Warren Newfield - Chief Executive Officer and Chairman
Mr. Newfield has been Chief Executive Officer of CIC Energy since late 2007. He is the founder of CIC Energy and has served as a Chairman since its inception. Mr. Newfield is the founder and Chairman of Tau Capital Corp., a private investment and advisory services company. Mr. Newfield was a co-founder, past President and director of AfriOre Limited. In 2007 this TSX-listed company was sold to Lonmin plc for C$500 million. From 1997 to 2000 he was a director and VP Corporate Development of Platexco Inc. until the company was acquired for C$191 million by Impala Platinum. Mr Newfield is  a director and co-founder of Talon Metals Corp.

Sandra Cowan ^1,2
Ms. Cowan is a private business consultant. From 2001 to 2009 she held the position of Partner and General Counsel at EdgeStone Capital Partners, one of Canada's leading private equity firms. She joined Edgestone with 15 years of legal experience. Prior to Edgestone, she was a senior partner of Goodman and Carr LLP in Toronto. Ms. Cowan received a Bachelor of Laws Degree from the University of Western Ontario. Ms. Cowan currently serves on the Board of Directors of Talon Metals Corp., Eurospec Manufacturing and Tooling, New Food Classics, Specialty Catalog and The Continental Group.

Gregory Kinross - President
Mr. Kinross has been President of CIC Energy since its inception in 2005. Mr. Kinross is also currently the President and CEO of Tau Capital Corp., the founder of CIC Energy. Mr. Kinross was Executive Vice-President, Business Development of Tau Capital Corp. from 2005 to 2007. From 1998 to 2004 he was involved in private equity and investment banking. Prior to 1998, Mr. Kinross spent three years as a Manager at PricewaterhouseCoopers, South Africa. Mr. Kinross, a Chartered Accountant, received a Bachelor of Commerce Degree (With Distinction) as well as a Bachelor of Accountancy Degree (With Distinction) from the University of the Witwatersrand. Mr. Kinross currently serves as a director of Talon Metals Corp., a TSX listed company.

Len Konar ^1,2
Dr. Konar is a Chartered Accountant and has been self-employed since 1998. Prior to 1998, he was an Executive Director for Independent Development Trust for six years. Prior to that, he was a professor and head of the Department of Accountancy at the University of Durban-Westville. Dr. Konar currently serves as a non-executive director to Old Mutual South Africa, the South African Reserve Bank, J D Group, Sappi, Exxaro Resources, Illovo Sugar and Steinhoff International Holdings and as an external audit committee member of the International Monetary Fund in Washington. Mr. Konar received a Masters of Accounting Sciences from the University of Illinois as well as a Bachelor of Commerce (Hons) degree from the University of Durban-Westville.

Blackie Marole
Mr. Marole has been the Managing Director of Debswana Diamond Company (Pty) Ltd. from October 2004 to present. Prior to that, he spent 4 years at De Beers Centenary AG as a Manager and served as Permanent Secretary in Botswana's Ministry responsible for Energy, Water and Minerals for 21 years. Mr. Marole also holds the position of Director of Barclays Bank Botswana. Mr. Marole received a Masters in Economics from Williams College in Massachusetts in 1982 as well as a Bachelor of Arts degree in Economics from the University of Botswana in 1979.

E. Adrian Meyer¹
Mr. Meyer is a Chartered Accountant and the co-founder and President of Cidel Bank & Trust Inc., a private wealth management bank and a trust company. Cidel is now the largest privately owned bank and trust company in Barbados. Prior to this Mr. Meyer held executive level positions in two of the three largest trust companies in Canada. He began his career with Coopers & Lybrand in South Africa after receiving a Bachelor of Commerce with Honours from Rhodes University.

Mendi Msimang
Mr. Msimang is the Chairman of Circle Capital Developments (Pty) Ltd, a private company in South Africa. Prior to this he held senior positions in the government of South Africa and the African National Congress (ANC), the ruling party of South Africa since the country became a democracy in 1994. From 1997 to 2008, Mr. Msimang served as Treasurer-General of the ANC. He also served as South Africa ’s first High Commissioner to the United Kingdom (1995-1998) and as a member of South Africa ’s first parliament where he was elected Chair of the caucus of the ANC. Mr. Msimang has also served on the National Executive Committee of the ANC since 1991. Mr. Msimang was training to be a lawyer at the law firm of Nelson Mandela and Oliver Tambo when he went into exile in 1960, joining Oliver Tambo in London to run the office of the ANC. He holds South Africa’s award for Meritorious Service (Class Silver).

Note:
¹ Member of the Audit Committee
² Member of the Corporate Governance and Compensation Committee