CEO & Chair
Mark Morabito’s record of success in business is based on his bold philosophy that, “It’s not about the risk — it’s about the opportunity.” In mining, as in merchant banking and an array of other business ventures, he sifts through the rubble of risk to extract golden opportunities.
In addition to his role Chair of Excalibur Metals Corp., Mark Morabito has been the founder and principal driving force behind a number of resource development companies, and led two mining companies from initial start-up on the TSX Venture Exchange to full NYSE listings.
At Alderon Iron Ore, which he founded, his skill as a negotiator enabled the company to secure a US $400 million agreement with HBIS Group, at the time China’s largest steel producer entering their first investment transaction outside of China in the company’s history.
At Intrepid Metals Corp., where he serves as Chairman of the Board, he is leading an exploratory venture in the Tombstone area of Arizona, where rich deposits of copper, silver and zinc are locked away beneath arid landscapes.
This area has produced over 8 billion pounds of copper since the very first discoveries were made more than a century ago. Intrepid has secured land and mineral rights to nearly 9,000 prime acres, including 1,725 acres of patented mining claims and surface rights ownership.
Mark Morabito is also CEO of King & Bay West, a merchant bank and public company services provider, and leads several other successful public and private companies.
A native of Ontario, Mark earned a B.A. from Simon Fraser University and completed his J.D. at Western University’s Faculty of Law.
He began his career as a corporate finance and securities lawyer practicing in Toronto, and later Vancouver, where he is currently based. He has supplemented his legal expertise with a breadth of knowledge in junior mining, merchant banking and corporate development. In addition, he has raised more than $1 billion over the course of his career.
Learn more about Mark Morabito:
https://markmorabito.ca/
https://www.f6s.com/member/markmorabitovancouver
https://www.crunchbase.com/person/mark-morabito
https://intrepidmetals.com/corporate/directors/12-mark-j-morabito
https://www.kingandbay.com/about/mark-morabito/1.html