Company Overview

Completion of the Ovoot Early Development Project (OEDP) Pre-Feasibility Study, progression for the approvals, completion of studies, and funding towards the development of the OEDP

Directors and Management

Mr David Paull

Non-Executive Chairman,Non-Executive Director 20/03/2018

Mr Paull has over 28 years' experience in resource business development and industrial minerals marketing. For the past 7 years, Mr Paull has been Managing Director of Aspire after being involved in the recapitalisation of the Company and redirection to targeting Mongolian coking coal assets.

BCom, FSIA, MBA Male

Mr Neil Alexander Lithgow

Non-Executive Director 12/02/2010

Mr Lithgow is a geologist by profession with over 27 years' experience in mineral exploration, economics and mining feasibility studies, covering base metals, coal, iron ore and gold. Mr Lithgow is a member of the Australian Institute of Mining and Metallurgy and the Financial Services Institute of Australia. Mr Lithgow has previously worked for Aquila Resources Limited and Eagle Mining Corporation NL and is currently a Non-Executive Director of Bauxite Resources Limited (appointed 15 May 2006).

MSc, FFin, M.AusIMM, FINSIA, MFSIA Geologist Male

Mr Achit-Erdene Darambazar

Managing Director 07/12/2018

Mr Darambazar is financial adviser to Mr Tserenpuntsag and President and CEO of Mongolian International Capital Corporation LLC (MICC), a leading Mongolian investment banking firm and the first investment advisory, stock underwriting and brokerage firm in Mongolia. He acted as lead advisor for the first bond offerings on the local stock exchange by major Mongolian companies, MCS and Gobi Corporation. He has also advised on a number of high-profile transactions in Mongolia, including the privatisation of the Trade and Development Bank of Mongolia and Agricultural Bank.

Male

Ms Hannah Badenach

Non-Executive Director 18/04/2013

Ms Badenach is a lawyer, having practiced law for several years in Asia, including two years in Mongolia, starting in 2004 with Lynch & Mahoney. Ms Badenach has experience in management and development within Mongolia. Ms Badenach was Managing Director of QGX Mongol LLC from 2006, where Ms Badenach was responsible for the general management of the company until it was sold in 2008.

BA, LLB (Hons) Lawyer Female

Mr Boldbaatar Bat-Amgalan

Non-Executive Director 07/12/2018

Mr Amgalan has had senior roles in public relations and publishing and was previously a director of Erdenet Mining Company. He also previously held senior roles in the Government of Mongolia, including the State Secretary for the Ministry of Foreign Affairs, and Chairman of the Communication Regulatory Commission.

Male

Top 20 Shareholders

Director Transactions