Management

Philip F. Cunningham has been a director of the company since August 2004 and Chairman since May 2005. Mr. Cunningham was formerly executive vice president of Mackenzie Financial Corporation and chairman of Mackenzie Financial Services Inc.

Monir Younan has been a director since 1979 and was appointed President of the Company in February 2006. He has over 35 years of experience in the mining field in Canada, including exploration, development and operation for both gold and base metal mines. He holds a B.Sc. in mining engineering.

James A. “Jay” Richardson was appointed Secretary-Treasurer and Chief Financial Officer in 2006. He has been a Canadian Chartered Accountant since 1970 and has broad experience in the fields of business advisory, transaction, turnaround and process management. Mr. Richardson has held several positions and directorships in a number of publicly listed companies and formerly was a partner of Clarkson Gordon, Arthur Young (Singapore) and KPMG (UK). He has been a director since January 2005 and is also currently a director of Argus Corporation.