Cassiar Gold Management

Management criteria checks 2/4

Cassiar Gold's CEO is Marco Baptista Roque, appointed in Jun 2020, has a tenure of 3.92 years. total yearly compensation is CA$531.94K, comprised of 53.6% salary and 46.4% bonuses, including company stock and options. directly owns 2.49% of the company’s shares, worth CA$896.88K. The average tenure of the management team and the board of directors is 2 years and 3.5 years respectively.

Key information

Marco Baptista Roque

Chief executive officer

CA$531.9k

Total compensation

CEO salary percentage	53.6%
CEO tenure	3.9yrs
CEO ownership	2.5%
Management average tenure	2yrs
Board average tenure	3.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Marco Baptista Roque's remuneration changed compared to Cassiar Gold's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-CA$1m
Sep 30 2023	CA$532k	CA$285k	-CA$2m
Jun 30 2023	n/a	n/a	-CA$3m
Mar 31 2023	n/a	n/a	-CA$3m
Dec 31 2022	n/a	n/a	-CA$3m
Sep 30 2022	CA$696k	CA$265k	-CA$3m
Jun 30 2022	n/a	n/a	-CA$2m
Mar 31 2022	n/a	n/a	-CA$1m
Dec 31 2021	n/a	n/a	-CA$1m
Sep 30 2021	CA$293k	CA$216k	-CA$2m
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$2m
Sep 30 2020	CA$279k	CA$54k	-CA$2m

Compensation vs Market: Marco's total compensation ($USD389.72K) is above average for companies of similar size in the Canadian market ($USD176.30K).

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

CEO

Marco Baptista Roque

3.9yrs

Tenure

CA$531,935

Compensation

Mr. Marco Ivan Baptista Roque has been the Chief Executive Officer of Cassiar Gold Corp. (Formerly, Margaux Resources Ltd.) since June 26, 2020 and its Director since July 1, 2020. He serves as the Preside...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Marco Baptista Roque	CEO, President & Director	3.9yrs	CA$531.94k	2.49% CA$ 896.9k
Kevin Chen	Chief Financial Officer	1.6yrs	CA$126.85k	0.13% CA$ 47.3k
Colin Birnie	Senior Geologist	2.3yrs	no data	no data
Jill Maxwell	Vice President of Exploration	1.3yrs	no data	0.076% CA$ 27.3k
Grant MacKenzie	Corporate Secretary	no data	no data	no data

2.0yrs

Average Tenure

Experienced Management: GLDC's management team is not considered experienced ( 2 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Marco Baptista Roque	CEO, President & Director	3.8yrs	CA$531.94k	2.49% CA$ 896.9k
Stephen Joseph Letwin	Independent Chairman of the Board	4.2yrs	CA$100.65k	4.47% CA$ 1.6m
Stephen Robertson	Independent Director	3.2yrs	CA$45.92k	0.087% CA$ 31.2k
David Rhys	Member of Advisory Committee	3.5yrs	no data	no data
Christopher Stewart	Independent Director	5.8yrs	CA$45.12k	0.097% CA$ 34.9k
James Maxwell	Independent Director	1.8yrs	CA$44.62k	0.12% CA$ 41.5k
Michael Wood	Independent Director	3.7yrs	CA$45.12k	0.26% CA$ 95.1k
Vernon Shein	Advisor to the Board	1.3yrs	no data	no data
Jorge Monroy	Capital Markets Advisor	1.3yrs	no data	no data

3.5yrs

Average Tenure

55.5yo

Average Age

Experienced Board: GLDC's board of directors are considered experienced (3.5 years average tenure).

Cassiar Gold Management

Management criteria checks 2/4

Key information

Recent management updates

Cassiar Gold Corp., Annual General Meeting, Mar 28, 2024

CEO, President & Director exercised options to buy CA$161k worth of stock.

Cassiar Gold Corp., Annual General Meeting, Mar 16, 2023

High number of new and inexperienced directors

CEO, President & Director exercised options to buy CA$72k worth of stock.

Cassiar Gold Corp. Appoints James Maxwell to Its Board of Directors

Recent updates

New major risk - Shareholder dilution

Cassiar Gold Corp. announced that it expects to receive CAD 2 million in funding

New major risk - Financial position

Cassiar Gold Corp., Annual General Meeting, Mar 28, 2024

Cassiar Gold Intersects 95.3 M of 0.90 G/T Au At Newcoast Regional Prospect and Identifies New Gold-Bearing Quartz Veins At Lucky

Cassiar Gold Corp. Announce Results from an Additional Seven Diamond Drill Holes from the 2023 Exploration Program At the Cassiar Gold Project, Located in Northern British Columbia

Cassiar Gold Corp. announced that it expects to receive CAD 1 million in funding

Cassiar Gold Corp. Expands Gold Mineralization At Taurus East and Wings Canyon

CEO, President & Director exercised options to buy CA$161k worth of stock.

Cassiar Gold Corp. Provides 2023 Exploration Campaign Update

New major risk - Financial position

Cassiar Gold Corp. announced that it has received CAD 0.552499 million in funding

Cassiar Gold Corp. has completed a Composite Units Offering in the amount of CAD 9.525 million.

Cassiar Gold Corp. Announces Assay Results from an Additional Five Diamond Drill Holes from the 2022 Exploration Program Completed at the Taurus Deposit

Cassiar Gold Corp., Annual General Meeting, Mar 16, 2023

Cassiar Gold Expands Mineralization At the Taurus Deposit Near-Surface and At Depth Intersecting 98.0M of 1.28 G/T Au and 70.7M of 0.76 G/T Au

Cassiar Gold Corp. Announces Assay Results from an Additional Six Diamond Drill Holes of the 2022 Exploration Program

High number of new and inexperienced directors

Cassiar Gold Expands Mineralization At the Taurus East Area, with Initial Assays of the 2022 Program Intersecting 1.50 G/T Au over 22.2 M and 4.47 G/T Au over 10.5 M

Cassiar Gold Corp. Provides Mid-Season 2022 Exploration Campaign Update

Cassiar Gold Corp. announced that it has received CAD 2.732898 million in funding

Cassiar Gold Corp. announced that it expects to receive CAD 1 million in funding

CEO, President & Director exercised options to buy CA$72k worth of stock.

Cassiar Gold Corp. Appoints James Maxwell to Its Board of Directors

Independent Chairman of the Board exercised options to buy CA$187k worth of stock.

Cassiar Gold Corp. has completed a Composite Units Offering in the amount of CAD 8 million.

Cassiar Gold Corp. has completed a Composite Units Offering in the amount of CAD 8 million.

Cassiar Gold Corp. Reports Remaining 2021 Cassiar South Drill Results; Expands Known High- Grade Mineralization At Bain Vein

Cassiar Gold Corp. Announces the Results of New Mineral Resource Estimate At Its 100% Owned Cassiar Gold Property Located in Northern British Columbia, Canada

High number of new and inexperienced directors

Cassiar Gold Corp. Announces Assay Results from the Final Three Diamond Drill Holes of its 2021 Drill Program at the Taurus Deposit in its Cassiar Gold Property in Northern British Columbia, Canada

Cassiar Gold Intersects 34.9 M of 2.56 G/T Au, 45.3 M of 1.29 G/T Au and 118.6 M of 1.01 G/T Au from Bulk-Tonnage Taurus Resource At Cassiar North

Cassiar Gold Corp. Provides Results from Additional Four Diamond Drill Holes At the Taurus Deposit Located in the Cassiar North Project

Cassiar Gold Corp. Provides Update on the 2021 Diamond Drilling Program at the Cassiar Gold Property Located in Northern British Columbia, Canada

Cassiar Gold Corp. Brings Second Drill Rig Online at South Cassiar, Continues Drilling At Taurus Deposit

Cassiar Gold Corp. Announces Commencement of Drilling

CEO, President & Director recently bought CA$51k worth of stock

Independent Chairman of the Board James Letwin has left the company

New 90-day low: CA$0.47

Cassiar Gold Corp.(TSXV:GLDC) dropped from S&P/TSX Venture Composite Index

Cassiar Gold Corp. Announces Executive Changes

Cassiar Gold Corp. Announces Assay Results for Seven More Diamond Drillholes from the Recently Completed 2020 Drill Program on the Company's 100%-Owned Cassiar Gold Property in Northern British Columbia, Canada

New 90-day low: CA$0.51

Cassiar Gold Corp. Intercepts 2.84 g/t Au over 12.3 m, 1.79 g/t Au over 23.75 m, and 29.1 g/t Au over 0.45 m at Taurus Bulk-Tonnage Gold Deposit

Cassiar Gold Corp. Appoints David Rhys to its Advisory Committee

Cassiar Gold Corp. announced that it expects to receive CAD 6 million in funding

New 90-day high: CA$0.85

Margaux Resources Ltd. Elects Michael Wood as Director

Margaux Resources Ltd. Announces Executive Changes

Margaux Resources Ltd. announced that it has received CAD 4.5 million in funding

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age