EXECUTIVE SUMMARY

Northern Minerals & Exploration (“NMEX”) is an emerging publicly traded company. NMEX is an oil & gas exploration company and a hotel & resort development company focused on both domestic and international projects.

Many exciting events have occurred over the past year towards building NMEX.

• Moved from a Memorandum of Understanding to a Joint Venture Agreement for the development of a Hotel & Resort Property on Yucatan Peninsula Mexico
• Created Mexican Subsidiary called Enmex Operaciones to be able to begin Real Estate development projects in Mexico.
• Engaged an award winning Architectural firm to design master plan for a 40 room Boutique Hotel & Resort, Spa & Wellness center in Mexico with 40 luxury villas & 50 high end condos.
• Entered into a Memorandum of Understanding with Labrador Capital SAPI De CV for pursuing real estate development opportunities in the Puerto Morelos area of the Yucatan Peninsula of Mexico.