Portex firms up deal to acquire Direct Metals Recycling

Portex Minerals Inc. has executed a definitive agreement to acquire Walker Norris Capital Partners III, doing business as Direct Metals Recycling (DMR). DMR is company based in Atlanta, Ga., excelling in the procurement of platinum-grade metals (PGM) through the processing of catalytic converters.

Mr. Chodos is executive vice-president of corporate development at Chieftain Metals Corp. He has over 35 years of experience in the financial markets, primarily in Canada but also in the United States and the United Kingdom. He has completed many merger-and-acquisition transactions, as well as private and public financings and restructurings. He is a director of Route1 Inc.

In 2004, Mr. Chodos co-founded Mt. Auburn Capital Corp., a structured products firm. From July, 2006, to February, 2009, Mr. Chodos was a managing director of BluMont Capital Corp., a provider of alternative investment products to retail investors in Canada.

Mr. Chodos has a BComm from McGill University and a master of business administration from Harvard University. He is a chartered accountant and a chartered business valuator.

Read full article: Stockwatch, 15 March, 2016