Marcventures Holdings, Inc. Announces Augusto C. Serafica, Jr., as the New President

Augusto C. Serafica, Jr. is the new President of Marcventures Holdings Inc. (MHI). The election took place immediately after the company’s Annual Stockholders’ meeting.

​Mr. Serafica is the Chairman of MHI’s investment committee and has been a director since 2013. He was part of the core management team that developed the nickel business of the company that started in 2008.

Mr. Serafica is also the President and Director of Bright Kindle Resources, Inc. and Armstrong Capital Holdings Corp. respectively. As a seasoned investment banker, he was formerly the Managing Director of Asian Alliance Investment Corporation and Asian Alliance Holdings & Development Corporation.

He is a trustee of the Asian Institute of Management (AIM) Scientific Research Foundation. He is a Certified Public Accountant (Bachelor of Commerce in Accountancy degree from San Beda College) and completed his MBM (Masters in Business Management degree) from AIM.

As the incoming president, he will actively oversee the strategic initiatives and the company's partnership development thrusts. MHI has four subsidiaries - Marcventures Mining & Development Corporation (MMDC), BrightGreen Resources Corp. (BRC), Alumina Mining Philippines Inc. (AMPI) and Bauxite Resources Inc. (BARI).