Surge Copper Management

Management criteria checks 3/4

Surge Copper's CEO is Leif Nilsson, appointed in Jan 2021, has a tenure of 3.5 years. total yearly compensation is CA$414.06K, comprised of 60.4% salary and 39.6% bonuses, including company stock and options. directly owns 1.22% of the company’s shares, worth CA$487.44K. The average tenure of the management team and the board of directors is 3.5 years and 9.9 years respectively.

Key information

Leif Nilsson

Chief executive officer

CA$414.1k

Total compensation

CEO salary percentage	60.4%
CEO tenure	3.5yrs
CEO ownership	1.2%
Management average tenure	3.5yrs
Board average tenure	9.9yrs

Recent management updates

Recent updates

Companies Like Surge Copper (CVE:SURG) Are In A Position To Invest In Growth

Feb 15

CEO Compensation Analysis

How has Leif Nilsson's remuneration changed compared to Surge Copper'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$3m
Jun 30 2023	n/a	n/a	-CA$2m
Mar 31 2023	CA$414k	CA$250k	-CA$2m
Dec 31 2022	n/a	n/a	-CA$2m
Sep 30 2022	n/a	n/a	-CA$3m
Jun 30 2022	n/a	n/a	-CA$3m
Mar 31 2022	CA$463k	CA$250k	-CA$5m
Dec 31 2021	n/a	n/a	-CA$8m
Sep 30 2021	n/a	n/a	-CA$7m
Jun 30 2021	n/a	n/a	-CA$7m
Mar 31 2021	CA$63k	CA$63k	-CA$6m

Compensation vs Market: Leif's total compensation ($USD302.88K) is above average for companies of similar size in the Canadian market ($USD175.24K).

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

CEO

Leif Nilsson

3.5yrs

Tenure

CA$414,063

Compensation

Mr. Leif Nilsson serves as Independent Director of Adventus Mining Corporation since September 28, 2022. He serves as Chief Executive Officer at Surge Copper Corp since January 2021 and serves as its Direc...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Leif Nilsson	CEO & Director	3.5yrs	CA$414.06k	1.22% CA$ 487.4k
Shane Ebert	President	9.3yrs	CA$276.34k	0.99% CA$ 393.6k
Chantelle Collins	Corporate Secretary & CFO	7.4yrs	CA$121.98k	0.26% CA$ 104.1k
Mark Wheeler	Vice President of Projects	2.6yrs	CA$214.20k	0.23% CA$ 92.3k
Kinder Deo	Advisor	2.8yrs	no data	no data
Patrick Bell	Advisor	2.8yrs	no data	no data
Conrad Swanson	Advisor	no data	no data	no data

3.5yrs

Average Tenure

67yo

Average Age

Experienced Management: SURG's management team is considered experienced (3.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Leif Nilsson	CEO & Director	3.1yrs	CA$414.06k	1.22% CA$ 487.4k
Shane Ebert	President	13.3yrs	CA$276.34k	0.99% CA$ 393.6k
Patrick Glazier	Independent Director	14.9yrs	no data	3.41% CA$ 1.4m
Bradley Aelicks	Advisor	12.1yrs	no data	no data
Alvin Jackson	Advisor	no data	no data	no data
Richard Colterjohn	Independent Director	2.8yrs	no data	1.2% CA$ 476.6k
James Pettit	Independent Director	20.6yrs	no data	0.46% CA$ 182.9k
John Dorward	Independent Director	2.8yrs	no data	0.63% CA$ 250.1k
John-Mark Staude	Advisor	9.9yrs	no data	no data
Christian Kargl-Simard	Independent Non-Executive Chairman	3.8yrs	no data	1.01% CA$ 401.8k

9.9yrs

Average Tenure

62yo

Average Age

Experienced Board: SURG's board of directors are considered experienced (9.9 years average tenure).

Surge Copper Management

Management criteria checks 3/4

Key information

Recent management updates

CEO & Director exercised options to buy CA$59k worth of stock.

Surge Copper Corp., Annual General Meeting, Sep 21, 2023

Independent Director recently bought CA$100k worth of stock

Surge Copper Corp., Annual General Meeting, Sep 21, 2022

High number of new directors

Director recently bought CA$70k worth of stock

Recent updates

Surge Copper Corp. announced that it expects to receive CAD 1.633333 million in funding

Surge Copper Corp. announced that it has received CAD 3.930474 million in funding from ARM Copper Company Proprietary Limited

Surge Copper Corp. announced that it has received CAD 1 million in funding

Surge Copper Corp. announced that it expects to receive CAD 1 million in funding

Surge Copper Outlines Pre-Feasibility Technical Work Programs At Berg and Announces Additional Private Placement for Up to $1.0 Million

Surge Copper Corp. announced that it expects to receive CAD 3.762827 million in funding from ARM Copper Company Proprietary Limited

CEO & Director exercised options to buy CA$59k worth of stock.

Surge Copper Corp. Announces Exploration Results from 2023 Surface Work on the Berg Property in West-Central British Columbia

Surge Copper Corp. Announces Exploration Results from 2023 Surface Work on the Berg Property in West-Central British Columbia

Surge Copper Corp. Announces Assay Results from Drill Hole BRG23-245

Surge Copper Corp. Announces Assay Results from Drill Hole BRG23-244, the Second Hole of it’s 2023 Drilling Program Testing the Deeper Portions of the Large Berg Copper-Molybdenum Deposit in West-Central British Columbia

New major risk - Market cap size

Surge Copper Corp. Intersects 756 metres Grading 0.36% CuEq Including 90 metres Grading 0.46% CuEq at the Berg Deposit

New major risk - Financial position

Surge Copper Corp., Annual General Meeting, Sep 21, 2023

Surge Copper Corp. Announces That It Has Commenced Its 2023 Field Exploration Program Which Is Anticipated to Run During the Summer Months of 2023 and Include Both Diamond Drilling At the Berg Deposit and Surface Exploration At Multiple Target Areas Throughout the Berg-Ootsa District

Surge Copper Confirms Large New Zinc-Silver-Gold-Lead Discovery at Ootsa Intersecting 138 metres of greater than 1% Zinc + Lead Mineralization with 8.1 g/t Silver

Independent Director recently bought CA$100k worth of stock

Surge Copper Corp. announced that it has received CAD 3.881625 million in funding

Surge Copper Corp. announced that it has received CAD 3.881625 million in funding

Surge Copper Corp. announced that it expects to receive CAD 1.248 million in funding

Surge Copper Corp. Identifies New Copper-Gold Porphyry Potential 300 Metres Northeast of the East Seel Deposit Intersecting 100 Metres Grading 0.42% Cueq

Surge Copper Corp. Announces Completion of Assay Results from the First Phase of the its 2022 Regional Exploration Program in Central British Columbia

Surge Copper Corp Commences Preliminary Economic Assessment on Berg Project

Surge Copper Corp. Completes 2022 District Scale Exploration Program and Announces Initial Drill Results Including 40 metres of 2.1% CuEq including 26 metres of 3.1% CuEq in Step Out Drilling at the Seel Breccia East Zone

Surge Copper Corp. Announces Successful Completion of Advanced Metallurgical Testwork Program At Seel Deposit

Surge Copper Corp. Receives Berg Exploration Permit, Mobilizes Drills to the Berg Property, and Provides Exploration Update

Surge Copper Corp., Annual General Meeting, Sep 21, 2022

Surge Copper Corp. Provides Updated Mineral Resource Estimate for Its Ootsa Property

Surge Copper Commences 2022 Exploration Program Testing Multiple New Targets Across Ootsa-Berg District

Surge Copper Commences 2022 Exploration Program Testing Multiple New Targets Across Ootsa-Berg District

High number of new directors

Surge Copper Identifies Multiple New EM Targets in District Scale Geophysical Survey

Surge Copper Corp. Announces Complete Assay Results for 3 Holes from the Berg Deposit Located on the Berg Property in British Columbia

Surge Copper Corp. Announces Complete Assay Results for 13 Holes from the Seel Breccia Zone At the Company's 100% Owned Ootsa Property in British Columbia

Surge Copper Corp. Intersects 28 Metres of 0.9% CuEq Including 16 Metres of 1.3% CuEq at the Seel Breccia Zone

Surge Copper Corp. Announces Complete Assay Results for 15 Holes from the Seel Breccia Zone At the 100% Owned Ootsa Property in British Columbia

Director recently bought CA$70k worth of stock

Independent Director recently bought CA$58k worth of stock

Surge Copper Corp. Intersects 422 metres of 0.52% CuEq including 200 metres of 0.60% CuEq at West Seel and Provides Update on Resource Estimate

High number of new directors

High number of new directors

Independent Director Kinder Deo has left the company

Independent Director Patrick Bell has left the company

Independent Director Patrick Bell has left the company

Independent Director Kinder Deo has left the company

Surge Copper Corp. Commences 2021 Drill Program at Berg

Surge Copper Intersects 194 metres of 0.76% CuEq within 364 metres of 0.56% CuEq in Step Out Drilling at West Seel

Surge Copper Corporation acquired Two Claims.

Surge Copper Provides Update on Summer Field Programs at Ootsa and Berg Projects

Surge Copper Corp. Announces Assay Results for Multiple Resource Definition and Exploration Holes from the 100% Owned Ootsa Property in British Columbia

Surge Copper Corp. announced that it has received CAD 14.014125 million in funding

Surge Copper Announces 2021 Exploration Plans

Surge Copper Corp. Intersects 830 Metres of 0.38% Cueq and 378 Metres of 0.40% Cueq At West Seel

Surge Copper Corp. Announces 610 Million Tonne Measured and Indicated Cu-Mo-Ag Mineral Resource for the Berg Deposit

New 90-day low: CA$0.40

Surge Copper Corp. Announces Assay Results for Multiple Resource Definition and Exploration Holes from Ootsa Property in British Columbia

Companies Like Surge Copper (CVE:SURG) Are In A Position To Invest In Growth

Surge Copper Corp. Resumes Drilling at Ootsa and Expands Drill Program

Surge Copper Corp. Appoints Leif Nilsson as Chief Executive Officer

Surge Copper Corp. Drills 0.51% Copper Equivalent over 700 Metres at Ootsa Including 0.60% Copper Equivalent over 422 Metres

New 90-day high: CA$0.70

Surge Copper Corp. Announces Assay Results for the Upper Portion of Hole S20-218, the First Hole of the 2020 Drilling Program At the Company's 100% Owned Ootsa Property in British Columbia

New 90-day high: CA$0.45

Surge Copper Corp. Announces 10,000 Metre Core Drilling Program At the Company’s 100% Owned Ootsa Property

Surge Copper Corp. announced that it has received CAD 6.5 million in funding from Altius Resources, Inc.

New 90-day high: CA$0.40

Surge Copper Corp. announced that it expects to receive CAD 6.454545 million in funding

Surge Copper Corp. Announces Board Changes