Kobo Resources Management

Management criteria checks 3/4

Kobo Resources' CEO is Edward Gosselin, appointed in Dec 2015, has a tenure of 8.92 years. total yearly compensation is CA$203.18K, comprised of 125% salary and -25% bonuses, including company stock and options. directly owns 14.93% of the company’s shares, worth CA$4.97M. The average tenure of the management team and the board of directors is 8.9 years and 7.8 years respectively.

Key information

Edward Gosselin

Chief executive officer

CA$203.2k

Total compensation

CEO salary percentage	125.0%
CEO tenure	8.9yrs
CEO ownership	14.9%
Management average tenure	8.9yrs
Board average tenure	7.8yrs

Recent management updates

Recent updates

Will Kobo Resources (CVE:KRI) Spend Its Cash Wisely?

Dec 23

Is Kobo Resources (CVE:KRI) In A Good Position To Invest In Growth?

Sep 08

CEO Compensation Analysis

How has Edward Gosselin's remuneration changed compared to Kobo Resources's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	-CA$4m
Mar 31 2024	CA$203k	CA$254k	-CA$4m
Dec 31 2023	n/a	n/a	-CA$4m
Sep 30 2023	n/a	n/a	-CA$4m
Jun 30 2023	n/a	n/a	-CA$3m
Mar 31 2023	n/a	n/a	-CA$2m
Dec 31 2022	CA$173k	CA$173k	-CA$1m
Sep 30 2022	n/a	n/a	-CA$1m
Jun 30 2022	n/a	n/a	-CA$1m
Mar 31 2022	n/a	n/a	-CA$1m
Dec 31 2021	CA$120k	CA$120k	-CA$1m
Sep 30 2021	n/a	n/a	-CA$1m
Jun 30 2021	n/a	n/a	-CA$1m
Mar 31 2021	n/a	n/a	-CA$1m
Dec 31 2020	CA$120k	CA$120k	-CA$991k

Compensation vs Market: Edward's total compensation ($USD145.36K) is about average for companies of similar size in the Canadian market ($USD167.57K).

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

CEO

Edward Gosselin (65 yo)

8.9yrs

Tenure

CA$203,181

Compensation

Mr. Edouard Gosselin, also known as Edward, has been a Partner at Desjardins Ducharme Stein Monast since 1997. He serves as Chief Executive Officer since November 23, 2021 and Director since December 2015...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Edouard Gosselin	CEO, Corporate Secretary & Director	8.9yrs	CA$203.18k	14.93% CA$ 5.0m
Paul Sarjeant	President	9.8yrs	CA$203.18k	7.84% CA$ 2.6m
Carmelo Marrelli	Chief Financial Officer	1.2yrs	CA$32.29k	no data
Chris Picken	Exploration Manager	no data	no data	no data

8.9yrs

Average Tenure

64yo

Average Age

Experienced Management: KRI's management team is seasoned and experienced (8.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Edouard Gosselin	CEO, Corporate Secretary & Director	8.9yrs	CA$203.18k	14.93% CA$ 5.0m
Paul Sarjeant	President	9.8yrs	CA$203.18k	7.84% CA$ 2.6m
Frank Ricciuti	Chairman	9.8yrs	no data	2.51% CA$ 836.3k
Brian Scott	Independent Director	less than a year	no data	0.098% CA$ 32.5k
Patrick Gagnon	Independent Director	7.8yrs	no data	3.47% CA$ 1.2m
Joseph Hussey	Independent Director	3.8yrs	no data	1.17% CA$ 390.0k
Vivek Dharni	Independent Director	less than a year	no data	0.14% CA$ 46.4k

7.8yrs

Average Tenure

62.5yo

Average Age

Experienced Board: KRI's board of directors are considered experienced (7.8 years average tenure).

Kobo Resources Management

Management criteria checks 3/4

Key information

Recent management updates

Kobo Resources Inc. Appoints Vivek Dharni as Director

Kobo Resources Inc., Annual General Meeting, Aug 29, 2024

Kobo Resources Inc. Announces Board Changes

Insufficient new directors

Less than half of directors are independent

Recent updates

Kobo Resources Extends Highly Prospective Jagger Zone by 250 m South with Strong New Gold Intercepts, Including 7.0 M At 3.66 G/T Au and 4.0 M At 3.26 G/T Au

Kobo Resources Inc. Reports Strong Gold Intercepts At Jagger Zone

Kobo Resources Inc. Reports the First Results from Its Resume 2024 Diamond Drilling Program At the Kossou Gold Project

Kobo Resources Inc. Resumes Diamond Drilling at its 100%-Owned Kossou Gold Project with 10,000-Metre Program Focused on High-Potential Gold Targets

Kobo Resources Inc. Appoints Vivek Dharni as Director

Kobo Resources Inc. Reports Final Gold Assay Results from its Initial Diamond Drill Program

Kobo Resources Inc. Reports Significant Gold Intersections of 5.0 Metres at 4.30 g/t Au, including 1.0 Metre at 20.00 g/t Au and 2.0 Metres at 7.26 g/t Au at its Kossou Gold Project

Kobo Resources Inc. Reports Significant Gold Intersections At Its Kossou Gold Project with 9.0 Metres At 23.89 G/T Au, Including 1.0 Metre At 210.0 Metre At 4.27 G/T Au

Kobo Resources Inc. Reports Significant Gold Intersections At Its Kossou Gold Project with 9.0 Metres At 23.89 G/T Au, Including 1.0 Metre At 210.0 Metre At 4.27 G/T Au

Kobo Resources Inc., Annual General Meeting, Aug 29, 2024

Kobo Resources Inc. announced that it expects to receive CAD 7 million in funding

Kobo Resources Continues to Intersect High-Grade Gold Mineralisation At Its Kossou Gold Project with 19.0 Metres At 2.82 g/t Au, Including 3.7 Metres At 11.82 g/t Au

Kobo Resources Inc. Commences 2024 Diamond Drill Program at its 100%-Owned Kossou Gold Project

Kobo Resources Inc. Announces Board Changes

Insufficient new directors

Kobo Resources Discovers New High-Grade Mineralisation from Trenching At Its Kossou Gold Project, Including 8.56 G/T Au over 5 m and 2.76 G/T Au over 22 m; Strong Soil Geochemical Results of Up to 104 G/T Au At the Kadie Zone

Will Kobo Resources (CVE:KRI) Spend Its Cash Wisely?

Kobo Resources Inc. Supports the Structural Interpretation of Mineralisation at Kossou with Strong Gold Results of 2.67 g/t Au over 14 M and 1.68 g/t Au over 13 M at the Jagger Zone

Kobo Resources Inc. Supports the Structural Interpretation of Mineralisation at Kossou with Strong Gold Results of 2.67 g/t Au over 14 M and 1.68 g/t Au over 13 M at the Jagger Zone

New major risk - Financial position

Kobo Resources Inc. Reports Strong Gold Results from Trenching At Its Road Cut Zone with 47 M At 3.92 G/T Au and 33 M At 4.68 G/T Au; Structural Study Provides Greater Understanding of the Geology At Kossou Gold Project

Kobo Resources Inc. Confirms Significant Gold in Trenching At Its Kadie Zone with 2.27 G/T Au over 10 Metres and Elevates Target to Drill-Ready Status

Kobo Resources Inc. Reports New High-Grade Gold Intersections from Initial Trenching at its Kadie Zone with 5.16 g/t Au over 11 Metres, Including 12.92 g/t Au over 4 Metres

Is Kobo Resources (CVE:KRI) In A Good Position To Invest In Growth?

Kobo Resources Inc. Completes Initial Drilling at its Kossou Gold Project Located in Cote D'ivoire, West Africa

Kobo Resources Inc. Announces Drill Results from the First 11 Drill Holes as Part of Its Ongoing 8,000 Metre Reverse Circulation Drilling Program At the 100% Owned Kossou Gold Project Located in Cote d'Ivoire, West Africa

Kobo Resources Begins 2023 Drill Program At Its 100%-Owned Kossou Gold Project

Less than half of directors are independent

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age