Penny White (BA, LLB)

President and CEO

Penny White is an accomplished business leader with over 20 years of experience in the capital markets. As the President and CEO of Lancaster Resources Inc., she brings a wealth of expertise and leadership to the company.

Penny has a diverse background, with experience in sectors such as mining, pharmaceuticals, and clean energy. She was an initial officer and director of a pharmaceutical company that was later acquired for $342 million, and was the Chairman of Highbury Energy for 10 years, overseeing the development of the company’s gasification technology and registration of a patent to create high-grade synthetic gas from biomass. She has been recognized in PROFIT Magazine’s W100 list of top entrepreneurs and has raised over $50 million for companies she has founded.

In addition to her Law Degree, Penny has completed the Oxford Leading Sustainable Corporations Programme and the Oxford Climate Emergency Programme from Saïd Business School, University of Oxford. She is deeply committed to fighting climate change and working towards a more sustainable future. She believes that by taking care of our planet, we can create a better world for ourselves and future generations.

Andrew Watson (P.ENG)

VP, Engineering and Operations & QP

Andrew Watson has 21 years of rich technical leadership, operations, corporate strategy, and commercialization experience in lithium, hydrogen, and conventional oil and gas production.

His experience includes working as COO of Prism Diversified, to lead the technical development on two substantial battery metal critical mineral opportunities and spearheading the Lithium brine development opportunities on over 850 square miles of highly prospective brine resource. Additionally, Mr. Watson is leading engineering and economic studies for a surface ore body with a focus on recovery technologies that minimize environmental impact.

He has acted as VP Engineering & Operations at CleanInnoGen Energy, where he led the development of the world’s first-of-a-kind pilot project to capture industrial waste heat to produce on-site, low-cost, near-zero emission hydrogen and oxygen. Prior to this, he was the VP Engineering & Operations at Hyak Energy, where he managed the operations of a 60MM bbl medium crude oil field in SW Saskatchewan, using an Alkali-Surfactant-Polymer chemical enhanced oil recovery scheme, increased production by over 250%, and spearheaded corporate sale leading to a successful divestment in January 2020.

Rick Huang (BA, CGA, MBA)

Chief Financial Officer & Corporate Secretary

Rick Huang has been the CFO of Lancaster Resources for 2 years. He has over 15 years’ experience as a director and officer in public companies. Between 2012 and 2014, he chaired the compensation and corporate governance committee for Great Northern Gold Exploration Corporation. For 11 years, from 2007 to 2018, he was the CFO of Hanwei Energy Services Corp. (TSX: HE), managing its finance, banking, and compliance departments. He has overseen accounting for subsidiaries in Canada, China, and Kazakhstan. His roles have encompassed investor relations, AGM preparations, and international joint venture negotiations. His experience also spans roles at companies like Pepsi Bottling Group (Canada) and Coca-Cola China. Mr. Huang has been involved with Datable Technology Corp. (TSXV: TTM) since May 2015 and previously with Poydras Gaming Finance Corp. (TSXV: PYD). He’s been a designated CPA, CGA since 2005 and has an MBA from the University of Western Ontario, 2001.