|Paradigm Capital Inc.||David Davidson|
|Scotia Capital||Orest Wowkodaw|
|GMP Securities||Ian Parkinson|
Please note that any opinions, estimates or forecasts regarding the performance of NGEx Resources made by these analysts are theirs alone and do not represent the opinions, estimates or forecasts of NGEx Resources or its management. NGEx Resources does not by its reference above or distribution imply that it analyzes or approves of such information, conclusions or recommendations.