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MANAGEMENTLeonard Sternheim - CEO, President and Director

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SPEEDTRADER   Sunday, 01/29/12 10:16:22 AM
Re: MagShoe post# 2
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MANAGEMENT
Leonard Sternheim - CEO, President and Director
Leonard founded Mustang in 2010. Leonard negotiated and financed the acquisition of the Mustang Concessions and is responsible for relations with the local miners of the community, the Ministries of Environment and Mines.

Larry Wolfe - CFO, Director
Larry has more than 20 years of professional accounting experience, Larry was a partner in charge of audit and assurance services with Jewett, Schwartz, Wolfe & Associates, focused on SEC compliance and corporate due diligence, forensic accounting, litigation support and business valuation services.

John C. Spurney - Senior Geologist, QP
John has over 28 years of experience in mineral exploration. He played a key role in discovery of the Cerro Crucitas and Conchudita epithermal gold deposits (in Costa Rica), and the Cerro Casale porphyry gold-copper deposit (in Chile). Mr. Spurney has worked both as an independent consultant and an employee for such world-class companies as Placer Dome, Barrick Gold and Kinross Gold, among others.

Keith Brogoitti - Senior Mining Engineer
Keith brings with him over 25 years of mineral exploration, development, and operational experience. He has worked in the uranium, base metal and precious metal sectors of the mining industry. He has held management positions for companies such as Newmont Mining and Compania Minera Antamina. He has also worked as a technical consultant for Placer Dome and Noranda and most recently has been consulting for Kennecott, Phelps Dodge, Asarco and BHP. He has worked internationally in Myanmar, Chile, Peru and Iraq.

Mendel Mochkin - Vice President, Corporate Secretary and Director
Mendel has over 10 years experience as a founder and senior executive of companies in the Natural Resources and Digital Media sectors. Mendel has evaluated and successfully executed oil and gas plays around the world. Most recently, Mendel was a founder and Director of Avenue Energy Israel, operating Israel's only onshore oil field and was a founder of Israel Land Development Energy Company, that acquired licenses offshore Israel and completed an IPO on TASE valuing the licenses at $460 Million.

Gerardo Flores - Country Manager
Since 2006, Mr. Flores has been general manager of Compañía Minera Cerros del Sur (Mina Clavo Rico) a Honduran company, where he installed and managed an operating gold mine and managed the operations of the company on a day-to-day basis. From 2003 to 2006, he was an assistant manager at Compañía Minera Cerros del Sur, where he acted as a liaison for the company and the Honduran government and the local community. Mr. Flores holds undergraduate degrees in civil engineering and a master of science in herpetology from the Universidad Autónoma de Honduras located in Tegucigalpa, Honduras and also a bachelor of science from West Minister College located in Salt Lake City, Utah.

Raul Felipe Calix Matute P.H.D. - Country Geologist
Raul has over 25 years experience in mineral exploration in Honduras. From 1999 until 2007 Raul was the manager of the Mine and Geology department at the Honduran Ministry of Mines (DEFOMIN). At DEFOMIN, Raul developed the first comprehensive metallogenic map of Honduras. Since 2007, Raul has consulted for various mining companies, both international and domestic, in Honduras.



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