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DEALROOM.CO: E-waste gold recycler Modern Mining raises $40M in NYSE American IPO

WHAT’S THE DEAL?

Modern Mining Technology Corp. has closed a $40 million initial public offering, selling 9,411,764 common shares at $4.25 each. Its shares are expected to begin trading on the NYSE American under the ticker “MDRN” on November 13, 2026.


READ THE ARTICLE: https://dealroom.co/news/172301-e-waste-gold-recycler-modern-mining-raises-40m-in-nyse-american-ipo/
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PRESENTATION

DARRELL CAMPANELLA

General Manager

  • Experienced production operations leader with 25 years’ experience working in the precious metals refining, automotive and chemical  industries, including Metallix.
  • Skilled in operations management, root cause analysis, continuous improvement and ISO standards.
  • Strong quality assurance professional with a Master’s of Science degree focused in chemistry from East Carolina University.

DAVIN GORDON

Procurement Manager

  • Over 16 years of procurement and management experience in the scrap and recycling industries. 
  • Experienced with commodity and precious metals, including procurement in technology, aviation, and military supply chains.
  • A seasoned business executive in dynamic leadership roles.
  • Recently Vice-President of Procurement at Conecsus Aerospace.

AUSTIN THORNBERRY, CPA, CA

Chief Finance Officer

  • Seasoned Chief Financial Officer and finance professional with a background in advising new companies in the venture capital market.

  • Extensive experience with high-growth companies across numerous industries with the Technology & Innovation banking group at the Bank of Montreal.

  • Served as an auditor in the financial services arm of Ernst & Young advising on multiple capital markets transactions.

KULJIT (JEET) BASI

Director

  • Experienced 17-year mining industry professional.
  • Technical leadership experience global public mining companies including Newmont, Goldcorp and Teck Resources.
  • Extensive due-diligence knowledge in M&A
  • Bachelor of Applied Science in Mining and Mineral Process Engineering from the University of British Columbia with a Minor in Commerce.

  • Company CEO & President
  • Corporate technical services and project development – Newmont, Goldcorp, Teck

MICAHEL HEPWORTH

Independent Director

  • Chair, ESG Committee
  • Capital markets
  • Mining Development
  • Past President & CEO Nordic Gold

MATTHEW CHATTERTON

Independent Director

  • Chair, Compensation Committee
  • Chemical Process Engineer, International mining and management experience: Canada, China, Bulgaria, Philippines

SEAN BROMLEY

Independent Director

  • Chair, Audit Committee
  • Capital Markets, Financing

MARK ZORKO

Chairman of the Board

  • Compliance Officer
  • Technology Industry veteran
  • Extensive governance experience (NASDAQ)

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