Larry Ciccarelli holds a Bachelors Degree from the University of Western Ontario. He has served as Vice President and Secretary of Karr Securities Inc., a private investment firm.
Karr Securities is a private merchant-banking firm. Since 1989 Mr. Ciccarelli serves as senior partner and shareholder of Karr. The company is involved with various business markets including investments in real estate, sports and leisure, the hospitality industry and natural resource sector both precious, base metal and oil and gas.
Mr. Ciccarelli has served as founder and Chief Operating Officer of Sarmin since 1997, a privately held corporation prior to its acquisition by GlobeStar (TGW Corp). Mr. Ciccarelli through Sarmin was responsible for the acquisition of Corporacion Minera Dominicana, a wholly owned subsidiary of Falconbridge International Investment Limited. Corporacion Minera Dominicana (CMD) was Falconbridge’s Latin American exploration company. Through CMD, Sarmin acquired Falconbridge’s exploration staff, its assets, including all the exploration data.
Mr. Ciccarelli served as executive director and subsequent Executive Chairman of GlobeStar. He was responsible for the acquisitions of the Cerro de Maimón deposit from Falcondo, Falconbrige’s nickel operations in the Dominican Republic.
Mr. Ciccarelli also has served as Chief Operating Officer of CF Hospitality Inc. from 1992 to 1997, which partnered with Working Ventures, Canada’s largest labor sponsored capital fund focusing on strategic acquisitions in the hospitality sector while managing over 1000 employees. He also served on the Advisory Board as the sole Canadian representative for Cendant Corporation (NYSE).