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Mandate and Responsibility of the Board

Our Board of Directors (the “Board”) is responsible for supervising management in carrying on the business and affairs of our company. All directors are required to act and exercise their powers with reasonable prudence in the Company’s best interest. The Board has a broad depth of experience and consists of six directors, of which two are considered Independent according to NI 52-110 .

Brian Hinchcliffe – Executive Chairman and CEO

Brian has been involved in projects in the natural resources sector for nearly 20 years and sits on a number of mining company boards. He served as Vice President at Goldman Sachs for ten years before launching an entrepreneurial career. He spent the first ten years of his career working at J. Aron trading arm of Goldman Sachs, where he was responsible for the mining industry sector, working in both New York and London. Mr. Hinchcliffe founded American Pacific Mining with Harry Dobson, and then Jordex Resources. He later founded Kirkland Lake Gold with Mr. Dobson and served as President and CEO and subsequently Deputy Chairman. Mr. Hinchcliffe holds a BA from the State University of New York, and attended graduate school at the Hagan Business School at Iona College.

John Thomson – Independent Director

John joined the board in 2007 and is a Chartered Accountant from Scotland who has also studied at INSEAD. He has worked internationally in a variety of senior roles for companies including Pepsi Co. Most recently, Mr. Thomson has built up a successful consulting business providing advice to institutional shareholders and management teams in the media, minerals and technology sectors. He is a non-Executive Director of Parragon Publishing Ltd., a successful international publisher with operations in Europe, India, the UK and USA.

Markku Isohanni – Independent Director

Markku joined the board in 2005 after retiring from a 35 year career as a geologist in base and precious metals exploration with Outokumpu. He was in charge of Outokumpu’s worldwide exploration for 14 years from 1988 to 2002 and a was a director of the Geological Survey of Finland for seven years. He has been director or chairman of many of Outokumpu’s mining and exploration subsidiaries in Finland, Australia, Spain, Canada, Chile, Ireland and Russia. Currently Markku is Principal of Isohanni Mining Consulting Oy and Director of Copper Bay Plc and Chairman of Lithium development company Keliber Oy.

David Pym CGeol  – Non Executive Director

David is a Geologist with over 20 years of international experience in the mining industry, with roles ranging from Fieldhand to CEO. He has served on the executive of Belvedere and is now a non-executive director. He joined the board in 2006.

Dr. Toby Strauss CGeol – Non Executive DIrector

Toby has been working in mineral exploration in Finland since 1996 and completed his Ph.D on the Haveri gold copper project in Finland in 2003. He brought his extensive experience in gold, diamond and base metal exploration to the Belvedere team in 2003. Toby joined the board in 2006. He is also a serving Director of Talmora Diamond Inc.

Steven Cuthill – Chief Financial Officer and Company Secretary

Before joining Belvedere in 2003, Steve served as Treasurer for Sovereign Oil & Gas Plc. In London, UK and held accounting positions with several mineral resource companies including Operations Accountant (N. America) with Homestake Mining Ltd. Steve became CFO in 2009 and a director in 2011.

Board Committees

Belvedere Resources’ Board Committees assist the Board in carrying out its functions and ensure that there is independent oversight of internal controls and risk management.

The Company has three Board committees:

The Audit Committee

has overall responsibility for our financial reporting

  • John Thomson (Chair) – Independent Director
  • Markku Isohanni – Independent Director
  • Steve Cuthill
The Safety, Health, Environment and Community (SHEC) Committee

is responsible for setting and reviewing the Company’s policy for health, safety, environment and community practices at the Company’s mine sites

  • Markku Isohanni (Chair) – Independent Director
  • Dr. Toby Strauss
  • David Pym
The Remuneration Committee

assists the Board in fulfilling its responsibilities relating to compensation issues when unusual situations arise which necessitate such involvement.

  • Markku Isohanni – Independent Director