NiCAN Management

Management criteria checks 0/4

We currently do not have sufficient information about the CEO.

Key information

Brad Humphrey

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	2.3yrs
CEO ownership	6.4%
Management average tenure	no data
Board average tenure	2.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Brad Humphrey's remuneration changed compared to NiCAN's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	-CA$3m
Jun 30 2024	n/a	n/a	-CA$3m
Mar 31 2024	n/a	n/a	-CA$3m
Dec 31 2023	n/a	n/a	-CA$4m
Sep 30 2023	n/a	n/a	-CA$2m
Jun 30 2023	n/a	n/a	-CA$4m
Mar 31 2023	n/a	n/a	-CA$5m
Dec 31 2022	CA$248k	CA$188k	-CA$4m
Sep 30 2022	n/a	n/a	-CA$5m
Dec 31 2021	CA$76k	CA$76k	-CA$2m

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

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

CEO

Brad Humphrey (51 yo)

2.3yrs

Tenure

CA$248,167

Compensation

Mr. Bradley Dean Humphrey, also known as Brad, B.A., has been Chief Executive Officer of NiCAN Limited & Director since July 26, 2022 and also serves as its President. He is Director of Volta Metals Ltd. a...

Board Members

Name	Position	Tenure	Compensation	Ownership
Alison Williams	Independent Director	2.3yrs	CA$30.00k	0.44% CA$ 12.4k
Bradley Humphrey	CEO & Director	2.3yrs	CA$248.17k	6.44% CA$ 183.6k
Patrick Gleeson	Independent Director	2.3yrs	CA$58.50k	3.13% CA$ 89.3k
Mark Cruise	Independent Director	2.3yrs	CA$35.00k	0.25% CA$ 7.0k
Michael Hoffman	Independent Chairman	2.3yrs	CA$61.42k	3.63% CA$ 103.5k
Svetoslava Pavlova	Independent Director	2.3yrs	CA$32.00k	no data
Bill Nielsen	Senior Geologist & Advisor	no data	no data	no data
Stanley Clemmer	Senior Geologist & Advisor	no data	no data	no data

2.3yrs

Average Tenure

51yo

Average Age

Experienced Board: NICN's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.

NiCAN Management

Management criteria checks 0/4

Key information

Recent management updates

NiCAN Limited, Annual General Meeting, Jun 27, 2024

NiCAN Limited, Annual General Meeting, Jun 27, 2024

High number of new and inexperienced directors

No independent directors

Nican Limited Appoints Stacey Pavlova as Newest Board Member

No independent directors

Recent updates

NiCAN Limited Defines Several New Target Areas at the Wine Project in Manitoba

New major risk - Financial position

New major risk - Share price stability

NiCAN Limited Provides a Review of its March 2024 Drilling Program and Next Steps at the Wine Project, Manitoba

Nican Announces Results from Its Phase II-B Drill Program, Including 20.3 Meters At 2.85% Nieq At the Wine Project, Manitoba

NiCAN Limited Announces Initial Set of Assays from 2024 Drilling, Including 45.5 Meters at 1.55% NiEq at the Wine Project, Manitoba

NiCAN Limited, Annual General Meeting, Jun 27, 2024

NiCAN Limited, Annual General Meeting, Jun 27, 2024

NiCAN Limited Provides Update on Drilling At the Wine Nickel-Copper Project, Manitoba, Canada

New minor risk - Shareholder dilution

NiCAN Limited announced that it has received CAD 1.83 million in funding

NiCAN Limited announced that it expects to receive CAD 1.525 million in funding

NiCAN Limited Reports Assay Results from its Phase III Drilling Program on the Wine Property Located in the Snow Lake Area, Manitoba, Canada

High number of new and inexperienced directors

NiCAN Limited Commences Drilling At Wine Nickel Property, Manitoba, Canada

NiCAN Limited Intersects Multiple New Zones of Nickel–Bearing Mineralization to East of Known High-Grade Nickel-Copper Wine Occurrence During its Phase II Drill Program on Wine Nickel Property in Manitoba, Canada

NiCAN Limited Expands the Wine Occurrence at the Wine Project, Manitoba, Canada Multiple Zones Intersected Including 1.91% NiEq over 23.5 Meters

NiCAN Limited Announces to Commence Drilling at Wine Nickel Property, Manitoba, Canada

No independent directors

Nican Limited Reports Additional Strong Drill Results from the Wine Project in Manitoba, Including 8.6 Metres of 2.22% NiEq

NiCAN Limited Reports Additional Diamond Drill Assay Results from the Wine Project in Manitoba

NiCAN Limited Reports High Grades in First Two Drill Holes at the Wine Project in Manitoba, Including 27.3 Metres of 2.61% Nickel Equivalent

NiCAN Limited Confirms Historical Results at the Wine Project 20.36 Meters of 2.09% Nickel Equivalent

Nican Limited Appoints Stacey Pavlova as Newest Board Member

No independent directors

CEO Compensation Analysis

CEO

Tenure

Compensation

Board Members

Average Tenure

Average Age