Teras Management Team
Peter Leger, President/Director
Peter Leger brings to Teras over 25 years of building successful businesses and the experience he has gained through the use of creative strategies and sound practices. He demonstrates leadership through patience matched with an abundant level of enthusiasm and energy. Throughout his career he has been called upon to raise millions of dollars of equity and debt, and has built companies to the position to take them public. Peter is Vice President and a Director of Radar Acquisitions Corp., a publicly traded company. Peter is also a founder and director of TIEX a publicly traded company as well a founder of Vindt Resources Inc. which amalgamated with Shear Wind Inc. a publicly traded company. All of the public companies above are listed on the TSX-Venture exchange.
Kuldip C. Baid, C.A., Chief Financial Officer
Mr. Baid C.A., brings with him over 30 years experience in all aspects of accounting. Mr. Baid graduated from the University of Alberta in 1976 with a B. Comm (with distinction, Dean's list). Kuldip is a C.A. and has been a member of the Canadian Institute of Chartered Accountants since 1979
During Mr. Baid's Professional experience he has:
- Prepared complex consolidated financial statements including quarterly and annual reports for up to 30 subsidiaries.
- Managed the preparation of corporate financial statements by supervising accounting staff and reviewing and approving financial statements prior to issuance.
- Undertook a variety of special assignments including winding-up of subsidiary companies and a detailed study of the feasibility of implementing a current cost accounting system for financial reporting purposes.
- Supervised professional accountants and support staff, planning work assignments, training as required and evaluating performance.
- Preparation and filing of 10Q's and 10K's with the Securities and Exchange Commissions and Annual and Quarterly filings in Canada.
- Managed auditing engagements including scheduling and supervision of staff.
- Prepared and filed income and capital tax returns.
- Prepared and consolidated budgets and forecasts.
- Developed, implemented and maintained accounting policies and procedures by reviewing existing guidelines and new CICA pronouncements.
- Dealing with U.S. and Canadian Securities Commissions and Stock Exchanges re corporate and shareholder matters and ensuring compliance with regulations.
- Managing the treasury function. Proficient in Quick Books and tax programs.
Mr. Baid has held many long term positions with company such as KIK Polymers Inc., Vice President, Finance and Administration; Turbo Resources Limited, Manager, Taxation and Government Reporting, Manager, Financial Reporting, Controller, Real Estate Division; Carma Developers Ltd. Manager of Accounting; Oxford Development Group Ltd, Financial Analyst and Deloitte & Touche, Senior Accountant
Dr. Dennis LaPoint, Director
Dr. LaPoint has over 30 years experience in mining exploration. Dr. LaPoint has worked for a variety of companies including Texasgulf, Cominco and Cambior Inc. (IAMgold). Dr. LaPoint is President and owner of Appalachian Resources, LLC where he provides project management and geologic services to the mineral industry and investors. Dr. LaPoint graduated from the University of Iowa in 1968 with a degree in geology. Dr. LaPoint continued his education earning a Masters of Science Degree from the University of Montana in 1971 and a PhD in geology in 1979 from the University of Colorado. Dr. LaPoint is a member of a number of professional organizations and is a registered Geologist in North Carolina, South Carolina and Tennessee. He was appointed by the Governor of North Carolina to the Licensing Board for Geologists. He is Past President of the Carolina Geological Society and has been active in the Society of Exploration Geologists and Society of Mining Engineers. He is an Adjunct Professor at the University of North Carolina and previously at Elon University.
John Batiuk, B.Sc, Director
Mr. Batiuk brings with him more than 30 years of business experience in the field of Project Manager and Senior Analyst. Mr. Batiuk is a successful professional with many years experience of the complete life-cycle of project management, process design, business planning, problem solving, selling and marketing, and has a proven track record demonstrating his ability to create and deliver real value for organizations. With extensive experience across a wide variety of industries, Mr. Batiuk has a solid understanding of cross-functional business needs with the skills to manage and lead diverse teams.
Mr. Batiuk graduated in 1978 from the University of Toronto and holds a B.Sc., with specialties in Geology and Chemistry. He has also completed an Executive Program in Marketing Management from the University of Western Ontario in 1988. Mr. Batiuk started out working in the geology department of an open-pit mine that produced zinc, copper, lead, silver and gold. He has conducted drill site sampling, assay logging, diamond drill core handling, 3-D modeling, and a variety of field work assignments, As well, Mr. Batiuk has conducted field mapping and surveys of selected areas in North Western Ontario.
Since 1977 until present Mr. Batiuk has held extensive positions and long term contracts with companies such as Precision Drilling Ltd., Ensign Energy Services Inc., Apple Computer - Canada, Telus Mobility Inc., Campbell Soup Company Ltd., FTP Software of Canada, SAP and i2 Technologies, Inc. In addition to his project management expertise, Mr. Batiuk has also been called upon for his experience as a marketing, business planning, and customer support analyst.
Jim Hutch, P. Eng,, FEC, Director
Mr. Hutch was born in Saskatchewan and is a graduate from the University of Saskatchewan with a Bachelor of Science in Civil Engineering. He presently maintains his designation as a registered professional engineer. Prior to joining Teras' board, Mr. Hutch served on the Board of Directors of Goldcorp Inc. from 1998 to 2004. In this capacity, he was Lead Director, Chaired the Independent Directors Committee, Chaired the Health, Safety, and Environment Committee, and participated in the Special Committees that successfully fought off a hostile takeover bid by Glamis Gold and successfully completed the acquisition of Wheaton River Minerals. After retiring from his 12 year career as leader at the Saskatchewan Research Council. Mr. Hutch has been, and continues to be, involved in the development of, and investment in, enterprises involving entrepreneurs, innovation and technology commercialization. He serves in leading positions in professional engineering organizations, advisory boards, and boards of directors. He is active in national, provincial and local affairs.
Dale Vitone, P. Eng, Director
Mr. Vitone has extensive mining and process engineering, operation, construction, and project management experience throughout Canada, including northern sites. His offshore project assignments in South America and China provide an international knowledge base. His career has been rounded with consulting and corporate responsibilities for various major international EPCM corporations. Mr. Vitone graduated from both Michigan Technological University and the Haileybury School of Mines.
Thomas K. Mancuso, M.Sc, Geology - Vice President of Project Development
Mr. Thomas K. Mancuso is a well-respected development geologist and has more than 30 years of experience in exploration, operations and management of various mining companies. Mr. Mancuso presently holds the position of Vice President of Operations for Consolidated Goldfields Corporation, in Reno, Nevada. Mr. Mancuso has held the positions of President and CEO of Western Goldfields, Inc., Senior Geologist for Freeport McMoRan Gold Company and Chief Geologist for Kennecott Corporation where he specialized in advancing projects from exploration to production, including the mine planning, start-up and supervision of the Rawhide Mine in Fallon, Nevada and Flambeau Mine in Ladysmith, Wisconsin. Mr. Mancuso was involved in the start-up and development of more than four mining operations. He received his Master of Science in Geology from the Idaho School of Mines at the University of Idaho.
Mr. Mancuso's most recent success was the purchase of the operating Mesquite Mine, which is located in Imperial County, California, from Newmont Mining Corporation in 2003. The Mesquite mine was purchased by Western Goldfields, Inc., a U.S. public company founded by Mr. Mancuso in 2002. Western Goldfields further developed the Mesquite mine, which was placed into full production in 2008. Western Goldfields was then purchased by New Gold Inc. in June 2009. The Mesquite mine is in full production today and expected to produce approximately 150,000 ounces of gold in 2012.
Wayne D. Pineau - Corporate Secretary
Mr. Pineau started his career in the information technology industry and earned Microsoft, Novell and numerous other manufacturer certifications. After twenty years in various information technology supervisory and management roles, Mr. Pineau moved onto project management and successfully completed over fifty information technology security projects over a seven year span. Mr. Pineau obtained his Professional Project Management (PMP) certification and has spent the last two years successfully leading a $57 million, six year, infrastructure project for a major transportation company. The Company is very pleased to have Mr. Pineau join its team.
| Last Trade | 0.52 (+0.00) |
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| 2:29pm, 5/23/2013 | |
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