Management works on behalf of shareholders under the guidance of the Board of Directors who have provided a mandate to build Callinan over the long term and across economic cycles. The team consists of a dedicated and focused group of professionals who serve as prudent stewards of company assets and who work with a spectrum of advisors and consultants as required. As members of the management team are also significant shareholders, due attention is given to preserving as well as enhancing shareholder value.

Roland Butler, B.Sc., Geology

President and CEO

Mr. Butler graduated from Memorial University in Newfoundland and Labrador (B.Sc., Geology) in 1996 and was the co-founder of Altius Minerals Corporation (ALS:TSX). He served as Vice President and Director of Altius from listing in October 1997 through to March 2010 and also served as CFO until 2003 and COO from 2007. During that time, he played an integral part in a successful business model of generating mineral exploration projects and pursuing joint venture and royalty agreements or creating new companies with third parties. He was also co-recipient of the Entrepreneur of the Year Award 2008 by the Faculty of Business Administration, Memorial University on behalf of Altius Minerals Corporation. He is currently a director of Millrock Resources Inc.(TSXV:MRO), which is active in Alaska and Arizona. Roland is presently a director and President and CEO of Callinan Royalties Corporation, (TSXV:CAA) a Canadian mineral royalty company.

Tamara Edwards

CFO

Ms. Edwards joined Callinan Royalties in 2006 after spending eleven years at CHC Corporation in various roles, the most recent being Director of Business Information -- Global Operations. She graduated from Centennial College in Toronto in 1983 with a degree in Business. Ms. Edwards then went on to earn her Certified Management Accountant designation after several years of increasing accounting responsibilities in both public and private companies. With over twenty years of accounting experience, Ms. Edwards brings valuable experience and leadership to the Callinan Management Team.

Roderick Smith, M.Sc., P. Geo.

Principal Geologist

Mr. Smith joined Callinan in early 2011 and brings over 15 years of mineral exploration experience to the team. Roderick has worked in geologically diverse settings ranging from early stage to advanced exploration projects throughout Canada and internationally. Before joining Callinan, Roderick was the senior Project Geologist of Brownfield Exploration with Vale located at the Voisey's Bay mine site where he spent five years. Prior to Voisey's Bay, Roderick worked with Altius Minerals Corporation and was instrumental in its prospect generation model. Mr. Smith holds a M.Sc. degree from Memorial University of Newfoundland and is a registered Professional Geologist in the province of Newfoundland and Labrador.

Trevor Rice, B.Sc., P.Geo

Manager of Technical Services

Mr. Rice joined Callinan Royalties in late 2011 as Manager of Technical Services and is responsible for data management and geological and technical support. He began his career as a geologist in the mid 1990's with Noranda (now Xstrata) and later worked overseas with Celtic Minerals and Tiberon Minerals in Papua New Guinea and northern Vietnam. He continued his career with Aur Resources at the Duck Pond copper-zinc mine on the island of Newfoundland. Prior to joining Callinan, Trevor spent five years working as Project Geologist and then Area Geologist with Vale at the Voisey's Bay mine site in Labrador, Canada and also visited the Middle East assisting with project evaluation. Trevor graduated from Memorial University of Newfoundland and Labrador in 1996 with a BSc.(Hons.) in Geology.

Jonathan Rosset, M.Sc., CFA

Financial Analyst

Mr. Rosset joined Callinan Royalties in early 2012. Previously, he worked for Orbis Investment Management Limited, an offshore mutual fund company. Jonathan holds a M.Sc. degree in Management with a specialization in Finance from the IESEG in France. He brings a diverse financial skill set to the team and will be working in close relations with the CEO.

Darlene Jefferies, B.Ed.

Executive Assistant

Mrs. Jefferies graduated from Memorial University in Newfoundland and Labrador (B.Ed.) in 1997 where she was named to the Dean's List at the Faculty of Education. She was an educator in Newfoundland for 13 years and is a respected volunteer in her community. She joined Callinan Royalties in 2011 and her responsibilities include providing administrative, logistical and financial reporting support.