Board of Directors

Jack C. Lee, Calgary, Alberta
Board Chairman
Director Since: July 31, 2008

Mr. Lee is President of Facet Resources Ltd., a private investment company. In May 2008 he became Chairman of Sprott Inc., prior thereto he was Vice Chairman of Penn West Energy Trust, Chairman of Canetic Resources Trust and President and Chief Executive Officer of Acclaim Energy Trust. Mr. Lee is also on the board of Ithaca Energy Inc. and three private oil and gas companies, Gryphon Petroleum Corp., Darian Resources Ltd. and CanEra Resources Inc.

Clay Riddell, Calgary, Alberta
Director
July 31, 2008

Mr. Riddell has been the Chairman of the Board and Chief Executive Officer of Paramount Resources Ltd. since 1978. He is the Chairman of the Board of Paramount Energy Operating Corp., a wholly-owned subsidiary of Paramount Energy Trust, and Trilogy Energy Ltd., a wholly owned subsidiary of Trilogy Energy Trust. Mr. Riddell was previously on the board of directors of Newalta Income Fund and its wholly-owned subsidiary, Newalta Corporation.

Mitch Shier, Calgary, Alberta
Director
July 31, 2008

Mr. Shier is General Counsel, Corporate Secretary and Manager, Land of Paramount Resources Ltd., which he joined in November, 2008. From 2002 until January 2009 Mr. Shier practiced oil and gas and commercial law as a partner with Heenan Blaikie LLP, (a national law firm) and remains of counsel with that firm. Mr. Shier is also a director of Trilogy Energy Ltd., a wholly-owned subsidiary of Trilogy Energy Trust.

Mary Ritchie, Edmonton, Alberta
Director
July 31, 2008

Ms. Ritchie is President and Chief Executive Officer of Richford Holdings Ltd., an accounting and investment advisory services company. Ms. Ritchie is a member of the Canadian Institute of Chartered Accountants, and a Fellow of the Institute of Chartered Accountants of Alberta. Ms. Ritchie is the Chairman of the Audit Committees of RBC Funds Inc. and RBC Advisor Global Fund Inc.. She is also a member of the Board of Directors of Industrial Alliance Ltd.

John P.A. Budreski, Toronto, Ontario
Director
July 31, 2008

On March 23, 2009, Mr. Budreski became a Managing Director with Cormark Securities Inc. Prior thereto Mr. Budreski was an independent businessman and also Advisor – Special Projects with Tricor Pacific Capital, Inc., a private equity firm based in Vancouver, British Columbia. Prior thereto, Mr. Budreski was the Chief Executive Officer of Orion Securities Inc. prior to its sale to the Macquarie Group. Prior thereto, Mr. Budreski was a Managing Director at Scotia Capital Inc.

Stephen King, Calgary, Alberta
President, Chief Executive Officer and a Director
July 31, 2008

Prior to joining Alaris in July 2008, Mr. King was and continues to be the President and Chief Executive Officer of Alaris IGF Corp. and its predecessor since April 2004. Prior thereto, Mr. King spent 12 years in the investment banking industry and is a Certified Financial Analyst. Mr. King is a director of Metropolitan Investment Corporation, a private investment company and a director of the general partner of LifeMark Health.

Gary Patterson, Kelowna, British Columbia
Director
July 31, 2008

Since June 2003 Mr. Patterson has been the President and Chief Executive Officer of GAP Financial Ltd., a British Columbia based company which provides financial and business advisory services to corporations. Mr. Patterson also sits on the board of Seacliff Construction Corp., a diversified construction company providing general contracting and electrical contracting services to public and private sector clients. In addition, he was previously on the board of trustees of Art In Motion Income Fund and SUMMIT Real Estate Investment Trust and the board of directors of EarthFirst Canada Inc. Mr. Patterson is also a Fellow of the Institute of Chartered Accountants of British Columbia.