Keith Spence – President & Partner, BSc. (Hons) Geology, MBA., FCIM.
Mr. Spence held senior positions in investment banking & corporate banking, at Royal Bank of Canada (RBC) Capital Markets and Bank of Montreal (BMO) Capital Markets; where he was involved in corporate finance, mining finance, M & A and international transactions. He has also been involved in numerous international financings.
Mr. Spence has conducted business in China for several years, including numerous high-level negotiations and transactions; in China’s outbound investments in mining resources. He was also CEO of a foreign-joint venture mining company in western China. He is Co-Chairman and Co-Founder of the Canadian mining valuation standards for mining projects; referenced by the Toronto Stock Exchange (TSX-V) and the Hong Kong Stock Exchange. He has presented extensively on mining valuation. He has often been quoted in the media on international mining investments, in leading press such as Bloomberg, Financial Times of London, South China Morning Post, China Daily, CCTV, Chinese media, The Globe & Mail and Reuters.
As a field geologist, Mr. Spence has experience in gold and base metals exploration in the Canadian north, China and internationally. He is a member of the Board of Directors of The Prospectors & Developers Association of Canada (PDAC), Hon. Board of Trustees of The Royal Ontario Museum (ROM) and is a graduate of the Institute of Corporate Directors (ICD). He has been on the Boards of Ontario Place and the Canadian Institute of Mining, Metallurgy and Petroleum (CIM); and is a member of the Dean’s Advisory Council, Faculty of Science -Western University. He was Chairman of The Toronto Board of Trade, Gardiner Awards and was named a Toronto Trailblazer.
Mr. Spence received the CIM Distinguished Lecturer Award, the CIM Fellowship Award, the Robert Elver Mineral Economics Award for outstanding contributions to Canadian mineral economics; and received the Queen Elizabeth Diamond Jubilee Medal Award, for contributions to Canada. A Commonwealth Scholar; he is a graduate of the Global Management program from Harvard University, has an Honors B.Sc. in Geology from the University of Western Ontario and an MBA from the Ivey School of Business.
Peng Mun Foo – Partner (China), MSc., CPA., Licensed Private Equity Fund Manager
Mr. Foo has several years of experience of investing and building businesses in Asia that he gained through his work in both private equity and public equities. He is a resident of Beijing, China; with exceptional deal origination skills.
He started his career at Deutsche Bank Alex Brown, where he was responsible for buy-side primary research and investment advisory work.
Previously Mr. Foo has worked with Legg Mason Asset Management ( Asia ) as Chief Operating Officer and with China Everbright Venture Capital fund, overseeing deal evaluation and structuring of Chinese Private Equity investments. He was also CFO of Asia Pacific and Deputy General Manager of London Asia Capital Plc and is CFO of four investee companies. London Asia Capital PLC is a leading Asian focused merchant banking and private equity fund management group with more than US$200 million of assets under management.
Mr Foo holds a Master of Science degree and is a Certified Public Accountant (CPA). He has passed the Chartered Financial Analyst (CFA) Level 2 examination, holds a Singapore Fund Management Representative’s license and is also a Licensed Private Equity Fund manager.
Peyvand Bayzae – Partner, CFA., BA.
Mr. Bayzae has more than 20 years of international experience in analysis, evaluation and execution of mining assets and projects. His areas of expertise include: corporate finance; valuation of the gold sector; project development and nickel laterites He has particular experience with the complexities associated with one of the world’s premier geologic destinations: Indonesia.
He founded and developed Mining Valuation Research as the application of financial analysis to corporate finance and corporate development needs of mining companies and investors, generating on-going business intelligence for key functions such as due diligence, capital budgeting, portfolio optimization, corporate strategy, as well as communication with investors, analysts and other key stakeholders.
Mr. Bayzae’s transactional experience includes various instruments and commodities, ranging from debt & equity capital raising (including IPO), capital-intensive project development and financing, joint ventures as well as mergers & acquisitions, involving nickel, gold, bauxite, copper and lead-zinc. He is a graduate of the University of British Columbia’s Sauder School of Business and a CFA Charter holder.
Robert Khayrullin – Vice President, CFA., MBA.
A seasoned mining investment banking professional, Mr. Khayrullin has also been Managing Director at Niagara Capital Markets, a mining-focused corporate finance advisory firm. His diverse 10-year international career has spanned mergers and acquisitions (M&A), debt and equity financings, venture capital, project finance, and asset management.
Mr. Khayrullin worked with Goldman Sachs in London, and also worked for BMO Capital Markets’ Metals & Mining Group, raising financing for mining companies. He also executed large and small M&A transactions (including Alcoa’s landmark US$33 billion hostile takeover bid for Alcan). Prior to BMO Capital Markets, he was with Deutsche Bank’s Moscow office for three years, advising Russian and multinational resource companies on M&A, IPO’s, debt financings, and strategic advice. Mr. Khayrullin also worked with a Swiss-based €100 mm venture capital fund with a global focus, conducting due diligence and investing in early-stage companies. He started his career in the USA office of a major resource company.
Mr. Khayrullin obtained his MBA from London Business School. He is also a CFA Charterholder. He studied at Moscow State University and received his Honours Bachelor of Business Administration degree from the University of Oklahoma (USA Congress’ Scholarship).
Kim Freeman – Advisor, BEng (Mining), BSc.
Mr Freeman is a professional mining engineer with over 40 years of mining company management/executive and project development experience involving diamonds, copper, gold, nickel, PGMs, zinc, lead and bauxite combined with private equity experience. Currently, Mr Freeman is a Director of Klipspringer International Ventures Limited which he co-founded after being the CEO of Milost Global Inc. Before this he completed a consultancy contract as the COO of RioZim Ltd in Zimbabwe, served as Group Chief Executive Officer of Mintails Limited and was the Chief Operating Officer at Platinum Australia Limited. Prior to these roles, he served as a Senior Vice President – Project Development and Technical Services at Katanga Mining Limited. Other significant roles include Managing Director of Atlas Consolidated Mining & Development Corp and Chief Operating Officer for Mining Operations at Hindalco Industries, Ltd., the flagship company of one of India’s largest conglomerates, the Aditya Birla Group. He has also held senior operations and project development roles worldwide with Falconbridge, SouthernEra Resources, De Beers and JCI amongst others.
Mr Freeman holds a B.Eng. in Mining from the Technical University of Nova Scotia and a B.Sc. in Engineering from Dalhousie University, Nova Scotia. He has been a professional engineer for 41 years and is currently registered with the Professional Engineers of Ontario.
Mr Freeman has dealt with a range of projects over the years mainly in conjunction with his production responsibilities but also as individual entities in more recent years. He has introduced trackless mining to the deep level gold and platinum mines of JCI in South Africa; managed the development of Klipspringer and Marsfontein diamond mines from exploration properties to production in a record 11 months at a very low cost including the design and building of a treatment plant and final recovery which was the envy of De Beers; overseen many different projects with Falconbridge, Hindalco, Atlas Consolidated and the US$3.0 billion Katanga rehabilitation and SX/EW project in the DRC. The treatment flowsheet developed for copper oxide ores is still being used by Glencore currently.
Mr Freeman brings a strong international mining and project background (underground & open cast). This is complemented by his ability to work well with all nationalities and a strong regard for the environment and communities adjacent to the mines and for the governments of every country.
Jack Kai Lei – Advisor (China), LL.B., LL.M (Harvard).
Mr. Lei is the Managing Director of Kunlun Law Firm’s Beijing office in charge of the Firm’s international practice. He has experience in and specializes in international metals and mining projects, foreign direct investments and overseas investments and acquisitions by Chinese companies. Mr. Lei also has experience in cross-border mergers and acquisitions, financings, restructurings, technology transfers and licensing.
Mr. Lei has worked on international legal matters with reputable international law firms such as Coudert Brothers and Thieffry & Associes (both in Paris). He has contributed to more than 50 Sino-foreign Joint Ventures, WOFE (wholly-owned foreign enterprises) and international BOT projects. He has advised multinational companies on their Chinese projects; including ABB, Elf, Alstom, BNP, Total, Sumitomo, Samsung Beijing, Bank of China and Sinochem.
Mr. Lei is a co-author of the Business Law in China book. He has published more than 10 articles and books on Chinese and international business law topics in French and Chinese law journals.
Mr. Lei has Master of Law degree (LL.M.) from Harvard Law School, LL.M. from Wuhan University, and LL.B. from Southwest Institute of Politics & Law and Doctorate studies at University of Paris – La Sorbonne in France.
Dr. John B. Gammon – Advisor, BSc. (Hons) Geology, PhD.
With a distinguished career in the mining industry of over 40 years, Dr. Gammon served for 17 years as Assistant Deputy Minister, Mines and Minerals, with the Government of Ontario, Canada. As Assistant Deputy Minister, Dr. Gammon was the senior policy advisor responsible for all mining issues, including environmental regulation and investment opportunities within the Ontario province. Dr. Gammon also spent a significant amount of time working with Ontario’s Far North aboriginal communities on mining and land claim issues. Prior to being appointed as Assistant Deputy Minister, he was Director, Mineral Development and Lands Branch, for the Ministry of Northern Development and Mines with the Government of Ontario.
In the private sector, Dr Gammon’s career includes senior management positions with Falconbridge Nickel Mines Ltd. in Scandinavia, the Americas and Southeast Asia, where his work included a number of significant mineral discoveries.
Since his retirement from the government, he established John Gammon Associates Inc. His firm’s accomplishments include developing Mineral Policies for various countries on World Bank contracts. He is a member of the Boards of the PDAC and several mining and exploration companies. He is the Founder and Co-Chair, World Mines Ministries Forums, which brought together the leaders of the mining industry from the key mining jurisdictions of the world.
Mr. Gammon was educated in England and received undergraduate (BSc. Hons.) and graduate (PhD.) degrees in geology, from the University of Leicester and the University of Durham, respectively. He did three years of postdoctoral research at Princeton University and the University of California, as the recipient of a Senior Visiting Fulbright Fellowship.