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Amalgamet Agreement The Corporation signed an agency agreement with Amalgamet Canada (“Amalgamet”) in May 2007 in which Almalgamet was appointed exclusive sales agent for the sale of any high-purity alumina produced using clay from the Grande-Vallée deposit, for an initial period of five years, during which Amalgamet will be entitled to a sales commission. The start of this initial period is at the sole discretion of the Corporation after the start of consistent production of high-purity alumina, subject to certain conditions. Smelter-grade alumina is excluded. High-purity alumina products produced using feedstock from any other deposit or from third-party hydroxide are excluded.
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