Sokoman Minerals Management

Management criteria checks 3/4

Sokoman Minerals' CEO is Tim Froude, appointed in May 2014, has a tenure of 9.92 years. total yearly compensation is CA$245.00K, comprised of 69.4% salary and 30.6% bonuses, including company stock and options. directly owns 0.35% of the company’s shares, worth CA$50.87K. The average tenure of the management team and the board of directors is 5.6 years and 7.1 years respectively.

Key information

Tim Froude

Chief executive officer

CA$245.0k

Total compensation

CEO salary percentage	69.4%
CEO tenure	9.9yrs
CEO ownership	0.4%
Management average tenure	5.6yrs
Board average tenure	7.1yrs

Recent management updates

Recent updates

Companies Like Sokoman Minerals (CVE:SIC) Could Be Quite Risky

Sep 06

Is Sokoman Minerals (CVE:SIC) In A Good Position To Deliver On Growth Plans?

Mar 10

CEO Compensation Analysis

How has Tim Froude's remuneration changed compared to Sokoman Minerals's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-CA$3m
Sep 30 2023	n/a	n/a	-CA$9m
Jun 30 2023	CA$245k	CA$170k	-CA$10m
Mar 31 2023	n/a	n/a	-CA$12m
Dec 31 2022	n/a	n/a	-CA$12m
Sep 30 2022	n/a	n/a	-CA$13m
Jun 30 2022	n/a	n/a	-CA$12m
Mar 31 2022	n/a	n/a	-CA$10m
Dec 31 2021	n/a	n/a	-CA$8m
Sep 30 2021	n/a	n/a	-CA$7m
Jun 30 2021	CA$140k	CA$140k	-CA$4m
Mar 31 2021	n/a	n/a	-CA$3m
Dec 31 2020	n/a	n/a	-CA$2m
Sep 30 2020	n/a	n/a	-CA$2m
Jun 30 2020	CA$258k	CA$140k	-CA$2m
Mar 31 2020	n/a	n/a	-CA$2m
Dec 31 2019	n/a	n/a	-CA$3m
Sep 30 2019	n/a	n/a	-CA$4m
Jun 30 2019	CA$386k	CA$226k	-CA$3m
Mar 31 2019	n/a	n/a	-CA$3m
Dec 31 2018	n/a	n/a	-CA$2m
Sep 30 2018	n/a	n/a	-CA$1m
Jun 30 2018	CA$73k	CA$73k	-CA$522k
Mar 31 2018	n/a	n/a	-CA$605k
Dec 31 2017	n/a	n/a	-CA$498k
Sep 30 2017	n/a	n/a	-CA$410k
Jun 30 2017	CA$44k	CA$39k	-CA$367k

Compensation vs Market: Tim's total compensation ($USD178.80K) is about average for companies of similar size in the Canadian market ($USD174.55K).

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

CEO

Tim Froude (62 yo)

9.9yrs

Tenure

CA$245,000

Compensation

Mr. Timothy D. L. Froude, also known as Tim, P. Geo. serves as Independent Director at Benton Resources Inc. since June 12, 2020. He serves as Chief Executive Officer, President and Director at Sokoman Min...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Timothy Froude	CEO, President & Director	9.9yrs	CA$245.00k	0.35% CA$ 50.9k
Sung Min Myung	Chief Financial Officer	5.6yrs	CA$69.37k	no data
Catherine Hume	VP of Corporate Development & Director	no data	no data	0.52% CA$ 75.2k
Daniel Lee	Vice President Exploration	3yrs	no data	no data

5.6yrs

Average Tenure

Experienced Management: SIC's management team is seasoned and experienced (5.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Timothy Froude	CEO, President & Director	13.3yrs	CA$245.00k	0.35% CA$ 50.9k
Catherine Hume	VP of Corporate Development & Director	7.1yrs	no data	0.52% CA$ 75.2k
Peter Dimmell	Independent Director	5.8yrs	no data	0.023% CA$ 3.3k
Colin Bowdidge	Independent Director	7.1yrs	no data	no data
James Adams	Independent Director	5.3yrs	no data	no data

7.1yrs

Average Tenure

Experienced Board: SIC's board of directors are considered experienced (7.1 years average tenure).

Sokoman Minerals Management

Management criteria checks 3/4

Key information

Recent management updates

Sokoman Minerals Corp., Annual General Meeting, Nov 30, 2023

Insufficient new directors

Insufficient new directors

Insufficient new directors

Insider recently sold CA$57k worth of stock

Sokoman Minerals Corp., Annual General Meeting, Feb 12, 2021

Recent updates

Sokoman Minerals Corp. Provides Update on Moosehead Gold Project, Central Newfoundland

Sokoman Minerals Corp. Expands 552 Zone at Moosehead Gold Project, Central Newfoundland

Sokoman Resumes Diamond Drilling At the Moosehead Gold Project, Central Newfoundland

Sokoman Minerals Corp. announced that it has received CAD 3.711035 million in funding

Sokoman Minerals Corp. Updates the Moosehead Gold Project, Central Newfoundland 552 Zone to Be Focus in 2024

Sokoman Minerals Corp. announced that it has received CAD 3.711035 million in funding

Sokoman Minerals Corp. announced that it expects to receive CAD 3 million in funding

New major risk - Market cap size

Sokoman Minerals Corp. Provides an Update on the Ongoing Drilling Program At the 100%-Owned Moosehead Project

Sokoman Minerals Corp., Annual General Meeting, Nov 30, 2023

Sokoman Minerals Corp. Reports Visible Gold at Fleur De Lys Gold Project North-Central Newfoundland

Sokoman Mineralscorp. Provides Update on the Ongoing Drilling Program At the 100%-Owned Moosehead Gold Project

Companies Like Sokoman Minerals (CVE:SIC) Could Be Quite Risky

Sokoman Minerals Corp. Reports High-Grade Gold Assays Fleur De Lys Gold Project - North-Central Newfoundland

Sokoman Minerals Corp. Provides Update - Moosehead Gold Project, Central Newfoundland

Sokoman Minerals Corp. Provides Exploration Update At Moosehead Gold Project, Central Newfoundland

Sokoman Minerals Corp. Provides Update on Fleur De Lys Gold Project North-Central Newfoundland

Sokoman Minerals Corp. Provides Recent Drilling Results At Moosehead Gold Project

Benton and Sokoman Provide Exploration Update on Li / Cs Exploration Golden Hope JV- Southwestern Newfoundland

Is Sokoman Minerals (CVE:SIC) In A Good Position To Deliver On Growth Plans?

Sokoman and Benton Report Kraken Lithium Discovery Best Drill Intercepts to Date

Sokoman Minerals Corp. Reports Additional High-Grade Gold At Eastern Trend Moosehead Gold Project, Central Newfoundland

Sokoman Minerals Corp. Reports Additional Eastern Trend Mineralization and Provides Update on MH-22-463; Moosehead Gold Project, Central Newfoundland

Benton Resources Inc. and Sokoman Minerals Corp. Report Final Assay Results from Golden Hope Joint Venture Project

Sokoman Minerals Corp. announced that it has received CAD 4.142752 million in funding

Sokoman Minerals Corp. Reports Final Till Sampling Results Fleur De Lys Project, North-Central Newfoundland

Sokoman Minerals Corp. Provides Drilling Update on Moosehead Gold Project, Central Newfoundland

Sokoman Minerals Corp. announced that it expects to receive CAD 3 million in funding

Benton Resources Inc. and Sokoman Minerals Corp. Report Kraken Lithium Prospect Phase 3 Drilling Program Underway; First Three Holes Cut Spodumene-Rich Dykes Up to 14 M Thick

Sokoman Minerals Corp. Announces Assay Results from the Ongoing 100,000 M Phase 6 Program At Moosehead

Sokoman and Benton Discover High-Grade Cesium Mineralization in Outcrop 12 km NE of the Kraken Lithium Pegmatite Swarm in Southwestern Newfoundland Drilling to Re-Start At Kraken Immediately

Insufficient new directors

Sokoman Minerals Corp. and Benton Resources Inc. Intersect Gold in All Five Drill Holes over 5 Km Strike Length Confirming Extensive Gold System At Grey River

Benton Resources Inc. and Sokoman Minerals Corp. Announces Kraken Lithium Prospect Phase 2 Drill Results Exploration Update

Sokoman Minerals Corp. Reports the Thickest High-Grade Drill Results from the Lower Eastern Trend to Date

Sokoman Minerals Corp. and Benton Resources Inc. Provide an Update on Drilling at the Kraken Lithium and Grey River Gold Projects, Southwest Newfoundland

Sokoman Minerals Corp. Reports Additional High-Grade Assays from the Moosehead Gold Project and the Recognition of a Potential New Gold Zone Adjacent to the Lower Portion of the Main Eastern Trend

Benton and Sokoman Report Final Results from Recon Drilling at the Kraken Pegmatite Field - Golden Hope Project, SW Newfoundland

Sokoman Minerals Corp. and Benton Resources Inc. Commence Drilling At Grey River

Sokoman Minerals Corp. Reports Additional High-Grade Assays from the Moosehead Project Including Multiple Holes from the Expanding 75 Zone

Sokoman Minerals Corp. Outlines Proposed 2nd and 3rd Quarter 2022 Exploration on Newfoundland Projects

Insufficient new directors

Sokoman Minerals Corp. Reports Additional Strong Results from the Barge Drill Program Moosehead Project, Central Newfoundland

Sokoman Minerals Reports Higher Gold Grain Counts to Date in Till Fleur De Lys Project, North-Central Newfoundland

Benton Resources Inc. and Sokoman Minerals Corp. Complete Recon Drilling at Kraken Pegmatite Field on the Golden Hope Project, Southwestern Newfoundland

Insufficient new directors

Benton Resources Inc. and Sokoman Minerals Corp. Initiate Drill Program at the Kraken Lithium Prospect on the Golden Hope JV in Southwest Newfoundland Near the Village of Burgeo

Sokoman and Benton Continue to Expand the Kraken Lithium Pegmatite Swarm in Newfoundland and Initiate Drill Mobilization

Benton Resources Inc. Gold Discovery At the Grey River Gold Project, Southern Newfoundland

Benton Resources Inc. and Sokoman Minerals Corp. Confirms First High- Grade Lithium Discovery in Newfoundland At the Golden Hope Project

Sokoman and Benton Confirm High-Grade Gold and Receipt of Drill Permits for Grey River, Southern Newfoundland

Sokoman Minerals Corp. Receives Final Water Permit for Barge-Based Drilling At Moosehead Gold Project, Newfoundland

Sokoman Minerals Mobilizes Third Drill Rig at Moosehead Gold Project, Newfoundland

Insider recently sold CA$57k worth of stock

C2C Gold Corp. (OTCPK:CTCG.F) entered into an agreement to acquire Jumpers Brook Gold Project in the Central Newfoundland Gold Belt from Sokoman Minerals Corp. (TSXV:SIC) for CAD 0.3 million.

Benton Resources Inc. (TSXV:BEX) and Sokoman Minerals Corp. (TSXV:SIC) acquired 324 claim (8,100 hectare) Grey River Gold Project in southern Newfoundland.

Sokoman Minerals Corp. (TSXV:SIC) and Benton Resources Inc. (TSXV: BEX) acquired 3,146 claim in south-central Newfoundland.

Sokoman Announces Additional High-Grade Results from the Moosehead Project, Central Newfoundland

Sokoman Confirms New Discovery at South Pond and Additional High-Grade Intercepts at Footwall Splay, Moosehead Project, Central Newfoundland

Sokoman Minerals Corp. announced that it expects to receive CAD 6.5 million in funding

New 90-day high: CA$0.30

Sokoman Minerals Corp. (TSXV:SIC) acquired Fleur de Lys Project.

Sokoman Minerals Corp. Announces Ongoing Phase 6 Drilling Program

Sokoman Minerals Corp. Announces Ongoing Phase 6 Drilling At the 100%-Owned Moosehead Property Continues to Intersect Near-Surface, High-Grade Gold Mineralization At the Recently Recognized Footwall Splay That Adjoins the Eastern Trend Main Zone

Sokoman Minerals Corp. Resumes Phase 6 Drill Program At Moosehead Gold Project, Central Newfoundland

Sokoman Minerals Corp. Provides Program Update, Moosehead Gold Project, Central Newfoundland

New 90-day high: CA$0.28

Sokoman Minerals Corp. announced that it has received CAD 3 million in funding

New 90-day high: CA$0.22