1. Guy Charette - 4.2M shares + 9.5M options/warrants = 13.7M fully-diluted (FD)

2. Anglo Pacific Group PLC - 7M shares + 5M options/warrants = 12M FD

3. Nigel Lees - 4M shares + 3.7M options/warrants = 7.7m FD

Together these three individuals/entities control 10% of SGX stock (17.5% on a fully-diluted basis).

Number one holder 'Guy Charette'... never hear of him. Supposedly was involved in company way back when. Sits on board of Carpathian Gold (as does Patrick Mars). According to CPN-v website:

"Mr. Charette is a Corporate Finance and Securities Lawyer based in Canada. Mr. Charette has over 20 years experience in the business structuring and financing of domestic and international mining and exploration projects. He has acted as Chairman, CEO, and Director for several public-traded mining companies. From 1993 to 2000, Mr. Charette was CEO of Bay Merchant Group. He is co-founder of Charette-Nantel Attorneys LLP, a corporate finance law firm located in Montreal, Quebec, Canada."

Mr. Lees, Mr. Charette, Mr. Mars, Mr. Robertson... all financial experts in this or related fields. PP not an issue. We need to relax.

red911

P.S. KXL moving.

"Mr. Mars is a Chartered Financial Analyst based in Canada. Mr. Mars is an independent consultant specializing in mine financing and analysis and benefits from 32 years of experience in the Canadian investment industry. From 1971 to 1994 Mr. Mars was President, CEO, and a director of Alfred Bunting and Co. Ltd./Bunting Warburg Inc., a Canadian investment dealer and stockbroker. From 1995 to 2001, he was Chairman and a Director of First Marathon Securities (UK) Ltd/NBC Financial (UK) Ltd. From 1995 to date, Mr. Mars has acted as Chairman, CEO, or Director for several public-traded mining companies."