Business Chief USA – August 2019

(Nora) #1
Chris Buncic, President, CEO and Co-Founder
Chris Buncic is one of the founding partners in the formation
of Ascendant Resources Inc. and its acquisition of the
company’s f lagship operating El Mochito mine from
Nyrstar NV in 2016. Prior to cofounding Ascendant,
Mr. Buncic served in senior management roles at
several Canadian corporations in the technology and
resources sectors. His depth of experience also includes
six years in Institutional Equity Research at leading
Canadian independent full-service brokerage firms
Cormark Securities Inc. and Mackie Research Capital
Corporation. Mr. Buncic is a CFA Charterholder, has
an MBA from Schulich School of Business and
B.A.Sc. from the University of Toronto. Mr. Buncic
is a member of the Professional Engineers of
Ontario and the CFA Society.

EXECUTIVE PROFILE

of clear direction to which workers at
El Mochito had become accustomed.
Not only has the new and successful
management team brought a fresh
era of stability, but Ascendant has
also been proactive in its approach
to supporting staff significantly
improving morale. “In 2017, we
renegotiated our collective bargain-
ing agreement with the workers’
union, which had been long overdue.


They were unhappy with the situation
before we took over, so we had lots
of positive benefits come through
that,” says Buncic. “As we ramped up
production, people have reaped the
benefits of the higher production
rates through incentives. Everyone is
happy in sharing the success of the
mine, and it’s certainly something
we’re happy to continue to foster.”
This attentiveness to its employees

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