Toronto, ON, Canada - December 8, 2009, Toronto, ON, Canada - Victory Nickel announced that Cynthia Thomas has been elected chair of the board of directors, and the board is expanded with the addition of Roland Horst.
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Ms. Thomas has 28 years of banking and mine finance experience, and currently acts as principal of Conseil Advisory Services Inc., an independent financial advisory firm specializing in the natural resource industry which she founded in 2000.
Recent mandates include providing strategic advisory services to Mercator Minerals, Luna gold, Aquila Resources, Capstone Mining, Sherwood Copper and Xstrata Nickel and Yukon Zinc.
Prior to founding Conseil, Ms. Thomas worked with Bank of Montreal, Scotiabank and ScotiaMcLeod in the corporate and investment banking divisions.
Ms. Thomas holds a Bachelor of Commerce degree from the University of Toronto and a Masters in Business Administration from the University of Western Ontario. She was formerly a Director of PolyMet Mining Corp. and is currently a Director and Chair of the Audit Committee for Ferrinov Inc., a private corporation.
Mr. Horst has 35 years of mining industry experience as a chief executive officer, investment banker, corporate banker and geologist, including 13 years as a CEO of both public and private companies involved in mining production, development and exploration in Canada, Brazil, Indonesia and Chile.
Most recently he was President and CEO of Royal Nickel Corporation. Before Royal Nickel, Mr. Horst was President and CEO of International Nickel Ventures Corporation, Vice-President, Business Development for FNX Mining and President of Aurora Platinum Corporation and CEO of Aeroquest Limited and Scintrex Limited, two geophysical companies.
In addition, Mr. Horst recently joined the Board of Directors of Wallbridge Mining Company.
Mr. Horst also has extensive experience in investment banking having held positions as head of the Mining Group at Nesbitt Thomson, Co-Head of Mining Group at Richardson Greenshields, and as a mining corporate banker with the Bank of Montreal. ■