EarthLabs Management

Management criteria checks 3/4

EarthLabs' CEO is Denis Laviolette, appointed in Mar 2023, has a tenure of 1.67 years. total yearly compensation is CA$225.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 2.06% of the company’s shares, worth $343.64K. The average tenure of the management team and the board of directors is 2.5 years and 5.4 years respectively.

Key information

Denis Laviolette

Chief executive officer

CA$225.0k

Total compensation

CEO salary percentage	100.0%
CEO tenure	1.7yrs
CEO ownership	2.1%
Management average tenure	2.5yrs
Board average tenure	5.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Denis Laviolette's remuneration changed compared to EarthLabs's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	-CA$17m
Mar 31 2024	n/a	n/a	-CA$17m
Dec 31 2023	CA$225k	CA$225k	-CA$17m
Sep 30 2023	n/a	n/a	-CA$18m
Jun 30 2023	n/a	n/a	-CA$16m
Mar 31 2023	n/a	n/a	-CA$23m
Dec 31 2022	CA$156k	CA$156k	-CA$27m
Sep 30 2022	n/a	n/a	-CA$11m
Jun 30 2022	n/a	n/a	-CA$18m
Mar 31 2022	n/a	n/a	CA$3m
Dec 31 2021	CA$393k	CA$150k	CA$10m
Sep 30 2021	n/a	n/a	CA$12m
Jun 30 2021	n/a	n/a	CA$26m
Mar 31 2021	n/a	n/a	CA$16m
Dec 31 2020	CA$155k	CA$155k	CA$10m
Sep 30 2020	n/a	n/a	CA$5m
Jun 30 2020	n/a	n/a	CA$994k
Mar 31 2020	n/a	n/a	-CA$2m
Dec 31 2019	CA$154k	CA$154k	-CA$5m

Compensation vs Market: Denis's total compensation ($USD159.95K) is below average for companies of similar size in the US market ($USD647.72K).

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

CEO

Denis Laviolette (39 yo)

1.7yrs

Tenure

CA$225,000

Compensation

Mr. Denis Roland Laviolette, B. Sc, Earth Science (Geology), has been Independent Non-Executive Chairman of Kirkland Lake Discoveries Corp. since May 2023. He serves as Chief Executive Officer at EarthLabs...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Denis Laviolette	Founder	1.7yrs	CA$225.00k	2.06% $ 343.6k
Vincent Dube-Bourgeois	President & Director	1.7yrs	CA$375.00k	1.57% $ 261.3k
Binh Quach	CFO & Corporate Secretary	5.8yrs	CA$375.00k	0.88% $ 145.8k
Mathew Wilson	Chief Investment Officer	1.7yrs	CA$225.00k	0.15% $ 24.2k
Cejay Kim	Chief Business Officer	5.8yrs	CA$225.00k	1.36% $ 226.4k
Sarane Sterckx	Co-Founder	no data	no data	no data
Joshua Duggan	Vice President of Corporate Development & Investor Relation	no data	no data	no data
Brenda Sharp	Chief Geophysicist	no data	no data	no data
Lindsay Hall	Chief Geologist	no data	no data	no data
Peter Dueck	Senior Geophysicist & Head of Geophysical Services	3.4yrs	no data	no data

2.5yrs

Average Tenure

Experienced Management: SPOF.F's management team is considered experienced (2.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Denis Laviolette	Founder	5.8yrs	CA$225.00k	2.06% $ 343.6k
Vincent Dube-Bourgeois	President & Director	5.8yrs	CA$375.00k	1.57% $ 261.3k
Edward Sujir	Independent Director	4.4yrs	CA$35.00k	no data
Gerald Feldman	Independent Director	5.1yrs	CA$188.00k	no data

5.4yrs

Average Tenure

65yo

Average Age

Experienced Board: SPOF.F's board of directors are considered experienced (5.4 years average tenure).

EarthLabs Management

Management criteria checks 3/4

Key information

Recent management updates

EarthLabs Inc., Annual General Meeting, Jun 25, 2024

EarthLabs Inc., Annual General Meeting, Sep 26, 2023

GoldSpot Discoveries Corp., Annual General Meeting, Aug 16, 2022

Recent updates

EarthLabs Inc., Annual General Meeting, Jun 25, 2024

EarthLabs Inc. (TSXV:SPOT) completed the acquisition of The Northern Miner Group from Glacier RIG Ltd.

EarthLabs Inc. (TSXV:SPOT) entered into a definitive agreement to acquire The Northern Miner Group from Glacier RIG Ltd for CAD 4 million.

EarthLabs Inc., Annual General Meeting, Sep 26, 2023

New minor risk - Revenue size

1377900 BC Ltd completed the acquisition of Consulting & Exploration Tech Division from EarthLabs Inc. (TSXV:SPOT).

1377900 BC Ltd entered into an agreement to acquire Consulting & Exploration Tech Division from EarthLabs Inc. (TSXV:SPOT) for CAD 30 million.

Macdonald Mines Successfully Intersects High-Grade Mineralization on the Earthlabs's Alwyn Trend Target, SPJ Property

GoldSpot Discoveries Corp., Annual General Meeting, Aug 16, 2022

Granite Creek Copper Identifies New Targets At Carmacks Copper-Gold Project Through Deployment of Goldspot Discoveries' Artificial Intelligence Technology

GoldSpot Discoveries Corp. (TSXV:SPOT) completed the acquisition of DigiGeoData Inc.

GoldSpot Discoveries Corp. (TSXV:SPOT) entered into a definitive agreement to acquire DigiGeoData Inc. for CAD 3.6 million.

GoldSpot Discoveries Corp. Generates Highpriority Gold Targets At the Tartoq AEX Gold Greenland Project

GoldSpot Discoveries Corp. and Critical Elements Identify Lithium Targets at the Critical Elements Bourier Claims and Report Discoveries Within Goldspot's AI Targets

GoldSpot Discoveries Corp. and Critical Elements Lithium Corporation Announce Results of Propertywide Comprehensive Data Review, Compilation, and Target Generation on Critical Element's New Block 16 and 7 Claims Within the Prolific Nemiscau Greenstone Belt in James Bay, Québec

GoldSpot Discoveries Corp. (TSXV:SPOT) entered into a definitive agreement CEO.CA Technologies Ltd from Pacific Website Company Inc. and Spiel Technologies Ltd for CAD 16.7 million.

GoldSpot Discoveries Corp. (TSXV:SPOT) completed the acquisition of Ridgeline Exploration Services Inc.

GoldSpot Discoveries Corp. (TSXV:SPOT) entered into a definitive agreement to acquire Ridgeline Exploration Services Inc. from sellers for CAD 2.4 million.

GoldSpot Discoveries Corp. announced that it has received CAD 9.1455 million in funding from 2176423 Ontario Ltd.

Goldspot Discoveries and Tembo Gold Identify 54 Drill Targets on Tembo's Gold Project with A Strong Relationship to the Adjacent Bulyanhulu Mine

GoldSpot Discoveries Corp. announced that it expects to receive CAD 9.1455 million in funding

Goldspot Discoveries Corp. Provides Update on New Found Gold Investment and Royalties

Goldspot Discoveries Corp. and Sterling Metals Corp. Identify Numerous Targets on the Sail Pond Silver Project in Newfoundland, and Announce Drilling Program

GoldSpot Discoveries Corp. announced that it expects to receive CAD 10 million in funding

Fortuna Silver Mines Inc. Engages GoldSpot Discoveries Corp.to Identify Targets

Goldspot Discoveries Identifies New Structure Parallel to New Found Gold's Discovery for Exploits Discovery

GoldSpot Discoveries Corp. Deploy New Inversion Process at Northstar Gold's Miller Gold Property

GoldSpot Discoveries Corp. announced that it expects to receive CAD 4 million in funding

GoldSpot Discoveries Corp. Engaged by Calibre Mining to Identify High Value Drill Targets and Deploy Core Imaging Technology

Metallic Minerals Corp. appoints GoldSpot Discoveries Corp. to Apply Machine Learning at its HighGrade Keno Silver Project in Yukon, Canada

Goldspot Discoveries Corp. Discovers New Gold System At Quebec Precious Metals' Elmer East Gold Project Using Artificial Intelligence

Cerrado Gold Inc Engages GoldSpot Discoveries Corp. to Apply Machine Learning

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age