Cosa Resources Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Keith Bodnarchuk

Chief executive officer

CA$170.6k

Total compensation

CEO salary percentage	88.0%
CEO tenure	4yrs
CEO ownership	3.6%
Management average tenure	1.8yrs
Board average tenure	3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Keith Bodnarchuk's remuneration changed compared to Cosa Resources's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	CA$171k	CA$150k	-CA$2m
Oct 31 2023	n/a	n/a	-CA$2m
Jul 31 2023	n/a	n/a	-CA$2m
Apr 30 2023	n/a	n/a	-CA$1m
Jan 31 2023	n/a	n/a	-CA$1m
Oct 31 2022	CA$38k	CA$38k	-CA$1m

Compensation vs Market: Keith's total compensation ($USD122.57K) is below average for companies of similar size in the German market ($USD486.57K).

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

CEO

Keith Bodnarchuk (37 yo)

4yrs

Tenure

CA$170,550

Compensation

Mr. Keith Bodnarchuk serves as an Independent Director of Vizsla Royalties Corp since April 24, 2024. Mr. Keith is President, Chief Executive Officer and Non-Independent Director of Cosa Resources Corp. an...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Keith Bodnarchuk	CEO, President & Director	no data	CA$170.55k	3.57% € 286.0k
Darren Morgans	Chief Financial Officer	1.8yrs	CA$75.25k	0.061% € 4.9k
Andrew Carmichael	Vice President of Exploration	1.8yrs	CA$144.27k	1.96% € 157.3k
Justin Rodko	Corporate Development Manager	1.6yrs	no data	no data

1.8yrs

Average Tenure

Experienced Management: SSKU's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Keith Bodnarchuk	CEO, President & Director	4yrs	CA$170.55k	3.57% € 286.0k
Edward A. Trueman	Independent Director	1.9yrs	no data	0.95% € 76.0k
Steven Blower	Independent Chairman	3yrs	no data	3.41% € 273.9k
Janine Richardson	Independent Director	3yrs	no data	no data
Wesley Short	Director	4yrs	CA$34.28k	4.08% € 327.5k

3.0yrs

Average Tenure

47yo

Average Age

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

Cosa Resources Management

Management criteria checks 2/4

Key information

Recent management updates

Cosa Resources Corp., Annual General Meeting, Jun 12, 2024

Cosa Resources Corp., Annual General Meeting, Jun 12, 2024

High number of new and inexperienced directors

Cosa Resources Corp. Appoints Darren Morgans Chief Financial Officer

Cosa Resources Corp. Appoints Ted Trueman to Its Board of Directors

Cosa Resources Corp., Annual General Meeting, Apr 12, 2023

Recent updates

New major risk - Market cap size

Cosa Resources Corp. (TSXV:COSA) completed the acquisition of Two mineral claims in the Athabasca Basin, Saskatchewan from Skyharbour Resources Ltd. (TSXV:SYH).

New major risk - Market cap size

Cosa Resources Corp. Announces Summer Exploration Plans for Athabasca Basin Uranium Projects

Cosa Resources Corp., Annual General Meeting, Jun 12, 2024

Cosa Resources Corp., Annual General Meeting, Jun 12, 2024

New major risk - Shareholder dilution

Cosa Resources Corp. announced that it has received CAD 6.500816 million in funding

Cosa Resources Corp. announced that it expects to receive CAD 5.000702 million in funding

Cosa Resources Corp. announced that it expects to receive CAD 5.000702 million in funding

Cosa Resources Corp. (TSXV:COSA) completed the acquisition of Titan Uranium Project in Athabasca Basin, Saskatchewan from CanAlaska Uranium Ltd. (TSXV:CVV).

Cosa Resources Corp. (TSXV:COSA) entered into a purchase agreement to acquire Titan Uranium Project in Athabasca Basin, Saskatchewan from CanAlaska Uranium Ltd. (TSXV:CVV) for CAD 0.16 million.

Cosa Resources Corp. Announces Commencement of Ground Geophysics and Access Trail Establishment At the 100% Owned Ursa Uranium Project in the Athabasca Basin, Saskatchewan

Cosa Resources Corp. (TSXV:COSA) acquired Aurora Uranium Project, Athabasca Basin, Saskatchewan for CAD 0.095 million.

High number of new and inexperienced directors

Cosa Resources Corp. (TSXV:COSA) acquired Solstice Uranium Exploration Property in Athabasca Basin Region, Saskatchewan.

New major risk - Market cap size

Cosa Resources Corp. (CNSX:COSA) acquired Polaris and Eclipse Uranium Exploration Properties in the Athabasca Basin Region, Saskatchewan.

New major risk - Shareholder dilution

Cosa Resources Corp. (CNSX:COSA) acquired Orbit Uranium Exploration Property in the Athabasca Basin Region, Saskatchewan.

Cosa Resources Corp. announced that it has received CAD 5.557796 million in funding

Cosa Resources Corp. announced that it has received CAD 5.557796 million in funding

Cosa Resources Corp. announced that it expects to receive CAD 5.000025 million in funding

Cosa Resources Corp. Appoints Darren Morgans Chief Financial Officer

Cosa Resources Corp. Appoints Ted Trueman to Its Board of Directors

Cosa Resources Corp., Annual General Meeting, Apr 12, 2023

Cosa Resources Corp. (CNSX:COSA) acquired additional 41,119 ha of Ursa Uranium Property in Eastern Athabasca Basin of Northern Saskatchewan for CAD 0.05 million.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age