Prophecy Platinum Corp. (TSXV:NKL,OTCQX:PNIKF,FWB:P94P) has appointed Mr. Harald Batista and Mr. Myron Manternach to its Board of Directors.
As quoted in the press release:
Mr. Batista is an accomplished entrepreneur with over 2 decades of sales and marketing experience. He holds an MBA degree from Santa Clara University in California and is a member of the prominent Batista family in Brazil that includes Eliezer Batista, the founder of Vale do Rio Doce Company (now Vale) and Eike Batista, the founder of EBX Group. EBX Group focuses on investment opportunities in infrastructure and natural resources, sectors in which Brazil presents important competitive differentials. These investments are focused on MMX (iron-ore mining), MPX (energy), LLX (logistics), OGX (oil and gas), AUX (gold mining), CCX (coal mining) and OSX (oil services). MMX, OGX, MPX, CCX and LLX are listed on Brazil’s Novo Mercado – at the Sao Paulo Stock Exchange (BOVESPA). The combined market capitalization of EBX Group companies exceeds US $20 billion.
Mr. Manternach is currently a Managing Director of Composite Capital, LLC, an investment advisory firm based in Greenwich, Connecticut. Prior to joining Composite Capital, Mr. Manternach was Managing Director of Octavian Advisors, a global investment fund based in New York where he managed public and private debt and equity investments involving companies in the natural resource industries and emerging markets. From 1994 to 2001, Mr. Manternach was a vice president of investment banking at JPMorgan, where he advised on mergers and acquisitions, and raised capital for financial sponsors and corporate clients in a wide variety of industries, including metals & mining, paper & packaging, telecom, media, and technology. Mr. Manternach holds an MBA from the Wharton School of the University of Pennsylvania and a BS in Electrical Engineering with Distinction from Iowa State University.
Prophecy Chairman John Lee said:
“Harald brings top-tier international networking and Myron brings expert M&A and financial guidance to Prophecy. As the Company moves towards feasibility and permitting, Harald and Myron will provide invaluable input towards strategic alliances and project financing to maximize shareholder value.”