Board of Directors

Anthony Balme

Executive Chairman

Anthony Balme is Chairman of Carter Capital Ltd and AMC Ltd, both private UK investment companies, and Forum Uranium Corp, a TSX quoted exploration company. He has extensive European and North American finance experience linked to the resource sector

Vassilios Carellas

Chief Executive Officer

Vassilios Carellas is a geologist by profession with extensive experience gained in the mining and exploration industry in Central Asia. Prior to joining Ortac Resources plc, Vassilios held the post of Managing Director of Kryso Resources plc, an AIM listed company that he co-founded and listed in 2004. Before founding Kryso, Vassilios worked for two Canadian listed companies operating producing mines in various positions ranging from Mine Geologist through to Chief Geologist and General Manager.

Charles Wood

Executive Finance Director

Charles Wood holds a Bachelor of Commerce, a post graduate degree in Corporate Finance and has 10 years of experience working in corporate positions across a range of industries including agriculture, resources and banking. Charles has worked in numerous jurisdictions in Africa, South America and Australia and has extensive experience in independent experts’ reports, due diligence, capital raisings and mergers and acquisitions.

David Karl Paxton

Non-Executive Director

David is a professional engineer with over 35 years experience in the mining industry, starting with mine production at Goldfields of South Africa, and then 24 years as a mining analyst at their head office. As a mining analyst he has worked for a number of Canadian and UK stockbrokers, most recently Religare Hichens, Harrison Plc. David is the CEO of Vatakoula Gold Mines Plc. He is a director of India Minerals Plc, Adit Investments Ltd, Sahara Mines Ltd, Far North Platinum Ltd and Mining and Dining Club Ltd.

Dorian (Dusty) Nicol

Non-Executive Director

Dusty Nicol has over 30 years of international experience in mineral exploration and mining. Dusty’s past positions include Executive Vice President of Exploration at Yukon-Nevada Gold Corp; President and CEO of Queenstake Resources Ltd; Latin America Manager for Canyon Resources Corp; and he is a member of the American Institute of Professional Geologists and a Fellow of the Society of Economic Geologists.

Senior Management

Hugo Green

Chief Financial Officer

Hugo Green is based full-time in Slovakia and has extensive experience working in Central Europe, having spent more than 15 years living in the region working with major financial and accounting firms. Prior to joining Ortac, Hugo held various senior management positions at the Central Europe branch of Deloitte and led the Business Recovery Services division at PricewaterhouseCoopers in addition to acting as an independent financial specialist, providing privatisation, turnaround, financial restructuring services and transaction support to a wide range of publically and privately owned companies.

Owen Mihalop

Group Mining Engineer

Mr. Mihalop has over 15 years broad based experience in the mining industry both in Europe and internationally. He has developed particular expertise in the implementation and management of Feasibility Studies and his past positions also include geologist and engineer at Navan Resources Plc, engineer for Homestake Mining Corporation and Technical Director of Mining at Wardall Armstrong International.