SLIDE 3 Financial & Management Overview OCTOBER 2008
Shares Outstanding (TSX:OSU) (AIM:OSU)
456,934,226 issued shares as of 22/09/2008 637,296,746 fully diluted shares
Major Shareholders Capitalisation Table
US$ million Share price (CAD$0.29 as of 22/09/2008) Shares outstanding 456 934 226
Major Shareholders
Charlemagne Capital JP Morgan Roytor & Co Endeavour Financial Canaccord Capital Corp. Bay Pond Partners Shares outstanding 456,934,226 Options 44M @ C$0.35 - C$1.26 Warrants 136M @ C$0.75 - C$1.50 Market Capitalisation ~CAD$132M
Dr Sergey V Kurzin, British/Russian: Executive Chairman. Russian-born research engineer who moved to the United Kingdom in 1990 and has played a key role in initiatives to acquire and progress several important FSU mining assets including Bema Gold, UrAsia Energy, Oriel Resources and European Minerals. Takhirzhan T Baratov Kazakh: Executive Director Central Asia General Director of Oriel subsidiaries Muzbel LLP Takhirzhan T Baratov, Kazakh: Executive Director Central Asia. General Director of Oriel subsidiaries, Muzbel LLP and Voskhod-Oriel LLP. Involved with the mining industry since 1994. Advised and consulted UK and Canadian public companies and director of a number of JVs in Kazakhstan.
- Dr. Alexander Yakubchuk, Russian: Director of Exploration. Exploration Manager, consultant & geologist with +14
years worldwide experience Recently Exploration Manager Europe and CIS for Gold Fields Discovered the years worldwide experience. Recently Exploration Manager, Europe and CIS for Gold Fields. Discovered the +3Moz Degdekan Au Deposit in Magadan, Russia and +5Moz Taldybulak Au-Cu deposit in Kyrgyzstan Randy Reichert, Canadian: COO. Previously Oriel Resources’ COO & was in charge of the commissioning &
- perating the Tikhvin ferrochrome smelter, Russia; spent over 5 years in Russia with Bema Gold as General
Manager, Operations of the Kupol & Julietta gold mines in Chukotka and Magadan. g , p p & g g Petro Mychalkiw, British: CFO. Regional Finance Director of Oriel Resources, Kazakhstan in charge of tax planning, contract negotiations, financial reporting; secured 2006’s US$120m project financing deal for the Voskhod chrome project; Oriel’s Treasurer & Head of Corporate Finance. Mark Corra, Canadian: Non-Executive Director. Mr Corra holds the position of Senior VP Finance and CFO of
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Mark Corra, Canadian: Non Executive Director. Mr Corra holds the position of Senior VP Finance and CFO of B2Gold Corp. Previously he worked for 17 years with Bema Gold Corporation. A Certified Management Accountant with a diploma in financial management from the British Columbia Institute of Technology, Mr Corra currently oversees financial reporting, cash management, tax planning and is a member of the management committee for B2Gold Corp.
