IAN TELFER

Chairman of the Board, Goldcorp Inc.

The experience of working with Featherstone Capital on the spin out of the Mount Milligan copper-gold project & Berg copper-molybdenum project into Terrane Metals Corp was a positive one for Goldcorp. Featherstone hired the management team, organised the spin out into a TSX Venture Exchange listed mine development company, attracted a quality board of directors and raised all of the capital needed to advance both assets. We found Featherstone to a cooperative, professional and efficient partner in this transaction. With their assistance , Goldcorp was able to monetize $250 million from two assets that were being carried at little or no value. We would not hesitate to work with Doug and Blayne on another transaction.

PETER MARRONE

Chairman & CEO Yamana Gold Corp & Chairman of the Board, MBAC Fertilizer Corp.

Featherstone Capital was instrumental in assisting MBAC Fertilizer Corp. in completing a listing of its common shares on the TSX Exchange. MBAC Fertilizer Corp. is focused on becoming a significant integrated producer of phosphate and potash fertilizer in the Brazilian market. Featherstone located a suitable public vehicle for MBAC to utilize for the reverse take-over and also assisted the Company in completing the required legal, technical and financial reporting for listing of its shares on Canada's premier stock exchange. The public listing that Featherstone facilitated, enabled MBAC to raise $57 million concurrently with the RTO which has now led to a positive production decision for the Itafos phosphate mine. It was a pleasure working with Doug and Blayne on this transaction and we would be pleased to work with them again.