People: Loncor Resources Inc (LON)

LON on American Stock Exchange

0.10USD
17 Apr 2014
Price Change (% chg)

$-0.01 (-4.85%)
Prev Close
$0.11
Open
$0.10
Day's High
$0.11
Day's Low
$0.10
Volume
19,502
Avg. Vol
35,439
52-wk High
$0.44
52-wk Low
$0.08

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Summary

Name Age Since Current Position

Kevin Baker

64 2009 Chairman of the Board

Peter Cowley

65 2009 President, Chief Executive Officer, Director

Donat Madilo

2008 Chief Financial Officer

Arnold Kondrat

2009 Executive Vice President, Director

Geoffrey Farr

46 2011 General Counsel, Secretary

Howard Fall

2010 Exploration Manager

Richard Lachcik

2008 Director

Maurice Colson

69 2011 Independent Director

William Wilson

56 1997 Independent Director

Naomi Nemeth

IR Officer

Biographies

Name Description

Kevin Baker

Mr. Kevin R. Baker is Chairman of the Board of Loncor Resources Inc. Mr. Baker is President and Managing Director of Baycor Capital Inc., a private merchant bank based in Calgary, Alberta. Mr. Baker has over 37 years’ experience in the corporate securities industry and was a founder and director of a number of oil and gas, oilfield service, technology and real estate companies. Baycor Capital Inc. has or has had a number of investments in Canada and the United States in the oil and gas, oilfield service, technology and real estate businesses. Mr. Baker is or has been a Director of a number of private and public companies in Canada and the United States. He holds a B.Arts Economics and a Bachelor of Laws from the University of Alberta. Mr. Baker is a member of the Law Society of Alberta, past President of the Calgary Bar Association and was appointed Queen's Counsel in 1993. He was Chief Executive Officer and President of the Company from September 2000 to November 2009.

Peter Cowley

Mr. Peter N. Cowley is President, Chief Executive Officer, Director of Loncor Resources Inc. Mr. Cowley is a geologist with 40 years international experience in the minerals industry, mainly in Africa. From June 2004 until September 2007, Mr. Cowley was Chief Executive Officer of Banro Corporation ("Banro") and from June 2004 until March 2008 he was President of Banro, where he led the exploration program over Banro’s gold properties in the eastern DRC. He has a B.Sc. (Honours) degree in Geology from Bedford College (University of London), a M.Sc. in Mineral Exploration from the Royal School of Mines and a M.B.A. from the Strathclyde Business School. Mr Cowley is also a Fellow of the Institute of Materials, Minerals and Mining. From 1989 to 1996, Mr Cowley was Technical Director of Cluff Resources and during this period was directly responsible for the discovery and development of the Ayanfuri mine in Ghana and the Geita mine in Tanzania. In 1996, with the acquisition of Cluff Resources PLC by Ashanti Goldfields Company Limited, Mr. Cowley was appointed Managing Director of Ashanti Exploration, where he managed the exploration activities of Ashanti Goldfields Company Limited throughout Africa. He was Managing Director of Ashanti Exploration until the end of May 2004 when he joined Banro. Peter is currently a director of Cluff Gold plc and Banro.

Donat Madilo

Mr. Donat K. Madilo serves as Chief Financial Officer of Loncor Resources Inc. Mr. Madilo has over 22 years of experience in accounting, administration and finance in the DRC and North America. He is Chief Financial Officer of each of Banro and Gentor Resources Inc. and Treasurer of Delrand Resources Limited. Mr. Madilo’s previous experience includes director of finance of Coocec-ceaz (a credit union chain in the DRC) and senior advisor at Conseil Permanent de la Comptabilité au Congo, the accounting regulation board in the DRC. He holds a Bachelor of Commerce (Honours) degree from Institut Supérieur de Commerce de Kinshasa, a B.Sc. (Licence) in Applied Economics from University of Kinshasa and a Masters of Science in Accounting (Honours) from Roosevelt University in Chicago.

Arnold Kondrat

Mr. Arnold T. Kondrat is Executive Vice President, Director of Loncor Resources Inc. Mr. Kondrat is the Company's principal founder and has over 25 years of management experience in the resource exploration industry. During this time he has been an officer and director of a number of publicly-traded resource exploration companies, in both Canada and the United States. Mr. Kondrat is the principal founder, and Executive Vice President and a director, of Banro (a gold mining company listed on the Toronto Stock Exchange and the NYSE Amex LLC with projects in the eastern DRC). He is also the principal founder, and Executive Vice President and a director, of Gentor Resources Inc. (a mineral exploration company listed on the TSX Venture Exchange), a consultant to and director of Delrand Resources Limited (a mineral exploration company listed on the Toronto Stock Exchange and the JSE) and President of Sterling Portfolio Securities Inc. (a private venture capital firm based in Toronto).

Geoffrey Farr

Mr. Geoffrey G. Farr is General Counsel,Corporate Secretary of Loncor Resources Inc. From February 2011 to present, Mr. Farr has been Vice President, General Counsel of Banro, and in-house legal counsel to each of Loncor, Gentor Resources Inc. and Delrand Resources Limited. He is also currently Corporate Secretary of each of Banro and Gentor Resources Inc., and Corporate Secretary and a director of Delrand Resources Limited. Prior to February 2011, Mr. Farr practised corporate and securities law in Toronto for 17 years, which included experience in representing public companies. He holds a LL.B. from the University of Ottawa and a B.Comm. from Queen’s University.

Howard Fall

Richard Lachcik

Mr. Richard J. Lachcik is Director of Loncor Resources Inc. Mr. Lachcik is a partner of the law firm Norton Rose Canada LLP, which acts as counsel to the Company. He has been practising corporate and securities law in Toronto, Canada for over 28 years. Mr. Lachcik has experience in representing public companies and also acts for a number of investment dealers. He has been an officer and director of a number of Canadian public companies.

Maurice Colson

Mr. Maurice J. Colson is Independent Director of Loncor Resources Inc., since March 31, 2011. Mr. Colson has worked in the investment industry for more than 35 years and was for many years managing director for a Canadian investment dealer in the United Kingdom. He is actively involved in providing strategic counsel and assistance with financing to emerging private and public companies in Canada and to Canadian companies operating in China, Africa and South America. He sits on the board of directors of several Toronto Stock Exchange and TSX Venture Exchange listed companies and is the former President and Chief Executive Officer of Lithium One Resources. Mr. Colson holds a Masters of Business Administration degree.

William Wilson

Mr. William R. Wilson is Independent Director of Loncor Resources Inc. Mr. Wilson is Director, Executive Vice President and Chief Financial Officer of ARNEVUT Resources, Inc., a private precious metals exploration company based in Colorado with properties in Nevada and Utah. He has created and managed 11 mining companies over 25 years with properties in the U.S., Canada, Russia, the DRC and Ukraine. Mr. Wilson is a member of the Mining and Metallurgical Society of America, the Canadian Institute of Mining and the Society of Mining, Metallurgy and Exploration. He has a degree in Metallurgical Engineering from the Colorado School of Mines and an MBA from the University of Southern California. Mr. Wilson has been involved in the mining industry for 35 years.

Naomi Nemeth

Basic Compensation

Name Fiscal Year Total

Kevin Baker

342,594

Peter Cowley

469,925

Donat Madilo

140,045

Arnold Kondrat

222,178

Geoffrey Farr

139,933

Howard Fall

304,675

Richard Lachcik

--

Maurice Colson

--

William Wilson

--

Naomi Nemeth

--
As Of 30 Dec 2012

Options Compensation

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