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Canada | CFO Moves – week ending December 5, 2014

Tracking CFO Movement Across Canada.

Lakeland Resources Inc. (TSX-V: LK) announced the appointment of Jody Bellefleur as Chief Financial Officer for the Company. Ms. Bellefleur has been Chief Financial Officer of Zimtu Capital Corp. since June, 2013 and has been with the Zimtu group of companies since 2008. Ms. Bellefleur replaces Sam Wong who has resigned.

Royal Nickel Corporation (TSX: RNX) announced that its CFO, Fraser Sinclair, is leaving effective December 31, 2014. Tim Hollaar will be appointed the new CFO of RNC effective January 1, 2015. Mr. Hollaar will join RNC from North American Palladium Ltd. (“NAP”). Prior to being the Corporate Controller at NAP, he held a number of senior finance and marketing positions at RNC, Norilsk Nickel International, Vale Inco Limited, BHP Billiton and WMC Resources Marketing.

Target Capital Inc. (TSX-V: TCI) announced that Kristoffer Moen has been appointed the new Chief Financial Officer for the Company. Mr. Moen replaces Ryan Hoult whose employment with the Company ceased.

ACT360 Solutions Ltd. (TSX-V: AKM) announced the appointment of Charles Jenkins as the Company’s Chief Financial Officer. Mr. Jenkins has served as the Chief Financial Officer for a number of issuers, most recently Evolving Gold Corporation and Naturally Splendid Enterprises Ltd.

Excelsior Mining Corp. (TSX-V: MIN) announced the appointment of Carlo Valente as Chief Financial Officer. Mr. Valente currently leads the multi-disciplined Business Development team at King & Bay West (“KBW”) and is the CFO of two junior mining companies under KBW’s management. He was previously a Managing Director in the Deals group of PricewaterhouseCoopers (PwC). Sonya Atwal has resigned as Chief Financial Officer.

QLT Inc. (TSX: QLT) announced that Sukhi Jagpal, Chief Financial Officer of the Company, has notified the Company that he is leaving to pursue other opportunities. Mr. Jagpal will continue in his current role through January 26, 2015.

Eyelogic Systems Inc. (TSX-V: EYE) announced that Kristoffer Moen has been appointed the new Chief Financial Officer for the Company. Mr. Moen is currently a director for the Company. Mr. Moen replaces Ryan Hoult whose employment with the Company ceased.

Andrew Peller Limited announced that Brian D. Athaide has been appointed Chief Financial Officer and Executive Vice President Human Resources and Information Technologies of the Company effective January 5, 2015. In conjunction with this appointment, Peter Patchet, Chief Financial Officer CFO and Executive Vice President Human Resources, will be retiring January 5, 2015. Mr. Athaide comes to the Company following a distinguished and successful twenty-five year career with Proctor and Gamble (“P&G”), most recently as Finance Director and Chief Financial Officer of P&G Eastern Europe and Central Asia.

San Marco Resources Inc. announced the appointment of Bernie Zacharias as the Company’s Chief Financial Officer. This appointment follows the resignation of Julie Capstick from the positions of CFO and Corporate Secretary. Bernie Zacharias is a managing partner and founder of Avisar Chartered Accountants. He has worked extensively with, and has served as CFO for, various mineral exploration and development companies on the TSX Venture Exchange.

Divestco Inc. (TSX-V: DVT) announced the appointment of Danny Chiarastella as Chief Financial Officer. Mr. Chiarastella served as Divestco’s Vice President, Finance since 2009 and prior to that as the Company’s Controller and Manager, Financial Reporting. Before joining Divestco in 2003, Mr. Chiarastella was a financial analyst at Precision Drilling Corporation and Controller at Integrated Production Services Ltd.

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