Norden Crown Metals Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Pat Varas

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	5.6yrs
CEO ownership	5.9%
Management average tenure	no data
Board average tenure	6.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Pat Varas's remuneration changed compared to Norden Crown Metals's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	-CA$6m
Jun 30 2024	n/a	n/a	-CA$1m
Mar 31 2024	n/a	n/a	-CA$2m
Dec 31 2023	n/a	n/a	-CA$2m
Sep 30 2023	n/a	n/a	-CA$762k
Jun 30 2023	n/a	n/a	-CA$810k
Mar 31 2023	n/a	n/a	-CA$931k
Dec 31 2022	CA$15k	CA$15k	-CA$942k
Sep 30 2022	n/a	n/a	-CA$997k
Jun 30 2022	n/a	n/a	-CA$1m
Mar 31 2022	n/a	n/a	-CA$1m
Dec 31 2021	CA$180k	CA$180k	-CA$2m
Sep 30 2021	n/a	n/a	-CA$2m
Jun 30 2021	n/a	n/a	-CA$2m
Mar 31 2021	n/a	n/a	-CA$2m
Dec 31 2020	CA$180k	CA$180k	-CA$2m
Sep 30 2020	n/a	n/a	-CA$2m
Jun 30 2020	n/a	n/a	-CA$2m
Mar 31 2020	n/a	n/a	-CA$3m
Dec 31 2019	CA$177k	CA$177k	-CA$3m
Sep 30 2019	n/a	n/a	-CA$2m
Jun 30 2019	n/a	n/a	-CA$2m
Mar 31 2019	n/a	n/a	-CA$2m
Dec 31 2018	CA$96k	CA$96k	-CA$2m
Sep 30 2018	n/a	n/a	-CA$2m
Jun 30 2018	n/a	n/a	-CA$2m
Mar 31 2018	n/a	n/a	-CA$2m
Dec 31 2017	CA$64k	n/a	-CA$1m

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

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

CEO

Pat Varas (62 yo)

5.6yrs

Tenure

Mr. Jorge Patricio Varas, also known as Pat, B.Sc. & P.Geo., is President of Winshear Gold Corp. from April 9, 2024 and serves as its Director since September 2024. He served as Chief Operating Officer and...

Board Members

Name	Position	Tenure	Compensation	Ownership
Jorge Varas	Executive Chairman & CEO	7.8yrs	no data	5.89% CA$ 100.7k
Daniel MacNeil	Advisory Board	less than a year	no data	no data
Hendrik van Alphen	Director	no data	no data	5.38% CA$ 92.0k
David Reid	Director	6.9yrs	no data	15.96% CA$ 273.1k
Jon Sherron	Director	8.8yrs	no data	0.19% CA$ 3.2k
Thomas Soderqvist	Independent Non-Executive Director	5.8yrs	no data	no data

6.4yrs

Average Tenure

67yo

Average Age

Experienced Board: NOCR's board of directors are considered experienced (6.4 years average tenure).

Norden Crown Metals Management

Management criteria checks 2/4

Key information

Recent management updates

Norden Crown Metals Corporation Announces Board Changes

Norden Crown Metals Corporation Announces Board Changes

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Norden Crown Metals Corp. Announces Management Changes

Recent updates

Norden Crown Metals Corporation Announces Board Changes

Norden Crown Metals Corporation Announces Board Changes

Norden Crown Metals Corporation (TSXV:NOCR) completed the acquisition of Domestic Copper Corporation.

Norden Crown Metals Corporation announced that it has received CAD 0.75 million in funding

Norden Crown Metals Corporation announced that it expects to receive CAD 0.75 million in funding

Norden Crown Metals Corporation (TSXV:NOCR) signed a letter of intent to acquire Domestic Copper Corporation for CAD 0.4 million

New major risk - Financial position

New major risk - Shareholder dilution

New minor risk - Financial data availability

Norden Crown Metals Corp. announced that it expects to receive CAD 1.35 million in funding

Less than half of directors are independent

Norden Crown Metals Corp. Continues to Intersect Copper At Burfjord JV Copper-Gold Project

Less than half of directors are independent

Norden Crown Metals Corp. Completes Summer Drilling Exploration Program at the Burfjord Copper-Gold Project, Norway

Norden Crown Metals Corp. Commences Minimum 3,000M Drill Program At the Burfjord Copper-Gold Project, Norway

Norden Crown Metals Corp. Completes High Resolution Ground Magnetic Survey At Fredrikssons Gruvan, Gumsberg Project

Less than half of directors are independent

Norden Crown Metals Corp. Intersects High-Grade Copper At Burfjord JV Copper-Gold Project

Norden Crown Completes Phase I Airborne Magnetic Geophysics at the Burfjord Copper-Gold Project, Norway

Norden Crown Metals Corp. Announces Commencement of an Exploration Drilling Program (~2,500 Metres) At Its 100% Owned Burfjord Copper Project in Northern Norway

Norden Crown Commences Exploration at the Burfjord Copper-Gold Project, Norway

Norden Crown Metals Corp. Commences Field Exploration Program at Gumsberg Project, Southern Sweden

Norden Crown Metals Corp. announced that it expects to receive CAD 4 million in funding

Norden Crown Intersects High Grade and Significant Widths of Broken Hill Type Mineralization in All Three Holes Drilled at its Fredriksson Gruva Prospect in Sweden

Norden Crown Metals Corp. Reports Drill Results from a Recently Completed 2365.6 Meter Program on the Gumsberg Project

Norden Crown Resumes Diamond Drilling at the Burfjord Copper-Gold Project, Norway

Norden Crown Metals Corp. Announces Completion of the First Drill Hole at the Fredriksson Gruvan

Norden Crown Commences Diamond Drilling at Fredriksson Mine, Sweden

Norden Crown Metals Corp. Announces Management Changes

Norden Crown Metals Corp. Commences Diamond Drilling At Östra Silvberg

Boreal Metals Corp. announced that it has received CAD 2.593546 million in funding from Palisades Goldcorp Ltd. and other investors

Boreal Metals Corp. announced that it expects to receive CAD 2 million in funding

Boreal Metals Corp. Auditor Raises 'Going Concern' Doubt

CEO Compensation Analysis

CEO

Tenure

Board Members

Average Tenure

Average Age