Company Avalon Minerals Ltd Australian S.E.

Sunstone Metals Limited is an Australia-based mineral exploration company. The Company’s principal activity is engaged in the mineral exploration and evaluation. The Company has gold and copper assets in Ecuador. The Company’s assets are the Bramaderos Gold-Copper Project and El Palmar Copper-Gold Project. The Bramaderos Property is located in southern Ecuador and is centered approximately 69 kilometer west-southwest of the provincial capital city of Loja, over 213 kilometer south-southeast of the coastal city of Guayaquil and 460 kilometer south-southwest of Quito. The El Palmar Project is located in northern Ecuador and approximately 60 kilometers northwest of Quito, Ecuador’s capital city. The Company’s wholly owned subsidiaries include Avalon Minerals Adak AB, Scandian Metals Pty Ltd and Sunstone Metals Canada Limited.