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Baffinland is a Canadian company that was formed pursuant to Articles of Incorporation under the Business Corporation Act (Ontario) on March 10, 1986. The Company owns three mining leases covering approximately 1,600 hectares in the Mary River area, Baffin Island, Nunavut, Canada. The Company is a mineral exploration and development company with a sole focus on the advancement of its Mary River Property, which consists of four high-grade hematite/magnetite deposits (the “Project”). The Project is in its early stages after having been originally discovered and studied in the 1960’s. Notwithstanding current global recessionary conditions, which have significantly impacted the European and North American commodity markets, iron ore market trends are still seen as favourable. Although current iron ore prices have decreased by approximately 30% since the downturn began in late 2008 it is the opinion of the Company’s management that prices are likely to rebound somewhat in the next year. In addition, iron ore and steel industry consolidation continues. Since 2004, Baffinland has been engaged in a wide spectrum of activities supporting the development of the Mary River iron ore deposits. These activities have included the delineation of mineral resources and estimation of mineral reserves, extensive metallurgical testing of the iron ore, field engineering data collection, environmental and socio-economic baseline studies, and evaluation of shipping lanes. A bulk sample was shipped to two key customers in Europe in 2008. The DFS, coordinated by Aker Solutions was completed in 2008, followed by initiation of the regulatory review process and basic engineering design. As a result of the current world economic outlook and the Company’s current resources, basic engineering and other technical support services were suspended in December 2008 and a review of the proposed Project timeline was initiated. Re-initiation of engineering and related technical support services will be contingent on the Company raising funds to complete such activities. As a result of a decision from the Minister of Indian and Northern Affairs Canada in reference to the regulatory review process, in 2009 the Company is pursuing the terms of reference guiding the submission of an Environmental Impact Statement, the submission of which will be contingent on further financing. In the meantime, a modest exploration program is underway to continue development on Deposit No. 1.

From pig iron to animal feed, Balli Group trades a little bit of everything. Through subsidiaries Balli Steel and Balli Trading, the group trades and distributes steel as well as aluminum, chemicals, office products, agricultural goods, and other commodities. Flat-rolled steel makes up about half of total steel sales. Chemicals and aluminum account for the majority of the company's non-steel trading business. Established in 1991, the trading house has grown through the acquisitions such as Klockner Steel Trade (2000), Comvex (2002), and RXI (2003). Comvex is a bulk handling terminal in the Black Sea. Balli also operates alumina refineries and aluminum rolling mills.

Banro is constructing a "Phase 1" gold mine at its wholly-owned Twangiza gold property located near the city of Bukavu in the Democratic Republic of the Congo (the "DRC"). Scheduled for completion in late 2011, this gold operation is designed to produce 100,000 + ounces of gold per year, with future expansion to 300,000 + ounces of gold per annum. With Proven and Probable Reserves of 4.54 million ounces of gold, Twangiza already hosts a major gold resource and offers several promising new targets for exploration and future resource expansion, including Ntula, Mufwa, Tshondo, Luhwindja and Kaziba. The results of a full feasibility study of Twangiza were announced in January 2009 and updated in June 2009. Banro's pipeline includes three additional, wholly-owned properties, each with mining licenses, along the 210 kilometre long northeast to southwest trending Twangiza-Namoya gold belt in the DRC. Banro's second major project is Namoya, where a scoping study was completed in July 2007; the Namoya Pre-Feasibility study is due for completion in 2010. Exploration is also ongoing at Lugushwa, where a Scoping Study is planned for completion in 2010. A "desktop" analysis of the Kamituga project was completed in 2009 and it is planned to begin exploration at Kamituga in 2010. The Company has so far identified 6.72 million ounces of Measured and Indicated Resources, plus Inferred Resources of 4.46 million ounces. In addition to its current properties, which have mining licenses and cover 2,613 square kilometers, Banro in 2007 was awarded 14 exploration permits covering 2,638 square kilometres and located on highly prospective ground between its Twangiza and Lugushwa projects. Applications for additional PRs contiguous to and located between the Company's Lugushwa and Namoya projects, along with areas south of Twangiza, are pending.

Bard Ventures Ltd. ("Bard") or (the "Company") is a junior mining and exploration company with mineral interests in British Columbia and Ontario. The Company is publicly listed on the TSX Venture Exchange under the symbol "CBS". In British Columbia, Bard holds the option to acquire a Lone Pine molybdenum prospect of 1,051 hectares, located in the Omineca Mining Division 15 km northwest of Houston, B.C., as well as an option to acquire the nearby Grouse Mountain zinc-copper-silver-molybdenum prospect, consisting of 7 claims. The Company also has an option with Selkirk Metals Corp. to earn a 50% interest in the Wasi Creek zinc-lead-silver prospect, located 150 km northwest of Mackenzie, also consisting of 7 claims. At January 2009, Lone Pine had measured and indicated resources of 110,340,000 tonnes grading of 0.083% molybdenum, containing 201,733,000 lbs molybdenum. In Ontario, Bard holds a 50% interest in the Opikeigen gold prospect located 145 km east of Pickle Lake. The interest is shared 50/50 with Slam Exploration Ltd. Bard's exploration philosophy is to develop high priority molybdenum targets in established areas and to work with quality joint venture partners to advance the projects. In the Omineca mining division, Bard continues to work on high priority molybdenum and Rhenium targets with the goal of advancing them to the stage where a high quality joint venture partner can be brought in to advance the projects to the next level. Targets on the Lone Pine Property include previous high grade molybdenum values as well as new high grade molybdenum targets developed by Bard's crew. Bard plans to build the company based on its technical expertise and high quality joint venture partnerships.

The Goldstrike Complex is located on the Carlin Trend, the most prolific gold mining district in the Western Hemisphere, about 60 kilometres northwest of Elko, Nevada, USA. The Goldstrike operations consist of the Betze-Post open pit mine and the Meikle and Rodeo underground mines which are located just north of the Betze-Post pit, along the same mineralized trend. The Betze-Post pit is a truck-and-shovel operation using large electric shovels. Meikle is a high-grade ore body which is mined by transverse longhole stoping, underhand drift and fill mining methods. Rodeo is a further extension of the mineralization found at Goldstrike and is a trackless operation, using two different underground mining methods: long-hole open stoping and drift-and-fill.The Goldstrike Property consists of two processing facilities: (1) an autoclave circuit, which is used to treat the property’s non-carbonaceous sulfide (refractory) ore; and (2) the roaster, used for treating carbonaceous ore (not suitable for autoclaving). These facilities treat ores from both the surface and underground operations.In 2009, the Goldstrike Property produced 1.36 million ounces of gold at total cash costs of $464 per ounce1. Goldstrike’s estimated proven and probable mineral reserves as of December 31, 2009 were 12.2 million ounces of gold2.

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