Mark Morabito is a Vancouver-based entrepreneur, venture financier, and founder of King & Bay, a merchant bank that specializes in turning early-stage ideas into investable, scalable ventures. With over 20 years of experience in public markets, Morabito has raised more than $1 billion across multiple industries, including mining, aviation, and technology, building a track record of seizing opportunities before the broader market catches on.
He is currently Chairman and CEO of Intrepid Metals Corp. (TSXV: INTR, OTCQB: IMTCF), a resource development company advancing high-grade copper, silver, and zinc projects in Nevada and Arizona.
Morabito began his career as a corporate finance and securities lawyer practicing in both Toronto and Vancouver. He earned his J.D. from Western University’s Faculty of Law, and was called to the bar in multiple Canadian provinces. Most of his clients were junior mining companies, and over time, his interest began to shift from the legal mechanics of deals to the opportunities behind them.
He walked away from law at a time when he had a child on the way and no guaranteed income. But when a mining opportunity in Newfoundland came across his mentor’s desk, he handed it off to Morabito with the words, “I think you’re ready for your first deal.” That leap of faith was the start of a new path defined by risk, resilience, and long-range vision.
In 2003, Morabito founded King & Bay, a merchant bank and venture builder that takes a hands-on approach to incubating high-potential opportunities. Unlike traditional investment firms, King & Bay creates companies from the ground up, assembling teams, structuring deals, managing technical development, and preparing assets for public markets or strategic acquisition.
The firm has had a hand in multiple high-profile exits, including Morabito’s role in founding Alderon Iron Ore, a company that secured a landmark $400 million off-take agreement with HBIS Group, China’s largest steel producer at the time. It was the first foreign investment in HBIS’s history and a major milestone in Canada-China mining relations. Under Morabito’s leadership, Alderon went from startup to a full NYSE listing, with a valuation that placed it among the most closely watched resource plays of its time.
Morabito’s leadership of Intrepid Metals includes developing these flagship assets:
Tombstone South Project – Located within the historic Tombstone mining district, this property exhibits geological characteristics comparable to the Taylor Deposit which sold for $1.3 billion in 2018. With completed permitting and community support, it’s a rare example of a U.S.-based project that’s both high-potential and low-friction.
Corral Copper Project – A district-scale, drill-ready opportunity targeting copper, silver, and zinc mineralization, with extensive historical data and shallow intercepts.
Mesa Well Project – Positioned within the Laramide Copper Porphyry Belt, home to some of the largest copper deposits in the U.S.
With Intrepid, Morabito is executing a playbook he knows well: act early, derisk aggressively, and position assets for acquisition by senior operators. He sees his role not as a long-term operator, but as a “plate setter” who shapes the opportunity and sets the stage for scale.
Morabito’s reputation is built on momentum. He brings energy to the formative stages of a project and then builds toward a clean handoff once the asset is de-risked. This approach has made him especially effective in industries that require long timelines and heavy early-stage work, like mining. He knows how to navigate permitting, understand the regulatory terrain, and attract capital to projects that most investors wouldn’t touch until much later in the cycle.
His mantra, shared frequently across his growing social media platforms: “You don’t wait for the green light. You move when the path is still foggy. Because by the time it’s clear, it’s already crowded.”
Outside the boardroom, Mark Morabito is an advocate for personal discipline, focus, and resilience. A longtime boxing enthusiast and early riser, he believes physical training is a daily practice in mental clarity. “Every hour in the gym sharpens how I show up in business,” he often says.
He’s also part of a rare group of people preparing to make history: Morabito is Future Astronaut #444 on the Virgin Galactic spaceflight manifest, having placed a deposit over a decade ago after a personal conversation with Richard Branson. Virgin Galactic has begun commercial flights, and Morabito looks forward to realizing his lifelong dream of seeing Earth from space.
Mark Morabito maintains a steady presence on Instagram (@markmorabito_official), where he shares thoughts on leadership, risk, travel, and the mining industry, often layered with motivational reflections or behind-the-scenes images from site visits in Arizona and Nevada. His blog, hosted on his personal website, covers themes ranging from the global race for resources to the entrepreneurial mindset required to bring new projects to life.
Whether he’s posting from the field, the boardroom, or the gym, Morabito’s content reflects a belief that vision without execution is just noise, and that creating value starts with showing up early and being ready to work.
