Royalty Exploration, LLC

Mark Arnold, C.P.G., R.G., Director, President & CEO
Mr. Arnold is a certified and Registered Professional Geologist and Geochemist with 30 years of management experience in mining, oil and gas exploration, and environmental projects in over 40 countries. Mr. Arnold has 20 years experience as founder, president, and now director of American Geological Services, Inc. (AGS). Mr. Arnold has designed, budgeted, implemented and managed exploration projects and personnel. He was a geologist for the U.S. Geological Survey and conducted exploration for DRX, Inc., Westland Minerals, and Micronesian Mineral Resources. He serves as an expert witness for the U.S. Government on mining and mineral resource issues. He meets the requirements for a "qualified person" under Canadian Instrument 43-101 for reporting technical information and mineral reserves. He has authored or co-authored numerous publications on mineral occurrences and geochemical exploration. Mr. Arnold holds a B.S. in Geology from Indiana University.

Grant Tonkin, R.G., Director & CFO
Mr. Tonkin is a Registered Geologist with 35 years of field-geologic and business-management consulting experience. He has experience with business ownership as well as managing multi-million dollar projects with complex technical, regulatory, and logistical issues. He has extensive experience in all financial and fiscal management aspects of organizational operations. Other experience includes negotiating contracts, acquiring bonds, and securing insurance for a variety of projects and clients. Mr. Tonkin served as a senior geologist for Resource Exploration. He worked for Colorado National Bankshares, Inc. and was a consultant to the banking industry in a financial capacity. He is co-founder of AGS and REX. He holds a B.S. in Geology from Virginia Tech and an M.B.A. from Virginia Commonwealth University.

Ric Harshman, Director, Executive Vice President
Mr. Harshman is a founding shareholder of Royalty Exploration and serves on REX's Board of Directors. He is responsible for obtaining private investment for the company and acts as Special Projects Director. Mr. Harshman founded LPR Energy, an oil and gas exploration company which owned gas fields in Kentucky and Tennessee. He has over 25 years experience in the electrical field which has resulted in significant projects with Kennecott Utah Copper Smelter, the Northfork Hydroelectric Plant in Oregon, the Denver International Airport, and the U.S. Army at Fort Riley Kansas.

Our corporate organization is structured to promote prompt decision-making, collaboration, performance, and strategic growth.