Jean-Guy Rivard

Richmont Mines, Inc. engages in the exploration, operation, financing and development of mineral properties. The company was founded on February 12, 1981 and is headquartered in Rouyn-Noranda, Canada.

As a gold producer, Louvem Mines Inc. focuses its activities on the development and operation of underground gold mines and on advanced exploration. Louvem holds a 50% interest in the Beaufor Mine, located near Val-d'Or in northwestern Quebec, Canada, where is realized the main part of its activities. The Beaufor Mine is also 50% owned by the parent company, Richmont Mines, which operates the mine. Louvem owns 81% of the Monique property, which is near the Beaufor Mine. Louvem also holds interests in other exploration properties in the area of Val-d'Or, in northwestern Quebec. The common shares of Louvem are listed and posted for trading on the TSX Venture Exchange under the symbol 'LOV'.