PearTree appoints new president, head of mining

26th June 2015 By: Sashnee Moodley - Senior Deputy Editor Polity and Multimedia

PearTree appoints new president, head of mining

Trent Mell

JOHANNESBURG (miningweekly.com) –  PearTree Securities, a subsidiary of PearTree Financial Services, the originator of flow through donation financing in Canada, has appointed Trent Mell PearTree president and head of mining.

PearTree Financial founder Ron Bernbaum said this week that he was excited by the opportunity to work with Mell as PearTree continued to grow.

“What started as a format to assist charities has evolved into the most cost effective way for Canadian issuers to advance their projects and, in doing so, create jobs and benefit northern communities across Canada. We are proud of our impact in providing over one-quarter of all exploration capital in Canada during the past two years and in funding more than $150-million in exploration and development during the past 12 months,” he highlighted.

Mell, a Quebec native, currently had more than 15 years of experience with the mining industry and capital markets.

At PearTree, he would be responsible for expanding the company’s deployment of capital for Canadian exploration and development mining projects.

He previously served as mineral exploration company Falco Resources president and CEO and as mineral exploration company AuRico Gold executive VP.

Mell had also previously held senior leadership roles at gold mining company Barrick Gold, resource company Sherritt International and precious metals company North American Palladium.

“I am pleased to become a part of what I know to be the most efficient corporate finance platform in resource exploration. As CEO at Falco, I directly experienced the success of using PearTree’s unique format. My mandate is to build and deepen relationships with market participants, including investors, issuers and their intermediaries, to deploy our available capital,” he stated.