Mr. Laracy is the founder of the company and has leveraged over $100 million of high risk exploration expenditures through equity and joint venture financings. He has discovered several mineral and petroleum deposits. Mr. Laracy has extensive experience as both an exploration geologist and lawyer. He is a graduate of Memorial University of Newfoundland (B.Sc. Hons.1981) and the University of Calgary (LL.B.1988). He is a member of the Professional Engineers and Geoscientists of Newfoundland and Labrador with over 30 years of industry experience in various technical and executive capacities.