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Bauxite Resources Inc.

Bauxite Resources Inc. (BARI) is owned by Asia Pilot Mining Philippines Corporation (APMPC), a mining company that Marcventures Holdings Inc. (MHI) signed a merger agreement with, in order to extract bauxite in Western Samar. BARI owns Mineral Production Sharing Agreement (MPSA) 180-2002- VIII (Samar Island Bauxite Reservation) with an area of 5,435 hectares located in Gandara, San Jose De Buan and Wright, Province of Samar issued on December 5, 2002.