Powertool Industrial Manufacturing

Management and Directors

  • Andrew DeFrancesco, Executive Chairman

    • Chairman & CEO of Delavaco Capital Inc, a private equity and merchant banking group with a primary focus on natural resources. Have funded, jointly funded or arranged funding in excess of $500mm in last three years (2008). Andy brings 17 years of Capital Markets experience in various roles including head equity trader at one of Canada's leading independent investment banks
    • Founder, Chairman & CEO of Colcan Energy – a Canadian Oil and Gas Company
    • Executive Chairman of Tolima Gold Corp – newly formed Colombian gold company
    • Chairman and CEO of Delavaco Properties – a real estate investment firm specializing in the acquisition of distressed properties throughout the United States of America. Once acquired, the properties are rented for high yields utilizing government funded assistance programs (Section8)
    • Special Advisor to the Board of Directors to 3P International Energy – a publicly traded natural gas company in the Ukraine (DOH-TSX)
    • Co-Founder and Former Chairman & CEO of APO Energy
    • Co-Founder, and former Chairman and CEO of P1 Energy Corp, a Colombian oil and gas exploration, development and production company. (Dec 2010) $447mm merger with APO Energy
    • Co-Founder and special advisor to Fenix Energy, sold to Quetzal Energy (QEI-TSX) and Brownstone Energy in 2009 (BWN-TSX)
    • Chairman and CEO of Dalradian Gold - a publicly traded gold company located in Ireland (DNA-TSX)
    • Founder and Executive Chairman of Delavaco Energy, sold to Alange Energy for $100mm (2009)

  • Jaime A. Lopez, President & CEO

    • Over 20 years' experience in industry and finance.
    • Co-founder and former Director of more than 15 Colombian companies.
    • Participated in the structuring of top gold projects such as: Gran Colombia Gold, Medoro Resources, Mineros Nacionales, El Zancudo Gold, Providencia Gold, and Tolima Gold.
    • Structured and performed a broad spectrum of valuations for leading international investments funds, private equity firms and high net worth individuals.
    • Board member of numerous important privately held companies in Colombia.
    • Executive of the Year Awarded, chapter Antioquia, 1988.

  • Augusto Lopez, Director

    • Former President of the Bavaria Group, a Colombian based multinational. conglomerate formed by more than a 100 companies in the industrial, financial, aerospace, automotive, insurance, food, telecommunications and tourism sectors.
    • Currently is a Board Member of Gran Colombia Gold, Petro Rubiales, Petro America, and Mineros Nacionales S.A.
    • Honored with several awards on the order of Industrial Merit by the Governments of Colombia, France and Ecuador.
    • Was recognized by the Spanish and American award, for his "special talent" as a business man, and was given citizenship of Spain and resident visa of the United States of America.
    • Co-Founder and President of the Chamber of Commerce Colombo-Ecuadorian, City Council of Medellin.

  • Ron MacMicken, Director

    • President & COO of Delavaco Capital Inc., an actively managed investment company with a focus on natural resources, infrastructure and real estate;
    • Interim President, CEO and Director of 3P International Energy (TSXV:DOH), a publicly listed junior oil and gas company with operations in Ukraine
    • CEO and Director of Quetzal Energy - a publicly traded oil and gas company in Colombia and Guatemala (TSX:QEI)
    • President, COO and Director of ColCan Energy, a private oil exploration company with assets in Colombia
    • Director of Tolima Gold, a private gold exploration company with assets in Colombia
    • Current COO and Director of Delavaco Properties, a private real estate investment company in Florida, USA
    • Former Managing Director, Investment Banking at Canaccord Genuity Corp. and Director, Investment Banking at Cormark Securities Inc. with a focus on international oil and gas
    • 12 years of capital markets and advisory experience in Toronto, London and Calgary, with BMO Nesbitt Burns, Credit Suisse First Boston and National Bank Financial covering various sectors and financial products

  • John Martin - Chief Financial Officer

    • Mr. Martin is the current CFO of Tolima. Mr. Martin was the founding and senior partner of EvansMartin LLP, a midsize firm of Chartered Accountants based in Toronto, Ontario. He was the firm's primary resource for all clients in the area of corporate finance, mergers and acquisitions.
    • Mr. Martin's involvement with clients in finance, merger and acquisition activities often resulted in controllership and CFO assignments on an interim basis, including assisting clients in establishing and integrating operations in the U.S., Europe and for the past two years, primarily in the oil and gas industries in Colombia, South America.
    • As a result of the Colombian projects, Mr. Martin has developed extensive banking, legal and accounting contacts in Colombia.
    • Mr. Martin is the Former CFO of APO Energy Inc. a $165 million private oil and gas explorer and producer in Colombia, and assisted with the successful merger of APO Energy Inc. with P1 Energy Corp, ($450 million in 2010) and is the CFO of a private Colombian oil and gas exploration company.