The Company wishes to express its gratitude to the outgoing Chairman, Mr.��� Mel Smale, who will stay on as a Director. Mr. Smale has been the Chairman of ICS since the Company went public and has served the position admirably.

Mr Molyneux graduated with a BSc (Honours) in Geology from Capetown University in South Africa. He worked for Anglo American in South Africa in the mid 1970's conducting fieldwork that led to the discovery of the Venetian Diamond Mine in South Africa. With DeBeers he was appointed Resident Geologist at the Premier Diamond Mine in 1976 where he remained until 1983. Richard was then appointed Chief Geologist for Namaqualand Mines and subsequently appointed General Manager in 1995 overseeing a workforce of over 2,000. Richard was appointed President and CEO of DeBeers Canada Corporation in 2000 based in Toronto. During the six years that Richard was in this position approval was obtained for the construction of the Snap Lake and Victor Mines. Mr Molyneux retired from DeBeers in May, 2006.

   New Director - Robert Sandford Stewart   --------------------------------------   

The Company also wishes to announce the appointment of Mr. Robert Sandford Stewart to the Board of Directors effective August 19th, 2008.

An Economist, Financier, Chairman and CEO of numerous mining and petroleum companies, Mr. Stewart started his career with Hudson's Bay Mining and Sherritt in the base and precious metal mines in Northern Manitoba. From there he transferred to East, Central and Southern Africa where he financed, developed or sold a number of large mining, petroleum and infrastructure projects with partners Falconbridge, Bechtel, American Mineral Fields, Krupp, Electrowatt, and CDC London. As Chairman of telecom, mining, biotech and natural gas companies, he lived over 30 years in Zurich, London and New York as well as worked with the IFC/World Bank to finance some of the largest projects in Africa. His leadership in writing the Master Plan for the Reconstruction of the DRC remains a major milestone laying out the future of all mining and infrastructure developments for that country.

   Stock Options Granted to Robert Sandford Stewart   ------------------------------------------------   

Under the Company's 2006 Incentive Stock Option Plan, there are 2,971,387� Options available to purchase Common Share of the Company. The Company has previously issued 2,150,000 Options to Directors and Officers.