Dr. Spencer brings both corporate and technical experience relevant to Aurania and to its Lost Cities – Cutucu Project in Ecuador, the flagship asset of the Company. Richard is a PhD geologist with 10 years of experience in Ecuador, having led Gencor Ltd.’s exploration team that made the grassroots discovery of the San Carlos, Mirador and Panantza porphyries that contain an estimated 24 billion pounds of copper and 3 million ounces of gold. These deposits lie in the area immediately south, and along trend of the Lost Cities – Cutucu Project. Dr. Spencer also worked at Iamgold Corp. where his team discovered the Quimsacocha – Loma Larga deposit in Ecuador, containing resources of 3.3 million ounces of gold and 23 million ounces of silver. He later joined Crystallex International Corp. as VP-Exploration, working on the Las Cristinas gold deposit in Venezuela, where his team increased the gold reserves by 65% from 10.2 million to 16.8 million ounces. Richard was appointed to the Company’s Board of Directors on March 6, 2017.

Dr. Baker has been a consultant to the metals and mining industry since 2002. She is a director of Agnico Eagle Mines Ltd., Reunion Gold Corporation and McEwen Mining. Previously, Dr. Baker was employed by Salomon Smith Barney where she was one of the top-ranked mining sector equity analysts in the United States. Dr. Baker is a graduate of the Colorado School of Mines (M.Sc. and Ph.D. in Mineral Economics).

Mr. Warren Gilman is a mining engineer by training. He is the Founder, Chairman and CEO of Hong Kong-based Queen’s Road Central Capital Ltd. Warren was Chairman and CEO of Hong Kong based CEF Holdings Ltd from 2011-2019 where he was responsible for one of the largest mining focussed investment companies in Asia. Prior to that, he was Vice Chairman of CIBC World Markets. Warren was the Managing Director and Head of Asia Pacific Region for CIBC for 10 years where he was responsible for CIBC’s activities across Asia. He also co-founded CIBC’s Global Mining Group in 1988.

During his 26 years with CIBC, Warren ran the mining team in Canada, Australia and Asia and worked in the Toronto, Sydney, Perth, Shanghai and Hong Kong offices of CIBC. He has acted as advisor to the largest mining companies in the world including BHP, Rio Tinto, Anglo American, Noranda, Falconbridge, Meridian Gold, China Minmetals, Jinchuan and Zijin and has been responsible for some of the largest equity capital markets financings in Canadian mining history. Warren Gilman is a regular contributor to mining industry forums and discussions. Warren obtained his B.Sc. in Mining Engineering at Queen’s University and his MBA from the Richard Ivey School of Business. He is Chairman of the International Advisory Board at Western University and a member of the Dean’s Advisory Board of Laurentian University.

Mr. Jonathan Kagan is an investment banker by training. He is the Managing Principal of Corporate Partners in New York. Previously, Jonathan was a Managing Director of Corporate Partners I, which he joined in 1990, and of Centre Partners Management LLC, where he managed the Centre Capital funds. He began his career in the investment banking division of Lazard in 1980 and became a General Partner in 1987. At Lazard, Jonathan helped head the corporate finance and capital markets areas. He has been a director of public companies and is a director of several private companies. Jonathan received an M.A. (1st Hon.) from Oxford University and an A.B., summa cum laude and Phi Beta Kappa, from Harvard College.

Mr. Lenarciak has over 25 years experience in the financing and strategic development of resource companies in North and South America, Africa, Europe and Asia. Mr. Lenarciak started his career as a civil and mining engineer in 1975. In 1983, he studied finance at the University of Quebec and worked in investment banking in the junior mining industry until 1990. He was then retained by the World Bank to oversee the privatization of the mining industry in Poland. Between 1992 and 2014, Mr. Lenarciak served on the board of directors of more than a dozen TSX-listed companies. He is a published author of seven books. Mr. Lenarciak is a Cavaliere Member of the Order of Pope Saint Silvester and a recipient of the Silver Cross of Merit.

Mr. Wood is a qualified Chartered Accountant in Canada and the UK. His executive experience includes oversight of finance and operations, strategic planning and organizational development of various publicly-traded exploration and development companies. Mr. Wood has been instrumental in achieving performance and value growth across diverse commodities, countries and market conditions. Over the last 20 years, he has successfully completed close to $1bn in financing and M&A transactions in the mining industry. Mr. Wood is an honours graduate, Management Sciences (Marketing) B.Sc. from the University of Lancaster, U.K.

Mr. Pallier is a geoscientist with over 21 years experience in the mining industry. He has worked on gold exploration projects in French Guiana in the capacity of field geologist progressively through to Project Manager. Mr. Pallier contributed to the discovery and the development of Camp Caiman (1.6 Moz gold resource) and worked in Paul Isnard project (3.89 Moz gold resource) both in French Guiana. He has experience in Uranium exploration, having led an exploration team in Mongolia. He holds an MSc in Geology from Lorraine Université and a BSc (Maitrise) from the university of Oviedo (Spain) and UBO – Brest.

Monica is a CSR and Sustainability professional with 15 years experience in the design and implementation of CSR strategies that support operational productivity while building long-term relations with communities impacted by exploration and mining operation. Ms. Ospina led projects in CSR, institutional and community relations for Anglo Gold Ashanti, Pacific Rubiales Energy, Hudbay Minerals, SilverCrest Mines, Kinross Gold, TECK Resources, Great Panther Silver, Rio Alto Gold, Continental Gold, First Majestic Silver, DeBeers Namibia (NAMDEB), and Government of Alberta, and her experience includes working in Canada, Ecuador, Mexico, Colombia, Peru, Dominica and Namibia. She has contributed as author of guidelines in CSR and Community Engagement led by IFC (International Finance Corporation) – the World Bank, United Nations Global Compact and IGF (Intergovernmental Forum on Mining and Metals). She serves as a guest lecturer in CSR for the Faculty of Mining Engineering at University of Toronto, in Canada, Georgia College and State University, in the US, and Tecnológico de Monterrey, in Mexico. She holds a Master’s Degree in Diplomatic Studies from the University of Westminster, and has completed postgraduate programs in Sustainability Management from Harvard University and International Business Strategy, from the London School of Economics.