Mawson Gold Management

Management criteria checks 2/4

Mawson Gold's CEO is Michael Hudson, appointed in Dec 2023, has a tenure of less than a year. directly owns 1.13% of the company’s shares, worth CA$2.41M. The average tenure of the management team and the board of directors is 2.5 years and 6.8 years respectively.

Key information

Michael Hudson

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	1.1%
Management average tenure	2.5yrs
Board average tenure	6.8yrs

Recent management updates

Recent updates

Here's Why We're A Bit Worried About Mawson Gold's (TSE:MAW) Cash Burn Situation

Oct 01

CEO Compensation Analysis

How has Michael Hudson's remuneration changed compared to Mawson Gold's earnings?
Date	Total Compensation	Salary	Company Earnings
Nov 30 2023	n/a	n/a	-CA$46m
Aug 31 2023	n/a	n/a	-CA$6m
May 31 2023	n/a	n/a	-CA$5m
Feb 28 2023	n/a	n/a	-CA$6m
Nov 30 2022	n/a	n/a	-CA$3m
Aug 31 2022	n/a	n/a	-CA$4m
May 31 2022	CA$245k	CA$168k	-CA$4m
Feb 28 2022	n/a	n/a	-CA$3m
Nov 30 2021	n/a	n/a	-CA$2m
Aug 31 2021	n/a	n/a	-CA$1m
May 31 2021	CA$168k	CA$168k	-CA$3m
Feb 28 2021	n/a	n/a	-CA$2m
Nov 30 2020	n/a	n/a	-CA$4m
Aug 31 2020	n/a	n/a	-CA$3m
May 31 2020	CA$384k	CA$168k	-CA$2m
Feb 29 2020	n/a	n/a	-CA$4m
Nov 30 2019	n/a	n/a	-CA$3m
Aug 31 2019	n/a	n/a	-CA$4m
May 31 2019	CA$369k	CA$166k	-CA$4m
Feb 28 2019	n/a	n/a	-CA$4m
Nov 30 2018	n/a	n/a	-CA$3m
Aug 31 2018	n/a	n/a	-CA$2m
May 31 2018	CA$144k	CA$144k	-CA$2m
Feb 28 2018	n/a	n/a	-CA$2m
Nov 30 2017	n/a	n/a	-CA$2m
Aug 31 2017	n/a	n/a	-CA$3m
May 31 2017	CA$355k	CA$165k	-CA$3m

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

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

CEO

Michael Hudson (54 yo)

less than a year

Tenure

CA$244,936

Compensation

Mr. Michael Robert Hudson, B.Sc. (Hons), GDipAppFin, FAusIMM, MSEG, MAIG, serves as Managing Director of Southern Cross Gold Ltd since February 11, 2022 and has been its Director from July 21, 2021. He is...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Nick DeMare	Chief Financial Officer	16.3yrs	CA$198.87k	0.12% CA$ 248.8k
Noora Ahola	CEO of Springtide	less than a year	CA$308.58k	0.59% CA$ 1.3m
Michael Hudson	Interim CEO & Executive Chairman	less than a year	CA$244.94k	1.13% CA$ 2.4m
Nicholas Mead	Manager of Corporate Development	2.5yrs	no data	no data
Mariana Bermudez	Corporate Secretary	20.1yrs	no data	no data

2.5yrs

Average Tenure

51yo

Average Age

Experienced Management: MAW's management team is considered experienced (2.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Noora Ahola	CEO of Springtide	7.6yrs	CA$308.58k	0.59% CA$ 1.3m
Michael Hudson	Interim CEO & Executive Chairman	20.1yrs	CA$244.94k	1.13% CA$ 2.4m
Georgina Carnegie	Member of Advisory Board	no data	no data	no data
Bruce Griffin	Independent Director	1.2yrs	CA$123.00k	0.16% CA$ 341.6k
Phillip Williams	Independent Director	6.8yrs	CA$135.00k	0.33% CA$ 706.9k
Erkki Vanhanen	Member of Advisory Board	5.6yrs	no data	no data

6.8yrs

Average Tenure

54yo

Average Age

Experienced Board: MAW's board of directors are considered experienced (6.8 years average tenure).

Mawson Gold Management

Management criteria checks 2/4

Key information

Recent management updates

Mawson Gold Limited Announces CEO Changes

Mawson Gold Limited Announces Executive Changes

Mawson Gold Limited, Annual General Meeting, Nov 14, 2023

Mawson Gold Limited Announces Demise of Colin Maclean, Independent Director

Mawson Gold Limited Appoints Bruce Griffin as Independent Director

Mawson Gold Limited Approves Board and Board Committee Changes

Recent updates

Mawson Gold Limited has filed a Follow-on Equity Offering in the amount of AUD 10.232848 million.

Mawson Gold Limited Announces CEO Changes

Mawson Gold Limited Drills 3.1 Metres @ 20.6 G/T Gold Extends Mineralization 250 Metres West

Mawson Gold Limited Announces Further High-Grade Mineralization and Two New Vein Sets from Four Drill Holes Between the Historic Golden Dyke and Christina Mining Areas, At the Sunday Creek Project in Victoria, Australia

Mawson Gold to Voluntarily Delist from TSX and Apply to List on TSXV

Mawson Gold Limited Announces Executive Changes

Mawson Gold Limited Drills 331 m at 6.8 g/t Gold (Uncut) Traversing 18 High-Grade Veins 200 m Down Dip Extension from Previously Announced Results

Mawson Gold Limited Announces Results from 12 Diamond Drill Holes at the 100% Owned Sunday Creek Project in Victoria

Mawson Gold Limited, Annual General Meeting, Nov 14, 2023

Mawson Gold Limited Announces Sxg Drills 404 M @ 5.1 G/T Gold (Uncut) Traversing 13 High-Grade Veins 7 Intersections

Mawson Gold Limited Announces Demise of Colin Maclean, Independent Director

Here's Why We're Watching Mawson Gold's (TSE:MAW) Cash Burn Situation

Mawson Gold Limited Announces Results from Six Drill Holes At the Sunday Creek, Australia

We're Not Very Worried About Mawson Gold's (TSE:MAW) Cash Burn Rate

Mawson Gold Limited Appoints Bruce Griffin as Independent Director

Mawson's Subsidiary SXG Reports More High Grade Drilling Including 3.4 Meters at 24.8 G/T AuEq at Sunday Creek, Victoria, Australia

Mawson Gold Limited Reports Continued High Grade Zones to 840 Meters At Sunday Creek, Victoria, Australia

Will Mawson Gold (TSE:MAW) Spend Its Cash Wisely?

Mawson Gold Limited Announces Gold-Antinomy Diamond Drill Intersection Grading

Price target decreased to CA$0.45

Mawson Gold Limited Approves Board and Board Committee Changes

High number of new directors

Mawson Gold Limited Delivers USD 211 million NPV (post-tax) from Rajapalot PEA

Mawson Completes Maiden Drilling At Skellefteå North Gold Project in Sweden

High number of new directors

Mawson Gold Limited Announces Appointment of John Jentz as Independent Director

Mawson Gold Limited (TSX:MAW) acquired Untested area of its 18,000 Hector.

Mawson Gold Limited, Annual General Meeting, Nov 08, 2022

Will Mawson Gold (TSE:MAW) Spend Its Cash Wisely?

Mawson Gold Limited Reports Strong Pro-Mining Sentiment in Finnish Social Survey

Mawson Gold Limited Expands Exploration Search Radius in Finland

Mawson Gold Limited Announces Results from the Maiden Drill Program At the Skellefteå North Project in Sweden

Mawson Gold Limited Announces the Commencement of Drilling At the Skellefteå North Project in Sweden

We're Keeping An Eye On Mawson Gold's (TSE:MAW) Cash Burn Rate

Price target decreased to CA$0.50

Mawson Gold Limited Commences Maiden PEA on its Rajapalot Project

Mawson Gold Limited Provides Update on the Redcastle Epizonal Gold Project, Victoria, Australia

Mawson Gold Limited Provides Balaclava Hill Drilling Results

Mawson Drills 0.6 Metres @ 49.7 G/T Gold Under the Balaclava Open Pit at Whroo, Victoria, Australia

Mawson Gold Limited Announces Significant Planning and Regulatory Decisions for the Rajapalot Gold-Cobalt Project, Finland

High number of new directors

Independent Director recently bought CA$75k worth of stock

Mawson Gold Limited announced a financing transaction

Mawson Gold Limited of Till Drilling and Artifical Intelligence Driving Exploration Targeting in Finland

Insufficient new directors

Price target decreased to CA$0.50

Insufficient new directors

Here's Why We're A Bit Worried About Mawson Gold's (TSE:MAW) Cash Burn Situation

Executive Chairman exercised options and sold CA$40b worth of stock

Mawson Gold Limited Announces Over 1 Million Ounces Gold Equivalent At Rajapalot, Finland Gold Ounces Up 47%, Gold Grade Up 19%

Mawson Gold Limited Drills 3.6 Metres at 7.4 g/t Gold and 2,290 ppm Cobalt at the Hut Prospect, Finland

Mawson Gold Limited Drills 30.8 Metres At 3.9 G/T Gold and 1,403 Ppm Cobalt in 120 Metre Step Out in Deepest Drill Hole At South Palokas, Finland

Mawson Gold Limited Announces New Drill Results from 4 Drill Holes

Mawson Gold Limited Intersects 15.3 Metres At 3.0 G/T Gold, 998 Ppm Cobalt and 11.0 Metres At 4.0 G/T Gold, 756 Ppm Cobalt At South Palokas, Finland

Mawson and BATCircle2.0 Co-Funding for the Rajapalot Gold-Cobalt Project, Finland

Mawson Gold Limited Announces Metallurgical Testwork Results from the Batcircle Joint Research Project Geometallurgical Orientation Study of Mawson's 100%-Owned Rajapalot Gold-Cobalt Project in Finland

Mawson Gold Limited Announces Return of Assays from the Drilling of the F11 Target 50 Kilometres to the South of Cannington Silver-Zinc-Lead Mine in the Mount Isa Block

New 90-day low: CA$0.27

Mawson Commences EIA and Land Use Planning for the Rajapalot Gold-Cobalt Project in Finland

Mawson Gold Limited Announces Assay Results from Five Further Drill Holes

New 90-day low: CA$0.32

Mawson Gold Limited Mobilizes Four Drill Rigs to Rajapalot Gold Project, Finland

Mawson Gold Limited Drills 11.5 Metres At 3.3 G/T Gold and 4.2 Metres At 3.4 G/T Gold At Sunday Creek in Victoria, Australia

New 90-day low: CA$0.35

Mawson Gold Limited Announce Drill Intersected Further High-Grade Gold At the Joki East Prospect At the 100% Owned Rajapalot Project in Finland

Mawson Gold Limited Drills Further High-Grade Gold At Joki East in Finland Intersects 1.6 Metres @ 19.2 G/T Gold

New 90-day low: CA$0.36

Mawson Gold Limited Announces Assay Results from Two Further Drill Holes from the 100%-Owned Sunday Creek Project

Price target raised to CA$0.82