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Biography PhotoMichael S. Parrett

Michael S. Parrett was elected to the Board on May 7, 2009. Mr. Parrett has been an independent consultant since 2002. During 2002, 2003 and the first quarter of 2004, Mr. Parrett served as a financial consultant to Stillwater Mining Company. From 1990-2001 he worked at Rio Algom Limited and at various times was Chief Financial Officer of Rio Algom, President of Rio Algom and briefly Chief Executive of Billiton Base Metals. From 1983-1989, Mr. Parrett performed various financial functions, including Controller, Chief Financial Officer, Treasurer, Controller Marketing and Director Internal Audit at Falconbridge Limited. He is currently on the Board of Pengrowth Corporation (since 2004) and two private corporations involved in the mining business. He was on the Board of Fording Canadian Coal Trust from 2003-2008 and served on the Board of Directors of Gabriel Resources Ltd from 2003-2010 and was Chairman of that company effective December 2005. Mr. Parrett is a Chartered Accountant and received his Bachelor of Arts degree in Economics from York University.