Celsius Resources Ltd (CLA)

Martin Buckingham

Executive Chairman

Mr Buckingham has over 40 years’ experience in resource industries and has been Director and held senior management positions with various mining companies in the UK and overseas, in particular the Philippines.

Companies include Clogau Gold Mines plc, Atlas Consolidated Mining & Development Corp (Philippines) as EVP and CFO along with a Directorship of its wholly owned subsidiary Carmen Copper Corporation, Berong Nickel Corp, Electrum NL, Philippine Gold plc, Director and co-founder of Consort Research Limited, a metallurgical consultancy group based at the Royal School of Mines in London.

In 2007, he took a lead role in the consortium which successfully re-opened the Carmen Copper Mine in Cebu, Philippines, which is now the largest copper producer in the country, producing +40,000 tons of copper metal per year.

He retired from executive positions at Atlas group recently but remains a Non-Executive Director.

Blair Sergeant

Executive Director - Corporate

Mr. Sergeant is an experienced mining executive, having been the former Executive Director of Bowen Coking Coal Ltd, founding Managing Director of Lemur Resources Limited, an ASX listed coal exploration and development company, as well as the former Finance Director of Coal of Africa Limited, who together with the MD, grew the company from a sub-$2m market capitalisation to over $1.5b at its peak.

In the capacity of Executive Director sat Bowen Coking Coal Ltd, Mr Sergeant was integral in Bowen;s transition from exploer to producer and similarly, as Finance Director at Coal fo Africa Limited, Mr Sergeant also oversaw the development and construction of two operating mines, one underground and one open pit, with total production capacity of over 8mtpa. During his career, Mr Sergeant has also held the position of Managing Director, Non- Executive Director and/or Company Secretary for numerous listed entities across a broad spectrum of industry.

Mr Sergeant graduated from Curtin University, Western Australia with a Bachelor of Business and subsequently, a Post Graduate Diploma in Corporate Administration. He is a Chartered Secretary, member of the Governance Institute of Australia, member of the Australian Institute of Company Directors and an Associate of the Australian Certified Practising Accountants. Blair is currently a Non-Executive Director of both Rincon Resources Limited (ASX: RCR) and Vmoto Limited (ASX: VMT).

Mr Julito (Sarge) Sarmiento

Non-Executive Director

Mr. Sarmiento, a Philippine national and resident, admitted to the Philippine Bar and New York State Bar, has 30 years’ experience as a lawyer in mining, environment, social license, renewable energy, and government relations in the Philippines.

He is a strong advocate for the sustainable development and social transformation of local communities, particularly of indigenous cultural communities in resourcedependent industries. He has excellent relationship with the Balatoc indigenous cultural community as host community of Makilala Mining Corporation for the Maalinao-Caigutan-Biyog (MCB) Project in Kalinga Province, Northern Luzon.

He also played a key role in the successful operations of several significant mining companies throughout the country. He led the acquisition by Glencore of the Philippine Associated Smelting and Refining (PASAR) Corporation in Leyte Province, Visayas, where he subsequently served as Board Director, Vice President and General Counsel. He was Senior Partner and Head of Natural Resources, Environment and Social License Practice Group for 16 years of one of the leading law firms in the Philippines.

He was CEO, President and co-Founder of WeGen Inc., a renewable distributed energy covering Southeast Asia. He is concurrently the Founder and Co-Managing Partner of Sarmiento Loriega (SL) Law Office and SL & Partners Consultancy Inc.

Mr. Sarmiento holds a Master of Laws degree and Doctor of Jurisprudence (Cand.) as a World Bank Scholar from Yale Law School in New Haven, Connecticut, an MBA (with highest honors) from a Joint Program of Ateneo School of Business and Colorado-based Regis University, a Bachelor of Arts degree, major in Pre-Divinity at the Ateneo de Manila University. He underwent an eight-year formation for the priesthood in the Seminary where he developed very close relationship with the Church.

Mr Sarmiento is currently the President of each of Celsius’ operating subsidiaries, namely Makilala Mining Company, Inc. (MCB Copper Project), Tambuli Mining Company, Inc. (Sagay Copper Project),and PDEP, Inc.

Michael Hulmes

a Non-Executive Director

Mr Hulmes is a mining engineer by profession with over 35 years experience in base metal and gold minesin Australia, Papua New Guinea, Portugal, Spain, China, South Africa, Tanzania, Brazil, US and UK. His career has substantially involved the development and operation of underground mines. These have been mainly modern mechanised operations, employing a variety of mining methods, in a range of geological settings.

He was most recently the COO of Appian Capital – Brazil, overseeing the restart of the Mirabela Nickel Mine and the construction of the greenfields Serrote Copper Mine. Prior to this he was the Managing Director, Iberian Operations for Lundin Mining with responsibility for the Neves-Corvo and Aguablanca base metal mines in Portugal and Spain respectively.

He was General Manager of the Ok Tedi Mine which exploits a porphyry copper/gold deposit in Papua New Guinea; and COO of Citadel Resources during the development of the Jabal Sayid Copper/Zinc Mine.

In Australia he was the General Manager, Australian Operations for Barrick Gold, with responsibility for five mines, three of which had underground operations.

He was the General Manager of the Plutonic Gold Mine and during his tenure there he oversaw the transition of the mine from a predominantly open pit to a predominantly underground operation.

Mr Hulmes holds a B.Sc (Eng) in Mining Engineering from Imperial College, London University and an MBA from Deakin University. He is a Fellow of the Australasian Institute of Mining and Metallurgy and is currently a non-executive director of TSX listed Transatlantic Gold Corporation.

Bill Oliver

Non-Executive Director

Mr. Oliver has 14 years’ experience in the international resources industry working for both major and junior companies. He has led large scale resource definition projects for Rio Tinto and previously worked in near mine exploration/resource definition roles for Harmony Gold, Bellamel Mining and BC Iron.

More recently Mr. Oliver was the Managing Director of Signature Metals Ltd responsible from taking the Konongo Gold Project into production within two years of acquisition and growing the company from a market cap of A$6M to a transaction where it was valued at over A$50M.

He has wide-ranging exploration experience including expertise in near-mine exploration/resource extension and resource definition as well as significant experience in the technical and economic evaluation of resources projects. He holds an honours degree in Geology from the University of Western Australia as well as a post-graduate diploma in finance and investment from FINSIA.

Mr. Oliver was appointed to the position of director on 23 December 2010.

Melanie Ross

Company Secretary

Ms Ross is an accounting and corporate governance professional with over 18 years’ experience in financial accounting and analysis, audit, business and corporate advisory services in public practice, commerce and state government. She has a Bachelor of Commerce and is a member of the Institute of Chartered Accountants in Australia and New Zealand.

Ms Ross has been a consultant to Celsius for a number of years and has also acted as Assistant Company Secretary and Chief Financial Officer for various ASX listed companies, as well as filling senior financial roles in the private and public sector. She is currently a Director of a corporate advisory company based in Perth that provides corporate and other advisory services to public listed companies.