Management
Intrepid Metals appoints Morabito as CEO

INTR · Price
Executive Summary
- Intrepid Metals Corp. appoints Mark Morabito as its new President and Chief Executive Officer, succeeding Ken Engquist.
- Morabito brings over 20 years of capital‑raising and corporate development experience, including leading a $400 million off‑take agreement with Hebei Steel.
- Former CEO Ken Engquist will remain on Intrepid’s advisory board.
Key Details
- New CEO: Mark Morabito – also assumes the role of Chairman.
- Previous CEO: Ken Engquist – steps down for personal reasons and joins the company’s advisory board.
- Experience Highlights:
- Founder of merchant bank King & Bay West; expertise in financing, development, and management of resource projects.
- Raised > $1 billion in financing across multiple transactions.
- Led negotiation of a $400‑million off‑take agreement with China’s largest steel producer (Hebei).
- Education: BA, Simon Fraser University; JD, University of Western Ontario.
- Company Focus: Exploration for high‑grade copper, silver, and zinc projects in southeastern Arizona (Corral, Tombstone South, Mesa Well).
Notable Quotes
(No direct quotes provided in the release.)
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Jul 28, 2026 · 07:01