Board and Advisors
Mining has contributed $500 billion directly to Australia’s wealth over the past 20 years and is likely to increase in this decade. Australia’s major export markets are in Asia, especially to the People’s Republic of China, the Republic of Korea and Japan.
The board of MEC Resources has been selected to provide a balance of Australian and overseas Directors providing access to capital and relationships across key target markets.
Mr David Breeze (Managing Director)
Mr Breeze is a Corporate Finance Specialist with extensive experience in the stockbroking industry and capital markets. He has been a corporate consultant to Daiwa Securities and held executive and director positions in the stockbroking industry. Mr Breeze has a Bachelor of Economics and a Master of Business Administration and is a Fellow of the Institute of Company Directors of Australia.
He has published in the Journal of Securities Institute of Australia and has also acted as an Independent Expert under the Corporations Act. He has worked on the structuring, capital raising and public listing of over 70 companies involving in excess of $300m. These capital raisings covered a diverse range of areas including oil and gas, gold, food, manufacturing and technology. Mr Breeze was a founding Director of MEC Resources. He has just successfully raised $2.5m to enable Advents drilling of the Baleen well project in PEP11 for Advent Energy Ltd.
Mr Douglas Verley (Non-Executive Director)
Mr Verley has over 35 years’ experience in the banking, investment management, life insurance, mutual fund, accounting, property, mining services, construction, fabrication, engineering, printing, training and fire prevention industries, as well as 25 years’ experience in strategy development, planning and implementation.
Mr Verley was the Managing Director of the Retail Investments Division of Standard Bank, Africa’s largest retail bank. Following this appointment, he established his own investment funds management company in alliance with one of the world’s largest investment management groups, forming numerous strategic alliances with leading South African financial institutions.
Mr Verley also established a special-purpose property development company to capitalise and develop a 330-home property development, with an estimated end-to-end value of about AU$200 million.
Mr Verley has acted as the compliance officer to an ASX 200 investment company, been the executive chairperson of a prominent mid-tier accounting, tax and financial planning business, has sat, and still sits, as director, advisor and business coach (mentor) to various SMEs and Not-for-profit organisations, and with his current business partner, he has most recently established Here Business & Wealth.
Mr Verley has completed a Diploma in Business Management, a Bachelor of Commerce majored in Economics and Business Economics, an Honours Bachelor of Commerce – Investment Finance, a Higher Post-Graduate Diploma in Corporate Law, Graduate Diploma – Australian Institute of Company Directors (GAICD), and an Executive MBA through UWA, graduating with distinction and receiving the Dux award in Strategic Negotiation.
Mr Andrew Jones (Non-Executive Director)
Mr Jones has over 12 years’ experience in the financial markets specialising in capital raising solutions as well as developing customised corporate strategies for clients. Andrew holds a Bachelor of Commerce degree from Curtin University and also a Diploma in Financial Services from Finsia.
Andrew has worked with stockbroking and capital firms in Perth and primarily deals with ASX resources companies. Over the years Andrew has worked with many ASX companies and provided corporate advice which has resulted in many successful capital raisings.
He is focused on providing access to a wide range of capital markets including equity and debt but also the framework to structure the next phase of the company’s growth.
Andrew has also worked with private developing businesses to structure their affairs for an ASX presence whether that is through a reverse takeover or new IPO listing.
Andrew’s philosophy is that capital and financial markets need to be engaged all the time and not just when they need to raise funds or finance projects. It is the constant involvement and interaction within all aspects of the market that allows investors the comfort to support a company when they do need to raise capital.
Mr Anthony (Tony) Huston (Non-Executive Director)
Mr Huston has been involved for over 40 years in engineering and hydrocarbon industries for both on and offshore exploration/development. His early career experience commenced with Fitzroy Engineering Ltd, primarily working on the development of onshore oil fields. During the 1990s Mr Huston managed JFP NZ International, a Texas-based exploration company that included a Jack Up rig operating in NZ waters.
In 1994, Mr Huston oversaw the environmental consent process required to drill a near inshore well that was drilled from “land” into the offshore basin during 1995.
In 1996, Mr Huston formed his own E&P Company to focus on re-entry of onshore wells, primarily targeting shallow pay that had been passed or ignored from previous operations. This was successful and the two plays opened 20 years ago are still in operation. Recent focus (12 years) has been to utilise new technology for enhanced resource recovery and has been demonstrated in various fields, including the US, Mexico, Oman, Italy and Turkmenistan.
Mr Geoffrey (Geoff) Murray (Non-Executive Director)
Mr Murray trained in mechanical and plastics engineering and technology management and is a product development specialist. He also has expertise in extended reach drilling technology and oil, gas and geothermal well optimization. He has been the founder or co-founder of eight tech start-ups.
Mr Murray was the Engineering Manager of Fitzroy Engineering Ltd, Technical Manager of Austoil Group, Global Product-line Manager (extended reach technologies) at Weatherford International and Business Development Manager (NZ and PNG) for Weatherford International. Mr Murray was engaged in assessing oil and gas properties and making recommendations as the investment Vice President of Stealth Oil & Gas, Houston a wholly-owned subsidiary of Weatherford International.
Mr Robert Marusco (Company Secretary)
Mr Marusco has developed experience and competence in equity capital markets, debt advisory and operational knowledge in relation to capital raising support and facilitation, corporate management including company secretarial, governance and compliance dealing with the ASX, ASIC and other authorities for both ASX listed public and private corporations.