Mr. Malcom L. Stevens Chairman

Qualifications: Chartered Accountant with Price Waterhouse – Perth, Jakarta and Toronto

Career Highlights
1971-1979	Chartered Accountant with Price Waterhouse – Perth, Jakarta and Toronto
1979-1982	Morgan Grenfell Australia Ltd - Sydney Part of the Executive team that arranged the finance for major projects, including the North West Gas Project (Australia).
1982-1986	Lease Underwriting Ltd - Sydney Instrumental in pioneering the development of the modern gold loan, and in association with Rothschild Australia and North America, assisted numerous companies to finance their projects using these loans and associated hedging facilities.
1986-1992	Mineral Investment Corporate Adviser principally in Canada and Australia Developed extensive experience in the financing of production assets, having arranged and structured many producing gold assets in Australia and Canada. Incorporated CanAustra Investments Limited (Australia) Obtained investment dealers license Mineral Investment Advisory, Corporate Advisory, Private Equity investment advisory and investment Fund Raising Founding and major shareholder Malcolm Stevens, others included Rothschild Golden Arrow Fund + ~ 15 individual investors Principal commodity exposure Gold, Copper, Nickel/Cobalt, Sodium Sulphate, Timber, Diamonds and Base metals Other Funds management business establishment
1993-1999	Established private equity Minerals ‘seed capital’ investment syndicates - Commodities invested in: Nickel/cobalt – New Caledonia & Aust. Gold/copper – Argentina, Australia & Asia Industrial minerals – Argentina
1999-2003	During the weak commodity price and mineral investment cycle established a Private Equity Fund Manager (Industrial business mandate) Incorporated Hawkesbridge Limited (currently has ~A$24 million under mgt) Obtained Australian Securities Investment license Formalised Investment Processes including Manuals and Corporate Governance procedures (in accordance with the stringent requirements of St. George Bank) Founding shareholders: CanAustra Group and associates St. George Bank Limited (Australia’s 5th largest Bank) + ~ 25 individual shareholders Founding unit holders (and second round shareholders) Western Australian Local Government Superannuation Fund Australian Meat Workers Union Superannuation Fund
2003-2006	With the resurgence of commodity markets and the mineral investment cycle the CanAustra Group increased its focus on the advancement of the mineral investment portfolio established mid-1990’s, augmented mineral project identification, exploration, development/production and administration team
2006-present	Became Chairman of Chairman of Direct Resources limited on the 8th December 2006, on the 18th May 2007 the company was renamed to Global Resource Holdings Limited (GRHL). GRHL is continuously increasing value of its investment, energy and mining company with different assets base that is matching world standards.