"A number of our company’s numerous large shareholders would like to have the option to use margin credit to buy more of our company’s shares. Buying of this nature should help to take supply out of the market in our shares, from those wishing to sell at the low prices that now prevail.
If the resolution is passed at our upcoming shareholders meeting, it will take a number of weeks to transition to the new system of exchangeable shares."

Sincerely,
Frank Smeenk
President & CEO