Top 20 Shareholders, page-6

Background*

Dr. James Anthony Ellingford, D.Mgt, MBA, Post Grad Corp Man, AICD, has been Non-Executive Chairman of MinRex Resources Limited since November 27, 2017 and also has been Director since November 3, 2017. Dr. Ellingford has been Non-Executive Chairman of Victory Mines Limited since November 8, 2011. Dr. Ellingford served as Chairman of Capital Mining Limited. He served as Non-Executive Chairman of Dourado Resources Limited from March 11, 2014 to February 1, 2016 and served as its Non Executive Director from January 9, 2014 to February 1, 2016. He served as Non-Executive Chairman at Zyber Holdings Limited from March 11, 2014 to February 1, 2016 and served as its Director from January 9, 2014 to February 1, 2016. He served as Director of Burrabulla Corporation Limited from January 13, 2016 to August 19, 2017. He has been a Non Executive Director of Hardey Resources Limited (also known as Elysium Resources Limited) since March 3, 2017. Dr. Ellingford’s professional life culminated in being President of an international publicly listed billion dollar business with its headquarters in Geneva, Switzerland and New York, USA. He has vast experience in the international arena and has successfully developed close ties with both financial institutions as well as governments throughout the world. He has been a Non Executive Director of Creso Pharma Limited since November 20, 2015. He served as a Non-Executive Director of Capital Mining Limited from January 8, 2013 to August 6, 2015. Dr. Ellingford lecturers MBA students in Corporate Governance at a leading Sydney University. He holds a Post Graduate in Corporate Management, a Masters in Business Administration as well as a Doctorate in Management.