significant potential for the development of large mineral deposits with the goal of creating world class deposits and maximizing shareholder value.

Ethos is led by a highly experienced management team and board with a number of significant successes to their credit. Ethos was initially formed as a capital pool company by its president, Gary Freeman and completed its IPO in 2007. In August 2009 Ethos completed a qualifying transaction to become a Toronto Venture Exchange listed company by signing an agreement with Cardero Resources to earn 70% interest in two large carbonate replacement projects in Mexico.