On October 25, 2013, the Board of Directors of Braeden Valley Mines, Inc. appointed Mr. Carlos Jose Gil, 44, as a new director of the company, effective as of October 25, 2013. Mr. Gil shall hold office for a term expiring at the 2013 Annual Meeting of the company's stockholders, which is scheduled to be held on November 18, 2013. From 2012 to 2013, Mr. Gil served as a Managing Director of Porsche Car Spain.