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<SEC-DOCUMENT>0001309014-06-000433.txt : 20060608
<SEC-HEADER>0001309014-06-000433.hdr.sgml : 20060608
<ACCEPTANCE-DATETIME>20060608133001
ACCESSION NUMBER:		0001309014-06-000433
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		9
CONFORMED PERIOD OF REPORT:	20060603
FILED AS OF DATE:		20060608
DATE AS OF CHANGE:		20060608

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			INTERNATIONAL GEMINI TECHNOLOGY INC
		CENTRAL INDEX KEY:			0000795800
		STANDARD INDUSTRIAL CLASSIFICATION:	PATENT OWNERS & LESSORS [6794]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-14740
		FILM NUMBER:		06893536

	BUSINESS ADDRESS:	
		STREET 1:		#208 - 828 HARBOURSIDE DRIVE
		CITY:			N. VANCOUVER
		STATE:			A1
		ZIP:			V7P 3R9
		BUSINESS PHONE:		604-904-8481

	MAIL ADDRESS:	
		STREET 1:		#208 - 828 HARBOURSIDE DRIVE
		CITY:			N. VANCOUVER
		STATE:			A1
		ZIP:			V7P 3R9
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>htm_1494.htm
<DESCRIPTION>LIVE FILING
<TEXT>
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<HEAD>
<TITLE>
International Gemini Technology Inc.&nbsp;-&nbsp;Form&nbsp;6-K
</TITLE>
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<A NAME="DOCUMENT_TOP">&nbsp;</A>
<P align="center">
<FONT size="+1"><B>
UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
Washington, D.C. 20549</B>
</P>

<P>
<CENTER>
<FONT SIZE="+2" FACE="Arial"><B>Form 6-K</B></FONT><BR>

</CENTER>
</P>

<P>
<CENTER>
<FONT size="+1">
REPORT OF FOREIGN PRIVATE ISSUER<BR>PURSUANT TO RULE 13a-16 OR 15d-16<BR>UNDER THE SECURITIES EXCHANGE ACT OF 1934
</FONT>
</CENTER>
</P>
<P>
<CENTER>
June 3, 2006
</CENTER>
</P>
<P>
<CENTER>
Commission File Number: 000-14740
</CENTER>
</P>
<!-- End Cover Page Header -->
<!-- Cover Page Registrant -->
<TABLE CELLSPACING="0" BORDER="0" CELLPADDING="0" WIDTH="100%">
  <TR>
    <TD VALIGN="BOTTOM" ALIGN="CENTER" WIDTH="100%" COLSPAN="5">
	<FONT SIZE="+2"><B>International Gemini Technology Inc.</B></FONT><BR>
	<FONT SIZE="-7">&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;</FONT>
    </TD>
  </TR>
  <TR>
    <TD VALIGN="CENTER" ALIGN="CENTER" WIDTH="100%" COLSPAN="5">
	<FONT SIZE="-1">(Translation of registrant&#146;s name into English)</FONT>
    </TD>
  </TR>
  <TR>
    <TD VALIGN="BOTTOM" ALIGN="CENTER" WIDTH="100%" COLSPAN="5">
	&nbsp;
    </TD>
  </TR>
<TR><TD VALIGN="BOTTOM" ALIGN="CENTER" WIDTH="100%" COLSPAN="5"><FONT FACE="Courier" SIZE="+0">British Columbia</FONT><BR><FONT SIZE="-7">&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;</FONT></TD></TR><TR><TD VALIGN="CENTER" ALIGN="CENTER" WIDTH="100%" COLSPAN="5"><FONT SIZE="-1">(Jurisdiction of incorporation or organization)</FONT></TD></TR><TR><TD VALIGN="BOTTOM" ALIGN="CENTER" WIDTH="100%" COLSPAN="5">&nbsp;</TD></TR>
  <TR>
    <TD VALIGN="BOTTOM" ALIGN="CENTER" WIDTH="100%" COLSPAN="5">
      <FONT FACE="Courier" SIZE="+0">Suite 208<br>828 Harbourside Drive<br>North Vancouver, BC V7P 3R9</FONT>
    </TD>
  </TR>
  <TR>
    <TD VALIGN="BOTTOM" ALIGN="CENTER" WIDTH="100%" COLSPAN="5">
        <FONT SIZE="-7">&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;</FONT><BR>
	    <FONT SIZE="-1">(Address of principal executive office)</FONT>
    </TD>
  </TR>
  <TR>
    <TD VALIGN="BOTTOM" ALIGN="CENTER" WIDTH="100%" COLSPAN="5">
	&nbsp;
    </TD>
  </TR>
</TABLE>
<!-- End Cover Page Registrant -->
<!-- Checkboxes Page -->
<TABLE CELLSPACING="0" BORDER="0" CELLPADDING="0" WIDTH="100%">
  <TR>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" WIDTH="100%" COLSPAN="5">
	Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:&nbsp;&nbsp;[<FONT FACE="Courier">x</FONT>]&nbsp;Form 20-F&nbsp;&nbsp;&nbsp;&nbsp;[<FONT FACE="Courier">&nbsp;</FONT>]&nbsp;Form 40-F
    </TD>
  </TR>
  <TR>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" COLSPAN="5" WIDTH="100%">
        &nbsp;
    </TD>
  </TR>

  <TR>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" COLSPAN="5" WIDTH="100%">
        Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):&nbsp;&nbsp;[<FONT FACE="Courier">&nbsp;</FONT>]
    </TD>
  </TR>

  <TR>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" COLSPAN="5" WIDTH="100%">
        &nbsp;
    </TD>
  </TR>

  <TR>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" COLSPAN="5" WIDTH="100%">
        Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):&nbsp;&nbsp;[<FONT FACE="Courier">&nbsp;</FONT>]
    </TD>
  </TR>

  <TR>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" COLSPAN="5" WIDTH="100%">
        &nbsp;
    </TD>
  </TR>

  <TR>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" COLSPAN="5" WIDTH="100%">
        Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:&nbsp;&nbsp;[<FONT FACE="Courier">&nbsp;</FONT>]&nbsp;Yes&nbsp;&nbsp;&nbsp;&nbsp;[<FONT FACE="Courier">x</FONT>]&nbsp;No
    </TD>
  </TR>

  <TR>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" COLSPAN="5" WIDTH="100%">
        &nbsp;
    </TD>
  </TR>
</TABLE>

<TABLE CELLSPACING="0" BORDER="0" CELLPADDING="0" WIDTH="100%">
  <TR>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" WIDTH="100%">
        If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):&nbsp;&nbsp;&nbsp;<FONT FACE="Courier"><U>&nbsp;n/a&nbsp;</U></FONT>
    </TD>
  </TR>
  <TR>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" WIDTH="100%">
        &nbsp;
    </TD>
  </TR>
</TABLE>
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<HR NOSHADE>
<DIV ALIGN="LEFT" STYLE="PAGE-BREAK-BEFORE:ALWAYS">
<!-- End HR Page Break --><!-- Report Page -->
<FONT SIZE="3">
<PRE>
On June 3, 2006 International Gemini Technology Inc. has distributed
Exhibits 99.1 to 99.8 [inclusive] to the applicable Canadian securities
regulators and to registered shareholders and non-objecting beneficial
shareholders in advance of the scheduled June 29, 2006 Annual and Special
Meeting of shareholders. The Exhibits contain the required disclosure for the
meeting.


</PRE>
</FONT>
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<DIV ALIGN="LEFT" STYLE="PAGE-BREAK-BEFORE:ALWAYS">
 <!-- Page Break  -->
<DIV ALIGN="LEFT" STYLE="PAGE-BREAK-BEFORE:ALWAYS">
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<!-- Signatures Page Header -->
<FONT SIZE="+1">
<CENTER>
<B>SIGNATURES</B>
</CENTER>
</FONT>
<TABLE CELLSPACING="0" BORDER="0" CELLPADDING="0" WIDTH="100%">
  <TR>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" WIDTH="100%">
       &nbsp;
    </TD>
  </TR>
  <TR>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" WIDTH="100%">
       Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
    </TD>
  </TR>
  <TR>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" WIDTH="100%">
       &nbsp;
    </TD>
  </TR>
</TABLE>
<!-- End Signatures Page Header -->
<!-- Signatures Page Details -->
<TABLE CELLSPACING="0" BORDER="0" CELLPADDING="0" WIDTH="100%">
  <TR>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" WIDTH="40%">
       &nbsp;
    </TD>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" WIDTH="4%%">
       &nbsp;
    </TD>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" WIDTH="56%">
       International Gemini Technology Inc.
    </TD>
  </TR>

  <TR>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" WIDTH="40%">
       &nbsp;
    </TD>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" WIDTH="4%%">
       &nbsp;
    </TD>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" WIDTH="56%">
       &nbsp;
    </TD>
  </TR>

  <TR>
    <TD VALIGN="TOP" ALIGN="LEFT" WIDTH="40%">
       Date: June 8, 2006
    </TD>
    <TD VALIGN="TOP" ALIGN="LEFT" WIDTH="4%%">
       By:
    </TD>
    <TD VALIGN="TOP" ALIGN="LEFT" WIDTH="56%">
       Douglas E. Ford<BR><HR WIDTH="30%" NOSHADE>
    </TD>
  </TR>

  <TR>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" WIDTH="40%">
       &nbsp;
    </TD>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" WIDTH="4%%">
       Name:&nbsp;
    </TD>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" WIDTH="56%">
       Douglas E. Ford
    </TD>
  </TR>

  <TR>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" WIDTH="40%">
       &nbsp;
    </TD>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" WIDTH="4%%">
       Title:
    </TD>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" WIDTH="56%">
       Director
    </TD>
  </TR>
  <TR>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" WIDTH="40%">
       &nbsp;
    </TD>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" WIDTH="4%%">
       &nbsp;
    </TD>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" WIDTH="56%">
       &nbsp;
    </TD>
  </TR>
</TABLE>
<!-- End Signatures Page Details -->
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<HR NOSHADE>
<DIV ALIGN="LEFT" STYLE="PAGE-BREAK-BEFORE:ALWAYS">
<!-- End HR Page Break --><!-- Exhibit Index Header Page -->
<CENTER>
<FONT SIZE="+1"><B>
EXHIBIT&nbsp;INDEX
</B></FONT>
</CENTER>
<BR>
<CENTER>
<TABLE CELLSPACING="0" BORDER="0" CELLPADDING="0" WIDTH="60%">
  <TR VALIGN="BOTTOM">
    <TD NOWRAP ALIGN="LEFT" WIDTH="8%">
      <FONT SIZE="-1"><B>Exhibit No.</B></FONT>
    </TD>
    <TD WIDTH="15%">
      &nbsp;
    </TD>
    <TD NOWRAP ALIGN="LEFT" WIDTH="77%">
      <FONT SIZE="-1"><B>Description</B></FONT>
    </TD>
  </TR>
  <TR VALIGN="BOTTOM">
    <TD NOWRAP ALIGN="CENTER" WIDTH="8%">
      <HR SIZE="1" NOSHADE>
    </TD>
    <TD WIDTH="15%">
      &nbsp;
    </TD>
    <TD NOWRAP ALIGN="CENTER" WIDTH="77%">
      <HR ALIGN="LEFT" SIZE="1" WIDTH="88%" NOSHADE>
    </TD>
  </TR>
<!-- Exhibit Index Header Page -->
<!-- Exhibit Index Item -->
  <TR VALIGN="BOTTOM">
    <TD VALIGN="TOP" WIDTH="8%" nowrap>
      <FONT SIZE="-1">99.1<FONT>
    </TD>
    <TD WIDTH="15%">
       &nbsp;
    </TD>
    <TD ALIGN="LEFT" VALIGN="TOP" WIDTH="77%">
      <FONT SIZE="2">Notice of Meeting</FONT>
    </TD>
  </TR>
<!-- End Exhibit Index Item -->
<!-- Exhibit Index Item -->
  <TR VALIGN="BOTTOM">
    <TD VALIGN="TOP" WIDTH="8%" nowrap>
      <FONT SIZE="-1">99.2<FONT>
    </TD>
    <TD WIDTH="15%">
       &nbsp;
    </TD>
    <TD ALIGN="LEFT" VALIGN="TOP" WIDTH="77%">
      <FONT SIZE="2">Management Information Circular</FONT>
    </TD>
  </TR>
<!-- End Exhibit Index Item -->
<!-- Exhibit Index Item -->
  <TR VALIGN="BOTTOM">
    <TD VALIGN="TOP" WIDTH="8%" nowrap>
      <FONT SIZE="-1">99.3<FONT>
    </TD>
    <TD WIDTH="15%">
       &nbsp;
    </TD>
    <TD ALIGN="LEFT" VALIGN="TOP" WIDTH="77%">
      <FONT SIZE="2">Appendix A to Information Circular</FONT>
    </TD>
  </TR>
<!-- End Exhibit Index Item -->
<!-- Exhibit Index Item -->
  <TR VALIGN="BOTTOM">
    <TD VALIGN="TOP" WIDTH="8%" nowrap>
      <FONT SIZE="-1">99.4<FONT>
    </TD>
    <TD WIDTH="15%">
       &nbsp;
    </TD>
    <TD ALIGN="LEFT" VALIGN="TOP" WIDTH="77%">
      <FONT SIZE="2">Proxy</FONT>
    </TD>
  </TR>
<!-- End Exhibit Index Item -->
<!-- Exhibit Index Item -->
  <TR VALIGN="BOTTOM">
    <TD VALIGN="TOP" WIDTH="8%" nowrap>
      <FONT SIZE="-1">99.5<FONT>
    </TD>
    <TD WIDTH="15%">
       &nbsp;
    </TD>
    <TD ALIGN="LEFT" VALIGN="TOP" WIDTH="77%">
      <FONT SIZE="2">Supplemental Reply Card</FONT>
    </TD>
  </TR>
<!-- End Exhibit Index Item -->
<!-- Exhibit Index Item -->
  <TR VALIGN="BOTTOM">
    <TD VALIGN="TOP" WIDTH="8%" nowrap>
      <FONT SIZE="-1">99.6<FONT>
    </TD>
    <TD WIDTH="15%">
       &nbsp;
    </TD>
    <TD ALIGN="LEFT" VALIGN="TOP" WIDTH="77%">
      <FONT SIZE="2">Independent Auditor's Report</FONT>
    </TD>
  </TR>
<!-- End Exhibit Index Item -->
<!-- Exhibit Index Item -->
  <TR VALIGN="BOTTOM">
    <TD VALIGN="TOP" WIDTH="8%" nowrap>
      <FONT SIZE="-1">99.7<FONT>
    </TD>
    <TD WIDTH="15%">
       &nbsp;
    </TD>
    <TD ALIGN="LEFT" VALIGN="TOP" WIDTH="77%">
      <FONT SIZE="2">12-31-2005 Financial Statements</FONT>
    </TD>
  </TR>
<!-- End Exhibit Index Item -->
<!-- Exhibit Index Item -->
  <TR VALIGN="BOTTOM">
    <TD VALIGN="TOP" WIDTH="8%" nowrap>
      <FONT SIZE="-1">99.8<FONT>
    </TD>
    <TD WIDTH="15%">
       &nbsp;
    </TD>
    <TD ALIGN="LEFT" VALIGN="TOP" WIDTH="77%">
      <FONT SIZE="2">MD&A to 12-31-2005 Financial Satements</FONT>
    </TD>
  </TR>
<!-- End Exhibit Index Item -->
<!-- ExhibitIndexFooter -->
  <TR VALIGN="BOTTOM">
    <TD VALIGN="TOP" WIDTH="8%" nowrap>
      &nbsp;
    </TD>
    <TD WIDTH="15%">
       &nbsp;
    </TD>
    <TD ALIGN="LEFT" VALIGN="TOP" WIDTH="77%">
      &nbsp;
    </TD>
  </TR>
</TABLE>
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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>exhibit1.htm
<DESCRIPTION>EX-99.1
<TEXT>
<!-- ExhibitContentHeader Page -->
<HTML>
<HEAD>
<TITLE>
Exhibit&nbsp;&nbsp;EX-99.1
</TITLE>
</HEAD>
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<BODY style="font-family: 'Times New Roman',Times,serif">


<P align="center" style="font-size: 10pt"><FONT style="font-size: 13pt"><B>INTERNATIONAL GEMINI TECHNOLOGY INC.</B></FONT><BR>
<FONT style="font-size: 11pt"><B>#208 &#151; 828 Harbourside Drive<BR>
North Vancouver, British Columbia V7P 3R9</B></FONT>



<P align="center" style="font-size: 11pt"><B>NOTICE OF THE ANNUAL AND SPECIAL MEETING<BR>
OF SHAREHOLDERS TO BE HELD ON JUNE 29, 2006</B>



<P align="left" style="font-size: 11pt; text-indent: 4%"><B>NOTICE IS HEREBY GIVEN </B>that the annual and special meeting (the &#147;Meeting&#148;) of the shareholders
of International Gemini Technology Inc. (the &#147;Corporation&#148;) will be held at #208 &#151; 828 Harbourside
Drive, North Vancouver, British Columbia on June&nbsp;29, 2006 at 2:00 p.m., Vancouver time, for the
following purposes:


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right">1.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>To receive the financial statements for the period ended December&nbsp;31, 2005 and the auditors&#146;
report thereto;</TD>
</TR>

</TABLE>


<P align="left" style="font-size: 11pt">2.&nbsp;To fix the number of directors of the Corporation to be elected at the meeting at five (5);


<P align="left" style="font-size: 11pt">3.&nbsp;To elect the board of directors of the Corporation until the next annual meeting of
shareholders;


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right">4.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>To appoint auditors until the next annual meeting of shareholders and to authorize the
directors to fix the remuneration to be paid to the auditors;</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right">5.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>To change the name of the Corporation from &#147;International Gemini Technology Inc.&#148; to
&#147;Widescope Resources Inc.&#148; or to such other name as the directors of the Corporation deem fit;
and</TD>
</TR>

</TABLE>


<P align="left" style="font-size: 11pt">6.&nbsp;To transact such other business as may properly be brought before the Meeting or any adjournment
thereof.


<P align="left" style="font-size: 11pt; text-indent: 4%"><B>Information relating to the matters to be brought before the meeting is set forth in the
management information circular which accompanies this Notice of Meeting. Terms not herein defined
have the meaning ascribed to them in the said management information circular of the Corporation.</B>


<P align="left" style="font-size: 11pt; text-indent: 4%"><B>DATED </B>at Vancouver, British Columbia this 31<sup>st</sup> day of May, 2006.


<P align="left" style="font-size: 11pt; text-indent: 23%"><B>BY ORDER OF THE BOARD OF DIRECTORS</B>


<P align="left" style="font-size: 11pt; text-indent: 23%"><U><I>&#147;Douglas E. Ford"</I></U> Douglas E. Ford


<P align="left" style="font-size: 11pt; text-indent: 23%">Director


<P align="left" style="font-size: 11pt"><U><B>IMPORTANT</B></U>


<P align="left" style="font-size: 11pt; text-indent: 4%">Only holders of common shares of the Corporation of record at the close of business on May&nbsp;29,
2006 (the &#147;Record Date&#148;) are entitled to notice of and to participate at the Meeting and only such
persons or those who become holders of common shares of the Corporation after the Record Date and
comply with the provisions of the <I>Business Corporations Act </I>(British Columbia) are entitled to vote
at the Meeting. If you are unable to attend in person, kindly fill in, sign and return the
enclosed proxy in the envelope provided for that purpose.


<P align="left" style="font-size: 11pt; text-indent: 4%">Proxies, to be valid, must be deposited at the office of the registrar and transfer agent of
the Corporation, Computershare Trust Company of Canada, Proxy Department, 100 University Avenue,
9th Floor, Toronto, Ontario M5J 2Y1, not less than 48 hours, excluding Saturdays, Sundays and
statutory holidays, preceding the Meeting or any adjournment thereof.



<P align="center" style="font-size: 10pt; display: none">


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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.2
<SEQUENCE>3
<FILENAME>exhibit2.htm
<DESCRIPTION>EX-99.2
<TEXT>
<!-- ExhibitContentHeader Page -->
<HTML>
<HEAD>
<TITLE>
Exhibit&nbsp;&nbsp;EX-99.2
</TITLE>
</HEAD>
<!-- End HTML Header Page -->
<!-- ExhibitContentPage -->

<BODY style="font-family: 'Times New Roman',Times,serif">


<P align="center" style="font-size: 10pt"><FONT style="font-size: 13pt"><B>INTERNATIONAL GEMINI TECHNOLOGY INC.</B></FONT><BR>
<FONT style="font-size: 11pt"><B>#208 &#151; 828 Harbourside Drive<BR>
North Vancouver, British Columbia V7P 3R9</B></FONT>



<P align="center" style="font-size: 11pt"><FONT style="font-size: 13pt"><B>MANAGEMENT INFORMATION CIRCULAR</B></FONT>



<P align="center" style="font-size: 13pt"><FONT style="font-size: 11pt"><B>PURPOSE OF SOLICITATION</B></FONT>



<P align="left" style="font-size: 11pt"><B>This Management Information Circular is furnished in connection with the solicitation of proxies by
the management of International Gemini Technology Inc. (the &#147;Corporation&#148;) for use at the annual
and special meeting (the &#147;Meeting&#148;) of shareholders of the Corporation to be held at #208 &#151; 828
Harbourside Drive, North Vancouver, British Columbia on June&nbsp;29, 2006 at 2:00 p.m., Vancouver time,
and at any adjournment thereof for the purposes set out in the accompanying Notice Of Meeting.</B>
Although it is expected that the solicitation of proxies will be primarily by mail, proxies may
also be solicited personally or by telephone by directors, officers or regular employees of the
Corporation. Pursuant to National Instrument 54-101, arrangements have been made with clearing
agencies, brokerage houses and other financial intermediaries to forward proxy solicitation
material to the beneficial owners of the common shares (&#147;Common Shares&#148;) of the Corporation. The
cost of any such solicitation will be borne by the Corporation.


<P align="center" style="font-size: 11pt"><B>VOTING OF PROXIES</B>



<P align="left" style="font-size: 11pt; text-indent: 4%">All Common Shares represented at the Meeting by properly executed proxies will be voted and
where a choice with respect to any matter to be acted upon has been specified in the instrument of
proxy, the Common Shares represented by the proxy will be voted in accordance with such
specifications. <B>In the absence of any such specifications, the management designees, if named as
proxy, will vote in favour of all the matters set out herein.</B>


<P align="left" style="font-size: 11pt; text-indent: 4%"><B>The enclosed Instrument of Proxy confers discretionary authority upon the management
designees, or other persons named as proxy, with respect to amendments to or variations of matters
identified in the Notice of Meeting and any other matters which may properly come before the
Meeting. At the date of this Management Information Circular, the Corporation is not aware of any
amendments to, or variations of, or other matters which may come before the Meeting. In the event
that other matters come before the Meeting, then the management designees intend to vote in
accordance with the judgment of the management of the Corporation.</B>


<P align="left" style="font-size: 11pt; text-indent: 4%">Proxies, to be valid, must be deposited at the office of the registrar and transfer agent of
the Corporation, Computershare Trust Company of Canada, Proxy Department, 100 University Avenue,
9th Floor, Toronto, Ontario M5J 2Y1, not less than 48 hours, excluding Saturdays, Sundays and
statutory holidays, preceding the Meeting or any adjournment thereof.


<P align="center" style="font-size: 11pt"><B>APPOINTMENT OF PROXY</B>



<P align="left" style="font-size: 11pt; text-indent: 4%"><B>A shareholder has the right to designate a person (who need not be a shareholder of the
Corporation) other than Martin Schultz, Secretary and Director of the Corporation, or failing him,
Douglas E. Ford, Director of the Corporation, the management designees, to attend and act for the
shareholder at the Meeting. </B>Such right may be exercised by inserting in the blank space provided
the name of the person to be designated and deleting therefrom the names of the management
designees, or by completing another proper instrument of proxy and, in either case, depositing the
instrument of proxy with the registrar and transfer agent of the Corporation, Computershare Trust
Company of Canada, Proxy Department, 100 University Avenue, 9th Floor, Toronto, Ontario M5J 2Y1,
not less than 48 hours, excluding Saturdays, Sundays and statutory holidays, preceding the Meeting
or any adjournment thereof.


<P align="center" style="font-size: 11pt"><B>REVOCATION OF PROXIES</B>



<P align="left" style="font-size: 11pt; text-indent: 4%">A shareholder who has given a proxy may revoke it as to any matter upon which a vote has not
already been cast pursuant to the authority conferred by the proxy.


<P align="left" style="font-size: 11pt; text-indent: 4%">A shareholder may revoke a proxy by depositing an instrument in writing, executed by the
shareholder or his attorney authorized in writing, or, if the shareholder is a corporation, under
its corporate seal or signed by a duly authorized officer or attorney for the corporation:


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>at the offices of the registrar and transfer agent of the Corporation,
Computershare Trust Company of Canada, Proxy Department, 100 University Avenue, 9th
Floor, Toronto, Ontario M5J 2Y1, not less than 48 hours, excluding Saturdays, Sundays
and statutory holidays, preceding the Meeting or an adjournment of the Meeting at which
the proxy is to be used; or</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>at the registered office of the Corporation, #208 &#151; 828 Harbourside Drive,
North Vancouver, BC V7P 3R9, at any time up to and including the last business day
preceding the day of the Meeting or an adjournment of the Meeting at which the proxy is
to be used; or</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">(c)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>with the Chairman of the Meeting on the day of the Meeting or any adjournment
thereof.</TD>
</TR>

</TABLE>


<P align="left" style="font-size: 11pt; text-indent: 4%">In addition, a proxy may be revoked by the shareholder executing another form of proxy bearing
a later date and depositing same at the offices of the registrar and transfer agent of the
Corporation within the time period set out under the heading &#147;Voting of Proxies&#148;, or by the
shareholder personally attending the Meeting and voting his or her shares.


<P align="center" style="font-size: 11pt"><B>ADVICE TO BENEFICIAL HOLDERS OF COMMON SHARES</B>



<P align="center" style="font-size: 11pt"><B>ON VOTING COMMON SHARES</B>



<P align="left" style="font-size: 11pt; text-indent: 4%"><B>The information set forth in this section is of significant importance to many shareholders of
the Corporation, as a substantial number of shareholders do not hold Common Shares in their own
name</B>. Shareholders who do not hold their Common Shares in their own name (&#147;Beneficial
Shareholders&#148;) should note that only proxies deposited by shareholders whose names appear on the
records of the Corporation as the registered holders of Common Shares can be recognized and acted
upon at the Meeting. If Common Shares are listed in an account statement provided to a shareholder
by a broker, then, in almost all cases, those Common Shares will not be registered in the
shareholder&#146;s name on the records of the Corporation. Such Common Shares will more likely be
registered under the name of the shareholder&#146;s broker or an agent of that broker. In Canada, the
vast majority of such shares are registered under the name of CDS &#038; Co. (the nominee of The
Canadian Depository for Securities Limited, which acts as depositary for many Canadian brokerage
firms). Common Shares held by brokers or their agents or nominees can only be voted (for or
against resolutions) upon the instructions of the Beneficial Shareholder. Without specific
instructions, a broker and its agents and nominees are prohibited from voting shares for the
broker&#146;s clients. <B>Therefore, Beneficial Shareholders should ensure that instructions respecting
the voting of their Common Shares are communicated to the appropriate person</B>.


<P align="left" style="font-size: 11pt; text-indent: 4%">Applicable regulatory rules require intermediaries and brokers to seek voting instructions
from Beneficial Shareholders in advance of shareholders meetings. Every intermediary and broker
has its own mailing procedures and provides its own return instructions to clients, which should be
carefully followed by Beneficial Shareholders in order to ensure that their Common Shares are voted
at the Meeting. Often, the form of proxy supplied to a Beneficial Shareholder by its broker (or
the agent of the broker) is identical to the form of proxy provided to registered shareholders.
However, its purpose is limited to instructing the registered shareholder (the broker or agent of
the broker) how to vote on behalf of the Beneficial Shareholder. The majority of brokers now
delegate responsibility for obtaining instructions from clients to ADP Investor Communications
Services (formerly Independent Investor Communications Corporation) (&#147;ADP&#148;). ADP typically applies
a special sticker to the proxy forms, mails those forms to the Beneficial Shareholders and asks
Beneficial Shareholders to return the proxy forms to ADP. ADP then tabulates the results of all
instructions received and provides appropriate instructions respecting the voting of shares to be
represented at a meeting. <B>A Beneficial Shareholder receiving a proxy with an ADP sticker on it
cannot use that proxy to vote Common Shares directly at the Meeting. The proxy must be returned to
ADP well in advance of the Meeting in order to have the Common Shares voted at the Meeting.</B>


<P align="left" style="font-size: 11pt; text-indent: 4%">Although a Beneficial Shareholder may not be recognized directly at the Meeting for the
purposes of voting Common Shares registered in the name of his or her broker (or an agent of the
broker), a Beneficial Shareholder may attend at the Meeting as proxyholder for the registered
shareholder and vote the Common Shares in that capacity. Beneficial Shareholders who wish to
attend the Meeting and indirectly vote their Common Shares as proxyholder for the registered
shareholder, should enter their own names in the blank space on the form of proxy provided to them
and return the same to their broker (or the broker&#146;s agent) in accordance with the instructions
provided by such broker (or agent), well in advance of the Meeting.


<P align="center" style="font-size: 11pt"><B>VOTING SHARES AND PRINCIPAL HOLDERS THEREOF</B>



<P align="left" style="font-size: 11pt; text-indent: 4%">The only outstanding securities of the Corporation carrying voting rights are the Common
Shares. The Corporation is authorized to issue an unlimited number of Common Shares without nominal
or par value, of which, as at the date hereof 9,883,452 Common Shares are issued and outstanding
and entitled to vote at the Meeting on the basis of one (1)&nbsp;vote for each Common Share held.


<P align="left" style="font-size: 11pt; text-indent: 4%">The holders of Common Shares of record at the close of business on the record date, set by the
Board of Directors of the Corporation to be May&nbsp;29, 2006 (the &#147;Record Date&#148;), are entitled to vote
such Common Shares at the Meeting, except to the extent that:


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>such person transfers his or her Common Shares after the Record Date; and</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the transferee of those shares produces properly endorsed share certificates or
otherwise establishes his or her ownership to the shares and makes a demand to the
registrar and transfer agent of the Corporation, not later than 10&nbsp;days before the
Meeting, that his or her name be included on the shareholders list for the Meeting.</TD>
</TR>

</TABLE>


<P align="left" style="font-size: 11pt; text-indent: 4%">The by-laws of the Corporation provide that two (2)&nbsp;persons present and representing, in
person or by proxy, not less than ten percent (10%) of the issued shares entitled to vote
constitute a quorum for meetings of shareholders of the Corporation.


<P align="left" style="font-size: 11pt; text-indent: 4%">To the knowledge of the directors and executive officers of the Corporation, no person
beneficially owns, directly or indirectly, or controls or directs ten percent (10%) or more of the
outstanding Common Shares.


<P align="center" style="font-size: 10pt; display: none; text-indent: 4%">1
<!-- PAGEBREAK -->

<P align="center" style="font-size: 11pt"><B>PARTICULARS OF MATTERS TO BE ACTED UPON</B>



<P align="left" style="font-size: 11pt; text-indent: 4%">To the knowledge of the Board of Directors of the Corporation, the only matters to be placed
before the Meeting are those matters set forth in the Corporation&#146;s accompanying Notice of Meeting
relating to: (i)&nbsp;receipt of the audited financial statements of the Corporation for the periods
ended December&nbsp;31, 2005 and the Auditor&#146;s Report thereto; (ii)&nbsp;the fixing of the number of
directors to be elected at the Meeting at five (5)&nbsp;and the election of directors until the next
annual meeting of shareholders; (iii)&nbsp;the appointment of auditors; and (iv)&nbsp;to change the name of
the Corporation from &#147;International Gemini Technology Inc.&#148; to &#147;Widescope Resources Inc.&#148; or to
such other name as the directors of the Corporation deem fit.


<P align="left" style="font-size: 11pt"><B>Election of Directors</B>


<P align="left" style="font-size: 11pt; text-indent: 4%">There are presently five (5)&nbsp;directors of the Corporation, each of whose term of office shall
expire at the termination of the Meeting unless such director is re-elected as a director at the
Meeting.


<P align="left" style="font-size: 11pt; text-indent: 4%"><B>It is the intention of the management designees, if named as proxy, to vote for the election
of said persons to the board of directors. Management does not contemplate that any of such
nominees will be unable to serve as directors; however, if, for any reason any of the proposed
nominees do not stand for election or are unable to serve as such, proxies in favour of management
designees will be voted for another nominee in their discretion unless the shareholder has
specified in his or her proxy that his or her shares are to be withheld from voting in the
election of directors. </B>Each director elected will hold office until the Corporation&#146;s next annual
meeting of shareholders or until his successor is duly elected or appointed pursuant to the by-laws
of the Corporation.


<P align="left" style="font-size: 11pt; text-indent: 4%">The following information relating to the nominees as directors is based on information
received by the Corporation from said nominees.

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="95%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="30%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="20%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="20%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
</TR>
<TR style="font-size: 10pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Number of</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center">&nbsp;</TD>
</TR>
<TR style="font-size: 10pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Principal</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Common Shares</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Options Granted</B></TD>
</TR>
<TR style="font-size: 10pt" valign="bottom">
    <TD nowrap align="left"><B>Name and Municipality</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Occupation during</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Director</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Beneficially Owned</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Exercisable/</B></TD>
</TR>
<TR style="font-size: 10pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 1px solid #000000"><B>of Residence </B><sup>(2)</sup></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>the Last Five Years</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Since</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>or Controlled</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Unexercisable</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="font-size: 10pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Edward Dolejsi<BR>
Delta, BC<BR>
Director, President &#038; Chief<BR>
Executive Officer
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">President of the<BR>
Corporation.<BR>
Independent<BR>
businessman and<BR>
President of C3D<BR>
Solutions Inc. a<BR>
software reseller.
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR>
<BR>
<BR>
<BR>
<BR>
<BR>
March, 1990
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR>
<BR>
<BR>
<BR>
<BR>
<BR>
6,200 Common Shares
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR>
<BR>
<BR>
<BR>
<BR>
<BR>
nil</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Martin Schultz<BR>
Vancouver, BC<BR>
Director &#038; Secretary
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Secretary of the<BR>
Corporation.<BR>
Independent finance<BR>
and marketing<BR>
consultant.<BR>
Principal of<BR>
Dockside Capital<BR>
Group Inc., a<BR>
private merchant<BR>
banking and venture<BR>
capital firm.
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
March, 1990
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
483,167 Common<BR>
Shares
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
nil</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Edward D. Ford <sup>(1)</sup><BR>
Vancouver, BC<BR>
Director and Vice-President,<BR>
Finance
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Vice-President,<BR>
Finance of the<BR>
Corporation.<BR>
President of<BR>
Dockside Capital<BR>
Group Inc., a<BR>
private merchant<BR>
banking and venture<BR>
capital firm.
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
March, 1990
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
914,000 Common<BR>
Shares
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
nil</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Douglas E. Ford <sup>(1)</sup><BR>
West Vancouver, BC<BR>
Director
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">General Manager of<BR>
Dockside Capital<BR>
Group Inc., a<BR>
private merchant<BR>
banking and venture<BR>
capital firm from<BR>
1987 to present.
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR>
<BR>
<BR>
<BR>
<BR>
September, 1992
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR>
<BR>
<BR>
<BR>
<BR>
914,000 Common<BR>
Shares
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR>
<BR>
<BR>
<BR>
<BR>
<BR>
nil</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">John Stanton <sup>(1)</sup><BR>
Sarasota, FL<BR>
Director
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Independent<BR>
Pharmacy<BR>
consultant.
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR>
<BR>
November, 1990
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR>
<BR>
55,000 Common Shares
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR>
<BR>
nil</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="left" style="font-size: 10pt; text-indent: 4%"><B>Notes:</B>


<P align="left" style="font-size: 10pt; text-indent: 4%">(1)&nbsp;Audit Committee member.


<P align="left" style="font-size: 10pt; text-indent: 4%">(2)&nbsp;The Corporation does not have an Executive Committee.


<P align="left" style="font-size: 10pt"><FONT style="font-size: 11pt"><B>Appointment of Auditors</B>
</FONT>

<P align="left" style="font-size: 11pt"><B>The management designees, if named as proxy, intend to vote the Common Shares represented by any
such proxy for the reappointment of Dale Matheson Carr-Hilton LaBonte, Chartered Accountants
(&#147;DMCL&#148;), as auditors of the corporation at a remuneration to be fixed by the board of directors</B>.
DMCL were initially appointed auditors of the Corporation at the Annual and Special Meeting of
Shareholders held on June&nbsp;28, 2005.


<P align="left" style="font-size: 11pt"><B>APPROVAL OF THE CHANGE OF NAME OF THE CORPORATION</B>


<P align="left" style="font-size: 11pt; text-indent: 4%">The directors of the Corporation deem it in the best interest of the Corporation to change the
name of the Corporation from &#147;International Gemini Technology Inc.&#148; to &#147;Widescope Resources Inc.&#148;
or to such other name as the directors of the Corporation deem fit.


<P align="left" style="font-size: 11pt; text-indent: 4%">At the Meeting, the shareholders of the Corporation will be asked to consider and, if thought
fit, to pass the following resolution:


<P align="left" style="font-size: 11pt; text-indent: 4%"><B>&#147;BE IT RESOLVED THAT:</B>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><FONT style="font-size: 10.5pt">1.</FONT></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the Articles of the Corporation shall, pursuant to section 257 of the <I>Business
Corporations Act </I>(British Columbia), be altered by changing the name of the Corporation from
&#147;</FONT><FONT style="font-size: 11pt">International Gemini Technology Inc.&#148; to &#147;Widescope Resources Inc.&#148; or to such other
name as the directors of the Corporation deem fit;</FONT></TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right">2.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the directors of the Corporation be authorized for and on behalf of the Corporation to file
with the Registrar of Companies a Notice of Alteration;</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right">3.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any one director or officer of the Corporation be authorized for and on behalf of the
Corporation to make all such arrangements, do all acts and things and to sign and execute all
documents and instruments in writing, whether under the corporate seal of the Corporation or
otherwise, as may be considered necessary or advisable to give full force and effect to the
foregoing; and</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right">4.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the board of directors of the Corporation be and are hereby authorized to revoke without
further approval of the shareholders, this resolution at any time prior to the completion
thereof, notwithstanding the approval by the shareholders of same, if determined in the
board&#146;s sole discretion to be in the best interests of the Corporation.&#148;</TD>
</TR>

</TABLE>


<P align="left" style="font-size: 11pt; text-indent: 4%">The foregoing resolution must be passed by a majority of the votes cast by the shareholders
who vote on this resolution at the Meeting, either in person or by proxy.


<P align="left" style="font-size: 11pt; text-indent: 3%"><B>If named as proxy, it is the intention of the management designees to vote the Common Shares
represented by such proxy at the Meeting for the Change of Name, unless otherwise directed in the
instrument of proxy.</B>


<P align="center" style="font-size: 11pt"><B>EQUITY COMPENSATION PLANS</B>



<P align="left" style="font-size: 11pt; text-indent: 4%">Other than the Corporation&#146;s existing Stock Option Plan which was ratified at the June&nbsp;28,
2005 Annual and Special Meeting of Shareholders, the Corporation does not have any compensation
plans under which equity securities of the Corporation (being Common Shares) are authorized for
issuance. Currently, no options to purchase Common Shares of the Corporation have been granted
pursuant to the Stock Option Plan. Under the Stock Option Plan, 988,345 Common Shares are
available for issuance under the Stock Option Plan


<P align="center" style="font-size: 11pt"><B>COMPENSATION OF EXECUTIVE OFFICERS</B>



<P align="left" style="font-size: 11pt; text-indent: 4%">For the purpose of this section, a &#147;CEO&#148; or &#147;CFO&#148; means each individual who served as Chief
Executive Officer or Chief Financial Officer, respectively, of the Corporation or acted in a
similar capacity during the most recently completed financial year. A &#147;Named Executive Officer&#148;
means each CEO; each CFO; each of the Corporation&#146;s three (3)&nbsp;most highly compensated executive
officers other than the CEO and CFO who were serving as executive officers at the end of the most
recently completed financial year of the Corporation and whose total salary and bonus exceeds
$150,000; and any additional individuals (other than the CEO and CFO) for whom disclosure would
have been provided except that the individual was not serving as an officer of the Corporation at
the end of the most recently completed financial year end.


<P align="left" style="font-size: 11pt"><B>Summary Compensation Table</B>


<P align="left" style="font-size: 11pt; text-indent: 4%">The following table sets forth detailed compensation information for the Named Executive
Officers for the three (3)&nbsp;most recently completed financial years of the Corporation.

<DIV align="center">
<TABLE style="font-size: 8pt" cellspacing="0" border="0" cellpadding="0" width="95%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="20%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="11" style="border-bottom: 1px solid #000000"><B>Annual Compensation</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="31" style="border-bottom: 1px solid #000000"><B>Long Term Compensation</B></TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="19" style="border-bottom: 1px solid #000000"><B>Awards</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>Payouts</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="7">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Common Shares Under</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="7">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Other Annual</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Options or SARs</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="7">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Compensation</B><sup><B>(1)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Granted</B><sup><B>(2)</B>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>LTIP</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="7">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left"><B>Name and</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Year Ended</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Salary</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Bonus</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"></sup></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3">></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="7"><B>Shares or Units Subject to</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="7" style="border-bottom: 1px solid #000000"><B>Payouts</B><sup><B>(3)</B></sup></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="7" style="border-bottom: 1px solid #000000"><B>All Other Compensation</B></TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left"><B>Principal Position</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>December 31</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>($)</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>($)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>($)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>(#)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="7" style="border-bottom: 1px solid #000000"><B>Resale Restriction ($)</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>($)</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>($)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left">Edward Dolejsi</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3">2005</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3">$Nil</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3">Nil</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3">Nil</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3">Nil</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3">Nil</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3">Nil</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3">Nil</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="font-size: 8pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">President and Chief</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2004</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="center">$Nil</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
</TR>
<TR valign="bottom" style="font-size: 8pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Executive Officer</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2003</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="center">$Nil</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
</TR>
<TR valign="bottom" style="font-size: 8pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Edward Ford</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2005</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="center">$Nil</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
</TR>
<TR valign="bottom" style="font-size: 8pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Chief Financial</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2004</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="center">$Nil</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
</TR>
<TR valign="bottom" style="font-size: 8pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Officer</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2003</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="center">$Nil</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
</TR>
<TR valign="bottom" style="font-size: 8pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2005</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="center">$Nil</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
</TR>
<TR valign="bottom" style="font-size: 8pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Martin Schultz</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2004</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="center">$Nil</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
</TR>
<TR valign="bottom" style="font-size: 8pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Secretary</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2003</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="center">$Nil</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="left">Nil<BR></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="left" style="font-size: 8pt; text-indent: 4%"><FONT style="font-size: 10pt"><B>Notes:</B>
</FONT>

<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">(1)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The aggregate amount of all perquisites and other personal benefits, securities
or property was less than the lesser of $50,000 and 10% of the total annual salary and
bonus of the Named Executive Officer for each financial year.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">(2)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>SARs means stock appreciation rights, being a right granted by the Corporation
or any of its securities as compensation for employment services or office to receive
cash or an issue or transfer of securities based wholly or in part on changes in the
trading price of the Corporation&#146;s publicly traded securities, being the Common Shares.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">(3)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>LTIP means long-term incentive plan, being a plan providing compensation
intended to motivate performance over a period greater than one (1)&nbsp;financial year.
LTIPs do not include option or SAR plans or plans for compensation through shares or
units that are subject to restrictions on resale.</TD>
</TR>

</TABLE>


<P align="left" style="font-size: 10pt"><FONT style="font-size: 11pt"><B>Long-Term Incentive Plans</B>
</FONT>

<P align="left" style="font-size: 11pt; text-indent: 4%">Other then the Stock Option Plan, the Corporation does not have any plans which provide
compensation intended to motivate performance.


<P align="left" style="font-size: 11pt"><B>Options and Stock Appreciation Rights</B>


<P align="left" style="font-size: 11pt; text-indent: 4%">No Stock Options or SARs have been granted by the Corporation.


<P align="left" style="font-size: 11pt"><B>Termination of Employment, Change in Responsibilities and Employment Contracts</B>



<P align="left" style="margin-left:4%; font-size: 11pt">The Corporation has no employment contracts.


<P align="center" style="font-size: 11pt"><B>COMPENSATION OF DIRECTORS</B>



<P align="left" style="font-size: 11pt"><B>Directors&#146; Fees</B>


<P align="left" style="font-size: 11pt; text-indent: 4%">During the financial year ended December&nbsp;31, 2005 no compensation was paid by the Corporation
to directors for acting as directors. However, directors are entitled to be reimbursed for
expenses incurred by them in their capacity as director.


<P align="left" style="font-size: 11pt"><B>Other Compensation</B>


<P align="left" style="font-size: 11pt; text-indent: 4%">Other than as described herein, the Corporation did not pay any other compensation to its
directors during the financial year ended December&nbsp;31, 2005.


<P align="center" style="font-size: 11pt"><B>MANAGEMENT CONTRACTS</B>



<P align="left" style="font-size: 11pt; text-indent: 4%">Management functions of the Corporation are performed by the directors and executive officers
of the Corporation and are not to any substantial degree performed by any other person.


<P align="center" style="font-size: 11pt"><B>INDEBTEDNESS OF DIRECTORS, EXECUTIVE OFFICERS AND EMPLOYEES</B>



<P align="left" style="font-size: 11pt; text-indent: 4%">No current or former director, executive officer or employee of the Corporation or any of its
subsidiaries is indebted to the Corporation or any of its subsidiaries or to any other entity where
the indebtedness is the subject of a guarantee, support agreement, letter of credit or other
similar arrangement or understanding provided by the Corporation or any of its subsidiaries at any
time during the twelve-month period ended December&nbsp;31, 2005.


<P align="center" style="font-size: 11pt"><B>INTEREST OF CERTAIN PERSONS IN MATTERS TO BE ACTED UPON</B>



<P align="left" style="font-size: 11pt; text-indent: 4%">Other than as set forth in this Management Information Circular, the management of the
Corporation is not aware of any material interest, direct or indirect, by way of beneficial
ownership of securities or otherwise, of any person who has been a director or executive officer at
any time since the beginning of the Corporation&#146;s last financial year or any proposed nominee for
election as a director, or any associate or affiliate of any of the foregoing persons, in any
matter to be acted upon at the Meeting other than the election of directors or the appointment of
auditors. All of the directors and officers may receive options pursuant to the Stock Option Plan.


<P align="center" style="font-size: 11pt"><B>INTEREST OF INFORMED PERSONS IN MATERIAL TRANSACTIONS</B>



<P align="left" style="font-size: 11pt; text-indent: 4%">Other than as set forth below regarding the Corporations&#146; interest in Pinefalls Gold, the
management of the Corporation is not aware of any material interest, direct or indirect, of any
informed person of the Corporation or any proposed nominee as a director of the Corporation, or any
associate or affiliate of any such person in any transaction since the commencement of the
Corporation&#146;s most recently completed financial year, or in any proposed transaction, that has
materially affected or would materially affect the Corporation or any of its subsidiaries.


<P align="left" style="font-size: 11pt; text-indent: 4%"><U>Pinefalls Gold</U>


<P align="left" style="font-size: 11pt; text-indent: 4%">The Corporation has entered into a subscription agreement with Outback Capital Inc. (dba
&#147;Pinefalls Gold&#148;) a privately held Alberta corporation. The agreement calls for the Corporation to
invest $200,000 into Pinefalls Gold via private placement. To date the Corporation has invested
$90,000 of its commitment.


<P align="left" style="font-size: 11pt; text-indent: 4%">Upon receiving proceeds from its private placement Pinefalls Gold began recommended phase one
exploration work on its seventeen (17)&nbsp;mining claims in the area of Bissett, Manitoba. The claims
are included in the Rice Lake greenstone belt and cover an area of approximately 2800 hectares.
The claims are the subject of a Qualifying Report dated June&nbsp;30, 2004 prepared by Edward Sawitzky,
P. Geo. of Arc Metals Ltd. (&#147;Arc&#148;). Arc prepared the report to standards dictated by National
Instrument 43-101.


<P align="left" style="font-size: 11pt; text-indent: 4%">In exchange for its total investment, the Corporation will receive 4&nbsp;million units of
Pinefalls Gold. Each unit will consist of one (1)&nbsp;common share and one (1)&nbsp;warrant to purchase one
(1)&nbsp;common share at $0.075 for a period of two (2)&nbsp;years. Prior to exercising its warrants the
Corporation will own approximately 37% of the then outstanding 10.7&nbsp;million common shares of
Pinefalls Gold. Assuming the exercise of the warrants, the Corporation will own approximately 54%
of Pinefalls Gold.


<P align="left" style="font-size: 11pt; text-indent: 4%">Separately, the Corporation has entered into an Option Agreement with one of the principal
shareholders of Pinefalls Gold (the &#147;PFG Option&#148;) which entitles the Corporation to acquire a
further 3&nbsp;million common shares of Pinefalls Gold in exchange for one million common shares of the
Corporation. The PFG Option is exercisable at the Corporation&#146;s sole discretion until it expires on
March&nbsp;31, 2007.


<P align="left" style="font-size: 11pt; text-indent: 4%">The Corporation and Pinefalls Gold have entered into these arrangements on a non-arms length
basis. The two companies have certain directors and principal shareholders in common. The
Corporation&#146;s directors with conflicts of interest have refrained from voting on the relevant
resolutions. The Corporation is relying on exemptions 5.5(3)&#091;corporation not listed on specified
markets&#093; and 5.7(3)&#091;fair market value not more than $2,500,000&#093; from the formal valuation and
minority approval requirements of OSC Rule&nbsp;61-501 regarding Related Party Transactions.


<P align="center" style="font-size: 11pt"><B>STATEMENT OF CORPORATE GOVERNANCE PRACTICES</B>



<P align="left" style="font-size: 11pt">The Board of Directors and management of the Corporation believe that effective corporate
governance is important to the prudent direction and operation of the Corporation and are committed
to instituting and monitoring such policies, procedures, practices and structures as are necessary
to ensure effective corporate governance so as to best serve the interests of all shareholders.


<P align="left" style="font-size: 11pt">The Corporation&#146;s corporate governance practices and policies are subject to ongoing review and
refinement, having regard to changes within the Corporation and having regard to changes in
applicable laws and regulatory policies and evolving best practices.


<P align="left" style="font-size: 11pt">In prior years, companies listed on the Toronto Stock Exchange (&#147;TSX&#148;) were required to disclose
their corporate governance practices as such related to the guidelines published by the TSX.
However, on June&nbsp;30, 2005, National Instrument 58-101 <I>Disclosure of Corporate Governance Practices</I>
(&#147;<B>NI 58-101</B>&#148;) became effective, requiring all Canadian companies to disclose their corporate
governance practices in compliance with NI 58-101. Disclosure of the Corporation&#146;s corporate
governance practices in accordance with NI 58-101 is outlined below.


<P align="left" style="font-size: 11pt"><B>Composition of the Board of Directors</B>
<BR>
The Board of Directors is currently composed of the following five directors: Edward Dolejsi,
Edward Ford, Martin Schultz, John Stanton and Douglas Ford; with an additional director&#146;s seat
unoccupied, all of whom will be presented for election at the Meeting.


<P align="left" style="font-size: 11pt">Should all five individuals presented for election at the Meeting be elected, two of the five
members of the Board (being Messrs.&nbsp;Douglas Ford, and John Stanton) will be &#147;independent&#148; directors
for the purposes of NI 58-101. An independent director is a director who has no direct or indirect
material relationship with the Corporation. A material relationship is a relationship which could,
in the view of the Board, reasonably interfere with the exercise of a director&#146;s independent
judgment with respect to the Corporation. Mr.&nbsp;Dolejsi, President and Chief Executive Officer of the
Corporation; Mr.&nbsp;Edward Ford, Vice President, Finance of the Corporation and Mr.&nbsp;Martin Schultz
Secretary of the Corporation do not qualify as independent directors.


<P align="left" style="font-size: 11pt">There are no special structures or processes in place to facilitate the functioning of the Board of
Directors independently of the Corporation&#146;s management. However, the independent directors are
given full access to management so that they may express their own views and communicate their
expectations of the management.


<P align="left" style="font-size: 11pt">The Board does not make formal assessments of the Board, its committees and individual directors,
however, the Board monitors the adequacy of information given to directors, communication between
the Board and management and the strategic direction and processes of the Board and committees


<P align="left" style="font-size: 11pt">The Board believes that given Mr.&nbsp;Schultz&#146;s detailed knowledge of the Corporation&#146;s operations and
his many years of experience in the finance industry, he is the most appropriate individual to set
the agenda for meetings of the Board, to ensure that adequate information is provided to the Board
and to chair the meetings. Individual directors are also able to submit particular matters for
inclusion on the agenda at the Board meetings.


<P align="left" style="font-size: 11pt"><B>Mandate of the Board of Directors</B>
<BR>
The Board of Directors is responsible for the stewardship of the Corporation through consultation
with the management of the Corporation. Any responsibility which is not delegated to management or
to a committee of the Board remains with the Board. Frequency of Board meetings as well as the
nature of agenda items change depending on the state of the Corporation&#146;s affairs and in light of
opportunities or risks which the Corporation faces. Board members are in frequent contact with one
another and Board meetings were held as deemed necessary during 2005.


<P align="left" style="font-size: 11pt">The Board of Directors met two times during 2005. Each director attended all meetings.


<P align="left" style="font-size: 11pt"><B>Directorships</B>
<BR>
Certain directors or nominee director of the Corporation are also members of the boards of
directors of other reporting issuers (or the equivalent) as set out below:

<DIV align="center">
<TABLE style="font-size: 11pt" cellspacing="0" border="0" cellpadding="0" width="95%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="81%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="14%">&nbsp;</TD>
</TR>
<TR style="font-size: 11pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 1px solid #000000"><B>Director</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Reporting Issuer(s)</B></TD>
</TR>
<TR style="font-size: 11pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 1px solid #000000">Douglas E. Ford</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000">Valcent Products Inc. and Rockgate Capital Corp.</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="font-size: 11pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Martin Schultz
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">N/A</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top" style="border-top: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 11pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 11pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Edward Dolejsi
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">N/A</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top" style="border-top: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 11pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 11pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">John Stanton
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">N/A</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top" style="border-top: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 11pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 11pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Edward Ford
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">N/A</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top" style="border-top: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="left" style="font-size: 11pt"><B>Orientation and Continuing Education</B>
<BR>
The Corporation has not adopted a formal orientation and education program for new directors. The
Board believes that adoption of a formal program is not presently warranted given the size of the
Corporation and the low turnover in Board membership. However, all new directors are provided with
background information on the Corporation, including an overview of its operations and are provided
with the opportunity to meet with management of the Corporation and with other members of the Board
to discuss the Corporation&#146;s affairs.


<P align="left" style="font-size: 11pt"><B>Ethical Business Conduct</B>
<BR>
The Corporation has not adopted a formal Code of Conduct for its directors, officers and employees,
however, the Corporation strives to promote honest and ethical conduct, the avoidance of conflicts
of interest, full, fair, accurate and timely public disclosure and compliance with applicable laws.
In the case of non-arm&#146;s length transactions or other circumstances where a member or members of
the Board may have or appear to have a conflict of interest with the Corporation, prudent corporate
practice dictates that the interested member(s) refrain from voting on the issue and if necessary,
a committee of independent directors may be struck to review and make recommendations with respect
to the proposed transaction.


<P align="left" style="font-size: 11pt"><B>Nomination of Directors</B>
<BR>
The Board has not appointed a committee of directors to be responsible for proposing to the Board
new nominees for directors of the Corporation. The Board does not consider that a nominating
committee is currently necessary given the stage of development of the Corporation, the low
turnover of the Board membership and that two out of five directors of the Corporation are
independent. When new directors are being considered for addition to the Board, the entire Board
acts as an ad hoc nominating committee. All members of the Board are canvassed for suggestions on
possible candidates and the appropriate skill sets required. Nominees are reviewed and must be
approved by the Board as a whole.


<P align="left" style="font-size: 11pt"><B>Compensation</B>
<BR>
The Board has not appointed a committee of directors to be responsible for determining the
compensation for the Corporation&#146;s directors and officers. The Board does not consider that a
compensation committee is currently necessary given the stage of development of the Corporation,
the low turnover of the Board membership and that two out of five directors of the Corporation are
independent. Compensation of the directors and officers is based upon industry standards and the
Corporation&#146;s present stage of development.


<P align="left" style="font-size: 11pt">When new directors or officers are being considered for addition to the Board or management, the
entire Board acts as an ad hoc nominating committee. All members of the Board are canvassed for
suggestions on possible candidates and the appropriate skill sets required. Nominees are reviewed
and must be approved by the Board as a whole.


<P align="left" style="font-size: 11pt"><B>Committees of the Board of Directors</B>
<BR>
Currently, the only committee of the Board of Directors is the Audit Committee.


<P align="left" style="font-size: 11pt"><B>Audit Committee</B>
<BR>
<U>Charter</U>
<BR>
The Board of Directors adopted an audit committee charter on May&nbsp;2, 2006. A copy of the
Corporation&#146;s Audit Committee charter is attached hereto as Appendix&nbsp;A.


<P align="left" style="font-size: 11pt"><U>Composition of the Audit Committee</U>
<BR>
Douglas Ford (Chairman), John Stanton and Edward Ford are members of the Audit Committee, each of
<BR>
whom is financially literate and other than Edward Ford, are independent for the purposes of NI
58-101.


<P align="left" style="font-size: 11pt">Mr.&nbsp;Douglas Ford has been a member of audit committees of both Canadian and American corporations
since 1987. He has been actively involved in the venture capital and merchant banking business for
nearly twenty years. He obtained a BA (Political Science) degree from the University of British
Columbia in 1986.


<P align="left" style="font-size: 11pt">Mr.&nbsp;John Stanton graduated as a Pharmacist from Albany College of Pharmacy in New York state in
1969. Since that time he has worked as a Pharmacist as an owner and an independent pharmacy
consultant.


<P align="left" style="font-size: 11pt">Mr.&nbsp;Edward Ford has been a member of audit committees of both Canadian and American corporations
since 1987. Mr.&nbsp;Ford has been president of Dockside Capital Group and has been actively involved in
the venture capital and merchant banking business since 1986. He obtained a Chartered Accountant
designation in 1961 and was a partner in a CA firm for 30&nbsp;years. He obtained a Commerce Degree
from the University of Manitoba in 1960.


<P align="left" style="font-size: 11pt"><U>Pre-Approval Policies and Procedures</U>
<BR>
The Audit Committee has not adopted specific policies and procedures for the engagement of
non-audit services.


<P align="left" style="font-size: 11pt"><U>External Auditor Service Fees</U>
<BR>
<I>Audit Fees</I>
<BR>
Dale Matheson Carr-Hilton LaBonte, Chartered Accountants (&#147;DMCL&#148;) billed the Corporation $9,000 for
audit fees in the year ended December&nbsp;31, 2005 and $6,200 in 2004. The former auditor, Charlton &#038;
Company, Chartered Accountants billed $2,675 in 2004.
<BR>
<I>Audit Related Fees</I>
<BR>
DMCL&nbsp;did not&nbsp;provide the Corporation&nbsp;with&nbsp;any&nbsp;assurance and related services&nbsp;in the years ended
December&nbsp;31, 2005 and 2004. The former auditor, Charlton &#038; Company, Chartered Accountants billed
$nil in 2004.
<BR>
<I>Tax Fees</I>
<BR>
DMCL&nbsp;did not&nbsp;provide the Corporation&nbsp;with&nbsp;any&nbsp;professional services rendered for tax compliance,
tax advice and tax planning in the years&nbsp;ended December&nbsp;31, 2005 and&nbsp;2004. The former auditor,
Charlton &#038; Company, Chartered Accountants billed $nil in 2004.


<P align="left" style="font-size: 11pt"><I>All Other Fees</I>
<BR>
DMCL&nbsp;did not&nbsp;bill the Corporation&nbsp;for&nbsp;any other&nbsp;products and services in the years&nbsp;ended December
31, 2005 and&nbsp;2004. The former auditor, Charlton &#038; Company, Chartered Accountants billed $nil in
2004.


<P align="left" style="font-size: 11pt"><U> </U>


<P align="center" style="font-size: 11pt"><B>ADDITIONAL INFORMATION</B>



<P align="left" style="font-size: 11pt; text-indent: 4%">Additional information relating to the Corporation may be found on the System for Electronic
Document Analysis and Retrieval (&#147;SEDAR&#148;) of the Canadian Securities Administrators at
www.sedar.com. Financial information regarding the Corporation is provided in the Corporation&#146;s
comparative financial statements and management&#146;s discussion and analysis for its most recently
completed financial year. Securityholders of the Corporation may contact the Corporation at #208 -
828 Harbourside Drive, North Vancouver, British Columbia, V7P 3R9, Phone: (604)&nbsp;904-8481 to request
copies of the Corporation&#146;s financial statements and management&#146;s discussion and analysis.


<P align="center" style="font-size: 11pt"><B>GENERAL</B>



<P align="left" style="font-size: 11pt; text-indent: 4%">All matters referred to herein for approval by the shareholders require a majority of the
shareholders voting, in person or by proxy, at the Meeting.


<P align="left" style="font-size: 11pt">Unless otherwise stated, the information contained herein is given as of the 29<sup>th</sup> day of
May, 2006.



<P align="center" style="font-size: 10pt; display: none">2


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Exhibit&nbsp;&nbsp;EX-99.3
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<P align="center" style="font-size: 10pt"><FONT style="font-size: 11pt"><B>Appendix &#147;A&#148;</B></FONT>



<P align="center" style="font-size: 11pt"><B>INTERNATIONAL GEMINI TECHNOLOGY INC.<BR>
AUDIT COMMITTEE CHARTER<BR>
Dated: May&nbsp;2, 2006</B>



<P align="left" style="font-size: 11pt">The Audit Committee is a committee of the Board of Directors (the &#147;Board&#148;) to which the Board
delegates its responsibility for oversight of the financial reporting process.


<P align="left" style="font-size: 11pt">The Audit Committee shall assist the Board in fulfilling its responsibilities by:


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="5%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right"><FONT style="font-size: 10pt">&#149;</FONT></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><FONT style="font-size: 10pt"></FONT><FONT style="font-size: 11pt">Reviewing the financial reporting process in place to ensure the
integrity of International Gemini Technology Inc. (the &#147;Corporation&#148;) financial
statements,</FONT></TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="5%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right"><FONT style="font-size: 10pt">&#149;</FONT></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><FONT style="font-size: 10pt"></FONT><FONT style="font-size: 11pt">Evaluating the independent auditor&#146;s qualifications, performance and
independence,</FONT></TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="5%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right"><FONT style="font-size: 10pt">&#149;</FONT></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><FONT style="font-size: 10pt"></FONT><FONT style="font-size: 11pt">Enhance the independence of the independent auditor;</FONT></TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="5%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right"><FONT style="font-size: 10pt">&#149;</FONT></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><FONT style="font-size: 10pt"></FONT><FONT style="font-size: 11pt">Assessing the processes relating to the determination and mitigation of
risks and the maintenance of an effective control environment; and</FONT></TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="5%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right"><FONT style="font-size: 10pt">&#149;</FONT></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><FONT style="font-size: 10pt"></FONT><FONT style="font-size: 11pt">Reviewing the processes to monitor compliance with laws and
regulations.</FONT></TD>
</TR>

</TABLE>


<P align="left" style="font-size: 11pt">The Audit Committee will provide an open avenue of communication among the independent auditor,
financial and senior management of the Corporation and the Board. The Audit Committee has the sole
authority to approve any non-audit engagement by the Corporation&#146;s independent auditors and to
approve all audit engagement fees and terms.


<P align="left" style="font-size: 11pt"><B>Duties and Responsibilities of the Audit Committee</B>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><B>1)</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Financial Reporting</B></TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Review, with management and the independent auditor, the Corporation&#146;s annual financial
statements, independent auditor reports, and disclosures under &#147;Management&#146;s Discussion and
Analysis&#148; before they are reviewed by the Board. Review interim financial information
before it is released to the public. Review all public disclosure documents containing
audited or unaudited financial information before release, including any prospectus, the
annual report, the annual information form and management&#146;s discussion and analysis.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Audit Committee Chair, as a representative of the Committee, shall consult directly
with the independent auditor to obtain their comments with respect to interim reports
including related &#147;Management&#146;s Discussion and Analysis&#148; (as a result of their limited
scope review of the interim reports).</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">c)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Conduct an investigation sufficient to provide reasonable grounds for believing that
the financial statements and reports referred to in a) above are complete in all material
respects and consistent with the information known to Committee members, and assess whether
the financial statements reflect appropriate accounting principles.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">d)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Review with senior management of the Corporation and the independent auditor,
management&#146;s handling of any proposed audit adjustments identified by the independent
auditors.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">e)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Meet with the independent auditor to review the results of the annual audit, their
judgments about the quality and appropriateness of the Corporation&#146;s accounting principles,
and any audit problems or difficulties and management&#146;s response.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">f)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Review and resolve any significant disagreement among the Corporation&#146;s management and
the independent auditors in the financial reporting process.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">g)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Review the integrity of the Corporation&#146;s internal and external financial reporting
process, in consultation with the independent auditors.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">h)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Consider, evaluate and recommend to the Board such changes as are appropriate to the
Corporation&#146;s auditing and accounting principles and practices as suggested by the
independent auditors or the Corporation&#146;s senior management.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">i)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Review with independent auditors and the Corporation senior management the extent to
which changes and improvements in financial and accounting practices, as approved by the
Audit Committee, have been implemented.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><B>2)</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Independent Auditor</B></TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Approve the independent auditors&#146; proposed audit scope, approach and fees</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>At least annually, obtain and review a report by the independent auditor describing:</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">i)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the firm&#146;s internal quality-control procedures, and</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">ii)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any material issues raised by the most recent internal quality-control review,
or peer review, of the firm, or by any inquiry or investigation by governmental or
professional authorities, within the preceding five years, respecting one or more
independent audits carried out by the firm, and any steps taken to deal with any such
issues.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">c)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Confirm the independence of the independent auditor by discussing and reviewing all
significant relationships that the independent auditors have with the Corporation and
obtaining their assertion of independence in accordance with professional standards.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">d)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Review the performance of the independent auditor.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">e)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Engage the Corporation&#146;s independent auditor and present recommendations on the
appointment or discharge of the independent auditor to the Board for presentation to the
shareholders.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">f)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Approve in advance of the Corporation&#146;s final commitment all consulting arrangements
and any other non-audit service with the Corporation&#146;s independent auditors other than
services related to limited scope reviews of interim reports and Canadian and US tax
services.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">g)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Approve all audit fees and terms.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">h)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>When there is to be a change in the auditor, review all issues relating to the change
including any reportable events.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">i)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Review any engagements for non-audit services to be provided by the independent
auditor&#146;s firm or affiliates, together with estimated fees and consider the independence of
the auditor.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><B>3)</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Risk Assessment and Risk Management</B></TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Discuss with Corporation management guidelines and policies governing the risk
assessment and risk management processes.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Review with Corporation management, the independent auditors, significant risks and
exposures. Review management&#146;s plans and processes to minimize such risks, including
insurance coverage.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">c)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Evaluate whether Corporation management is adequately communicating the importance of
internal control to all relevant personnel.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">d)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Periodically privately consult with the independent auditor about internal controls and
the completeness and accuracy of the Corporation&#146;s financial statements.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">e)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Review whether the internal control recommendations made by the internal auditors and
the independent auditor are being implemented by Corporation management and, if not, why
not.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><B>4)</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Compliance with Relevant laws and regulations</B></TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Periodically obtain updates from the Corporation&#146;s senior management regarding
procedures and processes to ensure compliance with applicable laws and regulations
(including but not limited to, securities, tax and environmental matters).</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><B>5)</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Other Responsibilities</B></TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Meet at least five times annually (for review of Q1, Q2 and Q3 interim reports as well
as pre and post audit) with Corporation management and the independent auditors in separate
sessions.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Review President and Chief Executive Officers&#146; expenses and perquisites at least once a
year.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">c)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Review all consulting fees paid by the Corporation to any organization where such fees
exceed $20,000 annually.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">d)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Institute special investigations, if necessary, and hire special counsel or experts to
assist, if appropriate.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">e)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Review and update this Charter at least annually, and obtain approval of changes from
the Board.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">f)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Set clear hiring policies for employees or former employees of the independent
auditors.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">g)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Review the procedures established for the receipt, retention, and treatment of
complaints received by the Corporation regarding accounting, internal accounting controls,
or auditing matters.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><B>6)</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Governance Duties</B></TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Review the procedures established allowing the confidential, anonymous submission by
Corporation employees of concerns regarding questionable accounting or auditing matters and
resolution of such concerns, if any.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Review with the Board, any issues that arise with respect to the quality or integrity
of the Corporation&#146;s financial statements, the Corporation&#146;s compliance with legal or
regulatory requirements and the performance and independence of the Corporation&#146;s
independent auditors.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">c)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Perform other oversight functions as requested by the Board.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">d)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>As considered necessary in the course of fulfilling Audit Committee duties, obtain
advice and assistance from outside legal, accounting or other advisors.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">e)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Report after each meeting to the Board regarding actions taken and matters discussed by
the Committee.</TD>
</TR>

</TABLE>


<P align="left" style="font-size: 11pt"><B>Organization of the Audit Committee</B>


<P align="left" style="font-size: 11pt">The Audit Committee shall be comprised of a minimum of 3 Directors including a Committee Chair, the
majority of which, in the opinion of the Board, are unrelated directors. Each member of the
Committee shall have a working knowledge of basic finance and accounting practices. The Chair of
the Committee must have accounting or related financial management experience. The members of the
Committee and its Chair shall be appointed by the Board. Appointments shall be made in accordance
with procedures established by the Governance Committee of the Board of Directors from time to
time.


<P align="left" style="font-size: 11pt">The Corporation will adequately fund the budget of the Audit Committee. The budget will include, at
a minimum, payments to the independent auditors for audit services and, if necessary, other
professionals retained by the Audit Committee from time to time.


<P align="left" style="font-size: 11pt">The Committee shall meet at five times annually (for review of Q1, Q2 and Q3 interim reports as
well as pre and post audit) pre and post audit), or more frequently as circumstances dictate. On an
annual basis, the Committee shall report to the Board on the Committee&#146;s performance against its
charter and the goals established annually by the Committee for itself.


<P align="left" style="font-size: 11pt"><B>Procedure Governing Errors or Misstatements in Financial Statements</B>


<P align="left" style="font-size: 11pt">In the event a director or an officer of the Corporation has reason to believe, after discussion
with management, that a material error or misstatement exists in financial statements of the
Corporation, that director or officer shall forthwith notify the Audit Committee and the auditor of
the error or misstatement of which the director or officer becomes aware in a financial statement
that the auditor or a former auditor has reported on.


<P align="left" style="font-size: 11pt">If the auditor or a former auditor of the Corporation is notified or becomes aware of an error or
misstatement in a financial statement on which the auditor or former auditor has reported, and if
in the auditor&#146;s or former auditor&#146;s opinion the error or misstatement is material, the auditor or
former auditor shall inform each director accordingly


<P align="left" style="font-size: 11pt">When the Audit Committee or the Board is made aware of an error or misstatement in a financial
statement the Board shall prepare and issue revised financial statements or otherwise inform the
unitholders and file such revised financial statements as required.


<P align="left" style="font-size: 11pt"><B>Limitation on Audit Committee Members&#146; Duties</B>


<P align="left" style="font-size: 11pt">Nothing in this Charter is intended, or may be construed, to impose on any member of the Audit
Committee a standard of care or diligence that is in any way more onerous or extensive than the
standard required by law.



<P align="center" style="font-size: 10pt; display: none">


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<TYPE>EX-99.4
<SEQUENCE>5
<FILENAME>exhibit4.htm
<DESCRIPTION>EX-99.4
<TEXT>
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<HEAD>
<TITLE>
Exhibit&nbsp;&nbsp;EX-99.4
</TITLE>
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<P align="left" style="font-size: 10pt"><FONT style="font-size: 16pt"><B>International Gemini Technology Inc.</B>
</FONT>


<P align="left" style="margin-left:1%; font-size: 16pt"><FONT style="font-size: 12pt"><B>PROXY</B>
</FONT>


<P align="left" style="margin-left:1%; font-size: 12pt"><B>ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS OF International Gemini Technology Inc. </B></FONT><FONT style="font-size: 8pt"><B> (the
&#147;Company&#148;)</B>
</FONT>


<P align="left" style="margin-left:1%; font-size: 8pt"><FONT style="font-size: 9pt"><B>TO BE HELD AT #208 &#151; 828 Harbourside Drive, North Vancouver, British Columbia on June&nbsp;29, 2006
at 2:00 p.m.</B>
</FONT>


<P align="left" style="margin-left:1%; font-size: 9pt"><B>The undersigned registered shareholder (&#147;Registered Shareholder&#148;) of the Company hereby appoints,</B>
Martin Schultz, a Director of the Company, or failing this person, Douglas E. Ford, a Director of
the Company, or in the place of the foregoing, <U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>as proxyholder for
and on behalf of the Registered Shareholder with the power of substitution to attend, act and vote
for and on behalf of the Registered Shareholder in respect of all matters that may properly come
before the Meeting of the Registered Shareholders of the Company and at every adjournment thereof,
to the same extent and with the same powers as if the undersigned Registered Shareholder were
present at the said Meeting, or any adjournment thereof.



<P align="left" style="margin-left:1%; font-size: 9pt">The Registered Shareholder hereby directs the proxyholder to vote the securities of the Company
registered in the name of the Registered Shareholder as specified herein.



<P align="left" style="margin-left:1%; font-size: 9pt"><B>Resolutions </B>(For full detail of each item, please see the enclosed Notice of Meeting and
Management Information Circular). Please indicate your voting preference by marking an &#147;X&#148; in the
space provided.

<DIV align="center">
<TABLE style="font-size: 8pt" cellspacing="0" border="0" cellpadding="0" width="95%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="13%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="61%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="8%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>For</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Against</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="font-size: 8pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">1.
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">To determine the number of Directors at five (5)
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR></TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top" style="border-top: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR></TD>
</TR>
<TR valign="bottom" style="font-size: 8pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 8pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>For</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Withhold</B></TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 8pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 8pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">2.
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">To elect as directors for the ensuing year the<BR>
slate of nominees proposed by management in the<BR>
enclosed Management Information Circular
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR>
<BR>
<BR>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR>
<BR>
<BR></TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top" style="border-top: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR></TD>
</TR>
<TR valign="bottom" style="font-size: 8pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 8pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>For</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Withhold</B></TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 8pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 8pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">3.
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">To appoint Dale Matheson Carr-Hilton LaBonte,<BR>
Chartered Accountants as Auditors of the<BR>
Company and authorize the Directors to fix<BR>
their remuneration
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR>
<BR>
<BR>
<BR>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR>
<BR>
<BR>
<BR></TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top" style="border-top: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR></TD>
</TR>
<TR valign="bottom" style="font-size: 8pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 8pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>For</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Against</B></TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 8pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 8pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">To change the name of the Company from<BR>
&#147;International Gemini Technology Inc.&#148; to<BR>
&#147;Widescope Resources Inc.&#148; or to such other<BR>
name as the Directors of the Company deem fit
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR>
<BR>
<BR>
<BR>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR>
<BR>
<BR>
<BR></TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top" style="border-top: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<P align="left" style="margin-left:1%; font-size: 8pt"><B>The undersigned Registered Shareholder hereby revokes any proxy previously given to attend and
vote at said Meeting.</B>



<P align="left" style="margin-left:1%; font-size: 8pt"><B>SIGN HERE: </B><U><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></U><B>Date:
</B><U><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></U>



<P align="left" style="margin-left:1%; font-size: 8pt"><B>Please Print Name: </B><U><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></U>



<P align="left" style="margin-left:1%; font-size: 8pt"><B><I>THIS PROXY FORM IS </I></B><U><B><I>NOT VALID UNLESS</I></B></U><B><I> IT IS </I></B><U><B><I>SIGNED</I></B></U><B><I>. SEE IMPORTANT INFORMATION AND
INSTRUCTIONS ON REVERSE</I></B>


<P align="center" style="font-size: 10pt; display: none">1
<!-- PAGEBREAK -->

<P align="center" style="font-size: 8pt"><FONT style="font-size: 11pt"><B>INSTRUCTIONS FOR COMPLETION OF PROXY</B></FONT>



<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right">1.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>This Proxy is solicited by the Management of the Company.</B></TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right">2.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>This form of proxy (&#147;Instrument of Proxy&#148;) <U><B><I>must be signed </I></B>by you, the Registered
Shareholder</U>, or by your attorney duly authorized by you in writing, or, in the case of a
corporation, by a duly authorized officer or representative of the corporation; and <B><I>if
executed by an attorney, officer, or other duly appointed representative</I></B><B>, </B>the original or a
notarial copy of the instrument so empowering such person, or such other documentation in
support as shall be acceptable to the Chairman of the Meeting, must accompany the Instrument
of Proxy.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right">3.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><U><B><I>If this Instrument of Proxy is not dated</I></B></U> in the space provided, authority is hereby
given by you, the Registered Shareholder, for the proxyholder to date this proxy seven (7)
calendar days after the date on which it was mailed to you, the Registered Shareholder, by
Computershare.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right">4.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B><I>A Registered Shareholder who wishes to </I></B><U><B><I>attend</I></B></U><B><I> the Meeting and vote on the resolutions
in person</I></B>, may simply register with the scrutineers before the Meeting begins.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><FONT style="font-size: 9pt">5.</FONT></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><FONT style="font-size: 9pt"></FONT><FONT style="font-size: 11pt"><B><I>A Registered Shareholder who is </I></B><U><B><I>not able to attend</I></B></U><B><I> the Meeting in person but
wishes to vote on the resolutions</I></B>, may do the following:</FONT></TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right"><B><I>(a)</I></B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B><I>appoint one of the management proxyholders </I></B>named on the Instrument of Proxy, by
leaving the wording appointing a nominee as is (i.e. do not strike out the management
proxyholders shown and do not complete the blank space provided for the appointment of
an alternate proxyholder). Where no choice is specified by a Registered Shareholder
with respect to a resolution set out in the Instrument of Proxy, a management appointee
acting as a proxyholder will vote in favour of each matter identified on this
Instrument of Proxy and for the nominees of management for directors and auditor as
identified in this Instrument of Proxy;</TD>
    <TD width="2%" style="background: transparent">&nbsp;</TD>
</TR>

</TABLE>



<P align="left" style="margin-left:2%; font-size: 11pt"><B>OR</B>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right"><B><I>(b)</I></B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B><I>appoint another proxyholder, </I></B>who need not be a Registered Shareholder of the Company,
to vote according to the Registered Shareholder&#146;s instructions, by striking out the
management proxyholder names shown and inserting the name of the person you wish to
represent you at the Meeting in the space provided for an alternate proxyholder. If no
choice is specified, the proxyholder has discretionary authority to vote as the proxyholder
sees fit.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><FONT style="font-size: 9pt">6.</FONT></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><FONT style="font-size: 9pt"></FONT><FONT style="font-size: 11pt"><B><I>The securities represented by this Instrument of Proxy will be voted or withheld from
voting in accordance with the instructions of the Registered Shareholder on any poll </I></B>of a
resolution that may be called for and, if the Registered Shareholder specifies a choice with
respect to any matter to be acted upon, the securities will be voted accordingly. Further,
the securities will be voted by the appointed proxyholder with respect to any amendments or
variations of any of the resolutions set out on the Instrument of Proxy or matters which may
properly come before the Meeting as the proxyholder in its sole discretion sees fit.</FONT></TD>
</TR>

</TABLE>


<P align="left" style="font-size: 11pt">To be represented at the Meeting, this proxy form must be received at the office of <B>Computershare</B>
no later than forty eight (48)&nbsp;hours (excluding Saturdays, Sundays and holidays) prior to the time
of the Meeting, or adjournment thereof or may be accepted by the Chairman of the Meeting prior to
the commencement of the Meeting. The mailing address is:


<P align="center" style="font-size: 11pt"><B><I>Computershare Investor Services<BR>
Proxy Dept. 100 University Avenue 9</I></B><sup><B><I>th</sup> Floor<BR>
Toronto Ontario M5J 2Y1<BR>
Fax: Within North America: 1-866-249-7775 Outside North America: (416)&nbsp;263-9524</I></B>



<P align="left" style="font-size: 11pt">If a Registered Shareholder has submitted an Instrument of Proxy, <B><I>the Registered Shareholder may
still attend the Meeting and may vote in person</I></B>. To do so, the Registered Shareholder must record
his/her attendance with the scrutineers before the commencement of the Meeting and revoke, in
writing, the prior votes.



<P align="center" style="font-size: 10pt; display: none">2


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<DOCUMENT>
<TYPE>EX-99.5
<SEQUENCE>6
<FILENAME>exhibit5.htm
<DESCRIPTION>EX-99.5
<TEXT>
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<TITLE>
Exhibit&nbsp;&nbsp;EX-99.5
</TITLE>
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<P align="center" style="font-size: 10pt"><FONT style="font-size: 11pt"><B>INTERNATIONAL GEMINI TECHNOLOGY INC.</B><BR>
<I>#208 &#151; 828 Harbourside Drive,<BR>
North Vancouver, British Columbia V7P 3R9<BR>
Telephone: (604)&nbsp;904-8481 Facsimile: (604)&nbsp;904-9431</I></FONT>



<P align="center" style="font-size: 11pt"><FONT style="font-size: 10pt"><B>FINANCIAL STATEMENTS REQUEST FORM</B></FONT>



<P align="left" style="font-size: 10pt">Cusip No.&nbsp;45955B105


<P align="left" style="font-size: 10pt">National Instruments 51-102 and 54-101 of the Canadian Securities Administrators provide both
registered holders and beneficial owners of a company&#146;s securities with the opportunity to elect
<U>annually</U> to have their names added to a supplemental mailing list in order to receive a
copy of a company&#146;s annual and interim financial statements and the corresponding management
discussion and analysis (&#147;MD&#038;A&#148;) of those statements.


<P align="left" style="font-size: 10pt">If you wish to receive printed copies of these materials for International Gemini Technology Inc.
(the &#147;Corporation&#148;), please complete this form and return it to:


<P align="center" style="font-size: 10pt"><B>International Gemini Technology Inc.<BR>
#208 &#151; 828 Harbourside Drive<BR>
North Vancouver, BC V7P 3R9</B>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="95%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="7%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="90%">&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="font-size: 10pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">c
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Please send me ONLY the audited financial statements and the annual MD&#038;A for fiscal 2006.</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">c
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Please send me ONLY the quarterly interim financial statements and corresponding interim MD&#038;A to those financial<BR>
statements for 2006.</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">c
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Please send me BOTH the audited financial statements for fiscal 2006 and quarterly interim financial statements for<BR>
2006 and the corresponding MD&#038;A to those statements.</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="left" style="font-size: 10pt"><B>You will not receive a copy of any financial statements from the Corporation for the ensuing year
if you do not complete and return this form.</B>


<P align="left" style="font-size: 10pt">Copies of the Corporation&#146;s previously issued and current annual and quarterly financial statements
and related MD&#038;A are available to shareholders and to the public on the SEDAR website at
<U>www.sedar.com.</U>


<P align="left" style="font-size: 10pt">I confirm that I am a shareholder of the Corporation.

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="95%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="43%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="7%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="8%">&nbsp;</TD>
</TR>

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<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">DATED:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2006.</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD colspan="9" align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Signature<BR></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="left" style="font-size: 10pt; text-indent: 20%">Name of Registered/Non-Registered Shareholder &#151; Please Print


<P align="left" style="font-size: 10pt; text-indent: 20%">Address


<P align="left" style="font-size: 10pt; text-indent: 38%">Postal Code


<P align="left" style="font-size: 10pt; text-indent: 20%">Phone Number Fax Number


<P align="left" style="font-size: 10pt; text-indent: 20%">Name and title of person signing if different from above


<P align="left" style="font-size: 10pt"><B>By providing an E-mail address, you will be deemed to be consenting to the electronic delivery to
you at such E-mail address of the above selected financial statements, if delivery by electronic
means is allowed by applicable regulatory rules and policies.</B>


<P align="left" style="font-size: 10pt">E-mail address (optional)


<P align="left" style="font-size: 10pt">The Corporation will use the information collected solely for the purpose of mailing such financial
statements to you and will treat your signature on this form as your consent to the above. .



<P align="center" style="font-size: 10pt; display: none">


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<DOCUMENT>
<TYPE>EX-99.6
<SEQUENCE>7
<FILENAME>exhibit6.htm
<DESCRIPTION>EX-99.6
<TEXT>
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<HEAD>
<TITLE>
Exhibit&nbsp;&nbsp;EX-99.6
</TITLE>
</HEAD>
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<BODY style="font-family: 'Times New Roman',Times,serif">


<P align="left" style="font-size: 10pt; text-indent: 15%"><FONT style="font-size: 10pt"><U><B>INDEPENDENT AUDITORS&#146; REPORT</B></U>
</FONT>

<P align="left" style="font-size: 10pt">To the Shareholders of International Gemini Technology, Inc.


<P align="left" style="font-size: 10pt">We have audited the balance sheets of International Gemini Technology, Inc. as at December&nbsp;31, 2005
and 2004 and the statements of operations and deficit, and cash flows for the years then ended.
These financial statements are the responsibility of the company&#146;s management. Our responsibility
is to express an opinion on these financial statements based on our audits.


<P align="left" style="font-size: 10pt">We conducted our audits in accordance with Canadian generally accepted auditing standards and with
the standards of the Public Company Accounting Oversight Board (United States). Those standards
require that we plan and perform an audit to obtain reasonable assurance whether the financial
statements are free of material misstatement. An audit includes examining, on a test basis,
evidence supporting the amounts and disclosures in the financial statements. An audit also
includes assessing the accounting principles used and significant estimates made by management, as
well as evaluating the overall financial statement presentation.


<P align="left" style="font-size: 10pt">In our opinion, these financial statements present fairly, in all material respects, the financial
position of the Company as at December&nbsp;31, 2005 and 2004 and the results of its operations and its
cash flows for the years then ended in accordance with Canadian generally accepted accounting
principles.


<P align="left" style="font-size: 10pt">The audited financial statements for the year ended December&nbsp;31, 2003 were audited by other
auditors who expressed an opinion without reservation on those statements in their report dated
February&nbsp;10, 2004.


<P align="right" style="font-size: 10pt"><I>&#147;Dale Matheson Carr-Hilton LaBonte&#148;</I>



<P align="left" style="font-size: 10pt">Vancouver, Canada Chartered Accountants
<BR>
April&nbsp;12, 2006


<P align="center" style="font-size: 10pt"><B>COMMENTS BY AUDITORS FOR U.S. READERS ON CANADA</B>



<P align="left" style="font-size: 10pt; text-indent: 13%"><U><B>- UNITED STATES REPORTING DIFFERENCES</B></U>


<P align="left" style="font-size: 10pt">In the United States, reporting standards for auditors require the addition of an explanatory
paragraph (following the opinion paragraph) when the financial statements are affected by
conditions and events that cast substantial doubt on the Company&#146;s ability to continue as a going
concern, such as those described in Note 1 to the financial statements. Our report to the
shareholders dated April&nbsp;12, 2006 is expressed in accordance with Canadian reporting standards
which do not permit a reference to such events and conditions in the auditors&#146; report when these
are adequately disclosed in the financial statements.


<P align="right" style="font-size: 10pt"><I>&#147;Dale Matheson Carr-Hilton LaBonte&#148;</I>



<P align="left" style="font-size: 10pt">Vancouver, Canada Chartered Accountants
<BR>
April&nbsp;12, 2006



<P align="center" style="font-size: 10pt; display: none">


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<DOCUMENT>
<TYPE>EX-99.7
<SEQUENCE>8
<FILENAME>exhibit7.htm
<DESCRIPTION>EX-99.7
<TEXT>
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<HTML>
<HEAD>
<TITLE>
Exhibit&nbsp;&nbsp;EX-99.7
</TITLE>
</HEAD>
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<BODY style="font-family: 'Times New Roman',Times,serif">


<P align="left" style="font-size: 10pt"><FONT style="font-size: 11pt"><B>International Gemini Technology Inc.</B>
<BR>
<B>(a development stage company)</B>
</FONT><BR>
<FONT style="font-size: 10pt"><B>Balance Sheets</B>
<BR>
<B>As at December&nbsp;31,</B>
<BR>
<B>(Expressed in Canadian Dollars)</B>
</FONT>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="95%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="60%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="7%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="7%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="7%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="7%">&nbsp;</TD>
</TR>
<TR style="font-size: 10pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>2005</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>2004</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:30px; text-indent:-10px"><B>ASSETS</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD colspan="9" align="left" style="border-top: 1px solid #000000">&nbsp;<BR></TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><B>Current</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:20px; text-indent:-10px">Cash</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">128,126</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">1,472</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:20px; text-indent:-10px">Accounts receivable (Note 4(b))</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">312</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">52,398</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">128,438</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">53,870</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><B>PFG Investment </B>(Note 4(a))</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">90,000</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">218,438</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">53,870</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD colspan="5" align="left"><B>LIABILITIES</B><BR></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD colspan="9" align="left" style="border-top: 1px solid #000000">&nbsp;<BR></TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><B>Current</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:20px; text-indent:-10px">Accounts payable and accrued liabilities</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">42,219&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">56,897&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><B>Nature and Continuance of Operations </B>(Note 1)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD colspan="5" align="left"><B>SHAREHOLDERS&#146; EQUITY (CAPITAL DEFICIENCY)</B><BR></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD colspan="9" align="left" style="border-top: 1px solid #000000">&nbsp;<BR></TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><B>Share capital &#150; common </B>(Note 6)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">12,894,609</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">12,660,559</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><B>Share capital &#150; preferred </B>(Note 6)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">604,724</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">604,724</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><B>Contributed surplus</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">53,344</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">53,344</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><B>Deficit</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">(13,376,458</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">(13,321,654</TD>
    <TD nowrap>)</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">176,219</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">(3,027</TD>
    <TD nowrap>)</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">218,438</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">53,870&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
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</TABLE>
</DIV>


<P align="left" style="font-size: 10pt">Approved by the directors:


<P align="left" style="font-size: 10pt">Director &#150; <U>&#147;<I>Edward D. Ford</I>&#148;</U> Director
&#150; <U>&#147;<I>Martin Schultz</I>&#148;</U>


<P align="left" style="font-size: 10pt"><B><I>See accompanying notes</I></B><I>.</I>
Page 2
<BR>
<B>International Gemini Technology Inc.</B>
<BR>
<B>(a development stage company)</B>
<BR>
<B>Statements of Operations and Deficit</B>
<BR>
<B>For the Years Ended December&nbsp;31,</B>
<BR>
<B>(Expressed in Canadian Dollars)</B>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="95%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="46%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="7%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="7%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="7%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="7%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="7%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="7%">&nbsp;</TD>
</TR>
<TR style="font-size: 10pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>2005</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>2004</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>2003</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><B>Revenue </B>(Note 5)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">-&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">20,000&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">3,000&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><B>General and administrative </B>(Note 5)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">54,804&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">43,718&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">40,863&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><B>Loss on sale of investment </B>(Note 4(b))</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">-&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">16,024&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">-&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">54,804&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">59,742&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">40,863&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><B>Net loss</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">(54,804</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">(39,742</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">(37,863</TD>
    <TD nowrap>)</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><B>Deficit, beginning of year</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">(13,321,654</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">(13,281,912</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">(13,244,049</TD>
    <TD nowrap>)</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><B>Deficit, end of year</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">$</TD>
    <TD align="right">(13,376,458</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">$</TD>
    <TD align="right">(13,321,654</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">$</TD>
    <TD align="right">(13,281,912</TD>
    <TD nowrap>)</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><B>Basic and diluted loss per common
share</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">$</TD>
    <TD align="right">(0.01</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">$</TD>
    <TD align="right">(0.01</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">$</TD>
    <TD align="right">(0.01</TD>
    <TD nowrap>)</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="95%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="37%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="7%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="8%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="7%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="8%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="7%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="8%">&nbsp;</TD>
</TR>
<TR style="font-size: 10pt" valign="bottom">
    <TD nowrap align="left"><B>Weighted average</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 10pt" valign="bottom">
    <TD nowrap align="left"><B>number of common</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 10pt" valign="bottom">
    <TD nowrap align="left"><B>shares outstanding</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><B>&#150; basic and diluted</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">9,084,049</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">8,323,119</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">8,323,119</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="left" style="font-size: 10pt"><B><I>See accompanying notes.</I></B>
Page 3
<BR>
<B>International Gemini Technology Inc.</B>
<BR>
<B>(a development stage company)</B>
<BR>
<B>Statements of Cash Flows</B>
<BR>
<B>For the Years Ended December&nbsp;31,</B>
<BR>
<B>(Expressed in Canadian Dollars)</B>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="95%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="61%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
</TR>
<TR style="font-size: 10pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>2005</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>2004</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>2003</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><B>Cash provided by (used in)</B>:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><B>Operating activities</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:20px; text-indent:-10px">Net loss</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">$</TD>
    <TD align="right">(54,804</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">$</TD>
    <TD align="right">(39,742</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">$</TD>
    <TD align="right">(37,863</TD>
    <TD nowrap>)</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:20px; text-indent:-10px">Item not affecting cash:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:40px; text-indent:-10px">Loss on sale of investment</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">16,024</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:40px; text-indent:-10px">Changes in working capital balances:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:50px; text-indent:-10px">Accounts receivable</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">22,086</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">(21,311</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">109,479</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:50px; text-indent:-10px">Accounts payable and accrued liabilities</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">(14,678</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">44,542</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">(70,253</TD>
    <TD nowrap>)</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><B>Net cash provided by (used in) operating activities</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">(47,396</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">(487</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,363</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><B>Investing activities</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:20px; text-indent:-10px">Investment in PFG</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">(90,000</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:20px; text-indent:-10px">Receipt of proceeds from sale of BWN investment</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">30,000</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><B>Net cash used in investing activities</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">(60,000</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><B>Financing Activites</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:30px; text-indent:-10px">Proceeds from issuance of common stock</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">234,050</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><B>Net cash provided by financing activities</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">234,050</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><B>Net increase (decrease)&nbsp;in cash</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">126,654</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">(487</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,363</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><B>Cash, beginning of year</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,472&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,959</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">596</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><B>Cash, end of year</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">128,126&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">1,472</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">1,959</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="95%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="76%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="font-size: 10pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Supplemental cash flow information:</B>
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR></TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Interest paid
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">$-&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">$-&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">$-&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 3px double #000000">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 3px double #000000">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 3px double #000000">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Income taxes paid
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">$-&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">$-&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">$-&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 3px double #000000">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 3px double #000000">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 3px double #000000">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="left" style="font-size: 10pt"><B><I>See accompanying notes.</I></B>
Page 4<B>International Gemini Technology Inc.</B>
<BR>
<B>(a development stage company)</B>
<BR>
<B>Notes to the Financial Statements</B>
<BR>
<B>December&nbsp;31, 2005 and 2004</B>
<BR>
<B>(Expressed in Canadian Dollars)</B>


<P align="left" style="font-size: 10pt"><B>1.&nbsp;</B><U><B>Nature and Continuance of Operations</B></U>



<P align="left" style="margin-left:2%; font-size: 10pt">The sole activity of International Gemini Technology Inc. (the &#147;Company&#148;) is its search for a
suitable acquisition or acquisitions that can be made and financed at prices and terms that
make business sense. The Company&#146;s continued operations are dependent upon its ability to
identify, evaluate and negotiate an acquisition of, a participation in or an investment of an
interest in a transaction.



<P align="left" style="margin-left:2%; font-size: 10pt">The Company has incurred substantial losses to date and additional losses are anticipated in
future business acquisition and development. These financial statements are prepared on a going
concern basis which implies that the Company will continue to realize the carrying value of its
assets and discharge its liabilities in the normal course of business. The financial
statements do not reflect any adjustments to the carrying value of assets or liabilities that
would be necessary should the Company be unable to operate as a going concern. The Company&#146;s
ability to continue as a going concern is subject to obtaining financing, acquiring or
establishing business operations and ultimately on achieving profitable operations. (Note 4)


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><B>2.</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><U><B>Significant Accounting Policies</B></U></TD>
</TR>

</TABLE>



<P align="left" style="margin-left:2%; font-size: 10pt">These financial statements have been prepared in accordance with accounting principles
generally accepted (&#147;GAAP&#148;) in Canada, which, except as described in Note 9, conform in all
material respects with accounting principles generally accepted in the United States. Outlined
below are those policies considered particularly significant to the Company.


<P align="left" style="font-size: 10pt; text-indent: 2%">(a)&nbsp;Stock-based compensation



<P align="left" style="margin-left:4%; font-size: 10pt">Effective January&nbsp;1, 2004, the Company adopted the new recommendations of the Canadian
Institute of Chartered Accountants (&#147;CICA&#148;) Handbook Section&nbsp;3870 &#147;Stock-Based Compensation
and Other Stock-Based Payments&#148;. These recommendations establish standards for the
recognition, measurement and disclosure of stock-based compensation and other stock-based
payments in exchange for goods and services. The standard requires that all new or altered
stock-based awards provided to employees and non-employees are measured and recognized
using a fair value based method. Fair values are determined using the Black-Scholes option
pricing model. Any consideration paid by the option holder on the exercise of the options
is credited to share capital.


<P align="left" style="font-size: 10pt; text-indent: 2%">(b)&nbsp;Use of estimates



<P align="left" style="margin-left:4%; font-size: 10pt">The preparation of financial statements in conformity with Canadian generally accepted
accounting principles requires management to make estimates and assumptions that affect the
reported amount of assets and liabilities, and the disclosure of contingent assets and
liabilities at the date of the financial statements and the reported amount of revenues and
expenses during the year. Actual results could differ from these estimates.


<P align="left" style="font-size: 10pt; text-indent: 2%">(c)&nbsp;Income taxes



<P align="left" style="margin-left:4%; font-size: 10pt">The Company follows the liability method of accounting for income taxes whereby future
income tax assets and liabilities are computed based on differences between the carrying
amount of assets and liabilities on the balance sheet date and their corresponding tax
values using the enacted income tax rates at each balance sheet date. Future income tax
assets also result from unused loss carry-forwards and other deductions. The valuation of
future income tax assets is reviewed annually and adjusted, if necessary, by use of a
valuation allowance to reflect the estimated realizable amount.


<P align="right" style="font-size: 10pt">Page 5




<P align="center" style="font-size: 10pt; display: none">1
<!-- PAGEBREAK -->




<P align="left" style="font-size: 10pt"><B>International Gemini Technology Inc.</B>
<BR>
<B>(a development stage company)</B>
<BR>
<B>Notes to the Financial Statements</B>
<BR>
<B>December&nbsp;31, 2005 and 2004</B>
<BR>
<B>(Expressed in Canadian Dollars)</B>


<P align="left" style="font-size: 10pt"><B>2.&nbsp;</B><U><B>Significant Accounting Policies</B></U> (continued)


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">(d)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Loss per share</TD>
</TR>

</TABLE>



<P align="left" style="margin-left:4%; font-size: 10pt">The Company uses the treasury stock method to compute the dilutive effect of options,
warrants and similar instruments. Under this method the dilutive effect on loss per share
is recognized on the use of the proceeds that could be obtained upon exercise of options,
warrants and similar instruments. It assumes that the proceeds would be used to purchase
common shares at the average market price during the year. Loss per share is calculated
using the weighted-average number of shares outstanding during the year.



<P align="left" style="margin-left:4%; font-size: 10pt">Diluted loss per share figures are equal to those of basic loss per share for each year
since the effects of the convertible preferred shares have been excluded as they are
anti-dilutive.


<P align="left" style="font-size: 10pt; text-indent: 2%">(e)&nbsp;Revenue recognition



<P align="left" style="margin-left:4%; font-size: 10pt">Revenue will be recognized when the requirements as to performance for transactions
involving services are met, the amounts involved are determinable and ultimate collection
is reasonably assured at the time of performance.


<P align="left" style="font-size: 10pt; text-indent: 2%">(f)&nbsp;Impairment of long-lived assets


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>On January&nbsp;1, 2004, the Company early adopted the new CICA Handbook Section&nbsp;3063
&#147;Impairment of Long-Lived Assets&#148; recommendations. These recommendations provide
accounting guidance for the recognition, measurement and disclosure of impairment of
long-lived assets, including property, plant and equipment and intangible assets with
infinite useful lives. They require the recognition of an impairment loss for a
long-lived asset when events or changes in circumstances causes its carrying value to
exceed the total undiscounted future cash flows expected from its use and eventual
disposition. The impairment loss is calculated by deducting the fair value of the
asset from its carrying value. This policy has been adopted prospectively and has had
no effect on these financial statements.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">(g)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Investments</TD>
</TR>

</TABLE>



<P align="left" style="margin-left:4%; font-size: 10pt">Long-term investments are carried at cost. If it is determined that the value of the
investment is permanently impaired, it is written down to its estimated net realizable
value.



<P align="left" style="margin-left:4%; font-size: 10pt">The Company accounts for its investment in PFG using the cost basis as it does not have
significant influence on its investment.


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">(h)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Comparative figures</TD>
</TR>

</TABLE>



<P align="left" style="margin-left:4%; font-size: 10pt">Certain comparative figures have been reclassified to conform with the presentation adopted
in the current year.


<P align="left" style="font-size: 10pt"><B>3.&nbsp;</B><U><B>Financial Instruments</B></U>



<P align="left" style="margin-left:2%; font-size: 10pt">The Company&#146;s financial instruments consist of cash, accounts receivable, and accounts payable
and accrued liabilities. It is management&#146;s opinion that the Company is not exposed to
significant interest, currency or credit risks arising from these financial instruments due to
the short term to maturity. The fair value of these financial instruments approximate their
carrying values.


<P align="right" style="font-size: 10pt">Page 6




<P align="center" style="font-size: 10pt; display: none">2
<!-- PAGEBREAK -->




<P align="left" style="font-size: 10pt"><B>International Gemini Technology Inc.</B>
<BR>
<B>(a development stage company)</B>
<BR>
<B>Notes to the Financial Statements</B>
<BR>
<B>December&nbsp;31, 2005 and 2004</B>
<BR>
<B>(Expressed in Canadian Dollars)</B>


<P align="left" style="font-size: 10pt"><B>4.&nbsp;</B><U><B>Investments</B></U>



<P align="left" style="margin-left:2%; font-size: 10pt">a) PFG Investment



<P align="left" style="margin-left:4%; font-size: 10pt">The Company entered into a subscription agreement to invest $200,000 into Outback Capital
Inc. dba Pinefalls Gold (&#147;PFG&#148;) a private Alberta company with certain directors and
principal shareholders in common with the Company. PFG is an exploration company with
mining claims located in the area of Bissett, Manitoba. The Company will invest $200,000 in
exchange for 4&nbsp;million units at $0.05 per unit with each unit comprised of one common share
and one share purchase warrant to purchase an additional common share at $0.075 for a period
of two years. Prior to exercising the warrants, the Company will own approximately 37% of
the common shares of PFG. As at December&nbsp;31, 2005, the Company had invested $90,000 in
exchange for 1.8&nbsp;million units under this subscription agreement, approximately 17% of the
outstanding common shares of PFG. The Company expects to advance the balance of the funds
prior to the end of the second quarter of 2006.



<P align="left" style="margin-left:4%; font-size: 10pt">In addition, the Company entered into an option agreement with one of the principal
shareholders of PFG, a director of the Company, which entitles the Company to acquire a
further 3&nbsp;million common shares of PFG in exchange for one million common shares of the
Company. The option is exercisable at the Company&#146;s discretion and it expired on March&nbsp;31,
2006. The parties subsequently agreed to extend the agreement until March&nbsp;31, 2007.



<P align="left" style="margin-left:4%; font-size: 10pt">Upon completely funding the subscription agreement and in the event that the Company
exercises both the warrants and the option, the Company would own approximately 65% of the
common shares of PFG.



<P align="left" style="margin-left:4%; font-size: 10pt">To fund its commitment to the PFG investment, the Company has arranged a non-brokered
private placement to provide working capital to the Company. The Company will issue up to 2
million units at $0.15 per unit with each unit comprised of one common share and one share
purchase warrant. Each warrant will entitle the holder to purchase one common share for a
period of 24&nbsp;months at $0.18 per share. To date, the Company has issued 1,560,333 units and
raised $234,050 in connection with this financing.



<P align="left" style="margin-left:2%; font-size: 10pt">b) BWN Investment



<P align="left" style="margin-left:4%; font-size: 10pt">During the year ended December&nbsp;31, 2004, an investment was recorded at cost and represented
a 3% interest in a private company, B.W.N. Oil Technologies Inc. (&#147;BWN&#148;).



<P align="left" style="margin-left:4%; font-size: 10pt">The BWN investment was sold during 2004 to a company with a common director for $30,000
resulting in a loss of $16,024. Included in accounts receivable at December&nbsp;31, 2004 is the
sale amount of $30,000 which was received in fiscal 2005.


<P align="left" style="font-size: 10pt"><B>5.&nbsp;</B><U><B>Related Party Transactions</B></U>



<P align="left" style="margin-left:2%; font-size: 10pt">During the year ended December&nbsp;31, 2005, a company in which a director has an interest
charged the Company $24,000 (2004: $38,000; 2003: $36,000) for rent and management fees. The
unpaid portion of these amounts, plus additional advances and other amounts due to directors,
aggregating $34,810 (2004: $55,395) is included in accounts payable and accrued liabilities at
December&nbsp;31, 2005.



<P align="left" style="margin-left:2%; font-size: 10pt">A company in which a director has an interest was charged $nil (2004: $20,000; 2003:
$3,000) for consulting fees during the year ended December&nbsp;31, 2005.



<P align="left" style="margin-left:2%; font-size: 10pt">Related party transactions were in the normal course of business and have been recorded at
the exchange amount. Amounts due to related parties are unsecured, non-interest bearing and
without specific terms of repayment.


<P align="right" style="font-size: 10pt">Page 7




<P align="center" style="font-size: 10pt; display: none">3
<!-- PAGEBREAK -->




<P align="left" style="font-size: 10pt"><B>International Gemini Technology Inc.</B>
<BR>
<B>(a development stage company)</B>
<BR>
<B>Notes to the Financial Statements</B>
<BR>
<B>December&nbsp;31, 2005 and 2004</B>
<BR>
<B>(Expressed in Canadian Dollars)</B>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><B>6.</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><U><B>Share Capital</B></U></TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The authorized capital of the Company comprises 100,000,000 common shares without par
value and 100,000,000 Series&nbsp;1 convertible preferred shares without par value. The rights
and restrictions of the preferred shares are as follows:</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">i)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>dividends shall be paid at the discretion of the directors;</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">ii)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the holders of the preferred shares are not entitled to vote except at meetings
of the holders of the preferred shares, where they are entitled to one vote for each
preferred share held;</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">iii)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the shares are convertible at any time; and</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">iv)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the number of the common shares to be received on conversion of the preferred
&nbsp;shares is to be determined by dividing the conversion value of the share, $1 per share,
by $0.45.</TD>
</TR>

</TABLE>



<P align="left" style="margin-left:2%; font-size: 10pt">b) i) Common shares

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="95%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="46%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
</TR>
<TR style="font-size: 10pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="7" style="border-bottom: 1px solid #000000"><B>2005</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="7" style="border-bottom: 1px solid #000000"><B>2004</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="center"><B>Shares</B></TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>$</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="center"><B>Shares</B></TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>$</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Balance, beginning of year</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">8,323,119</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">12,660,559</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">8,323,119</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">12,660,559</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><FONT style="font-size: 9.5pt">Issued via private placement (Note 4a)</FONT></DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right"><FONT style="font-size: 10pt"></FONT></TD>
    <TD align="right"><FONT style="font-size: 10pt">1,560,333</FONT></TD>
    <TD><FONT style="font-size: 10pt"></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">234,050</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Balance, end of year</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">9,883,452</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">12,894,609</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">8,323,119</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">12,660,559</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="left" style="font-size: 10pt; text-indent: 3%">ii) Preferred shares

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="95%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="52%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
</TR>
<TR style="font-size: 10pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="7" style="border-bottom: 1px solid #000000"><B>2005</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="7" style="border-bottom: 1px solid #000000"><B>2004</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="center"><B>Shares</B></TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>$</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="center"><B>Shares</B></TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>$</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Balance, beginning and end of year</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">604,724</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">604,724</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">604,724</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">604,724</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="left" style="font-size: 10pt; text-indent: 3%">iii) Warrants

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="95%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="66%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="10%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="10%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 10pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>2005</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>2004</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Balance, beginning of year</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:20px; text-indent:-10px">Issued</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,560,333</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Balance, end of year</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,560,333</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<P align="left" style="margin-left:4%; font-size: 10pt">iv) Stock options: As of December&nbsp;31, 2005 and 2004, there were no stock options
outstanding.



<P align="left" style="margin-left:2%; font-size: 10pt">The warrants were issued in conjunction with the June&nbsp;2005 private placement of common shares
(Note 4(a)). Each warrant gives the holder the right to purchase one common share of the
Company at $0.18 per share on or before the expiry of the warrants on June&nbsp;7, 2007.


<P align="right" style="font-size: 10pt">Page 8




<P align="center" style="font-size: 10pt; display: none">4
<!-- PAGEBREAK -->




<P align="left" style="font-size: 10pt"><B>International Gemini Technology Inc.</B>
<BR>
<B>(a development stage company)</B>
<BR>
<B>Notes to the Financial Statements</B>
<BR>
<B>December&nbsp;31, 2005 and 2004</B>
<BR>
<B>(Expressed in Canadian Dollars)</B>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right">7.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><U><B>Income Taxes</B></U></TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The potential future tax benefit of these losses has not been recorded as a full-future tax
asset valuation allowance has been provided due to the uncertainty regarding the
realization of these losses</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>A&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;reconciliation of income taxes at statutory rates with the reported taxes is as
follows:</TD>
</TR>

</TABLE>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="95%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="57%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
</TR>
<TR style="font-size: 10pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>2005</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>2004</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>2003</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><FONT style="font-size: 4pt">Loss before income taxes</FONT></DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right"><FONT style="font-size: 4pt">$</FONT></TD>
    <TD align="right"><FONT style="font-size: 4pt">54,804</FONT></TD>
    <TD><FONT style="font-size: 4pt"></FONT></TD>
    <TD>&nbsp;</TD>
    <TD align="right"><FONT style="font-size: 4pt">$</FONT></TD>
    <TD align="right"><FONT style="font-size: 4pt">39,742&nbsp;</FONT></TD>
    <TD><FONT style="font-size: 4pt"></FONT></TD>
    <TD>&nbsp;</TD>
    <TD align="right"><FONT style="font-size: 10pt">$</FONT></TD>
    <TD align="right"><FONT style="font-size: 10pt">37,863</FONT></TD>
    <TD><FONT style="font-size: 10pt"></FONT></TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Income tax recovery at statutory rates</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">19,072</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">14,156&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">13,479</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Unrecognized benefit of capital loss</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">(5,708</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Unrecognized benefit of
non-capital losses</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">(19,072</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">(8,448</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">(13,479</TD>
    <TD nowrap>)</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Total income taxes</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">-&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">-&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="left" style="font-size: 10pt; text-indent: 2%">The significant components of the Company&#146;s future income tax assets are as follows:

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="95%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="46%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="7%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="7%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="7%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="7%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="7%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="7%">&nbsp;</TD>
</TR>
<TR style="font-size: 10pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>2005</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>2004</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>2003</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Future income tax assets:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Non-capital losses carried forward</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">61,814</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">42,742&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">34,294</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Capital losses carried forward</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,506</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,506&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Research and development expenses
carried forward</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,220,128</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,220,128&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,220,128</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Valuation allowance</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">(1,283,448</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">(1,264,376</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">(1,254,422</TD>
    <TD nowrap>)</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Net future income tax asset</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<P align="left" style="margin-left:2%; font-size: 10pt">The Company has approximately $175,000 in non-capital losses that can be offset against taxable
income in future years which expire at various dates to the year ended December&nbsp;31, 2014 and
approximately $8,000 in capital losses which may be available to offset future taxable capital
gains which can be carried forward indefinitely.



<P align="left" style="margin-left:2%; font-size: 10pt">In addition, the Company has accumulated timing differences comprised primarily of research and
development expenditures not yet deducted for income tax purposes of $3,427,326.



<P align="left" style="margin-left:2%; font-size: 10pt">The related potential income tax benefits with respect to these items have not been recorded in
the accounts. Application and expiration of these carryforward balances are subject to relevant
provisions of the Income Tax Act, Canada.


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><B>8.</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><U><B>Subsequent Event</B></U></TD>
</TR>

</TABLE>



<P align="left" style="margin-left:2%; font-size: 10pt">In March&nbsp;2006, the Company negotiated an extension to the option agreement (see Note 4(a)) which
extends the exercise date to March&nbsp;31, 2007. The option with one of the principal shareholders
of PFG, a director of the Company, entitles the Company to acquire a further 3&nbsp;million common
&nbsp;shares of PFG in exchange for one million common shares of the Company.


<P align="right" style="font-size: 10pt">Page 9




<P align="center" style="font-size: 10pt; display: none">5
<!-- PAGEBREAK -->




<P align="left" style="font-size: 10pt"><B>International Gemini Technology Inc.</B>
<BR>
<B>(a development stage company)</B>
<BR>
<B>Notes to the Financial Statements</B>
<BR>
<B>December&nbsp;31, 2005 and 2004</B>
<BR>
<B>(Expressed in Canadian Dollars)</B>


<P align="left" style="font-size: 10pt"><B>9.&nbsp;</B><U><B>Reconciliation between Canadian and United States Generally Accepted Accounting
Principles</B></U>



<P align="left" style="margin-left:2%; font-size: 10pt">These financial statements have been prepared in accordance with Canadian generally accepted
accounting principles (&#147;Canadian GAAP&#148;). There were no reported differences for the Company for
the years ended December&nbsp;31, 2005, 2004, and 2003 which would require reconciliation from
Canadian GAAP to US GAAP. However, a description of accounting principles generally accepted in
the Unites States (&#147;US GAAP&#148;) and practices prescribed by the US Securities and Exchange
Commission (&#147;SEC&#148;) that ordinarily result in material measurement differences from Canadian GAAP
are as follows:



<P align="left" style="margin-left:2%; font-size: 10pt">(a)&nbsp;Stock-based compensation



<P align="left" style="margin-left:2%; font-size: 10pt">The Financial Accounting Standards Board (&#147;FASB&#148;) in the US issued Statement of Financial
Accounting Standards (&#147;SFAS&#148;) No.&nbsp;123, <I>Accounting for Stock-Based Compensation</I>. The statement
encourages entities to adopt a fair value methodology of accounting for employee stock-based
compensation.



<P align="left" style="margin-left:2%; font-size: 10pt">As permitted by the statement, the Company has continued measuring compensation costs using the
intrinsic value based method of accounting for stock-based compensation issued to employees as
prescribed by APB Opinion No.&nbsp;25. Under the intrinsic value method, compensation cost is the
excess, if any, of the quoted market value of the stock at the date of the granting of options
to employees and directors to purchase stock over the amount an optionee must pay to acquire the
stock at that date. This excess is recognized by a charge to operations over the vesting period.
As the exercise price of options granted by the Company to employees and directors approximates,
or is greater than, the market value at the grant date, the Company has determined no
compensation cost is required to be recorded for US GAAP purposes, relating to employee
stock-based compensation awards.



<P align="left" style="margin-left:2%; font-size: 10pt">However, commencing January&nbsp;1, 2004 under Canadian GAAP, the Company records employees stock
compensation using the fair value method, accordingly for 2004 an adjustment is required to
reconcile to US GAAP.



<P align="left" style="margin-left:2%; font-size: 10pt">Under SFAS No.&nbsp;123, stock options granted to non-employees for services rendered to the Company
are required to be accounted for as compensation cost and charged to operations as the services
are performed and the options are earned. The compensation cost is to be measured based on the
fair value of the stock options granted. This method is similar to the Canadian GAAP adopted as
of January&nbsp;1, 2002. The stock-based compensation expense in respect of stock options granted to
non-employees, under US GAAP, based upon the fair value of the options granted, determined using
the Black-Scholes option pricing model, would be $nil cumulatively from the date of adoption of
SFAS No.&nbsp;123 to December&nbsp;31, 2001.



<P align="left" style="margin-left:2%; font-size: 10pt">In December&nbsp;2004, the FASB issued SFAS No.123&#174; (revised 2004), <I>Share-Based Payment</I>. SFAS No.
123&#174; will provide investors and other users of financial statements with more complete and
neutral financial information by requiring that the compensation cost relating to share-based
payment transactions be recognized in financial statements. That cost will be measured based
on the fair value of the equity or liability instruments issued. SFAS No.&nbsp;123&#174; covers a wide
range of share-based compensation arrangements including share options, restricted share plans,
performance-based awards, share appreciation rights, and employee share purchase plans. SFAS
No.&nbsp;123&#174; replaces FASB Statement No.&nbsp;123, <I>Accounting for Stock-Based Compensation</I>, and
supersedes APB Opinion No.&nbsp;25, <I>Accounting for Stock Issued to Employees</I>. Public entities will
be required to apply SFAS No.&nbsp;123&#174; as of the first interim or annual reporting period that
begins after June&nbsp;15, 2005 or December&nbsp;15, 2005 for small business issuers.



<P align="left" style="margin-left:2%; font-size: 10pt">The Company anticipates that upon adoption of SFAS No.123&#174; there will be no material
difference between stock compensation as determined under US GAAP versus that determined under
Canadian GAAP.


<P align="right" style="font-size: 10pt">Page 10




<P align="center" style="font-size: 10pt; display: none">6
<!-- PAGEBREAK -->




<P align="left" style="font-size: 10pt"><B>International Gemini Technology Inc.</B>
<BR>
<B>(a development stage company)</B>
<BR>
<B>Notes to the Financial Statements</B>
<BR>
<B>December&nbsp;31, 2005 and 2004</B>
<BR>
<B>(Expressed in Canadian Dollars)</B>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><B>9.</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><U><B>Reconciliation between Canadian and United States Generally Accepted Accounting
Principles</B></U> (continued)</TD>
</TR>

</TABLE>



<P align="left" style="margin-left:2%; font-size: 10pt">(b)&nbsp;Earnings per share



<P align="left" style="margin-left:2%; font-size: 10pt">With respect to contingently issuable shares held in escrow, US GAAP requires that contingently
issuable shares only be included in the calculation of earnings per share when eligible for
release from escrow. Consequently, contingently issuable escrow shares would not have been
included in weighted average common shares outstanding and therefore would not have been
included in the calculation of loss per share for the year.



<P align="left" style="margin-left:2%; font-size: 10pt">(c)&nbsp;Income taxes



<P align="left" style="margin-left:2%; font-size: 10pt">Under US GAAP, the effect on deferred tax assets and liabilities of a change in tax rates is
recognized in income in the period that includes the enactment date. Under Canadian GAAP, the
effect of a change in tax rates is recognized in the period of substantive enactment. The
application of this difference under US GAAP does not result in a material difference between
future income taxes as recorded under Canadian GAAP.



<P align="left" style="margin-left:2%; font-size: 10pt">(d)&nbsp;Reporting comprehensive income



<P align="left" style="margin-left:2%; font-size: 10pt">SFAS No.&nbsp;130, <I>Reporting Comprehensive Income, </I>establishes standards for the reporting and
display of comprehensive income and its components in a full set of general purpose financial
statements. Comprehensive income equals net income (loss)&nbsp;for the year as adjusted for all other
non-owner changes in shareholders&#146; equity. SFAS 130 requires that all items that are required to
be recognized under accounting standards as components of comprehensive income be reported in a
financial statement. For the years ended December&nbsp;31, 2005, 2004 and 2003, comprehensive loss
equals the net loss.



<P align="left" style="margin-left:2%; font-size: 10pt">(e)&nbsp;Development stage company



<P align="left" style="margin-left:2%; font-size: 10pt">Pursuant to US GAAP, the Company would be considered a development stage company as the Company
is devoting its efforts to establishing commercially viable mineral properties. However, the
identification of the Company as such for accounting purposes does not impact the measurement
principles applied to these financial statements.



<P align="left" style="margin-left:2%; font-size: 10pt">(f)&nbsp;Recent accounting pronouncements



<P align="left" style="margin-left:2%; font-size: 10pt">In December&nbsp;2004, the FASB issued SFAS No.&nbsp;123R, <I>Share-Based Payment</I>. SFAS No.&nbsp;123R establishes
standards for the accounting for transactions in which an entity exchanges its equity
instruments for goods or services. It also addresses transactions in which an entity incurs
liabilities in exchange for goods or services that are based on the fair value of the entity&#146;s
equity instruments or that may be settled by the issuance of those equity instruments. SFAS No.
123R focuses primarily on accounting for transactions in which an entity obtains employee
services in share-based payment transactions. SFAS No.&nbsp;123R requires that the compensation cost
relating to share-based payment transactions be recognized in financial statements. That cost
will be measured based on the fair value of the equity or liability instruments issued. Public
entities that file as small business issuers will be required to apply SFAS No.&nbsp;123R in the
first interim or annual reporting period that begins after December&nbsp;15, 2005. Management is
currently evaluating the impact of the adoption of this standard on the Company&#146;s reported
financial position or results of operations



<P align="left" style="margin-left:2%; font-size: 10pt">In March&nbsp;2005, the SEC staff issued Staff Accounting Bulletin (&#147;SAB&#148;) No.&nbsp;107, <I>Share-Based
Payment</I>, to give guidance on the implementation of SFAS No.&nbsp;123R. The Company will consider SAB
No.&nbsp;107 during the implementation of SFAS No.&nbsp;123R.


<P align="right" style="font-size: 10pt">Page 11




<P align="center" style="font-size: 10pt; display: none">7
<!-- PAGEBREAK -->




<P align="left" style="font-size: 10pt"><B>International Gemini Technology Inc.</B>
<BR>
<B>(a development stage company)</B>
<BR>
<B>Notes to the Financial Statements</B>
<BR>
<B>December&nbsp;31, 2005 and 2004</B>
<BR>
<B>(Expressed in Canadian Dollars)</B>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><B>9</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><U><B>Reconciliation between Canadian and United States Generally Accepted Accounting
Principles</B></U> (continued)</TD>
</TR>

</TABLE>



<P align="left" style="margin-left:2%; font-size: 10pt">(f)&nbsp;Recent accounting pronouncements (continued)



<P align="left" style="margin-left:2%; font-size: 10pt">In May&nbsp;2005, the FASB issued SFAS No.&nbsp;154, <I>Accounting for Changes and Error Corrections &#151; A
Replacement of APB Opinion No.&nbsp;20 and FASB Statement No.&nbsp;3</I>. Under the provisions of SFAS No.
154, a voluntary change in accounting principle requires retrospective application to prior
period financial statements, unless it is impracticable to determine either the period-specific
effects or the cumulative effect of the change. A change in depreciation, amortization, or
depletion method for long-lived, non-financial assets must be accounted for as a change in
accounting estimate affected by a change in accounting principle. The guidance contained in APB
No.&nbsp;20 for reporting the correction of an error in previously issued financial statements and a
change in accounting estimate was not changed. The Company will implement this new standard
beginning January&nbsp;1, 2006. This standard is not expected to have a significant effect on the
Company&#146;s future reported financial position or results of operations.



<P align="left" style="margin-left:2%; font-size: 10pt">In November&nbsp;2005, the FASB issued Staff Position (&#147;FSP&#148;) FAS115-1/124-1, <I>The Meaning of
Other-Than-Temporary Impairment and Its Application to Certain Investments</I>, which addresses the
determination as to when an investment is considered impaired, whether that impairment is other
than temporary, and the measurement of an impairment loss.&nbsp;This FSP also includes accounting
considerations subsequent to the recognition of an other-than-temporary impairment and requires
certain disclosures about unrealized losses that have not been recognized as
other-than-temporary impairments.&nbsp;The guidance in this FSP amends FASB Statements No.&nbsp;115,
<I>Accounting for Certain Investments in Debt and Equity Securities</I>, and No.&nbsp;124, <I>Accounting for
Certain Investments Held by Not-for-Profit Organizations</I>, and APB Opinion No.&nbsp;18, <I>The Equity
Method of Accounting for Investments in Common Stock</I>.&nbsp;This FSP is effective for reporting
periods beginning after December&nbsp;15, 2005.&nbsp;Management does not believe the adoption of this FSP
will have a material impact on the Company&#146;s future reported financial position or results of
operations



<P align="left" style="margin-left:2%; font-size: 10pt">In February&nbsp;2006, the FASB issued SFAS No.&nbsp;155, <I>Accounting for Certain Hybrid Financial
Instruments-an amendment of FASB Statements No.&nbsp;133 and 140</I>, to simplify and make more
consistent the accounting for certain financial instruments. SFAS No.&nbsp;155 amends SFAS No.&nbsp;133,
<I>Accounting for Derivative Instruments and Hedging Activities</I>, to permit fair value remeasurement
for any hybrid financial instrument with an embedded derivative that otherwise would require
bifurcation, provided that the whole instrument is accounted for on a fair value basis. SFAS No.
155 amends SFAS No.&nbsp;140, <I>Accounting for the Impairment or Disposal of Long-Lived Assets</I>, to
allow a qualifying special-purpose entity to hold a derivative financial instrument that
pertains to a beneficial interest other than another derivative financial instrument. SFAS No.
155 applies to all financial instruments acquired or issued after the beginning of an entity&#146;s
first fiscal year that begins after September&nbsp;15, 2006, with earlier application allowed. This
standard is not expected to have a significant effect on the Company&#146;s future reported financial
position or results of operations.


<P align="right" style="font-size: 10pt">Page 12




<P align="center" style="font-size: 10pt; display: none">8


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Exhibit&nbsp;&nbsp;EX-99.8
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<P align="center" style="font-size: 10pt"><FONT style="font-size: 16pt"><B>INTERNATIONAL GEMINI TECHNOLOGY INC.</B></FONT><BR>
<FONT style="font-size: 11pt"><I>#208 &#151; 828 Harbourside Drive,<BR>
North Vancouver, British Columbia V7P 3R9<BR>
Telephone: (604)&nbsp;904-8481 Facsimile: (604)&nbsp;904-9431</I></FONT>



<P align="left" style="font-size: 11pt"><FONT style="font-size: 14pt"><B>THE ATTACHED AUDITED FINANCIAL STATEMENTS FORM AN INTEGRAL PART OF THIS MANAGEMENT DISCUSSION
AND ANALYSIS AND ARE HEREBY INCLUDED BY REFERENCE</B>
</FONT>

<P align="center" style="font-size: 14pt"><FONT style="font-size: 12pt"><B>Management Discussion and Analysis as of April&nbsp;25, 2006</B></FONT>



<P align="left" style="font-size: 12pt">Effective April&nbsp;21, 2005 the Company announced that it had agreed to make an investment in a
private company which holds gold prospective mineral claims in central Manitoba, Canada. To date
the Company has advanced part of the proceeds of this investment and now owns a percentage of
Outback Capital Inc. (dba Pinefalls Gold} which is conducting early-stage exploration on its
properties. The investment has been funded from proceeds realized in a June&nbsp;2005 private
placement.


<P align="left" style="font-size: 12pt"><B>Trend Analysis</B>


<P align="left" style="font-size: 12pt">The business of the Company entails significant risks. Any analysis of the trend of the company&#146;s
activities would reveal this. And there is nothing to suggest that these trends will change.


<P align="left" style="font-size: 12pt">The Company&#146;s sole activity is its search for a suitable acquisition or acquisitions that can be
made and financed at prices and terms that make business sense. Recently this has focused on the
resource sector. Resource prices are at medium to long-term highs, a condition that increases
potential acquisition costs, and increases the corresponding risk. The same factors have reduced
the supply of high quality opportunities.


<P align="left" style="font-size: 12pt">World economic conditions, including the trade and budget deficits in the United States, have made
the case for precious metals a compelling one. This, combined with the availability of capital for
precious metals projects has expanded the acquisition search to include precious metals exploration
and development opportunities.


<P align="left" style="font-size: 12pt">A different set of circumstances has driven oil and gas prices to record prices. The greater
industrialization of China and India, combined with the emergence of a significant affluent middle
class in both countries combine with other factors to increase world demand for petroleum products.
This increased demand appears to be permanent, although the price level also combines real or
perceived worldwide product shortages, or supply dislocations. Any significant increase in supply
will tend to moderate prices.


<P align="left" style="font-size: 12pt">The Company has regularly been behind major trends and as a result missed them.


<P align="center" style="font-size: 10pt; display: none">1
<!-- PAGEBREAK -->

<P align="center" style="font-size: 10pt; display: none">2
<!-- PAGEBREAK -->

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="95%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="41%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="7%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="8%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="6%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="7%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="6%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="7%">&nbsp;</TD>
</TR>
<TR style="font-size: 10pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 1px solid #000000"><B>Selected Financial Data &#091;Annual&#093;</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3">&nbsp;</TD>
</TR>
<TR style="font-size: 10pt" valign="bottom">
    <TD nowrap align="left" colspan="5" style="border-bottom: 1px solid #000000">(Expressed in Canadian Dollars)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3">&nbsp;</TD>
</TR>
<TR style="font-size: 10pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="7" style="border-bottom: 1px solid #000000"><B>Years ended December 31</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3">&nbsp;</TD>
</TR>
<TR style="font-size: 10pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>2005</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>2004</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>2003</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Net Operating Revenues</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">20,000</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,000</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Net income (loss)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">$</TD>
    <TD align="right">(54,804</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">(39,742</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">(37,863</TD>
    <TD nowrap>)</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Loss per share from
continued operations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">0.01</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.01</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.01</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Share capital per
Canadian GAAP</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">13,499,333</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">13,265,283</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">13,265,283</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Common shares issued</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">9,883,452</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">8,323,119</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">8,323,119</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Weighted average shares
outstanding per
Canadian GAAP</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">9,084,049</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">8,323,119</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">8,323,119</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Total Assets</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">218,438</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">53,870</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">49,070</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Net Assets (liabilities)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">176,219</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">(3,027</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">36,715</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Cash Dividends Declared
per Common Shares</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Exchange Rates (Cdn$ to
U.S.$) Period Average</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">0.8253</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.7683</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.7135</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="left" style="font-size: 10pt"><FONT style="font-size: 12pt"><B>Overview</B>
</FONT>

<P align="left" style="font-size: 12pt">The Company&#146;s sole focus is on finding and completing a suitable acquisition, or suitable
acquisitions. This activity is largely carried out by the directors and large shareholders at their
expense. The Company&#146;s management team, affiliates and directors have special expertise in the
areas of due diligence, financial analysis and corporate finance strategy with respect to emerging
growth enterprises. Additionally, the Company retains Dockside Capital Group to provide certain
management functions and in so doing can also access its similar expertise. From time-to-time the
Company is approached, through referral, to provide these services on a consulting basis. Thus the
Company generates revenue by providing these services. As these sources of revenue are not core to
the Company&#146;s focus, the services are not actively marketed.


<P align="left" style="font-size: 12pt"><B>Results of Operations</B>


<P align="left" style="font-size: 12pt">The Company has shown modest losses for the past several years. These losses result largely from
having little or no revenue and minimal operating expenses, rather than having unusual expenses. In
2004 the Company elected to sell its passive investment, and this resulted in a loss that was
somewhat greater than usual. The expenses of the Company are almost completely related to
satisfying regulatory requirements, including the annual meeting, financial reporting,
communications with shareholders; and seeking and evaluating acquisition prospects for suitability
and ability to attract financing.


<P align="left" style="font-size: 12pt"><B>Fluctuations in Results</B>


<P align="left" style="font-size: 12pt">The Company&#146;s annual operating results fluctuate, but very little. Revenues to date have been
solely derived from consulting activities which are not core to the Company&#146;s focus and may
fluctuate greatly based upon the Company&#146;s receipt of infrequent, third-party referrals for these
services. Expenses fluctuate on the basis of postal rate increases, or reductions in courier or
long distance phone rates. Since our daily operations are almost completely related to satisfying
regulatory requirements, including the annual meeting, financial reporting, communications with
shareholders; and seeking and evaluating acquisition prospects for suitability and ability to
attract financing &#151; our expenses are dependent on prevailing market rates for communications
services and mailing rates. Similarly, our expenses will continue to increase due to the upward
pressure on professional fees charged to reporting companies for compliance related services such
as legal and audit work as a result of changes to securities legislation throughout North America.


<P align="left" style="font-size: 12pt"><B>Liquidity and Capital Resources</B>


<P align="left" style="font-size: 12pt">Since the Company is organized in Canada, the Company&#146;s December&nbsp;31, 2005 financial statements have
been prepared in accordance with Canadian generally accepted accounting principles. However, Note 9
to the financial statements reconciles any differences between Canadian and United States generally
accepted accounting principals.


<P align="left" style="font-size: 12pt">As at December&nbsp;31, 2005, the Company had accumulated losses totaling $13,376,458. The Company had
working capital of $86,219 as at December&nbsp;31, 2005. The continuation of the Company is dependent
upon the continued financial support of shareholders, its ability to raise capital through the
issuance of its securities, as well as obtaining long-term financing when the company concludes an
appropriate merger or acquisition agreement.


<P align="left" style="font-size: 12pt">As noted, these conditions raise substantial doubt about the Company&#146;s ability to continue as a
going concern. The financial statements do not include any adjustment that might arise from
uncertainty. However, had the audit been conducted in accordance with U.S. generally accepted
auditing standards the auditors would have reflected these concerns in their report and would have
included an explanatory paragraph in their report raising concern about the Company&#146;s ability to
continue as a going concern.


<P align="left" style="font-size: 12pt">As at December&nbsp;31, 2005 the Company had cash and equivalents of $128,126 and working capital of
$86,219.

<DIV align="center">
<TABLE style="font-size: 12pt" cellspacing="0" border="0" cellpadding="0" width="95%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="19%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
</TR>
<TR style="font-size: 12pt" valign="bottom">
    <TD nowrap align="left" colspan="5"><B>Selected Financial Data &#091;Quarterly - unaudited&#093;</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="font-size: 12pt">
    <TD colspan="5" align="left"><FONT style="font-size: 10pt">(Expressed in Canadian Dollars)<BR></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="7" align="center"><B>Quarter Ended</B><BR></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>12/31/2005</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>9/30/2005</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>6/30/2005</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>3/31/2005</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>12/31/2004</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>9/30/2004</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>6/30/2004</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>3/31/2004</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Net Operating Revenues</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">20,000</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Net income (loss)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">$</TD>
    <TD align="right">(4,476</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">(9,934</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">(33,432</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">(6,962</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">(18,443</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">(8,262</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">(7,467</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">(5,570</TD>
    <TD nowrap>)</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Income per share from
continued operations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Share capital per
Canadian GAAP</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">13,499,333</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">13,499,333</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">13,499,333</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">13,265,283</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">13,265,283</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">13,265,283</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">13,265,283</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">13,265,283</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Common shares issued</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">9,883,452</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">9,883,452</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">9,883,452</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">8,323,119</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">8,323,119</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">8,323,119</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">8,323,119</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">8,323,119</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Weighted average shares
outstanding per
Canadian GAAP</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">9,084,049</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">8,703,584</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">8,323,119</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">8,323,119</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">8,323,119</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">8,323,119</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">8,323,119</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">8,323,119</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Total Assets</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">218,438</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">217,498</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">221,662</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">53,330</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">53,870</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">46,402</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">48,257</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">46,432</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Net Assets (liabilities)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">176,219</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">180,695</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">190,629</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">(9,989</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">(3,027</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">15,414</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">23,677</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">31,145</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Cash Dividends Declared
per Common Shares</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt; display: none">3
<!-- PAGEBREAK -->


<P align="left" style="font-size: 10pt"></FONT><FONT style="font-size: 12pt"><B>Additional Disclosure for Venture Issuers Without Significant Revenue</B>
</FONT>

<P align="left" style="font-size: 12pt">The business of the Company entails significant risks, and an investment in the securities of the
Company should be considered highly speculative. An investment in the securities of the Company
should only be undertaken by persons who have sufficient financial resources to enable them to
assume such risks. The following is a general description of all material risks, which can
adversely affect the business and in turn the financial results, ultimately affecting the value of
an investment the Company.



<P align="left" style="margin-left:2%; font-size: 12pt"><B><I>The Company has no viable business.</I></B>



<P align="left" style="margin-left:2%; font-size: 12pt"><B><I>The Company has no funds.</I></B>



<P align="left" style="margin-left:2%; font-size: 12pt"><B><I>There is no assurance that the Company can access additional capital.</I></B>



<P align="left" style="margin-left:2%; font-size: 12pt"><B><I>There is no assurance that the investment disclosed herein with Pinefalls Gold will be
successful in its quest to find a commercially viable quantity of mineral resources.</I></B>



<P align="left" style="margin-left:2%; font-size: 12pt"><B><I>The Company has a history of operating losses and may have operating losses and a negative cash
flow in the future.</I></B>



<P align="left" style="margin-left:2%; font-size: 12pt"><B><I>The Company&#146;s auditors have indicated that U.S. reporting standards would require them to raise
a concern about the company&#146;s ability to continue as a going concern.</I></B>



<P align="left" style="margin-left:2%; font-size: 12pt"><B><I>There is no market for our common shares.</I></B>


<P align="left" style="font-size: 12pt"><B>Off-Balance Sheet Arrangements</B>


<P align="left" style="font-size: 12pt">There are no off-balance sheet arrangements.


<P align="left" style="font-size: 12pt"><B>Table of Contractual Obligations</B>

<DIV align="center">
<TABLE style="font-size: 12pt" cellspacing="0" border="0" cellpadding="0" width="95%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="38%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="57%">&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B><I>Contractual Obligations:</I></B>
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B><I>Payments Due by Period</I></B></TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top" style="border-top: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Purchase Obligation (1)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">$110,000 by July&nbsp;15, 2006 for balance of<BR>
investment in Pinefalls Gold &#091;see Note 4 of<BR>
financial statements&#093;</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top" style="border-top: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Option Obligation (2)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">1,000,000 common shares by March&nbsp;31, 2007<BR>
to exercise option to acquire three million<BR>
common shares of Pinefalls Gold &#091;see Note 4<BR>
of financial statements&#093;</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top" style="border-top: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="left" style="font-size: 12pt">(1)Via private placement Subscription Agreement dated April&nbsp;15, 2005
<BR>
(2)Option only. Requires completion of Subscription Agreement in (1)&nbsp;above


<P align="left" style="font-size: 12pt"><B>Fourth Quarter</B>


<P align="left" style="font-size: 12pt">There were no fourth quarter events or items that affected the Company&#146;s financial condition, cash
flows or results of operations, including extraordinary items, year-end and other adjustments. The
Company&#146;s operations are not seasonal.


<P align="left" style="font-size: 12pt"><B>Critical Accounting Estimates</B>


<P align="left" style="font-size: 12pt">There are no critical accounting estimates.


<P align="left" style="font-size: 12pt"><B>Changes in Accounting Policies</B>


<P align="left" style="font-size: 12pt">There have been no changes in accounting policies.



<P align="center" style="font-size: 10pt; display: none">4


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