Freeman Gold Management

Management criteria checks 4/4

Freeman Gold's CEO is Bassam Moubarak, appointed in Oct 2020, has a tenure of 4.08 years. total yearly compensation is CA$345.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 2.19% of the company’s shares, worth €283.45K. The average tenure of the management team and the board of directors is 4.1 years and 4.5 years respectively.

Key information

Bassam Moubarak

Chief executive officer

CA$345.0k

Total compensation

CEO salary percentage	100.0%
CEO tenure	4.1yrs
CEO ownership	2.2%
Management average tenure	4.1yrs
Board average tenure	4.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Bassam Moubarak's remuneration changed compared to Freeman Gold's earnings?
Date	Total Compensation	Salary	Company Earnings
Aug 31 2024	n/a	n/a	-CA$1m
May 31 2024	n/a	n/a	-CA$716k
Feb 29 2024	n/a	n/a	-CA$499k
Nov 30 2023	CA$345k	CA$345k	-CA$2m
Aug 31 2023	n/a	n/a	-CA$277k
May 31 2023	n/a	n/a	-CA$166k
Feb 28 2023	n/a	n/a	CA$2m
Nov 30 2022	CA$436k	CA$436k	CA$726k
Aug 31 2022	n/a	n/a	CA$286k
May 31 2022	n/a	n/a	-CA$2m
Feb 28 2022	n/a	n/a	-CA$4m
Nov 30 2021	CA$417k	CA$417k	-CA$3m
Aug 31 2021	n/a	n/a	-CA$5m
May 31 2021	n/a	n/a	-CA$5m
Feb 28 2021	n/a	n/a	-CA$12m
Nov 30 2020	CA$53k	CA$53k	-CA$11m

Compensation vs Market: Bassam's total compensation ($USD246.00K) is below average for companies of similar size in the German market ($USD474.54K).

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

CEO

Bassam Moubarak (47 yo)

4.1yrs

Tenure

CA$345,000

Compensation

Mr. Bassam Moubarak, CPA, CA, serves as Chief Financial Officer of Palisades Goldcorp Ltd. since November 01, 2021. He served as Chief Financial Officer at Radio Fuels Energy Corp. since September 2023 unt...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Paul Matysek	Executive Chairman	3.2yrs	CA$225.00k	no data
Bassam Moubarak	President	4.1yrs	CA$345.00k	2.19% € 283.5k
Dean Besserer	Vice President of Exploration	4.4yrs	CA$192.25k	0.15% € 19.1k

4.1yrs

Average Tenure

Experienced Management: 3WU's management team is considered experienced (4.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Paul Matysek	Executive Chairman	3.2yrs	CA$225.00k	no data
Bassam Moubarak	President	4.1yrs	CA$345.00k	2.19% € 283.5k
Victor Cantore	Independent Director	4.6yrs	no data	0.83% € 107.2k
William Randall	Director	4.5yrs	CA$225.00k	2.77% € 358.5k
Simon Marcotte	Independent Director	4.6yrs	no data	0.97% € 125.2k

4.5yrs

Average Tenure

49yo

Average Age

Experienced Board: 3WU's board of directors are considered experienced (4.5 years average tenure).

Freeman Gold Management

Management criteria checks 4/4

Key information

Recent management updates

Director recently bought €72k worth of stock

Freeman Gold Corp., Annual General Meeting, Sep 24, 2024

Less than half of directors are independent

Freeman Gold Corp., Annual General Meeting, Sep 20, 2023

Less than half of directors are independent

Less than half of directors are independent

Recent updates

Director recently bought €72k worth of stock

Freeman Gold Corp. announced that it has received CAD 0.85 million in funding from Radio Fuels Energy Corp.

Freeman Gold Corp. announced that it expects to receive CAD 3.6 million in funding

Freeman Gold Corp., Annual General Meeting, Sep 24, 2024

New major risk - Market cap size

Less than half of directors are independent

New major risk - Market cap size

New major risk - Market cap size

Freeman Gold Corp. Improves Average Gold Recoveries to 96.9% and Leach Circuit Time by 50% for Lemhi Gold Deposit, Idaho

New major risk - Financial position

Freeman Gold Corp., Annual General Meeting, Sep 20, 2023

Freeman Gold Corp. Reports Results for the Final 19 Drill Holes from Its 12,000 Metre Phase 2 and 3 Resource Expansion and Infill Drill Program At Its 100% Owned Lemhi Gold Deposit

Freeman Gold Corp. Receives Results for Five Diamond Drill Holes and Three Reverse Circulation from Its Follow Up Drill Program

Freeman Gold Corp. Reports Results for an Additional 15 Diamond Drill Holes from the Company's 12,000M Phase II Resource Expansion and Infill Drill Program At Its 100% Owned Lemhi Gold Deposit ("Lemhi"), Idaho, USA

Freeman Gold Corp. Announces the Successful Completion of Its 2022 Drill Program At Lemhi Gold Deposit, Idaho, USA

Less than half of directors are independent

Freeman Gold Corp. Reports Results of 15 Diamond Drill Holes from its 12,000M Phase II Resource Expansion and Infill Drill Program at its 100% Owned Lemhi Gold Deposit, Idaho, USA

Freeman Releases Assays for First 11 Holes - Extends Lemhi Shallow Oxide Gold Mineralizaton to the East

Freeman Gold Corp. Provides Lemhi Gold Project Update

Freeman Gold Corp. Receives Approval of A Permit to Appropriate Water

Freeman Gold Corp. Receives Approval of Plan of Operations and Provides Lemhi Gold Project Update

Less than half of directors are independent

Freeman Gold Corp., Annual General Meeting, Jun 22, 2022

Freeman Gold Corp. Adds Two Additional Drill Rigs - Beauty Zone Drill Core Sent for Analysis

Freeman Gold Corp. announced that it has received $13.391566 million in funding

Independent Director recently bought €67k worth of stock

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Freeman Gold Corp. announced that it has received CAD 2.9998 million in funding

Less than half of directors are independent

Independent Director Ronald Stewart has left the company

Freeman Gold Corp. announced that it expects to receive CAD 3 million in funding

Less than half of directors are independent

Freeman Gold Corp. Files NI 43-101 Technical Report for Maiden High-Grade Oxide Gold Resource Estimate for Lemhi Deposit, Idaho

Freeman Gold Corp. Defines 11 High Quality Exploration Targets Proximal to Lemhi Resource

Freeman Gold Corp. Provides Assay Results of the Lemhi Gold Project

Freeman Gold Corp., Annual General Meeting, May 27, 2021

Freeman Gold Corp. Provides Assay Results of Core from an Additional 11 of 34 Diamond Drill Holes

Freeman Gold Corp. Commences Metallurgical Test Work on its 100% Owned Lemhi Gold Project Located in Idaho, USA

Freeman Intersects Shallow High-Grade Oxide Gold Mineralization at Lemhi: 14 G/T Au over 10 Metres, 3.4 G/T Au over 51.6 Metres, and 1.1 G/T Au over 189.1 Metres

Freeman Gold Corp. Provides Update on Its 100% Owned Lemhi Gold Project

New 90-day low: €0.33

Freeman Gold Corp. Provides an Exploration Update for 100% Owned Lemhi Gold Project, Located in Idaho, USA

Freeman Gold Corp. Announces Executive Changes

Freeman Gold Corp. (CNSX:FMAN) acquired The Moon Claims.

New 90-day low - €0.35

1132144 British Columbia Ltd. completed the acquisition of Lodge Resources Inc. (CNSX:LDG) in a reverse merger transaction.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age