Business
Mining Entrepreneurs Paul Matysek and Bassam Moubarak Join the Freeman Gold Team
• Bassam Moubarak joins as Chief Financial Officer and Director• Paul Matysek, former Lithium X executive, joins the Strategic Advisory Board Vancouver, British
About this update from Freeman Gold Corp.
[{"type":"text","content":" • Bassam Moubarak joins as Chief Financial Officer and Director• Paul Matysek, former Lithium X executive, joins the Strategic Advisory Board Vancouver, British Columbia--(Newsfile Corp. - October 7, 2020) - Freeman Gold Corp. (CSE: FMAN) (FSE: 3WU) (\"Freeman\", or the \"Company\") today announced that the Company's Board of Directors (the \"Board\") has appointed Paul Matysek as Strategic Advisor and Bassam Moubarak as Chief Financial Officer, effective October 1, 2020. Mr. Moubarak has also been appointed to the Company's Board of Directors. Mr. Matysek is a serial entrepreneur, geochemist and geologist with over 40 years of experience in the mining industry. Since 2004 as CEO or Chairman, Mr. Matysek has primarily focused on the exploration, development and sale of five publicly listed companies, in aggregate worth almost 2.9 billion. Most recently, he was Executive Chairman of Lithium X Energy Corp., which was sold to Nextview New Energy Lion Hong Kong Limited for $265 million in cash. Mr. Matysek was President and CEO of Goldrock Mines Corp., which sold to Fortuna Silver Mines in July 2016. He was previously CEO of Lithium One, which merged with Galaxy Resources of Australia to create a multi-billion-dollar integrated lithium company. He served as CEO of Potash One, which was acquired by K+S Ag for $434-million cash in a friendly takeover in 2011. Mr. Matysek was also the co-founder and CEO of Energy Metals Corp., a uranium company that grew from a market capitalization of $10 million to approximately $1.8 billion when sold in 2007. Mr. Moubarak is a seasoned senior executive with over 10 years' experience in the mining industry. Mr. Moubarak was CFO of Lithium X Energy Corp. where he played a key role in its sale to NextView New Energy Lion Hong Kong Limited for $265 million. Prior to this Mr. Moubarak was CFO of Goldrock Mines Corp. where he was instrumental in its sale to Fortuna Silver Mines Inc. for $180 million. He was Chief Financial Officer of Petaquilla Minerals Ltd. where he was responsible in raising in excess of $120 million to develop and bring into production the Molejon Gold Mine. He also played a major role in the sale of Petaquilla Copper Ltd. to Inmet Mining Corporation for $400 million and negotiated the sale of Golden Arrow Resources Corporation's 1% net smelter royalty on Gualcamayo Gold Mine to Premi...