Dolly Varden Silver Management

Management criteria checks 3/4

Dolly Varden Silver's CEO is Shawn Khunkhun, appointed in Feb 2020, has a tenure of 4.75 years. total yearly compensation is CA$690.00K, comprised of 47.8% salary and 52.2% bonuses, including company stock and options. directly owns 0.067% of the company’s shares, worth CA$221.82K. The average tenure of the management team and the board of directors is 4.7 years and 4.8 years respectively.

Key information

Shawn Khunkhun

Chief executive officer

CA$690.0k

Total compensation

CEO salary percentage	47.8%
CEO tenure	4.8yrs
CEO ownership	0.07%
Management average tenure	4.7yrs
Board average tenure	4.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Shawn Khunkhun's remuneration changed compared to Dolly Varden Silver's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	-CA$27m
Mar 31 2024	n/a	n/a	-CA$26m
Dec 31 2023	CA$690k	CA$330k	-CA$27m
Sep 30 2023	n/a	n/a	-CA$25m
Jun 30 2023	n/a	n/a	-CA$22m
Mar 31 2023	n/a	n/a	-CA$19m
Dec 31 2022	CA$622k	CA$297k	-CA$19m
Sep 30 2022	n/a	n/a	-CA$18m
Jun 30 2022	n/a	n/a	-CA$12m
Mar 31 2022	n/a	n/a	-CA$10m
Dec 31 2021	CA$306k	CA$276k	-CA$8m
Sep 30 2021	n/a	n/a	-CA$9m
Jun 30 2021	n/a	n/a	-CA$9m
Mar 31 2021	n/a	n/a	-CA$8m
Dec 31 2020	CA$263k	CA$208k	-CA$7m

Compensation vs Market: Shawn's total compensation ($USD493.51K) is below average for companies of similar size in the UK market ($USD739.97K).

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

CEO

Shawn Khunkhun (43 yo)

4.8yrs

Tenure

CA$689,997

Compensation

Mr. Shawn Khunkhun has been an Independent Director at Goldshore Resources Inc. since May 31, 2021. Mr. Khunkhun has been an Independent Director of Gladiator Metals Corp. since October 8, 2021. He had bee...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Shawn Khunkhun	President	4.8yrs	CA$690.00k	0.067% CA$ 221.8k
Ann Fehr	CFO & Corporate Secretary	4.7yrs	CA$160.00k	0.032% CA$ 105.0k
Robert McLeod	Technical Advisor & Director	no data	CA$120.00k	0.055% CA$ 180.5k
Robert van Egmond	Vice President of Exploration	2.3yrs	CA$399.00k	0.013% CA$ 43.5k

4.7yrs

Average Tenure

53yo

Average Age

Experienced Management: 0USB's management team is considered experienced (4.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Shawn Khunkhun	President	4.8yrs	CA$690.00k	0.067% CA$ 221.8k
Robert McLeod	Technical Advisor & Director	4.8yrs	CA$120.00k	0.055% CA$ 180.5k
James Sabala	Independent Director	8.1yrs	CA$48.00k	0.018% CA$ 58.3k
Darren Devine	Independent Chairman of the Board	8.3yrs	CA$68.30k	0.064% CA$ 210.0k
Michael Henrichsen	Independent Director	2.8yrs	CA$46.00k	no data
Forrester Clark	Independent Director	2.8yrs	CA$45.80k	no data

4.8yrs

Average Tenure

54.5yo

Average Age

Experienced Board: 0USB's board of directors are considered experienced (4.8 years average tenure).

Dolly Varden Silver Management

Management criteria checks 3/4

Key information

Recent management updates

Independent Chairman of the Board recently sold CA$92k worth of stock

Dolly Varden Silver Corporation, Annual General Meeting, Jun 24, 2024

Independent Director recently sold CA$85k worth of stock

Less than half of directors are independent

Less than half of directors are independent

Recent updates

Independent Chairman of the Board recently sold CA$92k worth of stock

Dolly Varden Silver Corporation announced that it has received CAD 20.7 million in funding from 2176423 Ontario Ltd.

Dolly Varden Silver Corporation Announces Results from the Wolf Vein High-Grade Silver Pline Expansion Directional Drilling

Dolly Varden Silver Corporation has completed a Follow-on Equity Offering in the amount of CAD 10 million.

Dolly Varden Silver Corporation Announces Additional Results from the Wolf Vein Step-Out Drilling

Dolly Varden Silver Corporation has filed a Follow-on Equity Offering in the amount of CAD 8 million.

New major risk - Financial position

Dolly Varden Silver Corporation, Annual General Meeting, Jun 24, 2024

Dolly Varden Silver Corporation has completed a Follow-on Equity Offering in the amount of CAD 14.999985 million.

Dolly Varden Silver Corporation has filed a Follow-on Equity Offering in the amount of CAD 14.999985 million.

Dolly Varden Silver Corporation Announces 2023 Step-Out Drilling At the Homestake Ridge Property Intersected A New Gold-Rich Zone, to the Northwest from the Homestake Silver Deposit

Dolly Varden Silver Corporation Announces Drill Results from Its 2023 Program At the Homestake Silver Deposit in Bc's Golden Triangle

Dolly Varden Silver Corporation announced that it has received CAD 10 million in funding from Hecla Canada Ltd.

Dolly Varden Silver Corporation announced that it expects to receive CAD 10 million in funding from Hecla Canada Ltd.

Dolly Varden Silver Corporation announced that it expects to receive CAD 10 million in funding from Hecla Canada Ltd.

Dolly Varden Silver Corporation Announces Drill Results from the Wolf Vein

Dolly Varden Silver Corporation's 45,000 Meter Drill Program Underway at the Kitsault Valley Project

Independent Director recently sold CA$85k worth of stock

Dolly Varden Silver Intersects 15.94 Meters Averaging 1,499 G/T Silver Including 0.35 Meters of 23,997 G/T Silver At the Wolf Deposit

Dolly Varden Silver Reports Multiple Gold and Silver Intersections at Homestake Ridge

Dolly Varden Silver Corporation announced that it has received CAD 22.637314 million in funding from Hecla Canada Ltd. and other investors

Dolly Varden Silver Corporation announced that it expects to receive CAD 18 million in funding

Dolly Varden Silver Intersects 27.44 G/T Au and 463 G/T Ag over 9.16M, Including 75.13 G/T Au and 2,337 G/T Ag over 1.77M At Homestake Ridge

Dolly Varden Silver Intersects 1,049 G/T Ag over 3.60M in 200M Down Plunge Step-Out Plus 1,646 G/T Ag over 2.15M in 400M Down Dip Test At Wolf

Dolly Varden Silver Corporation Intersects 1.50M of 1,367 G/T Ag Within 12.51 Meters Grading 442 G/T Ag At Kitsol Vein

An institutional investor completed the acquisition of 7.4% stake in Dolly Varden Silver Corporation (TSXV:DV) from Fury Gold Mines Limited (TSX:FURY).

Dolly Varden Silver Corporation announced that it expects to receive CAD 6.8 million in funding

Dolly Varden Silver Corporation Announces Results from Drilling at the Wolf Vein, Including Step-Out Hole DV22-300 Which Returned Significant, High-Grade Silver Intercept

Dolly Varden Silver Corporation Intersects 50.2 Meters of 414 g/t Silver in Step-Out Drilling at Kitsol Vein

Dolly Varden Silver Corporation Mobilizes Three Drill Rigs to Commence an Initial 30,000 Meters of Resource Expansion, Upgrade and Exploration Drilling

Less than half of directors are independent

Dolly Varden Silver Corporation announced that it has received CAD 12.998414 million in funding from Hecla Canada Ltd., 2176423 Ontario Ltd. and other investors

Less than half of directors are independent

Dolly Varden Silver Corporation (TSXV:DV) completed the acquisition of Homestake Resource Corp. from Fury Gold Mines Limited (TSX:FURY).

Dolly Varden Silver Corporation announced that it has received CAD 5.322351 million in funding from Hecla Canada Ltd.

Dolly Varden Silver Corporation Announces Drill Results from the 2021 Program At the Torbrit Silver Deposit At the Dolly Varden Pro

Dolly Varden Silver Intersects 1,532 g/t Silver over 1.22 Meters at Wolf Vein, 94 Meters Down Dip

Dolly Varden Silver Corporation (TSXV:DV) entered into a definitive agreement to acquire Homestake Resource Corp. from Fury Gold Mines Limited (TSX:FURY) for CAD 50.1 million.

Dolly Varden Silver Corporation Mobilizes to Commence Resource Expansion and Upgrade Drilling at Torbrit Silver Deposit and Exploration of New Priority Silver Targets

Dolly Varden Silver Intersects 45.82 Meters Averaging 304 G/T Silver At Torbrit Deposit

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age