Harold M. Kunik - Trustee
Mr. Kunik has over 16   years experience as private equity and venture capital fund manager and in corporate turn-arounds and restructurings.   He is the President and a director of Mosaic Capital Partners Ltd., the manager of a private equity fund, Chief Financial Officer and a director of First West Properties Ltd., a real estate investment fund and a partner of Agcapita Partners L.P., an agricultural investment firm.  Harold began his career with KPMG Peat Marwick and practiced in both its domestic and international offices.  During his nine year tenure he was involved in corporate restructurings and acted as a corporate consultant and business planner to clients in a broad range of industries and with revenues ranging in size from $1 million to $750 million.  In 1994, Harold joined Western New Ventures Capital Corporation, a private equity firm located in Edmonton, Alberta.  He became a partner with New Ventures and played a key role as Chief Financial Officer and as a director of several of the investee companies.  In 2001, Harold joined Avenir Capital Corporation, a Calgary based private equity fund as Managing Director, Investments and later managed the Avenir Growth Fund.  Harold possesses two professional accounting designations, having obtained his Certified Management Accountant designation in Alberta in 1986 and his Chartered Accountant designation in New Zealand in 1992.

John Mackay - Trustee
Mr. Mackay has over 20 years experience in public markets transactions and as a private equity fund manager.  He is Executive Chairman, Chief Executive Officer and a director of Mosaic Capital Partners Ltd., the manager of a private equity fund, Chairman and a director of First West Properties Ltd., a real estate investment fund and a partner of Agcapita Partners L.P., an agricultural investment firm.  John began his career as a lawyer and was a partner in the Corporate Finance and Mergers and Acquisition practice group at McCarthy Tétrault LLP.  John has advised public and private companies, venture capitalists, private equity funds and underwriters with respect to the structuring and securities law implications of domestic and international private placements, public offerings, corporate reorganizations, mergers and acquisitions.   John was Chair of the Securities Law Subsection of the Canadian Bar Association and past member of the Securities Advisory Committee to the Alberta Securities Commission.  John received a Bachelor of Laws (Honours) from the University of Durham in the United Kingdom in 1993 and has practiced law in Alberta since 1994.

Evan Spiropoulos - Trustee
Mr.Spiropoulos has been active in the investment management business for over 14 years, first in the retail brokerage business followed by 4 years in investment research at Nesbitt Burns. After leaving Nesbitt Burns in December 1999, Mr.Spiropoulos joined Hesperian Capital Management as one of two partners and portfolio managers. In 2002, Mr.Spiropoulos became the Chief Financial Officer of Hesperian Capital Management before leaving the company in April 2004. Hesperian's mandate was to invest in small capitalization companies through its small cap mutual fund and flow through limited partnerships. The small cap mutual fund was consistently ranked in the top 5 small capitalization mutual funds in Canada. Currently Mr. Spiropoulos, through his investment management company, Sophina Capital Management, is the investment manager of a small cap mutual fund named Brickburn Small Cap, and a private equity limited partnership named CPC Diversified Growth LP. Mr.Spiropoulos graduated from the University of Calgary in 1992 with a BA in Economics and received his Chartered Financial Analyst designation in 2000.

William H. Smith, Q.C. - Trustee
WilliamH. Smith, Q.C., is Executive Vice President and General Counsel of Oilexco Incorporated and counsel of McCarthy Tétrault LLP's Business Law practice group in Calgary. Mr.Smith has been practising law since 1977, primarily in business law areas. Mr.Smith is involved in the legal aspects of local, national and international business transactions, including equity and debt financing, complex corporate mergers, takeover bids and asset transactions. He is an advisor to public and private companies, individuals and corporate boards involved in a wide variety of businesses, including technology, manufacturing, finance, resources and services. On public company finance matters, Mr.Smith works extensively with both issuers and corporate finance advisors and represents companies listed on the London Stock Exchange AIM Market, the Toronto Stock Exchange and the TSX Venture Exchange.

Michael Hill - Trustee
Mr. Hill is the President of HIQ Capital Corporation which advises public and private companies in the areas of corporate development, mergers and acquisitions, financing strategies, shareholder communications and strategic and financial planning. Prior thereto he was founding partner of Acumen Capital Finance Partners.

Manuel Santos - Trustee
Mr. Santos is the co-founder and Chief Executive Officer of Beiramar Development Corporation, a private real estate investment company located in Calgary, Alberta. Mr. Santos is also a director of each of the companies in the Beiramar Group, a group of affiliated private companies involved in various areas of real estate construction and development.