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Impact Minerals Limited

Board and Management Team

Directors

Mr Peter J Unsworth, BCom, Non-Executive Chairman
Dr Michael G Jones, MAIG, Managing Director
Mr Paul Ingram, B.AppSc, AIMM, MICA, Non-Executive Director
Dr Markus Elsasser, PhD, Non-Executive Director
Mr Aaron John Hood, Bachelor of Engineering (Mechanical); Bachelor of Commerce, MBA, Non-Executive Director [Appointed on 5 August 2015]

Senior Management Team

Dr Michael G Jones, MAIG, Managing Director
Mr Leo Horn, B.Sc. Honours, MAIG, Chief Operating Officer
Mr James Cooper-Jones, B.A., B.Comm, MIPA, SA Fin, MAICD, CFO and Company Secretary
Dr John Clout, Technical Consultant [Appointed on 5 August 2015]

Impact's Board of Directors have extensive experience in mining and mineral exploration supported by a strong history of exploration success, business development and corporate management. The Board includes two highly experienced geologists with over 50 years combined industry experience, headed by a company Chairman with significant experience in the mining, finance and securities industries.

Directors

Mr Peter J Unsworth, BCom, Non-Executive Chairman

Mr Unsworth, formerly a Chartered Accountant, has more than 35 years experience in the corporate finance, investment, and securities industries and a wealth of management experience with both public and private companies. A former Executive Director with a leading Western Australian stockbroking company, Mr Unsworth has been a director of a number of public exploration and mining companies. He recently completed a long period serving as Chairman of the Western Australian Government owned Gold Corporation (operator of The Perth Mint).

Mr Unsworth has been a Director of Invictus Gold Limited since 20 August 2010, a company listed on the ASX.

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Dr Michael G Jones, MAIG, Managing Director

Dr Jones completed undergraduate and post-graduate studies in Mining and Exploration Geology at Imperial College, London. His Ph.D work on gold mineralisation saw him move to Western Australia in 1988 to work for Western Mining Corporation exploring for gold and nickel deposits in the Yilgarn. From 1994 he consulted to the exploration and mining industry specialising in the integration of geological field mapping and the interpretation of geochemical, geophysical and remotely sensed data for target generation. Dr Jones has worked on over 80 projects both in greenfields and near mine exploration in a wide variety of mineralised terrains and was the founding director of Lithofire Consulting Geologists in Perth, Australia. He was also the team leader during the discovery of a significant gold deposit at the Higginsville Mining Centre, near Kalgoorlie and an iron ore deposit near Newman, both in Western Australia.

Dr Jones has been a Director of Invictus Gold Limited since 20 August 2010, a company listed on the ASX.

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Mr Paul Ingram, B.AppSc, AIMM, MICA, Non-Executive Director

Mr Ingram is a geologist with extensive experience in managing major mineral exploration programs for several publicly listed companies and has been involved in the mining sector for over thirty years. He has designed and implemented innovative techniques for exploration in remote areas, and has managed projects in countries throughout Australia and east Asia.

Mr Ingram has been a director of the following listed companies in the past three years:

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Dr Markus Elsasser, PhD, Non-Executive Director

Dr Markus Elsasser is a German financier and investor in the mineral resources industry. He is Head of the Elsasser family office 'M. Elsasser & Cie AG 1971' in Dusseldorf, Germany, a Non-Executive Board member of Kopy Goldfields AB (an exploration company listed in Sweden), a Non-Executive Director of Stellar Diamonds Plc, London (a diamond exploration and development company) and a Non-Executive Board member of Stellar Resources Limited (tin deposit) in Melbourne, Australia. Dr Elsasser was previously a Director of Finance at the Dow Chemical Company in Germany and he has extensive General Management experience with former appointments as Managing Director in Australia and Singapore in the chemical and Food industries. Dr Elsasser has a degree and PhD in Business Administration from Cologne University, Germany.

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Mr Aaron John Hood, Bachelor of Engineering (Mechanical); Bachelor of Commerce, MBA, Non-Executive Director [Appointed on 5 August 2015]

Mr Hood is the Chief Investment Officer for the Minderoo Group and is responsible for managing Minderoo's existing investment portfolio, comprising mining, property, agriculture and industrial assets, and also corporate development opportunities. Prior to joining Minderoo, Mr Hood spent ten years in Sydney and Perth as executive director of a private equity firm with investments in mining services, oil and gas, manufacturing and retail.

Mr Hood holds a Bachelor of Engineering (Mechanical) and a Bachelor of Commerce, both from the University of Western Australia and an MBA from INSEAD. He commenced his career with Macquarie Bank's industrials and property investment banking team. He is currently a Director of the Scotch College Foundation (WA) and UWA Business School Ambassadorial Council, Chairman of Harvey Beef and a non-Executive Director of Vimy Resources Limited. "

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Senior Management Team

Dr Michael G Jones, MAIG, Managing Director

Dr Jones completed undergraduate and post-graduate studies in Mining and Exploration Geology at Imperial College, London. His Ph.D work on gold mineralisation saw him move to Western Australia in 1988 to work for Western Mining Corporation exploring for gold and nickel deposits in the Yilgarn. From 1994 he consulted to the exploration and mining industry specialising in the integration of geological field mapping and the interpretation of geochemical, geophysical and remotely sensed data for target generation. Dr Jones has worked on over 80 projects both in greenfields and near mine exploration in a wide variety of mineralised terrains and was the founding director of Lithofire Consulting Geologists in Perth, Australia. He was also the team leader during the discovery of a significant gold deposit at the Higginsville Mining Centre, near Kalgoorlie and an iron ore deposit near Newman, both in Western Australia.

Dr Jones has been a Director of Invictus Gold Limited since 20 August 2010, a company listed on the ASX.

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Mr Leo Horn, B.Sc. Honours, MAIG, Chief Operating Officer

Mr Leo Horn completed a Bachelor of Science in Geology with Honours at The University of Western Australia.

His early exploration research in diamonds and then gold with CSIRO as an embedded researcher with Goldfields St Ives developed new geochemical and mineralogical techniques that later assisted the discovery and delineation of gold resources.

Leo now has an extensive international career in the Mining and Exploration industry in gold, base metals, uranium and diamonds with several ASX and TSX listed companies which extends from Australia, North America and Southern Africa. Leo managed the discovery, resource definition and resource estimation of several high grade uranium deposits in Saskatchewan, Canada with UEX Corporation.

Leo successfully managed Impact Minerals in the discovery of several deposit styles including IOCGU in Botswana, Africa as well as high grade epithermal in Queensland. Leo recently provided an integral role in the evaluation and acquisition of the flagship Commonwealth gold-silver-base metal deposit and the Broken Hill Platinum project which are the focus of Impacts current aggressive exploration campaign.

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Mr James Cooper-Jones, B.A., B.Comm, MIPA, SA Fin, MAICD, Chief Financial Officer and Company Secretary

Mr. Cooper-Jones has held various senior accounting and secretarial roles primarily with listed resource companies and has been involved in the listing of several companies on the ASX.

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Dr John Clout, Technical Consultant [Appointed on 5 August 2015]

Dr Clout is the Chief Geologist of Squadron and will act as a technical advisor to Impact.

Dr Clout played a key role in the discovery and development of the world class Pilbara iron deposits for Fortescue Metals Group Ltd (ASX: FMG) and, earlier in his career, completed seminal work on the Golden Mile gold deposit in Kalgoorlie in WA. "

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updated 6th August, 2015


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