigs At the Iberia Belt West Project

Here's Why We're Not Too Worried About Emerita Resources' (CVE:EMO) Cash Burn Situation

Emerita Resources Corp. Announces Additional Assay Results from the Ongoing Delineation Drilling of the Romanera Deposit

Emerita Resources Corp. Announces Additional Assay Results from the 2022 Exploration Drilling at its Iberian Belt West (IBW) Project

Emerita Resources Corp. Announces Results of Airborne Survey At Nuevo Tintillo Project, Spain

Emerita Resources Corp. Intersects 2.77 g/t Gold, 65.9 g/t Silver 8.2% Zinc, 3.2% Lead 0.5% Copper over 24.3 Meters at the Romanera Deposit

President & Director exercised options to buy CA$448k worth of stock.

President & Director recently sold CA$95k worth of stock

Emerita Intersects 7.61 g/t Gold, 311.1 g/t Silver, 3.0% Zinc, 2.9% Lead, 0.4% Copper Over 14.3 Meters in First Hole Completed at the Romanera Deposit

Emerita Resources Corp. Announces Completion of First Hole Through the Romanera Deposit At Its Wholly-Owned Iberia Belt West Project

Emerita Resources Corp., Annual General Meeting, Jul 21, 2022

Emerita Resources Corp. Accelerates Diamond Drill Program At Romanera Deposit and Increases Program to 70,000 Meters

Companies Like Emerita Resources (CVE:EMO) Are In A Position To Invest In Growth

Emerita Resources Receives Approval for La Romanera and El Cura Deposit Drilling, Four Diamond Drills Commencing on Romanera

Price target increased to CA$4.00

Emerita Resources Corp. Permits for the Romanera and El Cura Deposit Diamond Drill Program At Its Wholly Owned Iberia Belt West Project

Emerita Resources Corp. Provides Update on Permitting Process for Romanera and El Cura Deposits

Emerita Resources Corp. Emerita Provides Update on Permitting Process for Romanera and El Cura Deposits and Operational Update

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

Emerita Provides Corporate Update and Recent Drill Results from IBW Project

We Think Emerita Resources (CVE:EMO) Can Afford To Drive Business Growth

Emerita Resources Corp. Reports Andalucian Environment Department in Huelva Province Publishes Resolution Approving Drilling West Side of IBW Project Including Romanera Deposit

Independent Chairman of the Board recently sold CA$404k worth of stock

President & Director recently sold CA$71k worth of stock

President & Director recently sold CA$364k worth of stock

Emerita Resources Corp. Intersects High Grades in Drill Hole In003 At the Infanta Deposit in Huelva Province, Spain

CEO & Director exercised options to buy CA$279k worth of stock.

Emerita Resources Corp. Receives Complete Assays for the First Two Drill Holes from the Infanta Drill Program

Emerita Resources Corp. announced that it has received CAD 20.00075 million in funding

Emerita Resources Corp. announced that it expects to receive CAD 16.0006 million in funding

Emerita Resources Corp Provides Update on Aznalcollar Court Proceedings, Spain

We Think Emerita Resources (CVE:EMO) Can Afford To Drive Business Growth

Emerita Resources Corp. Receives Resolution from Mining Department Approving Drilling At El Cura and La Romanera Targets in Addition to the La Infanta Drilling and Provides Corporate Update

Emerita Resources Corp. Provides Results of Surface Sampling from Geological Mapping Program, Iberia Belt West Project

Emerita Resources Corp., Annual General Meeting, May 07, 2021

Emerita Resources Corp. announced that it has received CAD 3 million in funding from 2176423 Ontario Ltd.