Board of Directors

John A. Versfelt
Chairman, President, Chief Executive Officer & Director

Mr. Versfelt has over 28 years experience providing leadership, management consulting, chief financial office, administration and paralegal/regulatory services to private and public companies. Serving in a variety of roles as a Managing Director, Chief Executive Officer and Chief Financial Officer over the last number of years, he has been responsible for strategic planning, corporate development and finance, administration and accounting, and legal and regulatory compliance. Mr. Versfelt is the driving force behind Cabo Drilling and has been a Senior Officer and a Director of the Company since January, 1992. He has also been a Senior Officer and Director of International Millennium Mining Corp. (Cabo Drilling controls ~11% of the common shares) since October, 1993 and President of American Resource Management Consultants Inc. since 1981.

Terry Aimone, BSc. P.Eng.
General Manager, Albania Branch & Director

Mr. Aimone started his career as a mining consulting engineer followed by 17 years in the U.S. banking sector, working in mine project financing. He has extensive experience in the mineral drilling industry as the General Manager for Cabo Drilling's Albania Branch and past managing director of Heath & Sherwood Drilling. He brings a strong mix of technical, financial and management experience to the Company.

Peter Freeman
Director

Mr. Freeman has extensive experience in public markets, finance and compliance.  His experience includes six years as Director of Markets and Compliance at the OFEX Market (now PLUS). In 2005, he joined Loeb Aron & Co as a director and head of compliance and advisory services for their London based, mining corporate finance house. Mr. Freeman has been a director of two public companies admitted to the AIM market (OFEX Holdings plc and Capital Lease Aviation plc).

Roy Graydon
Director

Mr. Graydon has extensive experienced as both a public company CEO and CFO, and with corporate governance, investing in public and private equity markets, and mergers and acquisitions. Mr. Graydon was formerly President, CEO and director of Aeroquest International Limited and in the past has also served on the boards of Canadian public companies Patheon Inc., Call-Net Enterprises Inc., Cybersurf Corp., and International Comfort Products Corporation.

Tom Oliver
Director

After a 25 year career in real estate development, Mr. Oliver served as Business Administrator for a national church organization for 5 years. He is currently the CEO of a number of private corporations and, in addition, acts as a consultant in financial administration and management.

Robert W. Schellenberg, CPA
Director

Mr. Schellenberg is a Certified Public Accountant, Vice President and owner of Schellenberg & Evers, P.C. in Grand Rapids, Michigan. He has extensive experience in valuations, employee benefit plans, financial planning, individual and corporate taxation and litigation support, business planning, performance measures, mergers, acquisitions and arbitration. Mr. Schellenberg formerly served as a member of the tax staff at the CPA firm Touche Ross (now Deloitte & Touche LLP); as an adjunct professor of Taxation in the Masters in Tax Program at Grand Valley State University, and a lecturer at seminars regarding taxation, financial planning, valuations and employee benefits.