Northern Shield Resources Management

Management criteria checks 4/4

Northern Shield Resources' CEO is Ian Bliss, appointed in May 2003, has a tenure of 25.33 years. total yearly compensation is CA$129.70K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 2.87% of the company’s shares, worth CA$107.54K. The average tenure of the management team and the board of directors is 18.3 years and 9.6 years respectively.

Key information

Ian Bliss

Chief executive officer

CA$129.7k

Total compensation

CEO salary percentage	100.0%
CEO tenure	21yrs
CEO ownership	2.9%
Management average tenure	18.3yrs
Board average tenure	9.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ian Bliss's remuneration changed compared to Northern Shield Resources's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-CA$991k
Sep 30 2023	n/a	n/a	-CA$806k
Jun 30 2023	n/a	n/a	-CA$606k
Mar 31 2023	n/a	n/a	-CA$567k
Dec 31 2022	CA$130k	CA$130k	-CA$610k
Sep 30 2022	n/a	n/a	-CA$297k
Jun 30 2022	n/a	n/a	-CA$275k
Mar 31 2022	n/a	n/a	-CA$289k
Dec 31 2021	CA$206k	CA$176k	-CA$233k
Sep 30 2021	n/a	n/a	-CA$433k
Jun 30 2021	n/a	n/a	-CA$450k
Mar 31 2021	n/a	n/a	-CA$514k
Dec 31 2020	CA$176k	CA$176k	-CA$589k
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$2m
Dec 31 2019	CA$210k	CA$175k	-CA$2m
Sep 30 2019	n/a	n/a	-CA$1m
Jun 30 2019	n/a	n/a	-CA$1m
Mar 31 2019	n/a	n/a	-CA$1m
Dec 31 2018	CA$175k	CA$175k	-CA$1m
Sep 30 2018	n/a	n/a	-CA$1m
Jun 30 2018	n/a	n/a	-CA$1m
Mar 31 2018	n/a	n/a	-CA$1m
Dec 31 2017	CA$216k	CA$175k	-CA$1m

Compensation vs Market: Ian's total compensation ($USD94.25K) is below average for companies of similar size in the Canadian market ($USD174.31K).

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

CEO

Ian Bliss

21yrs

Tenure

CA$129,698

Compensation

Mr. Ian C. Bliss has been the Chief Executive Officer and President of Northern Shield Resources Inc. since May 30, 2003 and of the Corporation's predecessor since December 1999. Mr. Bliss has immense expe...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ian Bliss	President	21yrs	CA$129.70k	2.87% CA$ 107.5k
Samuel Legg	Chief Financial Officer	18.3yrs	CA$59.40k	no data
Christine Vaillancourt	Chief Geologist	no data	no data	no data
James O'Sullivan	Company Secretary	12.3yrs	no data	no data
Jacques Babineau	Consultant	no data	no data	no data
Wolfgang Maier	Consultant	no data	no data	no data

18.3yrs

Average Tenure

Experienced Management: NRN's management team is seasoned and experienced (18.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Ian Bliss	President	25.3yrs	CA$129.70k	2.87% CA$ 107.5k
Peter Dimmell	Independent Director	less than a year	no data	0.45% CA$ 16.9k
Laurence Jobin-Bevans	Independent Director	11.3yrs	no data	no data
Russell Richards	Independent Chairman of the Board	7.8yrs	no data	10.09% CA$ 378.0k

9.6yrs

Average Tenure

Experienced Board: NRN's board of directors are considered experienced (9.6 years average tenure).

Northern Shield Resources Management

Management criteria checks 4/4

Key information

Recent management updates

Northern Shield Resources Inc., Annual General Meeting, Jun 25, 2024

Independent Chairman of the Board recently bought CA$221k worth of stock

Northern Shield Resources Inc. Appoints Mr. Peter Dimmell to Board of Directors

Insufficient new directors

Insufficient new directors

Northern Shield Announces Resignation of Marcus Archer from the Board of Directors

Recent updates

New major risk - Financial position

Northern Shield Resources Inc., Annual General Meeting, Jun 25, 2024

Northern Shield Intersects Multiple Gold Structures Including 10.4 G/T Au over 1.5 Metres At Root & Cellar Property, Newfoundland

New major risk - Financial position

Northern Shield Resources Inc. Identifies Visible Gold in 3 of 8 Drill Holes, Root & Cellar Property, Newfoundland

Northern Shield Resources Inc. Provides Update on Diamond Drilling At Root & Cellar Property, Newfoundland, Visible Gold Noted in Drill-Core

Northern Shield Resources Inc. Samples 1.5% Cu+Ni and 12.3g/t PGE+Au from Idefix Ni-Cu-PGE Property, Northern Quebec

Northern Shield Resources Inc. Samples 26.0 g/t Gold, 27.9 g/t Silver, 185.0 g/t Tellurium, 1.7% Copper and Commences Diamond Drilling Program at Root & Cellar Property, Newfoundland

Northern Shield Resources Inc. announced that it has received CAD 0.2275 million in funding

Northern Shield Resources Inc. Provides an Update on Exploration At the Root & Cellar Gold- Tellurium-Silver-Copper Project Located Near Marystown on the Burin Peninsula, in Southeastern Newfoundland

Northern Shield Resources Inc. Commences Trenching Program and Prepares for Drilling At Root & Cellar Project, Newfoundland

Independent Chairman of the Board recently bought CA$221k worth of stock

Northern Shield Resources Inc. Appoints Mr. Peter Dimmell to Board of Directors

Northern Shield Resources Inc. Identifies New Area of Mineralization At Root & Cellar Gold-Copper Tellurium Project, Newfoundland

Northern Shield Commences Exploration At Root & Cellar Project, Newfoundland

Northern Shield Samples More High-Grade Gold at the Root & Cellar Project, Newfoundland

Northern Shield Resources Inc. Announces That More Visible Gold Has Been Identified At Root & Cellar Located on the Burin Peninsula in Southeastern Newfoundland

Northern Shield Resources Inc. announced that it has received CAD 0.530697 million in funding

Northern Shield Resources Inc. announced that it has received CAD 0.530697 million in funding

Insufficient new directors

Northern Shield Resources Inc. Identifies At Northern Shield's Root & Cellar Property, Newfoundland

Northern Shield Samples 111 g/t Gold in Grab Sample Proximal to New Target at Root & Cellar

Northern Shield Resources Inc. Identifies Substantial New Targets and Continues to Uncover New Mineralization At the Root and Cellar Gold

Insufficient new directors

Northern Shield Announces Resignation of Marcus Archer from the Board of Directors

Northern Shield Resources Inc Discovers New Gold Zone, Expanding Mineralized Footprint to 1,600 x 700 metres; Root & Cellar Project, Newfoundland

Insufficient new directors

Northern Shield Resources Inc. Expands Surface Mineralization, Provides Exploration Update, Root & Cellar Gold Project, Newfoundland

Northern Shield Revisits Idefix Ni-Cu-PGE Project in Northern Quebec

Northern Shield Resources Inc., Annual General Meeting, Jun 21, 2022

Northern Shield Announces Exploration Underway at Root & Cellar Gold Project, Newfoundland

Northern Shield Resources Inc. Provides Update on Root & Cellar Gold Project, Newfoundland

Northern Shield Resources Inc. Provides an Update on Exploration At Its Root & Cellar Gold-Silver-Copper Project

Northern Shield Resources Inc. Provides an Update on Exploration and Interpretation from the Root & Cellar Gold-Silver-Copper Project

Northern Shield Resources Inc. Updates on Root & Cellar Gold-Silver Project, Newfoundland

Northern Shield Resources Inc. Provides Update on the Third Phase of Drilling At Its Shot Rock Gold Project in Nova Scotia and Progress on the Geophysical Survey At Root & Cellar in Newfoundland

Northern Shield Resources Inc. Commences Ground Geophysics at Root & Cellar Gold-Silver Project, Newfoundland

Northern Shield Resources Inc. Commences Phase 3 Drilling Program At Shot Rock Gold-Silver Property, Nova Scotia

Northern Shield Continues to Find High-Grade Gold at Root & Cellar Project, Newfoundland

Northern Shield Announces Further Drilling to Commence Shortly At Shot Rock Gold-Silver Property, Nova Scotia

Northern Shield Resources Inc. Discovers More Gold Mineralization At Root & Cellar Project, Newfoundland

Northern Shield Resources Inc. announced that it has received CAD 0.5 million in funding from Crescat Portfolio Management LLC and other investors

Northern Shield Completes Ground Geophysical Survey at Shot Rock Gold Project, Nova Scotia

Northern Shield Resources Inc. Announces Results from Its Soil Sampling Program at the Root & Cellar Property

Northern Shield Resources Inc. announced that it has received CAD 2.692 million in funding from Crescat Portfolio Management LLC and other investors

Northern Shield Resources Inc. (TSXV:NRN) acquired Two Licences on Merasheen Island in Placentia Bay, Newfoundland.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure