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Monday, 05/11/2015 4:21:25 PM

Monday, May 11, 2015 4:21:25 PM

Post# of 68
Background on CLNMF CEO Matthew Goldfarb

Mr. Matthew Goldfarb, also known as Matt, has been Acting Chief Executive Officer and Chief Restructuring Officer of Cline Mining Corp. since January 15, 2014. Mr. Goldfarb served as Interim Chief Executive Officer of Xinergy Corp. and served as its Vice Chairman since July 2011. He served as the Chief Executive Officer at Xinergy Ltd. from May 2012 to November 04, 2013. He served as Interim Chief Executive Officer at Xinergy Ltd. since May 14, 2012, served as its Vice Chairman since July 15, 2011. Prior to this, Mr. Goldfarb served as a Portfolio Manager at Fourth Street Holdings, L.L.C. from June 2010 to July 2011. From January 2009 to January 2010, he managed leveraged loan trading businesses at Pali Capital, Inc. and Tradition (North America) Inc. Mr. Goldfarb was a Senior Investment Analyst of The Blackstone Group/GSO Capital Partners LP from January 2007 to December 2008. He served as Senior Investment Analyst at Pirate Capital LLC from January 2005 to September 2006. Mr. Goldfarb joined Pirate Capital in January 2005 and served until September 2006. He was the Counsel at Icahn Associates Corp. for five years, where he focused on distressed deals and other opportunistic investments. Mr. Goldfarb was an Associate at Schulte Roth & Zabel LLP for three years. He has been a Director of Huntingdon Capital Corp since June 6, 2013 and Cline Mining Corp. since January 15, 2014. He served as a Director of FAM Real Estate Investment Trust. Mr. Goldfarb has been an Independent Director of Fisher Communications, Inc., since May 19, 2011. He served as a Director of CKE Restaurants, Inc since April 13, 2006, James River Coal Co. from August 22, 2006 to October 16, 2006, and Greenwich Global Capital Inc. since December 2009. He served as a Director of Xinergy Ltd. from December 21, 2009 to November 04, 2013 and served as its Lead Independent Director. He was a Director of The Blackstone Group/GSO Capital Partners LP from January 2007 to December 2008. Mr. Goldfarb earned his J.D. from Fordham Law School in 1997 and his B.A. in Economics from the University of Wisconsin in 1993.

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