Canuc Resources Management

Management criteria checks 4/4

Canuc Resources' CEO is Chris Berlet, appointed in Apr 2017, has a tenure of 7.08 years. total yearly compensation is CA$230.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 10.59% of the company’s shares, worth €1.21M. The average tenure of the management team and the board of directors is 6 years and 5.4 years respectively.

Key information

Chris Berlet

Chief executive officer

CA$230.0k

Total compensation

CEO salary percentage	100.0%
CEO tenure	7.1yrs
CEO ownership	10.6%
Management average tenure	6yrs
Board average tenure	5.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Chris Berlet's remuneration changed compared to Canuc Resources's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-CA$2m
Sep 30 2023	n/a	n/a	-CA$3m
Jun 30 2023	n/a	n/a	-CA$2m
Mar 31 2023	n/a	n/a	-CA$2m
Dec 31 2022	CA$230k	CA$230k	-CA$2m
Sep 30 2022	n/a	n/a	-CA$4m
Jun 30 2022	n/a	n/a	-CA$5m
Mar 31 2022	n/a	n/a	-CA$5m
Dec 31 2021	CA$243k	CA$243k	-CA$6m
Sep 30 2021	n/a	n/a	-CA$5m
Jun 30 2021	n/a	n/a	-CA$4m
Mar 31 2021	n/a	n/a	-CA$4m
Dec 31 2020	CA$384k	CA$384k	-CA$2m
Sep 30 2020	n/a	n/a	-CA$2m
Jun 30 2020	n/a	n/a	-CA$989k
Mar 31 2020	n/a	n/a	-CA$828k
Dec 31 2019	CA$70k	CA$70k	-CA$588k
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$3m
Dec 31 2018	CA$65k	CA$65k	-CA$3m
Jun 30 2018	n/a	n/a	-CA$1m
Mar 31 2018	n/a	n/a	-CA$3m
Dec 31 2017	CA$100k	CA$100k	-CA$4m

Compensation vs Market: Chris's total compensation ($USD168.13K) is below average for companies of similar size in the German market ($USD399.70K).

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

CEO

Chris Berlet (54 yo)

7.1yrs

Tenure

CA$230,000

Compensation

Mr. Christopher J. Berlet, also known as Chris, B.Sc. (Mining), CFA, serves as an Independent Director of New Age Metals Inc. since July 29, 2020. He serves as President, CEO & Director at Canuc Resources...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Christopher Berlet	President	7.1yrs	CA$230.00k	10.59% CA$ 1.2m
Artie Li	CFO & Director	6yrs	CA$76.00k	no data
Robert Finley	Senior Vice President	5.2yrs	no data	no data
Tito Montano	Vice President of Exploration	5.3yrs	no data	no data
Khadijah Samnani	Corporate Secretary	6yrs	no data	no data

6.0yrs

Average Tenure

Experienced Management: C8SN's management team is seasoned and experienced (6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Christopher Berlet	President	16.3yrs	CA$230.00k	10.59% CA$ 1.2m
Artie Li	CFO & Director	1.8yrs	CA$76.00k	no data
Paul Davis	Independent Director	7.2yrs	no data	no data
Marcus Chase	Independent Director	5.4yrs	no data	no data
Christopher Cheng	Independent Director	3.9yrs	no data	no data

5.4yrs

Average Tenure

Experienced Board: C8SN's board of directors are considered experienced (5.4 years average tenure).

Canuc Resources Management

Management criteria checks 4/4

Key information

Recent management updates

Canuc Resources Corporation, Annual General Meeting, Mar 28, 2024

Recent updates

Full year 2023 earnings released: CA$0.012 loss per share (vs CA$0.015 loss in FY 2022)

New major risk - Market cap size

New major risk - Market cap size

Canuc Resources Corporation, Annual General Meeting, Mar 28, 2024

Third quarter 2023 earnings released: CA$0.007 loss per share (vs CA$0.002 loss in 3Q 2022)

Second quarter 2023 earnings released: CA$0.01 loss per share (vs CA$0.002 loss in 2Q 2022)

Canuc Resources Corporation (TSXV:CDA) signed an agreement to acquire An additional claim at San Javier Silver-Gold Project in Mexico.

New major risk - Shareholder dilution

Canuc Resources Corporation announced that it has received CAD 2 million in funding

First quarter 2023 earnings released: CA$0.007 loss per share (vs CA$0.006 loss in 1Q 2022)

Full year 2022 earnings released: CA$0.015 loss per share (vs CA$0.06 loss in FY 2021)

Canuc Resources Corporation announced that it has received CAD 0.68 million in funding

Third quarter 2022 earnings released: CA$0.002 loss per share (vs CA$0.011 loss in 3Q 2021)

Canuc Resources Corporation (TSXV:CDA) signed an agreements to acquire 3 Additional Claims at San Javier in Sonora State, Mexico.

Canuc Resources Corporation announced that it has received CAD 0.27 million in funding

Second quarter 2022 earnings released: CA$0.002 loss per share (vs CA$0.008 loss in 2Q 2021)

First quarter 2022 earnings released: CA$0.007 loss per share (vs CA$0.019 loss in 1Q 2021)

Canuc Resources Corporation Provides San Javier Exploration Update

Full year 2021 earnings released: CA$0.06 loss per share (vs CA$0.028 loss in FY 2020)

Canuc Resources Corporation announced that it has received CAD 0.45 million in funding

Third quarter 2021 earnings: Revenues in line with analyst expectations

Second quarter 2021 earnings released

Canuc Resources Corporation Provides Update on Exploration Program at San Javier Ag-Au Project in Sonora State, Mexico

First quarter 2021 earnings released

Full year 2020 earnings released

Canuc Resources Corporation announced that it has received CAD 4.5 million in funding

Canuc Provides San Javier Exploration Update

New 90-day high: €0.24

Canuc Resources Corporation announced a financing transaction

New 90-day high: €0.21

New 90-day high: €0.21

Canuc Resources Corporation Commences Diamond Drill Operations at its San Javier Silver-Gold Project in Sonora State, Mexico

Canuc Resources Corporation(TSXV:CDA) dropped from S&P/TSX Venture Composite Index

Canuc Resources Corporation Announces Final Report from A Drone Supported Magnetic Survey Carried Out over the San Javier Ag-Au Project in Sonora State, Mexico

Canuc Resources Corporation announced that it has received CAD 0.3 million in funding

Third quarter 2020 earnings released: CA$0.01 loss per share

Canuc Resources Corporation Announces Results from Additional Rock Sampling on the San Javier Ag-Au Property

Canuc Resources Corporation Announces Preliminary Results from an Ongoing Work Program on the San Javier Silver-Gold Project

First half earnings released

Canuc Resources Corporation announced that it has received CAD 0.225 million in funding

Canuc Resources Corporation announced that it has received CAD 0.65 million in funding

Canuc Resources Corporation announced that it has received CAD 0.5175 million in funding

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure