Noble Mineral Exploration Management

Management criteria checks 4/4

Noble Mineral Exploration's CEO is H. White, appointed in Jan 2003, has a tenure of 21.25 years. total yearly compensation is CA$73.75K, comprised of 81.4% salary and 18.6% bonuses, including company stock and options. directly owns 3.59% of the company’s shares, worth CA$508.56K. The average tenure of the management team and the board of directors is 8 years and 16.2 years respectively.

Key information

H. White

Chief executive officer

CA$73.8k

Total compensation

CEO salary percentage	81.4%
CEO tenure	21.3yrs
CEO ownership	3.6%
Management average tenure	8yrs
Board average tenure	16.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has H. White's remuneration changed compared to Noble Mineral Exploration's earnings?
Date	Total Compensation	Salary	Company Earnings
Nov 30 2023	n/a	n/a	-CA$1m
Aug 31 2023	CA$74k	CA$60k	-CA$2m
May 31 2023	n/a	n/a	-CA$5m
Feb 28 2023	n/a	n/a	-CA$8m
Nov 30 2022	n/a	n/a	CA$422k
Aug 31 2022	CA$160k	CA$60k	CA$3m
May 31 2022	n/a	n/a	CA$4m
Feb 28 2022	n/a	n/a	CA$8m
Nov 30 2021	n/a	n/a	CA$3m
Aug 31 2021	CA$98k	CA$60k	CA$2m
May 31 2021	n/a	n/a	CA$6m
Feb 28 2021	n/a	n/a	CA$6m
Nov 30 2020	n/a	n/a	CA$4m
Aug 31 2020	CA$60k	CA$60k	CA$4m
May 31 2020	n/a	n/a	CA$2m
Feb 29 2020	n/a	n/a	CA$1m
Nov 30 2019	n/a	n/a	-CA$743k
Aug 31 2019	CA$60k	CA$60k	-CA$918k
May 31 2019	n/a	n/a	-CA$2m
Feb 28 2019	n/a	n/a	-CA$2m
Nov 30 2018	n/a	n/a	-CA$2m
Aug 31 2018	CA$60k	CA$60k	-CA$3m
May 31 2018	n/a	n/a	-CA$130k
Feb 28 2018	n/a	n/a	CA$1m
Nov 30 2017	n/a	n/a	CA$1m
Aug 31 2017	CA$60k	CA$60k	CA$2m

Compensation vs Market: H.'s total compensation ($USD53.98K) is below average for companies of similar size in the Canadian market ($USD175.11K).

Compensation vs Earnings: H.'s compensation has been consistent with company performance over the past year.

CEO

H. White (78 yo)

21.3yrs

Tenure

CA$73,750

Compensation

Mr. H. Vance White serves as an Independent Director of Spruce Ridge Resources Ltd. from August 5, 2022. He has been the Chief Executive Officer and President of Noble Mineral Exploration Inc. (formerly Ha...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
H. White	Chairman	21.3yrs	CA$73.75k	3.59% CA$ 508.6k
Robert D. Suttie	Chief Financial Officer	8yrs	CA$18.00k	0.079% CA$ 11.3k
Stephen Balch	Special Advisor	3yrs	no data	no data
Wayne Holmstead	Exploration Manager	3.3yrs	no data	no data
Denis Frawley	Corporate Secretary	16.2yrs	no data	no data

8.0yrs

Average Tenure

62yo

Average Age

Experienced Management: NOB's management team is seasoned and experienced (8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
H. White	Chairman	21.3yrs	CA$73.75k	3.59% CA$ 508.6k
J. Bovaird	Independent Director	16.2yrs	CA$1.38k	0.23% CA$ 32.2k
Michael Newbury	Independent Director	19.3yrs	no data	0.37% CA$ 52.8k
Samuel Peralta	Independent Director	8yrs	CA$1.38k	0.15% CA$ 21.6k
Yvan Champagne	Independent Director	11yrs	CA$1.72k	0.20% CA$ 28.6k

16.2yrs

Average Tenure

75yo

Average Age

Experienced Board: NOB's board of directors are seasoned and experienced ( 16.2 years average tenure).

Noble Mineral Exploration Management

Management criteria checks 4/4

Key information

Recent management updates

Noble Mineral Exploration Inc., Annual General Meeting, Feb 28, 2024

Noble Mineral Exploration Inc., Annual General Meeting, Feb 22, 2023

Insufficient new directors

Insufficient new directors

Chairman exercised options to buy CA$193k worth of stock.

Noble Mineral Exploration Inc., Annual General Meeting, Mar 14, 2022

Recent updates

New major risk - Market cap size

New major risk - Revenue and earnings growth

New minor risk - Shareholder dilution

Noble Mineral Exploration Inc., Annual General Meeting, Feb 28, 2024

Noble Mineral Exploration Inc. Mobilizes Diamond Drill to Kidd2/Carnegie Project Near Timmins, Ontario

Noble Mineral Exploration Inc. (TSXV:NOB) acquired Rare Earth Project near Timmins Ontario.

New major risk - Share price stability

Noble Mineral Exploration Inc. Grants Ontario Government Noble an OJEP Grant for A Diamond Drill Program on the Kidd2/Carnegie Project Near Timmins Ontario

Noble Mineral Exploration Inc. Encounters Significant Copper, Nickel, Platinum Group Mineralization in Drilling on the Cere Villebon Property, Quebec

Noble Mineral Exploration Inc. (TSXV:NOB) signed an agreement to acquire One mining claim in Newfoundland of approximately 175 hectare for CAD 0.03 million.

Noble Mineral Exploration Inc. Reports on Several Active Exploration Projects in Ontario and Quebec

Noble Minerals Updates on Exploration Projects in Ontario and Quebec

Noble Mineral Exploration Inc., Annual General Meeting, Feb 22, 2023

Noble Mineral Exploration Inc. Discovers Rare Earth Mineralization on the Nagagami Project, Hearst, Ontario

Noble Mineral Exploration Inc. announced that it has received CAD 0.5625 million in funding

Noble Mineral Exploration Inc. announced that it expects to receive CAD 0.45 million in funding

Insufficient new directors

Noble Mineral Exploration Inc. Provides Exploration Update

Noble Mineral Exploration Inc. (TSXV:NOB) acquired 188 Claims Near Go Metals, HSP Project, Havre St. Pierre, Quebec.

Noble Mineral Exploration Inc. Reports on Progress for A Number of Its Active Projects

Noble Mineral Exploration Inc. Reports on Progress for A Number of Its Active Projects

Noble Mineral Exploration Inc. Announces Drilling Commences on Calder-Lennox Property

Noble Mineral Exploration Inc. Reports on the Proposed Programs for Number of Its Active Projects

Insufficient new directors

Chairman exercised options to buy CA$193k worth of stock.

Noble Mineral Exploration Inc., Annual General Meeting, Mar 14, 2022

Noble Mobilizes Drill to Dargavel/Aubin Townships to Verify Historic Gold Values

Chairman exercised options to buy CA$120k worth of stock.

Noble Mineral Exploration Inc. (TSXV:NOB) and 11530313 Canada Inc. entered into an agreement to acquire Non-Core Ontario Properties from Galleon Gold Corp. (TSXV:GGO) for CAD 0.42 million.

Noble Mineral Exploration Inc. (TSXV:NOB) and 11530313 Canada Inc entered into a purchase and sale agreement to acquire 310 Mining Claims in Carnegie, Kidd, Wark and Prosser Townships from Explor Resources Inc. for CAD 0.47 million.

Chairman exercised options to buy CA$104k worth of stock.

Noble Mineral Exploration Inc. Acquires Laverlochere Nickel, Copper, Cobalt, Gold and Platinum Group Property Near Rouyn-Noranda, Quebec

Noble Mineral Exploration Inc. (TSXV:NOB) agreed to acquire Laverlochere Nickel, Copper, Cobalt, Gold and Platinum Group Property in Quebec.

Noble Mineral Exploration Inc. (TSXV:NOB) agreed to acquire Cere Villebon property near, Quebec.

Noble Mineral Exploration Inc. (TSXV:NOB) entered into an agreement to acquire Buckingham graphite property located in the Outaouais region of Western Québec from Wayne Holmstead.

Noble Mineral Exploration Inc. (TSXV:NOB) signed letter of intent to acquire 307 Mining Claims in Mann, Hanna, Duff, and Reaume Townships.

Noble Mineral Exploration Inc.'s JV Partner Announces Down Hole Geophysics and Proposed Additional Drilling Program

Noble Mineral Exploration Inc. Announces Drilling Updates

Noble Mineral Exploration Inc. (TSXV:NOB) completed the acquisition of 25% stake in Crawford VMS assets from Spruce Ridge Resources Ltd. (TSXV:SHL)

Noble Mineral Exploration Inc. (TSXV:NOB) completed the acquisition of an additional 39 Mining Claims in MacDiarmid and Loveland Townships from International Explorers and Prospectors Inc. (IEP).

Noble Mineral Exploration Inc. (TSXV:NOB) entered into a Letter of Intent to acquire Additional 39 Mining Claims in MacDiarmid and Loveland Townships from International Explorers and Prospectors Inc.

Noble Mineral Exploration Inc. Announces Exploration Update

Noble Mineral Exploration Inc., Annual General Meeting, Mar 05, 2021

Noble Mineral Exploration Inc. Provides Exploration Update on Carnegie Township the Results of the 2019 -2020 Exploration Programs

Noble Mineral Exploration Inc. Announces Comprehensive Geophysical Survey

Noble Mineral Exploration Inc. announced that it has received CAD 0.075 million in funding

Noble Mineral Exploration Inc. (TSXV:NOB) entered into an agreement to acquire Holdsworth Property in Wawa, Ontario from MacDonald Mines Exploration Ltd. (TSXV:BMK).

Canada Nickel Company Inc. (TSXV:CNC) completed the acquisition of 4,909 hectares In Crawford and Lucas township from Noble Mineral Exploration Inc. (TSXV:NOB).

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age