Directors

	Sandy Chim Chairman, President and Chief Executive Officer Sandy Chim, MBA, CPA, CA, is the founder, Chairman, a director, the President and Chief Executive Officer of the Company. His principal focus, since 2007, has been the development of the Company (and its predecessor companies). His investments and involvement in developing iron ore assets in Canada started in 2005 as a substantial shareholder in Consolidated Thompson Iron Mines Limited and a joint venture partner, through an affiliated company, of the Bloom Lake mine. Over the course of his career, Mr. Chim has been instrumental to successful capital raises from public offerings and listings of companies in various industries on, various international capital markets, including in Australia, London and Hong Kong as well as Canada. This capital was raised for businesses involved in industries ranging from resource exploration, mining, building materials, and manufacturing. He has been a director and member of corporate governance bodies of publicly listed companies on the TSX, TSXV, AIM (London), ASX (Australia), HKEx (Hong Kong) and SHSE (China). Mr. Chim received a Bachelor of Commerce degree from the University of New South Wales, Australia and an M.B.A. from York University, Canada. Mr. Chim is a member of Chartered Professional Accountants of Ontario Canada and the Institute of Chartered Secretaries and Administrators in Canada, and a Fellow Member of the Hong Kong Institute of Certified Public Accountants.

	Howard Bernier *Lead Director* Howard Bernier is a former professional Metallurgical Engineer and a consultant to entities involved in the iron ore industry focused on developing iron ore properties in the Province of Québec and Brazil. He has served as a consultant and officer to various public companies, as the resident manager of Wabush Mines in Sept-Îles, Québec, and most recently as Chief Operating Officer of Consolidated Thompson Iron Mines Limited. Mr. Bernier’s professional career, spanning some thirty-five years, has included all aspects of copper smelting and refining and iron pellet production, shipping and international metal sales. Mr. Bernier is a past member of the American Institute of Mining and Metallurgical and Petroleum Engineers and the Canadian Institute of Mining and Metallurgy. Mr. Bernier holds a B.Sc. (Engineering) from the École Polytechnique de Montréal, Québec. Mr. Bernier is a former member of the Order of Engineers of Québec.

	Kit Ying (Karen) Lee *Director, Audit Committee Chair* Kit Ying (Karen) Lee is a seasoned senior executive with over 20 years of experience in the financial markets, serving as a senior executive in various positions with the regulatory authorities and exchanges in Hong Kong. Ms. Lee is currently an independent non-executive director of China Blue Chemical Ltd and Gemilang International Ltd., companies listed on the Hong Kong Stock Exchange. Ms. Lee is a fellow member of the Institute of Chartered Accountants in England and Wales and an associate member of Hong Kong Institute of Certified Public Accountants. Ms. Lee received a Bachelor of Arts in Accountancy from City of London Polytechnic (currently London Metropolitan University) and a Master of Science in Financial Engineering from City University of Hong Kong.

	Gloria Wong *Director* Ms. Gloria Wong is currently an Executive Director of KLW Holdings Ltd (a Singapore Stock Exchange listed Company). She is responsible with the Group’s strategy and business development, as well as the implementation of decision and policies approved by the Board. Ms. Wong graduated from Queen Mary College, University of London with a Bachelor’s degree in Economics and Finance and from King’s College London with a Master’s degree in International Management.

	Jionghui Wang *Director* Jionghui Wang is Assistant President of China Minmetals Corporation, a Chinese state-owned diversified metals and mining company based in Beijing, and General Manager of Minmetals Exploration & Development Co. Limited. Mr. Wang is also a Fellow of AusIMM, a member of National Sustainable Development of Land Resources Strategy Team, an executive director of Chinese Society on Economics of Geology & Mineral Resources, an executive director of Chinese Association of Mineral Resources Appraisers, a chairman of China Mining Association and a guest Professor of China University of Geosciences. Previously, he was the Deputy General Manager of the China National Geological Mining Corporation and worked for the Changchun Institute of Geology and a number of companies. Mr. Wang graduated from the Changchun Institute of Geology and holds a Master’s degree and title of Research Fellow.

	Hua Bai *Director* Hua Bai is a businessman in China with more than twenty-five years of investment and commercial experience. In the early 1990s Mr. Bai founded an architecture and interior design firm in China winning a number of architectural awards. Mr. Bai commenced his career in mining exploration in North America many years ago and is currently the chairman of Northern Star Minerals Ltd. Mr. Bai has a degree in Architecture from Chongqing University in China.

	Yiyan Chen *Director* Mr. Chen currently serves as senior investment manager of Baosteel Resources Co., LTD. He holds MBA degree from the University of Tsinghua. He has worked for Baosteel Group for 15 years and has extensive experience in business strategic planning, investment and assets management in steelmaking up and down stream industries.

	Jianlong Yang *Director* Mr. Yang currently serves as a senior investment manager of Baosteel Resources (International) Co., LTD. He is an intermediate economist, holds a master’s degree of Geophysics from Nanjing University in China. He has worked for Baosteel Resources for 7 years and has extensive experience in mining technology, assets acquisitions, investment management, base-metal trading in the areas in which Baosteel Resources operates.