Millennial Potash Corp. (TSXV: MLP) has named Paul Matysek as a Senior Strategic Advisor. Mr Matysek has over 40 years of experience in mining and project development and his role will include involvement in all aspects of the Banio Potash Project including technical, financial, and marketing activities.
“Millennial is pleased to have Paul join our efforts at the Banio Potash Project in Gabon,” Farhad Abasov, Millennial’s Chair, said.
“Paul has extensive experience in all aspects of the potash space from exploration through development and financing as witnessed by the rapid progress of Potash One and its Legacy Project, now the Bethune Mine for the K+S Group, producing over 2.0Mt of potash per year.
“I had the pleasure of working with him on two successful projects: Energy Metals Corp and Potash One Inc. Paul has a long history of generating tremendous shareholder value for numerous companies, and I am certain with Paul’s help we will be able to turn Millennial Potash into another success story.”
Mr Matysek is a geologist/geochemist with over 40 years of experience in the mining industry. Since 2004 as either CEO or Executive Chairman, Mr. Matysek has sold 6 publicly listed exploration and development companies, in aggregate worth over $2Bn.
He has extensive experience in the potash sector where, as CEO of Potash One, he led the development of its flagship Legacy Potash Project in Saskatchewan. Potash One was acquired by K+S Ag for $434M in 2011 and this solution mining operation, similar to that envisioned for Banio, now named the Bethune Mine, produces approx. 2.0Mt of Muriate of Potash (MOP) annually.
Most recently Mr. Matysek has been active in the lithium space as Executive Chairman of Lithium X Energy Corp., which was sold to Nextview New Energy Lion Hong Kong Limited for $265 million. In addition, Mr. Matysek was previously CEO of Lithium One, which merged with Galaxy Resources of Australia to create a multi-billion-dollar integrated lithium company.
Other significant ventures led by Mr. Matysek include the 2021 sale of Gold X Mining to Gran Columbia Gold Corp for $315M, and the sale of Goldrock Mines Corp.to Fortuna Silver Mines in 2016. Mr. Matysek was also the co-founder and CEO of Energy Metals Corp., a uranium company that grew from a market capitalization of $10M in 2004 to approximately $1.8Bn when sold in 2007. Mr. Matysek has an M.Sc., Geology, from the University of British Columbia.
For further information please visit: https://millennialpotash.com
