Key points
- Stuart MacKenzie was appointed company secretary and legal counsel of Nautilus Minerals, effective Oct. 14, 2016.
- Glenn Withers was appointed acting chief financial officer of Nautilus Minerals, effective Oct. 14, 2016.
- MacKenzie holds a BSc honours in geology from the University of Alberta and a law degree from the University of New South Wales, and previously worked at Placer Dome Asia Pacific, Lihir Gold, Pacific Aluminum and Barrick Gold.
- Withers has 18 years of finance experience, holds a bachelor of commerce from the University of South Africa and an MBA from Oxford Brookes, and is a fellow of the Association of Chartered Certified Accountants.
Nautilus Minerals Inc. has appointed Stuart MacKenzie as company secretary and legal counsel, and Glenn Withers as acting chief financial officer, effective Oct. 14, 2016.
Mr. MacKenzie has over 30 years experience in the mining industry, and holds a BSc (honours in geology) from the University of Alberta and a law degree from the University of New South Wales. He has extensive experience with the Toronto Stock Exchange, Nasdaq, Australian Stock Exchange and Port Moresby Stock Exchange listings, as well as Securities and Exchange Commission and SOX requirements. Mr. MacKenzie has served as legal counsel and company secretary for Placer Dome Asia Pacific Ltd., Lihir Gold and Pacific Aluminum, as well as periods working for Blake Dawson Waldron (now Ashurst), Stikeman Elliott and Barrick Gold. Mr. MacKenzie has been admitted to legal practice in Queensland, New South Wales and British Columbia, and is a member of the Queensland Law Society.
Mr. Withers has 18 years experience in finance, initially in investment banking, with the last six years in senior finance positions in oil and gas, drilling, and resource companies within the MB Group. Mr. Withers has a bachelor of commerce from the University of South Africa, an MBA from Oxford Brookes and is a fellow of the Association of Chartered Certified Accountants (ACCA).
Nautilus is the first company to explore the ocean floor for polymetallic seafloor massive sulphide deposits. Nautilus was granted the first mining lease for such deposits at the prospect known as Solwara 1, in the territorial waters of Papua New Guinea, where it is aiming to produce copper, gold and silver. Its major shareholders include MB Holding Company LLC, an Oman-based group with interests in mining and oil and gas, which holds a 27-per-cent interest, and Metalloinvest, the largest iron ore producer in Europe and the Commonwealth of Independent States, which has a 15-per-cent holding (each on a non-diluted basis, excluding loan shares outstanding under the company’s share loan plan).
