DIRECTOR RESOLUTIONS

OF

LONDEX RESOURCES S.A.

(the 

 

The undersigned, being the Directors of a Panama Company existing under the laws of

Panama, acting in such capacity and on that behalf, do hereby adopt the following
resolution:

RESOLVED:

1. That pursuant to the declaration of the sole shareholder dated April 14"1
2008, share certi?cate number 2 representing 100 shares issued to Oxnard

Management Inc. has been returned and is hereby cancelled with
immediate effect.

2. That three share certi?cates be issued as follows and that issuance be
entered into the share register of the Company:
Certi?cate No. 3 Lynden Management Group Inc. 33.33 Shares

Certi?cate No. 4 Arblos Management Corp. 33.33 Shares
Certi?cate No. 5 Hising Management SA 33.34 Shares

Adopted and signed this 14* Day of April 2008.

Executed by the Directors of
LONDEX RESOURCES SA

Tagiva Management Ltd. - Director Tagiva Services Ltd. Director

SW . Guru
Authorise gnatory Authorised Signatory

Denman Management Ltd. Director

 

   

Authorised Signatory