Peter Nixon

Independent Director & Chairman

Upon graduation from McGill University in 1968 (major in economics and history) Mr. Nixon joined the Research Department of Baker, Weeks and Co, a prominent Institutional Wall Street brokerage, where he began his career as a research associate as a member of the Oil and Gas Research team in Montreal. He was transferred to Toronto in the early 1970s and joined the Canadian Institutional Sales and Trading team as one of its founding members. Through the 1970s, Mr. Nixon was actively engaged in the coverage of a number of major Canadian institutional investors. In 1980, Mr. Nixon joined Loewen Ondaatje and McCutcheon, at the time one of Canada’s premier institutional boutiques, where he was responsible for expanding the company’s institutional penetration in the United States, primarily covering those institutional investors that invested in the Canadian natural resources sector. In 1989, he left to become a founding partner of Goepel, Shields and Company. His role there included the start-up of a U.S. subsidiary company. Until 1998, he was President of Goepel Shields USA Inc. During that period, he provided coverage of a number of the leading natural resource investors in Canada and the U.S. In 1998, he was hired by Dundee Securities to establish a US subsidiary, Prior to leaving in December of 2000, he was President of Dundee Securities USA Inc., where he continued his coverage of a number of US - based resource funds.

Since 2001, Mr. Nixon has served on the boards of a number of publicly traded junior mining companies. Currently Mr. Nixon is also on the Board of Dundee Precious Metals, Reunion Gold Corporation and Stornoway Diamond Corporation. Mr. Nixon also served on the Boards of Ariane Gold Corp which was acquired by Cambior Inc. in November 2003 and Miramar Mining Corp which was acquired by Newmont Mining in December 2007.

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