Company Micrex Development Corp. Toronto S.E.

Micrex Development Corp. is a mineral exploration company. The Company is engaged in the exploration and evaluation of mineral properties in Canada and the United States. The Company has interests in precious metal, industrial minerals and rare earth properties located in Alberta, Quebec, British Columbia and New Mexico. It has interest in all production from the claims relating to the Burmis Magnetite deposit located in the Crowsnest Pass area of Alberta. It has interest in the Big Horn hard rock mine located in the Atlin area of British Columbia. The Company owns interest in the Deadwood patented hard rock mine and Sunburst patented hard rock mine claim located in Catron County, New Mexico, the United States. The Company owns interest in the Mount Royal patented hard rock mine claim located in the Steeple Rock district of New Mexico, the United States. It owns interest in all production from the claims relating to the Quebec magnetite deposit located near Chicoutimi, Quebec, Canada.