Railveyor Officially Appoints Tas Mohamed as CEO Following Successful Interim Leadership

SUDBURY, ONTARIO- September 25th, 2024

Railveyor is proud to announce the official appointment of Tas Mohamed as Chief Executive Officer, following her successful tenure as interim CEO. Tas has been a driving force in leading the company through a pivotal period of growth and transformation and is now set to guide Railveyor into its next phase of innovation and market expansion.

Since stepping into the interim CEO role, Tas has led Railveyor through key strategic initiatives, including the launch of new products, forging strategic partnerships, and overseeing organizational restructuring. Her leadership has been instrumental in positioning Railveyor for continued success. Prior to her interim leadership, Tas served as the company’s Chief Financial Officer and held prominent roles at VCNA and Aecon Group Inc.

“It has been an honor to serve as interim CEO, and I am thrilled to officially take on the CEO role to continue driving Railveyor’s mission forward,” said Tas Mohamed. “I am confident that, with our talented team, we will achieve even greater milestones and set new industry benchmarks together.”

Adding to this, Charles Gillies, Chairman of Railveyor and Managing Director at Resource Capital Funds (RCF), a global critical minerals and mining alternatives investment firm, said: “We are delighted to officially appoint Tas Mohamed as CEO. Over the past two years, her leadership has been exceptional, guiding the company through significant advancements and innovation. Tas’s vision and collaborative leadership style make her the ideal leader to steer Railveyor toward continued growth and success.”

Under her leadership, Railveyor will remain committed to its core services and strategic priorities, with a renewed emphasis on innovation, market expansion, and operational excellence. The company is well-positioned to reach new heights as it continues to revolutionize material handling systems globally.

About Railveyor

Railveyor is a global material handling company, providing bulk material transport solutions to the mining and industrial sectors. The Railveyor® system provides a fully automated, emission-free, and cost-effective alternative to traditional conveyor and truck haulage, allowing companies to increase operational efficiency, reduce environmental impact, and enhance safety. With decades of experience and a commitment to sustainability and the future of material transport, Railveyor also offer support and customisation to meet each client’s needs. For more information visit: https://www.railveyor.com/

About Resource Capital Funds

Resource Capital Funds (RCF) is the pioneer in private equity mining investment. RCF is a critical minerals and mining-focused global alternative investment firm. For 25+ years, RCF has partnered with investors, innovators, and miners to lead the mobilization of capital into mining, aiming to produce superior returns for all stakeholders. From the energy transition to supporting industrialization across the globe, RCF sees metals and mining as the bedrock and growth engine for human civilization and advancement. Visit: https://resourcecapitalfunds.com/