Management Profile

Peter Cowley
Position: President, CEO & Director

Peter Cowley is a geologist with 40 years international experience in the minerals industry, mainly in Africa. Peter was President and CEO of Banro Corporation from June 2004 to 2008, where he led the exploration program that delineated 11 million ounces of gold along the Twangiza-Namoya gold belt. Prior to joining Banro, Peter was Managing Director of Ashanti Exploration, where he oversaw the exploration of the Geita mine in Tanzania which resulted in 17 million ounces being delineated. He holds M.Sc and M.B.A. degrees and is a Fellow of I.M.M.M. Peter is also a director of Cluff Gold plc and Banro Corporation.

Arnold T. Kondrat
Position: Executive Vice President and Director

The founder of both Loncor and Banro, Arnold has been involved in corporate finance activities for over 20 years. He is also President and Managing Director of Sterling Portfolio Securities Inc., a private venture capital firm based in Toronto.

Kevin R. Baker
Position: Director

Kevin Baker, Q.C. is President and Managing Director of Baycor Capital Inc., a private merchant bank based in Calgary, Alberta. Mr. Baker has over 37 years experience in the corporate securities industry and was a founder and director of a number of oil and gas, oilfield service, technology and real estate companies. Baycor has or has had a number of investments in Canada and the United States in the oil and gas, oilfield service, technology and real estate businesses. Mr. Baker is or has been a director of a number of private and public companies in Canada and the United States. He holds a B.Arts Economics and a Bachelor of Laws from the University of Alberta. Mr. Baker is a member of the Law Society of Alberta, past President of the Calgary Bar Association and was appointed Queen's Counsel in 1993.

Simon Village
Position: Director

Simon Village is CEO and President of Banro Corporation. He was formerly a Managing Director, World Gold Council, and principal of Exchange Traded Gold, a company responsible for developing and managing a series of direct physical gold investment products that have revolutionized the dynamics of the gold industry. Previous to this he was a Managing Director with HSBC responsible for Global Mining based out of London, and also Head of HSBC's South African Securities business. Simon holds a B.Eng (Hons) degree from Camborne School of Mines, and brings 20 years of gold industry and investment experience to the Company.

William R. Wilson
Position: Director

Bill Wilson is Director, Executive Vice President and CFO of ARNEVUT Resources, Inc., a private precious metals exploration company based in Colorado with properties in Nevada and Utah. He has created and managed 11 mining companies over 25 years with properties in the U.S., Canada, Russia, the DRC and Ukraine. Bill is a member of the Australasian Institute of Mining and Metallurgy, the Mining and Metallurgical Society of America, the Canadian Institute of Mining and the Society of Mining, Metallurgy and Exploration. He has a degree in Metallurgical Engineering from the Colorado School of Mines and an MBA from the University of Southern California. Bill has been involved in the mining industry for 35 years.

Richard Lachcik
Position: Director

Richard is a partner in the Canadian law firm of Norton Rose LLP which acts as counsel to Loncor. He specializes in corporate and securities law.

Maurice Colson
Position: Director

Mr. Colson has worked in the investment industry for more than 35 years and was for many years managing director for a major Canadian investment dealer in the United Kingdom. He is actively involved in providing strategic counsel and assistance with financing to emerging private and public companies in Canada and to Canadian companies operating in China, Africa, and South America. He sits on the board of directors of several TSX and TSX Venture listed companies and is the former President and CEO of Lithium One Resources. Mr. Colson holds a Masters of Business Administration degree.