CNRI’s executives and directors possess multiple decades of experience in business. They have launched and grown numerous junior resource companies, and managed advanced and pre-feasibility level projects and beyond. The technical team has a proven track record in both grassroots and brownfield exploration.
The executive team, directors, and advisors have collectively raised hundreds of millions of dollars in the capital markets, primarily in the resource sector. This capital market experience brings value to shareholders for the successful funding of exploration and resource development of the Ferguson Lake Project.
Chairman and Director
Lee Q. Shim is a Canadian entrepreneur and investor with over 36 years of experience in businesses operating in Canada and overseas. In 1984, Lee founded the Lee Li Group in Toronto, Ontario, operating as a food distributor and wholesaler of premium meats. He later built state-of-the-art food processing and beverage manufacturing plants to provide high quality healthy products. With his dedication and vision, he continuously reinvested into the companies by automating facilities to maximize efficiency where possible, enhance service and support long-term stability and sustainable growth. His success has yielded long term relationships with established companies and brands such as Walmart, Coca-Cola, Loblaws, KFC, Wendy’s, Sobeys, Metro, Costco, Minute Maid, Earth’s Own, Sysco Canada and Gordon Food Service.
Throughout his career, Lee has diversified his portfolio with long term investments in Canada, the United States, China, and Southeast Asia. His portfolio includes high- and low-rise residential developments and commercial shopping centres, medical infrastructure and facilities, medicare services, food and beverages manufacturing, cold storage warehousing and distribution logistic centres, and wood veneer manufacturing. He is a partner in a private equity firm and has served as a director (often as a significant shareholder) in private and publicly listed companies, capital funds as well as in many successful ventures. As a venture capitalist, he has raised significant capital to fund projects around the world. In July 2020, he was appointed a director of Enercam Exploration Ltd., subsidiary of Angkor Resources Corp.
Lee is a strong believer in giving his time back to the community. He previously volunteered in various trade missions to different cities in China on behalf of the Canadian Government. He currently serves as a director and honorary director for several Canadian and Chinese Business associations and as an honorary board member at Renkang and Kanghua Hospitals in China.
President & CEO, and Director
Dr. Yang has over 30 years of experience as an exploration geologist developing resources within discovery, resource definition, feasibility, and mining stages. Early in his career, he was a research scientist in the Department of Geology at the University of Toronto, and also served as a senior consultant for Canadian mining companies (Barrick, Inco, Falconbridge, etc.) and the World Bank Group.
Recently, Dr. Yang has been an independent consultant and director for several major Chinese gold companies and many Canadian mining and investment companies. He previously served as Executive Vice President Exploration and International Operations for the Zijin Mining Group a diversified mining conglomerate listed on the Hong Kong and Shanghai Stock exchanges (>CAD $540B, market cap). He also served as the Chairman for the Sprott-Zijin Joint-Venture Mining Fund, an offshore gold mining fund focused primarily in equity and debt funding for precious metal and copper mining companies.
Dr. Yang was also a founder and President of a Canadian public company that conducted mineral exploration in China that won the Prospection and Exploration Outstanding Achievement Award from the China Mining Conference in 2011. He also served as the Chairman and General Manager for several Chinese-foreign joint-ventures.
Dr. Yang studied geosciences at the University of Toronto, Chinese Academy of Geological Sciences, and obtained his PhD in Geology in 1990 from the China University of Geosciences (Beijing). During his tenures, he has published numerous articles and conference papers, many focused on massive sulphides, metal-rich-magmatics, and regional precious metal potential and exploration. He is active in associations such as the Society of Economic Geologists (Fellow), Australian Institute of Geoscientists (Fellow), and Prospectors and Developers Association of Canada (Core Member).
Chief Financial Officer
Mr. Carmelo Marrelli brings more than 20 years of financial reporting experience, specializing in management advisory services, accounting, and the financial disclosure. Carmelo, also known as Carm, is the principal of The Marrelli Group of Companies that provides corporate, financial accounting, and reporting services in the Canadian capital markets.
Over his career, Carm has been director and held senior financial roles in private and publicly-listed companies across many industries including mining. Carm takes a value-based approach as a Chartered Professional Accountant (CPA, CA, CGA) with his expertise spanning across all phases of capitalization and growth.
Since 1999, Carm has been a member of the Institute of Chartered Professional Accountants of Ontario and is a member of the Institute of Chartered Secretaries and Administrators (since 2000), a professional body that certifies corporate secretaries. He holds a Bachelor of Commerce degree from the University of Toronto.
Ms. Wang is the founder of Guangdong Grandee Investment Group Co., Ltd. (“Grandee Group”) and is currently the Executive Director of the group. Since Ms. Wang started her own business in 1991, she has successively founded Dongguan Loyal Woods Industry Co., Ltd., Guangdong Hopson Wealth Financial Leasing Co., Ltd., Dongguan Golden Valley Credit Investment Consulting Co., Ltd., and Guangdong Grandee Real Estate Development Co., Ltd., etc. Grandee Group was founded in the year of 2011 by integrated all the companies founded by Ms. Wang. Grandee Group focuses on investment management in real estate, commercial real estate, finance, health and the wood industry.
Ms. Wang has been responsible for the management of family businesses including Dongguan Xingye Finance Guarantee Co., Ltd. and Kanghua Renkang Hospital. Ms. Wang has more than 20-year experiences in investment management of real estate, commercial real estate, finance, health and the wood industry. Ms. Wang holds an Executive Master’s Degree in business administration from Sun Yat-sen University.
Mr. Rick Brown has spent over 30 years in the financial capital markets in North America where he successfully completed numerous financings, mergers, acquisitions, and divestitures. Presently, Rick manages the China desk at Sprott Capital Partners in Toronto, Ontario, where he is responsible for foreign and institutional client investments in the resource sectors across the Americas and Europe.
In 2001, Rick co-founded Osprey Capital Partners, a mid-market firm assisting mid-sized companies in all types of fundraising and M&A activities. Prior to this, Mr. Brown spent time with Scotia Capital Markets in New York, USA, where he worked on some of the largest M&A and financings transactions of that time.
Mr. Brown holds a Bachelor’s Degree in Economics and a Master’s Degree in Finance.
Mr. Michael Weeks has 25 years of experience in power generation and petroleum-related industries. Mike was a founder, president and CEO, and is presently the executive chairman of Angkor Gold. Over his career, he has spent more than 14 years negotiating with governments, communities, and stakeholders in developing and implementing natural resource concessions.
In developing countries and communities, Mike is instrumental in implementation of training programs for local labour force development, skills and professional accreditation, and has made significant strides in self-sustaining community growth and enhancement. Mike was, a founding director of a petroleum training company as well as two financial service companies.
He has an engineering background and holds a First Class Power Engineering Certificate. He has managed major projects in Canada, Asia, Africa, and Europe, including several major production facilities in North Africa.
Xian Jian Guo, PhD (Metallurgy)
Dr. Guo has over 35 years of experience in process development, plant operation, optimization, engineering, and project management in the mining and mineral industry.
He has successfully managed a number of large international mining/mineral projects with multi-billion dollar investments covering project evaluation, engineering, construction, and commissioning.
As a Canadian and professional engineer, Dr. Guo was a Director at Hatch Ltd. in Ontario and Senior Scientist at the Noranda Technology Center in Quebec. He has held a number of international positions, including: Technical Director (for China) in Hatch Ltd.; Chief Engineer of Zijin Mining Group Co. Ltd.; Vice President of Ramu NiCo Management Ltd. in Papua New Guinea; and Director of the Metallurgical Department in the Beijing Research Institute for Nonferrous Metals. He is currently a senior advisor with the Zijin Mining Group.
Dr. Guo obtained a PhD in Metallurgy from Kunming University of Science and Technology in China (1989) and completed post-doctoral studies at Mackay School of Mines at the University of Nevada in Reno, USA.
Stephen du Toit, B Comm., CMA
Stephen du Toit has over 30 years of experience spanning executive, strategic, tactical, and transformational and operational initiatives for manufacturing, product supply, and facility operations. His roles as EVP, VP, COO and in other executive positions encompass multi-national operations in Canada, Saudi Arabia, Russia and other countries.
Prior to joining Coca-Cola in 1999, Stephen spent over a decade in the consumer goods industry with Diageo, Penguin Foods, SAB Miller, and Lever Brothers (Unilever). He joined Coca-Cola as Manager, Country Supply Chain in Saudi Arabia and in 2000 was Director, Middle East Regional Supply Chain. From 2005 to 2011, as VP he headed up the Commonwealth of Independent States Cluster Procurement, Planning & Supply. In 2011, he became VP, Manufacturing in Canada, lead Minute Maid Canada (2013 to 2015), then became SVP, Product Supply System, and is currently EVP and COO for Coca-Cola Canada Bottling Limited a newly created, independent bottler.
Stephen holds a Bachelor’s Degree in Commerce specialized in Accountancy, Statistics and Computer Science from the University of Pretoria. He is also a certified Chartered Management Accountant (CMA) and a Fellow of the Procurement Institute of Europe