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May 25, 2015 2:35 AM ET

Metals and Mining

Company Overview of Nippon Dragon Resources Inc.

Company Overview

Nippon Dragon Resources Inc. acquires, explores, and develops gold properties in Canada and Peru. The company holds interest in the Denain project that consists of 24 mining claims located to the east of Val d'Or, Quebec; the Courville-Maruska project covering 20 mining claims in Courville township, Quebec; and the Rocmec 1 project that is located in Dasserat township, Quebec. It also holds a 50% interest in the Rey Salomon property located in Peru. The company was formerly known as Rocmec Mining Inc and changed its name to Nippon Dragon Resources Inc. in April 2014. Nippon Dragon Resources Inc. was incorporated in 2000 and is headquartered in Brossard, Canada.

7055 Taschereau Boulevard

Suite 500

Brossard, QC J4Z 1A7

Canada

Founded in 2000

Phone:

450-510-4442

Key Executives for Nippon Dragon Resources Inc.

Chief Executive Officer, President, Director, Member of Compensation Committee and Member of Health & Safety Committee
Total Annual Compensation: $80.6K
Vice President of Operations & Technologies, Director, Member of Health & Safety Committee and Member of Enviromental Committee
Total Annual Compensation: $85.0K
Compensation as of Fiscal Year 2013.

Nippon Dragon Resources Inc. Key Developments

Nippon Dragon Resources Inc. Signs an Exclusive Distribution Agreement with SAFESCAPE

Nippon Dragon Resources Inc. announced that it has signed an exclusive distribution agreement with SAFESCAPE for its patented Thermal Fragmentation mining method in various contracts and mining operations throughout the Countries of Australia, New Zealand, Papua New Guinea, Indonesia and the Philippines. Highlights of the distributorship agreement include the granting of the exclusive rights to SAFESCAPE for the usage, distribution, training and marketing of the Method by SAFESCAPE who will have the exclusivity in the Territory for a period of 5 years once certain terms specified within the agreement have been met. It is intended that the revenues generated by the agreement be based using a monthly Intellectual Property fee model and an equipment-leasing model. SAFESCAPE plans on also using the Method to facilitate the installation of its Safescape Laddertube escapeway system designed specifically for use in underground mines. Nippon will manufacture and ship two Thermal Fragmentation units known as "Mini-Dragons" to SAFESCAPE premises in Forrestfield, Western Australia. Nippon will retain ownership of the units that will become part of Nippon's fleet of Thermal Fragmentation units.

Nippon Dragon Resources Inc. Announces Update on the Exclusive Licensing Agreement with NDR Japan in Japan

Nippon Dragon Resources Inc. announced that the company to provide an update on the exclusive agreement with NDR Japan Co. Ltd. for its patented Thermal Fragmentation mining method. A thermal unit (Dragon) that was shipped to Japan in December has arrived and is being prepared in anticipation of a surface demonstration, similar to the ones that were successfully conducted in South Africa and Val d'Or over the past months. A very impressive list of confirmed attendee's include representatives of major mining and construction companies from China and Japan as well as dignitaries representing various government agencies.

Nippon Dragon Resources Inc. Updates on the Exclusive Licensing Agreement with MaXem in South Africa

Nippon Dragon Resources Inc. provided an update on the exclusive agreement with MaXem for its patented Thermal Fragmentation mining method. MaXem has successfully tested the Thermal Fragmentation mining method in South Africa in 2014 and is diligently working to secure future work with this technology in 2015 not only in South Africa but also in Zimbabwe, Botswana, Mozambique, South West Africa, Zambia, Tanzania and the RDC.

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