Falcon Gold Management

Management criteria checks 3/4

Falcon Gold's CEO is Karim Rayani, appointed in Jun 2019, has a tenure of 5.42 years. total yearly compensation is CA$180.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 2.44% of the company’s shares, worth €75.14K. The average tenure of the management team and the board of directors is 3.9 years and 2.8 years respectively.

Key information

Karim Rayani

Chief executive officer

CA$180.0k

Total compensation

CEO salary percentage	100.0%
CEO tenure	5.4yrs
CEO ownership	2.4%
Management average tenure	3.9yrs
Board average tenure	2.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Karim Rayani's remuneration changed compared to Falcon Gold's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	-CA$862k
Dec 31 2023	n/a	n/a	-CA$889k
Sep 30 2023	n/a	n/a	-CA$1m
Jun 30 2023	CA$180k	CA$180k	-CA$991k
Mar 31 2023	n/a	n/a	-CA$846k
Dec 31 2022	n/a	n/a	-CA$979k
Sep 30 2022	n/a	n/a	-CA$1m
Jun 30 2022	CA$305k	CA$170k	-CA$1m
Mar 31 2022	n/a	n/a	-CA$1m
Dec 31 2021	n/a	n/a	-CA$870k
Sep 30 2021	n/a	n/a	-CA$791k
Jun 30 2021	CA$108k	CA$108k	-CA$887k
Mar 31 2021	n/a	n/a	-CA$1m
Dec 31 2020	n/a	n/a	-CA$1m
Sep 30 2020	n/a	n/a	-CA$1m
Jun 30 2020	CA$71k	CA$71k	-CA$671k

Compensation vs Market: Karim's total compensation ($USD128.55K) is below average for companies of similar size in the German market ($USD475.63K).

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

CEO

Karim Rayani

5.4yrs

Tenure

CA$180,000

Compensation

Mr. Karim Rayani serves as Chief Executive Officer and Director at Ibero Mining Corp. (formerly known as Europacific Metals Inc.) since October 17, 2023 and serves as its Executive Chairman from August 22,...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Karim Rayani	CEO & Director	5.4yrs	CA$180.00k	2.44% € 75.1k
Brian Crawford	Chief Financial Officer	1.8yrs	no data	no data
Stephenson Wilkinson	Geological Advisor	5.4yrs	CA$57.95k	no data
Diana Alvarez	Corporate Secretary	2.4yrs	no data	no data

3.9yrs

Average Tenure

Experienced Management: 3FA's management team is considered experienced (3.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Karim Rayani	CEO & Director	5.4yrs	CA$180.00k	2.44% € 75.1k
Michelle Suzuki	Independent Director	2.8yrs	no data	no data
Aaron Kemp	Independent Director	1.3yrs	no data	no data

2.8yrs

Average Tenure

Experienced Board: 3FA's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.

Falcon Gold Management

Management criteria checks 3/4

Key information

Recent management updates

Falcon Gold Corp., Annual General Meeting, Aug 19, 2024

Falcon Gold Corp. Appoints Aaron Kemp to the Board of Directors

Falcon Gold Corp. Appoints Diana Alvarez as Corporate Secretary

Falcon Gold Corp., Annual General Meeting, Aug 10, 2022

No independent directors

Falcon Gold Corp. Announces Chief Financial Officer Changes

Recent updates

Falcon Gold Corp Commences Drilling At Its Great Burnt Copper Project Located in Central Newfoundland

Falcon Gold Corp. Mobilizes Drill Crews at Great Burnt Copper Project in Central Newfoundland

Falcon Gold Corp. Reports the Status of Drill Program At Great Burnt Copper Project, Newfoundland

Falcon Gold Corp. announced that it has received CAD 0.6931 million in funding

Falcon Gold Corp., Annual General Meeting, Aug 19, 2024

Falcon Gold Corp. to Commence Drill Program At Great Burnt, Newfoundland

Falcon Gold Corp. announced that it expects to receive CAD 0.51 million in funding

Falcon Gold Corp. announced that it has received CAD 0.224455 million in funding

New minor risk - Shareholder dilution

New minor risk - Financial data availability

Falcon Gold Corp. Plans to Return for Phase 3 Drilling At Central Canada, Renews Pre-Production Payments

Marvel Discovery Corp. and Falcon Gold Corp. Receives Assay Results from the Late Spring, Early Summer 2023 Exploration Program Conducted over the Kraken Project Located in Southern Newfoundland

Falcon Gold Corp. announced that it expects to receive CAD 0.15 million in funding

Falcon Gold Corp. Receives Assays At Golden Brook "Moose Mountain" Project, Identifies Lithium and Multiple Rare Earth Element Anomalies

Marvel Discovery Corp. and Falcon Gold Corp. Receives Assay Results from the Late Spring, Early Summer 2023 Exploration Program Conducted over the Gun Flap Hill Project Located in Southern Newfoundland

Falcon Gold Corp. Receives Assays at Golden Brook Gun Flap Hill Project and Identifies Multiple Critical Element Anomalies

Falcon Gold Corp. Appoints Aaron Kemp to the Board of Directors

CBLT Inc. (TSXV:CBLT) acquired Falcon Gold Property from Falcon Gold Corp. (TSXV:FG).

Falcon Gold Corp. and Marvel Discovery Corp. Announce Mobilization of Field Crews to Golden Brook Lithium Prospect Located in Southwestern Newfoundland, Canada

Falcon Gold Corp. announced that it has received CAD 1.39275 million in funding

Falcon Gold Corp. announced that it expects to receive CAD 0.8 million in funding

Falcon Gold Corp. Initiates Airborne Survey over Its HSP South Project - Contiguous to Go Metals Corp

Falcon Gold Corp. Announces Initial Surface Sampling Results At Gander North and Filing of Drill Permit

Falcon Gold Corp. announced that it has received CAD 0.3 million in funding

Falcon Gold Corp. Appoints Diana Alvarez as Corporate Secretary

Falcon Gold Corp. (TSXV:FG) acquired 93 claims covering 5, 138 hectares located 120 km northwest of Baie-Comeau, Quebec for CAD 0.02 million.

Falcon Gold Corp., Annual General Meeting, Aug 10, 2022

No independent directors

Falcon Gold Corp. (TSXV:FG) acquired Victoria West Project.

Falcon Gold Corp. Reports Phase III Drill Program on the Central Canada Gold Project

Falcon Expands Gaspard Gold Anomaly to 5 Kilometers

Falcon Gold Corp. (TSXV:FG) acquired 406 Claims in Gander North Area.

Falcon Gold Corp. announced that it expects to receive CAD 0.5 million in funding

Falcon Gold Corp. Announces an Exploration Crew Have Been Sent to the High-Grade Spitfire-Sunny Boy Project

Falcon Gold Corp. Applies for Work Permits At Hope Brook

Falcon Gold Corp. (TSXV:FG) acquired 91 claims totaling 2,275 hectares located in the Great Burnt greenstone belt in central Newfoundland.

Falcon Gold Corp. (TSXV:FG) acquired 548 Claims located along the Baie Verte Brompton Line, Central Newfoundland Belt.

Falcon Gold Corp. Commences Field Work on its Gaspard Gold Project Near Spences Bridge, BC

Falcon Gold Corp. Announces It Has Acquired Significant Land Position Within the Hope Brook Area, Newfoundland

Falcon Gold Corp. announced that it expects to receive CAD 0.18 million in funding

Falcon Gold Corp. Reports Gold Intersections and Provides Outline for 2021 Exploration at the Central Canada Mine Property, NW Ontario

Falcon Gold Corp. Announces First Report of 2021 with This Update on Its Fall Drilling Program At the Central Canada Gold Mine

Falcon Gold Corp. (TSXV:FG) entered into an agreement to acquire 100% interest in Gaspard Claims in central British Columbia for CAD 0.075 million.

Falcon Gold Corp. Announces First Report of 2021 with Update on Its Fall Drilling Program At the Central Canada Gold Mine

Falcon Gold Corp. announced that it expects to receive CAD 0.75 million in funding

Falcon Gold Corp. Initiates Second Round 2,000 Meter Drill Program, Central Canada Gold Mine, Atikokan, Ontario

Falcon Gold Corp. Announces Chief Financial Officer Changes

Falcon Gold Corp. Identifies Historic Gold Mineralization South of Recent Drilling and Mobilizes Airborne Magnetics Survey, Central Canada Gold Project, Atikokan, Ontario

Portofino Resources Inc. (TSXV:POR) acquired Bruce Lake Property from Falcon Gold Corp. (TSXV:FG) for CAD 0.13 million.

Falcon Gold Corp. (TSXV:FG) acquired 4,440 Hectares of Mining Land Located Northeast of Red Lake, Ontario.

Falcon Gold Corp. (TSXV:FG) acquired Additional 7,477 Hectares of Mineral Claims.

Falcon Gold Corp. announced that it has received CAD 0.46 million in funding

Falcon Gold Corp. announced that it expects to receive CAD 0.4 million in funding

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure