Planning for Change
                  The Churchill Option

                        9/21/07




September 2007                           Page 1
A Part of The Broe Group

                 • U.S. multi-billion dollar investment, acquisition,
                   and operational enterprise

                   - Transportation     - Real Estate
                   - Energy             - Strategic Capital

September 2007                                                          Page 2
OmniTRAX, Inc.
                 Largest Privately-Held North American
                 Railway and Transportation Company
                  14 U.S. and 3 Canadian Railroads
                  10 Intermodal Terminal Operations
                  Industrial Switching Operations
                  Third Party Locomotive Service

September 2007                                           Page 3
Hudson Bay Port Company




September 2007                             Page 4
Arctic Bridge – Access Into North America via Churchill
         • The Port of Churchill is
           connected to the North
           American economy.

         • The Port is the northern point
           of the Mid-Continent Trade
           Corridor, stretching from
           Manitoba to Mexico.

         • A market of 90-million people
           are within a 30-hour trucking
           radius of Winnipeg.


September 2007                                     Page 5
September 2007   Page 6
Hudson Bay
                  Railway


September 2007                Page 7
Port Facilities
                     • Berths: Four deep-sea berths
                     • Vessel Size: Panamax Capable

                     • Grain Elevator:
                        – Storage Capacity: 140,000 tonnes
                        – Storage: 82,000 s.f. indoor storage
                           facility

                     • Petroleum Terminal:
                        – Storage for 50 million liters


September 2007                                            Page 8
The Arctic Bridge – Circumpolar View
     The strategic locations
       of Murmansk and
           Churchill.


      The Port of Churchill
         is Canada’s only
       international Arctic
               port.



September 2007                                    Page 9
Product Trade Opportunities
                 •   Urea and Phosphate
                 •   Minerals (Copper and Nickel)
                 •   Refined Petroleum Products
                 •   Scrap Metal
                 •   Other


September 2007                                      Page 10
September 2007   Page 11

Churchhill gateway ogborn

  • 1.
    Planning for Change The Churchill Option 9/21/07 September 2007 Page 1
  • 2.
    A Part ofThe Broe Group • U.S. multi-billion dollar investment, acquisition, and operational enterprise - Transportation - Real Estate - Energy - Strategic Capital September 2007 Page 2
  • 3.
    OmniTRAX, Inc. Largest Privately-Held North American Railway and Transportation Company 14 U.S. and 3 Canadian Railroads 10 Intermodal Terminal Operations Industrial Switching Operations Third Party Locomotive Service September 2007 Page 3
  • 4.
    Hudson Bay PortCompany September 2007 Page 4
  • 5.
    Arctic Bridge –Access Into North America via Churchill • The Port of Churchill is connected to the North American economy. • The Port is the northern point of the Mid-Continent Trade Corridor, stretching from Manitoba to Mexico. • A market of 90-million people are within a 30-hour trucking radius of Winnipeg. September 2007 Page 5
  • 6.
  • 7.
    Hudson Bay Railway September 2007 Page 7
  • 8.
    Port Facilities • Berths: Four deep-sea berths • Vessel Size: Panamax Capable • Grain Elevator: – Storage Capacity: 140,000 tonnes – Storage: 82,000 s.f. indoor storage facility • Petroleum Terminal: – Storage for 50 million liters September 2007 Page 8
  • 9.
    The Arctic Bridge– Circumpolar View The strategic locations of Murmansk and Churchill. The Port of Churchill is Canada’s only international Arctic port. September 2007 Page 9
  • 10.
    Product Trade Opportunities • Urea and Phosphate • Minerals (Copper and Nickel) • Refined Petroleum Products • Scrap Metal • Other September 2007 Page 10
  • 11.