Montage Gold Management

Management criteria checks 1/4

Montage Gold's CEO is Martino De Ciccio, appointed in Feb 2024, has a tenure of less than a year. directly owns 0.12% of the company’s shares, worth CA$359.99K. The average tenure of the management team and the board of directors is 0.3 years and 3.7 years respectively.

Key information

Martino De Ciccio

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	0.1%
Management average tenure	less than a year
Board average tenure	3.7yrs

Recent management updates

Recent updates

CEO

Martino De Ciccio

less than a year

Tenure

Mr. Martino De Ciccio, CFA, has been Chief Executive Officer of Montage Gold Corp. since February 23, 2024. He serves as Director at Northisle Copper and Gold Inc. since February 06, 2018. He served as Vic...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Hugh Stuart	President & Non-Independent Director	1.7yrs	CA$545.28k	0.29% CA$ 862.4k
Kevin Ross	Chief Operating Officer	2.6yrs	CA$223.52k	0.083% CA$ 249.1k
Adam Spencer	Executive Vice President of Corporate Development	3.8yrs	CA$507.18k	0.68% CA$ 2.1m
Martino De Ciccio	Chief Executive Officer	less than a year	no data	0.12% CA$ 360.0k
Constant Tia	Chief Financial Officer	less than a year	no data	no data
Peder Olsen	Chief Development Officer	less than a year	no data	0.12% CA$ 360.0k
Silvia Bottero	Executive Vice President of Exploration	less than a year	no data	no data
Kathy Love	Corporate Secretary	no data	no data	no data

0.3yrs

Average Tenure

59yo

Average Age

Experienced Management: MAU's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Hugh Stuart	President & Non-Independent Director	4.7yrs	CA$545.28k	0.29% CA$ 862.4k
Ronald Hochstein	Independent Director	less than a year	no data	no data
Alessandro Bitelli	Independent Director	2.8yrs	CA$220.70k	0.23% CA$ 687.6k
Richard Clark	Non-Independent Director	4.8yrs	CA$423.58k	2.77% CA$ 8.3m
Anu Dhir	Independent Director	1.9yrs	CA$162.23k	0.69% CA$ 2.1m
Peter Mitchell	Independent Non-Executive Chairman of the Board	4.6yrs	CA$240.60k	0.25% CA$ 741.0k
Aleksandra Bukacheva	Independent Director	2.6yrs	CA$230.73k	0.066% CA$ 198.0k
David Field	Independent Director	4.7yrs	CA$177.30k	0.96% CA$ 2.9m

3.7yrs

Average Tenure

60.5yo

Average Age

Experienced Board: MAU's board of directors are considered experienced (3.7 years average tenure).

Montage Gold Management

Management criteria checks 1/4

Key information

Recent management updates

Montage Gold Corp., Annual General Meeting, Jun 07, 2024

Montage Gold Announces Chief Financial Officer Changes

CEO & Director recently bought CA$204k worth of stock

President & Non-Independent Director exercised options to buy CA$186k worth of stock.

Chief Financial Officer exercised options and sold CA$180b worth of stock

Montage Gold Corp. Announces CEO Changes

Recent updates

Montage Gold Corp., Annual General Meeting, Jun 07, 2024

Montage Gold Announces Chief Financial Officer Changes

Montage Gold Corp. announced that it has received CAD 35.21 million in funding from Lundin Group and other investors

Montage Gold Corp. announced that it has received CAD 35.21 million in funding from Lundin Group and other investors

Montage Gold Corp. announced that it expects to receive CAD 20 million in funding from Lundin Group

Price target decreased by 18% to CA$1.88

Montage Gold Corp. Announces Results of the Updated Definitive Feasibility Study for the Kone Gold Project Located in Cote d'Ivoire

Price target increased by 9.5% to CA$2.30

Montage Gold Corp. Report an Updated Mineral Resource Estimate for the Koné Gold Project in Côte D'ivoire

New major risk - Financial position

CEO & Director recently bought CA$204k worth of stock

Montage Gold Corp. Releases First Results from Satellite Drill Program including 78m of 2.70g/t Gold at Gbongogo and 20m of 7.22g/t Gold at Lokolo Main

President & Non-Independent Director exercised options to buy CA$186k worth of stock.

Montage Gold Corp. (TSXV:MAU) completed the acquisition of Mankono-Sissédougou Joint Venture Project from Barrick Gold Corporation (TSX:ABX) and Endeavour Mining plc (TSX:EDV).

Is Montage Gold (CVE:MAU) In A Good Position To Invest In Growth?

Chief Financial Officer exercised options and sold CA$180b worth of stock

Montage Gold Corp. Announces Government Approval of Mankono Exploration Permits and Provides Corporate Updates

Montage Gold Corp. Announces CEO Changes

Montage Gold Corp. announced that it has received CAD 20 million in funding

Montage Gold Corp. (TSXV:MAU) entered into an agreement to acquire Mankono-Sissédougou Joint Venture Project from Barrick Gold Corporation (TSX:ABX) and Endeavour Mining plc (TSX:EDV) for CAD 30 million.

Montage Gold Corp. Announces Board Changes

High number of new and inexperienced directors

Montage Gold Corp. Expands Regional Exploration at Koné Gold Project

Montage Gold Corp., Annual General Meeting, Jun 09, 2022

Montage Gold Corp. Announces Koné Gold Project DFS with After-Tax NPV of $746 Million and 35% IRR

Montage Gold Corp. Provides an Update on the Ongoing Definitive Feasibility Study At the Koné Gold Project in Côte D'ivoire as Well as Continued Exploration Activities Within Project Area

Companies Like Montage Gold (CVE:MAU) Could Be Quite Risky

High number of new and inexperienced directors

High number of new and inexperienced directors

High number of new and inexperienced directors

High number of new and inexperienced directors

Montage Gold Corp. More Than Doubles Footprint at Koné Gold Project and Drills 8m at 3.15g/t Au 8km East of Koné

Montage Gold Corp. Reports Maiden Indicated Mineral Resource of 4.27Moz

We Think Montage Gold (CVE:MAU) Needs To Drive Business Growth Carefully

Montage Gold Corp. Reports Final Infill Drill Results and Provides Project Updates

Montage Gold Corp. Reports Infill Drill Results and Feasibility Study Update

Montage Announces Koné Gold Project PEA with After-Tax NPV of $652M and 31% IRR

Montage Reports Positive Infill Drill Results Including 4.95m Grading 22.25g/t within 200.50m Grading 1.51g/t

We're Not Worried About Montage Gold's (CVE:MAU) Cash Burn

Montage Gold Corp. Reports Positive Infill Drill Results Including 79.2m at 1.55g/t and Provides PEA Update

New 90-day low: CA$0.80

Montage Gold Corp. Reports Positive Metallurgical Test Results

New 90-day high: CA$1.01

Montage Increases Inferred Mineral Resource at Koné Deposit to 3.16Moz

Montage Gold Corp. Doubles Mineralized Strike and Depth of Koné Deposit

Montage Gold Corp. Reports Progress at Morondo Gold Project and Near-Term Milestones

Montage Gold Corp. announced that it has received CAD 0.05 million in funding

Montage Gold Corp. Announces the Start of a 50,000m Drill Program and Development Plans for Its Morondo Gold Project in Côte d'Ivoire

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age