Mayfair Mining & Minerals, Inc. (the "Company"), a Nevada corporation, was listed on the Over-the-Counter Bulletin Board in the United States from August 2004 to November 2006, when the Company was relegated to the Pink Sheets. For information concerning our listing history, please see our News Release dated January 25, 2007. The Company has also, since December 2005, been listed on the Frankfurt Stock Exchange in Germany, under the symbol "M1M".
Shortly after inception, the Company entered into a joint venture partnership with a Zambian family and formed a private Zambian operating company to develop two mining projects. We have also been successful in obtaining limited equity financing for our operations in Zambia. The Company, together with local partners, has established good relationships with the Ministry of Mining in Zambia and the local community in the areas of our mining activities. The Company enjoys a balanced management team with many years of experience in geology and public company financing. We are an emerging mineral exploration and development company in an early growth stage, seeking to provide an opportunity for investors to participate in diversified projects and planned future growth in the mining industry in Africa.
The Company has attempted to create an attractive capital structure. Management has a strong commitment to work very diligently in an effort to create shareholder value through the planned acquisition and development of new gold and other precious metal, mineral and gemstone deposits. We are completely focused on Africa, a continent with, we believe, huge upside exploration potential in many countries on the continent, and these countries currently have what we view as increasingly friendly mining laws and regulations. We have a commitment and plan to limit exposure to any single metal price or country risk by seeking development of a broad portfolio of mining prospects in many countries, all within the Southern African Development Community (SADC). The management and members of the Board of Directors of the Company currently enjoy strong relationships with many mining industry executives and Government agencies across the SADC, providing many opportunities to review, joint venture, partner or acquire potential mining projects.
All of the Company's proposed operations, discussed throughout this website, are subject to available financing. The Company currently has no confirmed sources of financing and will continue to seek financing for its proposed operations, but there can be no assurance it will be successful in this regard.
For complete disclosure information concerning the Company, including its financial condition, please see our filings with the U.S. Securities and Exchange Commission, at
www.sec.gov.
Highlights:
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Balanced management and geological team with many years of experience in geology, public company financing and management in Africa;
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Emerging mineral exploration and development company in early growth stage, providing an opportunity for investors to participate in our planned diversified projects and intended future growth;
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Attractive capital structure;
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Management commitment and efforts to create shareholder value through the proposed acquisition and development of new gold and other precious metals deposits;
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Focused on Africa, a continent with huge upside exploration potential and, in many countries, increasingly friendly mining regulations;
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Company commitment to efforts to limit exposure to single metal price or country risk by seeking development of broad portfolio of mining prospects in many countries;
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Management enjoys strong relationships with many mining industry executives, providing opportunities to joint venture, partner or acquire potential mining projects.
DIRECTORS AND MANAGEMENT
Mr. Alexander Holtermann
, Chief Executive Officer and Director
Mr. Holtermann, who is based in Frankfurt has worked within the financial markets in Germany and across Europe for the past twelve years, involved in the Investor and Public Relations industry. His career in this industry commenced in Public Relations for the Frankfurt Stock Exchange. More recently, he was the founder, proprietor and Chief Executive Officer of Holtermann & Team GmbH, a private Investor Relations company focused on the introduction of junior and senior North American and International public companies to the German-speaking media and financial institutions. During this time, he was instrumental in organizing a number of financial related events in Germany, including Initial Public Offerings of companies listing on the German Stock Exchanges and Investor Relations programs, where public companies made presentations to institutional investors. He recently sold this company to concentrate on his personal investments. Since 1999, he has also served as the Honorary Consul of Belize.
Mr. Clive de
Larrabeiti, President and Director
Mr. de Larrabeiti has over 25 years of experience in the financial industry and public equity markets, both in Europe and North America. He began his career in the financial industry as a stockbroker in Canada for Wolverton Securities and C.M. Oliver & Company and subsequently in London, where he established the UK branch office of Pacific International Securities (UK) Ltd., as Managing Director. More recently, he has served as a senior officer and director of a number of public companies and, as a consultant, advised other North American companies in the areas of financial, corporate and project management.
As the principal founding member of Mayfair Mining & Minerals, Inc., Mr. de Larrabeiti is currently bringing together a strong Board of Directors, Advisory Board and management team in an effort to build a successful mining company. During his career, Mr. de Larrabeiti has forged strong and lasting relationships throughout the international financial and mining communities and these relationships should assist the company as it grows and evolves.
Mr Peter Mills, Chief Financial Officer and Director
Mr. Mills became an Associate of The Institute of Chartered Accountants in England and Wales in 1973 and became a Fellow of The Institute in 1979. He has practiced as an accountant for the past 32 years, lately as Head of Accounting for Mayfair Mining & Minerals, Inc., and previously as a partner in his own Chartered Accounting and Registered Auditing firm.
Paul Chung,
MBA
Independent Director
Paul Chung received a Bachelor of Science (Geology) degree from the University of British Columbia in 1981. Mr. Chung also qualified as an MBA at Athabasca University, Alberta, Canada in 2001. During his career, Mr. Chung has served and advised as a private and public company director and Chief Financial Officer to a number of junior mining companies in North America.
Julie Nyendwa,
Managing Director, Zambia
Julie has over 20 years of experience in commercial business and the mining industry. In 1991, with members of her family, she founded a mining company based in Kafue, Zambia. Between 1991 and 1993, the company explored for amethyst and aquamarine in various parts of Zambia. A substantial amethyst deposit was discovered in the Kalomo area and mining commenced in 1994. Ms. Nyendwa is a leading figure amongst the women in mining in Zambia. She has a close association with European Commission programs, is the Chairperson of the Association of Zambian Women in Mining and is involved in a number of regional organizations in the Southern African Development Community.
Upendo Nyendwa, Mining Manager, Zambia
Upendo is responsible for the on-site supervision of the mining operations of Mayfair Zambia. He has concentrated much of his time on the Kalomo amethyst mining operation and has extensive knowledge of the mining industry and practices in Zambia.
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