PRISM is pleased to announce that Mike Wellwood has been appointed to the role of VP Business Development at the company. Mike will take a leading role in accelerating PRISM's growth, from strategic planning through to commercialization of the company's resource and technology projects.
Prior to joining PRISM, Mike was focused on structuring and capital raising for private companies in Western Canada including 7th Generation Power LP, a majority aboriginal owned competitive electricity retailer, and the Skyscape group of companies, a vertically integrated land developer operating in Southern Alberta. As the CEO for Ethermic Technologies, Mike worked to develop a global licensing strategy for a new waterless fracking technology including sourcing global supply of minerals and supply chain management for product manufacturing in an international free-trade zone.
As a partner with Insight EMRA, Mike conducted in-depth independent due diligence on Exempt Market Issuers on behalf of Exempt Market Dealers. His breadth of experience allowed him to quickly and efficiently analyze the risks of an investment product through site visits, management team interviews, market analysis and comprehensive financial modelling. He is very active in the Exempt Market community and was recently the Chairman of the National Exempt Market Association Due Diligence Committee.
Mike is a Certified Private Equity Professional and was the founder of an Exempt Market Dealer in Alberta. His previous background as an entrepreneur in the technology sector allows him to analyze and model businesses using a systems engineering approach rather than traditional subjective approaches. This led him to the alternative investing arena where he worked with various firms on strategic planning, project management, business modelling and raising capital in the Exempt Market. He has also spent time in foreign countries, structuring private equity offerings for projects in the Caribbean and Central America.