People. The Foundation of our Success.

Foran brings together a skilled local workforce and strong global leadership team committed to innovation, hard work, and success.

Directors

Mr. Myerson, previously head of Glencore’s Canadian zinc business, has vast global experience in the metals and mining sector; including refined metal and concentrates trading, mining and smelting operations, and capital markets. Before joining Glencore, Mr. Myerson worked for Morgan Stanley in their Equity Capital Markets team based out of Sydney, Australia. He holds a Master of Finance degree from the Queensland University of Technology.

Mr. Tagami joined the Board of Directors in 2011 and has over 40 years’ experience in mining development and operations. Mr. Tagami holds a degree in Metallurgical Engineering from the University of British Columbia and is a Professional Engineer with APEGBC. During his career, has played a significant role in the metallurgical and project management of numerous open pit, underground and heap leach projects worldwide.

Mr. Tagami served as the Vice President, Mining Operations and later as Technical Ambassador at Wheaton Precious Metals Corp, the largest metals streaming company in the world. Previously, he held the positions of President and CEO, with Keegan Resources Inc. and Senior Project Manager (Onca Puma Project) with Canico Resource Corp. (acquired by CVRD in 2005). Mr. Tagami served on the Board of Brett Resources Inc. (acquired by Osisko Mining Corp. in 2010) and currently sits on the Board of Maple Gold Mines Ltd. and Freegold Ventures Limited.

Committees:  Environmental, Social & Governance (Chair), Audit & Risk, Nominating, Governance & Corporate Compensation

Mr. Bakar brings a wealth of experience and knowledge from the technology sector to Foran’s Board, spending over the past 20 years holding key positions at Google and Microsoft.

As the current Vice President of Engineering at Google, overseeing Fitbit and Health, Majd Bakar is a visionary and innovator who is passionate about creating innovative technology solutions that positively impact society and the environment. Over the past decade at Google, Mr. Bakar is credited with conceiving and launching Chromecast as well as leading the engineering teams behind Google Home and Google Wifi. Before joining Google, Mr. Bakar spent nine years at Microsoft, where he held various roles of increasing responsibility. He holds a Bachelor’s degree in Electrical Engineering and a Master’s degree in Biomedical Engineering, both from McGill University in Montreal.

Committees: Environmental, Social & Governance, Nominating, Governance & Corporate Compensation

Ms. Guay is currently Chief Technical Officer at Evolution Mining and brings over 30 years of experience in the mining industry with extensive technical and operational expertise. Prior to her current role at Evolution Mining, she held several key positions at Agnico Eagle Mines Ltd., including Vice President, Technology, Optimization & Innovation (2022-2024), Vice President, Technical Services (2018-2022), and Senior Corporate Director Technical Services. She has also worked with Coffey Mining in Australia and as a consultant with SNC-Lavalin in Montreal. Ms. Guay’s experience also extends to managing processing plants for polymetallic mines. She holds a Bachelor of Science in Mining Engineering from Laval University.

Committees: Environmental, Social & Governance

Ms. Inkster has over 20 years of experience in public company management, corporate transactions, public and private debt and equity fundraising, and public company reporting and disclosure. She served as President and CEO of Lundin Mining Corp from October 2018 to October 2021 after serving for 10 years as Chief Financial Officer. Prior to joining Lundin Mining, Ms. Inkster held senior positions in several publicly traded companies, including five years with LionOre Mining International Ltd. where she served as Vice President, Controller at the time of its acquisition by Norilsk Nickel in July 2007.

Ms. Inkster was a Director, Audit Committee Coordinator and member of the Capital Allocation and Projects Committee for Vale S.A. from May 2023 to July 2024. She also previously served on the Board of Lucara Diamond Corp as the Chair of the Audit Committee (2014-2024) and member of Compensation Committee (2020-2024) and on the Board of the International Zinc Association (2018-2022) and served as Chairperson from November 2020 to January 2022.

Ms. McDonald brings extensive experience in clean energy, mining, and government sectors to Foran’s Board. Ms. McDonald’s career includes past leadership roles such as President and Chief Executive Officer of BC Hydro and Power Authority, a clean energy utility. She currently sits on the Boards of GFL Environmental (TSX:GFL) and the Greater Vancouver Board of Trade. Ms. McDonald’s extensive government experience includes serving as Deputy Minister to the Premier and Head of the BC Public Service. She holds a Bachelor of Arts degree in Political Science from the University of British Columbia, is a graduate of the Institute of Corporate Directors, and holds a certification in cybersecurity oversight from the National Association of Corporate Directors and Carnegie Mellon University.

Committees: Audit & Risk, Environmental, Social & Governance, Nominating, Governance & Corporate Compensation

Mr. Petroff joined the Board of Directors in 2012 and has over 30 years’ experience in the mining and investment industry, including holding senior management and financial positions with several prominent, publicly-traded mining companies and working in Investment Banking with a major Canadian investment dealer.

Mr. Petroff was previously President, CEO and Director of Jaguar Mining Inc. From early 2009 until its acquisition by Nyrstar NV in mid-2011, he held the role of President, CEO, and Director of zinc producer Breakwater Resources Ltd. Mr. Petroff, who holds a B. Math from the University of Waterloo and an MBA from the Schulich School of Business, also sits on the Board of Carolina Rush Corporation.

Committees: Audit & Risk (Chair)

The Honourable Wayne G. Wouters, PC, OC, brings extensive experience, strategic insight, and expertise to Foran, developed over his distinguished career in public service, including five years as Clerk of the Privy Council of Canada.

Mr. Wouters has deep roots in Saskatchewan. He was born and raised in the province, and he began his public sector career in 1977 with the provincial government. He served as Director of the Energy Policy Branch in the Department of Mineral Resources in the Government of Saskatchewan before then serving for multiple decades in various roles within the Federal Government of Canada. During his tenure, Mr. Wouters held various appointments including Deputy Minister of Fisheries and Oceans, Deputy Minister of Human Resources and Skills Development, Deputy Minister of Labour, and Secretary to the Treasury Board before being appointed as the Clerk of the Privy Council in 2009. He was appointed an Officer of the Order of Canada in 2017, in recognition of his many years as a dedicated and insightful public servant.

Mr. Wouters received his Bachelor of Commerce degree in economics from the University of Saskatchewan as well as a Master of Arts in economics from Queen’s University. Mr. Wouters also sits on the Boards of Champion Iron Ltd., Blackberry Ltd., and Canadian Utilities Ltd.

Mr. Wouters currently holds the position of Strategic and Policy Advisor with McCarthy Tetrault, LLP.

Committees: Nominating, Governance & Corporate Compensation (Chair), Audit & Risk

Management

Mr. Myerson, previously head of Glencore’s Canadian zinc business, has vast global experience in the metals and mining sector; including refined metal and concentrates trading, mining and smelting operations, and capital markets. Before joining Glencore, Mr. Myerson worked for Morgan Stanley in their Equity Capital Markets team based out of Sydney, Australia. He holds a Master of Finance degree from the Queensland University of Technology.

Mr. Lamarche has over 20 years of experience in the mining industry in both technical services and operational capacities. He is a seasoned leader who has managed large teams across multiple jurisdictions in Canada, including established operations and new projects. Prior to joining Foran, Mr. Lamarche was the Head of Mines/Mills Technical Services for Vale’s Canadian operations which included the Ontario, Manitoba and Labrador sites. In this role, he was responsible for the mine design and planning, geology, in-mine exploration, seismic risk management, technical services execution as well as mill technical support. He was also the Qualified Person for the MRMR disclosures and the owner of mine standards for the North Atlantic Operations. In addition, he was responsible for the deposition activities and geotechnical assurance for tailings dams at the Canadian operations.

Mr. Lamarche also possesses valuable operational experience having held the role of Mine Manager at Vale’s Coleman Mine and at the Totten Mine, where he was also responsible for operational readiness as it transitioned from project phase into an operating plant. Prior to joining Vale in 2006, he was a mining engineering consultant for SRK in Wales, UK after having started his career as an EIT at the Kidd Mining Operations.

Gilbert is a registered Professional Engineer in the province of Ontario and holds an Applied Science degree in Mining Engineering from Laurentian University.

James is a finance and capital markets professional with an expertise in the metals and mining sector. James’ specialties include corporate finance, risk management, valuations, strategic initiatives, transaction structuring, securities/financings, corporate governance, and capital markets. He has been involved with >C$2.8B of financings, M&A and various other strategic transactions in the mining and metals space.

James is a Chartered Professional Accountant and holds the Chartered Financial Analyst designation.

Tracy Aitchison has over 25 years of experience in the mining industry. She is an experienced executive who has successfully managed teams on both a global scale and within Canada.  Prior to joining Foran, Tracy served as the leader of the HR Business Partner team for the Oil Sands business at Suncor Energy Inc for the past 5 years. Prior to Suncor, her extensive tenure at Vale Base Metals, spanning over 15 years, culminated in her role as the VP Human Resources for Base Metals.

Tracy holds a bachelor’s degree in Labour Studies from McMaster University and has enriched her leadership capabilities through a diverse array of training programs.  With a wealth of experience and a commitment to fostering a positive workplace culture, Tracy will play a pivotal role in ensuring the well-being of our employees and the sustainability of our business.

Tracy is guided by a strong philosophy centered on people, safety, and sustainability. She believes that by investing in the well-being of employees, prioritizing safety in the workplace, and embracing sustainable business practices, organizations can achieve long-term success while making a positive impact on society and the environment.

Brad Bolger is a Chartered Professional Accountant with over 20 years of progressive public accounting, finance, and corporate governance experience. Prior to joining Foran Mining, he was the Senior Vice President of Finance for Copper Mountain (acquired by Hudbay Minerals in June 2023). He has held progressively senior positions with companies producing base and precious metals both Internationally and in North America.  Brad also brings public company auditing and assurance experience with PricewaterhouseCoopers, working in the Vancouver mining practice until 2010.

Brad has a Bachelors of Business Administration from Thompson Rivers University and holds a Master of Laws in Mineral Law and Policy from The Centre for Energy, Petroleum and Mineral Law and Policy at the University of Dundee, Scotland. Brad earned his Chartered Accountant designation in 2010.

John Caldbick is a seasoned mining executive with over 30 years of experience across three continents. He has held senior roles in executive, mine management, project management, and technical capacities for 20 years. John served as President of Canadian Royalties Inc., where he led a $735M mine construction project and transitioned the company into a producing miner with over $350M in annual revenue. He was also President and Director of Procon Canada East Ltd., managing operations at the Vezza Gold Mine and Wallbridge Mining’s Fenelon project.

His diverse experience covers 20 years in underground mining and over 10 years in open-pit mining, dealing with precious metals, base metals, PGE, and rare earth commodities. John has been involved in all stages of mine development, from environmental permitting to production and shutdown.

John holds a B.Sc. in Mining Engineering, a B.A. in Political Science, and is a licensed Professional Engineer in Ontario.

Erin Carswell is a seasoned Geoscientist with extensive experience in Exploration, Project Generation, Project Management, Business Development, and Corporate Strategy. Her career spans key roles at global mining entities such as Newcrest Mining and MMG Australia, where she managed technical due diligence for gold and copper acquisition opportunities, and led project generation and exploration initiatives.

A holder of an MSc in Geology from Monash University, Australia, Erin brings to Foran a unique blend of technical and strategic expertise. Passionate about mentorship and diversity in the mining industry, she’s committed to fostering a learning culture within the team and promoting gender equality.

Jonathan French has over 12 years of experience in capital markets, primarily focusing on the metals & mining sector. Prior to Foran, Mr. French worked at a generalist investment fund supporting stock selection across multiple sectors. His experience also includes working at a boutique brokerage firm in equity research where he helped provide investment recommendations for precious metal companies, helping achieve industry rankings: #1 Top Stock Picker, Thomson Reuters StarMine 2016; #2 Precious Metals Analyst in Brendan Wood’s 2014 Survey (#10 in 2013); and #2 Overall Earnings Estimator, Thomson Reuters StarMine 2015.

Jonathan holds an Honours Bachelor of Commerce degree from McMaster University and is a CFA Charterholder.

Etienne Ravilet Guzman is a corporate commercial lawyer with experience principally in the mining industry. Prior to joining Foran, Mr. Ravilet Guzman worked as in-house legal counsel for a group of Canadian real estate investment trusts and, before that, practiced law at McCarthy Tétrault LLP, where he worked in the areas of corporate finance and securities, primarily in the natural resources sector. Mr. Ravilet Guzman holds Juris Doctor and Bachelor of Civil Law degrees from McGill University’s Faculty of Law and was called to the Ontario Bar in 2018.

Sam Renelli joined Foran in June 2023 has over 25 years of technical and operations experience in the mining industry, working in progressive engineering and operations management positions. He previously worked for Newmont/Goldcorp as the Mine Operations Manager at Musselwhite and Red Lake Gold Mines, where he was responsible for managing mine operations, maintenance, and technical services. He also served as Project Manager for McIntosh Engineering (now Stantec) where he oversaw pre/feasibility studies, optimizations, and detailed engineering design projects for various international mining companies. Mr. Renelli has held various management positions with Cementation, exp, First Nickel, and Xstrata Nickel (now Glencore). He has a proven track record building and leading safe and successful technical, operations, and project teams. Mr. Renelli is a registered Professional Engineer and holds a Bachelor of Engineering from Laurentian University and an mMBA from York University.

Advisory Board

Brad Wall has over 20 years of political experience and served as the 14th Premier of Saskatchewan from November 2007 to February 2018. During his 10-year tenure as Premier, Mr. Wall guided the province through a period of strong economic growth, record infrastructure investment, export expansion, and population growth, in addition to helping the province earn its first ever AAA credit rating in 2014. Mr. Wall is a special advisor at Osler, Hoskin & Harcourt LLP and serves on the Boards of Whitecap Resources Inc., Maxim Power Corp. and NexGen Energy Ltd.

Mr. Morcombe joined the Foran Board of Directors in mid-2010 and was appointed Chairman shortly thereafter. Mr. Morcombe has more than 20 years of international experience in a variety of roles in in the natural resource sector. This includes over 10 years in senior roles with Normandy Mining and Newmont Mining Corporation in the areas of financing, treasury, mergers and acquisitions.

Mr. Morcombe is the founder of Springtide Capital Pty. Ltd., a private investment company specializing in micro-cap listed companies, venture capital and resource-oriented companies. He was Chairman and a major shareholder of European Gold Refineries SA, Europe’s largest gold refinery, and Director of AGR Matthey, one of the world’s largest gold refineries. He retired from this position in 2008 and these businesses are now owned by Newmont Mining Corporation. Mr. Morcombe is a major shareholder of several public companies.