Mr Shaw is an experienced organizer of private placement funding from institutional investors. He built his financial industry experience at major firms such as American International Group, Global Investment Group, Harvest Capital Management and DoubleClick.

In April of 2005, Mr Shaw founded Novastar Resources to focus on the acquisition of Thorium properties, with the vision of the metal thorium being utilized as a more efficient, non-proliferative source of nuclear fuel, at a future point.

Mr Shaw assisted the corporation in raising more than $17.5 million from top-tier institutional investors and was instrumental in the successful completion of the merger between Novastar Resources and Thorium Power. Mr Shaw was retained as the director of strategic planning to maintain institutional investor relations for the firm until April 2007. He remains as a consultant to the company at the present time.