FEC Resources Inc.

FEC Resources, Inc. is an investment company focused on the natural resource sector. The company was incorporated on February 8, 1982, in British Columbia, Canada, as Tylox Corporation, later changing its name to Tracer Petroleum Corporation in December 1991, Forum Energy Corporation in July 2003, and finally FEC Resources, Inc. on May 18, 2005. It currently holds 6.80% of the issued and outstanding capital of FEL. Additionally, FEC Resources, Inc. holds a 35% interest in Metalore Mining Corporation ("MMC"), a Philippine-based company with rights to a 64-hectare abandoned license. The company also owns a 1.08% interest in Lascogon Mining Corporation, which holds Mineral Production and Sharing Agreement 148 ("MPSA 148"), a gold exploration project in the Philippines. As of now, FEC Resources, Inc. does not have significant revenue-generating assets and relies on issuing new shares or debt to fund its ongoing operations. Its head office is located at Suite 2300, Bentall 5, 550 Burrard Street, Vancouver, BC, V6C 2B5.