William A. Rand received a Bachelor of Commerce degree (Honours Economics and Major Accounting) from McGill University in 1963, a Bachelor of Laws degree from Dalhousie Law School in 1966 and a Masters of Law degree from the London School of Economics in 1967.

Before attending law school, Mr. Rand worked briefly for Price Waterhouse. After law school, Mr. Rand articled with Stewart, McKeen & Covert in Halifax and was admitted to the Bar of Nova Scotia in 1968. He then moved to Vancouver and articled and then practiced with, Davis & Company, one of Vancouver, British Columbia’s largest law firms, and continued to practice with Davis & Company until 1973. He then co-founded Rand, McLaughlin, Gorham & Tolmie, Barristers and Solicitors which subsequently evolved into the firm of Rand Edgar & Sedun. Mr. Rand practised law continuously as a partner until retirement from the practice of law in September of 1992. The practice was confined to corporate/securities law and consisted primarily of advising Canadian and international investors and entrepreneurs on taking companies public in Canada and advising on public offerings, private placements, asset acquisitions and dispositions, mergers, amalgamations and statutory arrangements.

In October of 1992, Mr. Rand and Mr. Brian D. Edgar established a private company to pursue investment banking and other investment activities. Rand Edgar Investment Corp. invests in early stage venture capital companies and is a major shareholder in a number of venture and investment companies.

Mr. Rand is presently on the Board of Governors of St. George’s School, a private boys school, and was the Chair, and for 11 years on the Board of Governors, of York House School, a private girls school. Mr. Rand is also on the President’s Advisory Council of McGill University (Montreal) and was for 12 years an associate member of the Board of Governors of Dalhousie University (Halifax).

Mr. Rand is the President of a real estate development and holding company with investments across Canada and in Washington State, U.S.A. He is also on the Board of Directors of a number of public companies including Dome Ventures Corporation and New West Energy Services Inc.

Historical connections with the Lundin Family and other assignments within the Lundin Group:
Mr. Rand has been associated with companies owned by a member of the Lundin Family since the late 1970s. He served on the Board of Lundin Oil AB between 1998 and 2001 and currently serves as a director on the Boards of Lundin Mining Corporation, Vostok Nafta Investment Ltd., Denison Mines Corp. and NGEx Resources Inc. He owns 120,441 shares in Lundin Petroleum AB.