X-Terra believes the Utica shales exhibit excellent rock properties comparable to established shale gas plays like the Barnett Shale play in Texas. The economics of the Utica shales could be more attractive than other similar shale gas plays because of its shallower depth and close proximity to northeastern gas markets.With the improvement in horizontal drilling and completion techniques, shale gas development has now become economically viable. The Utica shale gas play in Québec is unique with the presence of several juniors that initially established large land positions in the basin. There is significant leverage for successful development of the play through the junior companies involved.Among the seven juniors that are exposed to the Utica shale gas play in Québec, we believe X-Terra offers a very good upside leverage through its acreage holding in the “sweet-spot” of the Utica shales.

NUINSCO RESOURCES LIMITED (TSX: NWI) is a growth-oriented, multi-commodity mineral exploration and development company that is focused on uranium, copper, zinc and gold exploration and development in world-class mineralized belts in Canada, Turkey and potentially in Egypt. In addition to its property holdings, Nuinsco owns approximately 9% of the outstanding common shares of Gold Hawk Resources Inc. (TSXV: GHK) and approximately 2% of the outstanding common shares of Victory Nickel Inc. (TSX:NI). These equity investments can be monetized to finance future exploration and minimize dilution for shareholders. The Company is also a secured lender to Campbell Resources Inc. in an amount of approximately $7 million. Nuinsco also has a 10% royalty interest in, and a 50% interest in future cash flows from, Campbell’s Corner Bay copper deposit in Quebec.

Harry Winston Diamond Corporation is a premier specialist diamond company focusing on the mining and retail segments of the diamond industry. Harry Winston Diamond Corporation Company supplies rough diamonds to the global market through its ownership of a 40% interest in the Diavik Diamond Mine, located in Canada’s Northwest Territories. At the other end of the diamond industry, Harry Winston Diamond Corporation owns Harry Winston Inc., the premier diamond jewelry and watch retailer.Utilizing this unique position in the industry, Harry Winston Diamond Corporation is able to leverage its supply of rough diamonds to secure a reliable source of the high-quality polished diamonds required by its retail subsidiary, Harry Winston Inc. By linking the production and retailing of diamonds, Harry Winston Diamond Corporation benefits from the market synergy created between rough diamond producer, polished diamond buyer, and retailer of fine diamond jewelry.

Benguet Corporation was established in 1903, pioneering the first major mining operation in the Philippines. It spearheaded a consolidation and expansion of gold mines as well as the diversification in other mineral products like copper, chromite and lime. Until the late 1980s, Benguet Corporation was known as the biggest gold mining company in the Philippines and the 16th largest in the world. Similarly, it's chromite operation in Masinloc, known internationally as "Masinloc Ore", and its highly profitable Dizon Copper Gold operation in San Marcelino, Zambales were the largest in the country. The inspiring history of the company reveals a potent organization with a distinct capability to overcome and survive extremely difficult circumstances, such as World War II, countless natural disasters, political upheavals and cyclical economic conditions. Over the past 100 years, Benguet has built up its professional reputation as the colossus of Philippine mining. This is evident in its hardy pioneering spirit, introducing modern technology and innovative mining practices which have become models of the industry, through its mutually beneficial labor relations and support for its workforce and families to build better lives and progressive communities.Through corporate consolidation and forward-looking management strategies, the company hurdled each time, the obstacles of growth to become the company's premier mining company for the most part of 20th century. This can be credited to its enlightened and competent leaders and its pool of dedicated and talented employees, who have distinguished themselves in the industry. Benguet Corporation will continue to do what it knows and does best which is natural resource development. Aside from its core business of mining and mineral exploration, the company and its subsidiaries will be actively engaged in land and water resource development, construction, engineering and technical services, forest management and eco-tourism, while maintaining its interest in allied industries such as steel casting, trucking and warehouse management, and trading. For the 21st century, Benguet Corporation has set its vision to be the leading total natural resource development and services conglomerate, imbued with zest and determination to transform its assets into trailblazing projects that build upon the heritage of the Company.

Capital Gold Corporation is a producing gold mining company. Capital Gold owns and operates the El Chanate open pit gold mine in Sonora, Mexico, which is currently producing at an annualized rate of over 60,000 ounces. The Company achieved profitability within six months of operation and, today, is one of the lowest cost gold producers. Capital Gold is increasing gold production at their El Chanate open pit gold mine and is now looking to grow their presence in Mexico, with the goal of becoming the next mid-tier producer in Latin America.

While Highveld Steel and Vanadium was once one of the world's leading producers of vanadium, now that it's a part of Russian steel producer Evraz, it's concentrating more on its steel assets. Highveld Steel mines its own ore for its steelworks, which produces plate, coil, billets and slabs. Those products go to the construction, shipbuilding, and rail industries, among others. Until the 2008 disposal of most of its vanadium operations, Highveld had gotten about a third of sales from that unit. But since 2006, Highveld Steel company has sold most of its ferro-alloy businesses as well as its 50% stake in South Africa Japan Vanadium and wholly owned subsidiary Vanchem.

Intrepid Potash, Inc. has become the largest producer of potash (potassium chloride) in the United States. In addition, it produces three valuable byproducts: Solar Salt, Magnesium Chloride brine and Sulfate of Potash Magnesia.Potash is a critical fertilizer, providing one of eight essential nutrients and is vital to the creation of protein. It is necessary and widely used to grow corn, wheat, soybeans, potatoes, hay and numerous other crops. The United States currently imports almost 85% of its potash needs.Headquartered in Denver, Colorado, Intrepid Potash, Inc. has two production facilities in Utah and three in New Mexico. These subsidiaries are named: Intrepid Potash - Moab, LLC, Intrepid Potash - Wendover, LLC and Intrepid Potash - New Mexico, LLC. These companies collectively employ approximately 745 people.Intrepid's top priorities are safety and long-term protection of the environment. We know this can work in concert with sustainable, low cost production. Each facility has extensive ore reserves. Intrepid Potash, Inc. is on the leading edge of solution mining technology, having successfully designed, drilled and placed into production the first horizontal potash caverns in the world at its Moab, Utah facility. This technology will soon be implemented at our Carlsbad complex, producing several hundred thousand low cost, solution mining tons. We have studied and implemented technologies from a variety of industries, oil & gas, hard rock mining, metals processing and more. We have extensive growth opportunities at every Intrepid facility. Our five year plan focuses on these internal opportunities, increasing production while decreasing costs and upgrading all facilities for our future.

Jubilee Platinum plc (the “Company”) is a mining exploration and development company with a focus on platinum group elements (PGE) and nickel/copper.The Company’s prime asset in South Africa is the Tjate Platinum project, in which it has a 63 % beneficial interest. The project covers some 5140 hectares and is downdip of existing Anglo Platinum’s Twickenham and Impala Platinum’s Marula operations. The project’s exploration area has been independently estimated to be a target for potentially some 65 million oz (41 million oz attributable) of PGEs (platinum group elements) and gold net of geological losses. Jubilee is also looking to capitalise on the vast untapped mineral wealth of Madagascar, where it is exploring the Ambodilafa nickel/copper/PGM project , which is held in a deferred joint venture with a major Impala Platinum Holdings (Implats) the second largest PGM producer in the world. Jubilee Platinum Company recently acquired Braemore Resources plc a company which holds an exclusive licence to the ConRoast process for the smelting of high chrome PGM concentrates and has rights to process nickel tailings in Australia via a supply agreement with BHP Billiton.Jubilee Platinum Company is investigating several brown-field sites for commercial scale smelter and refining operations.Jubilee Platinum Company has entered into a framework agreement with Sylvania to use its synergies of Jubilee’s ConRoast smelting expertise and Sylvania’s flotation technology on PGM tailings.Jubilee is dedicated to sustainable and socially responsible development and adhering to the highest environmental standards and is also a firm proponent for the role of foreign direct investment as a key form of social development in developing African countries.

Berg Steel Pipe Corporation (BSPC) was founded in 1979 by two companies of the Bergrohr family, a group of German large-diameter pipe companies. In 1992, EUROPIPE GmbH became 100% owner of BSPC. EUROPIPE is headquartered in Mülheim an der Ruhr, Germany and is a joint venture between AG der Dillinger Hüttenwerke and Salzgitter Mannesmann GmbH. EUROPIPE owns large-diameter pipe facilities in Mülheim an der Ruhr (Germany), Dunkerque (France) and Serra (Brazil).The EUROPIPE North American pipe manufacturing operations are represented by BSPC in Panama City, Florida and Berg Spiral Pipe Corp. (BSPM) in Mobile, Alabama.In 1995, eb Pipe Coating, Inc.(ebPC) was was set up and began operations adjacent to BSPC's mill in Panama City, Florida.In addition to the manufacturing operations, BERG EUROPIPE Corp. (BEC) in Houston, Texas, founded in 2007, is tasked with all North American sales and marketing acitivity.

There is more to Dumont Nickel than its name might suggest. Dumont Nickel holds gold, copper, silver, diamond, and uranium mineral properties in Utah, Nevada, Arizona, and Ontario, Canada. Its focus these days is on the acquisition and development of advanced stage North American projects with a focus on gold. After a period of dormancy during most of the 1990s, Dumont Nickel resumed exploration and mining activities in 1998, focusing on base metals and platinum group metals in the Raglan Area, Quebec, as well as the Attawapiskat diamond property in the James Bay area of Ontario. Dumont Nickel was originally incorporated in 1954.

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