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Toronto, Ontario--(Newsfile Corp. - March 26, 2025) - Mason Resources Inc. (TSXV: LLG) (OTCQB: MGPHF) ("Mason") is pleased to announce the appointment of Mr. Gregory Duras, B.Admin., CPA, as Chief Financial Officer ("CFO"), effective March 26, 2025.
Mr. Duras is a seasoned financial executive with over 30 years of leadership experience in senior financial management roles. He has led numerous large-scale corporate transactions and financings and served as CFO for several TSX and TSX-V listed companies. Throughout his career, Mr. Duras has played a key role in corporate strategy, mergers and acquisitions, debt and capital markets, operations, financial reporting, and human resources. He also brings a strong track record of successfully negotiating and closing a wide range of debt and equity financings, while building lasting relationships with international financial institutions.
Mr. Fahad Al-Tamimi, Chairman of Mason, commented: "Gregory brings over 30 years of experience to the Company with particular expertise corporately and in strategic planning and asset evaluation. As Mason continues to focus on making new investments and realising gains on existing investments, we are now setting our sights on new opportunities where we can apply our business strategy. Gregory's unique perspectives and skills will be instrumental to the success of this initiative."
Mr. Gregory Duras commented: "I am very pleased to join the Mason team as CFO and I look forward to contributing to its investment strategy, which provides significant opportunities for both organic and non-organic growth. It is an exciting time at Mason and I am looking forward to playing a role in the creation of further value for stakeholders."
Mr. Duras' appointment to CFO follows the resignation of Mr. Carmelo Marelli. Mason wishes to thank Mr. Marelli for his contribution and wish him well in future endeavours.
About Mason Resources Inc.
Mason Resources Inc. is a Canadian corporation focused on seeking investment opportunities. Mason has a number of strategic investments which include the largest shareholder of Black Swan Graphene Inc. (TSXV: SWAN), a company which is focusing on the large-scale production of patented high-performance and low-cost graphene products aimed at several industrial sectors, including concrete and polymers, which are expected to require large volumes of graphene and, in turn, large volumes of graphite. Mason is also a large shareholder of Nouveau Monde Graphite Inc. (TSXV: NOU) (NYSE: NMG), an integrated company developing responsible mining and advanced manufacturing operations to supply the global economy with carbon-neutral active anode material to power EV (electric vehicle) and renewable energy storage systems. The company is developing a fully integrated ore-to-battery-material source of graphite-based active anode material in Quebec, Canada. With enviable ESG standards and structuring partnerships with anchor customers, Nouveau Monde Graphite is set to become a strategic supplier to the world's leading lithium-ion battery and EV manufacturers, providing high-performing and reliable advanced materials while promoting sustainability and supply chain traceability. Mason is one of the largest shareholder of NorthX Nickel Corp. (CSE: NIX), a Canadian Ni-Cu-Co-PGE focused exploration and development company with an extensive portfolio of assets in Quebec and Ontario, Canada. The company's flagship asset is the Grasset Project, located within the Abitibi Greenstone Belt, with an indicated mineral resource of 5.5 Mt @ 1.53% NiEq. Mason also holds a number of other strategic investments.