SPC Nickel Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Grant Mourre

Chief executive officer

CA$292.0k

Total compensation

CEO salary percentage	56.9%
CEO tenure	11.2yrs
CEO ownership	0.3%
Management average tenure	no data
Board average tenure	10.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Grant Mourre's remuneration changed compared to SPC Nickel's earnings?
Date	Total Compensation	Salary	Company Earnings
May 31 2024	n/a	n/a	-CA$3m
Feb 29 2024	n/a	n/a	-CA$4m
Nov 30 2023	n/a	n/a	-CA$4m
Aug 31 2023	CA$292k	CA$166k	-CA$4m
May 31 2023	n/a	n/a	-CA$4m
Feb 28 2023	n/a	n/a	-CA$3m
Nov 30 2022	n/a	n/a	-CA$4m
Aug 31 2022	CA$281k	CA$149k	-CA$5m
May 31 2022	n/a	n/a	-CA$5m
Feb 28 2022	n/a	n/a	-CA$5m
Nov 30 2021	n/a	n/a	-CA$5m
Aug 31 2021	CA$208k	CA$97k	-CA$4m
May 31 2021	n/a	n/a	-CA$3m
Feb 28 2021	n/a	n/a	-CA$2m
Nov 30 2020	n/a	n/a	-CA$1m
Aug 31 2020	CA$52k	n/a	-CA$932k
Aug 31 2019	CA$102k	n/a	-CA$685k

Compensation vs Market: Grant's total compensation ($USD208.22K) is about average for companies of similar size in the Canadian market ($USD166.75K).

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

CEO

Grant Mourre (48 yo)

11.2yrs

Tenure

CA$292,015

Compensation

Mr. Grant Mourre, M. Sc., P.Geo, serves as President at SPC Nickel Corp. (formerly known as Sudbury Platinum Corporation) since September 09, 2013, Chief Executive Officer since November 23, 2020 and serve...

Board Members

Name	Position	Tenure	Compensation	Ownership
Scott McLean	Executive Chairman	11.2yrs	CA$93.20k	0.52% CA$ 24.9k
Grant Mourre	President	4yrs	CA$292.02k	0.31% CA$ 14.8k
William Shaver	Independent Director	11.1yrs	CA$9.50k	2.81% CA$ 135.0k
Alistair Ross	Independent Director	9.8yrs	CA$9.50k	no data
Olav Langelaar	Independent Director	4yrs	CA$19.00k	0.20% CA$ 9.6k
Brian Montgomery	Independent Director	11.1yrs	CA$9.50k	0.077% CA$ 3.7k
Joseph Alger St-Jean	Independent Director	10.5yrs	CA$9.50k	0.062% CA$ 3.0k

10.5yrs

Average Tenure

62yo

Average Age

Experienced Board: SPC's board of directors are seasoned and experienced ( 10.5 years average tenure).

SPC Nickel Management

Management criteria checks 2/4

Key information

Recent management updates

SPC Nickel Corp., Annual General Meeting, Feb 13, 2024

Insufficient new directors

SPC Nickel Corp., Annual General Meeting, Feb 14, 2023

Recent updates

SPC Nickel Corp. Announces New High-Grade Drill Results from the Recently Completed 2024 Drill Program at the Company's West Graham Project

SPC Nickel Corp. Intersects 0.83% Nickel and 0.19% Copper over 14.7 Metres At the West Graham Project, Sudbury, Ontario

New major risk - Share price stability

SPC Nickel Corp. Reports Assay Results from its 2024 Exploration Program at Muskox Project, Nunavut

Spc Nickel Corp. Reports Additional Drill Results At the West Graham Project, Sudbury, Ontario

New major risk - Financial position

SPC Nickel Corp. Intersects 1.41% Nickel and 0.33% Copper over 16.0 Metres At the West Graham Project, Sudbury, Ontario

SPC Nickel Corp. Initiates 2024 Exploration Program At Muskox Nickel-Copper Project, Nunavut

SPC Nickel Corp. Reports High-Grade Channel Sampling Results At the West Graham Project, Including 0.94% Ni and 0.44% Cu over 17.0 Meters

New major risk - Shareholder dilution

SPC Nickel Corp. announced that it has received CAD 2.0145 million in funding

SPC Nickel Initiates Drill Program on the West Graham Nickel-Copper Project, Sudbury, Ontario

SPC Nickel Corp. announced that it expects to receive CAD 1.5 million in funding

New major risk - Share price stability

SPC Nickel Corp. Initiates Metallurgical Test Program at West Graham Project

SPC Nickel Corp. Announces Filing of Ni 43-101 Technical Report for the West Graham Maiden Mineral Resource and the Adjacent Updated LKE Resource

SPC Nickel Corp. Announces Maiden Mineral Resource Estimate for West Graham Project

New major risk - Financial position

SPC Nickel Corp., Annual General Meeting, Feb 13, 2024

Insufficient new directors

SPC Nickel Corp. Announces Final Assays from Resource Definition Drilling At West Graham Project and Provides 2023 Program Review

SPC Nickel Corp. Announces Additional Shallow Mineralization Grading 1.01% Nickel and 0.53% Copper over 17.0 Metres At West Graham Project

SPC Nickel Corp. Successfully Completes Resource Drilling Program on Its West Graham Project

SPC Nickel Corp. Announces Additional Phase 2 Assay Results from Series of Short Holes Drilling

Spc Nickel Corp. Announces Assay Results At the West Graham Project

New major risk - Share price stability

Spc Nickel Corp. Announces Additional Drill Assays Results from the West Graham Project, Sudbury, Ontario

New minor risk - Shareholder dilution

SPC Nickel Corp. announced that it has received CAD 2.263876 million in funding

SPC Nickel Corp. announced that it expects to receive CAD 3 million in funding

SPC Nickel Corp. announced that it expects to receive CAD 3 million in funding

SPC Nickel Corp. Announces New Assay Results from Phase 1 of the West Graham Project Resource Definition Drilling Campaign

SPC Nickel Corp., Annual General Meeting, Feb 14, 2023

SPC Nickel Corp. Announces Final Results from West Graham Nickel-Copper Deposit Drilling Program Confirm and Expand Historical Resource Mineralization at SPC Nickel's Lockerby East Project, Sudbury, Ontario

SPC Nickel Intersects 12.0 Metres of 1.03% Nickel Equivalent Within A Larger Zone Grading 0.68% Nickel Equivalent over 54.0 Metres At the Lockerby East Nickel-Copper Project, Sudbury, Ontario

SPC Nickel Reports High Grades Assay Results from Samples Collected on the Muskox Property, Nunavut

SPC Nickel Corp. Announces Results from Further 4 Out of 18 Diamond Drill Holes from the Completed 2022 Drill Program At Its 100% Owned Lockerby East Project Located in Sudbury, Ontario

SPC Nickel Corp. Announces the First Assay Results from the On-Going Drill Program At Lockerby East Project

SPC Nickel Corp. Provides Update on the Reinterpretation of Historic Geophysical Data Collected on the Muskox Property, Nunavut

SPC Nickel Corp. Nickel Provides Update on 2022 Exploration Programs

SPC Nickel Corp. announced that it expects to receive CAD 1.928572 million in funding

SPC Nickel Corp. Provides an Update of Activities on the Company's 100% Held, 43,000 Hectares Muskox Property Located in Nunavut, Canada

SPC Nickel Corp. Announces Final Assay Results from the Drill Program At Its Janes Ni-Cu-PGM Project Located in Sudbury, Ontario

SPC Nickel Corp. Announces Additional Successful Drill Results from Janes Ni-Cu-PGM Project

SPC Nickel Corp. Announces Partial Assay Results from the Drill Program At Its Janes Ni- Cu-PGM Project Located in Sudbury, Ontario

SPC Nickel Corp. Provides Update on Aer-Kidd Drill Program

SPC Nickel Corp. Announces the Commencement of the 2021 Drill Program at Its Janes Ni-Cu-PGM Project

SPC Nickel Corp. Announces Commencement of Spartan MT Geophysical Program At Its Aer- Kidd Project

SPC Nickel Corp. Announces the Commencement of the 2021 Drill Program At Its Aer- Kidd Ni-Cu-PGM Project (The "Project") Located in Sudbury, Ontario

CEO Compensation Analysis

CEO

Tenure

Compensation

Board Members

Average Tenure

Average Age