Kyle McPhee

Cormark Securities Inc. (Cormark) is an independent investment dealer headquartered in Toronto, Canada with additional office in Calgary. The firm was founded in 1981 as Sprott Securities, Inc. Cormark Securities provides execution and comprehensive coverage of Canadian listed companies to domestic and international institutional investors. They focus on Canadian-listed, mid-cap and emerging growth companies.

Founded in 2008 by Jonathan Robinson, Sandfire Securities, Inc. is a broker/dealer located in Toronto, Ontario. The firm is a member of the Toronto Stock Exchange, the TSX Venture Exchange and the Investment Industry Regulatory Organization of Canada. Their clients include a variety of portfolio managers of hedge funds, mutual funds, pension funds and insurance funds, as well as, investment advisors and high net-worth individuals. Sandfire's research focuses on small-cap US and Canadian companies in the clean technology, alternative energy, mining and infrastructure sectors.

Founded in 2008, NCP Northland Capital Partners, Inc., formerly Sandfire Securities, Inc., (NCP) is an employee-owned broker/dealer and securities firm located in Toronto, Ontario. Northland Bancorp, a Toronto-based private equity firm that focuses primarily on real estate acquired Sandfire Securities, Inc. in 2010. NCP Capital Partners is a member of the Toronto Stock Exchange, the TSX Venture Exchange and the Investment Industry Regulatory Organization of Canada. The firm provides services for a diverse group of portfolio managers of hedge funds, mutual funds, pension funds, insurance funds, investment counselors and high net-worth individuals. Their research coverage includes: special situations, technology, clean technology, telecommunications, new media, metals & mining, life sciences, industrials and infrastructure.