ALTAI RESOURCES INC.

Altai Resources Inc. is a Canada-based resource company with a diversified portfolio of natural gas, oil and gold properties in Canada. The Company also has a Canadian investment portfolio comprised of cash, cash equivalents, and marketable securities. It has 100% interest in the heart of the St. Lawrence Lowlands Utica Shale gas play in Quebec - the Sorel-Trois Rivieres natural gas property of five permits aggregating to 68,483 hectares (169,221 acres), with significant potential for hydrocarbon production and storage. In addition, Altai retains a 15% gross royalty in the adjoining permit of 12,334 hectares (30,477 acres) held by Repsol Canada Energy Partnership. The Company also has 45% working interest in the Cessford oil producing property of 240 acres of Alberta Crown leases in the Cessford area of central Alberta. Employees - Sector Oil & Gas Exploration and Production