Todd J. Morgan

TODD J. MORGAN is Chairman and Director of the Board of Directors (since June
2004), President and Chief Executive Officer of Armistice Resources Corp. and
is also President of Morgan Development Corp. (since 1993). He coordinated the
settlement of outstanding legal claims that threatened the existence and
continuance of Armistice, and negotiated an omnibus agreement with various
parties to settle litigation involving Armistice. The settlement agreement was
effected on June 30, 2004, along with a $2 million private placement of
Armistice shares.