Without a BUYOUT !

EXECUTIVE COMPENSATION

 

Stephen de Jong, (1) 2015 $229,787 $145,000 0 $2,071 $376,858 President, CEO & Director

 

Mr. De Jong receives his compensation as President and CEO and does not receive additional compensation as a director. Mr. de Jong’s increased 2015 bonus reflects his performance in the successful acquisition of the Sigma mill and property.

 

 

Travis Gingras, (2) 2015 $120,749 $17,500  $138,249 CFO

 

Travis Gingras was appointed Chief Financial Officer on April 16, 2012, and became a full-time employee of the Corporation on September 1, 2014.

 

 

 

George Salamis (3) 2015 $199,000 $110,000 $ 309,300

 

George Salamis was elected as a board member on January 15, 2013 and appointed Chairman on March 3, 2014. As Chairman, Mr. Salamis significantly increased his time working with the Company which led to higher consulting fees in 2015. Mr. Salamis’ increased 2015 bonus reflects his performance in the successful acquisition of the Sigma mill and property.

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