Under the Plan, the Company has issued one Right for no consideration in respect of each outstanding common share of the Company to all holders of record of common shares at 12:01 a.m., Pacific time , on December 20 , 2012.

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The Rights are attached to the common shares and cannot be exercised until eight trading days after a triggering event has taken place.  A triggering event is one of the following:  (i) an Acquiring Person, as defined in the Plan, acquires 20% or more of the common shares of the Company; or (ii) an Acquiring Person announces his intention to make a take-over bid that would result in the person owning 20% or more of the outstanding common shares of the Company.  Upon such a triggering event occurring, each Right would separate from the common share and thereafter

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entitle the holder to purchase common shares at a 50% discount to the market price, up to the amount of the $25 exercise price of the Right.

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