James Scott

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Mr. Scott has worked in the minerals sector for over 40 years, both as a consultant and
as a senior executive for one of Canada’s largest mining companies. He brings both
technical expertise – in taxation, financial accounting, modelling, and risk management
– as well as experience in working with non-finance professionals to integrate financial
systems and considerations into their operations.

Mr. Scott began his mining experience while working for the Canadian Mining Taxation
Group of Price Waterhouse (now PricewaterhouseCoopers). In that role, he was a
contributing author to the seminal Canadian Mining Taxation text, as well as working for
the United Nations as a consultant in Africa and co-chairing the United Nations
International Seminar on Mining Taxation in Montreal. Mr. Scott was also Price
Waterhouse Canada’s representative to the World Transfer Pricing Group.

From Price Waterhouse, Mr. Scott moved to Inco Limited, where he held successive
roles in taxation, financial planning and analysis, and ultimately became the Chief Audit
Executive for the world organization. Through these roles, Mr. Scott brings extensive
experience in financial modelling (including developing evaluation models for two multi-
billion-dollar projects), negotiations with aboriginal groups and foreign governments,
development of key performance indicators for senior management and board reporting,
and risk management and system design.

Since leaving Inco, Mr. Scott has co-founded and serves as CFO for a solar silicon
nanotech company which is currently conducting research with the University of
Toronto; led the Schulich Executive Education Centre (SEEC) Centre of Excellence in
Mining, Minerals and Metals Leadership; instructed in risk management at York University;
and provided consulting services to a variety of clients.

Mr. Scott is a Canadian Chartered Professional Accountant (previously Chartered
Accountant) and a United States CPA (IQEX) as well as holding designations in
Auditing and Risk Management.