Freyja Resources Inc. (Freyja) announced upon the completion of the acquisition, the Board of Directors of Freyja will be reconstituted to consist
of Alain Lambert; Andre St-Michel; Robert Ayotte; Robert Boisjoli and Ronald Keenan, provided that the TSX Venture does not object to such nominations and such persons are eligible to act as directors pursuant to the requirements of the Canada Business Corporations Act. After the closing of the Acquisition, Andre St-Michel will be appointed the President and Chief Executive Officer of Freyja and Benoit Forget will remain the Chief Financial Officer of Freyja. Mr. Lambert has been the President, Chief Executive Officer and a Director of CPVC Financial Corporation. Andre St-Michel has spent the last ten years working in Mexico. Mr. St. Michel was a senior executive of Diabras Exploration where he was Chief Operating Officer and Executive Vice-President between 2003 and 2008. Mr. Ayotte is President of Gestion Somiray Inc. Mr. Boisjoli is currently the Chief Executive Officer of Global SeaFarms Corporation. Since February 2006, Mr. Keenan has held various positions with Newalta Industrial Services Inc. His positions included Executive Director Strategic Accounts since January 2012.­