Kurt Budge

Grafintec Oy focuses on developing a portfolio of mineral properties within the Fennoscandian Shield. The company was founded by Rasmus Blomqvist on April 5, 2012 and is headquartered in Naantali, Finland.

Merchant Securities Ltd. (MSL) is the Great Britain-based brokerage and investment management subsidiary of Sanlam Securities UK Ltd., ultimately held by Sanlam Ltd. (JSE: SLM) in South Africa. The firm was established in 2009 when Merchant Securities Group Ltd. and John East & Partners Ltd. merged. Headquartered in London with an office in Manchester, MSL provides a full range of financial services including investment management, institutional research, trading, corporate finance and brokerage for a range of clients including small and mid-cap companies, high-net worth individuals, pension funds and trusts.

Coalfield Resources Plc operates as a investment holding company. The company was founded on September 27, 1991 and is headquartered in Sheffield, the United Kingdom.

Pala Investments AG is an independent investment firm established in 2006 and based in Zug, Switzerland. Pala is an international alternative investment manager specialized in the natural resources sector. The firm manages Jersey-registered investment vehicles.