Cominco Resources Ltd (“Cominco”) is a privately held Company and through its wholly owned subsidiary, Cominco SA, owns 100% of the “Hinda Project”. The Hinda Project includes the Hinda and Kola Tchikanou phosphate exploration licenses that cover 2,069 km2 of the coastal basin in the Republic of Congo (“ROC”), also known as Congo-Brazzaville (as distinct and separate from the unrelated Democratic Republic of Congo).