DUCP THE ARX GOLD EXECUTIVE TEAM Brian Smith, Chi

DUCP>> THE ARX GOLD EXECUTIVE TEAM

Brian Smith, Chief Executive Officer
Brian Smith has been appointed CEO of the company. He is also Managing Director of Arx Springs Pty Ltd a
subsidiary company operating in Australia. He has a strong history within the precious mining industry
particularly in Australia. His expertise is focused on development implementation, funding, improvement and
expansion of the mining technology and production.

Tom Verdon, Director
From 2004 to 2010, Mr. Verdon was Head of Bespoke Investment Solutions for Dexia Private Bank Jersey. In
this capacity he managed the Bank's private equity business, as well as establishing a number of key
relationships with Family Offices in the Gulf, Sovereign Wealth Funds and Ultra High Net-Worth Middle Eastern
families.

In 2010, Mr. Verdon joined Deutsche Bank, as a Director of the Bank's African private wealth management
business. During this time, he had responsibility for developing the Bank's private wealth management
business in: Kenya, Uganda, Tanzania, Nigeria and Ghana. He provided advisory insight on private equity
deals to the Uganda Safari Company and TPS Serena Group amongst others and in addition was the lead
advisor to the Central Bank of Lesotho in relation to the fixed income portion of their reserves portfolio.

Mr. Verdon is 48 years old and holds a law degree from the University of Wales. He is a member of the Society
of United Kingdom Investment Professionals and holds the Advanced Diploma in Financial Planning for
Australia.