President, Chief Executive Officer and Director
Mr. Espig was appointed interim CEO on July 7, 2013 and full time President and CEO on November 7, 2013 during CCAA proceedings culminating in the restructuring of the Company on November 21, 2014. He is experienced in the analysis of investment opportunities, raising capital, deal sourcing, financial structuring and corporate turnaround. Mr. Espig has structured over US$2.0 billion in private equity and pre-IPO investment transactions from the principal side.
Mr. Espig serves as Vice-President of the Principal Finance and Securitization Group and Asia Special Situations Group for Goldman Sachs Japan. Prior to joining Goldman Sachs, Mr. Espig served as Vice-President of Olympus Capital, a New York private equity firm, where he participated in corporate restructurings, investment analysis and financing negotiations for both domestic and international investments.
In 1989, Mr. Espig received his B.A. from the University of British Columbia and later received his MBA from Columbia Business School.
Mr. Espig has been active in the turnaround of mining projects and has functioned in management roles and as a director for numerous mining companies.
(CPA, CA), Chief Financial Officer & Corporate Secretary
Mr. Bay has been a member of the Institute of Chartered Accountants of B.C. since 1979. Mr. Bay practiced for over 10 years with one of the big five public accounting firms and is specialized in the audit of public mining companies. He also owned and operated a group of companies in the hospitality industry for 15 years. Prior to joining Nicola Mining Inc., he spent 17 years in the financial services industry where he focused on raising capital for junior mining companies and exploration projects.
Dr. Jacob Longridge
Dr. Jacob Longridge joined the Nicola Mining team on 1 February 2019. He has been actively engaged in mineral exploration from boots-on-the ground field work to high level district-scale target generation in Canada and Peru for multiple commodities including Silver, Lead, Copper, Gold and Uranium.
Prior to immigrating to Canada, he obtained a First Class Honors BSc. Geology from Royal Holloway, University of London, during which he received multiple awards including Excellence in Mineralogy and Excellence in Geology through fieldwork.
Dr. Longridge holds a doctorate in Economic Geology from the prestigious Royal School of Mines, Imperial College London. His thesis focused on understanding the hydrothermal alteration system associated with an economic copper-gold porphyry deposit. His knowledge and expertise of hydrothermal alteration systems and their relationship to mineralization in porphyry, epithermal and skarn environments makes him an asset to the team as the Company continues to explore its wholly-owned New Craigmont Project.