13D Filing: Chan King Yuet and Silver Dragon Resources Inc. (SDRG)

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Page 57 of 70 SEC Filing


20. Lai Chun Hung – $50,000
21. Lau Kam Kwai – $50,000
22. David Lau Man Chu – $50,000
23. Leung Yuet Wah – $54,900
24. Lincoln Wong – $50,000
25. Yau Shu Cheung – $50,000
26. Yam Wai Yee – $26,315
27. Peter Lam Yuk Ho – $5,040,00
28. Bonnio Lee Kwong Chak – $275,759
29. Leung Yuet Ngor – $20,000
30. Mimi Tang Kam Yiu – $20,000
31. Chan Si Wa – $10,000
32. Hsieh Jen Feng – $90,000
33. Lai Cheng Yang – $10,000
34. Lau Wong Bebbie Suet Wa – $10,000
35. Lee Meng Hung – $10,000
36. Annie Hung – $30,000
37. Karina Ng – $70,000
38. Lam Ken – $50,000
39. Joanna Wong – $1,046,452
40. Tang Ching Wan – $82,350
41. Tsang Mun Ting – $3,212,857
42. Kin Chung Cheng and Mei Mei Rebecca Yim (JT TEN) – $53,165
43. Sut Kit Cheng – $79,363
44. Chi Fai Wong – $69,075
45. Mei Mei Rebecca Yim – $37,159
46. Hiroo Mahtani and Maya Mahtani (JT TEN) – $21,000
47. Man Kwon Fong – $399,465
48. David Wung Pok LIU – $84,419
49. Kerry Ka Yan Ng – $17,953

The source of the funds for each of the above were the personal funds of each
individual Reporting Person.

Item 4. Purpose of Transaction

The Reporting Persons purchased the Common Stock based on the belief that such securities, when purchased, were undervalued and represented an
attractive investment opportunity. The purpose of the acquisitions of the Common Stock was for investment, and the acquisitions of the Common Stock were made in the ordinary course of business and were not made for the purpose of acquiring control
of the Issuer.

On September 17, 2012, trading in shares of the Issuer’s Common Stock were suspended by the United States
Securities & Exchange Commission. Subsequent to this date, Ms. Chan King Yuet (“Chan”) and Marc Hazout, the president and chief executive officer of the Issuer, engaged in ongoing discussions regarding Ms. Chan and other
prospective investors known to Ms. Chan providing working capital required by the Issuer. On November 1, 2012, Ms. Chan made a specific proposal to fund the working capital needs of the Issuer until such time as the Issuer became cash
flow positive. The offer was conditioned, among other matters, upon members of the investor group being appointed to a majority of the Issuer’s Board of Directors. On

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