Michael Davies

Part of Qmetco Ltd., Alumicor SA Holdings Pty Ltd. provides aluminum dross smelting services through its wholly-owned subsidiaries. The company is based in Pietermaritzburg, South Africa. The CEO of the South African company is Terence Michael McConnachie.

Taurus Funds Management Pty Ltd. provides investment services. The company was founded in 2006 and is headquartered in Sydney, Australia.

New Holland Capital Pty Ltd. provides corporate advisory services. It focuses on providing corporate, strategic, project, and debt advisory services to the natural resources industry. The company is headquartered in Sydney, Australia.

Part of Qmetco Ltd., Realm Resources (Pty) Ltd. explores and mines for natural resources. Realm Resources (Pty was acquired by Morning Star Holdings (Australia) Ltd. on November 30, 2009 for $10.42 million.

US Masters Holdings Ltd. is an investor group led by Mr. Michael Davies. The private company is based in Sydney, Australia.

Qmetco Ltd. operates as a mineral resource company, which engages in platinum exploration and development which focuses in projects located in Indonesia and South Africa. It operates through the following geographical segments: South Africa, Australia, and Indonesia. The South Africa segment refers to Alumicor, Masedi Platinum, and the Nkwe Platinum projects. The Australia segment include Foxleigh Coal operations. The Indonesia segment consists of PT Katingan Ria. The company was founded on January 30, 1987 and is headquartered in Brisbane, Australia.

Taurus Funds Management Pty Ltd. (Investment Management) (Taurus-IM) is a natural resources investment holding firm headquartered in Sydney, Australia. Founded in 2006, Taurus-IM manages investment products in mining and precious metals for institutional and high-net worth investors. The firm is a responsible investor and signatory to the UN Principles for Responsible Investment (UNPRI).