Board of Directors

Miles Nagamatsu | Director

Mr. Nagamatsu joined Cartier Iron as Chief Financial Officer in 1997, and was appointed to the Company’s Board of Directors in 1998. Mr. Nagamatsu has over 30 years of experience in accounting, management, lending, restructurings and turnarounds. Since 1993, Miles has acted as a Chief Financial Officer of public and private companies primarily in the mineral exploration and investment management sectors. For over 25 years, Mr. Nagamatsu has served as volunteer Treasurer and Director of Cystic Fibrosis Canada. He holds a Bachelor of Commerce degree from McMaster University and is a Chartered Accountant.

John Langton, M.Sc., P.Geo. | Director

Mr. Langton joined Cartier Iron’s Board of Directors in July, 2011. Mr. Langton is a professional geologist with over 27 years of experience in various capacities, and is a co-owner of MRB & Associates, a geological consulting firm based in Val-d’Or, Québec. Over the course of his career, Mr. Langton has been involved with academic investigations and mineral exploration programs for precious- and base-metals, and industrial minerals. Over the past 5 years, Mr. Langton has gained extensive experience identifying and outlining iron resources in the Labrador Trough. Mr. Langton was recently appointed as Cartier Iron’s Vice President, Exploration in December 2012. Mr. Langton obtained his B.Sc. (Geology) from the University of New Brunswick in 1985 and his M.Sc.(Geology) from Queen’s University in 1993.

Alexander Horvath, P.Eng | Director

Mr. Horvath joined Cartier Iron as an independent director on January 10, 2013. Alexander Horvath has over 30 years of wide ranging experience in the base and precious metals exploration business, including 20 years with Asarco Incorporated and its associated international subsidiaries. Mr. Horvath held positions as exploration and underground mine geologist, senior geologist, exploration manager, vice-president exploration and ore reserves audit team leader during his tenure with Asarco and its subsidiaries. Since his departure from Asarco in 2002, Mr. Horvath has provided independent geological technical services to the industry and, in 2006, established A. S. Horvath Engineering Inc. to provide geological compilation, 3D modeling, drill program design, quality assurance/quality control, project management and resource estimation services to a wide ranging clientele of junior explorers to large mining companies. Mr. Horvath currently serves as a Director and Executive Vice President Exploration for Cartier Iron’s joint venture partner Champion Iron Mines Limited (TSX: CHM), an iron-ore exploration and development company. Mr. Horvath is a member of the Corporation’s Audit Committee.

Marcus Moser | Director

Marcus Moser joined Cartier Iron as an independent director on January 10, 2013. Mr. Moser is based out of Switzerland and has over 20 years of in-depth exposure to capital markets in both the public and private sectors and is experienced in fund and portfolio management, investment consultancy, equity research and is a published author of numerous articles in European financial publications. Most recently, and for the past 14 years, Mr. Moser has participated as a founder and managing partner of German and Swiss-based private capital corporate entities.