Elevation Gold Mining Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Tim Swendseid

Chief executive officer

US$377.0k

Total compensation

CEO salary percentage	90.9%
CEO tenure	1.5yrs
CEO ownership	n/a
Management average tenure	1.5yrs
Board average tenure	1.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Tim Swendseid's remuneration changed compared to Elevation Gold Mining's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	-US$23m
Dec 31 2023	US$377k	US$343k	-US$23m
Sep 30 2023	n/a	n/a	-US$18m
Jun 30 2023	n/a	n/a	-US$15m
Mar 31 2023	n/a	n/a	-US$46m
Dec 31 2022	US$375k	US$288k	-US$44m
Sep 30 2022	n/a	n/a	-US$33m
Jun 30 2022	n/a	n/a	-US$31m
Mar 31 2022	n/a	n/a	US$3m
Dec 31 2021	US$291k	US$5k	US$4m

Compensation vs Market: Tim's total compensation ($USD377.01K) is about average for companies of similar size in the German market ($USD434.45K).

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

CEO

Tim Swendseid (61 yo)

1.5yrs

Tenure

US$377,009

Compensation

Mr. Tim J. Swendseid, P.E., M.B.A., C.F.A., serves as Chief Executive Officer & Director of Elevation Gold Mining Corporation since December 13, 2022. He joined the Elevation Gold Mining Corporation in Dec...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Tim Swendseid	CEO & Director	1.5yrs	US$377.01k	no data
William Dean	Chief Financial Officer	1.4yrs	US$285.60k	no data
Justine De Boom	Vice President of Human Resources	1.4yrs	US$245.68k	no data
Shayla Forster	Corporate Secretary	2.6yrs	no data	0.020% $ 1.4k
James Fowler	General Manager of Moss Mine	no data	no data	no data

1.5yrs

Average Tenure

Experienced Management: 54NA's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Tim Swendseid	CEO & Director	1.5yrs	US$377.01k	no data
David Peat	Independent Director	1.3yrs	US$41.21k	no data
Douglas Hurst	Independent Chairman of the Board	3.3yrs	US$15.85k	1.48% $ 101.7k
Alan Edwards	Independent Director	less than a year	US$29.31k	no data
Douglas Ward	Independent Director	less than a year	US$31.00k	0.0045% $ 305.6

1.3yrs

Average Tenure

63yo

Average Age

Experienced Board: 54NA's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.

Elevation Gold Mining Management

Management criteria checks 1/4

Key information

Recent management updates

Elevation Gold Mining Corporation, Annual General Meeting, Jun 20, 2024

High number of new and inexperienced directors

Elevation Gold Mining Corporation Announces Resignation of Raymond Threlkeld as Director

High number of new and inexperienced directors

Elevation Gold Mining Corporation Approves the Appointment of Douglas Ward as Director

Elevation Gold Mining Corporation Announces Management Changes

Recent updates

First quarter 2024 earnings released: US$0.037 loss per share (vs US$0.033 loss in 1Q 2023)

New minor risk - Shareholder dilution

Elevation Gold Mining Corporation, Annual General Meeting, Jun 20, 2024

Full year 2023 earnings released: US$0.20 loss per share (vs US$0.44 loss in FY 2022)

High number of new and inexperienced directors

Third quarter 2023 earnings released: US$0.019 loss per share (vs US$0.011 profit in 3Q 2022)

Elevation Gold Mining Corporation Announces Resignation of Raymond Threlkeld as Director

Second quarter 2023 earnings released: US$0.028 loss per share (vs US$0.31 loss in 2Q 2022)

New major risk - Market cap size

High number of new and inexperienced directors

Elevation Gold Mining Corporation Approves the Appointment of Douglas Ward as Director

Elevation Gold Mining Corporation Reports Assay Results for Four Reverse Circulation Holes

Full year 2022 earnings released: US$0.44 loss per share (vs US$0.061 profit in FY 2021)

Elevation Gold Mining Corporation Announces Management Changes

Elevation Gold Mining Corporation Announces Director Change

Elevation Gold Mining Corporation Provides Update on Florence Hill Exploration Project

Third quarter 2022 earnings released: EPS: US$0.011 (vs US$0.058 in 3Q 2021)

Elevation Gold Mining Corporation Announces Recent Exploration Drilling Results That Continue to Demonstrate Moss Mine Expansion Potential and New Drilling Program to Begin in November 2022

Elevation Gold Mining Corporation Provides an Update on Its Diamond Drilling Program At Florence Hill

Second quarter 2022 earnings released: US$0.31 loss per share (vs US$0.012 profit in 2Q 2021)

Elevation Gold Mining Corporation Announces Executive Changes

Elevation Gold Mining Corporation Commences Maiden Drill Program on Florence Hill Target

Elevation Gold Mining Corporation, Annual General Meeting, Aug 18, 2022

Elevation Gold Announces Inaugural Drilling At the Florence Hill Exploration Target

Elevation Gold Mining Corporation Provides an Update on the Company's Multi-Phase Infill and Resource Expansion Drilling Program At the Moss Mine in Northwestern Arizona

Full year 2021 earnings released: EPS: US$0.061 (vs US$0.34 loss in FY 2020)

Elevation Gold Mining Corp. Intersects 80.77 Meters Grading 0.87 G/T Gold and 9.56 G/T Silver in Stockwork Mineralization Below the East Pit At the Moss Mine in Mohave County, Arizona

Independent Chairman of the Board recently bought €362k worth of stock

Elevation Gold Mining Corporation Provides Exploration Update

CFO & Corporate Secretary David Splett has left the company

Northern Vertex Mining Corp. Provides Hercules Gold Project Exploration Update: Surface Exploration Identifies Four New Target Areas and Potential Links Between Existing Target Areas, Highlighting Property-scale Exploration Potential

Second quarter 2021 earnings released: EPS US$0.002 (vs US$0.016 in 2Q 2020)

Northern Vertex Mining Corp. Announces to Report Recent Results from Its Multi-Phase Infill and Resource Expansion Drilling Program At the Moss Mine in Nw Arizona

Non-Independent Director recently sold €42k worth of stock

Non-Independent Director recently sold €42k worth of stock

Independent Chairman of the Board recently bought €39k worth of stock

Northern Vertex East Pit Expansion Drilling Intersects 21.34 Meters Grading 1.98 g/t Gold and 23.75 g/t Silver Potential for Resource Expansion at Moss Mine, Arizona

First quarter 2021 earnings released: US$0.005 loss per share (vs US$0.03 profit in 1Q 2020)

Northern Vertex Intersects 28.96 Meters Grading 2.28 g/t Gold and 28.84 g/t Silver in Resource Expansion Drilling at the Moss Mine, Arizona

Northern Vertex Mining Corp. Announces Previously Unreleased Drilling Results and Follow-Up Drilling Campaign on West Oatman Trend Near the Moss Mine

Northern Vertex Mining Corp. Announces to Report the Initiation of Seven-Hole Drill Program to Follow Up on and Expand Known Mineralization on the Regional West Oatman Trend

Second quarter 2021 earnings released: EPS US$0.046 (vs US$0.021 loss in 2Q 2020)

New 90-day low: €0.25

Northern Vertex Announces Management Change

Northern Vertex Mining Corp. (TSXV:NEE) completed the acquisition of Eclipse Gold Mining Corporation (TSXV:EGLD).

New 90-day low: €0.30

New 90-day low: €0.30

New 90-day low: €0.32

Northern Vertex Mining Corp. Drills Further Widespread Mineralized Intercepts Along the Ruth Vein, Parallel to Moss Mine Open Pit

New 90-day low: €0.34

First quarter 2021 earnings released: US$0.075 loss per share

Northern Vertex Mining Corp. Announces 13,700 Meter Phase II Drill Program to Follow Successful 18,300 Meter Phase I Program at its Moss Mine Gold Project in NW Arizona

Northern Vertex Mining Corp. Announces Additional High-Grade Gold and Silver Drill Results

New 90-day high: €0.44

Northern Vertex Completes Construction of Powerline At Moss Gold Mine in NW Arizona

New 90-day high - €0.41

Northern Vertex Mining Corp. announced that it expects to receive CAD 6.7 million in funding

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age