INVESTMENTS

Marsman Drysdale Corp. - Is the management company of the group and is the investment vehicle for a number of high potential projects.

Marsman-Drysdale Corporation or affiliated companies own significant minority interests in the following corporations:

United Paragon Mining Corporation - is a publicly listed gold producer and operator of the group's mineral claims in Camarines Norte which has an estimated ore reserve of approximately 1 Million ounces of gold.