Leaf Resources Ltd is an Australia-based company, which is engaged in the commercialization of the natural pine chemical extraction process. The Company’s products include Natural Wood Turpentine and Natural Wood Rosin. It uses a chemical-free, continuous counter flow steam distillation process, extracting turpentine that is immiscible with water and has a high boiling point. Its natural turpentine is then exported out of Australia to customers in large quantities. Its natural rosin is a product of distillation that uses steam. It uses stumps and other parts of the tree, which is considered as a waste product or low-value wood under existing forest management practices. The Company’s wholly owned subsidiaries include Essential Queensland Pty Ltd, AQL Mining Pty Ltd, Farmacule BioIndustries Pty Ltd, Leaf Sciences Pty Ltd, Leaf Research Pty Ltd, Leaf Performance Plan Pty Ltd, Leaf Resources USA, LLC, Leaf Development, LLC USA, Leaf Development LLC and Leaf Malaysia OpCo Sdn. Bhd.