President and CEO in Vancouver, Canada
Mark Morabito is a Vancouver-based executive who founded and serves as President and CEO of King & Bay West Merchant Bank. He also leads several other public and private companies.
He is known for his optimistic view that, “It’s not about the risk – it’s about the opportunity.” From mining ventures located in the boreal forests of Labrador or the deserts of Arizona to new airline entries in the skies over Canada, Mark Morabito knows first-hand how to pan through the rubble of risk to extract the gold of opportunity.
Mark Morabito started his career as a corporate finance and securities lawyer practicing in Toronto and Vancouver. After eight years of 80-hour weeks, he decided his work ethic could be better put to use on the client side of the table.
Mark’s career in business and capital markets spans over 20 years, with a strong focus on junior mining and extensive experience in merchant banking and corporate development. A natural business leader with a knack for seeing opportunity, he has been the founder and principal driving force behind a number of successful resource development companies, two of which he led from initial start-up on the TSX Venture Exchange to full NYSE listings.
At Alderon Iron Ore, Mark Morabito’s skill and expertise as a negotiator and trailblazer enabled the company to secure a $400 million agreement with HBIS Group, at the time China’s largest steel producer, entering their first investment transaction outside of China in the company’s history.
As founder of King & Bay West Merchant Bank, a public company services provider, he specializes in identifying, funding, developing and managing business opportunities within and beyond the mining sector. Mark has raised over a billion dollars in his career. His newest project is Intrepid Metals Corp, a company focused on developing its Corral Copper and Silver project in the Tombstone area of southwestern Arizona.
Originally from southern Ontario, Mark now calls Vancouver home. He holds a BA from Simon Fraser University and completed his J.D. at Western University’s Faculty of Law.