Promoting Grass Roots Exploration

Board of Directors

John R. Adams

Chairman

Mr. Adams, who has more than 30 years of experience in the mining business, has been advancing the Toroparu Project for over 15 years. A Director of Lucky Strike Resources Limited, he is also the Chairman and President of the privately-held and family-owned Energy Fuels Corporation group of companies, which owned and developed Colorado's largest coal mine. He was previously the Chief Executive Officer of Energy Fuels Nuclear Inc., the largest producer of uranium in the US during the 1980s and 1990s. The son of the late Robert W. Adams, one of the founders of the U.S. uranium industry, Mr. Adams has been active in real estate development, banking, cattle production, and formerly owned 40% of the Denver Broncos National Football League franchise.

Richard A. Munson B.A., J.D., L.L.M.

Chief Executive Officer, Director, Corporate Secretary

Mr. Munson has been involved with the Toroparu Project since 1999 through ETK, Inc., a Guyana corporation formed when he and John Adams obtained the rights to the land concession now known as Toroparu. Mr. Munson became the CEO and a Director of Sandspring in 2009, when it acquired the Toroparu Gold Project. Active in the natural resources sector for over 35 years, Mr. Munson began his career as a taxation lawyer. In 1985, he joined the Energy Fuels Corporation group of companies, where he is now a Director and Executive Vice President.

P. Greg Barnes B.Sc., MSc.

Executive Vice-President, Director

A director since 2010, Mr. Barnes was a technical adviser on the Toroparu Gold Project for several years prior to joining Sandspring's management team in January 2011. Previously the Chief Executive Officer, President and a Director of the privately-held Hunter Energy LLC and Hunter Resource Capital Inc., Mr. Barnes has been involved in a number of privately held companies, and specializes in the trading, production, and investment in commodities in developing countries.

Suresh Beharry

Independent Director

Mr. Beharry is the Vice Chairman of the Edward B. Beharry & Company Ltd. (the "Beharry Group"), a business conglomerate active in a number of industries throughout Guyana and the Caribbean. The Beharry Group's interests in the Guyanese insurance and finance sectors include an engagement with the Guyana Americas Merchant Bank, which started as a joint venture with the International Finance Corporation, a member of the World Bank Group. The Beharry Group operates a major food manufacturing and distribution business in Guyana, and is the exclusive distributor of Toyota in Guyana through Beharry Automotive Ltd.

David Constable BSc, MBA, ICD.D

Independent Director, Audit Committee Chair

Chairman of U308 Corp. and a director of Tiger Resources Ltd. and Woulfe Mining Corp., David Constable has worked in the resources sector for more than 40 years. He is a professional geologist whose experience extends to mineral exploration, development, and strategic investor relations, both in Canada and internationally. Mr. Constable was the Vice President of Investor Relations for FNX Mining Company Inc. for 8 years until he retired in 2010 following the company's merger with Quadra Mining Ltd.

Frank Giustra

Independent Director

Frank Giustra is CEO of the Fiore Group, a private firm managing a broad portfolio of private equity investments and companies, specializing in food and lifestyle, art and entertainment, while having a proven track-record in financing and creating public natural resource companies. Mr. Giustra's entrepreneurial success includes founding Lionsgate Entertainment, now one of the world's largest independent film companies. Mr. Giustra is a major shareholder of Thunderbird Films, a company focused on content and distribution in the television and film sector. In 2014, he founded Fiore Music and Westsonic Music Inc., and actively composes lyrics for songs in all genres.

Mr. Giustra is a strong believer in philanthropy, and devotes much of his time to a variety of causes. He established The Radcliffe Foundation, which supports a wide variety of international and local charities. Since 2005, Mr. Giustra has become an active executive member with the International Crisis Group, a widely recognized independent, non-partisan source of analysis and advice to policymakers on the prevention and resolution of deadly conflict.

In 2007, Mr. Giustra and former President Bill Clinton launched the Clinton Giustra Enterprise Partnership, with the focus of creating social and economic development programs through impact investing, in parts of the world where poverty is widespread. Mr. Giustra sits on a variety of non-profit, private and public boards. Mr. Giustra is a board member of Lionsgate Entertainment, Endeavour Mining, Petromanas Energy and Thunderbird Films. In addition, he sits on boards of the Clinton Giustra Enterprise Partnership, The Bill, Hillary and Chelsea Clinton Foundation, International Crisis Group, and Streetohome Foundation.

David Laing

Independent Director

Mr. Laing is the COO of True Gold Mining Inc. Prior to joining True Gold, Mr. Laing was COO and led the origination and execution of stream financing transactions of Quintana Resources, a base metals streaming company. He was also one of the original executives of Endeavour Mining Corporation as the group grew from one mine in Burkina Faso to a 500,000 ounce gold producer in West Africa. He was an integral part of the acquisition and integration of three junior gold producers and led the feasibility of a fourth project, in Burkina Faso.

Prior to these recent roles, Mr. Laing held senior positions in mining investment banking at Standard Bank in New York, technical consulting at MRDI in California, the Refugio project at Bema Gold Corp. and various roles at Billiton, Royal Dutch Shell's mining business.

Harry Pokrandt

Independent Director

Mr. Harry Pokrandt recently retired from Macquarie Capital Markets Canada Ltd. Formerly, Mr. Pokrandt was Managing Director for a major international investment banking firm, leading its Metals & Mining Group at its Vancouver office. He was previously involved with resource-focused investment bank boutique, Orion Securities Inc., where he worked in Institutional Sales for over 20 years. He has worked on numerous financing and advisory assignments in the metals and mining sector. He has been a Member of Advisory Board at IDM Mining Ltd. since May 26, 2015. Additionally, Mr. Pokrandt was a member of the President's Council for the International Crisis Group from 2010 to 2013 and has been actively involved in the Local Advisory Committee for the TSX Venture Exchange since 2013.