Company

Stephen Dunn has over 30 years of experience in the investment industry having worked with a large Canadian insurance company, a Canadian Schedule A bank, and two Canadian investment dealers. He has extensive experience in the capital markets and has been a director of numerous resource companies. Mr. Dunn earned his BA and his MBA from the University of Western Ontario.

James Fairbairn, CA, ICD.D,has more than 20 years of experience with publicly-traded companies. He is a Chartered Accountant, having obtained his CA designation in 1987 and is an Institute-certified Director. Jim holds a B.A. from the University of Western Ontario. Jim’s valued experience touches on corporate governance and financial reporting with respect to junior mining exploration companies. He is a Director of several junior mining companies.

George Cole was Vice President, Exploration for Cominco American until he retired in 2001. He has subsequently served in senior management and board positions for several junior mining companies, most recently with Trelawney Mining & Exploration and Rae-Wallace Mining Company.

Rich Morrow, MBA was formerly Chief Executive of a resource focused company. Control of that company was sold through a supported takeover that he negotiated.  He has a strong background in Capital Markets and in Corporate Development (M&A). During a thirty year business career, primarily with Canadian based investment dealers and latterly in the corporate sector, he has had a key role in initiating and closing several successful IPO’s and numerous financings, acquisitions and divestments. His international business experience includes negotiations, transactions and investments in South America, Europe, Africa and China.

Peter McRae is a Chartered Professional Accountant and a graduate of the Director’s Education Program of the Institute of Corporate Directors with an ICD.D designation.  He is currently the Chairman of the board of Freedom International Brokerage Company, Canada’s largest inter-dealer broker, and between 1994 and 2015 was the President and CEO.  Mr. McRae was the Chair of both Ryan Gold Corp. and Corona Gold Corporation until their acquisition by Osisko Mining Inc. in August 2015.  He is also a director and Chair of the audit committee of both Eco Oro Minerals Corp. and Founders Advantage Capital Corp.

The Corporation and the board of directors (the “Board”) of the Corporation recognize the importance of corporate governance to the effective management of the Corporation and to the protection of its employees and shareholders.

The Corporation’s approach to significant issues of corporate governance is designed with a view to ensuring that the business and affairs of the Corporation are effectively managed so as to enhance shareholder value. The Board fulfills its mandate directly and through its committees at regularly scheduled meetings or as required. Frequency of meetings may be increased and the nature of the agenda items may be changed depending upon the state of the Corporation’s affairs and in light of opportunities or risks which the Corporation faces. The directors are kept informed of the Corporation’s operations at these meetings as well as through reports and discussions with management on matters within their particular areas of expertise.