Corporate Data - updated February 24, 2005                    Directors

SHARES ISSUED:
FULLY DILUTED:

 26,124,994 Common Shares- Nil Preferred Shares
28,176,280

ESCROW:
Nil

OPTIONS OUTSTANDING:


 
525,000 @ $0.25 to Aug. 27/06
150,000 @ $0.25 to Sept 1/06
750,000 @ $0.25 to Jan. 15/07


WARRANTS OUTSTANDING:

- Regular A
- Regular A



 626,286 @ $0.40 to Feb. 12/066

WORKING CAPITAL DEFICIT:
$ (71,000)

FULLY DILUTED WORKING CAPITAL:

$ 536,000

DIRECTORS & OFFICERS:
 - click here for director profiles


D. Bruce McLeod, President & Director
James Crombie, Director; Ray Antony, Director
Roy Hudson, Director; Stephen Quin, Director and Corporate Secretary

EXCHANGE & SYMBOL:
TSX Venture Exchange: SWM (Tier 2)

CORPORATE DATA:
 INCORPORATION DATE IN B.C.:
 CONTINUATION DATE IN ALTA:
 EXTRA PROVINCIAL
 REGISTRATIONS:
 INCORPORATION NUMBER:
 YEAR END:
 AUTHORIZED CAPITAL:

 CUSIP NO:
 SEDAR PROFILE #:

June 11, 1987
July 20, 2000

Nunavut - June 22, 2001
208896084
November 30
Unlimited number of common shares and unlimited number of preferred shares
82442N 103
00003448
OFFICE ADDRESS: Suite 860 - 625 Howe Street
Vancouver, B.C., V6C 2T6 CANADA
Telephone: (604) 687-7545;
Fax: (604) 689-5041
WEBSITE: http://www.northair.com/sherwood/


The Company advises that while every effort has been made to provide accurate corporate details, the information contained herein is subject to change without notice.

Click here to view corporate documents.

For further information:
Suite 860-625 Howe Street, Vancouver, B.C., Canada V6C 2T6
Telephone: (604) 687-7545   Fax: (604) 689-5041   Toll Free: 1-888-338-2200

E-mail: info@northair.com

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