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Mineral And Financial Investments Limited unveils new chairman


The company said Mark Brown has been appointed as an independent member of its board of directors in addition to the chairmanship

Mineral & Financial Investments Limited () said it has appointed Mark Brown as an independent member of its board of directors who will also assume the role of chairman.

The AIM-listed firm said Brown currently serves as the president of Pacific Opportunity Capital Ltd, a merchant banking and financial consulting firm active in the North American venture capital markets, and has “assisted in the successful establishment of several private and public companies”.

READ: Mineral & Financial begins second phase of drilling at South Zone of Lagoa Salgada

M&FI also said Jacques Vaillancourt will assume the role of president, chief executive and as a director.

“Mr Brown’s financial and mining experience, as well as his active roles as a senior director of numerous public companies, make him a great fit for the M&FI Board and we look forward to working with him. Moreover, his addition as an independent director will further strengthen the Board’s independence in governance”, Vaillancourt said in a statement.

Shares in the company were steady at 9.3p in mid-morning trading on Wednesday.



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