Herringer International – Ensuring Strategic Solutions At Herringer International you can expect dynamic solutions that enhance our financial services. Built around the needs of its clients, Herringer International is a professionally managed boutique alternate investment advisory, wealth management, and corporate advisory firm offering useful, reliable and diverse services, in wide ranging areas. Our corporate advisory arm specializes in private Equity Placements/JV and Alternative Finance of Precious metals and Base Metal and Core Resources Companies. Recently we have added mandate for Biotech and Oil& Gas companies to our portfolio. Expanding our portfolio, we also assist Global & Indian companies acquire JV Stakes, Offtakes based on equity investments made or Royalty agreements in globally located Precious PGE and Base metals, Iron ore, Ferro metals projects. Established a decade ago, in 1997, Herringer International provided extensive and informed investment advice to individuals and institutions in the Asia-Pacific regions. Its strategic association with IFA’s in India and China, along with resources focused investment banks in Australia, and other international fund houses (covering all asset classes) gives it a strong foundation. Its global reach and knowledge also helps the company stay current on solution offerings. A member firm of the Herringer Business Group with proven track record of more than

35 years in the field of plastic pigments, herbal pesticides, finance & cast polyester. Before embarking into investment, it was engaged in International IT Recruitment between August 1997 until Dec 2001. Its business areas spread across the New Zealand and Singapore. Its founder Harshvardhan M Sukhatme has led the vision of Herringer International. An BSc(Chemistry major with Geology minor)MBA Finance from India’s top business school he is a registered as certified mutual funds advisor with SEBI (regulator similar to SEC USA) through Association of Mutual Funds India. He also is the Managing Director of Herringer Bright Chemicals Pvt.Ltd., since the February 2006. He was a special delegate at a few international commodity conferences in recent years. Services: Corporate Finance Focused on the Mining Sector – Bringing Measurable Growth –Since 2004 Backed by solid experience, Herringer is supported by financial & industry knowledge, and strategic relations with mining houses, merchant banks focused primarily on resources sector from Australia,UK etc. This gives the capability and reliance to advise clients in this core activity. Herringer bridges the Australian/Global banks & mining companies rich in resources to find strategic alliance and offtake partners, primarily from India,APAC. Over the years, Herringer has established solid relationships & contacts with mining groups and consumers of metals. It also takes advantage of the well established relationships with natural resources funds, Corporate Houses ,PE Groups from UK,Europe,Australia, Singapore and South Africa, America. Our clients have appreciated this deep market expertise, coupled with highest quality of service globally. Herringer has added more vigor to the activity making it a respected name in the sector. Some its activities in this have been:

Raising Capital via private placement of equity and convertible debt for Australian and Canadian mining companies in precious metals and base metal production /exploration

Identifying JV and Production offtake finance partners for Australian /,Canadian etc companies in Gold/Silver/Precious metal Coal/ Iron Ore/Ferro metals etc.

Helping precious metal mines to acquire finance using the NSR royalty, Gold loan models. Herringer has been in regular touch with one of the leading royalty and gold loan financiers USA. Europe etc The Wide ranging Expertise

Asset Disinvestment Asset Acquisition Private equity and debt raising advice from resource financiers Corporate and Strategic Advice Production offtake/Royalty agreements

Successful transaction summary of Harshvardhan Sukhatme 1. Pigment blends and Toners related experience as MD since 2006.Herringer Bright Chemicals is my family owned business and I have full exposure to all aspects of custom pigment manufacturing and management thereof. 2. Founded and managed for 3 years Composite-Solid Surface (similar to DuPont CORIAN) making company called Granart . 3. Was member of Strategy and operation (field trials assessment) team at Herringer Bright Chemicals during 1989-1993 for globalization of Non Toxic Herbal pesticides called INDIARA. The team managed to secure licensing and marketing partners with investors and strategic distributors in Malaysia and Philippines, Holland, Germany. 4. Advised Australian PE Group on acquisition of a Niobium project in Tanzania. The deal is valued at 30Million dollars to be spent on advancing the project from JORC resource to BFS –production. 5 .Deal originator Member of DD team for Iron Ore miner from India to acquire Iron Ore mine in WA and Magnetite Pellet making plant in Malaysia 6. Advised leading Indian steel maker to acquire significant interest and negotiate offtake of Chromite used to make Stainless Steel and Ferrochrome with Albanian Project owners (who were Australian taking the company for ASX listing. 7. Advised Asx listed Coal producer to find Strategic Equity-Offtaker (power Plant) investor. Accordingly 3.5Million were invested in IPO and an Offtake agreement of @14MT of High GCV Thermal Coal was signed. 8. Advised a Gold producer in Brisbane to raise 7Million Dollars equity and on various deal structures of JV/Royalty.Advised other two other private gold producers to raise around 700K$ equity. Introduced 2.5Million AUD as Equity to an emerging ASX listed Gold development company via associates in Perth. 9. Raised AUD200K for a Shale Oil technology company based on Kendall Process. Blue Ensign owns the international patents and all other intellectual property of the innovative RENDALL process technology for production of pipeline able synthetic crude oil (SCO) from kerogen in oil shale. The RENDALL process has a number of major advantages over existing oil shale processing technologies, namely,

· approximately double the yield of high-quality synthetic crude oil than from retorting technologies · environmentally benign with no toxic waste of effluent and minimal need, if any, for process water · no limitations on scale up to large units

Secondly, it holds a 100% interest in Mining Development Licences over the richest portion of a large oil shale deposit near Julia Creek in Northwest Queensland. Blue Ensign has total Indicated and Inferred JORC Resources of 895 million barrels of shale oil based on Modified Fischer Assays, and potentially equivalent to 1.5-2 billion barrels of synthetic crude oil using the high-yield RENDALL process. Contact details: