NEW YORK, June 27, 2014 /PRNewswire/ -- MFC Industrial Ltd. ("MFC" or the "Company") (NYSE: MIL) is pleased to announce that Samuel Morrow has been appointed Chief Financial Officer of the Company. Mr. Morrow replaces James Carter, who will continue with the Company as Vice President, Finance,focusing on the Company's resource interests.

Mr. Morrow is a Chartered Financial Analyst and is the Deputy Chief Executive Officer of the Company.

Gerardo Cortina, President and Chief Executive Officer of the Company, commented: "We are pleased to announce Mr. Morrow's appointment as Chief Financial Officer. His prior experience positions him well to continue to contribute to our management team."

About MFC Industrial Ltd.

MFC is a global commodity supply chain company and is active in a broad spectrum of activities, including its integrated commodities operations, mineral and hydrocarbon interests, which focus on metals, energy, chemicals, plastics and wood products. MFC also provides logistics, financial and risk management services to producers and consumers of commodities. Our global business activities are supported by our captive commodities sources through strategic direct or indirect investments and other commodities sources secured by us from third parties.

To obtain further information on the company, please visit our website at www.mfcindustrial.com.

SOURCE MFC Industrial Ltd.