At April 30, 2010, the Company’s investments consiIssuerNoteSecurity descriptionCostEstimatedFair value% of
FV2236967 Ontario Inc.*(iv)5,000,000 common shares250,000$ 250,000$ 0.4%
Alderon Resources Corp.(iii)500,000 common shares500,000 1,000,000 1.7%
Allana Resources Inc.(i,ii)4,500,000 common shares924,222 4,225,338 7.1%2,000,000 warrants expire May 22, 20112,375,000 warrants expire June 16, 2011
Apogee Minerals Ltd.(i,ii,iii)9,850,000 common shares2,391,000 1,101,715 1.8%5,000,000 warrants expire May 23, 20101,175,000 warrants expire April 30, 20111,250,000 warrants expire Nov 22, 2011
Auger Resources Ltd.*(iii)2,000,000 common shares1,000,000 200,000 0.3%1,000,000 warrants expire Sept 16, 2010
Avion Gold Corp.(iii)6,774,400 common shares2,946,712 4,455,640 7.4%2,500,000 warrants expire May 8, 2011
Brazil Potash Corp.*(iii)1,650,062 common shares2,500,000 1,676,133 2.8%
Castillian Resources Corp.(iii)11,660,000 common shares2,034,670 934,750 1.6%500,000 warrants expire June 30, 2011
Crowflight Minerals Inc.(iii)1,470,612 common shares395,638 308,829 0.5%
Crocodile Gold Inc.(iii)4,351,766 common shares2,700,391 10,143,984 17.0%2,500,000 warrants expire June 15, 2012
Dacha Capital Inc.(i,ii,iii)2,501,551 common shares2,985,512 7,599,051 12.7%4,800,000 special warrants2,501,551 common shares expire June 16, 2014
Kria Resources Inc.(iii)2,599,000 common shares2,599,000404,1150.7%1,000,000 warrants expire June 9, 201050,000 warrants expire June 16, 2010
Largo Resources Inc.(iii)3,983,333 common shares551,000 896,250 1.5%Longford Energy Inc.(iii)3,659,869 common shares1,595,5021,098,0691.8%1,000,000 warrants expire June 5, 2011
Rodinia Minerals Inc. (iii)3,000,000 common shares1,500,0001,410,0002.4%
Scandinavian Metals Inc*(ii,iii)2,000,000 common shares1,000,000500,0000.8%1,000,000 warrants expire Sept 12, 2010
Stetson Oil & Gas Ltd.(iii)10,000,000 preferred shares740,290150,0000.3%10,000,000 warrants expire Sept 17, 2010
Sulliden Gold Corporation Ltd.(iii)11,877,195 common shares5,878,3137,309,76812.2%769,231 warrants expire April 23, 20111,361,946 warrants expire October 6, 2012
Temujin Mining Corp*(ii,iii)11,000,909 common shares5,657,000 6,157,000 10.3%1,910,000 warrants expire Nov 26, 2011600,000 warrants expire Jan 14, 20124,545,455 warrants expire Jan 29, 2012
Verena Minerals Corp. (iii)4,000,000 common shares1,126,8752,085,0003.5%3,000,000 warrants expire March 3, 2012
Vast Exploration Inc.(iii)1,350,000 common shares1,062,6861,869,1653.1%2,050,000 warrants expire June 12, 20101,000,000 warrants expire June 5, 2011
Total of 7 other investments(iv)5,533,8636,079,08410.2%
(i) The Company has issued a Section 101 report under the Ontario Securities Act for this investment.
(ii) The Company owns, on a partially diluted basis, at least a 10% interest in the investee as at April 30, 2010.
(iii) A director and/or officer of the Company is a director and/or officer of the investee corporation.
(iv) Total other investments held by the Company, which are not individually listed as at April 30, 2010. Directors and officers may hold investments personally.