Investments





2013 - Q1

Issuer Security Description Cost
('000)
Fair
Value
('000)
African Gold Group Inc.
AGG:TSXV
Precious Metals
16,550,000 common shares
6,148 2,565
Alpha Minerals Inc.
AMW:TSXV
Uranium
525,000 common shares
75,000 warrants expire Dec 5, 2013
250,000 warrants expire Feb 17, 2014
1,109 3,717
Americas Petrogas Inc.
API:TSXV
Oil & Gas
2,500,000 common shares
5,345 4,825
Augusta Industries Inc.
AAO:TSXV
Technology and Other
35,383,223 common shares
3,000,000 warrants expire Sep 23, 2013
1,111,111 warrants expire Nov 7, 2013
6,666,667 warrants expire Jan 25, 2015
4,358 2,413
Azimuth Resources Limited
AZH:ASX
Precious Metals
23,244,570 common shares
5,928 8,492
BSM Technologies Inc.
GPS:TSXV
Technology and Other
1,313,100 common shares
1,306 1,641
Caledonia Mining Corporation
CAL:TSX
Precious Metals
53,250,000 common shares
7,582 7,189
Canada Lithium Corp.
CLQ:TSX
Potash, Lithium and Rare Earths
3,500,000 common shares
2,222 2,183
Canadian Orebodies Inc.
CO:TSXV
Base Metals
17,502,000 common shares
500,000 warrants expire May 18, 2013
1,000,000 warrants expire Dec 15, 2013
750,000 warrants expire Dec 28, 2013
1,000,000 warrants expire Jun 4, 2014
3,999 1,924
Canadian Spirit Resources Inc.
SPI:TSXV
Oil & Gas
4,399,500 common shares
3,556 1,430
Coro Mining Corp.
COP:TSX
Base Metals
13,700,000 common shares
6,487 2,055
Donnybrook Energy Inc.
DEI:TSXV
Oil & Gas
14,000,000 common shares
5,225 1,610
Energy Fuels Inc.
EFR:TSX
Uranium
16,000,552 common shares
500,000 warrants expire Mar 31, 2015
2,816,000 warrants expire Jun 21, 2015
9,884 2,480
Euromax Resources Ltd.
EOX:TSXV
Precious Metals
4,469,133 common shares
83,333 warrants expire Jan 13, 2014
4,034 2,235
European Uranium Resources Ltd.
EUU:TSXV
Uranium
5,769,770 common shares
5,882 1,904
Evolving Gold Corp.
EVG:TSX
Precious Metals
12,455,555 common shares
2,000,000 warrants expire Aug 13, 2015
3,539 1,408
Fission Energy Corp.
DML:TSX
Uranium
2,500,000 common shares
2,905 2,950
GeneNews Ltd.
GEN:TSX
Technology and Other
1,550,003 common shares
52,500 warrants expire Jun 1, 2013
2,829 1,315
Gold Canyon Resources Inc.
GCU:TSXV
Precious Metals
17,500,000 common shares
12,787 8,050
Happy Creek Minerals Inc.
HPY:TSXV
Base Metals
6,912,500 common shares
500,000 warrants expire May 14, 2013
500,000 warrants expire Dec 21, 2013
2,589 1,106
Integra Gold Corp.
ICG:TSXV
Precious Metals
5,383,000 common shares
1,287 1,042
International Northair Mines Ltd.
INM:TSXV
Precious Metals
7,250,000 common shares
500,000 warrants expire Dec 28, 2013
2,859 1,450
Kilo Goldmines Ltd.
KGL:TSXV
Precious Metals
15,000,500 common shares
1,000,000 warrants expire May 12, 2013
2,500,000 warrants expire Mar 20, 2016
3,296 1,200
Latin American Minerals Inc.
LAT:TSXV
Precious Metals
18,200,000 common shares
1,000,000 warrants expire Sep 10, 2013
1,000,000 warrants expire Oct 5, 2013
1,500,000 warrants expire Feb 6, 2015
6,913 1,812
Levon Resources Ltd.
LVN:TSX
Precious Metals
7,469,000 common shares
6,574 2,764
Lithium Americas Corp.
LAC:TSX
Potash, Lithium and Rare Earths
5,869,500 common shares
1,250,000 debentures
500,000 warrants expire Jan 6, 2015
9,273 5,535
Longreach Oil and Gas Limited
LOI:TSXV
Oil & Gas
1,717,860 common shares
2,750 1,271
Macarthur Minerals Ltd.
MMS:TSXV
Base Metals
7,500,000 common shares
9,477 2,400
Macusani Yellowcake Inc.
YEL:TSXV
Uranium
17,750,633 common shares
10,421 1,953
Mason Graphite Inc.
LLG:TSXV
Potash, Lithium and Rare Earths
2,625,000 common shares
375,000 warrants expire Oct 30, 2013
1,724 1,866
Matamec Explorations Inc.
MAT:TSXV
Potash, Lithium and Rare Earths
14,250,001 common shares
4,696 2,636
Mawson Resources Limited
MAW:TSX
Precious Metals
2,041,400 common shares
1,625 2,143
Mega Precious Metals Inc.
MGP:TSXV
Precious Metals
14,496,100 common shares
250,000 warrants expire Nov 9, 2013
750,000 warrants expire Mar 22, 2014
8,053 2,537
Mega Uranium Ltd.
MGA:TSX
Uranium
13,150,000 common shares
1,500,000 warrants expire Oct 26, 2014
15,086 1,849
Nighthawk Gold Corp. (formerly Merc International Minerals Inc.)
MRK:TSXV
Precious Metals
7,350,000 common shares
1,000,000 warrants expire Sep 21, 2013
2,253 1,066
Novo Resources Corp.
NVO:CNSX
Precious Metals
2,178,571 common shares
750,000 warrants expire Dec 12, 2014
1,487 1,080
Opel Technologies Inc.
OPL:TSXV
Technology and Other
5,547,500 common shares
2,500,000 warrants expire Sep 13, 2015
1,500,000 warrants expire Feb 14, 2015
1,000,000 warrants expire Sep 27, 2015
1,763 3,700
Potash Ridge Corp.
PRK:TSX
Potash, Lithium and Rare Earths
8,500,000 common shares
1,250,000 warrants expire Dec 5, 2014
2,573 4,722
Powertech Uranium Corp.
PWE:TSX
Uranium
10,710,000 common shares
500,000 warrants expire Nov 6, 2013
3,959 1,071
Primary Petroleum Corp.
PIE:TSX
Oil & Gas
17,750,000 common shares
5,629 1,243
Redstar Gold Corp.
RGC:TSXV
Precious Metals
11,808,000 common shares
1,000,000 warrants expire Jul 14, 2013
500,000 warrants expire Jun 20, 2014
3,060 1,356
Sanatana Resources Inc.
STA:TSXV
Precious Metals
7,850,000 common shares
500,000 warrants expire Jul 12, 2013
4,598 1,060
Shoal Point Energy Ltd.
SHP:CNXS
Oil & Gas
12,750,000 common shares
1,000,000 warrants expire Apr 24, 2013
1,000,000 warrants expire Apr 29, 2013
500,000 warrants expire Aug 21, 2013
2,500,000 warrants expire Jul 31, 2014
2,491 1,010
Soltoro Ltd.
SOL:TSXV
Precious Metals
4,075,000 common shares
2,696 1,467
Stans Energy Corp.
RUU:TSXV
Potash, Lithium and Rare Earths
13,008,000 common shares
250,000 warrants expire Apr 28, 2013
8,888 3,902
Talon Metals Corp.
TLO:TSX
Base Metals
5,250,000 common shares
4,276 1,103
Temex Resources Corp.
TME:TSXV
Precious Metals
10,289,500 common shares
750,000 warrants expire Oct 11, 2014
4,343 1,698
U308 Corp.
UWE:TSXV
Uranium
22,274,771 common shares
500,000 warrants expire Feb 9, 2014
5,000,000 warrants expire Jan 11, 2015
8,842 4,386
Unigold Inc.
UDG:TSXV
Precious Metals
23,044,500 common shares
750,000 warrants expire Nov 17, 2013
1,750,000 warrants expire Mar 8, 2014
7,022 6,550
Vanoil Energy Ltd.
VEL:TSXV
Oil & Gas
4,702,500 common shares
500,000 warrants expire Oct 6, 2013
500,000 warrants expire Aug 2, 2014
2,348 1,881
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