Management

Dennis Stover, Chief Executive Officer

Dr. Stover has a 40-year career focused on direct involvement with commercial uranium exploration, project development and mining operations. Until his retirement in 2011, Dr. Stover served as executive vice-president, Americas, for Uranium One Inc., where he oversaw commercial development of Uranium One’s substantial U.S. uranium assets, as well as other uranium assets in the Americas. Previous to this position, he served as chief operating office for Energy Metals Corp. (EMC) and was instrumental in advancing its U.S. assets prior to its sale to Uranium One, Inc.

Before joining EMC in 2004, he lead a private consulting firm which provided technical services to both domestic and international uranium mining ventures including a detailed process design for a large acidic in-situ recovery (ISR) operation in Asia, plans for a proposed ISR mine in the USA, and a number of other projects throughout the world. From 1989 until 2002, he served as Vice President, Engineering and Project Development for Rio Algom Mining Corp. While with Rio Algom, Dr. Stover directed a total revision of Mineral Resource and Reserve calculation methods to conform with revised SEC and international reporting requirements. In addition, he lead the commercial development team for the Smith Ranch ISR Project in Wyoming Prior to joining Rio Algom, he served as Chief Engineer for Everest Minerals Corporation for 11 years and was responsible for design of the Highland ISR Uranium project as well as several smaller commercial uranium operations in Texas.

Dr. Stover holds BSC, MSC, and PhD degrees in Chemical Engineering from The University of Michigan as well as a BA in Chemistry from Kalamazoo College. An author of numerous papers regarding In–Situ Uranium Recovery, he has co-authored three IAEA Guidebooks and Manuals related to both Acidic and Alkaline Uranium ISL technology. He is the author of six United States Patents concerning various aspect of in situ recovery of uranium and reservoir restoration. Dr. Stover is a member of numerous professional societies.

Scott Davis, Chief Financial Officer

Mr. Davis is a partner of Cross Davis & Company LLP Chartered Professional Accountants, a firm focused on providing accounting and management services for publicly-listed companies. His experience includes CFO positions of several companies listed on the TSX Venture Exchange and his past experience consists of senior management positions, including four years at Appleby as an Assistant Financial Controller. Prior to that, he spent two years at Davidson & Company LLP Chartered Accountants as an Auditor and five years with Pacific Opportunity Capital Ltd. as an Accounting Manager.

Dr. Douglas Underhill, Chief Geologist

Dr. Underhill is a consulting geologist with 40 years of international experience with natural resource exploration, development and analysis, 30 years with a specific emphasis on uranium. He is an internationally recognized uranium expert, with broad based knowledge in all phases of both commercial and International Atomic Energy Agency (“IAEA”) uranium programs. His specialties range from world uranium geology and resources, resource estimation, through ISL technology and supply-demand analysis.

From 2001to the present he served as a Certified Professional Geologist and Consultant, and his clients included Energy Metals Corp., Denison Corp., OECD/Nuclear Energy Agency, Encana Corporation, Uranium One Inc., IAEA, and Crosshair Exploration and Mining Corp. Additional assignments include due diligence, feasibility and other company confidential evaluations.

From 1993 to 2000 he served as a Uranium Resource and Production Specialist with the Nuclear Fuel Cycle and Waste Technology Division, IAEA in Vienna, Austria. From 1986–1993 he served as Senior Consultant for NAC International, Norcross, Georgia and was the Principal for NAC’s USA System© uranium project data base, including resources, annual production and production costs for all major uranium deposits worldwide.

Dr. Underhill has a PhD Geology from McMaster University (Ontario, Canada); an MBA from Colorado State System (USA); an MSc Geology from McGill University (Montreal, Canada); and a BA Geology from the University of Connecticut (USA). He has made presentations on uranium resources, production and supply-demand on five continents, and advised governments, including the USA, Australia and China, on uranium resources and production technology.

Mr. Gordon R. Peake, Director of Lands
Mr. Peake previously served as Vice‐President of Lands for Uranium One Americas, Inc. from 2007 to 2010 and with Energy Metals Corporation (US) from 2004 until 2007. He brings over 40 years of experience in natural resource exploration, development and production having worked with major and junior mining companies acquiring and managing surface and mineral rights for uranium and other metals. He is familiar with all aspects of land ownership and title including negotiating leases, options and joint ventures. Mr. Peake has also worked with Amax Exploration Inc., Amax Coal Company, Getty Mining Company, Homestake Mining Company, Texas Gulf Sulphur Company and Barrick Goldstrike Mines.

Mr. Peake has a Bachelor of Science degree in Business Management and a degree in Mining from the British Columbia Institute of Technology. He has a Certified Professional Landman designation from the American Association of Professional Landmen (“AAPL”). He is a member of the AAPL, the Nevada Landman’s Association and the Rocky Mountain Association of Mineral Landmen.