Angus Middleton
SA Fin, MSAA
32 Short Crescent,
Beaumont SA 5066
Phone 08-8338-4880, Fax 08-8338-4881
Mobile 0419 800-680

2015- CORPORATE FINANCE: EQUITISE CROWD FUNDING Sydney, NSW
Bringing investors and entrepreneurs together, the Equitise crowdfunding platform . simplifies the investment marketplace. It removes traditional barriers to investing . and sourcing capital by making the process quick, easy and safe.

2015- ADVISORY BOARD INDUSTRIAL HEMP CO: KAVVABIS Perth, WA
Licenced to grow and process Hemp plants for the purpose of extraction and . beneficiation of CBD extracts. ASX listing scheduled for late 2015.

2014- DIRECTOR KALAMAZOO RESOURCES LIMITED Melbourne, VIC
Junior explorer/developer on track for early cash flow from trial mining 5,000 ozs . of gold. Mining of high quality concrete sand is scheduled for the second half.

2014- ADVISORY BOARD BERKELEY FUNDS MANAGEMENT Perth, WA
A Convertible Note / Converting Note fund focused, but not limited to, listed and . expected or scheduled to list companies on recognized global Stock Exchanges.

2014 – DIRECTOR: EXCALIBUR MINING CORPRATION LIMITED (ASX:EXM) Perth, WA
Excalibur is a resources company focusing on gold exploration and mining. It’s . major assets are in the Northern Territory.

2014 – DIRECTOR: APHRODITE GOLD LIMITED (ASX:AQQ) Melbourne, VIC
Aphrodite is a promising gold exploration company, focused on transitioning from . explorer to producer in the near term.

2012 – 2013 CREST MINERALS LIMITED (ASX:CTT) Adelaide, SA
Managing Director of a Publically Listed Micro-cap junior explorer which has evolved through discovery to become an emerging gold producer. Responsibilities included managing drilling programs with a small but effective technical team, compliance, corporate governance and development and IR & PR.

2010 – DIRECTOR: HILLCREST LITIGATION SERVICES LIMITED (ASX:HLS) Perth, WA
The principal activity of the Company is the provision of litigation funding.

2007 – SA CAPITAL FUNDS MANAGEMENT LIMITED Adelaide, SA
Founder & Managing Director of Wholesale Australian Financial Services Licence and business specialising in Analysis, Evaluation and Research providing investors with discretionary investment under management in the Micro-cap Mining Sector

2004 – SA CAPITAL PTY LTD Adelaide, SA
Founder & Managing Director of Wholesale Australian Financial Services Licence and business specialising in Analysis, Evaluation and Research & non-discretionary co-investing in the Micro-Cap Mining Sector

1999 – 2004 MORGAN STANLEY SMITH BARNEY (Formerly ANZ Securities) Adelaide, SA SEATS Operator ASX, Institutional, Wholesale, Corporate & Retail Advisor

1987 – 2004 AUSTRALIAN STOCK EXCHANGE Adelaide, SA
Member of the Adelaide Stock Exchange and Australian Stock Exchange (ASX) until the ASX Demutualisation then Master Stockbroker having met the educational and experience pre-requisites for membership

1987 – 1999 ORD MINNETT STOCKBROKERS (Formerly TBL) Adelaide, SA
Director, Head Operator, trader & dealer on the trading floor of the Adelaide Stock Exchange & SEATS Operator ASX, Institutional, Wholesale, Corporate & Retail Advisor

1986 – 1987 RBS MORGAN’S STOCKBROKERS (Formerly Goldsmiths) Adelaide, SA
Head Operator, Institutional, Wholesale, Corporate & Retail trader & dealer on the . Trading floor of the Adelaide Stock Exchange

1985 THE SECURITIES INSTITUTE OF AUSTRALIA (SDIA) Adelaide, SA
Graduated with Distinction in Securities Law and Stockbrokers Administration.

1985 – 1986 JOHNSON TAYLOR STOCKBROKERS (Now Bell Potter Securities) Melbourne, VIC
Head Operator, Institutional, Wholesale, Corporate & Retail trader & dealer on the trading floor of the Melbourne Stock Exchange

1983 – 1985 GREAT EASTERN MINES LIMITED Denver, CO
Head of US office responsible for PR & IR and a successful NASDAQ Listing

1980 – 1983 NC SHIERLAW & ASSOCIATES (Now Taylor Collison Stockbrokers) Adelaide, SA
Operator, trader & dealer on the trading floor of the Adelaide Stock Exchange

DIRECTORSHIPS, PUBLIC AND PROFESSIONAL ASSOCIATIONS

Corporate Finance Equitise Crowdfunding 2015- Advisory Board Kavvabis 2015-
Non-Executive Director Excalibur Mining Corporation Limited (ASX: EXM) 2014 –
Non-Executive Director Kalamazoo Resources Limited 2014 –
Advisory Board Berkeley Fund 2014 – Non-Executive Director Aphrodite Gold Limited (ASX: AQQ) 2014 –
Non-Executive Director Hillcrest Litigation Services Limited (ASX: HLS) 2010 –
Non-Executive Director Landscape Partners (Not for Profit) 2009 – 2013
Non-Executive Director Rubianna Resources Limited 2009 – 2012
Non-Executive Director Black Ridge Mining NL 2009 – 2012
Non-Executive Director Magna Mining NL 2008 – 2012
Master Stockbroker Association Australia 2004 –
Stock Brokers Association of Australia (Formally SDIA) 1999 – 2004
Financial Services Institute of Australasia (Formally FINSIA) 1986 –
Adelaide Stock Exchange Listing Committee 1986 – 1989

PROFILE

After nearly 25 years of stockbroking including membership of the Adelaide and then the Australian Stock Exchange, Angus Middleton founded SA Capital Pty Ltd under an Australian Financial Services Licence (AFSL: 291787) authorising it to provide financial advice and financial product dealing services, in respect of a range of financial products, to wholesale clients. This business has successfully provided services to corporate and wholesale investors since its inception. Angus is the Managing Director and Responsible Manager of SA Capital.

SA Capital and its associates have been involved in advising and raising equity for corporations in the form of venture capital, seed capital, private equity, pre-initial public offering and initial public offerings. SA Capital and its associates have also been active in the secondary or listed market. Typically, SA Capital acts as the underwriter for issues of equity but has also worked with other AFS Licence holders and advisors as a syndicate. SA Capital, its associates and its wholesale clients also invest together in managed investment schemes.

Angus Middleton is also the Managing Director of SA Capital Funds Management Limited, the manager of the Micro-cap Mining focused, closed end, fixed term SACFM NO 1 Fund. SA Capital Funds Management commenced operations in 2007 and successfully gained an AFS Licence (AFSL: 320797) in February 2008. The Management Company intends to manage other Funds under partnership with other Fund Managers following the maturity of the SACFM No 1 Fund in 2013/2014.
SA Capital and SA Capital Funds Management have been primarily active in the Mining Sector with Angus Middleton as its principal accepting Non-Executive roles with publically listed Companies. This role was driven by corporate needs in the areas of Capital Raising and Investor & Public Relations.

Angus accepted a promotion from Non-Executive Chairman to the Managing Directors role at Crest Minerals Limited in April 2012. His achievements include a successful ASX Listing raising $3,500,000 in a very difficult market in June 2012, overseeing 37,000 meters of drilling over three project areas and the raising of $1,000,000 (approximately) in an equally difficult June 2013. He leaves Crest which has made a gold discovery at its flagship project Majestic North in good shape to focus on infill and extention development drilling for an intended Open Pit Mine in the second half of 2014.

In addition to Executive responsibilities at SA Capital Pty Ltd & SA Capital Funds Management Limited Angus has a Corporate Finance role with Crowdfunder Equitise and is on the Advisory Board of Berkeley Funds Management & Industrial Hemp Company Kavvabis. He is a Non-Executive Director of Hillcrest Litigation Limited (ASX: HLS), Aphrodite Gold Limited (ASX: AQQ) Excalibur Mining Corporation Limited (ASX: EXM) & Kalamazoo Resources Limited.

Referee: Allan Moffatt 0417 549163 Phillip Capital Australia amoffatt@phillipcapital.com.au

Referee: Luke Reinehr 0413 866 611 Kalamazoo Resources Limited Luke.Reinehr@kalamazooresources.com.au