Galore Resources Inc.

OTCPK:GALO.F Stock Report

Market Cap: US$2.4m

Galore Resources Management

Management criteria checks 2/4

Galore Resources' CEO is Mike McMillan, appointed in Jul 2012, has a tenure of 11.75 years. directly owns 6.05% of the company’s shares, worth $146.65K. The average tenure of the management team and the board of directors is 9.5 years and 12 years respectively.

Key information

Mike McMillan

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure11.8yrs
CEO ownership6.0%
Management average tenure9.5yrs
Board average tenure12yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mike McMillan's remuneration changed compared to Galore Resources's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

-CA$854k

Sep 30 2023n/an/a

-CA$881k

Jun 30 2023n/an/a

-CA$1m

Mar 31 2023n/an/a

-CA$1m

Dec 31 2022n/an/a

-CA$1m

Sep 30 2022n/an/a

-CA$1m

Jun 30 2022n/an/a

-CA$764k

Mar 31 2022CA$203kCA$203k

-CA$799k

Dec 31 2021n/an/a

-CA$858k

Sep 30 2021n/an/a

-CA$765k

Jun 30 2021n/an/a

-CA$643k

Mar 31 2021CA$181kCA$181k

-CA$439k

Dec 31 2020n/an/a

-CA$523k

Sep 30 2020n/an/a

-CA$515k

Jun 30 2020n/an/a

-CA$647k

Mar 31 2020CA$203kCA$203k

-CA$661k

Dec 31 2019n/an/a

-CA$563k

Sep 30 2019n/an/a

-CA$687k

Jun 30 2019n/an/a

-CA$582k

Mar 31 2019CA$192kCA$192k

-CA$703k

Dec 31 2018n/an/a

-CA$1m

Sep 30 2018n/an/a

-CA$875k

Jun 30 2018n/an/a

-CA$851k

Mar 31 2018CA$166kCA$166k

-CA$708k

Compensation vs Market: Insufficient data to establish whether Mike's total compensation is reasonable compared to companies of similar size in the US market.

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

CEO

Mike McMillan

11.8yrs

Tenure

CA$202,534

Compensation

Mr. James Michael McMillan, also known as Mike, has been the Chief Executive Officer of Galore Resources Inc. since July 18, 2012 and its Chairman since February 2013 and its President since February 7, 20...

Leadership Team

NamePositionTenureCompensationOwnership
James McMillan
Chairman11.8yrsCA$202.53k6.05%
CA$ 146.7k
James McMillan
CFO & VP of Corporate Communication7.2yrsCA$112.52k2.87%
CA$ 69.6k
John Hajek
Vice President of Explorationno datano datano data
Pamela White
Corporate Secretary17.3yrsno data0.084%
CA$ 2.0k
Craig Byington
Vice President of Exploration7.2yrsno datano data

9.5yrs

Average Tenure

Experienced Management: GALO.F's management team is seasoned and experienced (9.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
James McMillan
Chairman12.6yrsCA$202.53k6.05%
CA$ 146.7k
William Bird
Member of Advisory Board12yrsno datano data
Allan Fabbro
Chairman of Advisory Boardno datano datano data
Charles Troup
Independent Director12yrsno data6.19%
CA$ 150.1k
Kenneth Coe
Independent Director7.1yrsno data0.47%
CA$ 11.4k

12.0yrs

Average Tenure

Experienced Board: GALO.F's board of directors are seasoned and experienced ( 12 years average tenure).

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