Form of Proxy

TO SET THE NUMBER OF DIRECTORS AT FOUR (4)

ELECTION OF DIRECTOR: KIRILL KLIP

ELECTION OF DIRECTOR: JOHN DAVIES

ELECTION OF DIRECTOR: KONSTANTIN KLIP

ELECTION OF DIRECTOR: TOBIAS HIGGINS

APPOINTMENT OF MANNING ELLIOTT LLP AS AUDITORS OF THE COMPANY FOR THE ENSUING YEAR AND AUTHORIZING THE DIRECTORS TO FIX THEIR REMUNERATION

TO RATIFY, CONFIRM AND APPROVE RENEWAL OF THE COMPANYS 10% ROLLING STOCK OPTION PLAN, AS MORE PARTICULARLY DESCRIBED IN THE ACCOMPANYING INFORMATION CIRCULAR