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Mr. Carter is a Vice President of both KHD Humboldt Wedag International Ltd. and Mass Financial Corp. (the former merchant banking arm of KHD Humboldt Wedag International Ltd. that was spun out to its shareholders in January 2006). He is a Chartered Accountant with over 35 years experience in both the private and public business sectors. In addition to normal investment banking activities, he specializes as a principal on behalf of Mass Financial in designing, managing and implementing corporate and debt restructuring. His experience encompasses both North American and European investment banking and capital markets, with particular expertise in emerging markets and the natural resource sector. Mr. Carter was based in Europe from 1998 to 2005 and oversaw the acquisition, restructuring and ongoing operations of two major corporate groups in particular. One of these, MFC Commodities GmbH, is a commodities trading company based in Vienna, while the other, KHD Humboldt Wedag AG, is the third largest industrial design, engineering and fabrication group in the cement industry world wide. Mr. Carter is also a director of VSM MedTech Ltd., Minco Gold Corporation. | 