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Middlefield Capital Corporation ("MCC") is the advisor for the Trust's portfolio. MCC and its affiliates provide a variety of financial services including investment management, corporate finance, merchant banking, mergers and acquisitions, advisory and security placement services. MCC has developed a special expertise in the natural resource, real estate and small capitalization corporate sectors.

Garth Jestley  

W. Garth Jestley is a Director of the Middlefield Group and President of MCC. Prior to joining Middlefield in 1985, he was a Vice-President of Bank of Montreal and head of an international finance unit responsible for non-recourse lending primarily in the natural resource sector and, prior to that, was a Vice-President in the Corporate Banking division of Citibank N.A. Mr. Jestley is a Chartered Financial Analyst.

Dean Orrico  

Dean C. Orrico is Managing Director and Portfolio Manager of Middlefield Capital Corporation. Prior to joining Middlefield in 1996, he was an account manager with The Toronto-Dominion Bank responsible for the borrowing activities of a portfolio of commercial accounts.

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