Northwire Canada EditionWednesday, August 5, 2026
Northwire
LTH 0.470 −7.8% APN 0.020 +0.0% ARTG 35.10 +4.3% STND 0.075 −11.8% AAZ 0.040 +14.3% LIFT 3.33 +0.6% LIB 0.810 +1.2% PEMC 0.050 +11.1% ELE 23.49 +7.5% AMCO 0.210 +2.4% TGOL 0.115 +9.5% SSRM 37.45 +4.5% SALT 1.51 +9.4% MON 0.650 +12.1% AZS 0.610 +28.4% NIO 0.140 +7.7% LTH 0.470 −7.8% APN 0.020 +0.0% ARTG 35.10 +4.3% STND 0.075 −11.8% AAZ 0.040 +14.3% LIFT 3.33 +0.6% LIB 0.810 +1.2% PEMC 0.050 +11.1% ELE 23.49 +7.5% AMCO 0.210 +2.4% TGOL 0.115 +9.5% SSRM 37.45 +4.5% SALT 1.51 +9.4% MON 0.650 +12.1% AZS 0.610 +28.4% NIO 0.140 +7.7%
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.)

Read the original news release →

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