Yulo Perez is new Marcventures Mining President

Marcventures Holdings, Inc. (MHI) announced the assumption by Yulo E. Perez as President and Chief Executive Officer of Marcventures Mining and Development Corporation (MMDC), a wholly owned subsidiary of MHI, effective November 20, 2017.

MHI President Isidro C. Alcantara, Jr. said "Perez is expected to use his experience and expertise to lead MMDC to higher shipment volumes and to oversee the development of its newly acquired mining properties."

Perez has over 35 years of experience in mining where he rose to become president of several mining companies, notable of which was his 13 years spent with PT Inco (Indonesia), one of the largest nickel laterite and smelting operations in the world."

Through MMDC, MHI owns an operating nickel mine in Surigao del Sur. MHI has approved a merger with Asia Pilot Mining Philippines Corporation (APMPC) and BrightGreen Resources Holdings, Inc. (BHI), with MHI as the surviving entity.

APMPC is the owner of Alumina Mining Philippines, Inc. and Bauxite Resources, Inc. - properties in Samar containing bauxite, the main source of aluminum. BHI, on the other hand, owns BrightGreen Resources Corp., which has a property contiguous to MMDC's Surigao del Sur mine.