STRATEGIC ALLIANCES

John C. Douglas, CA, CBV

John Charles Douglas, CA, CBV 81 Queen Anne Road, Toronto, M8X 1T3 (416) 453-8290 (cell), (416) 207-0606 (home), jcdouglas@sympatico.ca (e-mail)

Current Skill-Set: • Seasoned corporate finance professional with over ten years of transaction experience; • Strong negotiator and business valuation expert, and • Excellent communicator (verbal, written and presentation). Work Experience: June 2002 to Present Douglas Capital Inc., Toronto President and CEO. A Limited Market Dealer with the Ontario Securities Commission. As a registered financial intermediary, my new firm is entirely focused on financing Canadian growth companies. July 2001 to June 2002 Canaccord Capital Corporation, Toronto Co-Head Investment Banking, Senior Vice President, Director Member of Canaccord's Capital Markets Management Committee, responsible for co-managing all investment banking activities across Canada. May, 1996 to Aug. 2001 Sprott Securities Inc. Toronto Managing Director, Head of Investment Banking and Partner Member ofSprott's Executive Committee and the Risk Committee, primarily responsible for driving investment banking activities for the firm including coordinating all sales and execution initiatives and identifying and nourishing important relationships with key issuers, Board of Directors, institutional investors and venture capitalists. Specific responsibilities include: • primary account coverage of 30 small to mid-cap, companies involved in technology, biotechnology, special situations and mining; • origination, negotiation and execution of corporate finance deals using a variety of structures - bought deals, fully-marketed deals, Special Warrants, POP, and MJDS; • develop and deliver marketing presentations for corporate finance and M&A opportunities; • identify and allocate appropriate resources of the firm to a given opportunity, and • recruit and direct staff of investment banking professionals and support staff in four offices. Sept. 1993 to May 1996 Price Waterhouse, Corporate Finance Group Toronto Manager Managed valuation assignments, acquisition and sale mandates, private placements, restructurings and due diligence for national and international clients. Responsibilities included preparation of valuations, offering memorandums, marketing, structuring and negotiating definitive agreements, business development and transaction management. 1985 to Sept. 1993 Ernst & Young Toronto Manager Managed a staff of 12 professionals and coordinated audit and advisory services to some of E&Y's largest Canadian clients including Eaton's of Canada, Maclean Hunter, Royal LePage and Magna International. Corporate Finance and insolvency assignments included due diligence procedures related to Royal Trustee's asset sale to Royal Bank, and for Standard Trust Company's $650 million asset sale to Laurentian Bank. Education: 1994 University of Toronto CBV - Chartered Business Valuator Scored well on Final Exam - invited to develop, write and mark the 1995 Final Exam. 1990 Canadian Institute of Chartered Accountants CA - Chartered Accountant 1985 University of Waterloo BA - Economics Member of varsity football team, Canadian co-record holder for most interceptions in a game, Canadian (CIAU) and Ontario (OUAA) Athlete of the Week honours. Additional Information: Bom in Winnipeg and raised in Washington DC and Ottawa. Obtained Private Pilot licence in 1997. Married with two children.