High River Gold Mines Ltd HRIVF

HRG Minority Corporation

[1marketmaker]

To the HRG Minority, (And Funds which own HRG)

I’ve had this discussion with some of you in the more recent past, but let me see if any of you are interested in trying to formalize this.

As you know, Severstal would like to purchase more shares.  To do so means that they do what they have likely done before, which is to buy underhandedly and illegally by having someone else but for them while they withhold market making news, and then buy from them cheap after they release the news and keep a lid on the stock.

This creeping takeover is illegal.

We need to formalize a defense by making an offense.

FORMALIZE A MINORITY CORPORATION

GOAL: HRG MINORITY INC.
I wish to formalize a company called HRG Minority Inc.  It will hold only shares in HRG stock.  Your stock.  Your percentage of HRG Minority Inc. will be the percentage of the shares HRG Minority Inc holds, and the value of HRG Minority Inc will likely be HIGHER than your holdings in HRG because it becomes the lynch pin for Severstal.

It will have greater power and can extract all the power and forces of the minority to hold back getting the “shaft” from Severstal.

I wish to invite you, any Fund managers and others you know who own HRG to contact me and provide your email address to the following email address.  If you are a Fund, I would be interested in managing this with you and have the background and experience to do so.

Email me at

[e-mail]

If you wish to leave your phone number for my records, or so I can contact you, please do so.

Thank you.

[1marketmaker]

I did not say this in that email, but this HRG Minority Inc company must have 10% of HRG to have any weight, so we need pledges from FUNDS and others to get to this percentage, and then we pull the trigger and formalize it.  The shareholder agreement for the company will not allow the company to pledge your shares or take on debt.Furthermore, we may only need your voting Proxy, and not the