GoldMining Management

Management criteria checks 3/4

GoldMining's CEO is Alastair Still, appointed in Apr 2021, has a tenure of 1.92 years. total yearly compensation is CA$362.40K, comprised of 39.7% salary and 60.3% bonuses, including company stock and options. directly owns 0.062% of the company’s shares, worth MX$2.21M. The average tenure of the management team and the board of directors is 1.4 years and 5.9 years respectively.

Key information

Alastair Still

Chief executive officer

CA$362.4k

Total compensation

CEO salary percentage	39.7%
CEO tenure	1.9yrs
CEO ownership	0.06%
Management average tenure	1.4yrs
Board average tenure	5.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Alastair Still's remuneration changed compared to GoldMining's earnings?
Date	Total Compensation	Salary	Company Earnings
Nov 30 2022	n/a	n/a	-CA$13m
Aug 31 2022	n/a	n/a	-CA$3m
May 31 2022	n/a	n/a	-CA$7m
Feb 28 2022	n/a	n/a	CA$100m
Nov 30 2021	CA$362k	CA$144k	CA$100m
Aug 31 2021	n/a	n/a	CA$90m
May 31 2021	n/a	n/a	CA$94m
Feb 28 2021	n/a	n/a	-CA$12m
Nov 30 2020	CA$555k	CA$33k	-CA$11m

Compensation vs Market: Alastair's total compensation ($USD263.86K) is below average for companies of similar size in the MX market ($USD532.66K).

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

CEO

Alastair Still (50 yo)

1.9yrs

Tenure

CA$362,396

Compensation

Mr. Alastair Still serves as Chief Executive Officer at GoldMining Inc. since April 01, 2021. He has been Director and Chairman of US Goldmining since September 12, 2022. He has been Director of Technical...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Amir Adnani	Founder & Non-Independent Co-Chairman of the Board	12.6yrs	CA$664.91k	3.11% MX$ 110.1m
Alastair Still	Chief Executive Officer	1.9yrs	CA$362.40k	0.062% MX$ 2.2m
Paulo Valle Neto	President	8.3yrs	CA$139.61k	0.53% MX$ 18.6m
Patrick Obara	Secretary & CFO	13.5yrs	CA$147.86k	0.56% MX$ 19.9m
Yong-Jae Kim	General Counsel	less than a year	no data	no data
Tim Smith	Vice President of Exploration	less than a year	no data	0.0074% MX$ 263.4k
Katherine Arblaster	Vice President of Environment	less than a year	no data	no data

1.4yrs

Average Tenure

50.5yo

Average Age

Experienced Management: GOLD1N N's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Amir Adnani	Founder & Non-Independent Co-Chairman of the Board	12.6yrs	CA$664.91k	3.11% MX$ 110.1m
David Garofalo	Co-Chair	2.6yrs	no data	no data
Paul Zweng	Member of Technical Advisory Board	5.9yrs	no data	no data
Garnet Dawson	Non-Independent Director	4.8yrs	CA$121.36k	0.18% MX$ 6.4m
Harbance Dhaliwal	Independent Director	10yrs	CA$64.09k	0.012% MX$ 421.9k
Tok Kong	Independent Director	12.4yrs	CA$64.24k	0.031% MX$ 1.1m
Mario Garnero	Member of Advisory Board	5yrs	CA$85.49k	no data
Gloria L. Moya	Lead Independent Director	12.6yrs	CA$62.29k	0.014% MX$ 509.4k
Enzio Garayp	Member of Technical Advisory Board	10yrs	no data	no data
Ross Sherlock	Member of Technical Advisory Board	5.9yrs	no data	no data
J. Mahoney	Member of Technical Advisory Board	5.2yrs	no data	no data
Mario Garnero	Independent Director	5yrs	CA$84.61k	0.032% MX$ 1.1m

5.9yrs

Average Tenure

60.5yo

Average Age

Experienced Board: GOLD1N N's board of directors are considered experienced (5.9 years average tenure).

GoldMining Management

Management criteria checks 3/4

Key information

Recent management updates

GoldMining Inc., Annual General Meeting, May 16, 2024

GoldMining Inc. Announces Election of Anna Tudela as New Member of the Board

GoldMining Announces the Appointment of David Garofalo as Co-Chair

GoldMining Inc. Appoints David Kong as Director

GoldMining Inc. Announces Appointment of Tim Smith as Chief Executive Officer of U.S. GoldMining Inc

President recently sold Mex$5.2m worth of stock

Recent updates

Goldmining Inc. Reports Additional High-Grade Drilling Results and Identifies Multiple Drill Targets, Sao Jorge Project, Brazil

GoldMining Inc. Reports Final Drill Assay Results from the Previously Announced Diamond Drilling Program, and A Progress Update for the Ongoing Auger Drilling Program, at the Company's 100% Owned São Jorge Project in the Tapaj's Gold District

GoldMining Inc Intersects 37 Metres Grading 2.26 g/t Gold Within Mineralized Corridor of 163 Metres Grading 1.02 g/t Gold at the São Jorge Project, Brazil

GoldMining Inc. Reported Preliminary Results from Reprocessing, Inversion and Modeling of Historic Geophysical Surveys on the Rea Uranium Project ("Rea Project"), Western Athabasca Basin, Alberta, Canada

GoldMining Inc. Commences Drilling at the Sao Jorge Gold Project, Brazil

GoldMining Inc., Annual General Meeting, May 16, 2024

Goldmining Inc. Announces Plans for Advancing the Rea Uranium Project (The "Rea Project" or the “Project”), Western Athabasca Basin, Alberta, Canada

GoldMining Inc. Provides an Update on Exploration Activities Ongoing At the Sao Jorge Gold Project, Brazil

GoldMining Inc. has completed a Follow-on Equity Offering in the amount of $50 million.

GoldMining Inc. has filed a Follow-on Equity Offering in the amount of CAD 32.359 million.

GoldMining Inc. Announces Positive Preliminary Economic Assessment on the La Mina Project, Colombia

GoldMining Inc. Announces Election of Anna Tudela as New Member of the Board

GoldMining Inc. Announces an Updated Mineral Resource Estimate on its 100% Owned La Mina Project

GoldMining Announces the Appointment of David Garofalo as Co-Chair

GoldMining Inc. Announces Assay Results from the Final Hole of Its Recently Completed Five Hole 3,485 Metre Drilling Program on the La Garrucha Target

GoldMining Inc. Extends Mineralization at its La Garrucha Target, La Mina Project, Colombia: Drill Results Include 431.23 m At 0.73 g/t AuEq

Goldmining Inc. Discovers Extension of Its La Garrucha Target, La Mina Project, Colombia

Investor sentiment deteriorated over the past week

GoldMining Inc. Appoints David Kong as Director

GoldMining Inc. Commences Exploration Drilling on its La Mina Project, Colombia

GoldMining Inc. Announces Appointment of Tim Smith as Chief Executive Officer of U.S. GoldMining Inc

President recently sold Mex$5.2m worth of stock

GoldMining Inc., Annual General Meeting, May 19, 2022

Independent Director recently sold Mex$325k worth of stock

Investor sentiment improved over the past week

Non-Independent Director recently sold Mex$436k worth of stock

GoldMining Inc. Announces Positive Preliminary Economic Assessment for La Mina Project

Non-Independent Director recently sold Mex$436k worth of stock

Investor sentiment deteriorated over the past week

GoldMining Reports Additional Infill Core Sampling at São Jorge Including Mineralized Saprolite At Surface

Investor sentiment improved over the past week

GoldMining Inc. Announces Advances Preliminary Economic Assessments and Updates Mineral Resource Estimates on Key Properties

Investor sentiment improved over the past week

GoldMining Inc. Reports New Mineral Resource Estimates for Titiribi and La Mina Projects, Colombia

Goldmining Inc. Announces an Updated Mineral Resource Estimate for the Whistler Project, Alaska

Goldmining Inc. Provides Independent Technical Report Yellowknife Gold Project Northwest Territories, Canada

GoldMining Initiates Preliminary Economic Assessment and Announces an Updated Mineral Resource Estimate for the São Jorge Project, Brazil

Secretary & CFO recently sold Mex$2.7m worth of stock

GoldMining Inc., Annual General Meeting, May 20, 2021

Independent Director recently sold Mex$457k worth of stock

Independent Director recently sold Mex$2.5m worth of stock

Independent Director recently sold Mex$116k worth of stock

Independent Director recently sold Mex$316k worth of stock

Independent Director recently sold Mex$9.4m worth of stock

Independent Director recently sold Mex$2.4m worth of stock

Independent Director recently sold Mex$255k worth of stock

Independent Director recently sold Mex$1.4m worth of stock

Independent Director recently sold Mex$1.9m worth of stock

GoldMining Common Shares Deleted from Other OTC

GoldMining Appoints Alastair Still as Executive Vice President, Chief Development Officer, Effective October 1, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

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