Paul R. Carmel

Richmont Mines, Inc. engages in the exploration, operation, financing and development of mineral properties. The company was founded on February 12, 1981 and is headquartered in Rouyn-Noranda, Canada.

Orezone Resources, Inc. owns and operates gold mines. Its services include investigation, acquisition, exploration and development of gold ores. The company explores gold properties in Essakan, Sega, Bondi and Golden Hill permits in Burkina Faso, West Africa. Orezone was founded in the year 1989 as Garde Societe dexploration Miniere, Inc. It is headquartered in Ottawa, Canada.

Beaufield Resources, Inc. is a resource exploration company. It is engaged in the exploration, and evaluation of gold, base metals and iron located in the province of Quebece and eastern Canada. The firm focuses on building shareholder wealth by acquiring, exploring and developing high-quality exploration prospects resulting in discovery. It holds interests in the Troilus-Tortigny, Eleonore-Opinaca, Urban, Launay, and Hemlo properties. The company was founded on May 6, 1980 and is headquartered in Montreal, Canada.

Desjardins Securities, Inc. is the broker/dealer arm of the Desjardins Holding Financier, Inc., ultimately held by Le Mouvement des caisses Desjardins in Canada. Founded in 1991, the firm is headquartered in Montréal and has an additional office in Toronto. Desjardins Securities offers businesses and institutions with a complete range of securities brokerage products and services through its investment advisors and its Disnat Online Brokerage division. The firm is an approved participant on the Montreal Exchange and the Toronto Stock Exchange, as well as a participating member of the TSX Venture Exchange. In addition, Desjardins Securities is a member of both the Investment Industry Regulatory Organization of Canada (IIROC) and the Canadian Investor Protection Fund (CIPF).

UBS Securities Canada, Inc. is a Canadian investment bank and securities firm headquartered in Toronto, Ontario. The firm is a subsidiary of UBS Holding Canada Ltd. and their ultimate parent is UBS AG (NYSE: UBS) in US. UBS Securities Canada provides execution services for their clients' orders. They consider factors such as price, size of the order, the potential for price improvement, the speed of execution, the certainty of execution, trading characteristics of the security, and the overall cost of the transaction when costs are passed on to clients. In addition, prevailing market conditions are taken into consideration when manually handling a client order, such as the direction of the market for the security, the depth of the posted market, the last sale price and volumes of previous trades, the size of the spread, and the liquidity of the security.

MinQuest Capital Inc (MinQuest Capital) is a private equity firm founded in 2006. The firm is headquartered in Montreal, Canada.