Goliath Resources Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Roger Rosmus

Chief executive officer

CA$2.4m

Total compensation

CEO salary percentage	10.0%
CEO tenure	7.1yrs
CEO ownership	1.9%
Management average tenure	no data
Board average tenure	5.9yrs

Recent management updates

Recent updates

We're Not Very Worried About Goliath Resources' (CVE:GOT) Cash Burn Rate

Sep 19

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

Jun 05

CEO Compensation Analysis

How has Roger Rosmus's remuneration changed compared to Goliath Resources's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	-CA$25m
Mar 31 2024	n/a	n/a	-CA$18m
Dec 31 2023	n/a	n/a	-CA$18m
Sep 30 2023	n/a	n/a	-CA$21m
Jun 30 2023	CA$2m	CA$240k	-CA$21m
Mar 31 2023	n/a	n/a	-CA$19m
Dec 31 2022	n/a	n/a	-CA$20m
Sep 30 2022	n/a	n/a	-CA$15m
Jun 30 2022	CA$4m	CA$175k	-CA$14m
Mar 31 2022	n/a	n/a	-CA$13m
Dec 31 2021	n/a	n/a	-CA$12m
Sep 30 2021	n/a	n/a	-CA$13m
Jun 30 2021	CA$870k	CA$148k	-CA$6m
Mar 31 2021	n/a	n/a	-CA$5m
Dec 31 2020	n/a	n/a	-CA$4m
Sep 30 2020	n/a	n/a	-CA$3m
Jun 30 2020	CA$202k	CA$144k	-CA$2m
Mar 31 2020	n/a	n/a	-CA$2m
Dec 31 2019	n/a	n/a	-CA$2m
Sep 30 2019	n/a	n/a	-CA$3m
Jun 30 2019	CA$174k	CA$132k	-CA$3m
Mar 31 2019	n/a	n/a	-CA$3m
Dec 31 2018	n/a	n/a	-CA$3m
Sep 30 2018	n/a	n/a	-CA$5m
Jun 30 2018	CA$301k	CA$65k	-CA$5m

Compensation vs Market: Roger's total compensation ($USD1.71M) is above average for companies of similar size in the Canadian market ($USD166.81K).

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

CEO

Roger Rosmus (61 yo)

7.1yrs

Tenure

CA$2,403,565

Compensation

Mr. Roger Rosmus, MBA has been Chief Executive Officer and Director of Goliath Resources Limited since October 11, 2017 and serves as its and President. Mr. Rosmus is the Founder of Goliath Resources Limit...

Board Members

Name	Position	Tenure	Compensation	Ownership
Roger Rosmus	Founder	7.1yrs	CA$2.40m	1.92% CA$ 3.0m
Graham Warren	CFO, Corporate Secretary & Director	7.1yrs	CA$1.77m	1.49% CA$ 2.3m
Wayne Isaacs	Independent Director	4.8yrs	CA$93.47k	0.061% CA$ 95.0k
Rein Turna	Independent Director	1.1yrs	no data	no data

5.9yrs

Average Tenure

61.5yo

Average Age

Experienced Board: GOT's board of directors are considered experienced (5.9 years average tenure).

Goliath Resources Management

Management criteria checks 2/4

Key information

Recent management updates

Goliath Resources Limited, Annual General Meeting, Feb 15, 2024

Goliath Resources Limited Announces Board Changes

Insufficient new directors

CFO, Corporate Secretary & Director exercised options to buy CA$164k worth of stock.

Goliath Resources Limited, Annual General Meeting, Feb 07, 2023

Founder exercised options to buy CA$1.6m worth of stock.

Recent updates

New minor risk - Market cap size

Goliath Resources Concludes Successful 2024 Drill Season a Golddigger Property with Major Discoveries

Goliath Resources Limited announced that it has received CAD 16.120501 million in funding

Goliath Resources Limited announced that it has received CAD 6.499604 million in funding from Crescat Capital LLC

Goliath Resources Limited announced that it expects to receive CAD 10.11675 million in funding

Goliath Intercepts The Highest Concentration Of Visible Gold To Date At Surebet Where 66% Of 2024 Drill Holes Contain Visible Gold, Discovers New Deep Mineralized Zone 1.2 Km Below Surface, Remains Open, And Significantly Expands Drilling To 36,000 Meters With 8 Rigs Turning

Goliath Resources Limited Provides an Update on Diamond Drill Program

Goliath Resources Limited announced that it expects to receive CAD 3 million in funding

Goliath Drilling Confirms 100% of the First 8 Holes of 2024 Hit Significant Mineralization, 75% of the Holes Contain Abundant Visible Gold Up to 1.3MM in Size, Surebet Discovery, Golden Triangle B.C

Goliath Resources Limited Reports the First Set of Assay Results of the 2024 Drill Campaign At Its 100% Controlled Golddigger Property, Golden Triangle, B.C

Goliath Resources Limited Reports Four Substantially Mineralized Intercepts in Drill Hole GD-24-237 of Dense Quartz-Sulphide Breccia, Stockwork and Veining Containing Abundant Visible Gold, Galena, and Sphalerite

Goliath Resources Limited Discovers New Deep Mothership Feeder Zone At 648 Meters Downhole Containing Abundant Visible Gold in First Drill Hole of 2024 At Surebet, Golden Triangle, B.C

Goliath Starts Drilling with Two Rigs Testing Surebet Feeder Source and Magnitude, Plus Three New Outcropping High-Grade Au-Cu Targets At Golddigger Property, Golden Triangle, B.C

Goliath Resources Limited Announces Update on the Work Being Carried Out on the Surebet Discovery At Its 100% Controlled Golddigger Property, Golden Triangle, British Columbia

Goliath Resources Limited Reports Discovery of New High-Grade Gold Full Contact Target that Remains Open on Cambria Icefields at its 100% Controlled Golddigger Property, Golden Triangle, British Columbia

Goliath Resources Inc. Finds Treasure Island Discovery Up to 28.08 G/T AuEq Within Multiple Outcropping Shear-Hosted Polymetallic Zones over 550 X 450 Meters, Golddigger Property, Golden Triangle, British Columbia

Goliath Resources Limited Discovers 21.5 Oz/t AuEq in Volcanics from Bonanza-Grade Outcrop Recovered from Within a New >500 Meter Shear Zone with the Same High-Grade Gold Mineralizing System as Surebet, Bonanza and Golden Gate Zones

Goliath Resources Limited Intercepts 10.94 gpt AuEq over 9.70 Meters in the Bonanza Shear Significantly Increases Volume and Average Grade of the Multi-Layered High-Grade Surebet Gold System

Goliath Resources Limited announced that it has received CAD 3 million in funding from Crescat Capital LLC

Goliath Resources Limited, Annual General Meeting, Feb 15, 2024

Goliath Resources Limited announced that it expects to receive CAD 3 million in funding from Crescat Capital LLC and other investor

Goliath Resources Limited announced that it expects to receive CAD 3 million in funding from Crescat Capital LLC and other investor

Goliath Reports Assay Results for 10 New Drill Holes from the Surebet Discovery At Its 100% Controlled Golddigger Property, Golden Triangle, British Columbia

Goliath Resources Limited Reports Assay Results for Drill Holes GD-23-161, GD-23-165, GD-23-180, GD-23-184 and GD-23-203 from the Surebet Discovery at its 100% controlled Golddigger Property (the “Property”), Golden Triangle, British Columbia

New major risk - Shareholder dilution

Goliath Resources Limited Announces Board Changes

Goliath Resources Limited Drills 34.03 g/t AuEq Over 9 Meters at Newly Discovered Golden Gate Zone Proximal to the Feeder Source Within 11.60 g/t AuEq Over 27 Meters, Golddigger Property, Golden Triangle, B.C

Goliath Resource Limited Completes over 34,000 Meters of Drilling in 2023 for A Cumulative Total of over 65,000 Meters and Successfully Expands the Mineralized Footprint of Surebet Discovery to 1.8 Km2

Goliath Resources Limited announced that it has received CAD 8.6 million in funding from Crescat Capital LLC

Goliath Resources Limited announced that it expects to receive CAD 5 million in funding from Crescat Capital LLC

Goliath Resources Limited Drills 15.8 Meters of Assay and Extensive Sulphide Gold and Extensive Mineralization in 100% of Drill Holes over 1.8 Square Km

Goliath Resources Limited Reports Drill Holes Results for GD-23-203 from Within the Bonanza Shear, the Contact Between the Hazelton Sediments and Volcanics at its 100% Controlled Golddigger Property

Goliath Resources Limited Intercepts 14.68 g/t AuEq over 26.89 Meters at Surebet Zone, Golddigger Property, Golden Triangle, B.C

Goliath Resources Limited Drills 19.15 Meters of Abundant Visible Gold in the Newly Discovered Outcropping Golden Gate Zone

Insufficient new directors

Goliath Resources Limited Discovers Extensive Mineralization in Multiple Outcrops over 500 Meters on the Icefields That Remains Wide Open - Golden Triangle, B.C

Goliath Resources Inc. Commences Drilling At New Gold-Copper Porphyry and High-Grade Gold Breccia Targets At Its Lucky Strike Property Near Terrace, British Columbia

Goliath Resources Limited Reports Assay Results for Drill Hole GD-23-157 from the Golden Gate Feeder Zone at its 100% Controlled Golddigger Property, Golden Triangle, B.C

Goliath Resources Limited Reports First Set of Assay Results of the 2023 Drill Campaign At Its 100% Controlled Golddigger Property

Goliath Resources Limited Drills 66.34 Meters of Sulphide-Rich Quartz Breccia Including Visible Gold over 20.05 Meters

Goliath Resources Limited Announces Second Hole Drilled from Cliff Pad at Surebet Golden Gate Feeder Zone

Goliath Resources Limited Drills Second Hole from Cliff Pad that Contains Visible Gold as Well as Two Separate Intervals of Significant Mineralization at GD-23-135 Within Surebet Golden Gate Feeder Zone at its 100% Controlled Golddigger Property, Golden Triangle, British Columbia

Goliath Resources Limited Discovers Brand New Strongly Mineralized 6.5 Kilometer Trend Containing Multiple Stacked Shear Zones Dubbed the Full House Trend At Its 100 % Controlled Golddigger Property

Goliath Resources Limited Reports Three Separate Intervals of Visible Gold Drilled At Surebet Golden Gate Feeder Zone and 12.73 Meters of Mineralized Quartz-Sulphide-Rich Breccia, Golden Triangle, B.C

Goliath Resources Limited Drills More Visible Gold at Surebet Golden Gate Feeder Zone and 13.65 Meters of Highly Mineralized quartz-Sulphide-Rich Breccia, Golden Triangle, B.C

Goliath Resources Limited Drills Visible Gold and 12.47 Meters of Highly Mineralized Quartz-Sulphide-Rich Breccia At Surebet Golden Gate Feeder Zone, Golden Triangle, B.C

Goliath Resources Limited Drills Visible Gold in Multiple Holes over 1.5 Km and Discovers New Strongly Mineralized 6.5 Km Trend Containing Multiple Shear Zones, Remains Open, Golden Triangle, B.C

Goliath Resources Limited Reports Presence of Visible Gold in First Hole of the 2023 Season from its Golden Gate Feeder Zone on Surebet Discovery at its 100% Controlled Golddigger Property Covering 59,089 Hectares, Golden Triangle, British Columbia

Goliath Resources Limited Announces 18,000 Meters of Drilling Underway At Goliath's Extensive New High-Grade Gold-Silver Discovery in the Golden Triangle, B.C

Goliath Resources Limited announced that it has received CAD 9.65 million in funding

Goliath Resources Limited Reports Initial Results from the Petrographic Study Undertaken in Collaboration with the Colorado School of Mines

Goliath Resources Limited Reports the Third and Last Batch of Assay Results of the 2022 Drill Campaign on the Surebet Discovery At Golddigger Property Located in the Golden Triangle, B.C

CFO, Corporate Secretary & Director exercised options to buy CA$164k worth of stock.

Goliath Resources Limited Reports the Second Batch of Assay Results of the 2022 Drill Campaign on the Surebet Zone Discovery At Golddigger Property, Golden Triangle, B.C

Goliath Resources Limited, Annual General Meeting, Feb 07, 2023

Founder exercised options to buy CA$1.6m worth of stock.

Goliath Reports High-Grade Gold Mineralization in 96% Of First Batch Drill Hole Assays Up to 24.78 g/t AuEq Over 11.00 Meters Within Surebet Zone’s 1.6 Square Kilometer Area, Golden Triangle, B.C

Goliath Resources Limited Reports Completion of 2022 Drill Campaign on Surebet Discovery at its 100% Controlled Golddigger Property, Golden Triangle, B.C

Goliath Resources Limited Reports Presence of Multiple Grains And/Or Flakes of Visible Gold in Two Separate Holes

We're Not Very Worried About Goliath Resources' (CVE:GOT) Cash Burn Rate

Goliath Resources Limited Reports Observations from A Series of Drill Holes That Intersected Classic Surebet Zone Mineralization over an Area of 1.4 Square Kilometers That Remains Open on the Surebet Discovery At Its 100% Controlled Golddigger Property, Golden Triangle, B.C

Goliath Resources Limited Intersects 67.59 Meters of Sulphide Mineralization, Quartz Veining and Breccia on Surebet, Golden Triangle, BC

Goliath Resources Limited Reports Observations from Drill Holes Completed on Pad 9, 11, 15, A and Lake Pad on Surebet Discovery at its 100% Controlled Golddigger Property, Golden Triangle, B.C

Goliath Resources Limited Adds 5Th Drill Rig on Surebet Discovery as 100% of All Holes Intersect Mineralization

Goliath Resources Limited Drills 360 Meters of Mineralized Breccia from Surface in 1 Kilometer Step Out At Golddigger, Golden Triangle, B.C

Goliath Resources Limited Reports Continued Successful Drilling At the Surebet Discovery At Its 100% Controlled Golddigger Property, Golden Triangle, B.C

Goliath Resources Limited Reports Observations from Drilling Completed from Its J Pad Location on the Extension Target on the Surebet Discovery At Its 100% Controlled Golddigger Property, Golden Triangle, B.C

Goliath Resources Limited Drills Multiple Broad Intervals of Mineralization up to 95.5 Meters in First 2022 Hole on Golddigger, Golden Triangle B.C

Goliath Resources Limited Commences Drilling for Its Planned 24,000 Meters of Drilling on Its New and Extensive High-Grade Gold-Silver Discovery At Its 100% Controlled Golddigger Project