Billy G. Torres

Apex Mining Co., Inc. is engaged in the business of mining, milling, concentrating, converting, smelting, treating, preparing for market, manufacturing, buying, selling, exchanging and otherwise producing and dealing in gold, silver, copper, lead, zinc brass, iron, steel and all kinds of ores, metals and minerals. The Company's operation is situated in the Municipalities of Maco and Mabini, where the area has epithermal gold deposits and porphyry copper deposits. The Company operates the Maco Gold Mine situated in the Municipalities of Maco and Mabini in Compostela Valley. The Company's mine produces bullion containing gold and silver. The Company holds interests in Monte Oro Resources & Energy, Inc. (MORE), which owns Paracale Gold Ltd. that owns Coral Resources Philippines Inc., which in turn owns a mineral processing plant in Jose Panganiban, in Camarines Norte, and Bulawan Mineral Resources Corporation.