TORONTO (miningweekly.com) – South Korea-focused Woulfe Mining, which is constructing the Sangdong tungsten/molybdenum mine, has appointed director Hubert Marleau as its interim CEO, following CEO Brian Wesson’s resignation at the end of February.
With more than 40 years of experience in the business and financial community, Marleau, who also is a director of Palos Capital, has raised funds privately and publicly for hundreds of emerging and mature companies, structured many mergers and acquisitions, as well as designed and created numerous financial deals in Canada.
Marleau has worked at the executive level of several large investment banks, most notably for Nesbitt Thomson and for Lévesque Beaubien, in addition to his own firm, Marleau, Lemire. Over the course of his career, Marleau has been a board member for a multitude of publicly traded companies, governor of the Vancouver and Montreal stock exchanges, a member of the listings committee of the Toronto Stock Exchange, and director of the Investment Dealer Association of Canada.
"We have a business with great, yet to be realised, potential and there is much work to be done. We will prevail in our objective in developing and operating a world-class tungsten mine with appropriate rewards for our shareholders and employees,” he said.