NuLegacy Gold Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Albert Matter

Chief executive officer

CA$269.4k

Total compensation

CEO salary percentage	94.7%
CEO tenure	5.6yrs
CEO ownership	2.1%
Management average tenure	no data
Board average tenure	10.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Albert Matter's remuneration changed compared to NuLegacy Gold's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	-CA$1m
Mar 31 2024	CA$269k	CA$255k	-CA$1m
Dec 31 2023	n/a	n/a	-CA$2m
Sep 30 2023	n/a	n/a	-CA$2m
Jun 30 2023	n/a	n/a	-CA$1m
Mar 31 2023	CA$224k	CA$210k	-CA$1m
Dec 31 2022	n/a	n/a	-CA$2m
Sep 30 2022	n/a	n/a	-CA$2m
Jun 30 2022	n/a	n/a	-CA$2m
Mar 31 2022	CA$354k	CA$240k	-CA$3m
Dec 31 2021	n/a	n/a	-CA$3m
Sep 30 2021	n/a	n/a	-CA$3m
Jun 30 2021	n/a	n/a	-CA$4m
Mar 31 2021	CA$254k	CA$240k	-CA$3m
Dec 31 2020	n/a	n/a	-CA$2m
Sep 30 2020	n/a	n/a	-CA$2m
Jun 30 2020	n/a	n/a	-CA$2m
Mar 31 2020	CA$269k	CA$255k	-CA$2m
Dec 31 2019	n/a	n/a	-CA$3m
Sep 30 2019	n/a	n/a	-CA$3m
Jun 30 2019	n/a	n/a	-CA$3m
Mar 31 2019	CA$239k	CA$225k	-CA$3m
Dec 31 2018	n/a	n/a	-CA$3m
Sep 30 2018	n/a	n/a	-CA$3m
Jun 30 2018	n/a	n/a	-CA$4m
Mar 31 2018	CA$221k	CA$207k	-CA$4m

Compensation vs Market: Albert's total compensation ($USD192.74K) is below average for companies of similar size in the German market ($USD471.14K).

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

CEO

Albert Matter (77 yo)

5.6yrs

Tenure

CA$269,400

Compensation

Mr. Albert J. Matter is the Managing Partner of Matter & Associates. Mr. Matter serves as the Chief Executive Officer at NuLegacy Gold Corporation since April 16, 2019. Mr. Matter also serves as a Director...

Board Members

Name	Position	Tenure	Compensation	Ownership
Albert Matter	CEO & Director	15.5yrs	CA$269.40k	2.07% € 51.5k
Roger Steininger	Director of Exploration & Director	15.4yrs	no data	0.37% € 9.2k
Alexander Davidson	Independent Chairman	10.2yrs	CA$84.38k	1.32% € 32.8k
Glen Darou	Member of Advisory Council	no data	no data	no data
John Philip Budreski	Lead Independent Director	6.6yrs	CA$28.13k	0.78% € 19.4k
Quinton Hennigh	Member of Advisory Council	4.5yrs	no data	no data

10.2yrs

Average Tenure

72yo

Average Age

Experienced Board: 7NU's board of directors are seasoned and experienced ( 10.2 years average tenure).

NuLegacy Gold Management

Management criteria checks 2/4

Key information

Recent management updates

NuLegacy Gold Corporation, Annual General Meeting, Oct 07, 2024

NuLegacy Gold Corporation Announces Executive Changes

NuLegacy Gold Corporation, Annual General Meeting, Dec 29, 2023

Independent Chairman recently sold €52k worth of stock

CEO & Director recently sold €67k worth of stock

Insufficient new directors

Recent updates

NuLegacy Gold Corporation announced that it has received CAD 1 million in funding from Crescat Capital LLC

NuLegacy Gold Corporation, Annual General Meeting, Oct 07, 2024

NuLegacy Gold Corporation announced that it expects to receive CAD 1 million in funding from Crescat Capital LLC and other investors

New major risk - Financial position

NuLegacy Gold Corporation Announces Executive Changes

NuLegacy Gold Corporation Reports Results for 1st Hole of 2023 Drilling Program

NuLegacy Gold Corporation Completes Second Hole of Five Hole Program

NuLegacy Gold Corporation announced that it has received CAD 0.366 million in funding

NuLegacy Gold Corporation announced that it has received CAD 1.193038 million in funding from Crescat Portfolio Management LLC

NuLegacy Gold Corporation announced that it has received CAD 1.193038 million in funding from Crescat Portfolio Management LLC

NuLegacy Gold Corporation Commences Winter Drilling Program

New minor risk - Shareholder dilution

NuLegacy Gold Corporation, Annual General Meeting, Dec 29, 2023

Independent Chairman recently sold €52k worth of stock

CEO & Director recently sold €67k worth of stock

NuLegacy Gold Provides Update on its 108 Sq. Km Red Hill Property in the Cortez Gold-Trend of Nevada

NuLegacy Gold Corporation Selects Priority Drill Targets

Insufficient new directors

NuLegacy Gold Corporation Reports the Results of the Fall 2022 Drilling Program on its 108 Sq. Km. Red Hill Exploration Property

NuLegacy Gold Corporation Suspends Drilling Program

NuLegacy Gold Corporation, Annual General Meeting, Oct 31, 2022

NuLegacy Gold Corporation Commences Phase 1 of Its Summer-Fall 2022 Drilling Program on Its 100% Controlled 108 Sq. Km. Flagship Red Hill Exploration Property

NuLegacy Gold Announces CFO Change

NuLegacy Gold Corporation Provides Guidance for 2022 Programs

Less than half of directors are independent

NuLegacy Reports Assays For Last Three Holes of 2021 Drilling Program

Less than half of directors are independent

NuLegacy Receives Assays for First Three Holes of 2021 Drilling Program

NuLegacy Gold Corporation Provides Update on 2021 Exploration Program

Geochemical Model Points to A Very Large Mineralized System At Nulegacy’S Rift Anticline

NuLegacy Gold Corporation Reports Update on Its Fall 2020/Spring 2021 Drilling Program

NuLegacy Gold Corporation Grows Geologic Team and Contracts for Five Drills

CEO & Director recently sold €502k worth of stock

NuLegacy Completes First Four Holes in New Rift Anticline Target

NuLegacy Gold Corporation Receives Permit Approval from the Bureau of Land Management