Management + Advisory
AN EXPERIENCED TEAM WITH A PROVEN TRACK RECORD
Penny White, BA, LLB
Penny White is an accomplished business leader with over 20 years of experience in the capital markets. As the President and CEO of Lancaster Resources Inc., she brings a wealth of expertise and leadership to the company.
Penny has a diverse background, with experience in sectors such as mining, pharmaceuticals, and clean energy. She co-founded a pharmaceutical company that was later acquired for $342 million, and served as President of the best performing fintech stock on the Canadian Securities Exchange (CSE) in 2017. She has been recognized in PROFIT Magazine's W100 list of top entrepreneurs and has raised over $50 million for companies she has founded.
In addition to her Law Degree, Penny has completed the Oxford Leading Sustainable Corporations Programme and the Oxford Climate Emergency Programme from Saïd Business School, University of Oxford. She is deeply committed to fighting climate change and working towards a more sustainable future. She believes that by taking care of our planet, we can create a better world for ourselves and future generations.
Rodney Blakestad, J.D., C.P.G.
Rodney Blakestad is a highly experienced consulting geologist with a successful career spanning over 40 years. Throughout his career, Rodney has been involved in the discovery of numerous commercial-grade deposits, including the bulk-tonnage potential of the largest operating gold mine in Alaska (Fort Knox, now at 10M ounces), the first leached-cap porphyry systems discovered in Alaska (Taurus-Bluff and others), Cerro Caliche bulk-tonnage gold discovery near Cucurpe, Sonora, Mexico, the Anderson Mountain and Red Mountain VMS deposits in the Alaska range, USA, and numerous volcanogenic massive sulfide deposits (VMS) in the Delta District, Alaska, USA. He has also discovered several gold placers in Alaska, USA.
Rodney's expertise in minerals exploration was developed through his university education at the University of Alaska, where he studied advanced geochemistry, with special topical studies on gold geochemistry, the origin and transport of large gold particles, and leached outcrop interpretation. Additionally, he has traveled throughout western Canada, the US, and Mexico studying alteration facies and leached cap rocks of porphyry systems and some gold deposits to distinguish between barren deposits and mineralized systems.
In addition to his geological expertise, Rodney has a Juris Doctor from the University of Denver Law School, where he studied natural resources and environmental law. This background has led him to focus on brine lithium deposits that can be processed with minimal surface degradation, water consumption, and use alternatives to fossil fuels for the entire recovery process. Rodney is a Certified Professional Geologist with the American Institute of Professional Geologists and a registered Professional Geologist in the State of Alaska. He has also been a Board of Director and/or Vice President of Exploration for several publicly traded companies.
William Feyerabend, CPG
Mr. Feyerabend is experienced with the exploration and development of lithium projects across the American West, Mexico and South America. He has authored technical reports for claim blocks in Nevada's Lithium development epicentre, including the Clayton and Fish Lake Valleys. His expertise in lithium exploration began in 2015, with a specific focus on Esmeralda County, NV and especially Clayton Valley. Notably, Mr. Feyerabend sat the discovery well for Pure Energy.
He has extensive experience in generating lithium brine targets, and serving as a Qualified Person for lithium projects in Nevada, California, Utah, and Argentina. He has had roles with major companies such as US Borax and Gold Fields Mining and played a part in the discovery and development of four significant mineral projects.
His international exposure is equally extensive, having worked on projects in Argentina, Bolivia, Chile, China, Colombia, Ghana, Guyana, Mexico, Peru, Saudi Arabia, United States, and Venezuela. He has worked at every level, from property examination and regional planning to discovery and development, and continued exploration on producing properties. He has written more than 35 technical reports in 43-101 format for properties across six countries on four continents.
Gary Lohman, B.Sc., P. Geo
Gary Lohman is one of the founding members and currently serves as the Chief Operating Officer for both Royal Stewart Resources Corp and Thistle Resources Corp. He also holds the position of Vice President at Nine Mile Metals. With four decades of management experience, he brings a wealth of knowledge in precious and base metal exploration, both inside and outside the mining industry. A graduate of the esteemed Geology Programme at the University of Toronto in 1981, Mr. Lohman’s proficiency spans across various geological, geochemical, and geophysical exploration techniques. He has applied these skills in numerous geological contexts, including Volcanogenic Massive Sulphides (VMS), Porphyry Copper / Molybdenum, and Iron Oxide Copper Gold (IOCG) style deposits. His expansive experience extends to conducting evaluations and research on bonanza grade and bulk tonnage gold-silver properties located in Canada, Mexico, California, Ecuador, and Chile. He has also evaluated and researched a variety of industrial mineral projects, dealing with graphite, titanium, zeolites, and building stone. Furthermore, he serves as President of Atacama Copper Exploration Limited in Chile, a private Canadian exploration company that focuses on large scale IOCG-Cobalt exploration. In addition to his key roles, Mr. Lohman maintains several board positions. These include Atacama Copper Exploration Limited (Canada & Chile), Minotaur Atlantic Exploration Limited (NS, Canada), Royal Stewart Resources Corp. (NB, Canada), and Cogonov Inc. (NS, Canada). Operating from Bathurst, New Brunswick year-round, Gary is engaged in exploration activities and collaborates with various provincial government departments, including the Department of Mines and Forestry.
Patrick Cruickshank, MBA, CFA
Patrick Cruickshank brings over 20 years of experience from the Wealth Management Sector working for Merryll Lynch, Legg Mason, and Citigroup Capital Markets, where he focused on creating and protecting wealth while specializing in funding growth companies.
Mr. Cruickshank was an NFLPA Advisor from 2000 to 2012, until transitioning into the Private Equity Sector. Since 2012, Mr. Cruickshank has concentrated on acquiring, funding and growing companies in the Energy and Resource Sector. Mr. Cruickshank is the current Chief Executive Officer and Director of Nine Mile Metals Limited. (CSE:NINE). Mr Cruickshank also serves on a number of private resource companies and is a frequent speaker/interviewee on the resource sector investment space, in Australia, Chile, Canada & the USA.
Mr. Cruickshank is also a former Canadian Olympic/U23 soccer player, US NCAA Division 1 Collegiate player and coach. Patrick Cruickshank received his MBA from the Schulich School of Business at York University in 1989.
Heather Williamson
Heather Williamson is a seasoned finance and legal professional with over 20 years of experience in the industry. She has worked as a paralegal and in corporate finance for several public companies, including Boston Pizza International Inc. and Angiotech Pharmaceuticals Inc.
Ms. Williamson's expertise in finance and the legal industry is demonstrated by her successful completion of over $10 million in financing for a public company, including spearheading all aspects of an initial public offering and successful listing on the Canadian Securities Exchange (CSE). She is well-versed in finance closings, IPOs, and compliance with securities and stock exchange regulations.
In addition to her extensive experience, Heather is currently working towards her MBA at Royal Roads University. She currently serves as the Director and Vice President of Corporate Finance for Lancaster Lithium Inc., where she leads the company's corporate and securities compliance strategy.
Stephen (Andrew) Watson
Mr. Watson has 21 years of rich technical leadership, operations, corporate strategy, and commercialization experience in lithium, hydrogen, and conventional oil and gas production.
His experience includes working as COO of Prism Diversified, to lead the technical development on two substantial battery metal critical mineral opportunities and spearheading the Lithium brine development opportunities on over 850 square miles of highly prospective brine resource. Additionally, Mr. Watson is leading engineering and economic studies for a surface ore body with a focus on recovery technologies that minimize environmental impact.
He has acted as VP Engineering & Operations at CleanInnoGen Energy, where he led the development of the world's first-of-a-kind pilot project to capture industrial waste heat to produce on-site, low-cost, near-zero emission hydrogen and oxygen. Prior to this, he was the VP Engineering & Operations at Hyak Energy, where he managed the operations of a 60MMbbl medium crude oil field in SW Saskatchewan, using an Alkali-Surfactant-Polymer chemical enhanced oil recovery scheme, increased production by over 250%, and spearheaded corporate sale leading to a successful divestment in January 2020.
Yucai (Rick) Huang, BA, CGA, MGA
Rick Huang has been the CFO of Lancaster Resources for 2 years. He has over 15 years' experience as a director and officer in public companies. Between 2012 and 2014, he chaired the compensation and corporate governance committee for Great Northern Gold Exploration Corporation. For 11 years, from 2007 to 2018, he was the CFO of Hanwei Energy Services Corp. (TSX: HE), managing its finance, banking, and compliance departments. He has overseen accounting for subsidiaries in Canada, China, and Kazakhstan. His roles have encompassed investor relations, AGM preparations, and international joint venture negotiations. His experience also spans roles at companies like Pepsi Bottling Group (Canada) and Coca-Cola China. Mr. Huang has been involved with Datable Technology Corp. (TSXV: TTM) since May 2015 and previously with Poydras Gaming Finance Corp. (TSXV: PYD). He's been a designated CPA, CGA since 2005 and has an MBA from the University of Western Ontario, 2001.
Daniel Kang, BA
Mr. Kang has a decade-long established career in banking and compliance. His experience spans a period from July 2012 to December 2016 at Tricor Group, an industry-leading business expansion specialist firm. There, he became instrumental in guiding American and European companies through the intricate maze of corporate compliance and tax requirements embedded in the Japanese system, demonstrating his adeptness in managing complex financial environments.
At Tricor, his professional network and collaborations encompassed clients from an impressive range of industries, from technology to fashion. Among his most notable clientele were world-renowned organizations such as Uber, Mercedes Benz, BBC News, and lifestyle brand Tommy Bahama. This breadth of exposure not only enriched his experience but also equipped him with the unique ability to adapt and perform in multifaceted corporate environments.
Beyond his role at Tricor, Mr. Kang has been entrusted with significant responsibilities as a director and an audit committee member for several private and publicly listed companies.
Mr. Kang graduated from Haverford College with a Bachelor of Arts degree and he completed the General Course at the London School of Economics.