Corporate
Overview
United Lithium Corporation (CSE: ULTH | OTCQX: ULTHF | FWB: 0UL) is an exploration & development company energized by the global demand for lithium. The company is actively working prospective locations in Sweden, the USA, and in Finland’s lithium sector where regional deposits and mining operations along with advanced infrastructure allows for rapid and cost-effective exploration, development & production opportunities.
Management Team
Scott Eldridge
President, CEO & Director
Mr. Eldridge brings 15 years of experience in the metals and mining industry focused on capital markets, having served in various buy-side, sell-side and issuer roles. Mr. Eldridge was a co-founder of Euroscandic International Group, an advisory firm where he raised upwards of $350M of combined equity and non-equity for project finance for mine builds. Mr. Eldridge also served as CFO of Amarillo Gold prior to its takeover by Hochschild Mining and more recently, CEO and director of Canagold Resources. Mr. Eldridge is currently also a director of Nevada Lithium Resources. Mr. Eldridge conducted his bachelor studies at Capilano University in Vancouver, Canada and Arcada University in Helsinki, Finland and received his M.B.A. at Central European University in Budapest, Hungary.
Chris Cairns
Chief Financial Officer
Mr. Cairns, a Chartered Professional Accountant (CPA, CA) in Canada, is an accounting and finance professional with over 12 years experience in the finance and mining industry. He brings significant experience in audit, financial reporting, governance, and capital markets and currently also serves as Chief Financial Officer of Apollo Silver Corp. He obtained his designation while working in the audit and assurance group at PricewaterhouseCoopers (PwC), working with numerous Canadian and US-listed mining and exploration companies operating in North America, South America and Mongolia, before leaving to serve in roles as Controller and CFO of two publicly listed exploration mining companies.
Andrew Bowering
Strategic Advisor
Andrew Bowering is a venture capitalist with over 30 years of operational experience and leadership in mineral exploration and development worldwide. Among his accomplishments, he is a founder, and current Chairman of American Lithium Corp, a NASDAQ traded company; and a founder of Millennial Lithium Corp, which was acquired by Lithium Americas Corp. in 2022 for CDN $491 million. Over the decades, Mr. Bowering has founded, funded, and managed numerous companies that have been active in the exploration and development of precious metals, base metals, and industrial metals, mostly in North American and Latin America. In total, he has to date raised hundreds of millions of dollars in equity financings. Mr. Bowering is also currently an Executive Advisor and director of Prime Mining Corp., the Chairman of Apollo Silver Corp, and a Special Advisor to American Copper Development Corp.
Victor Cantore
Strategic Advisor
Mr. Cantore is a seasoned capital markets professional specializing in the resource and hi tech sectors. He has more than 20 years of advisory and leadership experience having begun his career in 1992 as an investment advisor and then moving into management roles at both public and private companies. During his career he has organized and structured numerous equity and debt financings, mergers and acquisitions, joint venture partnerships and strategic alliances. Currently the President and CEO of Amex Exploration, Mr. Cantore additionally serves on the boards of various companies both private and public as well as founding Nemaska Lithium.
Board of Directors
Scott Eldridge
President, Chief Executive Officer & Director
Mr. Eldridge brings 15 years of experience in the metals and mining industry focused on capital markets, having served in various buy-side, sell-side and issuer roles. Mr. Eldridge was a co-founder of Euroscandic International Group, an advisory firm where he raised upwards of $350M of combined equity and non-equity for project finance for mine builds. Mr. Eldridge also served as CFO of Amarillo Gold prior to its takeover by Hochschild Mining and more recently, CEO and director of Canagold Resources. Mr. Eldridge is currently also a director of Nevada Lithium Resources. Mr. Eldridge conducted his bachelor studies at Capilano University in Vancouver, Canada and Arcada University in Helsinki, Finland and received his M.B.A. at Central European University in Budapest, Hungary.
Henrik Lundin
Director
Mr. Lundin has considerable global experience in the natural resource sector. He has a strong understanding of the technical and business side of natural resource companies. Mr. Lundin previously served as Chairman of Gold Line Resources, a Fennoscandia focused gold exploration company and Senior Reservoir Engineer at Aker BP ASA. Mr. Lundin also held the position of COO of TAG Oil Ltd and was responsible for the global operations of TAG Oil and led the farm-in/farm-out processes in Australia and New Zealand. Mr. Lundin is a Swedish citizen and has a B.Sc. Petroleum Engineering degree from the Colorado School of Mines in Golden, Colorado. He currently sits on the board of EMX Royalty.
Iain Scarr
Director
During his 29 year tenure with Rio Tinto, including his most recent position as Commercial Director and VP Exploration, Industrial Minerals Division, Mr. Scarr was responsible for multiple mineral discoveries in North and South America and Africa. Under that title he made his first foray into lithium, working on initial testing and commercialization activities for the Jadar lithium-borosilicate resource in Serbia. Following on from his work with Rio Tinto, Mr. Scarr founded IMEX Consultants, an industrial minerals consultancy that operates across the entire value chain, from mineral exploration, to mine and refinery development and commercialization specializing in lithium, boron minerals, potash and sodium alkali resources. Adapting quickly after his time with Rio Tinto, Iain held a senior role with Lithium One Inc., where he was responsible for bringing the Sal de Vida lithium brine project in Argentina through feasibility where he remained with Galaxy Resources. Thereafter, he held a senior role developing the Rincon project with Enirgi Group Corp. His third success in Argentina was the development of the Pastos Grandes project with Millennial Lithium Corp.
Bob Schafer
Director
Robert W. Schafer is a Registered Professional Geologist and Mineral Economist with +35 years international experience exploring for mineral deposits and structuring business transactions globally, having worked in more than 80 countries, notably Russia, Mexico, Australia, Afghanistan, China and most countries in Africa and South America. As a field geologist, manager and executive, Mr. Schafer led teams to the grassroots discovery of mines in the western USA and Russia, as well as developing strategies that lead to brownfields discoveries in Canada, South America and southern Africa. Robert was the President of SME, 2020. He is also Past-President of the Canadian Institute of Mining and Metallurgy and Petroleum (CIM), the PDAC, the Mining and Metallurgical Society of America, and the Geological Society of Nevada. Robert was a member of the Board of Governors for the US National Mining Hall of Fame and the Chairman and member of the Board of Directors of the Canadian Mining Hall of Fame. He is the first person to hold the highest leadership roles in the key mining organizations of the USA and Canada.
Michael Kobler
Director
Michael Kobler holds a BSc in Mining Engineering from Montana Technological University, which over the past 35 years has allowed him to serve in a variety of roles for early-stage companies including Chairman, Chief Executive Officer, President, Technical Advisor, Engineer and Project Manager; while specializing in identifying, acquiring, developing and producing natural resource opportunities throughout the world. Mr. Kobler was a co-founder and served as Executive Chairman, CEO and COO of American Lithium Corp until April 2021; while overseeing the key process development, plan of operations and transitioned the company to its long-term management team. Additionally, Mr. Kobler founded Osum Oil Sands Corp in Alberta in 2005, which during his tenure saw the company grow from a start-up to a valuation nearing $500 million, hired his successors ensuring smooth transition to the company’s next growth stage which saw its equity value approach $2 billion CAD and is now producing 18 thousand barrels of bitumen per day.
Corporate Directory
Cassels Brock & Blackwell LLP c/o Sam Cole
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HSBC Building, 2200-885 West Georgia St., Vancouver BC, V6C 3E8
DMCL Chartered Professional Accountants
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Odyssey Trust Company
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