Midland Exploration Management

Management criteria checks 2/4

Midland Exploration's CEO is Gino Roger, appointed in Nov 2006, has a tenure of 17.5 years. total yearly compensation is CA$372.23K, comprised of 79.8% salary and 20.2% bonuses, including company stock and options. directly owns 1.2% of the company’s shares, worth CA$407.44K. The average tenure of the management team and the board of directors is 14.3 years and 7 years respectively.

Key information

Gino Roger

Chief executive officer

CA$372.2k

Total compensation

CEO salary percentage	79.8%
CEO tenure	17.5yrs
CEO ownership	1.2%
Management average tenure	14.3yrs
Board average tenure	7yrs

Recent management updates

We Think Some Shareholders May Hesitate To Increase Midland Exploration Inc.'s (CVE:MD) CEO Compensation

Feb 03

Shareholders Will Probably Hold Off On Increasing Midland Exploration Inc.'s (CVE:MD) CEO Compensation For The Time Being

Feb 18

Recent updates

We Think Some Shareholders May Hesitate To Increase Midland Exploration Inc.'s (CVE:MD) CEO Compensation

Feb 03

Shareholders Will Probably Hold Off On Increasing Midland Exploration Inc.'s (CVE:MD) CEO Compensation For The Time Being

Feb 18

How Much Does Midland Exploration's (CVE:MD) CEO Make?

Jan 11

CEO Compensation Analysis

How has Gino Roger's remuneration changed compared to Midland Exploration's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-CA$1m
Sep 30 2023	CA$372k	CA$297k	-CA$1m
Jun 30 2023	n/a	n/a	-CA$1m
Mar 31 2023	n/a	n/a	-CA$2m
Dec 31 2022	n/a	n/a	-CA$2m
Sep 30 2022	CA$359k	CA$284k	-CA$2m
Jun 30 2022	n/a	n/a	-CA$1m
Mar 31 2022	n/a	n/a	-CA$1m
Dec 31 2021	n/a	n/a	-CA$937k
Sep 30 2021	CA$347k	CA$272k	-CA$1m
Jun 30 2021	n/a	n/a	-CA$972k
Mar 31 2021	n/a	n/a	-CA$1m
Dec 31 2020	n/a	n/a	-CA$1m
Sep 30 2020	CA$329k	CA$259k	-CA$1m
Jun 30 2020	n/a	n/a	-CA$2m
Mar 31 2020	n/a	n/a	-CA$1m
Dec 31 2019	n/a	n/a	-CA$914k
Sep 30 2019	CA$317k	CA$248k	-CA$1m
Jun 30 2019	n/a	n/a	-CA$731k
Mar 31 2019	n/a	n/a	-CA$1m
Dec 31 2018	n/a	n/a	-CA$1m
Sep 30 2018	CA$304k	CA$239k	-CA$808k
Jun 30 2018	n/a	n/a	-CA$907k
Mar 31 2018	n/a	n/a	-CA$1m
Dec 31 2017	n/a	n/a	-CA$1m
Sep 30 2017	CA$292k	CA$233k	-CA$1m

Compensation vs Market: Gino's total compensation ($USD272.16K) is above average for companies of similar size in the Canadian market ($USD174.43K).

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

CEO

Gino Roger (56 yo)

17.5yrs

Tenure

CA$372,230

Compensation

Mr. Gino Roger, P. Eng., has been the Chief Executive Officer and President of Midland Exploration Inc. since November 01, 2006. Mr. Roger has been a Director of Midland Exploration Inc. since January 01,...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Gino Roger	President	17.5yrs	CA$372.23k	1.2% CA$ 407.4k
Ingrid Martin	Chief Financial Officer	no data	CA$119.80k	0.58% CA$ 195.0k
Mario Masson	Vice-President of Exploration	14.3yrs	CA$268.25k	0% CA$ 0
René Branchaud	Company Secretary & Independent Director	no data	CA$20.00k	0.52% CA$ 176.6k
Jean des Rivieres	Secretary & Director	no data	CA$20.00k	0.080% CA$ 27.0k
Jean-Francois Lariviere	Chief Geologist	less than a year	no data	no data

14.3yrs

Average Tenure

60yo

Average Age

Experienced Management: MD's management team is seasoned and experienced (14.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Gino Roger	President	18.3yrs	CA$372.23k	1.2% CA$ 407.4k
René Branchaud	Company Secretary & Independent Director	17.3yrs	CA$20.00k	0.52% CA$ 176.6k
Jean des Rivieres	Secretary & Director	2.7yrs	CA$20.00k	0.080% CA$ 27.0k
Simon Lussier	Director	less than a year	no data	0.23% CA$ 79.2k
Paul Archer	Independent Director	7yrs	CA$23.00k	0.21% CA$ 70.2k
Jean-Pierre Janson	Chairman of the Board	19.3yrs	CA$27.00k	1.9% CA$ 642.2k
Annie Dutil	Independent Director	3.2yrs	CA$23.00k	0.14% CA$ 47.8k

7.0yrs

Average Tenure

63yo

Average Age

Experienced Board: MD's board of directors are considered experienced (7 years average tenure).

Midland Exploration Management

Management criteria checks 2/4

Key information

Recent management updates

Less than half of directors are independent

Simon Lussier Joins Midland’s Board of Directors

Midland Exploration Inc., Annual General Meeting, Feb 15, 2024

We Think Some Shareholders May Hesitate To Increase Midland Exploration Inc.'s (CVE:MD) CEO Compensation

Midland Exploration Inc., Annual General Meeting, Feb 09, 2023

Shareholders Will Probably Hold Off On Increasing Midland Exploration Inc.'s (CVE:MD) CEO Compensation For The Time Being

Recent updates

Midland Exploration Inc. Announces the Start of A Sonic Drilling Campaign on the Patris Gold Property

Midland Exploration Inc. in Partnership with Rio Tinto Exploration Canada Inc Announces the Launch of A Maiden CAD 5.8 Million Lithium Drilling Program on Galinée

Less than half of directors are independent

Midland, in Partnership with Brunswick, Announces the Launch of A Maiden Drilling Program on Elrond

Simon Lussier Joins Midland’s Board of Directors

First quarter 2024 earnings released: CA$0.005 loss per share (vs CA$0.001 loss in 1Q 2023)

Midland Provides an Overview of Its 2024 Exploration Activities with Its Partners and Also Follow-Up on Its New Discoveries

Midland Exploration Inc. Announces Start of A Drilling Campaign on Its Lewis Project in Abitibi

Midland and Probe Intersect up to 1.33 % Copper Eq. Over 9.5 Metres and Expand the Cu-Au-Ag-Mo Mineralized System on La Peltrie

Midland Exploration Inc. Confirms High-Grade Lithium Up to 3.6% Li2o on Additional Spodumene-Bearing Pegmatites on Galinée Project

Midland Exploration Inc., Annual General Meeting, Feb 15, 2024

Full year 2023 earnings released: CA$0.01 loss per share (vs CA$0.025 loss in FY 2022)

Midland Exploration Inc. and SOQUEM Discover New High-Grade Copper-Gold Showings on Nachicapau in Nunavik

Midland Exploration Inc. announced a financing transaction

Midland Exploration Inc. and Rio Tinto Exploration Canada Inc. Resume Drilling Along the Extensions of the Santos Nickel-Copper Zone, Tête Nord Project

Midland Exploration Inc. in Partnership with Rio Tinto Confirms High-Grade Lithium Up to 7.2 % Li2o and Identifies Additional Spodumene-Bearing Pegmatites on Galinée Project

Midland Exploration Inc. Reports New Nickel-Copper Assay Results from A Drilling Campaign Completed to Follow Up on the New Ni-Cu Discovery Named Santos

Midland Exploration Inc. Provides an Overview of Its Exploration Activities Including Its Lithium Projects in James Bay

Brunswick Exploration Inc. in Partnership with Midland Exploration Inc Begins A First Exploration Program for Lithium on the Mythril Project

Rio Tinto in Partnership with Midland Begins A First Exploration Program for Lithium on the Mythril Regional and Galinée Projects

Third quarter 2023 earnings released: EPS: CA$0 (vs CA$0.002 loss in 3Q 2022)

Midland Exploration Inc. and Probe Gold Resume Drilling on the Copper-Gold-Silver-Molybdenum Discovery on the LA PELTRIE Option

Midland in Partnership with Rio Tinto Identifies New Targets and Resumes Drilling on the New Santos Nickel-Copper Zone, Tete Nord Project

Second quarter 2023 earnings released: CA$0.002 loss per share (vs CA$0.005 loss in 2Q 2022)

Midland Exploration Inc. Completes Its Exploration of the Existing Lithium Potential on Komo Near the Allkem New Discovery

Midland Exploration Inc. Provides an Update on the 10,000-metre ADDP Drilling Program on Its Gold and Nickel-Copper Projects in Abitibi

First quarter 2023 earnings released: CA$0.001 loss per share (vs CA$0.004 loss in 1Q 2022)

Midland Exploration Inc. Completes A Magnetic Survey on Mythril-East and Targets A New Area East of Patriot Battery Metals Discovery

We Think Some Shareholders May Hesitate To Increase Midland Exploration Inc.'s (CVE:MD) CEO Compensation

Midland Exploration Inc. Identifies Several Promising Projects with Significant Lithium Potential Amongst Its Extensive Land Position in the James Bay Area

Midland Exploration Inc. Completes Assessment of the Excellent Lithium Potential on Galinée Near Winsome’s Adina New Discovery

Midland Exploration Inc. announced that it has received CAD 3.62728 million in funding from Desjardins Capital, SIDEX L.L.P., BHP Billiton Canada Inc.

Midland Provides an Overview of its 2023 Exploration Activities with its Partners and to Follow-Up on its New Discoveries

Midland Begins an Important Drilling Program Totaling 10,000 Meters on Its Gold and Ni-Cu Projects in Abitibi

Full year 2022 earnings released: CA$0.025 loss per share (vs CA$0.014 loss in FY 2021)

Probe Metals and Midland Exploration Inc. Discover A Large Copper-Gold-Silver-Molybdenum System on La Peltrie Option Property, Detour Project

Midland Exploration Inc. Discovers New Gold-Bearing Structures Up-Ice from High-Grade Erratic Boulders Recently Found on Laflamme JV Project

Midland Exploration Inc., Annual General Meeting, Feb 09, 2023

Midland Exploration Inc. Announces the Start of A Maiden Drilling Program by Rio Tinto Exploration Canada Inc. on the Tête Nord Nickel-Copper Property

Midland Exploration Inc. and SOQUEM Inc. Announce New Results on Their Recent Copper-Gold Discovery in Nunavik

Midland Exploration Inc. Solidifies its Land Position and Evaluates Lithium Potential on its Mythril and Mythril Regional Projects Near Patriot Battery Metals Lithium Discovery

Third quarter 2022 earnings released: CA$0.002 loss per share (vs CA$0.001 loss in 3Q 2021)

Midland Exploration Inc. Announces Heliborne Vtem-Type Electromagnetic Survey Launched Last March Has Been Completed on the Tête Nord Nickel-Copper Property

Midland Exploration Inc. Resumes Work on Laflamme JV to Locate the Source of High-Grade Gold-Bearing Boulders

Midland Exploration Inc. (TSXV:MD) acquired Nickel Square.

Midland Exploration Inc. Discovers High-Grade Gold-Bearing Boulders on its Laflamme JV Project

Midland Begins its Second Exploration Program in Nunavik Under Its Strategic Alliance with SOQUEM

Midland Exploration Inc. Begins Second Exploration Program in Nunavik Under Its Strategic Alliance with SOQUEM

Midland Exploration Inc. Begins an Important Exploration Program in the James Bay Region on New Au-Ag-Cu-Mo Discoveries on Chisaayuu East of Mythril

Midland Exploration Inc. Commences Important Drilling Program to Test New High-Priority Targets on La Peltrie Project

Second quarter 2022 earnings released: CA$0.005 loss per share (vs CA$0.004 loss in 2Q 2021)

Midland Exploration Inc. (TSXV:MD) acquired J. Schmid & Assoc. Inc.

First quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Shareholders Will Probably Hold Off On Increasing Midland Exploration Inc.'s (CVE:MD) CEO Compensation For The Time Being

Midland Exploration Inc. announced that it has received CAD 2.7606 million in funding from BHP Billiton Canada Inc. and other investors

Midland Exploration Inc. announced that it has received CAD 2.6671 million in funding

Midland Exploration Inc. (TSXV:MD) and SOQUEM inc. acquired 160 Mineral Claims in Labrador Trough.

Midland Exploration Inc. Begins Stripping Program on its New Golden Nest Gold Showing Discovered on Lewis

Midland Exploration Inc. Provides Updates on New Cu-Au-Mo-Ag Zones on its Mythril Project

Midland Makes a New Gold Discovery on its Lewis Project Northwest of the Nelligan Deposit

Midland Exploration Inc. Provides an Update on Major Exploration Program Underway for Nickel in Nunavik

Midland and Wallbridge Planning an Important Drilling Program on Casault, West of Fenelon Gold

Midland Exploration Inc. and Probe Metals Inc. Commence Drilling to Test New High-Priority Targets South of Fenelon Gold

Midland Exploration Inc. Announces the Commencement of A Major Exploration Program in the Grenville

Midland Announces New Exploration Campaign on its Elrond Project Southeast of Harfang’s Serpent Project

Midland Exploration Inc. Resumes Drilling on Mythril over Newly Identified Copper-Gold Targets

Midland Exploration Inc. (TSXV:MD) and SOQUEM inc. acquired 138 Mining Claims in the Labrador Trough.

Midland Identifies New Drilling Targets on Its Lewis Project Northwest of the Nelligan Deposit

Second quarter 2021 earnings released: CA$0.004 loss per share (vs CA$0.009 loss in 2Q 2020)