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Mr. Fowlds Born September 21, 1940, married and has two children. Mr. Fowlds attended the University of British Columbia between 1958 and 1963 majoring in Economics and Political Science. In 1967, Mr. Fowlds became an Ivestment Dealer and worked in all departments of the securities industry, including on the floor of the Toronto and Montreal Stock Exchanges.
In 1969 Mr. Fowlds was appointed Vice-President of a mining company in British Columbia. A year later he became the largest shareholder and Chairman of the Board. Mr. Fowlds restructured the Company and formed Jordan River Mines Ltd.
Mr. Fowlds negotiated financing to place the Company's copper/gold/silver property situated at Jordan River on Vancouver Island, British Columbia, Canada into production. Jordan River Mines, Ltd. had a plant capacity of 1500 tons per day employing in excess of 200 employees. Copper, gold and Silver production from the mine was sold under contracts negotiated by Mr. Fowlds to smelters in both Germany and Japan.In the '80s, Mr. Fowlds diversified into the oil and gas industry and was Chairman of the Board of several public and private oil and gas companies. As a financial consultant to Companies during this period Mr. Fowlds raised millions of dollars for exploration and development of land parcels in the oil and gas industry in Louisiana, Texas, California and two multi-million acre Government Concessions in Papua New Guinea. In 1989, as a result of the downfall of the world price of oil and gas, Mr. Fowlds changed the direction of the Company to Telecommunications, voice technology and the PC computer industry. The Company developed the E.T. _TeleManagement_ 1 900 and 1 800 and VoiceMail systems, raising more than $5 million for research, development and marketing.
From 1996 until the present Mr. Fowlds returned to the Oil & Gas industry. The potential of the hydrocarbon Concessions in Paraguay and other opportunities in the Oil & Gas industry have continued to be the main focus of the Corporation from that time until the present.
Mr. Fowlds is a Founder Member of the Tournament Players Club at Sawgrass in Florida and is a strong supporter of golf charities and amateur golf. | 