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James Bay Resources Company Structure

Stephen Shefsky President & CEO, Founder, Director

Co-founder of Brasoil do Brasil Exploracao Petrolifera S.A., a private oil & gas producing exploration company in Brazil, Founder of Silver Bear Resources Inc (TSX:SBR),Vice Chairman Morumbi Resources (TSXV:MOC), and Executive Chairman of Castle Resources Inc.(TSXV: CRI). Mr. Shefsky was the founder & former President & CEO of Verena Minerals Corp/ Belo Sun Mining Corp (TSX: BSX). President of Cancap Investments Limited, a private merchant bank providing venture capital and project financing for public and private companies

Wayne Egan Non-Executive Chairman

Partner at law firm WeirFoulds LLP, acting for several public companies on the TSX and TSX Venture Exchanges. Currently a Director of Aspen Group Resources, OceanLake Commerce Inc., and JM Capital Corp.

Mark Brennan Founder, Director

Founding Partner and President of Linear Capital Corp., President & CEO of Largo Resources, Co-founder of Brasoil do Brasil Exploracao Petrolifera S.A., and Castle Resources Inc.

Knut Sovold, CEO of Nigerian Subsidary and Director of Canadian entity

Master in Petroleum Technology from Trondheim, Norway. Twenty years experience from the oil and gas industry. Has worked with oil and gas fields, asset valuations, operatorship, worked with assets from North Sea, Africa and Asia. Co-founder of Reservoir Evaluation Services (later AGR Petroleum), Hemla and D&H Solutions.

Mike Sylvestre Director

Experienced senior mining executive with a track record of leading major mining operations over a 30+ year career. Most recently CEO Vale Inco New Caledonia, Past President of Vale Inco Manitoba and Vice President of Operations PT Inco. Holds a MSc and a BSc in Mining Engineering Degree from McGill University and Queen's University respectively.

Jon Pereira Director

Successful entrepreneur and Co-Founder of Olympic Circuits, a leading printed circuit board manufacturer in Toronto that was bought out by DDi Corp where he is currently VP-Operations. Also currently a Director for Active Control Technology Inc.


Eric Szustak, Chief Financial Officer

Chartered Accountant with over twenty five years' experience. Has held various positions in management and securities compliance. Holds B.A. Honors Chartered Accountant Studies and Economics, University of Waterloo. Currently CFO of James Bay Resources Inc., Northern Gold Mining, Morumbi Resources Inc. and Castle Resources Inc.

Jennifer Ta - Controller

Chartered Accountant with over eight years experience with Canadian public accounting firms as a senior auditor. Her responsibilities include financial reporting, implementing, monitoring and testing of internal controls, conducting IFRS conversion and compliance. Jennifer is the Group Controller for James Bay Resources Limited.