Stefan J. C. Spicer

STEFAN J.C. SPICER, is Vice President and Director of Central Fund of
Canada Limited. He also serves as Chairman and Chief Investment Officer
of All-Canadian Management Inc., President of All-Canadian Resources
Corporation, Future Funds Inc., and Gold Money Corp. Inc., a Director of
Central Group (Alberta) Limited, Uroteq Inc. and President of
Conservation Foundation of the Hamilton Region.