Lowell Resources Funds Management ("LRFM") is the investment manager of the Lowell Resources Fund (LRT.ASX) and operates under the Australian Financial Services Licence (345674). LRFM was appointed as the investment manager of the Fund on 6 January 2004. LRFM operates through an investment committee which concentrates the experience and knowledge of individuals who have direct working experience in the oil & gas and minerals industries, broking, banking and funds management.