Carmanah Minerals Corp. announced the appointment of Wall Street Veteran Michael Moen to the Company's board of Directors effective February 5, 2024. With over two decades of experience in financial markets and investment strategies, Moen brings a wealth of expertise to the Company's leadership team with a focus on natural resources.

Moen's distinguished career spans various roles in the finance industry, notably serving as a Managing Director, head of sales for one of the premier wall street brokerage firms specializing in natural resources. His strategic insights and deep understanding of global markets will be invaluable as Carmanah Minerals continues to advance its Uranium and Critical Element projects. He has advised Pension Funds, Sovereign Wealth Funds, and Financial Sponsors on strategic buyside and sell side opportunities.

His sector focus includes technology, critical infrastructure, traditional energy, commodities, and renewables. He has advised on various buyside M&A and minority control opportunities. His geographic focus is North America, China and Middle East.

Previously, he led teams in fintech, insurance, and national security restructuring, running operations, and capital raising. In 2008, Mike was a Canadian Foreign Service Officer running economic development attracting over $5 Billion of cross-border investment for projects in renewable energy, oil & gas, commodities, financial services, and technology. He advised the Canadian Government on critical infrastructure, capital markets and venture capital.

Previously, he held various positions at Goldman Sachs, CIBC World Markets, and Citigroup. Mike has a master's in economics from Columbia University, master's in international relations from NYU, MBA from IUM, and BA from the University of Minnesota. Mike lives in Greenwich, Connecticut with his wife and three children.

In addition to his role on Carmanah Minerals board, Moen has the following notable advisory affiliations, his appointment underscores Carmanah's commitment to assembling a diverse and accomplished board of directors to guide the Company through its next phase of growth.