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Corporate Info
Corporate Profile: Afri-Can Marine Minerals Corp. (“Afri-Can”) is a Canadian exploration and development company, actively involved in the acquisition, exploration and development of major mineral properties in Namibia. Afri-Can is one of the largest marine diamond concession holders in the area with interests in 25 exploration licenses, covering 23,500 square kilometers. The northern concession is located near Luderitz and the southern concessions are located near the mouth of the Orange River. The Corporation's large and prospective license holdings, together with its growth strategy, place it as the partner of choice for Namibian Empowerment Groups. 
Afri-Can’s northern concession, the Woduna (Block J) concession area, is adjacent to a region where Marine & Coastal has estimated inferred diamond resources exceeding 4.25 million carats. The Woduna (Block J) concession area represents Afri-Can’s near-term production potential. Analysis of the combined data from both phase 1 and phase 2 sampling programmes by the Afri-Can technical team concluded that the diamondiferous nature of Feature #8, has been confirmed, and the extent of the mineralization has been well defined within the area sampled. Follow-up phase 3 sampling is designed to determine the continuity of mineralization along and across the features, establish sufficient quantitative data to support an inferred resource and establish preliminary data on potential mining economics. Afri-Can has discovered and delineated two large marine diamond deposits close to major deposits producing in excess of 900,000 carats a year. Management Profile: DirectorsMichael J. BrownChairman & Director Founder and President of Capital Markets Advisory and a 30-year veteran of mining finance and analysis. Previously, Mr. Brown held positions with Macquarie Bank of Australia, as President and CEO of Macquarie North America, and as Vice Chairman. Prior to that, Mr. Brown was a Managing Partner of Investment Banking with Gordon Capital Corporation in Toronto, and was a mining analyst and Managing Director of Research with Deutsche Bank. Mr. Brown is a Chartered Financial Analyst, a Professional Engineer, and holds a B.Sc. degree from the University of Edinburgh and a Master of Business Administration from the University of Western Ontario. He is a director of Crystallex International Corporation and Queenston Mining Inc., and has served as a Governor of the Toronto Stock Exchange. Pierre Léveillé President, CEO & Director Mr. Léveillé has over 18 years of experience in the financial markets and the resources industry. He has served as President, CEO and Director of the corporation since 1994. His leadership has transformed the corporation into a marine diamond exploration company of importance. Prior to joining Afri-Can, he spent over eight years in the financial markets as a stockbroker and corporate finance advisor with Levesque, Beaubien, Geoffrion inc. and Investpro Securities Inc. Michael Nicolai Director Michael Nicolaï, B.A., University of Cape Town has 30 years of experience in international banking, venture capital and investment management. He is presently a consultant with international investment and consulting firm Brockhouse & Cooper Inc. located in Montreal, Quebec. He is also Managing Partner of Action Capital Inc., a privately owned investment holding company, and is a director of several Canadian resource companies. Bernard Tourillon Director Mr. Tourillon, B.A.A.; MBA joined Afri-Can in 1994 as Executive Vice President and CFO. With Mr. Leveille, he has been instrumental in transforming the Corporation into a significant participant in the marine diamond exploration industry. He has 16 years of experience in international finance, venture capital, project management, manufacturing and brokerage. Marcel Drapeau Secretary & Director Mr. Drapeau, B.A., B.Sc. Comm., LL.L. is an accountant and a lawyer, based in Montreal. He has practiced commercial and corporate law for over 25 years during which time he served as director of numerous companies and acted as a business consultant in various corporate dealings. Mr. Drapeau joined Afri-Can Marine Minerals Corporation in 1997 and is currently secretary of the corporation. Howard Messias Director Mr. Messias is currently Chief Financial & Compliance Officer of Brockhouse & Cooper Inc., an international investment dealing and consulting firm located in Montreal. Mr. Messias has a B.Comm and a B.ACC from the University of the Witwatersrand (South Africa) and is a registered Chartered Accountant in both Canada and South Africa. He is also a registered Principal with the National Association of Securities Dealers Inc. (NASD) and the Bourse de Montreal Inc. OfficersPierre LéveilléPresident, CEO & Director Bernard J. Tourillon Executive Vice President, CFO & Director Marcel Drapeau Secretary & Director R.W.(Dick) Foster Resource Development Manager Mr. Foster is a geologist who holds a BSC. Geology (Hons) from Imperial College of the University of London and has an extensive experience in the marine diamond industry. Mr. Foster worked for De Beers for 32 years before retiring in 1996. With De Beers Marine he held the position of Geological Manager for 11 years and he was involved extensively in the management of exploration and mining programs. He led the teams that discovered major diamond deposits on the mid-continental shelves off South Africa and Namibia. Since 1996, Mr. Foster has been active in providing geological consulting and exploration management services. Share Capital: (as of August 31, 2006)Issued: 118,646,434 Fully Diluted: 133,668,496 SEC 12g3-2(b) exemption: file number 82-3329 Corporate Contacts: Head Office - Canada4444 St. Catherine Street West, Suite 201Montreal, Quebec, Canada H3Z 1R2 Tel: 514-846-2133 Fax: 514-846-1435 Toll Free: 1-888-666-3431 Email: info@afri-can.com Web Site: www.afri-can.com Corporate Office - NamibiaP.O. Box 22978Windhoek, Namibia Tel: 264-(0)61-306113 Fax: 264-(0)61-306114 Email: info@afri-can.com Legal CounselLavery de BillyMontreal, Quebec, Canada Transfer AgentComputershareMontreal, Quebec, Canada Auditors - CanadaRaymond Chabot Grant ThorntonMontreal, Quebec, Canada Auditors - NamibiaKPMG NamibiaWindhoek, Namibia Bankers - CanadaHSBC (Canada)Montreal, Quebec, Canada Bankers - NamibiaFirst National Bank NamibiaWindhoek, Namibia |
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