Mr. Monaghan, age 52, has been active in the mining industry since 2005, as a director of UC Resources Ltd. Mr. Monaghan has over 25 years of senior management experience in the communications industry working for companies such as Shaw Communications, Rogers Communications, and MDU Communications. He was the President and founder of MDU Communications Inc. (OTCBB: MDTV) from September 1998 to May 2001. Mr. Monaghan is a Director of Encap Investments Inc. a capital pool company (TSX-V: ENC.P) and Wind River Energy Corp (TSX-V: WVR) a natural gas company.

For the past decade, Mr. Monaghan has been operating his own consulting company and has provided services to various companies from initiating company start-ups and financings to union, legal or contract negotiations and determining successful administration, marketing and operations within companies. .