Corporate Officers

• Gerald E. (Gary) Davis
• Rana Gill
• Linda Homes
• James Stonehouse

Gerald E. (Gary) Davis - President, Chief Executive Officer and Director

Mr. Davis was appointed Chief Executive Officer and President of Ascendant on December 20, 2004. He brings to Ascendant significant senior executive experience in the natural resource industry with broad commodity experience in base metals, precious metals, diamonds, industrial minerals, and coal. Mr. Davis was appointed as President and Chief Financial Officer of Atlas Minerals Inc. (formerly Atlas Corporation) on March 11, 2002 after having previously been appointed Chairman, Principal Financial Officer and Secretary on September 7, 2001. Mr. Davis also held the position of Chief Executive Officer from October 27, 2003 until June 2, 2004. He also has extensive experience as a Chief Financial Officer, serving in this capacity and previously other management positions with Archangel Diamond Corporation (TSXV: AAD) from May 1997 to December 2002, garnering experience in corporate finance as well as compliance issues. Mr. Davis spent thirteen years with ARCo Coal Company, a division of Atlantic Richfield, where he was responsible for worldwide acquisitions. He has been President, CEO and Director of Ascendant Barbados since January 26, 2005 and President of Ascendant Ecuador since May 4, 2005.

Mr. Gill has more than two decades of experience in the financial world, twelve years as Chief Financial Officer for companies in the North American business market. He was the cofounder, CFO and Director of RxKinetix Inc., an international biotech company which most recently sold for $115 million cash based on milestone payments. Mr. Gill has directed financial and operational activities for numerous companies including RxKinetix Inc., American Sensors, Inc., Pilkington Barnes-Hind, Glemby International, and General Electric subsidiaries. In addition, Mr. Gill has completed an IPO and secondary financing with listings both on TSX and NASDAQ. He is an avid traveler and philanthropist, recently traveling to Poland where he helped construct homes for lower income families.

Ms. Holmes was appointed Corporate Secretary to the Company effective February 1, 2005 and served as a Director from September 29, 2005 to May 1, 2007.  She has been a Canadian-U.S. Regulatory Compliance Consultant to public companies since1996. Prior to that she was Director of Corporate and Public Relations and served as the Compliance Manager for a group of publicly traded mineral exploration and mining companies. She served as Corporate Secretary to ProDigitalFilm Studios, Inc. (OTCBB:  PRGT), a company providing production studios and digital equipment and digital post-production editing suites to the Film and Television industries, from September 2004 to September 2005, and to Global Precision Medical Inc. (NASD Pink Sheets:  GBPM), a medical device technology company, from August  2002 to September 2005.  Ms. Holmes has served as Corporate Secretary to IGC Resources Inc.(TSXV:  IGC), a company engaged in the development of gold and copper projects in Western Australia, since August 16,2000 and as a Director since July 28, 2003.

Mr. Stonehouse brings 30 years of experience in all facets of the mining industry, including extensive exploration experience in Central and South America where, among other things, he has been responsible for development through feasibility and construction of numerous mining projects. Most recently, Mr. Stonehouse served as Vice President and Country Manager for Channel Resources Ltd. in Ecuador, where he currently resides and will continue to be based.