Board of Directors

A. Terrance MacGibbon

Chairman of the Board (Independent), Professional Geologist; Certified Director (ICD.D); and Bachelor of Science (Geology)

Terry MacGibbon is a registered professional geologist and a certified director, Institute of Corporate Directors (“ICD.D”), with over 45 years of experience in the mining business. Mr. MacGibbon graduated with a B.Sc. (Geol.) from St. Francis Xavier University. Mr. MacGibbon is a co-founder, and since 2009 a director and the Chairman, of the Company. Prior to 1997, he was employed for 30 years with Inco Limited, culminating in him being responsible for directing Inco’s North American and worldwide exploration activities. Mr. MacGibbon is founder and was the Chairman and Chief Executive Officer of FNX Mining Company Inc. (“FNX”) from 1997 to 2010. Mr. MacGibbon and his team built FNX from a junior exploration company into a mid-tier, multi-billion-dollar, diversified Canadian mining company that produced nickel, copper, and precious metals from its mineral properties in Sudbury Basin mining camp, Ontario, Canada. In 2010, FNX merged with Quadra Mining Ltd. to form Quadra FNX Mining Limited (“QUX”) and from May 2010 to March 2012, he was the Chairman of QUX, which was subsequently sold to KGHM Polska Miedź SA in 2012. Mr. MacGibbon is a co-founder, and since 2006 the Chairman, of INV Metals Inc., an exploration and development company exploring and developing the Loma Larga gold project in Ecuador. He is also the founder, and since December 2012, the Executive Chairman, of TMAC, an emerging gold producer. TMAC is exploring and developing the Hope Bay project in Nunavut, Canada. TMAC has initiated production at Hope Bay in early 2017. In 2005, Mr. MacGibbon was awarded the prestigious PDAC’s Developer of the Year award and in 2005 Ernst and Young honoured Mr. MacGibbon for FNX’s successes with an Entrepreneur of the Year award. He has held directorships and senior executive positions in several Toronto Stock Exchange (“TSX”) and TSX Venture Exchange (“TSXV”) listed mining companies.

Fred Stanford

President and Chief Executive Officer of the Company,(Non-Independent), Professional Engineer, Certified Director, Bachelor of Industrial Engineering, Bachelor of Science

Fred Stanford is the President and Chief Executive Officer of the Company. He is a mining executive with over 35 years of experience in the mining industry. Mr. Stanford started his career at Vale Canada Limited (“Vale”, formerly Vale Inco and Inco Limited) in 1981 as a software designer and then moved into operations management as an underground mine foreman. He progressed through senior roles in mines operations, processing plant operations, engineering, environmental, health and safety, human resources, and production services operations. In 2006, he was appointed to the role of President of Vale’s Ontario operations, a position he held until June of 2009. Mr. Stanford graduated in Industrial Engineering from the Technical University of Nova Scotia. Mr. Stanford is also a Certified Director (ICD.D). He has served on the board of directors of Laurentian University, Cambrian College and the Northern Centre for Advanced Technology (NORCAT), a non-profit commercial incubator.

Andrew Adams

Director (Independent), Chartered Accountant (United Kingdom), Bachelor of Social Sciences (Accounting and Statistics)

Andrew Adams is a corporate director and has over 30 years of international financial experience in extractive industries. He served as Chief Financial Officer of Aber Diamond Corporation from 1999 to 2003 and Chief Financial Officer of Anglo Gold North America from 1995 to 1999. From 2004 onwards, he has served as an independent, non-executive director on several Canadian mineral resource companies. Currently he serves as an independent, non-executive director of First Quantum Minerals Ltd. (“First Quantum”) and TMAC. He is the audit committee chair for both companies, as well as a member of the compensation committee and the finance committee for First Quantum, and the compensation and corporate governance and nominating committee for TMAC. Mr. Adams obtained his Bachelor of Social Sciences (Accounting and Statistics) from Southampton University and then qualified as a Chartered Accountant in the United Kingdom in 1981.

James Crombie

Director (Independent), Bachelor of Science Hons. (Mining Engineering)

Jim Crombie is President and Chief Executive Officer and a director of Odyssey Resources Limited. He is a mining engineer with over 30 years of broadly based experience in the mining industry. Mr. Crombie has held several senior executive positions with various mining companies, including Hope Bay Gold Corporation, Palmarejo Silver & Gold Corporation until its merger with Coeur d’Alene Mines, and was a mining analyst and investment banker with Shepards, Merrill Lynch, James Capel & Co. and Yorkton Securities. Mr. Crombie is also currently a director of Arian Silver Corp., of which he is a member of the nominating and compensation committee and a director of Sutter Gold Mining, of which he is a member of the nominating and compensation committee and the audit committee. He graduated from the Royal School of Mines, London, with a Bachelor of Science (Hons).

Frank Davis

Director (Independent), Certified Director (ICD.D); Juris Doctor (J.D.), Master of Business Administration, Bachelor of Commerce

Frank Davis has been counsel to the law firm Bennett Jones LLP since February 2013. He was previously counsel to the law firm Fraser Milner Casgrain LLP (“FMC”) from January 2011 to February 2012, and prior thereto was a partner of FMC, practicing principally in the areas of securities and capital markets, corporate finance, mergers and acquisitions, mining and corporate governance. Mr. Davis has represented various public companies and investment banking firms in public and private offerings of equity and debt securities. He has acted as counsel to offerors, target companies and financial advisors in both hostile and negotiated merger and acquisition transactions and has been active in a variety of takeover bids, mergers, acquisitions, amalgamations, arrangements and divestitures. Mr. Davis is currently a director of TMAC, of which he is chair of the compensation committee and corporate governance and nominating committee and a member of the audit committee and Malbex Resources Inc. (“Malbex”), of which he is chair of the governance and compensation committee and a member of the audit committee. Mr. Davis holds a Bachelor of Commerce, Master of Business Administration and Juris Doctor from the University of Toronto. He is a certified director, Institute of Corporate Directors, and is included in The Best Lawyers in Canada, The Canadian Legal LEXPERT Directory, Who’s Who Legal: Canada, The International Who’s Who of Business Lawyers and Canadian Who’s Who.

David Fennell

Director (Independent), Bachelor of Laws, Bachelor of Arts

David Fennell is a corporate director with over 30 years of experience in the mining industry and has held directorships and senior executive positions in several TSX and TSXV listed mining companies, including Golden Star Resources Ltd (“Golden Star”), which he founded in 1983 and during his term as President and CEO, Golden Star became a TSE 300 company. Mr. Fennell currently serves as the Chairman of Reunion Gold Corporation, of which he also serves as a member of the safety, health and environment committee, and the Chairman of Highland Copper Company Inc. He is also a director of Major Drilling Group International Inc., of which he is the chair of the safety, health and environment committee and a member of the governance committee, and a director of Sabina Gold and Silver, of which he is a member of the safety, health and environment committee and a member of the compensation committee. Mr. Fennell obtained a Bachelor of Arts from the University of North Dakota, then graduated from the University of Alberta with a Bachelor of Laws and practiced corporate and resource law for a number of years.

Michael Murphy

Director (Independent), Certified Director (ICD.D); Master of Business Administration; Master of Science (Finance); and Bachelor of Arts

Michael Murphy is the President and Chief Executive Officer of Redzone Resources Ltd., and President of Woodman Capital Ltd., a private consulting company. Mr. Murphy previously spent 15 years working in institutional equities in London, with Merrill Lynch, Donaldson, Lufkin & Jenrette and Credit Suisse, where he managed the hedge fund coverage team. Mr. Murphy graduated from the University of British Columbia with a Bachelor of Arts, from the London School of Economics and Political Science with a Master of Science in Finance and from Saint Mary’s University with a Master of Business Administration and he is a Certified Director (ICD.D).

William M. (Bill) Shaver

Director (Independent), Professional Engineer; Bachelor of Science in Mining Engineering; and a graduate of the Haileybury School of Mines

Bill Shaver is the Chief Operating Officer, INV Metals Inc. He is a seasoned senior mining executive with over 40 years of expertise in mine construction and operations. His early experience includes Teck, Eldorado Nuclear, New Quebec Raglan, Falconbridge and the Redpath Group working on many projects in roles of increasing responsibility. He was one of the founders of Dynatec Corporation which became one of the leading contracting and mine operating groups in North America. More recently, Mr. Shaver was the COO of FNX Mining from October 2008 to May 2010, Executive Vice President of Dension Mines Limited from August 2006 to September 2008, the President and CEO of DMC Mining Services from October 2008 to August 2016 and Principal, Shaver Engineering Limited from August 2016 to March 21, 2017 when he joined INV. Mr. Shaver served as the Chair of the Board Workplace Safety North since its inception in 2009 to 2015. He also sponsors scholarships for Masters and Doctorate students working in the safety area at Laurentian University. Mr. Shaver was recognized as the Ernst and Young Entrepreneur of the Year in 2013 for his devotion to bringing innovation to the mining industry.

Elizabeth A. Wademan

Director (Independent), Certified Director (ICD.D.), Bachelor of Commerce; Chartered Financial Analyst (CFA)

Elizabeth Wademan is a corporate director with over 20 years of financial services experience as a senior capital markets professional. Ms. Wademan spent 18 years in investment banking at BMO Capital Markets, where she was a Managing Director and responsible for the Global Metals & Mining Equity Capital Markets and Canadian Technology Equity Capital Markets businesses before retiring in 2016. Ms. Wademan has extensive experience in capital markets advisory and investment banking, in both domestic and international markets, as well as in commodities and securities. She sits on the board of St. Joseph’s Health Centre Foundation. She obtained her Bachelor of Commerce (Finance and International Business) from McGill University, is a CFA charterholder and has her ICD.D designation from the Institute of Corporate Directors.