OSC Bulletin

The Ontario Securities Commission

OSC Bulletin

March 17, 2016

Volume 39, Issue 11

(2016), 39 OSCB

The Ontario Securities Commission administers the Securities Act of Ontario (R.S.O. 1990, c. S.5) and the Commodity Futures Act of Ontario (R.S.O. 1990, c. C.20)

The Ontario Securities Commission Published under the authority of the Commission by: Cadillac Fairview Tower Carswell, a Thomson Reuters business 22nd Floor, Box 55 One Corporate Plaza 20 Queen Street West 2075 Kennedy Road Toronto, Ontario Toronto, Ontario M5H 3S8 M1T 3V4

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Table of Contents

Chapter 1 Notices / News Releases ...... 2451 Chapter 11 IPOs, New Issues and Secondary 1.1 Notices ...... (nil) Financings ...... 2641 1.2 Notices of Hearing ...... (nil) 1.3 Notices of Hearing with Related Chapter 12 Registrations ...... 2649 Statements of Allegations ...... 2451 12.1.1 Registrants ...... 2649 1.3.1 Julius Caesar Phillip Vitug – ss. 127, 127.1 ...... 2451 Chapter 13 SROs, Marketplaces, 1.4 News Releases ...... (nil) Clearing Agencies and 1.5 Notices from the Office Trade Repositories ...... 2651 of the Secretary ...... 2454 13.1 SROs ...... 2651 1.5.1 Julius Caesar Phillip Vitug ...... 2454 13.1.1 MFDA – Amendments to MFDA 1.6 Notices from the Office Rule 1.2 (Individual Qualifications) – of the Secretary with Related OSC Staff Notice of Commission Statements of Allegations ...... (nil) Approval ...... 2651 13.2 Marketplaces ...... (nil) Chapter 2 Decisions, Orders and Rulings ...... 2455 13.3 Clearing Agencies ...... (nil) 2.1 Decisions ...... 2455 13.4 Trade Repositories ...... (nil) 2.1.1 St Andrew Goldfields Ltd. – s. 1(10)(a)(ii) ...... 2455 Chapter 25 Other Information ...... (nil) 2.1.2 First Asset CanBanc Split Corp. – s. 1(10)(a)(ii) ...... 2456 Index ...... 2653 2.1.3 TD Asset Management Inc. and TD Corporate Bond Capital Yield Fund ...... 2457 2.2 Orders...... 2460 2.2.1 Celestica Inc. – s. 104(2)(c) ...... 2460 2.2.2 St Andrew Goldfields Ltd. – s. 1(6) of the OBCA ...... 2468 2.2.3 Canadian National Railway Company – s. 104(2)(c) ...... 2470 2.3 Orders with Related Settlement Agreements ...... (nil) 2.4 Rulings ...... (nil)

Chapter 3 Reasons: Decisions, Orders and Rulings ...... 2477 3.1 OSC Decisions ...... (nil) 3.2 Director’s Decisions ...... 2477 3.2.1 Sanjiv Sawh – s. 31 ...... 2477 3.3 Court Decisions ...... (nil)

Chapter 4 Cease Trading Orders ...... 2485 4.1.1 Temporary, Permanent & Rescinding Issuer Cease Trading Orders ...... 2485 4.2.1 Temporary, Permanent & Rescinding Management Cease Trading Orders ...... 2485 4.2.2 Outstanding Management & Insider Cease Trading Orders ...... 2485

Chapter 5 Rules and Policies...... (nil)

Chapter 6 Request for Comments ...... (nil)

Chapter 7 Insider Reporting...... 2487

Chapter 9 Legislation ...... (nil)

March 17, 2016 (2016), 39 OSCB

Chapter 1

Notices / News Releases

1.3 Notices of Hearing with Related Statements of Allegations

1.3.1 Julius Caesar Phillip Vitug – ss. 127, 127.1

IN THE MATTER OF THE SECURITIES ACT, R.S.O. 1990, c. S.5

AND

IN THE MATTER OF JULIUS CAESAR PHILLIP VITUG

NOTICE OF HEARING (Sections 127 and 127.1 of the Securities Act)

TAKE NOTICE that the Ontario Securities Commission (the “Commission”) will hold a hearing pursuant to sections 127 and 127.1 of the Securities Act (the “Act”) at the offices of the Commission located at 20 Queen Street West, 17th Floor, Toronto, Ontario commencing on March 16, 2016 at 2:00 p.m. or as soon thereafter as the hearing can be held;

AND TAKE NOTICE that the purpose of the hearing is for the Commission to consider whether it is in the public interest to approve the Settlement Agreement dated March 11, 2016, between Staff of the Commission and Julius Caesar Phillip Vitug pursuant to sections 127 and 127.1 of the Act, and make such other order as the Commission may consider appropriate;

BY REASON OF the allegations set out in the Statement of Allegations dated March 14, 2016 and such additional allegations as counsel may advise and the Commission may permit;

AND TAKE FURTHER NOTICE that any party to the proceedings may be represented by counsel at the hearing;

AND TAKE FURTHER NOTICE that upon failure of any party to attend at the time and place aforesaid, the hearing may proceed in the absence of that party and such party is not entitled to any further notice of the proceeding;

AND TAKE FURTHER NOTICE that the Notice of Hearing is also available in French, participation may be in either French or English and participants must notify the Secretary’s Office in writing as soon as possible if the participant is requesting a proceeding to be conducted wholly or partly in French;

ET AVIS EST ÉGALEMENT DONNÉ PAR LA PRÉSENTE que l’avis d’audience est disponible en français, que la participation à l’audience peut se faire en français ou en anglais et que les participants doivent aviser le Bureau du secrétaire par écrit le plut tôt possible si le participant demande qu’une instance soit tenue entièrement ou partiellement en français.

DATED at Toronto this 14th day of March, 2016.

“Josée Turcotte” Secretary to the Commission

March 17, 2016 (2016), 39 OSCB 2451

Notices / News Releases

IN THE MATTER OF THE SECURITIES ACT, R.S.O. 1990, c. S.5

AND

IN THE MATTER OF JULIUS CAESAR PHILLIP VITUG

STATEMENT OF ALLEGATIONS OF STAFF OF THE ONTARIO SECURITIES COMMISSION

Staff of the Ontario Securities Commission (“Staff”) make the following allegations:

A. Overview

1. During the period of 2011 to 2014 inclusive (the “Material Time”), the Respondent, Julius Caesar Phillip Vitug (“Vitug”), engaged in the business of trading in securities for Ontario investors, without being registered, contrary to subsection 25(1) of the Securities Act, RSO 1990, c S.5 (the “Act”).

2. Vitug, formerly registered with the Commission, began such trading within one year of the implementation of penalties, imposed on him by a hearing panel of the Investment Industry Regulatory Organization of Canada (“IIROC”). These penalties arose following an IIROC hearing which resulted in findings of misconduct against Vitug involving client accounts and a permanent ban from approval of Vitug in any category under IIROC’s rules.

B. The Respondent

3. Vitug is a resident of Toronto, Ontario and was registered with the Commission in various categories from 1991 to 2010, including: Salesperson for a Mutual Fund Dealer and Limited Market Dealer; and Salesperson, Dealing Representative and Trading Officer for an Investment Dealer.

4. He was also an approved person with IIROC and its predecessor in various categories, including Registered Representative, Portfolio Management, Trading Officer and Branch Manager, between approximately 1996 and 2010.

C. Findings and Penalties of IIROC

5. In a decision dated March 31, 2009, following a hearing by an IIROC panel, IIROC found that Vitug had an undisclosed financial interest and undisclosed financial dealings in certain client accounts in or about 2003 to 2005. Consequently, IIROC found that Vitug engaged in business conduct or practice which was unbecoming or detrimental to the public interest in violation of IIROC By-laws.

6. The penalties imposed by IIROC comprised of a permanent ban on Vitug being approved in any registration category under IIROC’s rules and a fine of $350,000. He was also ordered to pay costs to IIROC of $80,000.

7. The penalties arising from the IIROC decision became effective on August 12, 2010 following an unsuccessful application and appeal by Vitug to overturn the IIROC decision.

D. Business of Trading

8. During the Material Time, Vitug engaged in the business of trading in the securities of Iskander Energy Corp. (“Iskander”). Iskander is an Alberta corporation.

9. Vitug was introduced to the deal whereby he purchased securities on his own behalf and facilitated the trades of approximately 40 Ontario investors.

10. The total amount raised from investors during the Material Time was approximately $10 million. Vitug served as a liaison between the issuer and the investors and in this manner facilitated the trades. He also introduced certain of the investors to the investment.

11. In relation to these trades, Vitug received compensation and directed compensation to three corporations (“Corporations”), of which he was a beneficial owner or in which he was a partner. Such compensation consisted of over $114,000 paid by cheque(s) and securities during the Material Time.

March 17, 2016 (2016), 39 OSCB 2452

Notices / News Releases

12. These Corporations were:

(a) Dardan Bancorp Inc. (“Dardan”), which was incorporated in Ontario on November 4, 2010. Vitug is the president and director of Dardan.

(b) 1082824 Ontario Inc. (“1082824 Ontario”), which was incorporated in Ontario on May 27, 1994. Vitug was the director of 1082824 Ontario. On January 1, 2014, 1082824 Ontario amalgamated with Dardan and they continue under the Dardan name.

(c) Toronto Tree Top Holdings Ltd. (“Toronto Tree Top”), which was incorporated in Ontario on March 25, 2011. Vitug is a director and treasurer and owns 50% of the shares of Toronto Tree Top. The other 50% of the shares is owned by SY (“SY”). Vitug assists SY with many of his businesses and investments, including facilitating trades for Toronto Tree Top using the funds supplied by SY.

E. Breaches of Ontario Securities Law and Conduct Contrary to the Public Interest

13. During the Material Time, contrary to subsection 25(1) of the Act, he engaged in or held himself out as engaging in the business of trading, as described above, without being registered to do so and in circumstances in which there was no exemption under Ontario securities law from the requirement to comply with subsection 25(1) of the Act.

14. Vitug’s conduct was contrary to the public interest and harmful to the integrity of the capital markets of Ontario.

15. Staff reserve the right to make such other allegations as Staff may advise and the Commission may permit.

DATED at Toronto, March 14, 2016.

March 17, 2016 (2016), 39 OSCB 2453

Notices / News Releases

1.5 Notices from the Office of the Secretary

1.5.1 Julius Caesar Phillip Vitug

FOR IMMEDIATE RELEASE March 14, 2016

IN THE MATTER OF THE SECURITIES ACT, R.S.O. 1990, c. S.5, AS AMENDED

AND

N THE MATTER OF JULIUS CAESAR PHILLIP VITUG

TORONTO – The Office of the Secretary issued a Notice of Hearing for a hearing to consider whether it is in the public interest to approve a settlement agreement entered into by Staff of the Commission and Julius Caesar Phillip Vitug.

The hearing will be held on March 16, 2016 at 2:00 p.m. or as soon thereafter as the hearing can be held, on the 17th floor of the Commission’s offices located at 20 Queen Street West, Toronto.

A copy of the Notice of Hearing dated March 14, 2016 and Statement of Allegations of Staff of the Ontario Securities Commission dated March 14, 2016 are available at www.osc.gov.on.ca.

OFFICE OF THE SECRETARY JOSÉE TURCOTTE SECRETARY

For media inquiries:

[email protected]

For investor inquiries:

OSC Contact Centre 416-593-8314 1-877-785-1555 (Toll Free)

March 17, 2016 (2016), 39 OSCB 2454

Chapter 2

Decisions, Orders and Rulings

2.1 Decisions

2.1.1 St Andrew Goldfields Ltd. – s. 1(10)(a)(ii)

Headnote

National Policy 11-203 Process for Exemptive Relief Applications in Multiple Jurisdictions – Issuer deemed to no longer be a reporting issuer under securities legislation.

Applicable Legislative Provisions

Securities Act, R.S.O. 1990, c. S.5, as am., s. 1(10)(a)(ii).

February 18, 2016

St Andrew Goldfields Ltd. 20 Adelaide Street East, Suite 1500 Toronto, Ontario M5C 2T6

Dear Sirs/Mesdames:

Re: St Andrew Goldfields Ltd. (the Applicant) – application for a decision under the securities legislation of Alberta, Manitoba, Ontario, Saskatchewan (the Jurisdictions) that the Applicant is not a reporting issuer

The Applicant has applied to the local securities regulatory authority or regulator (the Decision Maker) in each of the Jurisdictions for a decision under the securities legislation (the Legislation) of the Jurisdictions that the Applicant is not a reporting issuer.

In this decision, “securityholder” means, for a security, the beneficial owner of the security.

The Applicant has represented to the Decision Makers that:

(a) the outstanding securities of the Applicant, including debt securities, are beneficially owned, directly or indirectly, by fewer than 15 securityholders in each of the jurisdictions of Canada and fewer than 51 securityholders in total worldwide;

(b) no securities of the Applicant, including debt securities, are traded in Canada or another country on a marketplace as defined in National Instrument 21-101 Marketplace Operation or any other facility for bringing together buyers and sellers of securities where trading data is publicly reported;

(c) the Applicant is applying for a decision that it is not a reporting issuer in all of the jurisdictions of Canada in which it is currently a reporting issuer; and

(d) the Applicant is not in default of any of its obligations under the Legislation as a reporting issuer.

Each of the Decision Makers is satisfied that the test contained in the Legislation that provides the Decision Maker with the jurisdiction to make the decision has been met and orders that the Applicant is not a reporting issuer.

“Sonny Randhawa” Manager, Corporate Finance Ontario Securities Commission

March 17, 2016 (2016), 39 OSCB 2455

Decisions, Orders and Rulings

2.1.2 First Asset CanBanc Split Corp. – s. 1(10)(a)(ii)

Headnote

National Policy 11-203 Process for Exemptive Relief Applications in Multiple Jurisdictions – Issuer deemed to no longer be a reporting issuer under securities legislation.

Applicable Legislative Provisions

Securities Act, R.S.O. 1990, c. S.5, as am., s. 1(10)(a)(ii).

March 9, 2016

First Asset CanBanc Split Corp. c/o Blake, Cassels & Graydon LLP 199 Bay Street Suite 4000, Commerce Court West Toronto, ON M5L 1A9

Dear Sirs/Mesdames:

Re: First Asset CanBanc Split Corp. (the “Applicant”)

Application for a decision under the securities legislation of Ontario, Nova Scotia, Alberta, Prince Edward Island, Manitoba, Quebec, New Brunswick, Saskatchewan, Newfoundland and Labrador, Northwest Territories, Yukon and Nunavut (the “Jurisdictions”) that the Applicant is not a reporting issuer

In this decision, “security holder” means, for a security, the beneficial owner of the security.

The Applicant has represented to the Decision Makers that:

(a) the outstanding securities of the Applicant, including debt securities, are beneficially owned, directly or indirectly, by fewer than 15 security holders in each of the jurisdictions of Canada and fewer than 51 security holders in total worldwide;

(c) the Applicant is applying for a decision that it is not a reporting issuer in all of the jurisdictions in Canada in which it is currently a reporting issuer; and

(d) the Applicant is not in default of any of its obligations under the Legislation as a reporting issuer.

“Darren McKall” Manager, Investment Funds and Structured Products Branch Ontario Securities Commission

March 17, 2016 (2016), 39 OSCB 2456

Decisions, Orders and Rulings

2.1.3 TD Asset Management Inc. and TD Corporate Bond Capital Yield Fund

Headnote

National Policy 11-203 Process for Exemptive Relief Applications in Multiple Jurisdictions – investment fund manager obtaining relief from the requirement to obtain the approval of securityholders before changing the fundamental investment objective of certain funds – relief required as a result of changes to federal budget eliminating certain tax benefits associated with character conversion transactions – Filer required to send written notice at least 60 days before the effective date of the change to the investment objective of the funds setting out the change, the reasons for such change and a statement that the funds will no longer distribute gains under forward contracts that are treated as capital gains for tax purposes – National Instrument 81-102 Investment Funds.

Applicable Legislative Provisions

National Instrument 81-102 Investment Funds, ss. 5.1(1)(c), 19.1.

February 19, 2016

IN THE MATTER OF THE SECURITIES LEGISLATION OF ONTARIO (the Jurisdiction)

AND

IN THE MATTER OF THE PROCESS FOR EXEMPTIVE RELIEF APPLICATIONS IN MULTIPLE JURISDICTIONS

AND

IN THE MATTER OF TD ASSET MANAGEMENT INC. (the Filer)

AND

IN THE MATTER OF TD CORPORATE BOND CAPITAL YIELD FUND (the Fund)

DECISION

Background

The principal regulator in the Jurisdiction has received an application from the Filer on behalf of the Fund for a decision under the securities legislation of the Jurisdiction of the principal regulator (the “Legislation”) exempting the Fund from the requirement in subsection 5.1(1) (c) of National Instrument 81-102 Investment Funds (“NI 81-102”) to obtain the approval of securityholders before changing the fundamental investment objectives of the Fund (the “Exemption Sought”).

Under the Process for Exemptive Relief Applications in Multiple Jurisdictions (for a passport application):

(a) the Ontario Securities Commission is the principal regulator for this application;

and

(b) the Filer has provided notice that section 4.7(1) of Multilateral Instrument 11-102 Passport System (“MI 11- 102”) is intended to be relied upon in British Columbia, Alberta, Saskatchewan, Manitoba, Québec, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador, the Northwest Territories, Nunavut and Yukon (together with Ontario, the “Jurisdictions”).

March 17, 2016 (2016), 39 OSCB 2457

Decisions, Orders and Rulings

Interpretation

Terms defined in NI 81-102, National Instrument 14-101 Definitions, and MI 11-102 have the same meaning if used in this decision, unless otherwise defined. The following additional term shall have the following meaning:

“Reference Fund” means TD Corporate Bond Pool.

Representations

This decision is based on the following facts represented by the Filer:

1. The Filer is a wholly-owned subsidiary of The Toronto-Dominion Bank and is registered under the Securities Act (Ontario) in the categories of investment fund manager, portfolio manager, exempt market dealer and, under the Commodity Futures Act (Ontario), in the category of commodity trading manager. The Filer’s head office is located in Toronto, Ontario.

2. The Filer is the trustee, investment fund manager and portfolio manager of the Fund and the Reference Fund.

3. None of the Filer, the Fund or the Reference Fund is in default of securities legislation in any Jurisdiction.

4. The Fund and the Reference Fund are subject to the requirements of NI 81-102 and National Instrument 81-107 Independent Review Committee for Investment Funds, subject to any exemptions therefrom that may be available under applicable securities legislation or granted by the securities regulatory authorities.

5. The securities of the Fund are qualified for distribution pursuant to a simplified prospectus, annual information form and Fund Facts dated July 23, 2015 that was prepared and filed in accordance with the securities legislation of the Jurisdictions. The securities of the Reference Fund were qualified for distribution pursuant to a simplified prospectus, annual information form and Fund Facts dated July 27, 2011 prepared and filed in accordance with the securities legislation of the Jurisdictions. The Fund and the Reference Fund are reporting issuers or the equivalent in each Jurisdiction.

6. The current investment objectives of the Fund are to generate cash flow primarily through exposure to a pool that invests primarily in North American and/or international corporate bonds and other debt instruments (collectively, “Corporate Bonds”). The Fund gains exposure to Corporate Bonds by investing in Canadian equity securities and entering into forward contracts (the “Forwards”) under which the Fund agrees to sell the equity securities in return for a price determined by reference to the value of a notional investment in units of the Reference Fund, less costs of the contract (the “Character Conversion Transactions”).

7. The Income Tax Act (Canada) (the “Tax Act”) has been amended following the Federal Minister of Finance’s budget proposal first introduced on March 21, 2013. The amendments to the Tax Act have eliminated the tax benefits associated with Character Conversion Transactions (the “Tax Changes”). The Tax Changes apply to Character Conversion Transactions entered into or amended after March 20, 2013.

8. On April 3, 2013, the Filer issued a press release announcing the temporary closing of the Fund to new investment effective on April 5, 2013. The Fund remains closed to new investors. The Filer intends that the Fund be re-opened to new purchases on or about the effective date of the amendments to the investment objectives.

9. In response to the Tax Changes the Filer wishes to change the fundamental investment objectives of the Fund (the “Objectives Changes”). In conjunction with the Objectives Changes, the Filer also wishes to change the name of the Fund and amend the investment strategies of the Fund in order to remove references to the Character Conversion Transactions and to make them consistent with the revised fundamental investment objectives.

10. The final forward contract matures on September 6, 2016. The existing fundamental investment objectives of the Fund are expected to continue in effect until on or about August 31, 2016 and the Objectives Changes will take effect on or about September 1, 2016 (the “Effective Date”).

11. The existing investment objectives of the Fund as stated in the current prospectus for the Fund and the proposed new fund name and investment objectives are set out in the table below:

March 17, 2016 (2016), 39 OSCB 2458

Decisions, Orders and Rulings

Existing name and Proposed new name and fundamental investment objectives fundamental investment objectives

TD Corporate Bond Capital Yield Fund TD Corporate Bond Plus Fund

The fundamental investment objective is to generate The fundamental investment objective is to seek to earn cash flow primarily through exposure to a pool that income by primarily investing in, or gaining exposure to invests primarily in North American and/or international North American and/or international corporate bonds and corporate bonds and other debt instruments other debt instruments (collectively, “corporate bonds”). (collectively, “corporate bonds”). Corporate bonds Corporate bonds include those which are issued and/or include those which are issued and/or guaranteed by a guaranteed by a corporation, a limited partnership, a trust, corporation, a limited partnership, a trust, a special a special purpose entity, a company which has not been purpose entity, a company which has not been incorporated, and educational institutions. incorporated, and educational institutions. Unless a change is required because of changes in the Unless a change is required because of changes in the law, the fundamental investment objective may only be law, the fundamental investment objective may only be changed with the approval of a majority of unitholders, changed with the approval of a majority of unitholders, given at a meeting called for that purpose. given at a meeting called for that purpose.

12. The Filer wishes to effect an amendment (the “Amendment”) to the investment objectives and investment strategies of the Fund whereby:

(a) all references to the use of Character Conversion Transactions will be removed;

and

(b) the Fund will be permitted to directly invest its assets in, or gain exposure to, Corporate Bonds.

13. The Amendment would take effect no less than 60-days after the Filer delivers a written notice to the Fund’s securityholders (the “Notice”). The Notice will provide the rationale for the changes, and a statement that the Fund will no longer be able to provide tax-advantaged returns after the final Forwards have matured.

14. With respect to the Fund, the Filer will comply with the “material change report” requirements set out in Part 11 of National Instrument 81-106 Investment Fund Continuous Disclosure in connection with the Filer’s decision to make the Objectives Changes.

15. Securityholders may redeem their securities in advance of the Objectives Changes should they wish to do so.

16. The Filer submits that it is not prejudicial, nor contrary to the public interest to grant the Exemption Sought in the circumstances as represented above.

Decision

The principal regulator is satisfied that the decision meets the test set out in the Legislation for the principal regulator to make the decision.

The decision of the principal regulator under the Legislation is that the Exemption Sought is granted, provided that, in respect of the Fund, securityholders will be sent the Notice, at least 60 days before the Effective Date, that sets out the change to the investment objectives, the reasons for such change and a statement that the Fund will no longer be able to provide tax advantaged returns after the final Forwards have matured.

“Darren McKall” Manager Investment Funds and Structured Products Branch Ontario Securities Commission

March 17, 2016 (2016), 39 OSCB 2459

Decisions, Orders and Rulings

2.2 Orders

2.2.1 Celestica Inc. – s. 104(2)(c)

Headnote

Subsection 104(2)(c) of the Act – Issuer bid – relief from issuer bid requirements in sections 94 to 94.8 and 97 to 98.7 of the Act – Issuer proposes to purchase up to an agreed number of its securities from a third party purchasing as principal pursuant to one or more program share repurchases during its normal course issuer bid – the Issuer initiates a program share repurchase by providing the third party with an agreed upon sum – the Issuer will acquire the securities at the completion of the term of each program for a purchase price per share equal to the arithmetic average of the daily volume-weighted average price of the securities over that period less a predetermined discount – when the securities are delivered to the Issuer, the purchase price attributable per security may not be between the “bid” and “ask” prices for the securities on the TSX, in which case they could not be made through the TSX trading system in accordance with TSX rules and in reliance upon the statutory issuer bid exemption available under section 101.2 of the Act – no adverse economic impact on, or prejudice to, the Issuer or public security holders – acquisition of securities exempt from the issuer bid requirements in sections 94 to 94.8 and 97 to 98.7 of the Act, subject to a number of conditions, including that the third party purchasing as principal comply, adhere and be subject to, the rules applicable to normal course issuer bids.

Statutes Cited

Securities Act, R.S.O. 1990, c. S.5, as am., ss. 94 to 94.8, 97 to 98.7, 104(2)(c).

IN THE MATTER OF THE SECURITIES ACT, R.S.O. 1990, c. S.5, AS AMENDED

AND

IN THE MATTER OF CELESTICA INC.

ORDER (Section 104(2)(c))

UPON the application (the “Application”) of Celestica Inc. (the “Applicant”) to the Ontario Securities Commission (the “Commission”) for an order pursuant to section 104(2)(c) of the Securities Act (Ontario) (the “Act”) exempting the Applicant from the requirements of sections 94 to 94.8 of the Act, inclusive, and sections 97 to 98.7, inclusive, of the Act (the “Issuer Bid Requirements”) in respect of the proposed purchase or purchases by the Applicant of Purchased Shares (as defined below) from Citibank, N.A. (“Canada Branch”) pursuant to one or more program share repurchases (each, a “PSR”) during the 2016 NCIB (as defined below);

AND UPON considering the Application and the recommendation of staff of the Commission;

AND UPON the Applicant (and Canada Branch in respect of paragraphs 7, 8, 17 to 28, inclusive, 31, 36, 37 and 38 as they relate to Canada Branch and its agents) having represented to the Commission that:

1. The Applicant is a corporation governed by the Business Corporations Act (Ontario).

2. The head office of the Applicant is located in Toronto, Ontario.

3. The authorized share capital of the Applicant consists of an unlimited number of subordinate voting shares (the “Subordinate Voting Shares”), an unlimited number of multiple voting shares (the “Multiple Voting Shares”), and an unlimited number of preferred shares, issuable in series. Holders of Subordinate Voting Shares are entitled to one vote per Subordinate Voting Share. Holders of Multiple Voting Shares are entitled to 25 votes per Multiple Voting Share. As at February 9, 2016, the Applicant had 124,526,576 Subordinate Voting Shares, 18,946,368 Multiple Voting Shares and no preferred shares issued and outstanding.

4. The Applicant is a reporting issuer in all of the provinces and territories of Canada (the “Jurisdictions”) and the Subordinate Voting Shares are listed for trading on the Toronto Stock Exchange (the “TSX”) and the New York Stock Exchange (the “NYSE”) under the symbol “CLS”. The Applicant is not in default of any requirement of the securities legislation of the Jurisdictions.

March 17, 2016 (2016), 39 OSCB 2460

Decisions, Orders and Rulings

5. To the best of the Applicant’s knowledge, the “public float” (calculated in accordance with the TSX Rules (as defined below)) for the Subordinate Voting Shares as at February 9, 2016 consisted of 105,106,804 Subordinate Voting Shares.

6. The Subordinate Voting Shares are “highly liquid securities”, as that term is defined in section 1.1 of OSC Rule 48-501 Trading during Distributions, Formal Bids and Share Exchange Transactions (“OSC Rule 48-501”) and section 1.1 of the Universal Market Integrity Rules (“UMIR”).

7. Canada Branch is a full service foreign bank branch of Citibank, N.A. (“CBNA”) under the Bank Act (Canada) (the “Bank Act”). Canada Branch has its principal office located in Toronto, Ontario.

8. CBNA is a national banking association, chartered and existing under the laws of the United States of America (the “U.S.”). CBNA is an authorized foreign bank under Part XII.I of the Bank Act that is listed in Schedule III to the Bank Act. CBNA’s head office is located in New York, New York, U.S.

9. On February 22, 2016, the Applicant announced that it is engaging in a normal course issuer bid (the “2016 NCIB”) for up to 10,510,680 Subordinate Voting Shares, representing approximately 10.0% of the Applicant’s public float of Subordinate Voting Shares as of the date specified in the Notice of Intention to Make a Normal Course Issuer Bid (the “Notice”) that was submitted to, and accepted by, the TSX. The Notice specifies that purchases under the 2016 NCIB will be conducted through the facilities of the TSX, the NYSE, and any alternative trading systems in Canada or as otherwise permitted by the TSX, in accordance with sections 628 to 629.3 of Part VI of the TSX Company Manual (the “TSX Rules”).

10. Purchases through the facilities of the TSX under the 2016 NCIB are being conducted in reliance upon the exemption from the Issuer Bid Requirements set out in section 101.2(1) of the Act and its equivalent in the securities legislation of the other Jurisdictions (the “Designated Exchange Exemption”).

11. Purchases through the facilities of the NYSE and alternative trading systems in Canada (collectively with the NYSE, the “Other Published Markets”) under the 2016 NCIB are being conducted in reliance upon the exemption from the Issuer Bid Requirements set out in section 101.2(2) of the Act and its equivalent in the securities legislation of the other Jurisdictions (the “Other Published Markets Exemption”).

12. Pursuant to the TSX Rules, the Applicant has appointed a broker to make purchases on its behalf for the purposes of its 2016 NCIB (the “Responsible Broker”).

13. The maximum number of Subordinate Voting Shares that the Applicant is permitted to repurchase under the 2016 NCIB, being 10,510,680 Subordinate Voting Shares, will be reduced by the number of Subordinate Voting Shares purchased from time to time (a) by any non-independent purchasing agent (a “Plan Trustee”) to fulfill requirements for the delivery of Subordinate Voting Shares under the Applicant’s security-based compensation plans (such purchases, the “Plan Trustee Purchases”), and (b) under automatic securities purchase plans established by the Applicant.

14. The Applicant proposes to participate in one or more PSRs during its 2016 NCIB, each of which will be governed by, and conducted in accordance with, the terms and conditions of a Program Share Repurchase Agreement (each, a “PSR Agreement”) that will be entered into between the Applicant and Canada Branch prior to the commencement of each PSR and copies of which will be delivered by the Applicant to the Commission promptly thereafter. No PSR Agreements will be entered into during a time when the Applicant would not be permitted to trade in its securities, including regularly scheduled quarterly blackout periods.

15. The Applicant is of the view that it will be able to purchase the Purchased Shares at a lower price than the price at which it would be able to purchase an equivalent quantity of Subordinate Voting Shares under the 2016 NCIB in reliance on the Designated Exchange Exemption and the Other Published Markets Exemption, and the Applicant is of the view that the purchase of the Purchased Shares pursuant to each PSR is in the best interests of the Applicant and constitutes a desirable use of the Applicant’s funds.

16. The Applicant has filed an amended Notice (the “Amended Notice”) and a press release (the “Press Release”) with the TSX, in each case, describing the material features of the PSRs and disclosing the Applicant’s intention to participate in one or more PSRs during the 2016 NCIB. Once the Amended Notice and Press Release have been accepted by the TSX, the Applicant will issue the Press Release at least two clear trading days prior to the commencement of the first PSR under the 2016 NCIB. Each PSR will be an “automatic securities purchase plan” as defined in National Instrument 55-104 Insider Reporting Requirements and Exemptions and each PSR Agreement will be cleared by the Applicant with the TSX as such.

March 17, 2016 (2016), 39 OSCB 2461

Decisions, Orders and Rulings

17. Pursuant to each PSR Agreement, the Applicant will initiate a PSR by providing Canada Branch with an amount of money that is to be negotiated and agreed upon by the Applicant and Canada Branch (the “Program Amount”) following which Canada Branch will acquire Subordinate Voting Shares for its own account.

18. Canada Branch will retain the services of ITG Canada Corp. (“ITG Canada”) to acquire Subordinate Voting Shares on its behalf through the facilities of both the TSX and on the Other Published Markets. All Subordinate Voting Shares that are acquired on Other Published Markets in the U.S. will be acquired by ITG Canada through ITG Inc. (“ITG”), which will act as agent for ITG Canada in respect of all such trading activity.

19. ITG Canada is registered as an investment dealer under the securities legislation of British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Québec, Nova Scotia and New Brunswick. It is also registered as a futures commission merchant under the Commodity Futures Act (Ontario), as a derivatives dealer under the Derivatives Act (Québec) and as dealer (futures commission merchant) under The Commodity Futures Act (Manitoba). ITG Canada is a member of the Investment Industry Regulatory Organization of Canada (“IIROC”) and is a participating organization or member of the TSX, TSX Venture Exchange and Canadian Securities Exchange. ITG Canada’s head office is located in Toronto, Ontario.

20. ITG is an affiliate of ITG Canada and an indirect wholly-owned subsidiary of the ultimate parent of ITG Canada. ITG carries on business as a broker-dealer in the U.S, is registered as a broker-dealer with the U.S. Securities and Exchange Commission and is a member of the Financial Industry Regulatory Authority. ITG’s head office is located in New York, New York, U.S.

21. Each PSR Agreement will provide that all Subordinate Voting Shares that are acquired by, or on behalf of, Canada Branch pursuant to the applicable PSR, including in connection with any hedging activities of Canada Branch, must be acquired by, or on behalf of, Canada Branch, during the PSR Term (as defined below) in accordance with the TSX Rules and any by-laws, rules, regulations or policies of any Other Published Markets upon which purchases are carried out and any applicable securities laws of the jurisdiction governing such Other Published Markets (collectively, the “NCIB Rules”) that are otherwise applicable to the 2016 NCIB, including TSX Staff Notice 2012-030 dated June 8, 2012, provided that:

(a) the aggregate gross number of Subordinate Voting Shares that may be acquired by, or on behalf of, Canada Branch pursuant to the applicable PSR, including in connection with any hedging activities of Canada Branch, shall not be bound by the maximum annual aggregate limits imposed upon the 2016 NCIB in accordance with the NCIB Rules; and

(b) the aggregate gross number of Subordinate Voting Shares that may be acquired on the TSX and all Other Published Markets on any trading day by, or on behalf of, Canada Branch pursuant to the applicable PSR, including in connection with any hedging activities of Canada Branch, may not exceed the maximum daily limit imposed upon the 2016 NCIB pursuant to the TSX Rules, determined with reference to an average daily trading volume that is based on the trading volume of the Subordinate Voting Shares on the TSX and all Other Published Markets in Canada rather than being limited to the trading volume on the TSX only (the “Modified Maximum Daily Limit”), provided that Canada Branch may rely on the block purchase exception provided for in the TSX Rules.

22. Each PSR Agreement will provide that the aggregate gross number of Subordinate Voting Shares that may be sold on the TSX and all Other Published Markets on any trading day by, or on behalf of, Canada Branch pursuant to the applicable PSR, including in connection with any hedging activities of Canada Branch, may not exceed the Modified Maximum Daily Limit.

23. Each PSR Agreement will provide that all Subordinate Voting Shares acquired by, or on behalf of, Canada Branch pursuant to the applicable PSR will not be voted in respect of any matters on which a holder of a Subordinate Voting Share is entitled to vote.

24. Each PSR Agreement will prohibit Canada Branch from delivering a number of Purchased Shares purchased by, or on behalf of, Canada Branch on the Other Published Markets which exceeds a predetermined quantity of Subordinate Voting Shares, which quantity will be equal to or less than, the lesser of (a) the number of Subordinate Voting Shares remaining eligible for purchase pursuant to the Other Published Markets Exemption, calculated as at the date of the relevant PSR Agreement, and (b) the Maximum Number of Shares (as defined below).

25. Each PSR Agreement will (a) prohibit the Applicant from purchasing any Subordinate Voting Shares, (b) require the Applicant to prohibit the Responsible Broker from acquiring any Subordinate Voting Shares on behalf of the Applicant, (c) require the Applicant to prohibit the Plan Trustee from undertaking any Plan Trustee Purchases, and (d) require the Applicant to prohibit any broker appointed under any automatic securities purchase plan of the Applicant from acquiring

March 17, 2016 (2016), 39 OSCB 2462

Decisions, Orders and Rulings

any Subordinate Voting Shares on behalf of the Applicant, in each case, during the conduct of the applicable PSR by Canada Branch, ITG Canada and ITG.

26. Each PSR will have a term that will be negotiated and agreed upon by the Applicant and Canada Branch (the “PSR Term”) in the applicable PSR Agreement.

27. Pursuant to the applicable PSR Agreement, upon the completion of a PSR, Canada Branch will be required to deliver a number of Subordinate Voting Shares to the Applicant that is equal to the lesser of the following (such delivered number of Subordinate Voting Shares, the “Purchased Shares”):

(a) the number of Subordinate Voting Shares (the “Program Number of Shares”) that is equal to the Program Amount divided by the arithmetic average of the daily volume-weighted average price (“VWAP”) of the Subordinate Voting Shares during the PSR Term less a discount (such discounted price, the “Discounted VWAP”) to be negotiated and agreed upon by the Applicant and Canada Branch;

(b) a predetermined quantity of Subordinate Voting Shares (the “Maximum Number of Shares”) which will be equal to, or less than, the maximum number of Subordinate Voting Shares that the Applicant is entitled to acquire prior to the completion of the 2016 NCIB in accordance with the NCIB Rules, calculated as at the date of the commencement of the PSR Term; and

(c) the number of Subordinate Voting Shares that have actually been acquired by, or on behalf of, Canada Branch (the “Acquired Number of Shares”) upon the occurrence of an early termination event or an event of default pursuant to the PSR Agreement.

28. Each PSR will conclude upon the first to occur of the following events:

(a) delivery by Canada Branch of the lesser of the Program Number of Shares and the Maximum Number of Shares at the end of the PSR Term;

(b) delivery by Canada Branch of the lesser of the Program Number of Shares and the Maximum Number of Shares, following notification to the Applicant of Canada Branch’s intention to effect such delivery and terminate the PSR, in accordance with the applicable PSR Agreement, prior to the end of the PSR Term; or

(c) delivery by Canada Branch of the lesser of the Acquired Number of Shares and the Maximum Number of Shares, upon the occurrence of an early termination event or an event of default pursuant to the applicable PSR Agreement.

29. The purchase price attributable by the Applicant for, as applicable, the Program Number of Shares or the Maximum Number of Shares that are delivered by Canada Branch in the manner contemplated by subparagraphs 28(a) and 28(b) hereof will be the Discounted VWAP per Subordinate Voting Share.

30. The purchase price attributable by the Applicant for, as applicable, the Acquired Number of Shares or the Maximum Number of Shares that are delivered by Canada Branch in the manner contemplated by subparagraph 28(c) hereof will be the VWAP per Subordinate Voting Share.

31. Pursuant to each PSR Agreement, if there is any Program Amount remaining following delivery of, as applicable, the Maximum Number of Shares or the Acquired Number of Shares from Canada Branch to the Applicant (the “Remaining Program Amount”), Canada Branch will deliver the Remaining Program Amount to the Applicant.

32. Immediately following its receipt of the Purchased Shares from Canada Branch following the completion of each PSR, the Applicant will (a) report the acquisition of the Purchased Shares to the TSX and the Commission, and (b) issue a press release disclosing, among other things, the number of Purchased Shares acquired by it pursuant to the PSR and the purchase price paid for the Purchased Shares.

33. Each Purchased Share will be cancelled upon delivery to the Applicant.

34. Although it would be possible for the transfer of the Purchased Shares to the Applicant to be conducted as a block trade pursuant to the 2016 NCIB if the Discounted VWAP or VWAP, as the case may be, for the Purchased Shares is between the ‘bid’ and ‘ask’ prices for the Subordinate Voting Shares at the time the Purchased Shares are delivered to the Applicant by Canada Branch following the completion of a PSR, this outcome is uncertain at the time that the PSR begins. In any event, because the Applicant’s acquisition of the Purchased Shares is funded by the Applicant’s advance of the Program Amount to Canada Branch prior to the commencement of the PSR, the transfer of the

March 17, 2016 (2016), 39 OSCB 2463

Decisions, Orders and Rulings

Purchased Shares to the Applicant by Canada Branch will not be conducted with reference to the then-current market price of the Subordinate Voting Shares and will not be representative of market forces.

35. The entering into of each PSR Agreement, the purchase of the Purchased Shares by Canada Branch and the delivery of the Purchased Shares to the Applicant will not adversely affect the Applicant or the rights of any of the Applicant’s security holders and will not materially affect control of the Applicant.

36. Canada Branch is at arm’s length to the Applicant and has advised the Applicant that CBNA does not beneficially own, either directly or indirectly, any Subordinate Voting Shares.

37. At the time that the Applicant and Canada Branch enter into a PSR Agreement, neither of them will have knowledge of a “material fact” or “material change”, as such terms are defined in the Act, with respect to the Applicant or the Subordinate Voting Shares that has not been generally disclosed (the “Undisclosed Information”), and the PSR Agreement will include a representation in respect of same.

38. Canada Branch has established policies and procedures designed to ensure that the conduct of each PSR will be in accordance with, among other things, the applicable PSR Agreement and to preclude those persons responsible for administering the PSR from acquiring any Undisclosed Information during the conduct of a PSR. Canada Branch will enter into a related agreement with ITG Canada (the “ITG Agreement”) requiring ITG Canada to, among other things, establish and maintain, and cause ITG to establish and maintain, similar policies and procedures to ensure compliance with this Order when acquiring Subordinate Voting Shares on behalf of Canada Branch during a PSR.

AND UPON the Commission being satisfied that to do so would not be prejudicial to the public interest;

IT IS ORDERED pursuant to section 104(2)(c) of the Act that the Applicant be exempt from the Issuer Bid Requirements in respect of the entering into of each PSR Agreement, and in respect of the delivery of the Purchased Shares by Canada Branch to the Applicant pursuant to each PSR conducted during the 2016 NCIB, provided that:

(a) the Applicant may not participate in multiple PSRs at the same time;

(b) at least two clear trading days prior to the commencement of the first PSR under the 2016 NCIB, and after the Amended Notice has been accepted by the TSX, the Applicant will issue the Press Release, which describes, among other things, the material features of the PSRs and the Applicant’s intention to participate in one or more PSRs during the 2016 NCIB;

(c) each PSR Agreement and the ITG Agreement will require Canada Branch, ITG Canada and ITG, respectively, to abide by the NCIB Rules applicable to the 2016 NCIB, including TSX Staff Notice 2012-030 dated June 8, 2012, when acquiring Subordinate Voting Shares for, and on behalf of, Canada Branch pursuant to the applicable PSR, including in connection with any hedging activities, subject to paragraph 21 hereof;

(d) each PSR Agreement will provide that the aggregate gross number of Subordinate Voting Shares that may be sold on the TSX and all Other Published Markets on any trading day by, or on behalf of, Canada Branch pursuant to the applicable PSR, including in connection with any hedging activities, may not exceed the Modified Maximum Daily Limit;

(e) each PSR Agreement will require Canada Branch to maintain records that contain the information set out in Schedule “A” to this Order (the “PSR Records”), for a period of five (5) years following the completion of the applicable PSR;

(f) within 30 days of the completion of each PSR conducted pursuant to this Order, the Applicant will deliver, or cause to be delivered, a summary, in a manner and form acceptable to the Commission, containing the information set out in Schedule “A” to this Order (the “PSR Summary”) to the Commission;

(g) a satisfactory finding following the completion of a review of the PSR Summary by the Commission is a condition precedent to the grant of subsequent exemption orders from the Issuer Bid Requirements for the conduct of PSRs;

(h) the Applicant shall promptly provide, or direct the provision of, all or any portion of the PSR Records that may be requested by the Commission and/or IIROC from time to time;

(i) the Purchased Shares will be taken into account by the Applicant when calculating the maximum annual aggregate limits that are imposed upon the 2016 NCIB in accordance with the TSX Rules and those Purchased Shares that were purchased by or on behalf of Canada Branch on the Other Published Markets

March 17, 2016 (2016), 39 OSCB 2464

Decisions, Orders and Rulings

will be taken into account by the Applicant when calculating the maximum aggregate limits that are imposed upon the Applicant in accordance with the Other Published Markets Exemption;

(j) each PSR Agreement will (i) prohibit the Applicant from purchasing any Subordinate Voting Shares, (ii) require the Applicant to prohibit the Responsible Broker from acquiring any Subordinate Voting Shares on behalf of the Applicant, and (iii) require the Applicant to prohibit the Plan Trustee from undertaking any Plan Trustee Purchases, and (iv) require the Applicant to prohibit any broker appointed under any automatic securities purchase plan of the Applicant from acquiring any Subordinate Voting Shares on behalf of the Applicant, in each case, during the conduct of the PSR by Canada Branch, ITG Canada and ITG;

(k) the Applicant will refrain from conducting a block trade in accordance with the TSX Rules during the calendar week it completes each acquisition of Purchased Shares and may not make any further purchases pursuant to the 2016 NCIB for the remainder of the calendar day on which it completes an acquisition of Purchased Shares;

(l) each purchase made by or on behalf of Canada Branch through the facilities of the TSX or on an Other Published Market in Canada, pursuant to each PSR, shall be marked with such designation as would be required by the applicable marketplace and UMIR for a trade made by an agent on behalf the Applicant;

(m) at the time each PSR Agreement is entered into by the Applicant and Canada Branch, the Subordinate Voting Shares must be “highly liquid securities”, as that term is defined in section 1.1 of OSC Rule 48-501 and section 1.1 of UMIR;

(n) at the time each PSR Agreement is entered into by the Applicant and Canada Branch, neither the Applicant nor Canada Branch will have knowledge of any Undisclosed Information; and

(o) immediately following its receipt of the Purchased Shares from Canada Branch following the completion of each PSR, the Applicant will (i) report same to the TSX and the Commission, and (ii) issue a press release disclosing, among other things, the number of Purchased Shares acquired pursuant to the PSR and purchase price paid for the Purchased Shares.

DATED at Toronto, Ontario this 8th day of March, 2016.

“Grant Vingoe” “Sarah B. Kavanagh” Vice-Chair Commissioner Ontario Securities Commission Ontario Securities Commission

March 17, 2016 (2016), 39 OSCB 2465

Decisions, Orders and Rulings

SCHEDULE “A”

PSR Records

For a period of five (5) years following the completion of the applicable PSR, the Applicant will maintain, or have maintained on its behalf, the following information, all or any portion of which will be promptly provided to the Commission and/or IIROC upon request, from time to time:

1. for each purchase and sale made pursuant to the PSR (including in connection with any hedging activities), the trade date and time, the side, the number of Subordinate Voting Shares, the price, the currency, the notional trade amount and the marketplace on which the trade was executed;

2. for each purchase and sale made pursuant to the PSR (including in connection with any hedging activities) that was executed in a currency other than the currency specified in the PSR Agreement, the foreign exchange rate applied to settle the execution in the currency specified in the PSR Agreement;

3. for all purchases made pursuant to the PSR, the total number of Subordinate Voting Shares purchased, the average execution price in the currency specified in the PSR Agreement, and the notional purchase amount in the currency specified in the PSR Agreement;

4. for all sales made pursuant to the PSR, the total number of Subordinate Voting Shares sold, the average execution price in the currency specified in the PSR Agreement, and the notional sale amount in the currency specified in the PSR Agreement;

5. for each trade date over the PSR Term, the total number of Subordinate Voting Shares traded across all Canadian marketplaces, the VWAP of those trades and the daily notional trade amount;

6. for each trade date over the PSR Term, the total number of Subordinate Voting Shares traded over the marketplaces of each jurisdiction in which Subordinate Voting Shares were traded pursuant to the PSR, the VWAP of those trades in the currency of each such jurisdiction and the daily notional trade amount in the currency of each such jurisdiction;

7. for the duration of the PSR Term, the total number of Subordinate Voting Shares traded across all marketplaces on which the Subordinate Voting Shares were traded pursuant to the PSR;

8. for the duration of the PSR Term, the arithmetic VWAP of the trades executed or that occurred over the marketplaces of the jurisdiction(s) whose currency corresponds to the currency specified in the PSR Agreement;

9. the arithmetic VWAP of those trades in the currency specified in the PSR Agreement; and

10. for each derivatives transaction made pursuant to the PSR, the trade date and time, the type of derivatives product transacted, the number of contracts or transactions executed, the marketplace on which the trade was executed, the underlying interest of the derivatives product and the total underlying interest controlled as a result of each derivatives transaction.

PSR Summary

Within 30 days of the completion of each PSR, the Applicant will deliver a summary document to the Commission that sets out the following:

1. the start and end dates of the PSR;

2. the number of trading days within the PSR Term;

3. the arithmetic VWAP agreed to by the parties under the PSR Agreement;

4. the total number of Subordinate Voting Shares delivered to the Applicant;

5. the total number of Subordinate Voting Shares retained by Canada Branch;

6. the quantum of the discount applied to the VWAP agreed upon by the parties;

March 17, 2016 (2016), 39 OSCB 2466

Decisions, Orders and Rulings

7. the purchase price attributable by the Applicant for, as applicable, the Program Number of Shares, the Maximum Number of Shares or the Acquired Number of Shares;

8. the average execution price (in the currency specified in the PSR Agreement) for all purchases made under the PSR Agreement;

9. the buy-side volume under the PSR as a percentage of total volume during PSR Term;

10. the sell-side volume under the PSR as a percentage of total volume during PSR Term;

11. the average percentage of each trading day during the PSR Term that Canada Branch was on both sides of the market for Subordinate Voting Shares; and

12. the number of Subordinate Voting Shares purchased by the Applicant under the 2016 NCIB prior to the implementation of the PSR.

March 17, 2016 (2016), 39 OSCB 2467

Decisions, Orders and Rulings

2.2.2 St Andrew Goldfields Ltd. – s. 1(6) of the OBCA

Headnote

Applicant deemed to have ceased to be offering its securities to the public under the Business Corporations Act (Ontario).

Statutes Cited

Business Corporations Act, R.S.O. 1990, c. B.16, as am., s. 1(6).

IN THE MATTER OF THE BUSINESS CORPORATIONS ACT (ONTARIO), R.S.O. 1990, c. B.16, AS AMENDED (the “OBCA”)

AND

IN THE MATTER OF ST ANDREW GOLDFIELDS LTD. (the Applicant)

ORDER (Subsection 1(6) of the OBCA)

UPON the application of the Applicant to the Ontario Securities Commission (the Commission) for an order pursuant to subsection 1(6) of the OBCA to be deemed to have ceased to be offering its securities to the public;

AND UPON the Applicant having represented to the Commission that:

1. The Applicant is an “offering corporation” as defined in the OBCA, and has an authorized capital consisting of an unlimited number of common shares (the “Common Shares”).

2. The Applicant has its head office at 20 Adelaide Street East, Suite 1500, Toronto, Ontario, M5C 2T6.

3. Effective January 26, 2016, in accordance with a plan of arrangement under section 182 of the Business Corporations Act (Ontario) (the “Arrangement”), pursuant to the provisions of an arrangement agreement dated as of November 16, 2015 between Kirkland Lake Gold Inc. (the “Purchaser”) and the Applicant, the Applicant became a wholly-owned subsidiary of the Purchaser and all of the issued and outstanding common shares of the Applicant were acquired by the Purchaser in consideration for 0.0906 of one common share of the Purchaser per common share of the Applicant (the “Exchange Ratio”). All of the outstanding stock options of the Applicant have been deemed to have been exchanged under the Arrangement at the Exchange Ratio.

4. All of the outstanding securities of the Applicant, including debt securities, are beneficially owned, directly or indirectly, by the Purchaser. The Applicant has no outstanding securities other than the Common Shares.

5. The Common Shares of the Applicant, which traded under the symbol “SAS” on the Toronto Stock Exchange, were delisted effective at the close of trading on January 29, 2016.

6. No securities of the Applicant, including debt securities, are traded in Canada or another country on a marketplace as defined in National Instrument 21-101 – Marketplace Operation or any other facility for bringing together buyers and sellers of securities where trading data is publicly reported.

7. Pursuant to BC Instrument 11-502 – Voluntary Surrender of Reporting Issuer Status, the British Columbia Securities Commission confirmed the Applicant’s non-reporting issuer status in British Columbia effective February 11, 2016.

8. The Applicant is a reporting issuer, or the equivalent, in British Columbia, Alberta, Saskatchewan, Manitoba and Ontario (the “Jurisdictions”).

9. The Applicant is not in default of any requirement of securities legislation in any of the Jurisdictions.

10. The Applicant has no intention to seek public financing by way of an offering of securities.

March 17, 2016 (2016), 39 OSCB 2468

Decisions, Orders and Rulings

11. On February 1, 2016 the Applicant made an application to the Ontario Securities Commission, as principal regulator on behalf of the securities regulatory authorities in the Jurisdictions, for a decision that the Applicant is not a reporting issuer in the Jurisdictions (the “Reporting Issuer Requested Relief”).

12. Upon the granting of the Reporting Issuer Requested Relief, the Applicant will not be a reporting issuer or equivalent in any jurisdiction of Canada.

AND UPON the Commission being satisfied that to do so would not be prejudicial to the public interest;

IT IS HEREBY ORDERED by the Commission, pursuant to subsection 1(6) of the OBCA, that the Applicant is deemed to have ceased to be offering its securities to the public for the purpose of the OBCA.

DATED at Toronto on this 19th day of February, 2016.

“Edward P. Kerwin” Commissioner Ontario Securities Commission

“Mary Condon” Commissioner Ontario Securities Commission

March 17, 2016 (2016), 39 OSCB 2469

Decisions, Orders and Rulings

2.2.3 Canadian National Railway Company – s. 104(2)(c)

Headnote

Subsection 104(2)(c) of the Act – Issuer bid – relief from issuer bid requirements in sections 94 to 94.8 and 97 to 98.7 of the Act – issuer proposes to purchase, pursuant to a repurchase program and at a discounted purchase price, up to 11,220,000 of its common shares under its normal course issuer bid from a third party purchasing as agent – third party will abide by the requirements governing normal course issuer bids as though it was the issuer, subject to certain modifications, including that the third party will not make any purchases under the program pursuant to a pre-arranged trade – common shares delivered to the issuer for cancellation will be common shares from the third party’s existing inventory – due to the discounted purchase price, the common shares cannot be acquired through the TSX trading system – but for the fact that the common shares cannot be acquired through the TSX trading system, the Issuer could otherwise acquire such shares in accordance with TSX rules and in reliance upon the issuer bid exemption available under section 101.2 of the Act – the third party will purchase common shares under the program on the same basis as if the Issuer had conducted the bid in reliance on the statutory normal course issuer bid exemptions – no adverse economic impact on, or prejudice to the Issuer or its security holders – acquisition of securities exempt from the issuer bid requirements in sections 94 to 94.8 and 97 to 98.7 of the Act, subject to conditions, including that the agreement governing the program will prohibit the third party from selling common shares from its existing inventory to the issuer under the program unless it has purchased, or had purchased on its behalf, an equivalent number of common shares on the market, which number of common shares must be equal to the number of common shares sold to the issuer.

Statutes Cited

Securities Act, R.S.O. 1990, c. S.5, as am., ss. 94 to 94.8, 97 to 98.7, 104(2)(c).

IN THE MATTER OF THE SECURITIES ACT, R.S.O. 1990, c. S.5, AS AMENDED

AND

IN THE MATTER OF CANADIAN NATIONAL RAILWAY COMPANY

ORDER (Clause 104(2)(c))

UPON the application (the “Application”) of Canadian National Railway Company (the “Issuer”) to the Ontario Securities Commission (the “Commission”) for an order pursuant to clause 104(2)(c) of the Securities Act (Ontario) (the “Act”) exempting the Issuer from the requirements of sections 94 to 94.8, inclusive, and sections 97 to 98.7, inclusive, of the Act (the “Issuer Bid Requirements”) in respect of the proposed purchases by the Issuer of up to 11,220,000 (the “Program Maximum”) of its common shares (the “Common Shares”) from Canadian Imperial Bank of Commerce (“CIBC”) pursuant to a repurchase program (the “Program”);

AND UPON considering the Application and the recommendation of staff of the Commission;

AND UPON the Issuer (and the CIBC Entities in respect of paragraphs 5, 6, 7, 8, 21, 22, 25 to 34, inclusive, 41 and 42 as they relate to the CIBC Entities) having represented to the Commission that:

1. The Issuer is a corporation governed by the Canada Business Corporations Act.

2. The registered and head office of the Issuer is located at 935 de La Gauchetière Street West, Montréal, Quebec, H3B 2M9.

3. The Issuer is a reporting issuer in each of the provinces and territories of Canada (the “Jurisdictions”) and the Common Shares are listed for trading on the Toronto Stock Exchange (the “TSX”) and the New York Stock Exchange (the “NYSE”) under the symbols “CNR” and “CNI”, respectively. The Issuer is not in default of any requirement of the securities legislation of the Jurisdictions.

4. The authorized common share capital of the Issuer consists of an unlimited number of Common Shares, of which 784,818,180 were issued and outstanding as of February 18, 2016.

5. CIBC is a full service Schedule 1 Bank under the Bank Act (Canada). The corporate headquarters of CIBC are located in the Province of Ontario.

March 17, 2016 (2016), 39 OSCB 2470

Decisions, Orders and Rulings

6. CIBC does not directly or indirectly own more than 5% of the issued and outstanding Common Shares.

7. CIBC is the beneficial owner of at least 11,220,000 Common Shares, none of which were acquired by, or on behalf of, CIBC in anticipation or contemplation of resale to the Issuer (such Common Shares over which CIBC has beneficial ownership, the “Inventory Shares”). No Common Shares were purchased by, or on behalf of, CIBC on or after January 19, 2016, being the date that was 30 days prior to the date of the Application, in anticipation or contemplation of a sale of Common Shares by CIBC to the Issuer.

8. CIBC is at arm’s length to the Issuer and is not an “insider” of the Issuer or “associate” of an “insider” of the Issuer, or an “associate” or “affiliate” of the Issuer, as such terms are defined in the Act. CIBC is an “accredited investor” within the meaning of National Instrument 45-106 Prospectus Exemptions.

9. Pursuant to a Notice of Intention to Make a Normal Course Issuer Bid (the “Original Notice”) which was accepted by the TSX effective October 30, 2015, the Issuer was permitted to make a normal course issuer bid (the “Normal Course Issuer Bid”) to purchase up to 33,000,000 Common Shares, representing approximately 4.9% of the Issuer’s public float of Common Shares as of the date specified in the Original Notice. The Original Notice described the terms of the Initial Scotia Program (as defined below). On November 27, 2015, the TSX accepted an amendment to the Original Notice (the “Amendment” and together with the Original Notice, the “Notice”) to reflect an increase to the maximum number of Common Shares that may be purchased under the Initial Scotia Program and to specifically contemplate purchases by the Issuer pursuant to one or more additional share purchase program agreements conducted pursuant to issuer bid exemption orders issued by securities regulatory authorities. The Notice also specifies that purchases under the Normal Course Issuer Bid will be conducted through the facilities of the TSX and the NYSE or alternative trading systems, if eligible, or by such other means as may be permitted by the TSX or a securities regulatory authority in accordance with sections 628 to 629.3 of Part VI of the TSX Company Manual (the “TSX Rules”), including under automatic trading plans and by private agreements or share repurchase programs under issuer bid exemption orders issued by securities regulatory authorities.

10. The Normal Course Issuer Bid is being conducted in reliance upon the exemption from the Issuer Bid Requirements set out in subsection 101.2(1) of the Act, and its equivalent provision in the securities legislation of the other Jurisdictions (the “Designated Exchange Exemption”).

11. The Normal Course Issuer Bid is also being conducted in the normal course on the NYSE and other permitted published markets (collectively with the NYSE, the “Other Published Markets”) in reliance upon the exemption from the Issuer Bid Requirements set out in subsection 101.2(2) of the Act, and its equivalent provision in the securities legislation of the other Jurisdictions (the “Other Published Markets Exemption”, and together with the Designated Exchange Exemption, the “Statutory Exemptions”).

12. Pursuant to the TSX Rules, the Issuer has appointed Scotia Capital Inc. as its designated broker in Canada, and Merrill Lynch, Pierce, Fenner & Smith as its designated broker in the United States, in each case, in respect of the Normal Course Issuer Bid (the “Responsible Brokers”).

13. The Issuer may, from time to time, appoint a non-independent purchasing agent (a “Plan Trustee”) to fulfill requirements for the delivery of Common Shares under the Issuer’s security-based compensation plans (the “Plan Trustee Purchases”).

14. Effective October 30, 2015, the Issuer implemented an automatic repurchase plan (the “ARP”) to permit the Issuer to make purchases under the Normal Course Issuer Bid at such times when the Issuer would not be permitted to trade in its securities, including regularly scheduled quarterly blackout periods and other internal blackout periods (each such time, a “Blackout Period”). The ARP was approved by the TSX and is in compliance with the TSX Rules and applicable securities law.

15. The maximum number of Common Shares that the Issuer is permitted to repurchase under the Normal Course Issuer Bid, being 33,000,000 Common Shares, will be reduced by the number of Plan Trustee Purchases and purchases under the ARP.

16. To the best of the Issuer’s knowledge, the “public float” (calculated in accordance with the TSX Rules) for the Common Shares as at February 18, 2016 consisted of 665,629,324 Common Shares. The Common Shares are “highly liquid securities”, as that term is defined in section 1.1 of OSC Rule 48-501 Trading during Distributions, Formal Bids and Share Exchange Transactions (“OSC Rule 48-501”) and section 1.1 of the Universal Market Integrity Rules (“UMIR”).

17. The Commission granted the Issuer an order on October 27, 2015 (the “October Order”) pursuant to clause 104(2)(c) of the Act exempting the Issuer from the Issuer Bid Requirements in connection with the proposed purchases by the Issuer of up to 4,000,000 Common Shares from The Bank of Nova Scotia (“Scotia”) pursuant to a share repurchase

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Decisions, Orders and Rulings

program (the “Initial Scotia Program”). On November 27, 2015, the Commission granted the Issuer an order pursuant to section 144 of the Act varying the October Order so as to increase the maximum number of Common Shares that may be purchased under the Initial Scotia Program from 4,000,000 to 5,175,000 Common Shares (such varied Initial Scotia Program, the “Scotia Program”). The Issuer purchased 5,175,000 Common Shares under the Scotia Program, which was completed on December 22, 2015.

18. The Commission granted an order on December 18, 2015 pursuant to clause 104(2)(c) of the Act exempting the Issuer from the Issuer Bid Requirements in connection with the proposed purchases by the Issuer of up to 4,356,000 Common Shares from Royal Bank of Canada (“RBC”) pursuant to a share repurchase program (the “First RBC Program”). The Issuer purchased 4,356,000 Common Shares under the First RBC Program, which was completed on February 11, 2016.

19. The Autorité des Marchés Financiers granted an order on February 4, 2016 pursuant to section 263 of the Securities Act (Québec) from the equivalent provisions to the Issuer Bid Requirements in connection with the proposed purchases by the Issuer of up to 1,500,000 Common Shares from National Bank of Canada (the “NBC Program”). The Issuer purchased 1,500,000 Common Shares under the NBC Program, which was completed on March 2, 2016.

20. The Commission granted an order on February 16, 2016 pursuant to clause 104(2)(c) of the Act exempting the Issuer from the Issuer Bid Requirements in connection with the proposed purchases by the Issuer of up to 1,726,000 Common Shares from RBC pursuant to a share repurchase program (the “Second RBC Program”). As at March 7, 2016, the Issuer has purchased 334,550 Common Shares under the Second RBC Program. The Second RBC Program terminates on the earlier of March 24, 2016 and the date on which the Issuer will have purchased 1,726,000 Common Shares from RBC under the Second RBC Program. The Issuer expects the Second RBC Program to be completed on or about March 22, 2016.

21. The Issuer proposes to participate in the Program during, and as a part of, the Normal Course Issuer Bid. The Program will be governed by, and conducted in accordance with, the terms and conditions of a Repurchase Program Agreement (the “Program Agreement”) that will be entered into among the Issuer, CIBC and CIBC World Markets Inc. (“CIBC WM”, and together with CIBC, the “CIBC Entities”) prior to the commencement of the Program and a copy of which will be delivered by the Issuer to the Commission promptly thereafter.

22. The Program will begin on the Trading Day following the completion or termination of the Second RBC Program, and the Program will terminate on the earlier of September 9, 2016 and the date on which the Issuer will have purchased the Program Maximum from CIBC (the “Program Term”). Neither the Issuer, nor any of the CIBC Entities may unilaterally terminate the Program Agreement during the Program Term, except in the case of an event of default by a party thereunder.

23. At least two clear trading days prior to the commencement of the Program, the Issuer will issue a press release that has been pre-cleared by the TSX that describes the material features of the Program and discloses the Issuer’s intention to participate in the Program during the Normal Course Issuer Bid (the “Press Release”).

24. The Program Maximum is less than the number of Common Shares remaining that the Issuer is entitled to acquire under the Normal Course Issuer Bid, calculated as at the date of the Program Agreement.

25. Pursuant to the terms of the Program Agreement, CIBC has retained CIBC WM to acquire Common Shares through the facilities of the TSX and on Other Published Markets in Canada (each, a “Canadian Other Published Market” and collectively with the TSX, the “Canadian Markets”). No Common Shares will be acquired under the Program on any Other Published Markets other than Canadian Other Published Markets.

26. CIBC WM is registered as an investment dealer under the securities legislation of British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Québec, Nova Scotia and New Brunswick. It is also registered as a futures commission merchant under the Commodity Futures Act (Ontario) and as dealer (futures commission merchant) under The Commodity Futures Act (Manitoba). CIBC WM is a member of the Investment Industry Regulatory Organization of Canada (“IIROC”) and the Canadian Investor Protection Fund, a participating organization or member of the TSX, TSX Venture Exchange and Canadian Securities Exchange, and an approved participant of the Bourse de Montréal. The head office of CIBC WM is located in Toronto, Ontario.

27. The Program Term will include Blackout Periods. During such times, the CIBC Entities will conduct the Program in their sole discretion, in accordance with the irrevocable instructions set out in the Program Agreement and established at a time when the Issuer was not in a Blackout Period, in compliance with exchange and securities regulatory requirements applicable to automatic repurchase plans. The Program and its terms have been approved by the TSX and would, during a Blackout Period, be an “automatic securities purchase plan” as defined in National Instrument 55-104 Insider Reporting Requirements and Exemptions.

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28. At such times during the Program Term when the Issuer is not in a Blackout Period, CIBC WM will purchase Common Shares on the applicable Trading Day (as defined below) in accordance with instructions that the CIBC Entities receive from the Issuer prior to the opening of trading on such day, which instructions will be the same instructions that the Issuer would give to Scotia Capital Inc., as its designated Canadian broker in respect of the Normal Course Issuer Bid, if it was conducting the Normal Course Issuer Bid in reliance on the Statutory Exemptions.

29. The Program Agreement will provide that all Common Shares acquired for the purposes of the Program by CIBC WM on a day during the Program Term on which Canadian Markets are open for trading (each, a “Trading Day”) must be acquired on Canadian Markets in accordance with the TSX Rules and any by-laws, rules, regulations or policies of any Canadian Markets upon which purchases are carried out (collectively, the “NCIB Rules”) that would be applicable to the Issuer in connection with the Normal Course Issuer Bid, provided that:

(i) the aggregate number of Common Shares to be acquired on Canadian Markets by CIBC WM on each Trading Day shall not exceed the maximum daily limit that is imposed upon the Normal Course Issuer Bid pursuant to the TSX Rules, determined with reference to an average daily trading volume that is based on the trading volume of the Common Shares on all Canadian Markets rather than being limited to the trading volume on the TSX only (the “Modified Maximum Daily Limit”), it being understood that the aggregate number of Common Shares to be acquired on the TSX by CIBC WM on each Trading Day will not exceed the maximum daily limit that is imposed on the Normal Course Issuer Bid pursuant to the TSX Rules;

(ii) the aggregate number of Common Shares acquired by CIBC WM in connection with the Program shall not exceed the Program Maximum;

(iii) the aggregate number of Common Shares acquired by CIBC WM in connection with the Program on Canadian Other Published Markets shall not exceed that number of Common Shares remaining eligible for purchase pursuant to the Other Published Markets Exemption, calculated as at the date of the Program Agreement;

(iv) in respect of each Trading Day, upon the occurrence of a cessation of trading on the TSX or other event that would impair CIBC WM’s ability to acquire Common Shares on Canadian Markets on such Trading Day (a “Market Disruption Event”), CIBC WM will cease acquiring Common Shares on such Trading Day and the number of Common Shares acquired by CIBC WM to such time on such Trading Day will be the “Acquired Shares” in respect of that Trading Day for the purposes of the Program; and

(v) notwithstanding the block purchase exception provided for in the TSX Rules, no purchases will be made by CIBC WM on any Canadian Markets pursuant to a pre-arranged trade.

30. Pursuant to the Program Agreement, on every Trading Day, CIBC WM will purchase the Number of Common Shares. The “Number of Common Shares” will be no greater than the least of: (a) the quotient of an agreed upon daily Canadian dollar amount divided by the Discounted Price; (b) the Program Maximum less the aggregate number of Common Shares previously purchased by CIBC WM under the Program; (c) on a Trading Day on which a Market Disruption Event occurred, the Acquired Shares; and (d) the Modified Maximum Daily Limit. The “Discounted Price” per Common Share will be equal to (i) the volume weighted average price of the Common Shares on the Trading Day on which purchases were made less an agreed upon discount, or (ii) upon the occurrence of a Market Disruption Event, the volume weighted average price of the Common Shares at the time of the Market Disruption Event less an agreed upon discount.

31. Under the Program Agreement, CIBC will deliver to the Issuer that number of Inventory Shares equal to the number of Common Shares purchased by CIBC WM on a Trading Day under the Program on the second Trading Day thereafter, and the Issuer will pay CIBC a purchase price equal to the Discounted Price for each such Inventory Share. Each Inventory Share purchased by the Issuer under the Program will be cancelled upon delivery to the Issuer.

32. The Program Agreement will prohibit CIBC from selling any Inventory Shares to the Issuer under the Program unless CIBC WM has purchased the equivalent number of Common Shares on the Canadian Markets. The number of Common Shares that are purchased by CIBC WM on the Canadian Markets on a Trading Day will be equal to the Number of Common Shares for such Trading Day.

33. The Program Agreement will (a) prohibit the Issuer from purchasing any Common Shares (other than Inventory Shares purchased under the Program), (b) require the Issuer to prohibit the Responsible Brokers from acquiring any Common Shares on behalf of the Issuer, (c) require the Issuer to prohibit the Plan Trustee from undertaking any Plan Trustee Purchases, and (d) require the Issuer to prohibit the designated broker under the ARP from acquiring any Common Shares on behalf of the Issuer, in each case, during the conduct of the Program by the CIBC Entities.

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34. The Program Agreement will provide that all purchases of Common Shares under the Program by CIBC WM will be done as if CIBC WM was an agent of the Issuer and neither of the CIBC Entities will engage in any hedging activity in connection with the conduct of the Program.

35. The Issuer will report its purchases of Common Shares under the Program to the TSX in accordance with the TSX Rules. In addition, immediately following the completion of the Program, the Issuer will: (a) report the total number of Common Shares acquired under the Program to the TSX and the Commission; and (b) file a notice on the System for Electronic Document Analysis and Retrieval (SEDAR) disclosing the number of Common Shares acquired under the Program and the aggregate dollar amount paid for such Common Shares.

36. The Issuer is of the view that (a) it will be able to purchase Common Shares from CIBC at a lower price than the price at which it would be able to purchase an equivalent quantity of Common Shares under the Normal Course Issuer Bid in reliance on the Statutory Exemptions, and (b) the purchase of Common Shares pursuant to the Program is in the best interests of the Issuer and constitutes a desirable use of the Issuer’s funds.

37. But for the fact that the Discount Price will be at a discount to the prevailing market price and below the prevailing bid- ask price for the Common Shares on the TSX at the time that the Issuer purchases Common Shares from CIBC, the Issuer could otherwise acquire such Common Shares through the facilities of the TSX as a “block purchase” in accordance with the block purchase exception in paragraph 629(1)7 of the TSX Rules and the Designated Exchange Exemption.

38. The entering into of the Program Agreement, the purchase of Common Shares by CIBC WM in connection with the Program, and the sale of Inventory Shares by CIBC to the Issuer will not adversely affect the Issuer or the rights of any of the Issuer’s security holders and it will not materially affect control of the Issuer.

39. The sale of Inventory Shares to the Issuer by CIBC will not be a “distribution” (as defined in the Act).

40. The Issuer will be able to acquire the Inventory Shares from CIBC without the Issuer being subject to the dealer registration requirements of the Act.

41. At the time that the Issuer and the CIBC Entities enter into the Program Agreement, neither the Issuer, nor any member of the Equity Derivatives Trading group of CIBC, nor any personnel of either of the CIBC Entities that negotiated the Program Agreement or made, participated in the making of, or provided advice in connection with, the decision to enter into the Program Agreement and sell the Common Shares, will be aware of any “material change” or “material fact” (each as defined in the Act) with respect to the Issuer or the Common Shares that has not been generally disclosed (the “Undisclosed Information”).

42. Each of CIBC Entities has policies and procedures that are designed to ensure conduct of the Program in accordance with, among other things, the Program Agreement and to preclude those persons responsible for administering the Program from acquiring any Undisclosed Information during the conduct of the Program.

AND UPON the Commission being satisfied that to do so would not be prejudicial to the public interest;

IT IS ORDERED pursuant to clause 104(2)(c) of the Act that the Issuer be exempt from the Issuer Bid Requirements in respect of the entering into of the Program Agreement and the delivery of the Inventory Shares by CIBC to the Issuer pursuant to the Program, provided that:

(a) at least two clear trading days prior to the commencement of the Program, the Issuer will issue the Press Release;

(b) the Program Agreement will require that purchases of Common Shares under the Program will be made only on Canadian Markets, and only by CIBC WM;

(c) the Program Agreement will require that CIBC WM abide by the NCIB Rules applicable to the Normal Course Issuer Bid, subject to clauses 29(i) and (v) hereof;

(d) the Program Agreement will require that the CIBC Entities maintain records of all purchases of Common Shares that are made by CIBC WM pursuant to the Program, which will be available to the Commission and IIROC upon request;

(e) the Program Agreement will prohibit CIBC from selling Inventory Shares to the Issuer under the Program unless CIBC WM has purchased an equivalent number of Common Shares on the Canadian Markets, and the

March 17, 2016 (2016), 39 OSCB 2474

Decisions, Orders and Rulings

Program Agreement will provide that the number of Common Shares that are purchased by CIBC WM on the Canadian Markets on a Trading Day will be equal to the Number of Common Shares for that Trading Day;

(f) the Common Shares acquired by CIBC WM under the Program will be taken into account by the Issuer when calculating the maximum annual aggregate limits that are imposed upon the Normal Course Issuer Bid in accordance with the TSX Rules and those Common Shares that were purchased by CIBC WM on Canadian Other Published Markets will be taken into account by the Issuer when calculating the maximum aggregate limits that are imposed upon the Issuer in accordance with the Other Published Markets Exemption;

(g) the Program Agreement will (i) prohibit the Issuer from purchasing any Common Shares (other than Inventory Shares purchased under the Program), (ii) require the Issuer to prohibit the Responsible Brokers from acquiring any Common Shares on behalf of the Issuer, (iii) require the Issuer to prohibit the Plan Trustee from undertaking any Plan Trustee Purchases, and (iv) require the Issuer to prohibit the designated broker under the ARP from acquiring any Common Shares on behalf of the Issuer, in each case, during the conduct of the Program by the CIBC Entities;

(h) each purchase made by CIBC WM through the facilities of the Canadian Markets pursuant to the Program shall be marked with such designation as would be required by the applicable marketplace and UMIR for trades made by an agent of the Issuer;

(i) at the time that the Program Agreement is entered into by the Issuer and the CIBC Entities, the Common Shares must be “highly liquid securities”, as that term is defined in section 1.1 of OSC Rule 48-501 and section 1.1 of UMIR;

(j) at the time that the Issuer and the CIBC Entities enter into the Program Agreement, neither the Issuer, nor any member of the Equity Derivatives Trading group of CIBC, nor any personnel of either of the CIBC Entities that negotiated the Program Agreement or made, participated in the making of, or provided advice in connection with, the decision to enter into the Program Agreement and sell the Common Shares, will be aware of any Undisclosed Information; and

(k) in addition to reporting its purchases of Common Shares under the Program to the TSX in accordance with the TSX Rules, immediately following the completion of the Program, the Issuer will: (i) report the total number of Common Shares acquired under the Program to the TSX and the Commission; and (ii) file a notice on SEDAR disclosing the number of Common Shares acquired under the Program and the aggregate dollar amount paid for such Common Shares.

DATED at Toronto, Ontario, this 15th day of March, 2016

“Grant Vingoe” Vice-Chair Ontario Securities Commission

“William J. Furlong” Commissioner Ontario Securities Commission

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March 17, 2016 (2016), 39 OSCB 2476

Chapter 3

Reasons: Decisions, Orders and Rulings

3.2 Director’s Decisions

3.2.1 Sanjiv Sawh – s. 31

IN THE MATTER OF STAFF’S RECOMMENDATION TO REGISTER SANJIV SAWH WITH TERMS AND CONDITIONS

OPPORTUNITY TO BE HEARD BY THE DIRECTOR UNDER SECTION 31 OF THE SECURITIES ACT (ONTARIO)

Decision 1. For the reasons outlined below, I have varied the recommendation of staff (Staff) of the Ontario Securities Commission (the Commission) to register Sanjiv Sawh as a dealing representative in the category of mutual fund dealer. The terms and conditions are as follows:

a. Strict supervision for one year from the date registration is granted, and

b. While the terms and conditions are imposed, he will not seek registration as a dealing representative in the category of exempt market dealer.

Background

2. On November 6, 2014, the Commission received an application for the registration of Sanjiv Sawh (Sawh) as a dealing representative in the category of mutual fund dealer. Staff initially recommended to the Director that Sawh’s application be refused based upon his prior disciplinary history and forward-looking statements made in two prior decisions: one by the Director in 20111 (the Director Decision) and another by the Commission in 20122 (the Commission Decision).

3. Sawh was previously registered with Royal Mutual Funds Inc., Breton Asset Management Limited and The Investment House of Canada Inc. (IHOC) until IHOC’s membership was suspended following a settlement agreement dated April 8, 2010, which was accepted by a hearing panel of the Mutual Fund Dealers Association of Canada (the MFDA) on April 9, 2010.3

4. After IHOC’s registration was suspended, Sawh and a former IHOC colleague (collectively, the Applicants) applied for the reinstatement of their registrations as dealing representatives with a new mutual fund dealer and exempt market dealer. Staff opposed the applications of the Applicants, and the reinstatement of their registrations in both the mutual fund dealer and exempt market dealer categories was refused in the Director Decision dated January 25, 2011.4 The Applicants requested a hearing and review of the Director Decision by a panel of the Commission, which conducted a hearing de novo and ruled in the Commission Decision dated August 1, 2012 that the Applicants’ applications for reinstatement of their registrations as mutual fund dealing representatives should be refused.5 The Applicants then appealed the Commission Decision to the Ontario Superior Court of Justice, Divisional Court which dismissed the appeal in a decision dated June 12, 2013.6

5. Both the Director Decision and the Commission Decision made forward-looking statements as to the Applicants suitability for registration at some point in the future. The Director Decision reasoned that “the past conduct of [the Applicants] … leads me to conclude that their conduct in the future may well be detrimental to the integrity of the capital

1 Re Sawh and Trkulja (2011), 34 OSCB 1059. 2 Re Sawh and Trkulja (2012), 35 OSCB 7431. 3 Re The Investment House of Canada Inc., Sanjiv Sawh and Vlad Trkulja, 2010 CanLII 85828 (CA MFDAC); reasons for the decision to approve the settlement agreement dated June 29, 2010, Re The Investment House of Canada Inc., Sanjiv Sawh and Vlad Trkulja, 2010 CanLII 86173 (CA MFDAC) 4 Re Sawh and Trkulja (2011), supra note 1. 5 Re Sawh and Trkulja (2012), supra note 2. 6 Sawh v Ontario Securities Commission, 2013 ONSC 4018.

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markets”.7 The Commission Decision included findings that the Applicants lacked the proficiency and integrity required to be dealing representatives in the category of mutual fund dealer, that reinstatement of registration was objectionable, and that the Applicants lacked the high standards of business conduct required of a securities industry professional.8

6. Neither the Director Decision nor the Commission Decision precluded the Applicants from re-applying for registration as a dealing representative at some point in the future.

7. Since there is no explicit statement that restricts Sawh’s ability to re-apply for registration in either the Director Decision or the Commission Decision, upon subsequent application for registration, the Director will require new evidence to determine his suitability for registration and that his registration is not otherwise objectionable.

Law

8. The Securities Act (Ontario) (the Act) requires the Director, as defined in the Act, to determine, at the time of an application, whether the applicant is suitable for registration.

9. Subsection 27(1) of the Act is clear that the Director shall make the determination on the suitability of an applicant for registration. Further, subsection 27(2) provides the elements that the Director shall consider when making that determination. Subsection 27(3) provides that the Director has the ability to impose terms and conditions on the registration of any person or company.

27. (1) Registration, etc. – On receipt of an application by a person or company and all information, material and fees required by the Director and the regulations, the Director shall register the person or company, reinstate the registration of the person or company or amend the registration of the person or company, unless it appears to the Director,

(a) that, in the case of a person or company applying for registration, reinstatement of registration or an amendment to a registration, the person or company is not suitable for registration under this Act; or

(b) that the proposed registration, reinstatement of registration or amendment to registration is otherwise objectionable.

(2) Matters to be considered – In considering for the purposes of subsection (1) whether a person or company is not suitable for registration, the Director shall consider,

(a) whether the person or company has satisfied,

(i) the requirements prescribed in the regulations relating to proficiency, solvency and integrity, and

(ii) such other requirements for registration, reinstatement of registration or an amendment to a registration, as the case may be, as may be prescribed by the regulations; and

(b) such other factors as the Director considers relevant.

(3) Terms and conditions—The Director may, in his or her discretion, impose terms and conditions on the registration, reinstatement of registration or amendment of registration of any person or company and, without limiting the generality of the foregoing,

(a) may restrict the duration of the registration; and

(b) may restrict the person or company to,

(i) trading only specified securities or specified classes of securities or securities of specified classes of issuers,

(ii) underwriting only specified securities or specified classes of securities or securities of specified classes of issuers, or

7 Re Sawh and Trkulja (2011), supra note 1 at para 29. 8 Re Sawh and Trkulja (2012), supra note 2 at para 313.

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(iii) providing advice with respect to investing in, buying or selling only specified securities or specified classes of securities or securities of specified classes of issuers.

10. The Act does not preclude a person or company from making a subsequent application for registration, if that person or company has previously been refused registration, has had its registration suspended or the registration is found to be objectionable.

11. However, in these instances, the Director will need to consider other factors prior to making a decision on the applicant’s suitability for registration. In order to determine what factors the Director should consider, Staff submitted the following decisions of the Director and the Commission:

 Re Price (1962),9

 Re The House of Henderson Limited,10

 Re Northern Securities Company, 11

 Re Price (1964),12

 Re Scanlon,13

 Re Brand,14

 Re Harris,15 and

 Re Friesen.16

12. Many of the decisions were decided at a time when the Act explicitly required further applications for registration to be made upon new or other material or where it was clear that material circumstances had changed: Re Price (1962), Re The House of Henderson Limited, Re Northern Securities Company, Re Price (1964), Re Scanlon, Re Brand, and Re Harris. One of the decisions was made in a context other than an application for registration: Re Friesen. However, the decisions are useful for determining the appropriate criteria for the Director to consider upon a subsequent application for registration.

13. In Re Price (1962), the full Commission heard an appeal from an order refusing the application for registration of an individual, whose registration had previously been cancelled by the Commission.17 The Commission held that the onus was upon an applicant to prove that material circumstances had changed.18 The Commission held that the onus would be heavy and the evidence adduced by the applicant must not be of a negative nature only, but should be positive.19 Although the applicant submitted evidence from his employer that he had not been the subject of any complaints, the Commission found that this was evidence of a negative nature and did not evidence a change in the character of the applicant.20 The Commission stated that it would wish to have evidence of a change in the applicant’s mode of business behavior and, in nearly all cases, it would be necessary for this evidence to be more than that of the applicant himself.21

14. The only new evidence submitted by the applicant when making a subsequent application for registration in Re The House of Henderson Limited was a letter written to the applicant.22 The Director found that the letter had little, if any,

9 (1962) OSCB 1 (November). 10 (1963) OSCB 1 (December). 11 (1964) OSCB 1 (May). 12 (1964) OSCB 3 (June). 13 (1965) OSCB 13 (July-August). 14 (1965) OSCB 5 (November). 15 (1966) OSCB 24 (March). 16 (1999), 22 OSCB 2427. 17 Supra note 9. 18 Re Price, supra note 9 at 1. 19 Ibid. 20 Ibid at 2. 21 Ibid. 22 Supra note 10.

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bearing on the applicant’s fitness for registration, since it was the writer’s report of an informal discussion with the former Chairman of the Commission, that took place prior to the Commission’s decision to refuse the applicant’s registration, regarding the applicant’s ability as a promoter.23 The Director held that the applicant had not adduced acceptable new or other material to affect the application nor demonstrated that the material circumstances affecting his application had changed.24

15. In Re Northern Securities Company,25 the full Commission interpreted the meaning of “new or other material”, since the Act at that time stated: “A further application for registration may be made upon new or other material or where it is clear that material circumstances have changed.”26 The Commission held that “new material” meant material that had arisen and come into being subsequent to the previous application.27 With respect to “other material”, the Commission held that it meant material different from the material submitted in the previous application and that was not known to the applicant at the time of the first application.28 The underlying principle being that a subsequent application for registration is not an appeal or review of a previous decision of the Director or the Commission and the previous decision would only come into question if new or other material would be sufficient to cast doubt on the previous decision.29 The Commission considered whether the mere lapse of time would be a change in material circumstance and remarked that it doubted that fact by itself would ever be sufficient to warrant new registration.30 As to the meaning of “material circumstances”, the Commission held that one of the most important considerations in determining whether to grant registration is the character of the applicant.31 Also, if an applicant had previously been found to lack the knowledge required of a registrant, the Commission held that the material circumstance upon a subsequent application for registration would be the applicant’s knowledge.32

16. The applicant in Re Price (1964)33 was the same individual as in Re Price (1962)34. In his 1964 application, the applicant submitted two letters: one stating he had been a registered real estate salesman for nine years without complaints against his activities and the other attesting to his good character. The Director found that the evidence produced met the requirements set out by the Commission in Re Price (1962).35 Additionally, the Director considered the hardship upon the applicant caused by the rigors of his occupation at the time of the application, that the applicant was only guilty of one infraction of the Act during his time as a registrant and that the applicant had been deprived of his registration for fourteen years.36 The Director granted the application for registration but ordered that, if the applicant change his place of employment, his application would be re-examined to determine whether his new employer would have a beneficial influence on his activities.37

17. The Director found in Re Scanlon that the applicant’s own assurances of his change in character, in the absence of substantial corroborative evidence, did not overcome the earlier findings of the Commission that he had been guilty of acts or conduct which made him not suitable for registration.38

18. In Re Brand, the Commission considered whether an applicant, whose registration was cancelled by the Commission following an investigation and hearing, should be registered upon his subsequent application for registration.39 In respect of the types of evidence that would be considered, the Commission held that the mere lapse of time is not new or other material and an applicant must show evidence of the manner in which he or she has carried out his or her duties during that time and the related responsibilities connected with those duties.40 Also, the Commission held that character references may be considered as evidence of a change in circumstances but found that those submitted by the applicant were of a general nature.41

23 Ibid at 3. 24 Ibid. 25 Supra note 11. 26 Ibid at 1. 27 Ibid at 2. 28 Ibid. 29 Ibid at 3. 30 Ibid. 31 Ibid. 32 Ibid. 33 Supra note 12. 34 Supra note 9. 35 Supra note 12 at 4. 36 Ibid. 37 Ibid at 5. 38 Supra note 13 at 14. 39 Supra note 14. 40 Ibid at 6. 41 Ibid.

March 17, 2016 (2016), 39 OSCB 2480

Reasons: Decisions, Orders and Rulings

19. The Director’s decision in Re Harris was based upon the same criteria considered by the Commission in Re Brand: the lapse of time is not new or other evidence, an applicant must submit evidence of the manner in which he or she has carried out his or her duties during that time and the related responsibilities and character references may be evidence of a change in material circumstances but not if they are of a general nature.42

20. In Re Friesen, the Commission considered whether to vary an order that prohibited the applicant from engaging in the securities business in Ontario, expect for trading in his personal accounts, on a permanent basis.43 In determining whether to vary its previous order, the Commission cited a prior decision, Re Orsini, 44 in which the Commission had considered six of the seven criteria used by the Law Society of Upper Canada to assess an application for readmission. The Commission summarized the applicable criteria when determining whether the order should be varied as the following:

a. The applicant must be able to convince the Commission, by substantial and satisfactory evidence (including the evidence of trustworthy persons, especially persons with whom the applicant has been associated since the making of the order sought to be revoked or varied) that

i. and the marketplace because the applicant is a “changed person”, having, in the period since the making of the order, completely rehabilitated himself or herself (or, to put it another way, “purged his or her past conduct”) and

ii. his or her conduct since the time of the making of the original order shows that he or she can now be trusted not to engage in securities activities which are contrary to the public interest.45

b. The test is difficult but not impossible to meet.46

c. A substantial period of time must have passed, during which the actions of the applicant can be assessed against the criteria.47

d. Since general deterrence is a consideration which may be properly taken into account by the Commission in determining appropriate sanctions, sanctions should not be modified until a sufficient period of time has passed to make it clear that actions of the type on which the order is based will not, if taken by others, be taken lightly by the Commission.48

Reasons for Decision

21. My decision is based on materials provided before, during and after the in-person meeting and the submissions of Michael Denyszyn (Senior Legal Counsel, Compliance and Registrant Regulation); Janice Wright (Counsel for Sawh) and Sanjiv Sawh for this OTBH.

22. Staff has submitted that if an applicant has been found not suitable for registration by the Director or the Commission, the Act does not preclude the applicant from making a subsequent application for registration.

23. However, upon a subsequent application for registration, the applicant must submit new information that evidences changes in the material circumstances that led to the Director’s or the Commission’s prior finding that the applicant was not suitable for registration. In these circumstances, the onus is on the applicant to prove that he or she is suitable for registration.

24. Based on the cited case law, Staff has recommended that the Director consider the following six factors and evaluate the evidence supporting each of the factors, prior to making a decision on the subsequent application for registration:

a. the applicant must show by a sufficient course of conduct that he/she can be trusted in performing business duties;

42 Re Harris, supra note 15 at 25; Re Brand, supra note 14 at 6. 43 Supra note 16. 44 (1997), 20 OSCB 6068. 45 Re Friesen, supra note 16 at 2429. 46 Ibid. 47 Ibid. 48 Ibid.

March 17, 2016 (2016), 39 OSCB 2481

Reasons: Decisions, Orders and Rulings

b. the applicant must introduce evidence of other independent, trustworthy persons with whom the applicant has been associated since the prior refusal, suspension or revocation of registration;

c. a sufficient period of time must have elapsed for the purposes of general and specific deterrence;

d. where proficiency is at issue, the applicant must demonstrate how he or she has specifically remediated his or her proficiency;

e. the applicant must demonstrate that the misconduct that led to the prior refusal, suspension or revocation is unlikely to recur in the future by no longer engaging in business with non-compliant business associates; and

f. the applicant must demonstrate remorse and take full responsibility for his or her past conduct.

25. I agree that, at a minimum, these six factors must be considered before the Director can make a determination on an applicant’s suitability for registration; after a finding by the Director or the Commission that the applicant was not suitable for registration.

26. Sawh presented the following evidence in response to the six factors:

a. Since 2010 Sawh has engaged in mortgage and insurance sales and financial planning services through Comprehensive Wealth Planning, Inc. (CWP), a company that is 100% owned by Sawh. On his own initiative, Sawh hired an independent compliance consultant to examine the policies and procedures and adherence to the regulations governing CWP’s activities. The compliance consultant conducted reviews in 2014 and 2015 and determined that CWPs policies and procedures were followed, books and records were in order and no deficiencies were found in the management of the client accounts. Furthermore, Sawh confirmed that there have been no client complaints made to any of the insurance carriers, mortgage lenders or the relevant ombudsman office.

b. Reference letters were provided by two independent industry professionals with whom Sawh has worked in the insurance industry for 4 years and mortgage business for 7 years. Both provided favorable references and specified that there have been no customer complaints during their working relationship and in their opinion, good business practices have been followed. Also, that Sawh has been forthcoming regarding his prior disciplinary history.

c. At the time of this decision, Sawh has not been registered in the securities industry for almost six years. This time out of the industry is in line with other sanctions levied in respect to similar cases for both general and specific deterrence purposes.

d. Since May of 2011, Sawh has attended a significant number of industry conferences that included knowledge enhancement and skills training. Also, on his own initiative, he has taken and passed the Conduct and Practices Handbook course, the Investment Funds course, and the CFA Institute Ethics on-line refresher course. In total 46 separate courses, educational conferences and seminars were attended during this period.

In addition, Sawh teaches business course at Humber College and previously at George Brown College. Sawh brings real life experience into the classroom. He explains what factors led to the findings in the Director Decision and Commission Decision and shares this important lesson with the students. Essentially, if you don’t comply with the regulatory requirements, act with integrity and understand the obligations that industry professionals owe to clients then there will be consequences and those consequences will have a lasting impact on you reputation, credibility and career.

e. Sawh has confirmed that he has severed business ties and is no longer conducting business, nor is he associated with his prior IHOC colleague or the principals of the issuers with which he previously dealt. This representation was also confirmed through a review of client relationship documents and the on-line presences for Sawh and CWP. Furthermore, he is not seeking registration as a chief compliance officer or as a dealing representative of an exempt market dealer, so he will not be conducting the same type of business activity that was the basis for the prior misconduct findings.

f. At the in-person meeting and voluntary interview in September 2015, Sawh demonstrated remorse. He has accepted responsibility for his prior misconduct and the impact it had on IHOC’s clients. He substantiated that he fully appreciates the significance of and has learned from his prior misconduct. He reviewed the prior decision “… dissecting it to see what went wrong, where did I make mistakes, whether it was through actions or lack of actions, as you can see in the decision, and through different lenses and going through courses, as well as speaking to others, asking their advice and so on, you go back and you understand the decision.”

March 17, 2016 (2016), 39 OSCB 2482

Reasons: Decisions, Orders and Rulings

Additionally, since Sawh holds licenses outside of the securities industry and maintains a financial planning and Certified Financial Analyst designation, Sawh represented that he reported the disciplinary actions taken in the Commission Decision to each of the appropriate oversight bodies.

27. After reviewing the materials submitted and Sawh’s responses to the questions posed at the in-person meeting, I am satisfied that the evidence presented demonstrates a material change in circumstances. Also, Sawh has appropriately rehabilitated his integrity and proficiency and he is not likely to engage in misconduct in the future. Further, he is suitable for registration and his registration would not be objectionable.

28. The proposed terms and conditions recommended by Staff and agreed to by Sawh included two levels of supervision after registration is granted. Strict supervision for a minimum of one year and then after successful completion of that term, an added term of close supervision for a minimum of one year. Also proposed was a prohibition from applying for registration as a dealing representative in the category of exempt market dealer while the terms and conditions are imposed.

29. Based on the evidence presented, the terms and conditions are modified as follows:

 Strict supervision will be imposed for a period of one year from the date of registration.

 While the terms and conditions are imposed, Sawh will not seek registration as a dealing representative in the category of exempt market dealer.

30. During the strict supervision term, Staff will receive monthly reports that will evaluate Sawh’s compliance with various aspects of sales activity and dealings with clients. Staff can lift the strict supervision term and condition after one year from the date of registration, unless Staff becomes aware of detrimental information that has arisen after the date of this decision. If detrimental information arises during the strict supervision term then Staff will evaluate this information and recommend a course of action to the Director.

31. In this case the terms and conditions are not being imposed to “shore up” an objectionable registration, but to provide an added measure of investor protection and to foster public confidence.

“Debra Foubert J.D.” Director, Compliance and Registrant Regulation Branch Ontario Securities Commission

March 11, 2016

March 17, 2016 (2016), 39 OSCB 2483

Reasons: Decisions, Orders and Rulings

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March 17, 2016 (2016), 39 OSCB 2484

Chapter 4

Cease Trading Orders

4.1.1 Temporary, Permanent & Rescinding Issuer Cease Trading Orders

Company Name Date of Date of Date of Date of Temporary Order Hearing Permanent Order Lapse/Revoke

THERE IS NOTHING TO REPORT THIS WEEK.

Failure to File Cease Trade Orders

Company Name Date of Order Date of Revocation

Highmark Technologies Corp. 11 March 2016

MJ Bioscience Corp. 11 March 2016

4.2.1 Temporary, Permanent & Rescinding Management Cease Trading Orders

Company Name Date of Order or Date of Date of Date of Date of Temporary Order Hearing Permanent Lapse/ Expire Issuer Order Temporary Order

Cerro Grande Mining 4 February 2016 17 February 2016 17 February 2016 11 March 2016 Corporation

4.2.2 Outstanding Management & Insider Cease Trading Orders

Date of Date of Date of Date of Order or Date of Issuer Company Name Permanent Lapse/ Temporary Hearing Temporary Order Expire Order Order

Boomerang Oil, Inc. 29 January 2016 10 February 2016 10 February 2016

Cerro Grande 4 February 2016 17 February 2016 17 February 2016 11 March 2016 Mining Corporation

Enerdynamic Hybrid 4 November 2015 16 November 2015 16 November 2015 Technologies Corp.

Enerdynamic Hybrid 22 October 2015 4 November 2015 4 November 2015 Technologies Corp.

Enerdynamic Hybrid 15 October 2015 28 October 2015 28 October 2015 Technologies Corp.

Starrex International 30 December 2015 11 January 2016 11 January 2016 Ltd.

Tango Mining 7 January 2016 20 January 2016 20 January 2016 Limited

March 17, 2016 (2016), 39 OSCB 2485

Cease Trading Orders

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March 17, 2016 (2016), 39 OSCB 2486

Chapter 7

Insider Reporting

The following is a weekly summary of insider transactions by insiders of Ontario reporting issuers in SEDI ® (the System for Electronic Disclosure by Insiders).1 The weekly summary contains insider transactions reported during the 7-day period ending Sunday at 11:59 p.m. (i.e. the Sunday prior to the Bulletin Issue date).2

Guide to Codes Relationship of Insider to Issuer (Rel=n)

1 Issuer 2 Subsidiary of Issuer 3 10% Security Holder of Issuer 4 Director of Issuer 5 Senior Officer of Issuer 6 Director or Senior Officer of 10% Security Holder 7 Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6) 8 Deemed Insider – 6 Months before becoming Insider

Nature of Transaction (T/O)

00 Opening Balance-Initial SEDI Report 10 Acquisition or disposition in the public market 11 Acquisition or disposition carried out privately 15 Acquisition or disposition under a prospectus 16 Acquisition or disposition under a prospectus exemption 22 Acquisition or disposition pursuant to a take-over bid, merger or acquisition 30 Acquisition or disposition under a purchase/ ownership plan 35 Stock dividend 36 Conversion or exchange 37 Stock split or consolidation 38 Redemption, retraction, cancellation, repurchase 40 Short sale 45 Compensation for property 46 Compensation for services 47 Acquisition or disposition by gift 48 Acquisition by inheritance or disposition by bequest 50 Grant of options 51 Exercise of options 52 Expiration of options 53 Grant of warrants 54 Exercise of warrants 55 Expiration of warrants 56 Grant of rights 57 Exercise of rights 59 Exercise for cash 70 Acquisition or disposition (writing) of third party derivative 71 Exercise of third party derivative 72 Other settlement of third party 73 Expiration of third party derivative 90 Change in nature of ownership 97 Other 99 Correction of Information

Note: The asterisk in the “Date/Month End Holding” column indicates the insider disagreed with the system calculated balance when the transaction was reported.

1 SEDI® is a registered trademark owned by CDS INC. 2 ©CDS INC.

March 17, 2016 (2016), 39 OSCB 2487

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed 37 Capital Inc. Common Shares Kalpakian, Bedo H 4 08/03/2016 97 0 -1,700 37 Capital Inc. Common Shares Kalpakian, Jacob H 4 08/03/2016 97 0 -19,424 Absolute Software Common Shares Monahan, Gregory 4 08/03/2016 10 6.989 34,800 10,000 Corporation Rush Acerus Options Beauchamp, Norma 4 26/06/2015 00 Pharmaceuticals Corporation (formerly Trimel Pharmaceuticals Corporation) Acerus Options Beauchamp, Norma 4 04/03/2016 50 100,000 100,000 Pharmaceuticals Corporation (formerly Trimel Pharmaceuticals Corporation) Acerus Options Bryson, Nathan John 5 04/03/2016 50 1,285,000 950,000 Pharmaceuticals Corporation (formerly Trimel Pharmaceuticals Corporation) Acerus Options Bumby, Michael 5 04/03/2016 50 600,000 400,000 Pharmaceuticals Scott Corporation (formerly Trimel Pharmaceuticals Corporation) Acerus Options Chabursky, Borys 4 20/12/2015 00 Pharmaceuticals Corporation (formerly Trimel Pharmaceuticals Corporation) Acerus Options Chabursky, Borys 4 04/03/2016 50 100,000 100,000 Pharmaceuticals Corporation (formerly Trimel Pharmaceuticals Corporation) Acerus Options Gregory, Stephen 4 04/03/2016 50 225,000 100,000 Pharmaceuticals Robert Corporation (formerly Trimel Pharmaceuticals Corporation) Acerus Options Hawkins, Matthew 5 04/03/2016 50 1,585,000 950,000 Pharmaceuticals Corporation (formerly Trimel Pharmaceuticals Corporation) Acerus Options Ihnatowycz, Ian 4, 6 04/03/2016 50 175,000 100,000 Pharmaceuticals Orest Corporation (formerly Trimel Pharmaceuticals Corporation) Acerus Common Shares Quintyne, Arlene 7 31/12/2015 00 12,500 Pharmaceuticals Corporation (formerly Trimel Pharmaceuticals Corporation) Acerus Options Quintyne, Arlene 7 31/12/2015 00 54,865 Pharmaceuticals Corporation (formerly Trimel Pharmaceuticals Corporation) Acerus Options Quintyne, Arlene 7 04/03/2016 50 154,865 100,000 Pharmaceuticals Corporation (formerly Trimel Pharmaceuticals Corporation) Acerus Options Reininghaus, Rolf 4, 5 04/03/2016 50 1,392,500 100,000 Pharmaceuticals Corporation (formerly Trimel Pharmaceuticals Corporation)

March 17, 2016 (2016), 39 OSCB 2488

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Acerus Options Rossi, Tom 5 04/03/2016 50 4,823,325 2,000,000 Pharmaceuticals Corporation (formerly Trimel Pharmaceuticals Corporation) Acerus Options Sherman, Jeffrey 4 04/03/2016 50 225,000 100,000 Pharmaceuticals Dennis Corporation (formerly Trimel Pharmaceuticals Corporation) Acerus Options Vejvoda, Josef 4 21/12/2015 00 Pharmaceuticals Corporation (formerly Trimel Pharmaceuticals Corporation) Acerus Options Vejvoda, Josef 4 04/03/2016 50 0.1 100,000 100,000 Pharmaceuticals Corporation (formerly Trimel Pharmaceuticals Corporation) ACTIVEnergy Income Trust Units ACTIVEnergy 1 04/03/2016 10 4.3329 33,007,538 -8,200 Fund Income Fund ACTIVEnergy Income Trust Units ACTIVEnergy 1 07/03/2016 10 4.45 33,006,238 -1,300 Fund Income Fund AcuityAds Holdings Common Shares Dent, Roger 4 10/03/2016 30 0.95 159,500 29,500 Inc. Aecon Group Inc. Common Shares Beck, John Michael 4, 5 04/03/2016 51 9.66 110,542 25,000 Aecon Group Inc. Options Beck, John Michael 4, 5 04/03/2016 51 9.66 20,000 -25,000 Aecon Group Inc. Restricted Share Beck, John Michael 4, 5 01/03/2016 30 225,454 96,415 Units Aecon Group Inc. Common Shares Butt, Michael 4 01/05/1998 00 Aecon Group Inc. Common Shares Butt, Michael 4 04/03/2016 51 9.66 25,000 25,000 Aecon Group Inc. Options Butt, Michael 4 04/03/2016 51 9.66 50,000 -25,000 Aecon Group Inc. Deferred Share MacCallum, Alistair 5 01/03/2016 57 23,127 12,310 Units Aecon Group Inc. Restricted Share McKibbon, Terrance 5 01/03/2016 56 214,695 96,415 Units Lloyd Aecon Group Inc. Deferred Share Palma, Paula 5 01/03/2016 56 93,961 38,606 Units Aecon Group Inc. Restricted Share Palma, Paula 5 11/08/2014 00 Units Aecon Group Inc. Restricted Share Palma, Paula 5 01/03/2016 56 8,539 8,539 Units Aecon Group Inc. Restricted Share Smales, David 5 01/03/2016 56 46,518 Units Andrew Aecon Group Inc. Restricted Share Smales, David 5 01/03/2016 56 94,751 46,518 Units Andrew Aecon Group Inc. Restricted Share Swartz, Lindsay 5 01/03/2016 56 32,661 16,478 Units Brian AEterna Zentaris Inc. Options Günther, Eckhard 5 13/12/2014 52 64,977 -3,333 AEterna Zentaris Inc. Options Günther, Eckhard 5 17/11/2015 37 -67,627 AEterna Zentaris Inc. Options Günther, Eckhard 5 17/11/2015 37 647 -64,330 AEterna Zentaris Inc. Common Shares Lemaire, Geneviève 5 18/02/2016 00 1,250 Africa Energy Corp. Options Budden, Alexander 5 01/03/2016 00 317,000 (formerly Horn James Petroleum Corporation) Africa Oil Corp. Options Budden, Alexander 5 16/04/2013 00 250,000 James Africa Oil Corp. Options Budden, Alexander 5 13/02/2014 50 8.44 418,000 168,000 James Africa Oil Corp. Options Budden, Alexander 5 23/01/2015 50 2.48 748,000 330,000 James African Gold Group, Options Brown, David 4 29/02/2016 50 1,550,000 800,000 Inc. African Gold Group, Options Cohen, Georges 3 18/03/2015 00 Inc. African Gold Group, Options Cohen, Georges 3 29/02/2016 50 500,000 500,000 Inc.

March 17, 2016 (2016), 39 OSCB 2489

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed African Gold Group, Options Durante, Marco J. 4, 5 29/02/2016 50 2,750,000 800,000 Inc. African Gold Group, Options Franzmann, Declan 4, 5 29/02/2016 50 3,800,000 800,000 Inc. Thomas African Gold Group, Common Shares Harwood, Antony 4 21/09/2015 00 Inc. African Gold Group, Common Shares Harwood, Antony 4 21/09/2015 00 Inc. African Gold Group, Options Harwood, Antony 4 21/09/2015 00 Inc. African Gold Group, Options Harwood, Antony 4 29/02/2016 50 500,000 500,000 Inc. African Gold Group, Options Lalande, Pierre 4 29/02/2016 50 1,800,000 500,000 Inc. African Gold Group, Options MacPherson, Jaimie 5 29/02/2016 50 900,000 500,000 Inc. Edward African Gold Group, Options Michalsen, Torben 5 29/02/2016 50 2,300,000 300,000 Inc. African Gold Group, Options Nikiforuk, Michael 3, 4, 5 29/02/2016 50 2,750,000 800,000 Inc. A.J. Agellan Commercial Units Camenzuli, Francis 4, 7, 5 10/03/2016 10 8.7555 68,641 915 Real Estate Investment Xavier Trust Agellan Commercial Units Camenzuli, Francis 4, 7, 5 10/03/2016 10 8.7555 374,914 5,400 Real Estate Investment Xavier Trust Agellan Commercial Units Camenzuli, Francis 4, 7, 5 10/03/2016 10 8.7555 183,863 2,485 Real Estate Investment Xavier Trust Agnico Eagle Mines Common Shares Blackburn, Alain 5 10/03/2016 51 37.05 10,023 5,000 Limited Agnico Eagle Mines Common Shares Blackburn, Alain 5 10/03/2016 10 47.867 5,023 -5,000 Limited Agnico Eagle Mines Common Shares Blackburn, Alain 5 10/03/2016 10 48.025 4,023 -1,000 Limited Agnico Eagle Mines Options Blackburn, Alain 5 10/03/2016 51 37.05 421,000 -5,000 Limited Agnico Eagle Mines Common Shares Datta, Picklu 5 10/03/2016 51 28.03 9,316 3,000 Limited Agnico Eagle Mines Common Shares Datta, Picklu 5 10/03/2016 10 48.39 6,316 -3,000 Limited Agnico Eagle Mines Options Datta, Picklu 5 10/03/2016 51 28.03 174,750 -3,000 Limited Agrium Inc. Common Shares Clark, Maura 4 24/02/2016 00 Agrium Inc. Common Shares Clark, Maura 4 09/03/2016 10 87.71 1,000 1,000 Aimia Inc. Rights - Adams, David L. 5 07/03/2016 58 - 69,048 -3,130 Performance Share Expiration Units - Aimia LTIP of rights Aimia Inc. Rights - Adams, David L. 5 07/03/2016 59 8.7 53,168 -15,880 Performance Share Units - Aimia LTIP Aimia Inc. Deferred Share Allsop, Marc 5 01/07/2013 00 Units Stephen Aimia Inc. Deferred Share Allsop, Marc 5 07/03/2016 56 8.7 2,778 2,778 Units Stephen Aimia Inc. Options Allsop, Marc 5 07/03/2016 50 227,167 98,364 Stephen Aimia Inc. Rights - Allsop, Marc 5 07/03/2016 56 8.7 44,276 20,214 Performance Share Stephen Units - Aimia LTIP Aimia Inc. Rights - Allsop, Marc 5 07/03/2016 58 - 43,570 -706 Performance Share Stephen Expiration Units - Aimia LTIP of rights Aimia Inc. Rights - Allsop, Marc 5 07/03/2016 59 8.7 39,990 -3,580 Performance Share Stephen Units - Aimia LTIP Aimia Inc. Options Baidwan, Shailesh 7 07/03/2016 50 217,289 117,015 Singh

March 17, 2016 (2016), 39 OSCB 2490

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Aimia Inc. Rights Baidwan, Shailesh 7 09/06/2014 00 Singh Aimia Inc. Rights Baidwan, Shailesh 7 07/03/2016 56 8.7 17,241 17,241 Singh Aimia Inc. Rights - Baidwan, Shailesh 7 07/03/2016 56 8.7 50,120 24,047 Performance Share Singh Units - Aimia LTIP Aimia Inc. Common Shares Duchesne, Rupert 4, 5 10/03/2016 10 8.5769 117,899 5,800 Aimia Inc. Options Duchesne, Rupert 4, 5 07/03/2016 50 2,171,056 637,637 Aimia Inc. Rights - Duchesne, Rupert 4, 5 07/03/2016 56 8.7 372,774 131,034 Performance Share Units - Aimia LTIP Aimia Inc. Rights - Duchesne, Rupert 4, 5 07/03/2016 58 - 364,340 -8,434 Performance Share Expiration Units - Aimia LTIP of rights Aimia Inc. Rights - Duchesne, Rupert 4, 5 07/03/2016 59 8.7 321,554 -42,786 Performance Share Units - Aimia LTIP Aimia Inc. Options Graham, Elizabeth 5 07/03/2016 50 631,759 167,799 Aimia Inc. Rights - Graham, Elizabeth 5 07/03/2016 56 8.7 88,306 34,483 Performance Share Units - Aimia LTIP Aimia Inc. Rights - Graham, Elizabeth 5 07/03/2016 58 - 85,671 -2,635 Performance Share Expiration Units - Aimia LTIP of rights Aimia Inc. Rights - Graham, Elizabeth 5 07/03/2016 59 8.7 72,296 -13,375 Performance Share Units - Aimia LTIP Aimia Inc. Options Johnston, David 7 07/03/2016 50 1,105,645 323,781 William Aimia Inc. Rights - Johnston, David 7 07/03/2016 56 8.7 161,684 66,537 Performance Share William Units - Aimia LTIP Aimia Inc. Rights - Johnston, David 7 07/03/2016 58 - 156,736 -4,948 Performance Share William Expiration Units - Aimia LTIP of rights Aimia Inc. Rights - Johnston, David 7 07/03/2016 59 8.7 131,634 -25,102 Performance Share William Units - Aimia LTIP Aimia Inc. Deferred Share Lips, Jan Pieter 7 07/03/2016 56 8.7 5,266 4,215 Units Aimia Inc. Options Lips, Jan Pieter 7 07/03/2016 50 370,497 127,873 Aimia Inc. Rights - Lips, Jan Pieter 7 07/03/2016 56 8.7 66,318 26,278 Performance Share Units - Aimia LTIP Aimia Inc. Rights - Lips, Jan Pieter 7 07/03/2016 58 - 64,908 -1,410 Performance Share Expiration Units - Aimia LTIP of rights Aimia Inc. Rights - Lips, Jan Pieter 7 07/03/2016 59 8.7 57,758 -7,150 Performance Share Units - Aimia LTIP Aimia Inc. Options Timpano, Vincent 5 07/03/2016 50 794,630 184,579 Robert Aimia Inc. Rights - Timpano, Vincent 5 07/03/2016 56 8.7 109,420 37,931 Performance Share Robert Units - Aimia LTIP Aimia Inc. Rights - Timpano, Vincent 5 07/03/2016 58 - 106,652 -2,768 Performance Share Robert Expiration Units - Aimia LTIP of rights Aimia Inc. Rights - Timpano, Vincent 5 07/03/2016 59 8.7 92,610 -14,042 Performance Share Robert Units - Aimia LTIP Aimia Inc. Deferred Share Walker, Sandy 5 17/10/2011 00 Units Aimia Inc. Deferred Share Walker, Sandy 5 07/03/2016 56 8.7 4,299 4,299 Units Aimia Inc. Options Walker, Sandy 5 07/03/2016 50 278,342 75,510

March 17, 2016 (2016), 39 OSCB 2491

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Aimia Inc. Rights - Walker, Sandy 5 07/03/2016 56 8.7 40,520 15,517 Performance Share Units - Aimia LTIP Aimia Inc. Rights - Walker, Sandy 5 07/03/2016 58 - 39,432 -1,088 Performance Share Expiration Units - Aimia LTIP of rights Aimia Inc. Rights - Walker, Sandy 5 07/03/2016 59 8.7 33,910 -5,522 Performance Share Units - Aimia LTIP Alacer Gold Corp. Common Shares Antal, Rod 5 05/03/2016 38 727,550 38,885 Alacer Gold Corp. RSU Antal, Rod 5 05/03/2016 38 1,517,540 -72,792 Alacer Gold Corp. Common Shares Murchison, Mark 5 05/03/2016 38 215,781 15,880 Edward Alacer Gold Corp. RSU Murchison, Mark 5 05/03/2016 38 451,828 -23,348 Edward AlarmForce Industries DSUs - can only be Côté, Alain 4 17/04/2014 00 Inc. exercised in cash AlarmForce Industries DSUs - can only be Côté, Alain 4 24/02/2016 56 313 313 Inc. exercised in cash AlarmForce Industries DSUs - can only be Peddie, Richard A. 4 17/04/2014 00 Inc. exercised in cash AlarmForce Industries DSUs - can only be Peddie, Richard A. 4 24/02/2016 56 313 313 Inc. exercised in cash Alaska Hydro Common Shares Grandison, Clifford 4, 5 02/03/2016 10 0.04 4,094,030 5,000 Corporation Allan Algonquin Power & Instalment Receipts Steeves, George 4 27/10/2009 00 Utilities Corp. Lester Algonquin Power & Instalment Receipts Steeves, George 4 04/03/2016 10 1000 $14,639 $14,639 Utilities Corp. Lester Alianza Minerals Ltd. Common Shares Brown, Mark 4 10/03/2016 10 0.145 995,000 20,000 (formerly Tarsis Thomas Resources Ltd.) Alimentation Couche- Unité d’action Bourque, Nathalie 4 04/03/2016 46 61.25 14,747 33 Tard Inc. différée Alimentation Couche- Unité d’action D’Amours, Jacques 4 04/03/2016 46 61.25 2,745 32 Tard Inc. différée Alimentation Couche- Unité d’action Fortin, Richard 4, 6, 04/03/2016 46 61.25 16,174 32 Tard Inc. différée 7, 5 Alimentation Couche- Unité d’action Kau, Mélanie 4 04/03/2016 46 61.25 60,871 33 Tard Inc. différée Alimentation Couche- Unité d’action Plourde, Réal 4, 6, 04/03/2016 46 61.25 2,579 32 Tard Inc. différée 7, 5 Alimentation Couche- Unité d’action Rabinowicz, Daniel 5 04/03/2016 46 61.25 3,108 17 Tard Inc. différée Alimentation Couche- Unité d’action Turmel, Jean 4 04/03/2016 46 61.25 94,834 32 Tard Inc. différée Allied Properties Real Options Emory, Michael R. 4, 5 03/03/2016 51 21.91 602,893 -114,199 Estate Investment Trust Allied Properties Real Units Emory, Michael R. 4, 5 03/03/2016 51 21.91 820,746 114,199 Estate Investment Trust Almaden Minerals Ltd. Common Shares Poliquin, James 4, 5 08/03/2016 10 0.94 2,152,336 2,400 Duane Almonty Industries Inc. Common Shares Black, Michael Lewis 4, 5 02/03/2016 10 0.2167 70,000 5,000 Almonty Industries Inc. Common Shares Black, Michael Lewis 4, 5 02/03/2016 10 0.2154 75,000 5,000 Almonty Industries Inc. Common Shares Black, Michael Lewis 4, 5 02/03/2016 10 0.2262 85,000 10,000 Almonty Industries Inc. Common Shares Black, Michael Lewis 4, 5 02/03/2016 16 0.25 274,000 189,000 Almonty Industries Inc. Warrants Black, Michael Lewis 4, 5 23/09/2011 00 Almonty Industries Inc. Warrants Black, Michael Lewis 4, 5 02/03/2016 16 0.3 94,500 Almonty Industries Inc. Warrants Black, Michael Lewis 4, 5 02/03/2016 16 0.3 94,500 94,500 AltaGas Ltd. Common Shares Cornhill, David 4, 5 31/12/2015 30 37.43 1,404,265 1,171 Wallace AltaGas Ltd. Common Shares Cornhill, David 4, 5 31/12/2015 30 35.37 1,405,012 747 Wallace AltaGas Ltd. Common Shares Harris, David 5 31/12/2015 30 37.43 24,887 1,283 Michael

March 17, 2016 (2016), 39 OSCB 2492

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed AltaGas Ltd. Common Shares Harris, David 5 31/12/2015 30 35.18 25,166 279 Michael AltaGas Ltd. Common Shares McCrank, Michael 4 04/03/2016 51 14.24 15,500 5,000 Neil AltaGas Ltd. Options at $14.24 McCrank, Michael 4 04/03/2016 51 14.24 15,000 -5,000 expiring December Neil 10, 2018 AltaGas Ltd. Common Shares Stein, Deborah 5 03/03/2016 51 59,714 7,500 Susan AltaGas Ltd. Common Shares Stein, Deborah 5 03/03/2016 10 33 52,214 -7,500 Susan AltaGas Ltd. Options at $14.24 Stein, Deborah 5 03/03/2016 51 14.24 17,500 -7,500 expiring December Susan 10, 2018 AltaGas Ltd. Common Shares Stout, Kent Eugene 5 31/12/2015 30 37.24 21,949 1,381 AltaGas Ltd. Common Shares Stout, Kent Eugene 5 31/12/2015 30 35.29 22,440 491 Altair Gold Inc. Common Shares Dhanani, Zahir 4, 5 07/03/2016 10 0.22 2,474,500 1,000 Altus Group Limited Common Share Bartolini, Angelo 5 08/03/2016 56 25,945 9,449 Performance Share Units Altus Group Limited Common Share Bartolini, Angelo 5 08/03/2016 58 - 24,967 -978 Performance Share Expiration Units of rights Altus Group Limited Common Share Bartolini, Angelo 5 08/03/2016 58 - 23,920 -1,047 Performance Share Expiration Units of rights Altus Group Limited Options Bartolini, Angelo 5 08/03/2016 50 19.64 22,000 8,000 Altus Group Limited Common Share Chande, Narendra 5 08/03/2016 56 13,039 4,134 Performance Share Units Altus Group Limited Common Share Chande, Narendra 5 08/03/2016 58 - 12,469 -570 Performance Share Expiration Units of rights Altus Group Limited Common Share Chande, Narendra 5 08/03/2016 58 - 11,946 -523 Performance Share Expiration Units of rights Altus Group Limited Options Chande, Narendra 5 08/03/2016 56 19.64 3,500 Altus Group Limited Options Chande, Narendra 5 08/03/2016 50 19.64 16,000 3,500 Altus Group Limited Common Share Commons, Michael 5 08/03/2016 56 13,039 4,134 Performance Share Units Altus Group Limited Common Share Commons, Michael 5 08/03/2016 58 - 12,469 -570 Performance Share Expiration Units of rights Altus Group Limited Common Share Commons, Michael 5 08/03/2016 58 - 11,946 -523 Performance Share Expiration Units of rights Altus Group Limited Options Commons, Michael 5 08/03/2016 50 19.64 16,000 3,500 Altus Group Limited Common Share COURTEAU, Robert 4, 5 08/03/2016 56 160,603 62,008 Performance Share G Units Altus Group Limited Common Share COURTEAU, Robert 4, 5 08/03/2016 58 - 153,880 -6,723 Performance Share G Expiration Units of rights Altus Group Limited Common Share COURTEAU, Robert 4, 5 08/03/2016 58 - -5,398 Performance Share G Expiration Units of rights Altus Group Limited Common Share COURTEAU, Robert 4, 5 08/03/2016 58 - 148,482 -5,398 Performance Share G Expiration Units of rights Altus Group Limited Options COURTEAU, Robert 4, 5 08/03/2016 50 19.64 230,833 52,500 G Altus Group Limited Common Share Derbyshire, Jim 5 08/03/2016 56 27,389 8,268 Performance Share Units Altus Group Limited Common Share Derbyshire, Jim 5 08/03/2016 58 - 26,085 -1,304 Performance Share Expiration Units of rights

March 17, 2016 (2016), 39 OSCB 2493

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Altus Group Limited Common Share Derbyshire, Jim 5 08/03/2016 58 - 25,039 -1,046 Performance Share Expiration Units of rights Altus Group Limited Options Derbyshire, Jim 5 08/03/2016 50 19.64 33,000 7,000 Altus Group Limited Common Share Eisen, Barry Isaac 5 08/03/2016 56 21,430 7,087 Performance Share Units Altus Group Limited Common Share Eisen, Barry Isaac 5 08/03/2016 58 - 20,452 -978 Performance Share Expiration Units of rights Altus Group Limited Common Share Eisen, Barry Isaac 5 08/03/2016 58 - 19,667 -785 Performance Share Expiration Units of rights Altus Group Limited Options Eisen, Barry Isaac 5 08/03/2016 50 19.64 18,000 6,000 Altus Group Limited Common Share Gurnsey, David Lee 5 08/03/2016 56 16,339 5,846 Performance Share Units Altus Group Limited Common Share Gurnsey, David Lee 5 08/03/2016 58 - 15,973 -366 Performance Share Expiration Units of rights Altus Group Limited Common Share Gurnsey, David Lee 5 08/03/2016 58 - 15,057 -916 Performance Share Expiration Units of rights Altus Group Limited Options Gurnsey, David Lee 5 08/03/2016 50 19.64 14,200 4,950 Altus Group Limited Common Share Johnston, Colin Boyd 5 08/03/2016 56 26,208 7,087 Performance Share Units Altus Group Limited Common Share Johnston, Colin Boyd 5 08/03/2016 58 - 24,904 -1,304 Performance Share Expiration Units of rights Altus Group Limited Common Share Johnston, Colin Boyd 5 08/03/2016 58 - 23,858 -1,046 Performance Share Expiration Units of rights Altus Group Limited Options Johnston, Colin Boyd 5 08/03/2016 50 19.64 42,000 6,000 Altus Group Limited Common Share McSweeney, Niall 5 08/03/2016 56 11,910 3,543 Performance Share Units Altus Group Limited Common Share McSweeney, Niall 5 08/03/2016 58 - 11,340 -570 Performance Share Expiration Units of rights Altus Group Limited Common Share McSweeney, Niall 5 08/03/2016 58 - 10,882 -458 Performance Share Expiration Units of rights Altus Group Limited Options McSweeney, Niall 5 08/03/2016 50 19.64 23,332 3,000 Altus Group Limited Common Share Pasini, Flora Anna 5 08/03/2016 56 13,392 4,429 Performance Share Units Altus Group Limited Common Share Pasini, Flora Anna 5 08/03/2016 58 - 12,781 -611 Performance Share Expiration Units of rights Altus Group Limited Common Share Pasini, Flora Anna 5 08/03/2016 58 - 12,291 -490 Performance Share Expiration Units of rights Altus Group Limited Options Pasini, Flora Anna 5 08/03/2016 50 19.64 11,250 3,750 Altus Group Limited Common Share Probyn, Alex 7 08/03/2016 56 23,819 7,087 Performance Share Units Altus Group Limited Common Share Probyn, Alex 7 08/03/2016 58 - 22,678 -1,141 Performance Share Expiration Units of rights Altus Group Limited Common Share Probyn, Alex 7 08/03/2016 58 - 21,762 -916 Performance Share Expiration Units of rights Altus Group Limited Options Probyn, Alex 7 08/03/2016 50 19.64 50,000 6,000 Altus Group Limited Common Share Ruggles III, Robert 5 08/03/2016 58 - 17,817 -1,304 Performance Share Knight Expiration Units of rights

March 17, 2016 (2016), 39 OSCB 2494

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Altus Group Limited Common Share Ruggles III, Robert 5 08/03/2016 58 - 16,771 -1,046 Performance Share Knight Expiration Units of rights Altus Group Limited Common Shares Ruggles III, Robert 5 04/03/2016 51 7.25 952,515 10,000 Knight Altus Group Limited Common Shares Ruggles III, Robert 5 04/03/2016 51 8.36 962,515 10,000 Knight Altus Group Limited Options Ruggles III, Robert 5 04/03/2016 51 7.25 36,000 -10,000 Knight Altus Group Limited Options Ruggles III, Robert 5 04/03/2016 51 8.36 26,000 -10,000 Knight Altus Group Limited Common Share Turrin, Liana 5 08/03/2016 56 21,430 7,087 Performance Share Units Altus Group Limited Common Share Turrin, Liana 5 08/03/2016 58 - 20,452 -978 Performance Share Expiration Units of rights Altus Group Limited Common Share Turrin, Liana 5 08/03/2016 58 - 19,667 -785 Performance Share Expiration Units of rights Altus Group Limited Options Turrin, Liana 5 08/03/2016 50 19.64 18,000 6,000 American Core Sectors Trust Units American Core 1 04/03/2016 10 10.04 2,368,480 -3,000 Dividend Fund Sectors Dividend Fund Anaconda Mining Inc. Common Shares Lawrick, Victor Lewis 4 07/03/2016 10 0.07 5,526,749 -100,000 Andrew Peller Limited Non-Voting Shares HOSSACK, 4 01/03/2016 30 23.09 9,000 750 (formerly Andrés Wines Class A RICHARD Ltd.) DOUGLAS Andrew Peller Limited Class B Voting Kernaghan, Edward 3 04/03/2016 10 26.01 326,900 -100 (formerly Andrés Wines Shares James Ltd.) Andrew Peller Limited Class B Voting Kernaghan, Edward 3 04/03/2016 10 27.93 326,700 -200 (formerly Andrés Wines Shares James Ltd.) Andrew Peller Limited Class B Voting Kernaghan, Edward 3 04/03/2016 10 26 325,700 -1,000 (formerly Andrés Wines Shares James Ltd.) Andrew Peller Limited Class B Voting Kernaghan, Edward 3 07/03/2016 10 30 325,500 -200 (formerly Andrés Wines Shares James Ltd.) Andrew Peller Limited Class B Voting Kernaghan, Edward 3 10/03/2016 10 30 325,200 -300 (formerly Andrés Wines Shares James Ltd.) Andrew Peller Limited Non-Voting Shares Kernaghan, Edward 3 04/03/2016 10 25.6 1,194,300 -5,700 (formerly Andrés Wines Class A James Ltd.) Andrew Peller Limited Non-Voting Shares Kernaghan, Edward 3 04/03/2016 10 25.51 1,193,700 -600 (formerly Andrés Wines Class A James Ltd.) Andrew Peller Limited Non-Voting Shares Kernaghan, Edward 3 04/03/2016 10 25.5 1,163,000 -30,700 (formerly Andrés Wines Class A James Ltd.) Andrew Peller Limited Non-Voting Shares Kernaghan, Edward 3 04/03/2016 10 25.84 1,162,700 -300 (formerly Andrés Wines Class A James Ltd.) Andrew Peller Limited Non-Voting Shares Kernaghan, Edward 3 04/03/2016 10 25.62 1,162,500 -200 (formerly Andrés Wines Class A James Ltd.) Andrew Peller Limited Non-Voting Shares Kernaghan, Edward 3 04/03/2016 10 25.61 1,161,300 -1,200 (formerly Andrés Wines Class A James Ltd.) Andrew Peller Limited Non-Voting Shares Kernaghan, Edward 3 04/03/2016 10 25.52 1,160,900 -400 (formerly Andrés Wines Class A James Ltd.) Andrew Peller Limited Non-Voting Shares Kernaghan, Edward 3 04/03/2016 10 25.7 1,160,400 -500 (formerly Andrés Wines Class A James Ltd.) Andrew Peller Limited Non-Voting Shares Kernaghan, Edward 3 04/03/2016 10 25.71 1,160,000 -400 (formerly Andrés Wines Class A James Ltd.)

March 17, 2016 (2016), 39 OSCB 2495

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Andrew Peller Limited Non-Voting Shares Kernaghan, Edward 3 07/03/2016 10 25.98 1,140,000 -20,000 (formerly Andrés Wines Class A James Ltd.) Andrew Peller Limited Non-Voting Shares MIELE, PERRY 4 01/03/2016 30 23.09 4,500 750 (formerly Andrés Wines Class A JOSEPH Ltd.) Andrew Peller Limited Non-Voting Shares PELLER, ANDREW 4 01/03/2016 30 23.09 4,450 750 (formerly Andrés Wines Class A ANGUS Ltd.) Andrew Peller Limited Non-Voting Shares Petch, John Frank 4 01/03/2016 30 23.09 7,000 750 (formerly Andrés Wines Class A Ltd.) Andrew Peller Limited Non-Voting Shares POWELL, RANDY 4 01/03/2016 30 23.09 4,500 750 (formerly Andrés Wines Class A ALAN Ltd.) Andrew Peller Limited Non-Voting Shares SHORT, BRIAN 4 01/03/2016 30 23.09 10,500 750 (formerly Andrés Wines Class A JAMES Ltd.) Antibe Therapeutics Common Shares Curtis, Scott Wilson 5 01/01/2016 00 Inc. Antibe Therapeutics Options Curtis, Scott Wilson 5 01/01/2016 00 Inc. Antibe Therapeutics Options Curtis, Scott Wilson 5 09/03/2016 50 0.145 450,000 450,000 Inc. Antibe Therapeutics Warrants Curtis, Scott Wilson 5 01/01/2016 00 Inc. Antibe Therapeutics Options Flower, Roderick 4 09/03/2016 50 0.145 475,000 250,000 Inc. John Antibe Therapeutics Options Legault, Daniel 4, 6, 5 09/03/2016 50 0.145 3,750,000 2,450,000 Inc. Marcel Antibe Therapeutics Options Macnee, Walter 4 09/03/2016 50 0.145 325,000 250,000 Inc. Minnes Antibe Therapeutics Options Sakhia, Samira 4 09/03/2016 50 0.145 375,000 250,000 Inc. Antibe Therapeutics Options Vaughan, David 5 09/03/2016 50 0.145 840,000 450,000 Inc. James Antibe Therapeutics Options Wallace, John 4, 6, 5 09/03/2016 50 0.145 3,800,000 2,200,000 Inc. Lawrence Antibe Therapeutics Common Shares Wilson, Alain 5 01/12/2015 00 14,181 Inc. Antibe Therapeutics Common Shares Wilson, Alain 5 01/12/2015 00 3,100 Inc. Antibe Therapeutics Options Wilson, Alain 5 01/12/2015 00 Inc. Antibe Therapeutics Options Wilson, Alain 5 09/03/2016 50 0.145 300,000 300,000 Inc. Antibe Therapeutics Warrants Wilson, Alain 5 01/12/2015 00 Inc. Appia Energy Corp. Options Johnstone, William 4, 5 17/02/2016 52 0 -200,000 Roy Arbutus Biopharma Common Shares Howard, Elizabeth 5 07/03/2016 00 Corporation Ann Arbutus Biopharma Options Howard, Elizabeth 5 07/03/2016 00 Corporation Ann ARC Resources Ltd. Common Shares Dielwart, John 4 16/02/2016 30 45,907 577 Patrick ARC Resources Ltd. Common Shares Dielwart, John 4 16/02/2016 97 24,307 1,373 Patrick ARC Resources Ltd. Common Shares Dielwart, John 4 16/02/2016 30 24,598 291 Patrick ARC Resources Ltd. Common Shares Dielwart, John 4 16/02/2016 97 1,809 550 Patrick ARC Resources Ltd. Common Shares Dielwart, John 4 16/02/2016 30 1,824 15 Patrick ARC Resources Ltd. Common Shares Dielwart, John 4 16/02/2016 97 2,155 550 Patrick ARC Resources Ltd. Common Shares Dielwart, John 4 16/02/2016 30 2,174 19 Patrick

March 17, 2016 (2016), 39 OSCB 2496

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed ARC Resources Ltd. Common Shares Dielwart, John 4 16/02/2016 30 1,987 24 Patrick ARC Resources Ltd. Common Shares Dielwart, John 4 16/02/2016 97 133,593 -550 Patrick ARC Resources Ltd. Common Shares Dielwart, John 4 16/02/2016 97 133,043 -550 Patrick ARC Resources Ltd. Common Shares Dielwart, John 4 16/02/2016 97 131,670 -1,373 Patrick ARC Resources Ltd. Common Shares Dielwart, John 4 16/02/2016 30 175,547 2,211 Patrick ARC Resources Ltd. Common Shares Dyment, Fred J. 4 15/02/2016 30 48,871 615 ARC Resources Ltd. Common Shares Groeneveld, Neil 5 15/02/2016 30 42,841 270 Adrian ARC Resources Ltd. Common Shares Stadnyk, Myron 4, 5 15/02/2016 30 278,449 3,507 Maurice Arcturus Growthstar Common Shares Withrow, MIke 6 07/03/2016 10 0.055 4,262,750 1,000 Technologies Inc. Withrow Arcturus Growthstar Common Shares Withrow, MIke 6 10/03/2016 10 0.055 4,312,750 50,000 Technologies Inc. Withrow Arcturus Growthstar Common Shares Withrow, MIke 6 11/03/2016 10 0.05 4,338,750 26,000 Technologies Inc. Withrow Arcturus Growthstar Common Shares Withrow, MIke 6 11/03/2016 10 0.055 4,342,750 4,000 Technologies Inc. Withrow Arsenal Energy Inc. Common Shares Forth, Ronald 5 10/03/2016 30 2.53 187,369 16,035 Francis Carter Arsenal Energy Inc. Common Shares Taylor, Gjoa 5 10/03/2016 30 1.42 21,689 4,301 Arsenal Energy Inc. Common Shares Taylor, Gjoa 5 10/03/2016 35 1.66 22,032 343 Asante Gold Common Shares Gibbs, Philip Neville 5 31/01/2012 00 100,000 Corporation Asante Gold Common Shares Gibbs, Philip Neville 5 04/03/2016 46 0.1 1,400,000 Corporation Asante Gold Common Shares Gibbs, Philip Neville 5 04/03/2016 97 0.1 1,500,000 1,400,000 Corporation Asante Gold Common Shares Goknet Mining 3 07/03/2016 97 0.1 4,795,000 2,385,000 Corporation Company Limited Asante Gold Common Shares Heath, Alexandre 4 11/04/2014 00 Corporation Nicolas Asante Gold Common Shares Heath, Alexandre 4 03/03/2016 11 0.1 215,000 215,000 Corporation Nicolas Asante Gold Options Heath, Alexandre 4 11/04/2014 00 Corporation Nicolas Asante Gold Options Heath, Alexandre 4 11/04/2014 00 200,000 Corporation Nicolas Atacama Pacific Gold Common Shares Harrington Global 3 03/03/2016 54 0.25 13,615,767 3,075,000 Corporation Limited Atacama Pacific Gold Warrants Harrington Global 3 03/03/2016 54 0 -3,075,000 Corporation Limited Atacama Pacific Gold Common Shares Harrington Global 3 03/03/2016 54 0.25 13,615,767 3,075,000 Corporation Opportunities Fund S.à.r.l. Atacama Pacific Gold Warrants Harrington Global 3 03/03/2016 54 0 -3,075,000 Corporation Opportunities Fund S.à.r.l. Athabasca Oil Common Shares Begley, Bryan 4 09/03/2016 00 400,010 Corporation Atlanta Gold Inc. Common Shares Jipangu Inc. 3 07/03/2016 00 2,950,000 Atlanta Gold Inc. Common Shares Jipangu Inc. 3 07/03/2016 16 0.069 4,700,000 1,750,000 Atlantic Gold Common Shares Beedie, Ryan K 3 08/03/2016 10 0.5396 19,759,848 257,000 Corporation (previously Spur Ventures Inc.) Atlantic Power Common Shares Cofelice, Joseph 5 04/03/2016 57 345,709 23,084 Corporation Edward Atlantic Power Notional Shares Cofelice, Joseph 5 04/03/2016 56 147,257 44,693 Corporation Edward Atlantic Power Notional Shares Cofelice, Joseph 5 04/03/2016 57 124,173 -23,084 Corporation Edward

March 17, 2016 (2016), 39 OSCB 2497

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Atlantic Power Notional Shares Moore, James J. 4, 5 03/03/2016 56 192,737 Corporation Atlantic Power Notional Shares Moore, James J. 4, 5 04/03/2016 56 715,993 192,737 Corporation Atlantic Power Common Shares Ronan, Terrence 5 04/03/2016 57 42,457 822 Corporation Atlantic Power Common Shares Ronan, Terrence 5 04/03/2016 57 91,672 49,215 Corporation Atlantic Power Common Shares Ronan, Terrence 5 04/03/2016 57 121,101 29,429 Corporation Atlantic Power Notional Shares Ronan, Terrence 5 04/03/2016 56 369,925 134,078 Corporation Atlantic Power Notional Shares Ronan, Terrence 5 04/03/2016 57 369,103 -822 Corporation Atlantic Power Notional Shares Ronan, Terrence 5 04/03/2016 57 319,888 -49,215 Corporation Atlantic Power Notional Shares Ronan, Terrence 5 04/03/2016 57 290,459 -29,429 Corporation AurCrest Gold Inc. Warrants Johnstone, William 4, 5 21/12/2015 55 0 -300,000 Roy AurCrest Gold Inc. Warrants Johnstone, William 4, 5 21/12/2015 55 100,000 -100,000 Roy Aurora Cannabis Inc. Common Shares Mayerson, 7 10/03/2016 97 -900,000 (formerly Prescient Christopher Mining Corp.) Aurora Cannabis Inc. Common Shares Mayerson, 7 10/03/2016 97 2,100,000 -900,000 (formerly Prescient Christopher Mining Corp.) Aurora Cannabis Inc. Common Shares Mayerson, 7 09/12/2014 00 (formerly Prescient Christopher Mining Corp.) Aurora Cannabis Inc. Common Shares Mayerson, 7 10/03/2016 97 900,000 900,000 (formerly Prescient Christopher Mining Corp.) Automodular Common Shares Automodular 1 01/02/2016 38 2.6 6,600 6,600 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 01/02/2016 38 2.6 0 -6,600 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 02/02/2016 38 2.6 6,300 6,300 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 02/02/2016 38 2.6 0 -6,300 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 03/02/2016 38 2.6 6,300 6,300 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 03/02/2016 38 2.6 0 -6,300 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 04/02/2016 38 2.6 5,000 5,000 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 04/02/2016 38 2.6 0 -5,000 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 05/02/2016 38 2.6 6,600 6,600 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 05/02/2016 38 2.6 0 -6,600 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 08/02/2016 38 2.6 6,600 6,600 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 08/02/2016 38 2.6 0 -6,600 Corporation (formerly Corporation Algonquin Mercantile)

March 17, 2016 (2016), 39 OSCB 2498

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Automodular Common Shares Automodular 1 09/02/2016 38 2.58 3,600 3,600 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 09/02/2016 38 2.58 0 -3,600 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 12/02/2016 38 2.58 142,000 142,000 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 12/02/2016 38 2.58 0 -142,000 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 18/02/2016 38 2.54 6,600 6,600 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 18/02/2016 38 2.54 0 -6,600 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 19/02/2016 38 2.55 4,500 4,500 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 19/02/2016 38 2.55 0 -4,500 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 22/02/2016 38 2.57 6,600 6,600 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 22/02/2016 38 2.57 0 -6,600 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 25/02/2016 38 2.58 500 500 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 25/02/2016 38 2.58 0 -500 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 26/02/2016 38 2.58 6,600 6,600 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 26/02/2016 38 2.58 0 -6,600 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 29/02/2016 38 2.6 6,600 6,600 Corporation (formerly Corporation Algonquin Mercantile) Automodular Common Shares Automodular 1 29/02/2016 38 2.6 0 -6,600 Corporation (formerly Corporation Algonquin Mercantile) Avala Resources Ltd. Warrants Dundee Precious 3 06/03/2016 55 0 -2,439,973 Metals Inc. Avanti Energy Inc. Common Shares Dove Energy B.V. 3 11/03/2016 16 0.07 12,770,000 250,000 Avanti Energy Inc. Warrants Dove Energy B.V. 3 11/03/2016 16 0.15 250,000 125,000 Avigilon Corporation Common Shares Fernandes, 4, 5 06/03/2016 57 1,355,276 16,937 Alexander Avigilon Corporation Restricted Share Fernandes, 4, 5 06/03/2016 57 111,075 -16,937 Units Alexander Avigilon Corporation Common Shares Henderson, James 5 31/12/2015 30 14.709 3,126 650 Avigilon Corporation Common Shares Henderson, James 5 06/03/2016 57 4,411 847 Avigilon Corporation Common Shares Henderson, James 5 06/03/2016 59 4,003 -408 Avigilon Corporation Restricted Share Henderson, James 5 06/03/2016 57 29,566 -847 Units Avigilon Corporation Common Shares Leong, Dick (Ric) 5 06/03/2016 57 2,693 1,693 Avigilon Corporation Common Shares Leong, Dick (Ric) 5 01/07/2015 00 Avigilon Corporation Common Shares Leong, Dick (Ric) 5 31/12/2015 30 15.01 499 499 Avigilon Corporation Common Shares Leong, Dick (Ric) 5 01/07/2015 00 Avigilon Corporation Common Shares Leong, Dick (Ric) 5 31/12/2015 30 16.259 625 625 Avigilon Corporation Restricted Share Leong, Dick (Ric) 5 06/03/2016 57 33,611 -1,693 Units

March 17, 2016 (2016), 39 OSCB 2499

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Avigilon Corporation Common Shares Saptharishi, Mahesh 5 06/03/2016 57 5,032 4,273 Avigilon Corporation Restricted Share Saptharishi, Mahesh 5 06/03/2016 57 43,663 -4,273 Units Axia NetMedia Common Shares Axia NetMedia 1 01/02/2016 38 2.87 20,008 5,836 Corporation Corporation Axia NetMedia Common Shares Axia NetMedia 1 02/02/2016 38 2.95 27,744 7,736 Corporation Corporation Axia NetMedia Common Shares Axia NetMedia 1 03/02/2016 38 2.9 31,780 4,036 Corporation Corporation Axia NetMedia Common Shares Axia NetMedia 1 04/02/2016 38 2.95 39,516 7,736 Corporation Corporation Axia NetMedia Common Shares Axia NetMedia 1 05/02/2016 38 2.93 47,252 7,736 Corporation Corporation Axia NetMedia Common Shares Axia NetMedia 1 05/02/2016 38 19,508 -27,744 Corporation Corporation Axia NetMedia Common Shares Axia NetMedia 1 08/02/2016 38 2.9 27,244 7,736 Corporation Corporation Axia NetMedia Common Shares Axia NetMedia 1 09/02/2016 38 2.9 34,980 7,736 Corporation Corporation Axia NetMedia Common Shares Axia NetMedia 1 10/02/2016 38 2.85 39,516 4,536 Corporation Corporation Axia NetMedia Common Shares Axia NetMedia 1 11/02/2016 38 2.79 47,252 7,736 Corporation Corporation Axia NetMedia Common Shares Axia NetMedia 1 12/02/2016 38 2.9 54,988 7,736 Corporation Corporation Axia NetMedia Common Shares Axia NetMedia 1 12/02/2016 38 20,008 -34,980 Corporation Corporation Axia NetMedia Common Shares Axia NetMedia 1 16/02/2016 38 2.89 27,744 7,736 Corporation Corporation Axia NetMedia Common Shares Axia NetMedia 1 17/02/2016 38 2.83 28,080 336 Corporation Corporation Axia NetMedia Common Shares Axia NetMedia 1 18/02/2016 38 2.9 35,816 7,736 Corporation Corporation Axia NetMedia Common Shares Axia NetMedia 1 19/02/2016 38 2.84 41,952 6,136 Corporation Corporation Axia NetMedia Common Shares Axia NetMedia 1 19/02/2016 38 14,208 -27,744 Corporation Corporation Axia NetMedia Common Shares Axia NetMedia 1 22/02/2016 38 2.83 21,944 7,736 Corporation Corporation Axia NetMedia Common Shares Axia NetMedia 1 23/02/2016 38 2.85 29,680 7,736 Corporation Corporation Axia NetMedia Common Shares Axia NetMedia 1 24/02/2016 38 2.83 34,716 5,036 Corporation Corporation Axia NetMedia Common Shares Axia NetMedia 1 25/02/2016 38 2.8 42,452 7,736 Corporation Corporation Axia NetMedia Common Shares Axia NetMedia 1 26/02/2016 38 2.81 49,588 7,136 Corporation Corporation Axia NetMedia Common Shares Axia NetMedia 1 26/02/2016 38 19,908 -29,680 Corporation Corporation Axia NetMedia Common Shares Axia NetMedia 1 29/02/2016 38 2.88 27,644 7,736 Corporation Corporation Axia NetMedia Common Shares Axia NetMedia 1 29/02/2016 38 22,608 -5,036 Corporation Corporation Axia NetMedia Common Shares Barrett, Cameron 5 05/02/2016 30 2.91 12,877 408 Corporation Axia NetMedia Common Shares Barrett, Cameron 5 18/02/2016 30 2.89 13,288 411 Corporation Axia NetMedia Common Shares Blake, Mark 5 18/02/2016 30 2.89 47,530 778 Corporation Axia NetMedia Common Shares Hartslief, Alan Guy 5 05/02/2016 30 2.91 326,398 483 Corporation Axia NetMedia Common Shares Hartslief, Alan Guy 5 18/02/2016 30 2.89 326,885 487 Corporation Axia NetMedia Common Shares Price, Arthur R. 4, 5 18/02/2016 30 2.89 2,258,654 3,243 Corporation Axia NetMedia Common Shares Price, Robert Arthur 5 18/02/2016 30 2.89 68,799 670 Corporation

March 17, 2016 (2016), 39 OSCB 2500

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Axia NetMedia Common Shares Skabar, Lindsay 5 05/02/2016 30 2.91 63,089 312 Corporation Jane Axia NetMedia Common Shares Skabar, Lindsay 5 18/02/2016 30 2.89 63,287 198 Corporation Jane Axia NetMedia Common Shares Tremaine, Dean 5 05/02/2016 30 2.91 10,861 408 Corporation Gordon Axia NetMedia Common Shares Tremaine, Dean 5 18/02/2016 30 2.89 11,272 411 Corporation Gordon Azarga Uranium Corp. Common Shares Molyneux, Alexander 3 07/03/2016 10 0.4 8,790,757 4,000 Ballard Power Systems Units Restricted Cass, Edward Paul 5 07/03/2016 58 - 52,098 -45,765 Inc. Share Units Expiration of rights Ballard Power Systems Units Restricted COLBOW, KEVIN 5 07/03/2016 58 - 57,321 -6,830 Inc. Share Units MICHAEL Expiration of rights Ballard Power Systems Units Restricted Guglielmin, Anthony 5 07/03/2016 58 - 132,099 -45,765 Inc. Share Units Robert Expiration of rights Ballard Power Systems Units Restricted Guzy, Christopher 5 07/03/2016 58 - 52,100 -45,765 Inc. Share Units Expiration of rights Ballard Power Systems Units Restricted HILLIER, KERRY 5 07/03/2016 58 - 26,060 -6,830 Inc. Share Units BRENT Expiration of rights Ballard Power Systems Units Restricted KASSAM, KARIM 5 07/03/2016 58 - 67,381 -12,295 Inc. Share Units Expiration of rights Ballard Power Systems Units Restricted Murray, Jay Francis 5 07/03/2016 58 - 26,063 -6,830 Inc. Share Units Expiration of rights Ballard Power Systems Units Restricted WHYTE, DAVID 5 07/03/2016 58 - 51,060 -6,830 Inc. Share Units MARTIN Expiration of rights Balmoral Resources Common Shares Disher, John Bryan 4 09/03/2016 00 Ltd. Banro Corporation Rights Gramercy Funds 3 31/08/2014 35 512 12 Exchangeable Management LLC Preferred Shares Banro Corporation Rights Gramercy Funds 3 30/11/2014 35 525 13 Exchangeable Management LLC Preferred Shares Banro Corporation Rights Gramercy Funds 3 28/02/2015 35 538 13 Exchangeable Management LLC Preferred Shares Banro Corporation Rights Gramercy Funds 3 26/02/2016 11 288 -250 Exchangeable Management LLC Preferred Shares Banro Corporation Rights Gramercy Funds 3 31/08/2014 35 20,504 504 Exchangeable Management LLC Preferred Shares Banro Corporation Rights Gramercy Funds 3 30/11/2014 35 21,015 511 Exchangeable Management LLC Preferred Shares Banro Corporation Rights Gramercy Funds 3 28/02/2015 35 21,533 518 Exchangeable Management LLC Preferred Shares Banro Corporation Rights Gramercy Funds 3 26/02/2016 11 11,533 -10,000 Exchangeable Management LLC Preferred Shares Banro Corporation Rights Gramercy Funds 3 31/08/2014 35 2,159 53 Exchangeable Management LLC Preferred Shares Banro Corporation Rights Gramercy Funds 3 30/11/2014 35 2,213 54 Exchangeable Management LLC Preferred Shares Banro Corporation Rights Gramercy Funds 3 28/02/2015 35 2,268 55 Exchangeable Management LLC Preferred Shares

March 17, 2016 (2016), 39 OSCB 2501

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Banro Corporation Rights Gramercy Funds 3 20/05/2015 35 3,069 57 Exchangeable Management LLC Preferred Shares Banro Corporation Rights Gramercy Funds 3 26/02/2016 11 1,644 -1,425 Exchangeable Management LLC Preferred Shares Banro Corporation Rights Gramercy Funds 3 31/08/2014 35 17,070 420 Exchangeable Management LLC Preferred Shares Banro Corporation Rights Gramercy Funds 3 30/11/2014 35 17,496 426 Exchangeable Management LLC Preferred Shares Banro Corporation Rights Gramercy Funds 3 28/02/2015 35 17,927 431 Exchangeable Management LLC Preferred Shares Banro Corporation Rights Gramercy Funds 3 26/02/2016 11 9,602 -8,325 Exchangeable Management LLC Preferred Shares Banro Corporation Warrants Gramercy Funds 3 28/02/2014 00 Management LLC Banro Corporation Warrants Gramercy Funds 3 26/02/2016 11 105,378 105,378 Management LLC Banro Corporation Warrants Gramercy Funds 3 28/02/2014 00 Management LLC Banro Corporation Warrants Gramercy Funds 3 26/02/2016 11 212,711 212,711 Management LLC Banro Corporation Warrants Gramercy Funds 3 28/02/2014 00 Management LLC Banro Corporation Warrants Gramercy Funds 3 26/02/2016 11 116,489 116,489 Management LLC Banro Corporation Warrants Gramercy Funds 3 28/02/2014 00 Management LLC Banro Corporation Warrants Gramercy Funds 3 26/02/2016 11 1,487,156 1,487,156 Management LLC Banro Corporation Warrants Gramercy Funds 3 28/02/2014 00 Management LLC Banro Corporation Warrants Gramercy Funds 3 26/02/2016 11 439,156 439,156 Management LLC Banro Corporation Warrants Gramercy Funds 3 26/02/2016 11 7,192,422 1,207,422 Management LLC Banyan Gold Corp. Common Shares Ayranto, Mark 3, 4 02/03/2016 10 1,186,500 10,000 Class “A” Banyan Gold Corp. Common Shares Haywood, Mark 4, 5 07/03/2016 10 0.075 398,000 12,000 Class “A” Stephen Richard Banyan Gold Corp. Common Shares Haywood, Mark 4, 5 07/03/2016 10 0.07 401,000 3,000 Class “A” Stephen Richard Barsele Minerals Corp. Warrants Cope, Gary Gordon 4 24/09/2015 53 0.3 750,000 Barsele Minerals Corp. Warrants Cope, Gary Gordon 4 24/09/2015 53 0.3 966,400 750,000 Barsele Minerals Corp. Warrants Cope, Gary Gordon 4 24/09/2015 53 0.3 990,000 Barsele Minerals Corp. Warrants Cope, Gary Gordon 4 24/09/2015 53 0.3 1,956,400 990,000 Barsele Minerals Corp. Warrants Cope, Gary Gordon 4 24/09/2015 53 0.3 271,000 Barsele Minerals Corp. Warrants Cope, Gary Gordon 4 24/09/2015 53 0.3 2,227,400 271,000 Barsele Minerals Corp. Warrants Freeze, Arthur 4 24/09/2015 53 0.3 120,000 Charles Barsele Minerals Corp. Warrants Freeze, Arthur 4 24/09/2015 53 0.3 192,500 120,000 Charles Barsele Minerals Corp. Warrants Whiting, Bernard 5 24/09/2015 53 0.3 90,000 Henry Barsele Minerals Corp. Warrants Whiting, Bernard 5 24/09/2015 53 0.3 90,000 90,000 Henry Barsele Minerals Corp. Warrants Wilmot, Ross 4, 5 24/09/2015 30 0.3 100,000 Barsele Minerals Corp. Warrants Wilmot, Ross 4, 5 24/09/2015 30 0.3 211,400 100,000 BCE Inc. Share Units Allen, Barry Keith 4 15/01/2015 35 55.17 14,158 152 BCE Inc. Share Units Allen, Barry Keith 4 31/03/2015 56 53.62 14,636 478 BCE Inc. Share Units Allen, Barry Keith 4 15/04/2015 35 54.65 14,805 169 BCE Inc. Share Units Allen, Barry Keith 4 30/06/2015 56 53.06 15,288 483

March 17, 2016 (2016), 39 OSCB 2502

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed BCE Inc. Share Units Allen, Barry Keith 4 15/07/2015 35 54.69 15,464 176 BCE Inc. Share Units Allen, Barry Keith 4 30/09/2015 56 54.62 15,933 469 BCE Inc. Share Units Allen, Barry Keith 4 15/10/2015 35 56.34 16,112 179 BCE Inc. Share Units Allen, Barry Keith 4 31/12/2015 56 53.46 16,591 479 BCE Inc. Options Bibic, Mirko 7 29/02/2016 50 58.39 79,924 BCE Inc. Options Bibic, Mirko 7 29/02/2016 50 58.39 215,595 79,924 BCE Inc. Share Units Brenneman, Ron A. 4 15/01/2015 35 55.17 54,108 592 BCE Inc. Share Units Brenneman, Ron A. 4 31/03/2015 56 53.62 54,690 582 BCE Inc. Share Units Brenneman, Ron A. 4 15/04/2015 35 54.65 55,333 643 BCE Inc. Share Units Brenneman, Ron A. 4 30/06/2015 56 53.06 55,922 589 BCE Inc. Share Units Brenneman, Ron A. 4 15/07/2015 35 54.69 56,579 657 BCE Inc. Share Units Brenneman, Ron A. 4 30/09/2015 56 54.62 57,151 572 BCE Inc. Share Units Brenneman, Ron A. 4 15/10/2015 35 56.34 57,804 653 BCE Inc. Share Units Brenneman, Ron A. 4 31/12/2015 56 53.46 58,389 585 BCE Inc. Share Units Brochu, Sophie 4 15/01/2015 35 55.17 22,589 239 BCE Inc. Share Units Brochu, Sophie 4 31/03/2015 56 53.62 23,544 955 BCE Inc. Share Units Brochu, Sophie 4 15/04/2015 35 54.65 23,813 269 BCE Inc. Share Units Brochu, Sophie 4 30/06/2015 56 53.06 24,779 966 BCE Inc. Share Units Brochu, Sophie 4 15/07/2015 35 54.69 25,062 283 BCE Inc. Share Units Brochu, Sophie 4 30/09/2015 56 54.62 26,000 938 BCE Inc. Share Units Brochu, Sophie 4 15/10/2015 35 56.34 26,289 289 BCE Inc. Share Units Brochu, Sophie 4 31/12/2015 56 53.46 27,248 959 BCE Inc. Options Brown, Charles 7 29/02/2016 50 58.39 79,924 BCE Inc. Options Brown, Charles 7 29/02/2016 50 58.39 231,956 79,924 BCE Inc. Share Units Brown, Robert Ellis 4 15/01/2015 35 55.17 14,298 152 BCE Inc. Share Units Brown, Robert Ellis 4 31/03/2015 56 53.62 14,822 524 BCE Inc. Share Units Brown, Robert Ellis 4 15/04/2015 35 54.65 14,992 170 BCE Inc. Share Units Brown, Robert Ellis 4 30/06/2015 56 53.06 15,522 530 BCE Inc. Share Units Brown, Robert Ellis 4 15/07/2015 35 54.69 15,700 178 BCE Inc. Share Units Brown, Robert Ellis 4 30/09/2015 56 54.62 16,214 514 BCE Inc. Share Units Brown, Robert Ellis 4 15/10/2015 35 56.34 16,396 182 BCE Inc. Share Units Brown, Robert Ellis 4 31/12/2015 56 53.46 16,922 526 BCE Inc. Options Cole, Michael 7 29/02/2016 50 58.39 79,924 BCE Inc. Options Cole, Michael 7 29/02/2016 50 58.39 468,032 79,924 BCE Inc. Options Cope, George 7 29/02/2016 50 58.39 375,640 BCE Inc. Options Cope, George 7 29/02/2016 50 58.39 1,485,013 375,640 BCE Inc. Share Units Denison, David 4 15/01/2015 35 55.17 9,684 95 Francis BCE Inc. Share Units Denison, David 4 31/03/2015 56 53.62 10,733 1,049 Francis BCE Inc. Share Units Denison, David 4 15/04/2015 35 54.65 10,848 115 Francis BCE Inc. Share Units Denison, David 4 30/06/2015 56 53.06 11,908 1,060 Francis BCE Inc. Share Units Denison, David 4 15/07/2015 35 54.69 12,036 128 Francis BCE Inc. Share Units Denison, David 4 30/09/2015 56 54.62 13,066 1,030 Francis BCE Inc. Share Units Denison, David 4 15/10/2015 35 56.34 13,205 139 Francis BCE Inc. Share Units Denison, David 4 31/12/2015 56 53.46 14,257 1,052 Francis BCE Inc. Share Units Dexter, Robert P. 4 31/03/2015 56 53.62 18,499 956 BCE Inc. Share Units Dexter, Robert P. 4 15/04/2015 35 54.65 18,708 209 BCE Inc. Share Units Dexter, Robert P. 4 30/06/2015 56 53.06 19,673 965 BCE Inc. Share Units Dexter, Robert P. 4 15/07/2015 35 54.69 19,896 223 BCE Inc. Share Units Dexter, Robert P. 4 30/09/2015 56 54.62 20,834 938 BCE Inc. Share Units Dexter, Robert P. 4 15/10/2015 35 56.34 21,064 230 BCE Inc. Share Units Dexter, Robert P. 4 31/12/2015 56 53.46 22,022 958 BCE Inc. Share Units Greenberg, Ian 4 15/01/2015 35 55.17 5,727 52

March 17, 2016 (2016), 39 OSCB 2503

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed BCE Inc. Share Units Greenberg, Ian 4 31/03/2015 56 53.62 6,205 478 BCE Inc. Share Units Greenberg, Ian 4 15/04/2015 35 54.65 6,273 68 BCE Inc. Share Units Greenberg, Ian 4 30/06/2015 56 53.06 7,239 966 BCE Inc. Share Units Greenberg, Ian 4 15/07/2015 35 54.69 7,313 74 BCE Inc. Share Units Greenberg, Ian 4 30/09/2015 56 54.62 8,252 939 BCE Inc. Share Units Greenberg, Ian 4 15/10/2015 35 56.34 8,336 84 BCE Inc. Share Units Greenberg, Ian 4 31/12/2015 56 53.46 9,295 959 BCE Inc. Options HOWE, STEPHEN 7 29/02/2016 50 58.39 105,499 GUY BCE Inc. Options HOWE, STEPHEN 7 29/02/2016 50 58.39 364,009 105,499 GUY BCE Inc. Options Jamal, Rizwan 7 29/02/2016 50 58.39 63,939 BCE Inc. Options Jamal, Rizwan 7 29/02/2016 50 58.39 190,637 63,939 BCE Inc. Options Kirby, Blaik 5 29/02/2016 50 58.39 63,939 BCE Inc. Options Kirby, Blaik 5 29/02/2016 50 58.39 245,990 63,939 BCE Inc. Options le Duc, Bernard 5 29/02/2016 50 58.39 79,924 BCE Inc. Options le Duc, Bernard 5 29/02/2016 50 58.39 201,550 79,924 BCE Inc. Options LeBlanc, Glen 5 29/02/2016 50 58.39 79,924 BCE Inc. Options LeBlanc, Glen 5 29/02/2016 50 58.39 136,105 79,924 BCE Inc. Share Units Lee, Katherine M 4 06/08/2015 00 BCE Inc. Share Units Lee, Katherine M 4 30/09/2015 56 54.62 571 571 BCE Inc. Share Units Lee, Katherine M 4 31/12/2015 56 53.46 1,529 958 BCE Inc. Options Little, Thomas (Tom) 7 29/02/2016 50 58.39 79,924 BCE Inc. Options Little, Thomas (Tom) 7 29/02/2016 50 58.39 231,956 79,924 BCE Inc. Share Units Nixon, Gordon 4 31/03/2015 56 53.62 1,562 956 Melbourne BCE Inc. Share Units Nixon, Gordon 4 15/04/2015 35 54.65 1,569 7 Melbourne BCE Inc. Share Units Nixon, Gordon 4 30/06/2015 56 53.06 2,535 966 Melbourne BCE Inc. Share Units Nixon, Gordon 4 15/07/2015 35 54.69 2,553 18 Melbourne BCE Inc. Share Units Nixon, Gordon 4 30/09/2015 56 54.62 3,492 939 Melbourne BCE Inc. Share Units Nixon, Gordon 4 15/10/2015 35 56.34 3,521 29 Melbourne BCE Inc. Share Units Nixon, Gordon 4 31/12/2015 56 53.46 4,480 959 Melbourne BCE Inc. Share Units O’Neill, Thomas 4 15/01/2015 35 55.17 57,466 614 Charles BCE Inc. Share Units O’Neill, Thomas 4 31/03/2015 56 53.62 59,447 1,981 Charles BCE Inc. Share Units O’Neill, Thomas 4 15/04/2015 35 54.65 60,130 683 Charles BCE Inc. Share Units O’Neill, Thomas 4 30/06/2015 56 53.06 62,133 2,003 Charles BCE Inc. Share Units O’Neill, Thomas 4 15/07/2015 35 54.69 62,848 715 Charles BCE Inc. Share Units O’Neill, Thomas 4 30/09/2015 56 54.62 64,793 1,945 Charles BCE Inc. Share Units O’Neill, Thomas 4 15/10/2015 35 56.34 65,518 725 Charles BCE Inc. Share Units O’Neill, Thomas 4 31/12/2015 56 53.46 67,505 1,987 Charles BCE Inc. Options Oosterman, Wade 7 29/02/2016 50 58.39 127,878 BCE Inc. Options Oosterman, Wade 7 29/02/2016 50 58.39 472,375 127,878 BCE Inc. Restricted Share Oosterman, Wade 7 07/03/2016 57 57.83 28,447 -124,396 Units BCE Inc. Share Units Oosterman, Wade 7 07/03/2016 57 57.83 689,478 124,396 BCE Inc. Share Units Simmonds, Robert 4 15/01/2015 35 55.17 16,222 168 BCE Inc. Share Units Simmonds, Robert 4 31/03/2015 56 53.62 17,178 956 BCE Inc. Share Units Simmonds, Robert 4 15/04/2015 35 54.65 17,371 193 BCE Inc. Share Units Simmonds, Robert 4 30/06/2015 56 53.06 18,337 966

March 17, 2016 (2016), 39 OSCB 2504

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed BCE Inc. Share Units Simmonds, Robert 4 15/07/2015 35 54.69 18,544 207 BCE Inc. Share Units Simmonds, Robert 4 30/09/2015 56 54.62 19,482 938 BCE Inc. Share Units Simmonds, Robert 4 15/10/2015 35 56.34 19,696 214 BCE Inc. Share Units Simmonds, Robert 4 31/12/2015 56 53.46 20,654 958 BCE Inc. Options Turcke, Mary Ann 7 29/02/2016 50 58.39 95,908 BCE Inc. Options Turcke, Mary Ann 7 29/02/2016 50 58.39 331,946 95,908 BCE Inc. Options Turcotte, Martine 5 29/02/2016 50 58.39 79,924 BCE Inc. Options Turcotte, Martine 5 29/02/2016 50 58.39 315,962 79,924 BCE Inc. Options Watson, John 7 29/02/2016 50 58.39 95,908 BCE Inc. Options Watson, John 7 29/02/2016 50 58.39 261,985 95,908 BCE Inc. Share Units Weiss, Paul 4 15/01/2015 35 55.17 28,611 310 Raymond BCE Inc. Share Units Weiss, Paul 4 31/03/2015 56 53.62 29,193 582 Raymond BCE Inc. Share Units Weiss, Paul 4 15/04/2015 35 54.65 29,533 340 Raymond BCE Inc. Share Units Weiss, Paul 4 30/06/2015 56 53.06 30,122 589 Raymond BCE Inc. Share Units Weiss, Paul 4 15/07/2015 35 54.69 30,473 351 Raymond BCE Inc. Share Units Weiss, Paul 4 30/09/2015 56 54.62 31,045 572 Raymond BCE Inc. Share Units Weiss, Paul 4 15/10/2015 35 56.34 31,396 351 Raymond BCE Inc. Share Units Weiss, Paul 4 31/12/2015 56 53.46 31,981 585 Raymond Beaufield Resources Warrants Eskelund-Hansen, 4, 5 04/03/2016 53 0.1 200,000 Inc. Jens Beaufield Resources Warrants Eskelund-Hansen, 4, 5 04/03/2016 16 0.1 200,000 200,000 Inc. Jens Beaufield Resources Common Shares Stephens, Mathieu 5 04/03/2016 11 0.05 200,000 Inc. Beaufield Resources Common Shares Stephens, Mathieu 5 04/03/2016 16 0.05 503,000 200,000 Inc. Beaufield Resources Warrants Stephens, Mathieu 5 07/01/2016 00 Inc. Beaufield Resources Warrants Stephens, Mathieu 5 07/01/2016 00 Inc. Beaufield Resources Warrants Stephens, Mathieu 5 07/01/2016 00 Inc. Beaufield Resources Warrants Stephens, Mathieu 5 04/03/2016 16 0.1 200,000 200,000 Inc. Bengal Energy Ltd. Common Shares MacMahon, Gordon 5 09/12/2015 30 0.1707 7,615 R Bengal Energy Ltd. Common Shares MacMahon, Gordon 5 09/12/2015 30 0.1707 251,679 7,615 R Big Rock Brewery Inc. Rights Share Feit, Barbara 5 10/03/2016 56 100,500 12,000 Appreciation Rights (SARs) Big Rock Brewery Inc. Rights Share Gautreau, Paul 5 10/03/2016 56 100,500 12,000 Appreciation Rights Henry (SARs) Big Rock Brewery Inc. Rights Share Girard, Shelley Paige 5 10/03/2016 56 20,000 10,000 Appreciation Rights (SARs) Big Rock Brewery Inc. Rights Share McNally-Leitch, 4 10/03/2016 56 25,500 3,000 Appreciation Rights Kathleen Margaret (SARs) Big Rock Brewery Inc. Rights Share Peters, Jay Alan 4 10/03/2016 56 17,400 3,000 Appreciation Rights John (SARs) Big Rock Brewery Inc. Rights Share Peters, Robert 4 10/03/2016 56 5.12 25,500 3,000 Appreciation Rights George (SARs) Big Rock Brewery Inc. Options Sartor, Robert 5 10/09/2015 50 58,500 Big Rock Brewery Inc. Options Sartor, Robert 5 10/09/2015 50 468,000 58,500

March 17, 2016 (2016), 39 OSCB 2505

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Big Rock Brewery Inc. Options Sartor, Robert 5 10/03/2016 50 526,500 58,500 Big Rock Labs Inc. Common Shares Seemann, Harald 4 09/03/2016 10 0.44 11,956,170 -10,000 Big Rock Labs Inc. Common Shares Seemann, Harald 4 09/03/2016 10 0.46 11,946,170 -10,000 Big Rock Labs Inc. Common Shares Seemann, Harald 4 11/03/2016 10 0.43 11,912,770 -33,400 BioSyent Inc. Common Shares Wakefield, Milt 4 09/03/2016 10 6.944 109,500 -4,000 BIOTEQ Common Shares Tingley, Hall 3 04/03/2016 10 0.02 10,630,726 3,000 ENVIRONMENTAL TECHNOLOGIES INC. BIOTEQ Common Shares Tingley, Hall 3 07/03/2016 10 0.02 10,700,726 70,000 ENVIRONMENTAL TECHNOLOGIES INC. BIOTEQ Common Shares Tingley, Hall 3 08/03/2016 10 0.02 10,780,726 80,000 ENVIRONMENTAL TECHNOLOGIES INC. BIOTEQ Common Shares Tingley, Hall 3 11/03/2016 10 0.02 10,781,726 1,000 ENVIRONMENTAL TECHNOLOGIES INC. Blue Ribbon Income Trust Units Blue Ribbon Income 1 01/02/2016 38 7.78 3,000 3,000 Fund (formerly Citadel Fund Diversified Investment Trust) Blue Ribbon Income Trust Units Blue Ribbon Income 1 01/02/2016 38 7.78 0 -3,000 Fund (formerly Citadel Fund Diversified Investment Trust) Blue Ribbon Income Trust Units Blue Ribbon Income 1 02/02/2016 38 7.73 3,000 3,000 Fund (formerly Citadel Fund Diversified Investment Trust) Blue Ribbon Income Trust Units Blue Ribbon Income 1 02/02/2016 38 7.73 0 -3,000 Fund (formerly Citadel Fund Diversified Investment Trust) Blue Ribbon Income Trust Units Blue Ribbon Income 1 04/02/2016 38 7.73 3,000 3,000 Fund (formerly Citadel Fund Diversified Investment Trust) Blue Ribbon Income Trust Units Blue Ribbon Income 1 04/02/2016 38 7.73 0 -3,000 Fund (formerly Citadel Fund Diversified Investment Trust) Blue Ribbon Income Trust Units Blue Ribbon Income 1 05/02/2016 38 7.8 3,000 3,000 Fund (formerly Citadel Fund Diversified Investment Trust) Blue Ribbon Income Trust Units Blue Ribbon Income 1 05/02/2016 38 7.8 0 -3,000 Fund (formerly Citadel Fund Diversified Investment Trust) Blue Ribbon Income Trust Units Blue Ribbon Income 1 08/02/2016 38 7.64 3,000 3,000 Fund (formerly Citadel Fund Diversified Investment Trust) Blue Ribbon Income Trust Units Blue Ribbon Income 1 08/02/2016 38 7.64 0 -3,000 Fund (formerly Citadel Fund Diversified Investment Trust) Blue Ribbon Income Trust Units Blue Ribbon Income 1 09/02/2016 38 7.62 3,000 3,000 Fund (formerly Citadel Fund Diversified Investment Trust) Blue Ribbon Income Trust Units Blue Ribbon Income 1 09/02/2016 38 7.62 0 -3,000 Fund (formerly Citadel Fund Diversified Investment Trust) Blue Ribbon Income Trust Units Blue Ribbon Income 1 11/02/2016 38 7.55 3,000 3,000 Fund (formerly Citadel Fund Diversified Investment Trust)

March 17, 2016 (2016), 39 OSCB 2506

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Blue Ribbon Income Trust Units Blue Ribbon Income 1 11/02/2016 38 7.55 0 -3,000 Fund (formerly Citadel Fund Diversified Investment Trust) Blue Ribbon Income Trust Units Blue Ribbon Income 1 11/02/2016 38 7.4 3,000 3,000 Fund (formerly Citadel Fund Diversified Investment Trust) Blue Ribbon Income Trust Units Blue Ribbon Income 1 11/02/2016 38 7.4 0 -3,000 Fund (formerly Citadel Fund Diversified Investment Trust) Blue Ribbon Income Trust Units Blue Ribbon Income 1 19/02/2016 38 7.78 3,000 3,000 Fund (formerly Citadel Fund Diversified Investment Trust) Blue Ribbon Income Trust Units Blue Ribbon Income 1 19/02/2016 38 7.78 0 -3,000 Fund (formerly Citadel Fund Diversified Investment Trust) Blue Ribbon Income Trust Units Blue Ribbon Income 1 23/02/2016 38 7.92 3,000 3,000 Fund (formerly Citadel Fund Diversified Investment Trust) Blue Ribbon Income Trust Units Blue Ribbon Income 1 23/02/2016 38 7.92 0 -3,000 Fund (formerly Citadel Fund Diversified Investment Trust) Blue Ribbon Income Trust Units Blue Ribbon Income 1 23/02/2016 38 7.77 2,800 2,800 Fund (formerly Citadel Fund Diversified Investment Trust) Blue Ribbon Income Trust Units Blue Ribbon Income 1 23/02/2016 38 7.77 0 -2,800 Fund (formerly Citadel Fund Diversified Investment Trust) Blue Ribbon Income Trust Units Blue Ribbon Income 1 24/02/2016 38 7.77 3,000 3,000 Fund (formerly Citadel Fund Diversified Investment Trust) Blue Ribbon Income Trust Units Blue Ribbon Income 1 24/02/2016 38 7.77 0 -3,000 Fund (formerly Citadel Fund Diversified Investment Trust) Blue Ribbon Income Trust Units Blue Ribbon Income 1 25/02/2016 38 7.87 3,000 3,000 Fund (formerly Citadel Fund Diversified Investment Trust) Blue Ribbon Income Trust Units Blue Ribbon Income 1 25/02/2016 38 7.87 0 -3,000 Fund (formerly Citadel Fund Diversified Investment Trust) Blue Ribbon Income Trust Units Blue Ribbon Income 1 26/02/2016 38 7.81 3,000 3,000 Fund (formerly Citadel Fund Diversified Investment Trust) Blue Ribbon Income Trust Units Blue Ribbon Income 1 26/02/2016 38 7.81 0 -3,000 Fund (formerly Citadel Fund Diversified Investment Trust) Boardwalk Real Estate Deferred Units Chidley, William 5 07/03/2016 30 53.17 26,983 -3,744 Investment Trust (Convert to TU Glenn and/or cash) Boardwalk Real Estate Trust Units Chidley, William 5 07/03/2016 30 53.17 26,222 3,744 Investment Trust Glenn Boardwalk Real Estate Deferred Units DEWALD, James 4 07/03/2016 30 53.17 7,469 -170 Investment Trust (Convert to TU Richard and/or cash) Boardwalk Real Estate Trust Units DEWALD, James 4 07/03/2016 30 53.17 17,441 170 Investment Trust Richard Boardwalk Real Estate Trust Units Mahajan, Kelly 5 08/03/2016 10 52.24 1,506 -200 Investment Trust Kulwant

March 17, 2016 (2016), 39 OSCB 2507

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Boardwalk Real Estate Trust Units Mix, Helen May 5 09/03/2016 10 53.5 3,677 -2,502 Investment Trust Bradstone Capital Subordinate Voting Allen, Michael Stuart 4 08/09/2015 36 991,212 782,879 Corp. Shares Bradstone Capital Subordinate Voting Allen, Michael Stuart 4 30/12/2015 00 208,333 Corp. Shares Bradstone Capital Multiple Voting Carmichael, 4, 5 31/12/2015 00 6,500 Corp. Shares Christopher Alan Bradstone Capital Subordinate Voting Carmichael, 4, 5 31/12/2015 00 13,000 Corp. Shares Christopher Alan Bradstone Capital Multiple Voting Ewart, Jason 4 31/12/2015 00 361,835 Corp. Shares Bradstone Capital Subordinate Voting Ewart, Jason 4 31/12/2015 00 723,671 Corp. Shares BrightPath Early Deferred Share Bradbeer, Kathryn 5 04/03/2016 56 239,744 125,281 Learning Inc. (formerly Units Elizabeth Edleun Group, Inc.) BrightPath Early Common Shares BrightPath Early 1 07/03/2016 38 0.31 50,000 10,000 Learning Inc. (formerly Learning Inc. Edleun Group, Inc.) BrightPath Early Common Shares BrightPath Early 1 09/03/2016 38 0.31 60,000 10,000 Learning Inc. (formerly Learning Inc. Edleun Group, Inc.) BrightPath Early Common Shares BrightPath Early 1 10/03/2016 38 0.3115 70,000 10,000 Learning Inc. (formerly Learning Inc. Edleun Group, Inc.) BrightPath Early Common Shares BrightPath Early 1 11/03/2016 38 0.314 80,000 10,000 Learning Inc. (formerly Learning Inc. Edleun Group, Inc.) BrightPath Early Deferred Share Curran, Mary Ann 5 04/03/2016 56 495,462 244,320 Learning Inc. (formerly Units Edleun Group, Inc.) BrightPath Early Deferred Share Kearns, Dale Patrick 5 04/03/2016 56 350,606 212,451 Learning Inc. (formerly Units Edleun Group, Inc.) Brixton Metals Common Shares Posescu, Sorin 5 10/03/2016 10 0.125 23,728 3,000 Corporation Brookfield Asset Common Shares Cockwell, Jack Lynn 4, 6 07/03/2016 11 8,032,849 180,999 Management Inc. Class A Limited Voting Brookfield Asset Deferred Share Cockwell, Jack Lynn 4, 6 07/03/2016 30 656,774 9,215 Management Inc. Units Brookfield Asset Deferred Share Harding, Robert J 4 07/03/2016 30 602,501 8,441 Management Inc. Units Brookfield Asset Common Shares Kerr, David Wylie 4, 6 07/03/2016 11 2,409,856 54,300 Management Inc. Class A Limited Voting Brookfield Asset Common Shares Myhal, George 6 07/03/2016 11 8,203,494 157,181 Management Inc. Class A Limited Voting Brookfield Asset Deferred Share Myhal, George 6 23/02/2016 56 30.586 972,604 14,250 Management Inc. Units Brookfield Asset Deferred Share Myhal, George 6 07/03/2016 30 13,664 Management Inc. Units Brookfield Asset Deferred Share Myhal, George 6 07/03/2016 30 13,664 Management Inc. Units Brookfield Asset Deferred Share Myhal, George 6 07/03/2016 30 986,268 13,664 Management Inc. Units Brookfield Property Limited Partnership Brookfield Property 1 08/02/2016 10 27.57 250,000 250,000 Partners L.P. Units Partners L.P. Brookfield Property Limited Partnership Brookfield Property 1 11/02/2016 10 26.256 290,000 40,000 Partners L.P. Units Partners L.P. Brookfield Property Limited Partnership Brookfield Property 1 11/02/2016 10 18.834 351,156 61,156 Partners L.P. Units Partners L.P. Brookfield Property Limited Partnership Brookfield Property 1 11/02/2016 10 0 -351,156 Partners L.P. Units Partners L.P. BSM Technologies Inc. Common Shares BSM Technologies 1 02/02/2016 38 0.8695 1,002,000 527,000 Inc.

March 17, 2016 (2016), 39 OSCB 2508

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed BSM Technologies Inc. Common Shares BSM Technologies 1 03/02/2016 38 0.86 535,500 8,500 Inc. BSM Technologies Inc. Common Shares BSM Technologies 1 03/02/2016 38 0.87 50,000 Inc. BSM Technologies Inc. Common Shares BSM Technologies 1 04/02/2016 38 0.87 585,500 50,000 Inc. BSM Technologies Inc. Common Shares BSM Technologies 1 05/02/2016 38 0.8858 615,500 30,000 Inc. BSM Technologies Inc. Common Shares BSM Technologies 1 08/02/2016 38 0.88 645,500 30,000 Inc. BSM Technologies Inc. Common Shares BSM Technologies 1 08/02/2016 38 118,500 -527,000 Inc. BSM Technologies Inc. Common Shares BSM Technologies 1 09/02/2016 38 0.8975 148,500 30,000 Inc. BSM Technologies Inc. Common Shares BSM Technologies 1 10/02/2016 38 0.89 178,500 30,000 Inc. BSM Technologies Inc. Common Shares BSM Technologies 1 11/02/2016 38 0.87 204,500 26,000 Inc. BSM Technologies Inc. Common Shares BSM Technologies 1 16/02/2016 38 0.882 254,500 50,000 Inc. BSM Technologies Inc. Common Shares BSM Technologies 1 17/02/2016 38 0.8848 295,000 40,500 Inc. BSM Technologies Inc. Common Shares BSM Technologies 1 18/02/2016 38 0.87 344,000 49,000 Inc. BSM Technologies Inc. Common Shares BSM Technologies 1 19/02/2016 38 0.93 374,000 30,000 Inc. BSM Technologies Inc. Common Shares BSM Technologies 1 22/02/2016 38 0.93 404,000 30,000 Inc. BSM Technologies Inc. Common Shares BSM Technologies 1 23/02/2016 38 0.96 434,000 30,000 Inc. BSM Technologies Inc. Common Shares BSM Technologies 1 24/02/2016 38 0.95 464,000 30,000 Inc. BSM Technologies Inc. Common Shares BSM Technologies 1 25/02/2016 38 1 6,464,000 6,000,000 Inc. BSM Technologies Inc. Common Shares BSM Technologies 1 29/02/2016 38 6,000,000 -464,000 Inc. BSM Technologies Inc. Common Shares BSM Technologies 1 03/03/2016 38 0 -6,000,000 Inc. Buhler Industries Inc. Common Shares Buhler, John 3, 4 07/03/2016 10 4.95 2,820,150 1,100 Buhler Industries Inc. Common Shares Buhler, John 3, 4 09/03/2016 10 4.95 2,820,250 100 Buhler Industries Inc. Common Shares Buhler, John 3, 4 10/03/2016 10 4.95 2,821,350 1,100 Builders Capital Non-Voting Shares Loutitt, Sandy Luke 3, 4 11/03/2016 10 9.41 2,800 500 Mortgage Corp. Class A CAE Inc. Common Shares CAE INC. 1 15/03/2004 00 CAE Inc. Common Shares CAE INC. 1 23/02/2016 38 14.8 21,500 21,500 CAE Inc. Common Shares CAE INC. 1 24/02/2016 38 14.8 43,000 21,500 CAE Inc. Common Shares CAE INC. 1 25/02/2016 38 14.94 63,900 20,900 CAE Inc. Common Shares CAE INC. 1 26/02/2016 38 14.97 85,400 21,500 CAE Inc. Common Shares CAE INC. 1 29/02/2016 38 14.95 106,900 21,500 CAE Inc. Common Shares CAE INC. 1 29/02/2016 38 0 -106,900 Caldwell U.S. Dividend Units Caldwell US 1 08/03/2016 38 8.4 145,900 2,000 Advantage Fund Dividend Advantage Fund Caldwell U.S. Dividend Units Caldwell US 1 09/03/2016 38 8.4 147,900 2,000 Advantage Fund Dividend Advantage Fund Caldwell U.S. Dividend Units Caldwell US 1 10/03/2016 38 8.55 149,900 2,000 Advantage Fund Dividend Advantage Fund Calfrac Well Services Performance Share Aguilar, Fernando 4, 5 23/02/2016 38 639,330 -99,665 Ltd. Units Calfrac Well Services RSU Brown, James 5 07/03/2016 56 43,333 35,000 Ltd. Michael Calfrac Well Services RSU Ellingson, Mark Ryan 5 07/03/2016 56 22,000 20,000 Ltd.

March 17, 2016 (2016), 39 OSCB 2509

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Calfrac Well Services RSU Gall, Christopher 5 07/03/2016 56 45,001 35,000 Ltd. Kenneth Calfrac Well Services Common Shares Gartner, Lorne 4 15/10/2015 10 1.45 24 Ltd. Calfrac Well Services Common Shares Gartner, Lorne 4 15/10/2015 10 1.45 9 Ltd. Calfrac Well Services Common Shares Gartner, Lorne 4 15/01/2016 10 1.4593 24 Ltd. Calfrac Well Services Common Shares Gartner, Lorne 4 15/10/2015 10 1.45 4,237 9 Ltd. Calfrac Well Services Common Shares Gartner, Lorne 4 15/01/2016 10 1.4593 4,261 24 Ltd. Calfrac Well Services RSU Kuntz, Roderick Pius 5 07/03/2016 56 45,001 35,000 Ltd. Calfrac Well Services RSU Kuracz, Gerardo 5 07/03/2016 56 44,834 35,000 Ltd. Daniel Calfrac Well Services RSU Leier, Chad Jeremy 5 07/03/2016 56 31,334 20,000 Ltd. Calfrac Well Services RSU Link, Lindsay Robert 5 07/03/2016 56 98,333 75,000 Ltd. Calfrac Well Services RSU Medvedic, Tom 5 07/03/2016 56 53,334 40,000 Ltd. Calfrac Well Services RSU Mignault, Matthew 5 07/03/2016 56 13,933 10,000 Ltd. Calfrac Well Services RSU Oke, Edward 5 07/03/2016 56 47,501 37,500 Ltd. Calfrac Well Services RSU Olinek, Michael 5 07/03/2016 56 33,000 25,000 Ltd. Dean Calfrac Well Services RSU Paslawski, Basil 5 07/03/2016 56 63,333 50,000 Ltd. Mark Calfrac Well Services RSU Payne, Frederick 5 07/03/2016 56 53,334 40,000 Ltd. Bruce Calfrac Well Services RSU Rokosh, Gary John 5 07/03/2016 56 25,167 17,500 Ltd. Calfrac Well Services RSU Sutherland, Robert 5 07/03/2016 56 50,001 40,000 Ltd. Calfrac Well Services RSU Toney, Freddie Lynn 5 07/03/2016 56 48,667 40,000 Ltd. Canadian High Income Units Canadian High 1 11/02/2015 38 7.45 1,300 Equity Fund Income Equity Fund Canadian High Income Units Canadian High 1 01/02/2016 38 7.97 800 800 Equity Fund Income Equity Fund Canadian High Income Units Canadian High 1 01/02/2016 38 7.97 0 -800 Equity Fund Income Equity Fund Canadian High Income Units Canadian High 1 02/02/2016 38 7.96 3,000 3,000 Equity Fund Income Equity Fund Canadian High Income Units Canadian High 1 02/02/2016 38 7.96 0 -3,000 Equity Fund Income Equity Fund Canadian High Income Units Canadian High 1 02/02/2016 38 7.81 2,800 2,800 Equity Fund Income Equity Fund Canadian High Income Units Canadian High 1 02/02/2016 38 7.81 0 -2,800 Equity Fund Income Equity Fund Canadian High Income Units Canadian High 1 05/02/2016 38 7.91 800 800 Equity Fund Income Equity Fund Canadian High Income Units Canadian High 1 05/02/2016 38 7.91 0 -800 Equity Fund Income Equity Fund Canadian High Income Units Canadian High 1 08/02/2016 38 7.9 3,000 3,000 Equity Fund Income Equity Fund Canadian High Income Units Canadian High 1 08/02/2016 38 7.9 0 -3,000 Equity Fund Income Equity Fund Canadian High Income Units Canadian High 1 09/02/2016 38 7.74 1,800 1,800 Equity Fund Income Equity Fund Canadian High Income Units Canadian High 1 09/02/2016 38 7.74 0 -1,800 Equity Fund Income Equity Fund Canadian High Income Units Canadian High 1 11/02/2016 38 7.45 1,300 1,300 Equity Fund Income Equity Fund

March 17, 2016 (2016), 39 OSCB 2510

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Canadian High Income Units Canadian High 1 11/02/2016 38 7.45 0 -1,300 Equity Fund Income Equity Fund Canadian High Income Units Canadian High 1 24/02/2016 38 7.84 1,700 1,700 Equity Fund Income Equity Fund Canadian High Income Units Canadian High 1 24/02/2016 38 7.84 0 -1,700 Equity Fund Income Equity Fund Canadian Imperial Common Shares Capatides, Michael 7, 5 08/03/2016 51 79.55 38,242 24,297 Bank of Commerce Canadian Imperial Common Shares Capatides, Michael 7, 5 08/03/2016 10 94.65 13,945 -24,297 Bank of Commerce Canadian Imperial Common Shares Capatides, Michael 7, 5 08/03/2016 51 78.5 28,316 14,371 Bank of Commerce Canadian Imperial Common Shares Capatides, Michael 7, 5 08/03/2016 10 94.65 13,945 -14,371 Bank of Commerce Canadian Imperial Common Shares Capatides, Michael 7, 5 08/03/2016 51 71.54 37,845 23,900 Bank of Commerce Canadian Imperial Common Shares Capatides, Michael 7, 5 08/03/2016 10 94.77 13,945 -23,900 Bank of Commerce Canadian Imperial Options Capatides, Michael 7, 5 08/03/2016 51 165,450 -24,297 Bank of Commerce Canadian Imperial Options Capatides, Michael 7, 5 08/03/2016 51 78.5 151,079 -14,371 Bank of Commerce Canadian Imperial Options Capatides, Michael 7, 5 08/03/2016 51 71.54 127,179 -23,900 Bank of Commerce Canadian Imperial Common Shares Dodig, Victor George 4, 5 10/03/2016 51 71.54 29,870 13,689 Bank of Commerce Canadian Imperial Common Shares Dodig, Victor George 4, 5 10/03/2016 10 96.24 16,181 -13,689 Bank of Commerce Canadian Imperial Options Dodig, Victor George 4, 5 10/03/2016 51 71.54 214,738 -13,689 Bank of Commerce Canadian Imperial Common Shares Patterson, Kevin 5 08/12/2015 10 94.45 -450 Bank of Commerce Joesph Robert Canadian Imperial Common Shares Patterson, Kevin 5 08/12/2015 47 94.45 4,691 -450 Bank of Commerce Joesph Robert Canadian Imperial Common Shares Patterson, Kevin 5 08/03/2016 47 95.18 4,284 -450 Bank of Commerce Joesph Robert Canadian National Common Shares DRYSDALE, Janet 5 26/02/2016 30 77.223 321 Railway Company Canadian National Common Shares DRYSDALE, Janet 5 26/02/2016 30 77.223 5,593 321 Railway Company Canadian National Common Shares Finn, Sean 5 08/03/2016 10 79.853 24,673 -6,300 Railway Company Canadian National Common Shares Forgione, Salvatore 5 07/03/2016 00 1,055 Railway Company Canadian National Options Forgione, Salvatore 5 07/03/2016 00 12,491 Railway Company Canadian National Options Forgione, Salvatore 5 08/03/2016 50 79.83 15,277 2,786 Railway Company Canadian National Performance Share Forgione, Salvatore 5 07/03/2016 00 Railway Company Units/Unités d’actions de performance Canadian National Performance Share Forgione, Salvatore 5 07/03/2016 00 4,104 Railway Company Units/Unités d’actions de performance Canadian National Performance Share Forgione, Salvatore 5 08/03/2016 56 79.83 5,125 1,021 Railway Company Units/Unités d’actions de performance Canadian Natural Common Shares Cusson, Réal, Michel 5 09/03/2016 10 34.53 748,660 -5,000 Resources Limited Canadian Natural Common Shares Cusson, Réal, Michel 5 10/03/2016 10 35.225 743,660 -5,000 Resources Limited Canadian Natural Common Shares Cusson, Réal, Michel 5 11/03/2016 10 36.14 -20,000 Resources Limited Canadian Natural Common Shares Cusson, Réal, Michel 5 11/03/2016 10 36.14 723,660 -20,000 Resources Limited

March 17, 2016 (2016), 39 OSCB 2511

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Canadian Natural Common Shares Doucet, Real J. H. 5 11/03/2016 10 35.5 43,676 -33,501 Resources Limited Canadian Natural Common Shares Fichter, Darren 5 08/03/2016 10 33.99 46,336 -1,000 Resources Limited Canadian Natural Common Shares Fichter, Darren 5 10/03/2016 10 35.25 45,336 -1,000 Resources Limited Canadian Natural Common Shares Jocksch, Terry 5 07/03/2016 51 28.06 174,560 12,500 Resources Limited James Canadian Natural Common Shares Jocksch, Terry 5 07/03/2016 10 34.71 162,060 -12,500 Resources Limited James Canadian Natural Options Jocksch, Terry 5 07/03/2016 51 28.06 562,500 -12,500 Resources Limited James Canadian Natural Common Shares Laing, Ronald Keith 5 07/03/2016 10 34.16 20,805 -1,159 Resources Limited Canadian Natural Common Shares wilson, jeffrey warren 5 09/03/2016 51 28.06 299,103 35,302 Resources Limited Canadian Natural Common Shares wilson, jeffrey warren 5 09/03/2016 10 34.73 263,801 -35,302 Resources Limited Canadian Natural Options wilson, jeffrey warren 5 09/03/2016 51 314,743 -35,302 Resources Limited Canadian Natural Common Shares Yee, Betty 5 07/03/2016 10 34.73 919 -852 Resources Limited Canadian Natural Options Yee, Betty 5 07/03/2016 10 34.74 72,275 -2,725 Resources Limited Canadian Oil Recovery Common Shares Lorenzo, John 4 08/03/2016 10 0.03 12,343,186 25,000 & Remediation Michael Enterprises Ltd. Canadian Spirit Options Couillard, John 4, 5 18/02/2016 52 2,673,000 -17,000 Resources Inc. Raymond Richard Canadian Spirit Options Gardner, Donald 4 18/02/2016 52 630,000 -120,000 Resources Inc. Ross Canadian Spirit Options HILL, DEAN 5 18/02/2016 52 1,305,000 -55,000 Resources Inc. GORDON Canadian Spirit Options Smolarchuk, Paul 5 18/02/2016 52 1,205,000 -50,000 Resources Inc. Arnold Canadian Tire Non-Voting Shares Canadian Tire 1 07/03/2016 38 132.37 17,500 17,500 Corporation, Limited Class A Corporation, Limited Canadian Tire Non-Voting Shares Canadian Tire 1 07/03/2016 38 0 -17,500 Corporation, Limited Class A Corporation, Limited Canadian Tire Non-Voting Shares Canadian Tire 1 08/03/2016 38 132.76 17,500 17,500 Corporation, Limited Class A Corporation, Limited Canadian Tire Non-Voting Shares Canadian Tire 1 08/03/2016 38 132.76 0 -17,500 Corporation, Limited Class A Corporation, Limited Canadian Tire Non-Voting Shares Canadian Tire 1 09/03/2016 38 134.39 19,500 19,500 Corporation, Limited Class A Corporation, Limited Canadian Tire Non-Voting Shares Canadian Tire 1 09/03/2016 38 0 -19,500 Corporation, Limited Class A Corporation, Limited Canadian Tire Non-Voting Shares Canadian Tire 1 10/03/2016 38 134.28 17,500 17,500 Corporation, Limited Class A Corporation, Limited Canadian Tire Non-Voting Shares Canadian Tire 1 10/03/2016 38 0 -17,500 Corporation, Limited Class A Corporation, Limited Canadian Tire Non-Voting Shares Canadian Tire 1 11/03/2016 38 133.58 17,500 17,500 Corporation, Limited Class A Corporation, Limited Canadian Tire Non-Voting Shares Canadian Tire 1 11/03/2016 38 0 -17,500 Corporation, Limited Class A Corporation, Limited Canadian Tire CTC Share Unit Christie, James 5 31/12/2015 35 99.79 132 1 Corporation, Limited Fund (DPSP) Robert Canadian Tire CTC Share Unit Collver, Robyn Anne 3, 7, 5 31/12/2015 35 101.3 3,258 41 Corporation, Limited Fund (DPSP) Canadian Tire CTC Share Unit Craig, Gregory 7 31/12/2015 35 95.31 1,159 4 Corporation, Limited Fund (DPSP) George Canadian Tire CTC Share Unit Drysdale, Linda 7 31/12/2015 35 101.23 145 2 Corporation, Limited Fund (DPSP) Janet Canadian Tire CTC Share Unit Drysdale, Linda 7 31/12/2015 99 146 1 Corporation, Limited Fund (DPSP) Janet Canadian Tire CTC Share Unit Fulton, Duncan 7, 5 31/12/2015 35 100.55 883 3 Corporation, Limited Fund (DPSP) Stanley Allpress

March 17, 2016 (2016), 39 OSCB 2512

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Canadian Tire CTC Share Unit MacDonald, Allan 5 31/12/2015 35 101.23 142 2 Corporation, Limited Fund (DPSP) Angus Canadian Tire CTC Share Unit MacDonald, Allan 5 31/12/2015 99 143 1 Corporation, Limited Fund (DPSP) Angus Canadian Tire CTC Share Unit McCann, Dean 7, 5 31/12/2015 35 101.34 5,737 72 Corporation, Limited Fund (DPSP) Charles Canadian Tire CTC Share Unit Medline, Michael 4, 7, 5 31/12/2015 35 101.15 83 1 Corporation, Limited Fund (DPSP) Bennett Canadian Tire CTC Share Unit Mongeau, Robert 7 31/12/2015 35 101.3 324 5 Corporation, Limited Fund (DPSP) Canadian Tire CTC Share Unit Mongeau, Robert 7 31/12/2015 99 325 1 Corporation, Limited Fund (DPSP) Canadian Tire CTC Share Unit Nathanson, Douglas 7, 5 31/12/2015 35 101.21 123 2 Corporation, Limited Fund (DPSP) Bigler Canadian Tire CTC Share Unit Nathanson, Douglas 7, 5 31/12/2015 99 124 1 Corporation, Limited Fund (DPSP) Bigler Canadian Tire CTC Share Unit Roman, Eugene O. 5 31/12/2015 35 100.78 314 4 Corporation, Limited Fund (DPSP) Canadian Tire CTC Share Unit Salt, John Douglas 5 31/12/2015 35 101.31 458 6 Corporation, Limited Fund (DPSP) Canadian Tire CTC Share Unit Salt, John Douglas 5 31/12/2015 99 459 1 Corporation, Limited Fund (DPSP) Canadian Tire CTC Share Unit Turner, Mary Louise 7, 5 31/12/2015 35 101.34 1,849 24 Corporation, Limited Fund (DPSP) Canadian Tire Non-Voting Shares Vallance, George 4 31/12/2015 35 125.53 1,601 18 Corporation, Limited Class A Alexander Canadian Utilities Non-Voting Shares Charlton, Loraine M. 4 01/03/2016 30 32.523 20,969 50 Limited Class A Canadian Utilities Non-Voting Shares Charlton, Loraine M. 4 01/03/2016 30 32.523 9,865 97 Limited Class A Canadian Utilities Non-Voting Shares Charlton, Loraine M. 4 01/03/2016 30 32.523 700 6 Limited Class A Canadian Western Common Shares Hallson, Richard 5 31/12/2015 30 26.83 776 247 Bank Norman Canadian Western Options Hallson, Richard 5 13/03/2015 50 38,789 9,563 Bank Norman Canadian Western Rights Restricted Hallson, Richard 5 31/12/2015 56 7,355 3,173 Bank Share Units Norman Canadian Western Rights Restricted Hallson, Richard 5 31/12/2015 59 5,112 -2,243 Bank Share Units Norman Canadian Western Rights Deferred Jackson, Allan 4 03/03/2016 30 28,532 279 Bank Share Units William Canadian Western Common Shares Reason, Ernest 5 31/12/2015 30 26.83 1,978 424 Bank Canadian Western Options Reason, Ernest 5 13/03/2015 50 18,476 8,206 Bank Canadian Western Rights Restricted Reason, Ernest 5 31/12/2015 56 5,475 2,705 Bank Share Units Canadian Western Rights Restricted Reason, Ernest 5 31/12/2015 59 4,141 -1,334 Bank Share Units Canadian Western Preferred Shares Stephen, Allen David 5 11/03/2016 10 16.55 2,000 1,000 Bank Series 5 Canadian Western Common Shares Weiss, Scott 5 31/12/2015 30 27.61 259 9 Bank Canadian Western Common Shares Weiss, Scott 5 31/12/2015 30 27 2,007 5 Bank Canarc Resource Common Shares Chiloflischi, Catalin 5 07/03/2016 11 0.09 388,889 388,889 Corp. Canarc Resource Warrants Chiloflischi, Catalin 5 14/01/2014 00 Corp. Canarc Resource Warrants Chiloflischi, Catalin 5 07/03/2016 11 194,445 194,445 Corp. Canarc Resource Common Shares Cooke, Bradford 4, 5 03/03/2016 11 0.09 7,053,580 2,200,000 Corp. Canarc Resource Warrants Cooke, Bradford 4, 5 03/03/2016 11 3,590,000 1,100,000 Corp.

March 17, 2016 (2016), 39 OSCB 2513

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Canarc Resource Common Shares Harris, Leonard 4 03/03/2016 11 0.09 2,074,290 153,846 Corp. Canarc Resource Warrants Harris, Leonard 4 03/03/2016 16 0.12 231,923 76,923 Corp. Canarc Resource Common Shares MALHOTRA, 4 03/03/2016 16 0.09 416,667 150,000 Corp. DEEPAK Canarc Resource Warrants MALHOTRA, 4 01/05/2015 00 Corp. DEEPAK Canarc Resource Warrants MALHOTRA, 4 01/05/2015 00 Corp. DEEPAK Canarc Resource Warrants MALHOTRA, 4 03/03/2016 16 75,000 75,000 Corp. DEEPAK Canfor Pulp Products Common Shares Canfor Pulp 1 07/03/2016 38 12.212 69,935 4,091 Inc. Products Inc. Canfor Pulp Products Common Shares Canfor Pulp 1 08/03/2016 38 11.868 73,835 3,900 Inc. Products Inc. Canfor Pulp Products Common Shares Canfor Pulp 1 09/03/2016 38 12.367 84,726 10,891 Inc. Products Inc. Canfor Pulp Products Common Shares Canfor Pulp 1 10/03/2016 38 11.869 91,817 7,091 Inc. Products Inc. Canopy Growth Options Bell, John K. 4 29/02/2016 50 2.95 225,000 100,000 Corporation Canopy Growth Options Fishman, Barry 4 29/02/2016 50 2.95 204,625 100,000 Corporation Canopy Growth Options Goldman, Murray 4 29/02/2016 50 2.95 286,000 100,000 Corporation Canopy Growth Options Linton, Bruce 3, 4, 5 26/03/2014 00 Corporation Canopy Growth Options Linton, Bruce 3, 4, 5 29/02/2016 50 2.95 250,000 250,000 Corporation Canopy Growth Options Saunders, Timothy 5 29/02/2016 50 2.95 500,000 150,000 Corporation Rob Canopy Growth Options Schnarr, Christopher 4 29/02/2016 50 2.95 200,000 100,000 Corporation James Canopy Growth Options Zekulin, Mark 5 29/02/2016 50 2.95 572,487 150,000 Corporation Anthony Nicholas Canso Credit Income Units Class A Units Canso Investment 7 04/03/2016 10 9.9132 214,452 1,800 Fund Counsel Ltd. Canso Credit Income Units Class A Units Canso Investment 7 08/03/2016 10 9.95 214,652 200 Fund Counsel Ltd. Canso Credit Income Units Class A Units Canso Investment 7 09/03/2016 10 10 215,652 1,000 Fund Counsel Ltd. Canso Credit Income Units Class A Units Canso Investment 7 10/03/2016 10 9.978 217,652 2,000 Fund Counsel Ltd. Canso Select Units Class A Canso Investment 7 07/03/2016 10 8.32 88,000 1,000 Opportunities Fund Counsel Ltd. Canso Select Units Class A Canso Investment 7 08/03/2016 10 8.4 91,500 3,500 Opportunities Fund Counsel Ltd. Canso Select Units Class A Canso Investment 7 09/03/2016 10 8.4 91,600 100 Opportunities Fund Counsel Ltd. Canso Select Units Class A Canso Investment 7 10/03/2016 10 8.35 93,600 2,000 Opportunities Fund Counsel Ltd. Capital DGMC Inc. Common Shares Gestion Système 3 10/03/2016 11 0.05 4,329,000 1,000,000 Téléphonique B.L.Inc Capital DGMC Inc. Common Shares Laberge, Benoit 3 20/04/2015 10 0.09 25,000 Capital DGMC Inc. Common Shares Laberge, Benoit 3 25/05/2015 10 0.09 6,500 Capital DGMC Inc. Common Shares Laberge, Benoit 3 20/04/2015 10 0.09 25,000 25,000 Capital DGMC Inc. Common Shares Laberge, Benoit 3 25/05/2015 10 0.09 31,500 6,500 Capital DGMC Inc. Common Shares Laberge, Benoit 3 10/03/2016 11 0.05 4,329,000 1,000,000 Caribbean Resources Options Arata, Jose 4, 6 10/03/2016 52 0 -285,714 Corporation Francisco Caribbean Resources Options Greene, Michael 4 10/03/2016 52 0 -57,143 Corporation Caribbean Resources Options Herrera Paba, 5 10/03/2016 52 14,286 -28,571 Corporation Patricia

March 17, 2016 (2016), 39 OSCB 2514

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Caribbean Resources Options Martinez, Hernan 4, 5 10/03/2016 52 571,429 -28,571 Corporation Caribbean Resources Options Perez, Jaime 4, 6 10/03/2016 52 0 -178,571 Corporation Caribbean Resources Options Rodriguez, Miguel 4 10/03/2016 52 0 -57,143 Corporation Caribbean Resources Options Volk, Peter Joseph 5 10/03/2016 52 0 -67,143 Corporation Caribbean Resources Options Von Siegmund, 6 10/03/2016 52 0 -142,857 Corporation Laureano Carube Copper Corp. Units Deferred LeBlanc, Greg Paul 4 29/02/2016 46 0.2 77,500 (formerly Miocene Share Resources Limited) Carube Copper Corp. Units Deferred LeBlanc, Greg Paul 4 29/02/2016 46 0.2 149,167 107,500 (formerly Miocene Share Resources Limited) Carube Copper Corp. Options Stock McNeice, John Darin 5 29/06/2015 00 (formerly Miocene Option Plan Resources Limited) Carube Copper Corp. Options Stock McNeice, John Darin 5 29/02/2016 50 0.08 350,000 350,000 (formerly Miocene Option Plan Resources Limited) Carube Copper Corp. DSU Soever, Alar 4 03/05/2010 00 (formerly Miocene Resources Limited) Carube Copper Corp. DSU Soever, Alar 4 29/02/2016 56 0.13 45,513 45,513 (formerly Miocene Resources Limited) Carube Copper Corp. DSU Soever, Alar 4 29/02/2016 56 0.2 48,013 2,500 (formerly Miocene Resources Limited) Cathedral Energy Options DIACHOK, DAVID 5 08/03/2016 52 7.55 60,000 -83,333 Services Ltd. NICHOLAS Cathedral Energy Options MACFARLANE, 5 08/03/2016 52 7.55 160,000 -81,666 Services Ltd. PETER SCOTT Cathedral Energy Options PUSTANYK, 4 08/03/2016 52 7.55 160,000 -96,000 Services Ltd. RANDAL HAROLD CB Gold Inc. Common Shares Red Eagle Mining 3 04/03/2016 11 0.05 223,242,788 13,702,562 Corporation CCL Industries Inc. Non-Voting Shares Birkner, Gunther 7 26/08/2015 57 33,178 9,142 Class B Johann CCL Industries Inc. Options Birkner, Gunther 7 04/03/2016 50 219.5 47,750 14,000 Johann CCL Industries Inc. Rights Restricted Birkner, Gunther 7 26/08/2015 57 0 -9,000 Share Units Johann CCL Industries Inc. Options Brayley, Anne Marie 5 04/03/2016 50 219.5 3,625 1,750 CCL Industries Inc. Options Kotecha, Kamal 5 04/03/2016 50 219.5 6,000 2,000 Chandrakant CCL Industries Inc. Options Lang, Donald G. 4, 5 04/03/2016 50 219.5 156,740 24,240 CCL Industries Inc. Non-Voting Shares Martin, Geoffrey 4, 5 01/03/2016 57 179,254 91,668 Class B CCL Industries Inc. Options Martin, Geoffrey 4, 5 04/03/2016 50 219.5 174,400 30,000 CCL Industries Inc. Rights Restricted Martin, Geoffrey 4, 5 01/03/2016 57 0 -90,000 Share Units CCL Industries Inc. Options McClendon, Mark 5 04/03/2016 50 219.5 7,500 2,000 CCL Industries Inc. Options Rubino, Sebastian 7 04/03/2016 50 219.5 84,000 14,000 CCL Industries Inc. Options Sellors, James 7 04/03/2016 50 219.5 30,000 10,000 Andrew CCL Industries Inc. Options Snelgrove, Susan 5 19/11/2015 51 56 -100 CCL Industries Inc. Options Snelgrove, Susan 5 19/11/2015 51 56 6,000 -150 CCL Industries Inc. Options Snelgrove, Susan 5 04/03/2016 50 219.5 6,375 1,750 CCL Industries Inc. Options Vaidyanathan, 5 04/03/2016 50 219.5 90,250 14,000 Lalitha CCL Industries Inc. Options Vecchiarelli, 5 04/03/2016 50 219.5 6,375 1,750 Nicolangelo CCL Industries Inc. Options Vodermaier, Monika 5 07/05/2015 00 4,750 CCL Industries Inc. Options Vodermaier, Monika 5 04/03/2016 50 219.5 6,750 2,000

March 17, 2016 (2016), 39 OSCB 2515

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed CCL Industries Inc. Options Washchuk, Sean 5 04/03/2016 50 219.5 52,750 14,000 Ceiba Energy Services Share Units Cheung, Peter 5 08/03/2016 56 0.01 47,050 27,083 Inc. Ceiba Energy Services Share Units Coughlan, James 5 08/03/2016 56 0.01 50,669 29,167 Inc. Bishop Ceiba Energy Services Common Shares Hesje, Ralph 4 09/09/2014 00 Inc. Ceiba Energy Services Common Shares Hesje, Ralph 4 10/03/2016 57 0.2 114,482 114,482 Inc. Ceiba Energy Services Share Units Hesje, Ralph 4 08/03/2016 56 0.01 171,337 66,667 Inc. Ceiba Energy Services Share Units Hesje, Ralph 4 10/03/2016 57 0.01 -171,337 Inc. Ceiba Energy Services Share Units Hesje, Ralph 4 10/03/2016 57 0.01 -171,337 Inc. Ceiba Energy Services Share Units Hesje, Ralph 4 10/03/2016 57 0.01 56,855 -114,482 Inc. Ceiba Energy Services Share Units Hesje, Ralph 4 10/03/2016 59 0.01 0 -56,855 Inc. Ceiba Energy Services Share Units Jones, Marvin John 4 08/03/2016 56 0.01 56,067 22,222 Inc. Ceiba Energy Services Share Units Lane, Philip Richard 5 08/03/2016 56 0.01 60,320 34,722 Inc. Ceiba Energy Services Share Units Petersen, Brian 4 08/03/2016 56 0.01 104,200 38,889 Inc. Kenneth Ceiba Energy Services Share Units Sifton, Ronald Les 4 08/03/2016 56 0.01 163,898 65,278 Inc. Ceiba Energy Services Share Units Simister, Ian Harvey 4, 5 08/03/2016 56 0.01 60,320 34,722 Inc. Celestica Inc. Subordinate Voting Celestica Inc. 1 29/02/2016 38 13.732 78,400 78,400 Shares Celestica Inc. Subordinate Voting Celestica Inc. 1 29/02/2016 38 13.732 0 -78,400 Shares Celestica Inc. Subordinate Voting Celestica Inc. 1 29/02/2016 38 10.114 24,500 24,500 Shares Celestica Inc. Subordinate Voting Celestica Inc. 1 29/02/2016 38 10.114 0 -24,500 Shares Cenovus Energy Inc. Restricted Share Chhina, Harbir Singh 5 02/11/2009 00 Units Cenovus Energy Inc. Restricted Share Chhina, Harbir Singh 5 03/03/2016 56 16.16 10,604 10,604 Units Cenovus Energy Inc. Common Shares Cooke, Shane 5 31/12/2015 30 20.66 1,833 655 Darrell Cenovus Energy Inc. Common Shares Cooke, Shane 5 31/12/2015 30 20.66 1,834 1 Darrell Cenovus Energy Inc. Restricted Share Cooke, Shane 5 31/12/2015 30 19.88 2,347 97 Units Darrell Cenovus Energy Inc. Common Shares Fairburn, Judy 5 31/12/2015 30 20.6 18,217 90 Cenovus Energy Inc. Restricted Share Fairburn, Judy 5 31/12/2015 30 17.41 5,869 53 Units Cenovus Energy Inc. Restricted Share Ferguson, Brian 4, 5 02/11/2009 00 Units Charles Cenovus Energy Inc. Restricted Share Ferguson, Brian 4, 5 03/03/2016 56 16.16 26,581 26,581 Units Charles Cenovus Energy Inc. Common Shares Hinton, Thomas 5 31/12/2015 30 20.66 11,534 957 George Cenovus Energy Inc. Common Shares Hinton, Thomas 5 31/12/2015 30 20.66 11,535 1 George Cenovus Energy Inc. Restricted Share Hinton, Thomas 5 31/12/2015 30 19.88 6,457 269 Units George Cenovus Energy Inc. Common Shares McGillivray, 5 31/12/2015 30 19.44 3,805 1,008 Jacqueline Angela Thomson Cenovus Energy Inc. Common Shares McGillivray, 5 31/12/2015 30 19.44 3,806 1 Jacqueline Angela Thomson

March 17, 2016 (2016), 39 OSCB 2516

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Cenovus Energy Inc. Deferred Share McGillivray, 5 31/12/2015 30 18.79 15,279 257 Units Jacqueline Angela Thomson Cenovus Energy Inc. Restricted Share McGillivray, 5 31/12/2015 30 19.88 8,217 342 Units Jacqueline Angela Thomson Cenovus Energy Inc. Common Shares Pease, Robert 5 31/12/2015 30 19.84 13,325 2,898 William Cenovus Energy Inc. Restricted Share Pease, Robert 5 03/03/2016 56 16.16 41,747 1,747 Units William Cenovus Energy Inc. Common Shares Pollock, Robert John 5 31/12/2015 30 20.64 13,047 860 Cenovus Energy Inc. Common Shares Pollock, Robert John 5 31/12/2015 30 20.44 13,665 618 Cenovus Energy Inc. Common Shares Pollock, Robert John 5 31/12/2015 30 20.76 13,666 1 Cenovus Energy Inc. Common Shares Pollock, Robert John 5 31/12/2015 30 21.2 1,483 65 Cenovus Energy Inc. Restricted Share Pollock, Robert John 5 31/12/2015 30 19.88 5,869 244 Units Cenovus Energy Inc. Common Shares Reid, Alan Craig 5 31/12/2015 30 19.76 13,675 2,348 Cenovus Energy Inc. Common Shares Reid, Alan Craig 5 31/12/2015 30 19.76 13,676 1 Cenovus Energy Inc. Deferred Share Reid, Alan Craig 5 31/12/2015 30 18.79 16,000 269 Units Cenovus Energy Inc. Restricted Share Reid, Alan Craig 5 31/12/2015 30 19.88 10,566 440 Units Cenovus Energy Inc. Common Shares Robertson, Neil 5 31/12/2015 30 20.42 14,748 1,434 William Cenovus Energy Inc. Common Shares Robertson, Neil 5 31/12/2015 30 20.42 14,749 1 William Cenovus Energy Inc. Restricted Share Robertson, Neil 5 31/12/2015 30 19.88 6,457 269 Units William Cenovus Energy Inc. Common Shares Ruste, Ivor Melvin 5 31/12/2015 30 1835 1,835 Cenovus Energy Inc. Common Shares Ruste, Ivor Melvin 5 31/12/2015 30 21.2 45,136 1,835 Cenovus Energy Inc. Common Shares Ruste, Ivor Melvin 5 31/12/2015 30 22.16 5,629 77 Cenovus Energy Inc. Deferred Share Ruste, Ivor Melvin 5 31/12/2015 30 19.88 20,602 859 Units Cenovus Energy Inc. Restricted Share Ruste, Ivor Melvin 5 02/11/2009 00 Units Cenovus Energy Inc. Restricted Share Ruste, Ivor Melvin 5 03/03/2016 56 16.16 8,231 8,231 Units Cenovus Energy Inc. Common Shares Schiller, Danny 5 31/12/2015 30 20.73 44,336 3,387 Elmer Cenovus Energy Inc. Common Shares Schiller, Danny 5 31/12/2015 30 20.44 44,808 472 Elmer Cenovus Energy Inc. Common Shares Schiller, Danny 5 31/12/2015 30 20.58 44,809 1 Elmer Cenovus Energy Inc. Restricted Share Schiller, Danny 5 31/12/2015 30 19.88 9,391 391 Units Elmer Cenovus Energy Inc. Common Shares Zieglgansberger, 5 31/12/2015 30 20.69 30,837 1,877 Joseph Drew Cenovus Energy Inc. Common Shares Zieglgansberger, 5 31/12/2015 30 17.74 30,838 1 Joseph Drew Cenovus Energy Inc. Common Shares Zieglgansberger, 5 31/12/2015 30 19.87 30,839 1 Joseph Drew Cenovus Energy Inc. Common Shares Zieglgansberger, 5 31/12/2015 30 21.2 436 19 Joseph Drew Cenovus Energy Inc. Deferred Share Zieglgansberger, 5 31/12/2015 30 19.23 15,069 450 Units Joseph Drew Cenovus Energy Inc. Restricted Share Zieglgansberger, 5 31/12/2015 30 19.88 10,566 440 Units Joseph Drew Centerra Gold Inc. Options Desjardins, Daniel 7 07/03/2016 50 7.32 95,396 49,824 Richard Centerra Gold Inc. Options Herbert, Frank 5 07/03/2016 50 7.32 729,408 172,708 Hamilton Centerra Gold Inc. Options Kwong, Dennis 5 07/03/2016 50 7.32 491,634 98,098 Centerra Gold Inc. Options Meade, Anthony 5 07/03/2016 50 7.32 258,111 56,130 Centerra Gold Inc. Options Millman, Darren 5 07/03/2016 50 7.32 103,857 31,433 Centerra Gold Inc. Options Pearson, John 5 07/03/2016 50 7.32 106,953 22,210 William

March 17, 2016 (2016), 39 OSCB 2517

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Centerra Gold Inc. Options Perry, Scott Graeme 5 07/03/2016 50 7.32 301,462 259,062 Centerra Gold Inc. Options Reid, Gordon Dunlop 7 07/03/2016 50 7.32 564,335 139,893 Ceres Global Ag Corp. Common Shares Ceres Global Ag 1 01/03/2016 38 5 8,800 4,400 Corp. Ceres Global Ag Corp. Common Shares Ceres Global Ag 1 07/03/2016 38 5 4,400 -4,400 Corp. Ceres Global Ag Corp. Common Shares Ceres Global Ag 1 07/03/2016 38 5 0 -4,400 Corp. CERF Incorporated Options Fraser, Austin 5 08/03/2016 97 3.17 300,000 -60,000 Robert Innes CERF Incorporated Options Goertzen, John Blair 4 08/03/2016 97 3.17 100,000 -50,000 CERF Incorporated Options Guinan, William 4, 5 08/03/2016 97 150,000 -50,000 Charles CERF Incorporated Options Guinan, William 4, 5 08/03/2016 97 120,000 -30,000 Charles CERF Incorporated Options Guinan, William 4, 5 08/03/2016 97 90,000 -30,000 Charles CERF Incorporated Options Maplethorpe, David 4 08/03/2016 97 144,000 -18,000 Walter CERF Incorporated Options Maplethorpe, David 4 08/03/2016 97 94,000 -50,000 Walter CERF Incorporated Options MUNRO, BRADLEY 4 08/03/2016 38 3.17 100,000 -50,000 R. CERF Incorporated Options Porter, Travis Glenn 5 08/03/2016 97 2.71 305,000 -14,000 CERF Incorporated Options Porter, Travis Glenn 5 08/03/2016 97 3.17 255,000 -50,000 CERF Incorporated Options Scott, Gavin Stuart 5 08/03/2016 97 3.17 105,000 -35,000 CERF Incorporated Options Stephens, Kenneth 4, 5 08/03/2016 97 3.17 211,000 -60,000 Lorne CERF Incorporated Options Stephens, Kenneth 4, 5 08/03/2016 97 3.09 161,000 -50,000 Lorne CERF Incorporated Options Stephens, Kenneth 4, 5 08/03/2016 97 2.71 110,000 -51,000 Lorne Cervus Equipment Common Shares Bell, Don 4 31/12/2015 30 5,321 134 Corporation Cervus Equipment Common Shares Bell, Don 4 31/12/2015 30 15,825 646 Corporation Cervus Equipment Common Shares Bell, Don 4 31/12/2015 30 10,898 275 Corporation Cervus Equipment Common Shares Bell, Don 4 31/12/2015 30 54,768 1,382 Corporation Cervus Equipment Common Shares Bell, Don 4 31/12/2015 30 10,236 492 Corporation Deferred Shares Cervus Equipment Common Shares Johnson, Calvin 5 31/12/2015 30 8,643 1,063 Corporation Lorne Cervus Equipment Common Shares Johnson, Calvin 5 31/12/2015 30 57,375 3,128 Corporation Deferred Shares Lorne CGI Group Inc. Subordinate Voting Groupe CGI inc. 1 03/03/2016 38 56.24 7,112,375 7,112,375 Shares Classe A CGI Group Inc. Subordinate Voting Groupe CGI inc. 1 08/03/2016 38 0 -7,112,375 Shares Classe A CGI Group Inc. Options Roach, Michael 4, 5 08/03/2016 51 11.39 977,130 -10,200 CGI Group Inc. Subordinate Voting Roach, Michael 4, 5 08/03/2016 51 11.39 257,263 10,200 Shares Classe A CGI Group Inc. Subordinate Voting Roach, Michael 4, 5 08/03/2016 10 56.86 255,963 -1,300 Shares Classe A CGI Group Inc. Subordinate Voting Roach, Michael 4, 5 08/03/2016 10 56.83 255,863 -100 Shares Classe A CGI Group Inc. Subordinate Voting Roach, Michael 4, 5 08/03/2016 10 56.87 255,763 -100 Shares Classe A CGI Group Inc. Subordinate Voting Roach, Michael 4, 5 08/03/2016 10 56.86 254,463 -1,300 Shares Classe A CGI Group Inc. Subordinate Voting Roach, Michael 4, 5 08/03/2016 10 56.82 247,063 -7,400 Shares Classe A Chartwell Retirement Rights Restricted Binions, W. Brent 4, 5 07/03/2016 56 13.128 144,505 52,525 Residences Trust Units

March 17, 2016 (2016), 39 OSCB 2518

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Chartwell Retirement Rights Restricted Boulakia, Jonathan 5 07/03/2016 56 13.128 36,836 13,533 Residences Trust Units Chartwell Retirement Rights Restricted Chateauvert, Sheri 5 07/03/2016 56 13.128 38,749 13,868 Residences Trust Units Lynn Chartwell Retirement Rights Restricted Sullivan, Karen 5 07/03/2016 56 13.128 42,868 15,209 Residences Trust Units Leslie Chartwell Retirement Rights Restricted Volodarski, Vlad 5 07/03/2016 56 13.128 44,108 15,418 Residences Trust Units Choice Properties Real Trust Units Wasti, Rashid 7 04/03/2016 10 12.787 0 -11,200 Estate Investment Trust CIBT Education Group Common Shares Capital Alliance 1 07/03/2016 10 0.28 903,400 5,900 Inc. Group Inc. CIBT Education Group Common Shares Capital Alliance 1 09/03/2016 10 0.27 949,400 46,000 Inc. Group Inc. Cipher Common Shares Mull, John 3 08/03/2016 51 4.12 293,149 20,000 Pharmaceuticals Inc. Cipher Options Mull, John 3 08/03/2016 51 4.12 94,966 -20,000 Pharmaceuticals Inc. CO2 Solutions Inc. Common Shares Manherz, Robert 3, 4 04/12/2015 51 20000 20,000 CO2 Solutions Inc. Common Shares Manherz, Robert 3, 4 04/12/2015 51 0.1 20,000 CO2 Solutions Inc. Common Shares Manherz, Robert 3, 4 04/12/2015 51 0.1 20,000 CO2 Solutions Inc. Common Shares Manherz, Robert 3, 4 09/12/2015 10 0.215 -20,000 CO2 Solutions Inc. Common Shares Manherz, Robert 3, 4 09/12/2015 10 0.215 -20,000 CO2 Solutions Inc. Options Manherz, Robert 3, 4 04/12/2015 51 0.1 -20,000 CO2 Solutions Inc. Options Manherz, Robert 3, 4 04/12/2015 59 0.1 115,000 -20,000 CO2 Solutions Inc. Common Shares Skinner, Thom 5 08/03/2016 51 0.17 450,000 CO2 Solutions Inc. Common Shares Skinner, Thom 5 08/03/2016 59 0.17 450,000 CO2 Solutions Inc. Common Shares Skinner, Thom 5 08/03/2016 59 0.17 450,000 CO2 Solutions Inc. Options Skinner, Thom 5 08/03/2016 51 0.17 -450,000 CO2 Solutions Inc. Options Skinner, Thom 5 08/03/2016 59 0.17 607,600 -450,000 Cogeco Incentive Units / Guimond, René 5 31/12/2015 35 504 4 Communications Inc. Unités incitatives Cogeco Subordinate Voting Guimond, René 5 31/12/2015 35 68.53 1,854 18 Communications Inc. Shares actions subalternes à droit de vote Cogeco Subordinate Voting Guimond, René 5 31/12/2015 30 68.73 2,169 315 Communications Inc. Shares actions subalternes à droit de vote Cogeco Subordinate Voting Guimond, René 5 31/12/2015 35 68.14 2,184 15 Communications Inc. Shares actions subalternes à droit de vote Cogeco Inc Incentive Guimond, René 5 31/12/2015 35 2,500 25 Units/Unités incitatives Cogeco Inc Subordinate Voting Guimond, René 5 31/12/2015 35 55.64 2,325 11 Shares actions subalternes à droit de vote Columbus Gold Corp. Common Shares Auplata SA 3 04/03/2016 10 0.4 15,124,677 -50,000 Columbus Gold Corp. Common Shares Auplata SA 3 08/03/2016 10 0.3897 15,081,177 -43,500 Columbus Gold Corp. Common Shares Auplata SA 3 10/03/2016 10 0.35 6,801,177 -8,280,000 Cominar Real Estate Trust Units D’Amours, Alban 4 10/03/2016 10 16.58 13,182 5,000 Investment Trust CONDOR Options Boyd, Robert T. 4 09/03/2016 50 0.05 810,000 250,000 RESOURCES INC. CONDOR Options Davis, Lyle Roy 4 09/03/2016 50 1,180,000 250,000 RESOURCES INC. CONDOR Options Larkin, Paul Anthony 5 09/03/2016 50 0.05 810,000 250,000 RESOURCES INC. CONDOR Options Marquez Amado, 5 09/03/2016 50 0.05 995,000 200,000 RESOURCES INC. Ever

March 17, 2016 (2016), 39 OSCB 2519

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed CONDOR Options Younie, Jonathan 5 09/03/2016 50 0.05 575,000 100,000 RESOURCES INC. Leslie Constellation Software Common Shares Anzarouth, Bernard 5 04/03/2016 30 549.39 144,142 609 Inc. Constellation Software Common Shares Beattie, Brian Robert 7 04/03/2016 30 549.39 8,903 231 Inc. Constellation Software Common Shares Beattie, Brian Robert 7 04/03/2016 30 549.39 -508 87 Inc. Constellation Software Common Shares Kittel, Robert 4 12/03/2016 30 549.39 573 189 Inc. Terrance Constellation Software Common Shares Miller, Mark Robert 5 31/12/2015 30 441.12 66,980 1,945 Inc. Constellation Software Common Shares Symons, Barry Alan 5 20/10/2015 90 5,439 -14,486 Inc. Constellation Software Common Shares Symons, Barry Alan 5 11/03/2016 30 549.39 5,933 494 Inc. Constellation Software Common Shares Symons, Barry Alan 5 11/03/2016 30 549.39 3,589 74 Inc. Constellation Software Common Shares Symons, Barry Alan 5 11/03/2016 30 549.39 385 18 Inc. Constellation Software Common Shares Symons, Barry Alan 5 20/10/2015 90 61,580 14,486 Inc. Constellation Software Debentures - Symons, Barry Alan 5 02/11/2015 90 $2,033,126 $1,561,250 Inc. Subordinated Floating Rate, Series 1 due March 31, 2040 Constellation Software Debentures - Symons, Barry Alan 5 02/11/2015 90 $0 -$517,100 Inc. Subordinated Floating Rate, Series 1 due March 31, 2040 Constellation Software Debentures - Symons, Barry Alan 5 24/02/2016 10 1.0871 $523,707 $100,000 Inc. Subordinated Floating Rate, Series 1 due March 31, 2040 Constellation Software Debentures - Symons, Barry Alan 5 02/11/2015 90 $0 -$377,500 Inc. Subordinated Floating Rate, Series 1 due March 31, 2040 Constellation Software Debentures - Symons, Barry Alan 5 02/11/2015 90 $0 -$666,650 Inc. Subordinated Floating Rate, Series 1 due March 31, 2040 CounterPath Common Shares Jones, Donovan 4, 5 04/03/2016 30 3.0489 43,942 891 Corporation CounterPath Common Shares Karp, David 5 04/03/2016 30 3.0489 18,897 150 Corporation Lawrence Covalon Technologies Options Brannagan, John 5 11/11/2015 00 7,500 Ltd. Daniel Covalon Technologies Options Brannagan, John 5 07/03/2016 50 1.13 17,500 10,000 Ltd. Daniel Covalon Technologies Options DiTizio, Valerio 6, 5 07/03/2016 50 1.13 555,000 10,000 Ltd. Covalon Technologies Options Hands, John 5 07/03/2016 00 25,000 Ltd. Crescent Point Energy Deferred Share Amirault, Rene 4 31/03/2015 30 28.48 5,857 133 Corp. Units Crescent Point Energy Deferred Share Amirault, Rene 4 30/06/2015 30 25.65 6,000 143 Corp. Units Crescent Point Energy Deferred Share Amirault, Rene 4 30/09/2015 30 15.21 11,032 340 Corp. Units Crescent Point Energy Deferred Share Amirault, Rene 4 31/12/2015 30 16.09 19,128 330 Corp. Units Crescent Point Energy Deferred Share Bannister, Peter 4 31/03/2015 30 28.48 22,942 521 Corp. Units

March 17, 2016 (2016), 39 OSCB 2520

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Crescent Point Energy Deferred Share Bannister, Peter 4 30/06/2015 30 25.65 23,503 561 Corp. Units Crescent Point Energy Deferred Share Bannister, Peter 4 30/09/2015 30 15.21 28,083 865 Corp. Units Crescent Point Energy Deferred Share Bannister, Peter 4 31/12/2015 30 16.09 34,832 600 Corp. Units Crescent Point Energy Common Shares Christie, Derek 5 31/03/2015 30 28.66 189,193 128 Corp. Wayne Crescent Point Energy Common Shares Christie, Derek 5 30/06/2015 30 25.68 201,911 143 Corp. Wayne Crescent Point Energy Common Shares Christie, Derek 5 29/09/2015 30 15.04 215,414 243 Corp. Wayne Crescent Point Energy Common Shares Christie, Derek 5 29/12/2015 30 16.87 217,694 217 Corp. Wayne Crescent Point Energy Common Shares Christie, Derek 5 15/01/2015 30 25.232 1,218 11 Corp. Wayne Crescent Point Energy Common Shares Christie, Derek 5 15/02/2015 30 30.527 1,227 9 Corp. Wayne Crescent Point Energy Common Shares Christie, Derek 5 15/03/2015 30 27.672 1,237 10 Corp. Wayne Crescent Point Energy Common Shares Christie, Derek 5 15/04/2015 30 29.061 1,246 9 Corp. Wayne Crescent Point Energy Common Shares Christie, Derek 5 15/05/2015 30 28.889 1,255 9 Corp. Wayne Crescent Point Energy Common Shares Christie, Derek 5 15/06/2015 30 26.116 1,266 11 Corp. Wayne Crescent Point Energy Common Shares Christie, Derek 5 15/07/2015 30 27.874 1,278 12 Corp. Wayne Crescent Point Energy Common Shares Christie, Derek 5 15/08/2015 30 17.437 1,294 16 Corp. Wayne Crescent Point Energy Common Shares Christie, Derek 5 15/09/2015 30 16.761 1,301 7 Corp. Wayne Crescent Point Energy Common Shares Christie, Derek 5 15/10/2015 30 20.221 1,307 6 Corp. Wayne Crescent Point Energy Common Shares Christie, Derek 5 15/11/2015 30 17.2 1,314 7 Corp. Wayne Crescent Point Energy Common Shares Christie, Derek 5 15/12/2015 30 15.8 1,322 8 Corp. Wayne Crescent Point Energy Common Shares Christie, Derek 5 15/01/2015 30 25.232 12,552 113 Corp. Wayne Crescent Point Energy Common Shares Christie, Derek 5 15/02/2015 30 30.527 12,646 94 Corp. Wayne Crescent Point Energy Common Shares Christie, Derek 5 15/03/2015 30 27.672 12,751 105 Corp. Wayne Crescent Point Energy Common Shares Christie, Derek 5 15/04/2015 30 29.061 12,851 100 Corp. Wayne Crescent Point Energy Common Shares Christie, Derek 5 15/05/2015 30 28.889 12,953 102 Corp. Wayne Crescent Point Energy Common Shares Christie, Derek 5 15/06/2015 30 26.116 13,067 114 Corp. Wayne Crescent Point Energy Common Shares Christie, Derek 5 15/07/2015 30 27.874 13,193 126 Corp. Wayne Crescent Point Energy Common Shares Christie, Derek 5 15/08/2015 30 17.437 13,367 174 Corp. Wayne Crescent Point Energy Common Shares Christie, Derek 5 15/09/2015 30 16.761 13,446 79 Corp. Wayne Crescent Point Energy Common Shares Christie, Derek 5 15/10/2015 30 20.221 13,512 66 Corp. Wayne Crescent Point Energy Common Shares Christie, Derek 5 15/11/2015 30 17.2 13,590 78 Corp. Wayne Crescent Point Energy Common Shares Christie, Derek 5 15/12/2015 30 15.8 13,676 86 Corp. Wayne Crescent Point Energy Common Shares Christie, Derek 5 15/01/2015 30 25.232 9,095 82 Corp. Wayne Crescent Point Energy Common Shares Christie, Derek 5 15/02/2015 30 30.527 9,163 68 Corp. Wayne

March 17, 2016 (2016), 39 OSCB 2521

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Crescent Point Energy Common Shares Christie, Derek 5 15/03/2015 30 27.672 9,239 76 Corp. Wayne Crescent Point Energy Common Shares Christie, Derek 5 15/04/2015 30 29.061 9,312 73 Corp. Wayne Crescent Point Energy Common Shares Christie, Derek 5 15/05/2015 30 28.889 9,386 74 Corp. Wayne Crescent Point Energy Common Shares Christie, Derek 5 15/06/2015 30 26.116 9,468 82 Corp. Wayne Crescent Point Energy Common Shares Christie, Derek 5 15/07/2015 30 27.874 9,559 91 Corp. Wayne Crescent Point Energy Common Shares Christie, Derek 5 15/08/2015 30 17.437 9,685 126 Corp. Wayne Crescent Point Energy Common Shares Christie, Derek 5 15/09/2015 30 16.761 9,742 57 Corp. Wayne Crescent Point Energy Common Shares Christie, Derek 5 15/10/2015 30 20.221 9,790 48 Corp. Wayne Crescent Point Energy Common Shares Christie, Derek 5 15/11/2015 30 17.2 9,846 56 Corp. Wayne Crescent Point Energy Common Shares Christie, Derek 5 15/12/2015 30 15.8 9,908 62 Corp. Wayne Crescent Point Energy Deferred Share Cillis, Laura Ann 4 30/09/2015 30 15.21 2,824 87 Corp. Units Crescent Point Energy Deferred Share Cillis, Laura Ann 4 31/12/2015 30 16.09 7,484 129 Corp. Units Crescent Point Energy Deferred Share Gillard, D. Hugh 4 31/03/2015 30 28.48 17,233 391 Corp. Units Crescent Point Energy Deferred Share Gillard, D. Hugh 4 30/06/2015 30 25.65 17,654 421 Corp. Units Crescent Point Energy Deferred Share Gillard, D. Hugh 4 30/09/2015 30 15.21 21,039 648 Corp. Units Crescent Point Energy Deferred Share Gillard, D. Hugh 4 31/12/2015 30 16.09 26,019 449 Corp. Units Crescent Point Energy Common Shares Gritzfeldt, Ryan 5 31/03/2015 30 28.66 112,452 128 Corp. Chad Raymond Crescent Point Energy Common Shares Gritzfeldt, Ryan 5 30/06/2015 30 25.68 119,132 143 Corp. Chad Raymond Crescent Point Energy Common Shares Gritzfeldt, Ryan 5 29/09/2015 30 15.04 140,228 243 Corp. Chad Raymond Crescent Point Energy Common Shares Gritzfeldt, Ryan 5 29/12/2015 30 16.87 129,766 217 Corp. Chad Raymond Crescent Point Energy Deferred Share Heinemann, Robert 4 31/03/2015 30 28.48 3,417 78 Corp. Units Frederick Crescent Point Energy Deferred Share Heinemann, Robert 4 30/06/2015 30 25.65 3,501 84 Corp. Units Frederick Crescent Point Energy Deferred Share Heinemann, Robert 4 30/09/2015 30 15.21 6,436 198 Corp. Units Frederick Crescent Point Energy Deferred Share Heinemann, Robert 4 31/12/2015 30 16.09 11,159 192 Corp. Units Frederick Crescent Point Energy Common Shares ROMANZIN, 4 31/12/2015 30 22.081 757 Corp. GERALD A. Crescent Point Energy Common Shares ROMANZIN, 4 31/12/2015 30 22.081 757 Corp. GERALD A. Crescent Point Energy Common Shares ROMANZIN, 4 31/12/2015 30 22.081 8,431 733 Corp. GERALD A. Crescent Point Energy Deferred Share ROMANZIN, 4 31/03/2015 30 28.48 17,233 391 Corp. Units GERALD A. Crescent Point Energy Deferred Share ROMANZIN, 4 30/06/2015 30 25.65 17,654 421 Corp. Units GERALD A. Crescent Point Energy Deferred Share ROMANZIN, 4 30/09/2015 30 15.21 21,039 648 Corp. Units GERALD A. Crescent Point Energy Deferred Share ROMANZIN, 4 31/12/2015 30 16.09 26,019 449 Corp. Units GERALD A. Crescent Point Energy Common Shares Saxberg, Scott 4 31/03/2015 30 28.66 501,644 523 Corp. Crescent Point Energy Common Shares Saxberg, Scott 4 30/06/2015 30 25.68 501,730 584 Corp.

March 17, 2016 (2016), 39 OSCB 2522

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Crescent Point Energy Common Shares Saxberg, Scott 4 29/09/2015 30 15.04 565,386 998 Corp. Crescent Point Energy Common Shares Saxberg, Scott 4 29/12/2015 30 16.87 476,136 889 Corp. Crescent Point Energy Common Shares Smith, Clifford Neil 5 31/03/2015 30 28.66 327,258 173 Corp. Crescent Point Energy Common Shares Smith, Clifford Neil 5 30/06/2015 30 25.68 336,253 193 Corp. Crescent Point Energy Common Shares Smith, Clifford Neil 5 29/09/2015 30 15.04 336,135 329 Corp. Crescent Point Energy Common Shares Smith, Clifford Neil 5 29/12/2015 30 16.86 307,833 293 Corp. Crescent Point Energy Deferred Share Turnbull, Gregory 4 31/03/2015 30 28.48 19,673 446 Corp. Units George Crescent Point Energy Deferred Share Turnbull, Gregory 4 30/06/2015 30 25.65 20,154 481 Corp. Units George Crescent Point Energy Deferred Share Turnbull, Gregory 4 30/09/2015 30 15.21 23,618 727 Corp. Units George Crescent Point Energy Deferred Share Turnbull, Gregory 4 31/12/2015 30 16.09 28,643 494 Corp. Units George Cricket Media Group Restricted Share Lowenstein, David 4 04/03/2016 56 235,385 235,385 Ltd. Units (RSU) Cricket Media Group Restricted Share Lowenstein, David 4 04/03/2016 57 0 -235,385 Ltd. Units (RSU) Cricket Media Group Voting Common Lowenstein, David 4 04/03/2016 57 245,385 235,385 Ltd. Shares Crombie Real Estate Rights Deferred Eby, John Clifford 4 31/12/2015 56 12.95 10,941 4,420 Investment Trust Units Crombie Real Estate Rights Deferred Johnson, Brian A. 4 31/12/2015 56 12.95 3,069 1,099 Investment Trust Units Crombie Real Estate Rights Deferred KNOWLTON, JOHN 4 31/12/2015 56 12.95 3,069 1,099 Investment Trust Units MICHAEL ARTHUR Crombie Real Estate Rights Deferred Latimer, Edward 4 31/12/2015 56 12.96 10,406 4,312 Investment Trust Units John Crombie Real Estate Rights Deferred Palk, Barbara Frank 4 31/12/2015 56 12.95 1,992 1,028 Investment Trust Units Crombie Real Estate Rights Deferred Sobey, Frank C. 4 31/12/2015 56 12.95 7,067 4,465 Investment Trust Units Crombie Real Estate Rights Deferred Sobey, Kent Richard 4 31/12/2015 56 12.95 14,524 6,066 Investment Trust Units Crombie Real Estate Rights Deferred Stroback, Elisabeth 4 31/12/2015 56 12.95 11,303 7,073 Investment Trust Units CT Real Estate Performance Units Forbes, Louis Marie 5 08/03/2016 56 14.332 58,867 15,734 Investment Trust CT Real Estate Performance Units Silver, Kenneth 4, 5 08/03/2016 56 14.332 128,088 35,584 Investment Trust CWC Energy Services Options Flint, Craig 5 11/03/2016 50 0.175 1,500,000 500,000 Corp. Cymat Technologies Common Shares Deyannis, Angie 5 07/03/2016 00 Ltd. Cymat Technologies Common Shares Deyannis, Angie 5 07/03/2016 00 6,000 Ltd. Cymat Technologies Options Deyannis, Angie 5 07/03/2016 00 Ltd. Cymat Technologies Options Deyannis, Angie 5 07/03/2016 00 155,000 Ltd. Cymat Technologies Options Kleebaum, Darryl 5 06/03/2016 52 282,500 -24,000 Ltd. Gregory Cymbria Corporation Non-Voting Shares Bizzarri, Ugo 4 07/03/2016 00 6,570 Class A Shares Cymbria Corporation Non-Voting Shares Bizzarri, Ugo 4 07/03/2016 00 25,000 Class J Shares DealNet Capital Corp. Options Leonard, Paul 5 22/02/2016 50 0.6 600,000 100,000 Francis

March 17, 2016 (2016), 39 OSCB 2523

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Delavaco Residential Common Shares PowerOne Capital 3 31/12/2015 00 Properties Corp. Corp. (formerly Sereno Capital Corporation) Delavaco Residential Common Shares PowerOne Capital 3 10/03/2016 36 0.51 392,157 392,157 Properties Corp. Corp. (formerly Sereno Capital Corporation) Delavaco Residential Convertible PowerOne Capital 3 10/03/2016 36 $800,000 -$200,000 Properties Corp. Debentures Corp. (formerly Sereno Capital Corporation) Denison Mines Corp. Options Dengler, W. Robert 4 10/03/2016 52 247,600 -40,000 Denison Mines Corp. Options Rand, William 4 10/03/2016 52 3.19 190,000 -40,000 Archibald Denison Mines Corp. Options Stefan, Catherine 4 10/03/2016 52 3.19 247,600 -40,000 Jean Garrett DH Corporation Common Shares Denomme, Yves 5 04/03/2016 10 18.49 2,484 100 (formerly Davis + Henderson Corporation) DH Corporation Common Shares Denomme, Yves 5 04/03/2016 10 37.23 2,384 -100 (formerly Davis + Henderson Corporation) DH Corporation Common Shares Denomme, Yves 5 04/03/2016 51 18.49 3,184 800 (formerly Davis + Henderson Corporation) DH Corporation Common Shares Denomme, Yves 5 04/03/2016 51 18.49 800 (formerly Davis + Henderson Corporation) DH Corporation Common Shares Denomme, Yves 5 04/03/2016 51 18.49 800 (formerly Davis + Henderson Corporation) DH Corporation Common Shares Denomme, Yves 5 04/03/2016 51 18.49 800 (formerly Davis + Henderson Corporation) DH Corporation Common Shares Denomme, Yves 5 04/03/2016 10 37.21 2,384 -800 (formerly Davis + Henderson Corporation) DH Corporation Common Shares Denomme, Yves 5 04/03/2016 51 18.49 11,484 9,100 (formerly Davis + Henderson Corporation) DH Corporation Common Shares Denomme, Yves 5 04/03/2016 10 37.2 2,384 -9,100 (formerly Davis + Henderson Corporation) DH Corporation Common Shares Denomme, Yves 5 04/03/2016 51 18.49 300 (formerly Davis + Henderson Corporation) DH Corporation Common Shares Denomme, Yves 5 04/03/2016 51 18.49 300 (formerly Davis + Henderson Corporation) DH Corporation Common Shares Denomme, Yves 5 04/03/2016 51 18.49 300 (formerly Davis + Henderson Corporation) DH Corporation Common Shares Denomme, Yves 5 04/03/2016 51 18.49 2,684 300 (formerly Davis + Henderson Corporation)

March 17, 2016 (2016), 39 OSCB 2524

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed DH Corporation Common Shares Denomme, Yves 5 04/03/2016 10 37.24 2,384 -300 (formerly Davis + Henderson Corporation) DH Corporation Common Shares Denomme, Yves 5 04/03/2016 51 18.49 2,484 100 (formerly Davis + Henderson Corporation) DH Corporation Common Shares Denomme, Yves 5 04/03/2016 10 37.23 2,384 -100 (formerly Davis + Henderson Corporation) DH Corporation Common Shares Denomme, Yves 5 04/03/2016 51 18.49 2,884 500 (formerly Davis + Henderson Corporation) DH Corporation Common Shares Denomme, Yves 5 04/03/2016 10 37.21 2,384 -500 (formerly Davis + Henderson Corporation) DH Corporation Common Shares Denomme, Yves 5 04/03/2016 10 37.2 -516 -2,900 (formerly Davis + Henderson Corporation) DH Corporation Common Shares Denomme, Yves 5 04/03/2016 51 18.49 -416 100 (formerly Davis + Henderson Corporation) DH Corporation Common Shares Denomme, Yves 5 04/03/2016 10 37.18 -516 -100 (formerly Davis + Henderson Corporation) DH Corporation Common Shares Denomme, Yves 5 04/03/2016 51 18.49 -416 100 (formerly Davis + Henderson Corporation) DH Corporation Common Shares Denomme, Yves 5 04/03/2016 10 37.115 -516 -100 (formerly Davis + Henderson Corporation) DH Corporation Common Shares Denomme, Yves 5 04/03/2016 51 18.49 3,084 3,600 (formerly Davis + Henderson Corporation) DH Corporation Common Shares Denomme, Yves 5 04/03/2016 10 37.1 -516 -3,600 (formerly Davis + Henderson Corporation) DH Corporation Common Shares Denomme, Yves 5 04/03/2016 51 18.49 2,384 2,900 (formerly Davis + Henderson Corporation) DH Corporation Options Denomme, Yves 5 04/03/2016 51 18.49 117,013 -100 (formerly Davis + Henderson Corporation) DH Corporation Options Denomme, Yves 5 04/03/2016 51 18.49 116,213 -800 (formerly Davis + Henderson Corporation) DH Corporation Options Denomme, Yves 5 04/03/2016 51 18.49 107,113 -9,100 (formerly Davis + Henderson Corporation) DH Corporation Options Denomme, Yves 5 04/03/2016 51 18.49 106,544 -569 (formerly Davis + Henderson Corporation) DH Corporation Options Denomme, Yves 5 04/03/2016 51 18.49 106,444 -100 (formerly Davis + Henderson Corporation)

March 17, 2016 (2016), 39 OSCB 2525

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed DH Corporation Options Denomme, Yves 5 04/03/2016 51 18.49 105,944 -500 (formerly Davis + Henderson Corporation) DH Corporation Options Denomme, Yves 5 04/03/2016 51 18.49 103,044 -2,900 (formerly Davis + Henderson Corporation) DH Corporation Options Denomme, Yves 5 04/03/2016 51 18.49 102,944 -100 (formerly Davis + Henderson Corporation) DH Corporation Options Denomme, Yves 5 04/03/2016 51 18.49 102,844 -100 (formerly Davis + Henderson Corporation) DH Corporation Options Denomme, Yves 5 04/03/2016 51 18.49 99,244 -3,600 (formerly Davis + Henderson Corporation) DH Corporation Common Shares Schmid, Gerrard 7 26/02/2016 51 37.477 20,000 (formerly Davis + Bruce Henderson Corporation) DH Corporation Common Shares Schmid, Gerrard 7 26/02/2016 51 37.477 20,000 (formerly Davis + Bruce Henderson Corporation) DH Corporation Common Shares Schmid, Gerrard 7 26/02/2016 51 37.477 20,000 (formerly Davis + Bruce Henderson Corporation) DH Corporation Common Shares Schmid, Gerrard 7 26/02/2016 51 37.447 20,000 (formerly Davis + Bruce Henderson Corporation) DH Corporation Common Shares Schmid, Gerrard 7 26/02/2016 51 37.447 20,000 (formerly Davis + Bruce Henderson Corporation) DH Corporation Common Shares Schmid, Gerrard 7 26/02/2016 51 37.447 20,000 (formerly Davis + Bruce Henderson Corporation) DH Corporation Common Shares Schmid, Gerrard 7 26/02/2016 51 20.26 33,000 (formerly Davis + Bruce Henderson Corporation) DH Corporation Common Shares Schmid, Gerrard 7 26/02/2016 51 20.26 33,000 (formerly Davis + Bruce Henderson Corporation) DH Corporation Common Shares Schmid, Gerrard 7 26/02/2016 51 20.26 33,000 (formerly Davis + Bruce Henderson Corporation) DH Corporation Options Schmid, Gerrard 7 26/02/2016 51 37.447 -20,000 (formerly Davis + Bruce Henderson Corporation) DH Corporation Options Schmid, Gerrard 7 26/02/2016 51 37.447 -20,000 (formerly Davis + Bruce Henderson Corporation) DH Corporation Options Schmid, Gerrard 7 26/02/2016 51 37.447 -20,000 (formerly Davis + Bruce Henderson Corporation) DH Corporation Options Schmid, Gerrard 7 26/02/2016 51 37.447 -20,000 (formerly Davis + Bruce Henderson Corporation)

March 17, 2016 (2016), 39 OSCB 2526

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed DH Corporation Options Schmid, Gerrard 7 26/02/2016 51 37.447 -20,000 (formerly Davis + Bruce Henderson Corporation) DH Corporation Options Schmid, Gerrard 7 26/02/2016 51 37.447 -20,000 (formerly Davis + Bruce Henderson Corporation) DH Corporation Options Schmid, Gerrard 7 26/02/2016 51 20.26 -20,000 (formerly Davis + Bruce Henderson Corporation) DH Corporation Options Schmid, Gerrard 7 26/02/2016 51 20.26 -20,000 (formerly Davis + Bruce Henderson Corporation) DH Corporation Options Schmid, Gerrard 7 26/02/2016 51 20.26 -20,000 (formerly Davis + Bruce Henderson Corporation) DH Corporation Options Schmid, Gerrard 7 26/02/2016 51 20.26 -33,000 (formerly Davis + Bruce Henderson Corporation) DH Corporation Options Schmid, Gerrard 7 26/02/2016 51 20.26 -33,000 (formerly Davis + Bruce Henderson Corporation) DH Corporation Options Schmid, Gerrard 7 26/02/2016 51 20.26 -33,000 (formerly Davis + Bruce Henderson Corporation) DMD Digital Health Common Shares Benthin, Mark 4 02/03/2016 10 0.2 3,647,754 -11,500 Connections Group Inc. (Formely Aptilon Corporation) DMD Digital Health Common Shares Martineau, Denis 4 09/03/2016 10 0.185 12,615,854 19,500 Connections Group Inc. (Formely Aptilon Corporation) Dream Hard Asset Units Dream Asset 5 07/03/2016 10 5.4649 3,948,400 11,000 Alternatives Trust Management Corporation Dream Hard Asset Units Dream Asset 5 08/03/2016 10 5.5129 3,962,200 13,800 Alternatives Trust Management Corporation Dream Hard Asset Units Dream Asset 5 09/03/2016 10 5.5325 3,969,400 7,200 Alternatives Trust Management Corporation Dream Hard Asset Units Dream Asset 5 10/03/2016 10 5.6548 3,986,400 17,000 Alternatives Trust Management Corporation Dream Hard Asset Units Dream Asset 5 11/03/2016 10 5.6954 3,997,100 10,700 Alternatives Trust Management Corporation Dream Hard Asset Units Dream Hard Asset 1 07/03/2016 38 5.4626 9,322 9,322 Alternatives Trust Alternatives Trust Dream Hard Asset Units Dream Hard Asset 1 07/03/2016 38 0 -9,322 Alternatives Trust Alternatives Trust Dream Hard Asset Units Dream Hard Asset 1 08/03/2016 38 5.5082 14,222 14,222 Alternatives Trust Alternatives Trust Dream Hard Asset Units Dream Hard Asset 1 08/03/2016 38 0 -14,222 Alternatives Trust Alternatives Trust Dream Hard Asset Units Dream Hard Asset 1 09/03/2016 38 5.5082 7,622 7,622 Alternatives Trust Alternatives Trust Dream Hard Asset Units Dream Hard Asset 1 09/03/2016 38 0 -7,622 Alternatives Trust Alternatives Trust Dream Hard Asset Units Dream Hard Asset 1 10/03/2016 38 5.6157 7,822 7,822 Alternatives Trust Alternatives Trust Dream Hard Asset Units Dream Hard Asset 1 10/03/2016 38 0 -7,822 Alternatives Trust Alternatives Trust

March 17, 2016 (2016), 39 OSCB 2527

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Dream Hard Asset Units Dream Hard Asset 1 11/03/2016 38 5.68 4,000 4,000 Alternatives Trust Alternatives Trust Dream Hard Asset Units Dream Hard Asset 1 11/03/2016 38 0 -4,000 Alternatives Trust Alternatives Trust Dream Office Real Rights deferred BIERBAUM, 4 31/12/2015 30 49,637 4,387 Estate Investment trust units DETLEF Trust Dream Office Real Rights deferred Charter, Donald 4, 6 31/12/2015 30 33,355 2,897 Estate Investment trust units Kinloch Trust Dream Office Real Rights deferred Cooper, Michael 4, 7, 5 31/12/2015 30 211,653 19,053 Estate Investment trust units Trust Dream Office Real Rights deferred Ferstman, Joanne 4 31/12/2015 30 41,873 3,663 Estate Investment trust units Shari Trust Dream Office Real Rights deferred GOODALL, 4 31/12/2015 30 41,288 3,632 Estate Investment trust units ROBERT Trust Dream Office Real Rights deferred Jackman, Duncan 4 31/12/2015 30 41,131 3,615 Estate Investment trust units Newton Rowell Trust Dream Office Real Rights deferred MacIndoe, Karine 4 31/12/2015 30 4,219 231 Estate Investment trust units Trust Dream Office Real Rights deferred Viswanathan, Rajeev 5 31/12/2015 30 20,775 775 Estate Investment trust units Trust Dundee Precious Common Shares Dorfman, Michael 5 03/03/2016 10 1.19 10,000 3,000 Metals Inc. Ryan Dundee Precious Common Shares John, William Murray 4 03/03/2016 10 1.28 82,500 20,000 Metals Inc. E-L Financial Common Shares Canadian & Foreign 3 10/03/2016 10 654 415,548 2,100 Corporation Limited Securities Co. Limited E-L Financial Common Shares Dominion and Anglo 3 09/03/2016 47 654 1,378,323 -4,000 Corporation Limited Investment Corporation Limited E-L Financial Common Shares Jackman, Duncan 4, 5 07/03/2016 10 650 3,226 100 Corporation Limited Newton Rowell E-L Financial Common Shares Jackman, Duncan 4, 5 08/03/2016 10 654 3,326 100 Corporation Limited Newton Rowell East Coast Investment Units Arrow Capital 7 07/03/2016 10 8.45 22,800 1,500 Grade Income Fund Management Inc. East Coast Investment Units Arrow Capital 7 10/03/2016 10 8.42 25,900 3,100 Grade Income Fund Management Inc. East Coast Investment Units Arrow Capital 7 11/03/2016 10 8.42 26,600 700 Grade Income Fund Management Inc. Easy Technologies Inc. Options Deol, Gurcharn 4 12/01/2015 00 Easy Technologies Inc. Options Janda, Rajen Singh 4, 5 11/09/2015 00 Easy Technologies Inc. Options Janda, Rajen Singh 4, 5 11/03/2016 50 100,000 100,000 Eclipse Residential Class A Shares Eclipse Residential 1 01/02/2016 38 9.2 500 500 Mortgage Investment Mortgage Investment Corporation Corporation Eclipse Residential Class A Shares Eclipse Residential 1 01/02/2016 38 9.2 0 -500 Mortgage Investment Mortgage Investment Corporation Corporation Eclipse Residential Class A Shares Eclipse Residential 1 02/02/2016 38 9.22 3,000 3,000 Mortgage Investment Mortgage Investment Corporation Corporation Eclipse Residential Class A Shares Eclipse Residential 1 02/02/2016 38 9.22 0 -3,000 Mortgage Investment Mortgage Investment Corporation Corporation Eclipse Residential Class A Shares Eclipse Residential 1 09/02/2016 38 9.2 1,200 1,200 Mortgage Investment Mortgage Investment Corporation Corporation Eclipse Residential Class A Shares Eclipse Residential 1 09/02/2016 38 9.2 0 -1,200 Mortgage Investment Mortgage Investment Corporation Corporation

March 17, 2016 (2016), 39 OSCB 2528

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Eclipse Residential Class A Shares Eclipse Residential 1 10/02/2016 38 9.15 800 800 Mortgage Investment Mortgage Investment Corporation Corporation Eclipse Residential Class A Shares Eclipse Residential 1 10/02/2016 38 9.15 0 -800 Mortgage Investment Mortgage Investment Corporation Corporation Eclipse Residential Class A Shares Eclipse Residential 1 11/02/2016 38 9.15 300 300 Mortgage Investment Mortgage Investment Corporation Corporation Eclipse Residential Class A Shares Eclipse Residential 1 11/02/2016 38 9.15 0 -300 Mortgage Investment Mortgage Investment Corporation Corporation Eclipse Residential Class A Shares Eclipse Residential 1 17/02/2016 38 9.2 1,600 1,600 Mortgage Investment Mortgage Investment Corporation Corporation Eclipse Residential Class A Shares Eclipse Residential 1 17/02/2016 38 9.2 0 -1,600 Mortgage Investment Mortgage Investment Corporation Corporation Economic Investment Common Shares Canadian & Foreign 3 09/03/2016 10 103 693,313 400 Trust Limited Securities Co. Limited EcoSynthetix Inc. Options Bloembergen, 5 31/12/2015 52 286,689 -46,659 Steven EcoSynthetix Inc. Options Bloembergen, 5 31/12/2015 58 - 282,783 -3,906 Steven Expiration of rights EcoSynthetix Inc. Options De Jong, Ralph 5 31/12/2015 52 131,404 -17,212 Lewis EcoSynthetix Inc. Options De Jong, Ralph 5 31/12/2015 58 - 129,963 -1,441 Lewis Expiration of rights EcoSynthetix Inc. Options De Jong, Ralph 5 07/03/2016 50 1.28 173,432 43,469 Lewis EcoSynthetix Inc. Options De Jong, Ralph 5 07/03/2016 56 180,111 6,679 Lewis EcoSynthetix Inc. Options Greenall, Philip 5 31/12/2015 52 104,579 -22,949 Anthony EcoSynthetix Inc. Options Greenall, Philip 5 31/12/2015 58 - 102,658 -1,921 Anthony Expiration of rights EcoSynthetix Inc. Options Greenall, Philip 5 07/03/2016 50 1.28 138,251 35,593 Anthony EcoSynthetix Inc. Options Greenall, Philip 5 07/03/2016 56 143,720 5,469 Anthony EcoSynthetix Inc. Options Haire, Robert Martin 5 31/12/2015 52 750,340 -82,949 EcoSynthetix Inc. Options Haire, Robert Martin 5 31/12/2015 58 - 743,396 -6,944 Expiration of rights EcoSynthetix Inc. Options Haire, Robert Martin 5 07/03/2016 50 1.28 -152,542 EcoSynthetix Inc. Options Haire, Robert Martin 5 07/03/2016 50 1.28 895,938 152,542 EcoSynthetix Inc. Options Haire, Robert Martin 5 07/03/2016 56 919,376 23,438 EcoSynthetix Inc. Options MacDonald, Jeffrey 5 07/03/2016 50 1.28 2,054,040 266,949 Douglas EcoSynthetix Inc. Options MacDonald, Jeffrey 5 07/03/2016 56 2,095,056 41,016 Douglas EcoSynthetix Inc. Options van Ballegooie, 5 31/12/2015 52 147,924 -24,276 Peter EcoSynthetix Inc. Options van Ballegooie, 5 31/12/2015 58 - 145,892 -2,032 Peter Expiration of rights EcoSynthetix Inc. Options van Ballegooie, 5 07/03/2016 50 1.28 191,427 45,535 Peter EcoSynthetix Inc. Options van Ballegooie, 5 07/03/2016 56 198,423 6,996 Peter EcoSynthetix Inc. Options VanEgdom, Edward 5 31/12/2015 52 331,110 -73,272 (Ted) EcoSynthetix Inc. Options VanEgdom, Edward 5 31/12/2015 58 - 324,976 -6,134 (Ted) Expiration of rights

March 17, 2016 (2016), 39 OSCB 2529

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed EcoSynthetix Inc. Options VanEgdom, Edward 5 07/03/2016 50 1.28 459,722 134,746 (Ted) EcoSynthetix Inc. Options VanEgdom, Edward 5 07/03/2016 56 480,425 20,703 (Ted) EcoSynthetix Inc. Options Wright, James 5 07/03/2016 00 Thomas EcoSynthetix Inc. Options Wright, James 5 07/03/2016 00 Thomas EcoSynthetix Inc. Options Wright, James 5 07/03/2016 50 1.28 116,949 116,949 Thomas EcoSynthetix Inc. Rights RSU Wright, James 5 07/03/2016 00 17,969 Thomas Eldorado Gold Common Shares CHO, JASON 5 07/03/2016 36 4.86 23,729 12,624 Corporation Eldorado Gold Restricted Share CHO, JASON 5 07/03/2016 38 57,549 -6,377 Corporation Units Eldorado Gold Restricted Share CHO, JASON 5 07/03/2016 38 51,302 -6,247 Corporation Units Eldorado Gold Common Shares Eldorado Gold 1 07/03/2016 36 1,379,517 -12,624 Corporation Corporation Eldorado Gold Common Shares Eldorado Gold 1 07/03/2016 36 1,310,948 -68,569 Corporation Corporation Eldorado Gold Common Shares Wright, Paul 4, 5 07/03/2016 36 4.86 1,238,537 68,569 Corporation Nicholas Eldorado Gold Restricted Share Wright, Paul 4, 5 07/03/2016 38 294,433 -68,569 Corporation Units Nicholas Element Financial Deferred Share Bridge, Harold Dixon 4 04/03/2016 56 14.326 35,057 7,679 Corporation Units Element Financial Deferred Share Giffin, Gordon 4 04/03/2016 56 14.326 37,509 10,241 Corporation Units Element Financial Options HOWATT, Bradley 5 26/02/2016 00 Corporation Element Financial Options HOWATT, Bradley 5 04/03/2016 56 15.11 25,000 25,000 Corporation Element Financial Performance Share HOWATT, Bradley 5 26/02/2016 00 Corporation Units Element Financial Performance Share HOWATT, Bradley 5 04/03/2016 56 14.326 10,470 10,470 Corporation Units Element Financial Deferred Share Lamm-Tennant, 5 04/03/2016 56 14.326 43,560 10,241 Corporation Units Joan Element Financial Deferred Share Lortie, Pierre 4 04/03/2016 56 14.326 35,957 7,679 Corporation Units Element Financial Deferred Share Lovatt, William 4 04/03/2016 56 14.326 70,232 29,093 Corporation Units Wayne Element Financial Deferred Share Stoyan, Paul James 4 04/03/2016 56 14.326 26,758 7,679 Corporation Units Element Financial Deferred Share Tobin, Brian Vincent 4 04/03/2016 56 14.326 30,841 7,679 Corporation Units Element Financial Deferred Share Venn, Richard 4 04/03/2016 56 14.326 43,686 11,343 Corporation Units Emera Incorporated Common Shares Bennett, Robert 5 08/03/2016 51 21.58 4,635 2,500 Ross Emera Incorporated Common Shares Bennett, Robert 5 08/03/2016 51 21.99 14,335 9,700 Ross Emera Incorporated Common Shares Bennett, Robert 5 08/03/2016 51 23.94 28,060 13,725 Ross Emera Incorporated Common Shares Bennett, Robert 5 08/03/2016 51 32.06 42,560 14,500 Ross Emera Incorporated Common Shares Bennett, Robert 5 08/03/2016 51 33.35 71,503 28,943 Ross Emera Incorporated Common Shares Bennett, Robert 5 08/03/2016 51 34.8 92,653 21,150 Ross Emera Incorporated Common Shares Bennett, Robert 5 08/03/2016 51 32.35 107,453 14,800 Ross Emera Incorporated Common Shares Bennett, Robert 5 08/03/2016 10 46.78 2,135 -105,318 Ross

March 17, 2016 (2016), 39 OSCB 2530

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Emera Incorporated Options Bennett, Robert 5 08/03/2016 51 21.58 189,168 -2,500 Ross Emera Incorporated Options Bennett, Robert 5 08/03/2016 51 21.99 179,468 -9,700 Ross Emera Incorporated Options Bennett, Robert 5 08/03/2016 51 23.94 165,743 -13,725 Ross Emera Incorporated Options Bennett, Robert 5 08/03/2016 51 32.06 151,243 -14,500 Ross Emera Incorporated Options Bennett, Robert 5 08/03/2016 51 33.35 122,300 -28,943 Ross Emera Incorporated Options Bennett, Robert 5 08/03/2016 51 34.8 101,150 -21,150 Ross Emera Incorporated Options Bennett, Robert 5 08/03/2016 51 32.35 86,350 -14,800 Ross Emera Incorporated DSU Blunden, Gregory 5 01/03/2016 00 8,742 Emera Incorporated Options Blunden, Gregory 5 01/03/2016 00 53,125 Emera Incorporated Performance Share Blunden, Gregory 5 01/03/2016 00 11,807 Units Emera Incorporated Common Shares MacDonald, Sarah 5 04/03/2016 51 19.88 6,750 6,750 Emera Incorporated Common Shares MacDonald, Sarah 5 04/03/2016 10 45.98 0 -6,750 Emera Incorporated Options MacDonald, Sarah 5 04/03/2016 51 19.88 123,300 -6,750 Emera Incorporated Common Shares Marchand, Bruce 5 03/03/2016 51 32.35 9,200 9,200 Emera Incorporated Common Shares Marchand, Bruce 5 03/03/2016 10 45.8 0 -9,200 Emera Incorporated Options Marchand, Bruce 5 03/03/2016 51 32.35 66,900 -9,200 Emera Incorporated DSU Sidebottom, Mark 7 01/03/2016 00 6,223 Emera Incorporated Options Sidebottom, Mark 7 01/03/2016 00 29,300 Emera Incorporated Performance Share Sidebottom, Mark 7 01/03/2016 00 6,090 Units Enbridge Inc. Common Shares Balko, Jody 7 01/12/2015 30 46.84 9,200 43 Enbridge Inc. Common Shares Balko, Jody 7 07/03/2016 51 20.21 24,300 15,100 Enbridge Inc. Common Shares Balko, Jody 7 07/03/2016 10 49.99 9,200 -15,100 Enbridge Inc. Common Shares Balko, Jody 7 03/03/2016 30 34.38 6,971 147 Enbridge Inc. Options $20.21 Balko, Jody 7 01/01/2014 00 60,400 ($40.42) - February 19, 2018 Expiry Enbridge Inc. Options $20.21 Balko, Jody 7 07/03/2016 51 45,300 -15,100 ($40.42) - February 19, 2018 Expiry Enbridge Inc. Common Shares Jarvis, Donald Guy 5 01/12/2015 30 52.34 45,122 388 Enbridge Inc. Common Shares Jarvis, Donald Guy 5 07/03/2016 51 28.78 70,422 25,300 Enbridge Inc. Common Shares Jarvis, Donald Guy 5 07/03/2016 38 49.38 55,679 -14,743 Enbridge Inc. Common Shares Jarvis, Donald Guy 5 07/03/2016 10 49.4 45,122 -10,557 Enbridge Inc. Common Shares Jarvis, Donald Guy 5 07/03/2016 51 38.34 90,922 45,800 Enbridge Inc. Common Shares Jarvis, Donald Guy 5 07/03/2016 38 49.38 55,361 -35,561 Enbridge Inc. Common Shares Jarvis, Donald Guy 5 07/03/2016 10 49.69 45,122 -10,239 Enbridge Inc. Common Shares Jarvis, Donald Guy 5 07/03/2016 51 44.83 90,385 45,263 Enbridge Inc. Common Shares Jarvis, Donald Guy 5 07/03/2016 38 49.38 49,292 -41,093 Enbridge Inc. Common Shares Jarvis, Donald Guy 5 07/03/2016 10 49.4 45,122 -4,170 Enbridge Inc. Options $28.775 Jarvis, Donald Guy 5 07/03/2016 51 0 -25,300 ($57.55) - February 14, 2021 Expiry Enbridge Inc. Options $38.34 - Jarvis, Donald Guy 5 07/03/2016 51 0 -45,800 March 2, 2022 Expiry Enbridge Inc. Options $44.06 - Jarvis, Donald Guy 5 19/02/2003 00 March 1, 2026 Expiry Enbridge Inc. Options $44.06 - Jarvis, Donald Guy 5 29/02/2016 50 44.06 103,800 103,800 March 1, 2026 Expiry Enbridge Inc. Options $44.83 - Jarvis, Donald Guy 5 07/03/2016 51 15,087 -45,263 February 27, 2023 Expiry

March 17, 2016 (2016), 39 OSCB 2531

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Enbridge Inc. Rights - 2014 Jarvis, Donald Guy 5 07/03/2016 30 12,037 593 Performance Units (PUs) - December 31, 2016 Expiry Enbridge Inc. Rights - 2015 Jarvis, Donald Guy 5 07/03/2016 30 8,768 332 Performance Units (PUs) - December 31, 2017 Expiry Enbridge Inc. Rights 2016 Jarvis, Donald Guy 5 19/02/2003 00 Performance Units (PUs) - December 31, 2018 Expiry Enbridge Inc. Rights 2016 Jarvis, Donald Guy 5 29/02/2016 56 12,890 12,890 Performance Units (PUs) - December 31, 2018 Expiry Enbridge Inc. Rights 2016 Jarvis, Donald Guy 5 07/03/2016 30 13,046 156 Performance Units (PUs) - December 31, 2018 Expiry Enbridge Inc. Common Shares Monaco, Albert 4, 5 04/03/2016 30 43.78 369,642 3,468 Enbridge Inc. Common Shares Monaco, Albert 4, 5 08/03/2016 30 47.53 374,780 5,138 Enbridge Inc. Options $44.06 - Monaco, Albert 4, 5 13/02/2003 00 March 1, 2026 Expiry Enbridge Inc. Options $44.06 - Monaco, Albert 4, 5 29/02/2016 50 44.06 365,000 365,000 March 1, 2026 Expiry Enbridge Inc. Rights - 2013 Monaco, Albert 4, 5 31/12/2015 30 31,505 827 Performance Units (PUs) - December 31, 2015 Expiry Enbridge Inc. Rights - 2013 Monaco, Albert 4, 5 11/03/2016 59 0 -31,505 Performance Units (PUs) - December 31, 2015 Expiry Enbridge Inc. Rights - 2014 Monaco, Albert 4, 5 07/03/2016 30 30,718 1,514 Performance Units (PUs) - December 31, 2016 Expiry Enbridge Inc. Rights - 2015 Monaco, Albert 4, 5 07/03/2016 30 52,379 1,986 Performance Units (PUs) - December 31, 2017 Expiry Enbridge Inc. Rights 2016 Monaco, Albert 4, 5 13/02/2003 00 Performance Units (PUs) - December 31, 2018 Expiry Enbridge Inc. Rights 2016 Monaco, Albert 4, 5 29/02/2016 56 62,100 62,100 Performance Units (PUs) - December 31, 2018 Expiry Enbridge Inc. Rights 2016 Monaco, Albert 4, 5 07/03/2016 30 62,852 752 Performance Units (PUs) - December 31, 2018 Expiry Enbridge Inc. Common Shares Robottom, David 5 01/12/2015 30 46.84 49,877 296 Thomas Enbridge Inc. Common Shares Robottom, David 5 07/03/2016 51 23.3 78,377 28,500 Thomas Enbridge Inc. Common Shares Robottom, David 5 07/03/2016 38 50 65,098 -13,279 Thomas Enbridge Inc. Common Shares Robottom, David 5 07/03/2016 10 50 49,877 -15,221 Thomas Enbridge Inc. Common Shares Robottom, David 5 08/03/2016 30 44.93 50,215 338 Thomas Enbridge Inc. Common Shares Robottom, David 5 01/12/2015 30 54.52 5,478 101 Thomas Enbridge Inc. Options $23.295 Robottom, David 5 07/03/2016 51 0 -28,500 ($46.59) - February Thomas 16, 2020 Expiry

March 17, 2016 (2016), 39 OSCB 2532

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Enbridge Inc. Options $44.06 - Robottom, David 5 01/06/2006 00 March 1, 2026 Thomas Expiry Enbridge Inc. Options $44.06 - Robottom, David 5 29/02/2016 50 44.06 68,940 68,940 March 1, 2026 Thomas Expiry Enbridge Inc. Rights - 2014 Robottom, David 5 07/03/2016 30 8,496 282 Performance Units Thomas (PUs) - December 31, 2016 Expiry Enbridge Inc. Rights - 2015 Robottom, David 5 07/03/2016 30 6,726 146 Performance Units Thomas (PUs) - December 31, 2017 Expiry Enbridge Inc. Rights 2016 Robottom, David 5 01/06/2006 00 Performance Units Thomas (PUs) - December 31, 2018 Expiry Enbridge Inc. Rights 2016 Robottom, David 5 29/02/2016 56 8,560 8,560 Performance Units Thomas (PUs) - December 31, 2018 Expiry Enbridge Inc. Rights 2016 Robottom, David 5 07/03/2016 30 8,664 104 Performance Units Thomas (PUs) - December 31, 2018 Expiry Enbridge Inc. Common Shares SCHULDHAUS, 7 08/03/2016 30 47.53 1,267 100 PERRY FRANK Enbridge Inc. Common Shares SCHULDHAUS, 7 08/03/2016 51 20.21 16,830 15,000 PERRY FRANK Enbridge Inc. Common Shares SCHULDHAUS, 7 08/03/2016 10 50.36 1,830 -15,000 PERRY FRANK Enbridge Inc. Common Shares SCHULDHAUS, 7 08/03/2016 30 45.31 1,870 40 PERRY FRANK Enbridge Inc. Common Shares SCHULDHAUS, 7 08/03/2016 30 45.31 247 5 PERRY FRANK Enbridge Inc. Options $20.21 SCHULDHAUS, 7 08/03/2016 51 10,400 -15,000 ($40.42) - February PERRY FRANK 19, 2018 Expiry Enbridge Inc. Options $44.06 - SCHULDHAUS, 7 01/09/2015 00 March 1, 2026 PERRY FRANK Expiry Enbridge Inc. Options $44.06 - SCHULDHAUS, 7 29/02/2016 50 44.06 47,000 47,000 March 1, 2026 PERRY FRANK Expiry Enbridge Inc. Rights - 2013 SCHULDHAUS, 7 31/12/2015 30 2,571 25 Performance Units PERRY FRANK (PUs) - December 31, 2015 Expiry Enbridge Inc. Rights - 2013 SCHULDHAUS, 7 11/03/2016 59 0 -2,571 Performance Units PERRY FRANK (PUs) - December 31, 2015 Expiry Enbridge Inc. Rights - 2014 SCHULDHAUS, 7 07/03/2016 30 2,941 98 Performance Units PERRY FRANK (PUs) - December 31, 2016 Expiry Enbridge Inc. Rights - 2015 SCHULDHAUS, 7 07/03/2016 30 2,367 51 Performance Units PERRY FRANK (PUs) - December 31, 2017 Expiry Enbridge Inc. Rights 2016 SCHULDHAUS, 7 01/09/2015 00 Performance Units PERRY FRANK (PUs) - December 31, 2018 Expiry Enbridge Inc. Rights 2016 SCHULDHAUS, 7 29/02/2016 56 2,650 2,650 Performance Units PERRY FRANK (PUs) - December 31, 2018 Expiry

March 17, 2016 (2016), 39 OSCB 2533

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Enbridge Inc. Rights 2016 SCHULDHAUS, 7 07/03/2016 30 2,682 32 Performance Units PERRY FRANK (PUs) - December 31, 2018 Expiry Enbridge Income Fund Common Shares SCHULDHAUS, 7, 5 31/12/2015 30 34.95 6,128 128 Holdings Inc. PERRY FRANK Encana Corporation Options Alexander, Joanne 5 03/03/2016 50 5.56 168,488 97,499 Linette Encana Corporation Restricted Share Alexander, Joanne 5 03/03/2016 56 52,449 38,220 Units Linette Encana Corporation Rights - Alexander, Joanne 5 03/03/2016 56 121,638 76,439 Performance Share Linette Unit Plan Encana Corporation Restricted Share Balmer, Jeffrey Scott 7 03/03/2016 56 89,789 58,190 Units Encana Corporation Rights - Balmer, Jeffrey Scott 7 03/03/2016 56 156,582 116,380 Performance Share Unit Plan Encana Corporation Shareholder Balmer, Jeffrey Scott 7 03/03/2016 56 4.06 202,879 Appreciation Rights Encana Corporation Shareholder Balmer, Jeffrey Scott 7 03/03/2016 56 4.06 315,432 140,217 Appreciation Rights Encana Corporation Shareholder Balmer, Jeffrey Scott 7 09/03/2016 58 - 31.45 296,432 -19,000 Appreciation Rights Expiration of rights Encana Corporation Options Brillon, Sherri 5 03/03/2016 50 5.56 1,017,502 367,868 Encana Corporation Options Brillon, Sherri 5 09/03/2016 52 31.03 947,502 -70,000 Encana Corporation Restricted Share Brillon, Sherri 5 03/03/2016 56 170,955 103,418 Units Encana Corporation Rights - Brillon, Sherri 5 19/02/2016 38 135,073 -54,474 Performance Share Unit Plan Encana Corporation Rights - Brillon, Sherri 5 03/03/2016 56 341,908 206,835 Performance Share Unit Plan Encana Corporation Options Code, Corey 7 03/03/2016 50 5.56 269,698 98,796 Douglas Encana Corporation Options Code, Corey 7 09/03/2016 52 31.03 254,698 -15,000 Douglas Encana Corporation Restricted Share Code, Corey 7 03/03/2016 56 60,550 34,398 Units Douglas Encana Corporation Rights - Code, Corey 7 19/02/2016 38 33,854 -6,056 Performance Share Douglas Unit Plan Encana Corporation Rights - Code, Corey 7 03/03/2016 56 102,649 68,795 Performance Share Douglas Unit Plan Encana Corporation Restricted Share Hill, David Glen 5 03/03/2016 56 148,044 92,365 Units Encana Corporation Rights - Hill, David Glen 5 19/02/2016 38 111,358 -5,334 Performance Share Unit Plan Encana Corporation Rights - Hill, David Glen 5 03/03/2016 56 296,088 184,730 Performance Share Unit Plan Encana Corporation Shareholder Hill, David Glen 5 03/03/2016 56 4.06 222,566 Appreciation Rights Encana Corporation Shareholder Hill, David Glen 5 03/03/2016 56 4.06 530,377 231,541 Appreciation Rights Encana Corporation Shareholder Hill, David Glen 5 09/03/2016 58 - 31.45 515,377 -15,000 Appreciation Rights Expiration of rights Encana Corporation Restricted Share Jones, John Burton 7 03/03/2016 56 37,001 19,089 Units Encana Corporation Rights - Jones, John Burton 7 19/02/2016 38 19,598 -4,572 Performance Share Unit Plan

March 17, 2016 (2016), 39 OSCB 2534

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Encana Corporation Rights - Jones, John Burton 7 03/03/2016 56 57,776 38,178 Performance Share Unit Plan Encana Corporation Shareholder Jones, John Burton 7 03/03/2016 56 4.06 166,922 53,692 Appreciation Rights Encana Corporation Shareholder Jones, John Burton 7 09/03/2016 58 - 31.45 153,922 -13,000 Appreciation Rights Expiration of rights Encana Corporation Options McAllister, Michael 5 03/03/2016 50 5.56 1,123,996 488,764 Encana Corporation Options McAllister, Michael 5 09/03/2016 52 31.03 1,083,996 -40,000 Encana Corporation Restricted Share McAllister, Michael 5 03/03/2016 56 228,050 134,893 Units Encana Corporation Rights - McAllister, Michael 5 19/02/2016 38 186,312 -79,313 Performance Share Unit Plan Encana Corporation Rights - McAllister, Michael 5 03/03/2016 56 456,097 269,785 Performance Share Unit Plan Encana Corporation Options McCracken, Brendan 7 03/03/2016 50 5.56 266,673 101,471 Michael Encana Corporation Options McCracken, Brendan 7 09/03/2016 52 31.03 255,673 -11,000 Michael Encana Corporation Restricted Share McCracken, Brendan 7 03/03/2016 56 56,206 Units Michael Encana Corporation Restricted Share McCracken, Brendan 7 03/03/2016 56 71,330 39,777 Units Michael Encana Corporation Rights - McCracken, Brendan 7 03/03/2016 56 119,357 79,553 Performance Share Michael Unit Plan Encana Corporation Restricted Share Nicks, David Allen 7 03/03/2016 56 46,852 29,095 Units Encana Corporation Rights - Nicks, David Allen 7 19/02/2016 38 19,692 -4,572 Performance Share Unit Plan Encana Corporation Rights - Nicks, David Allen 7 03/03/2016 56 77,882 58,190 Performance Share Unit Plan Encana Corporation Shareholder Nicks, David Allen 7 03/03/2016 56 4.06 70,109 Appreciation Rights Encana Corporation Shareholder Nicks, David Allen 7 03/03/2016 56 4.06 235,839 77,804 Appreciation Rights Encana Corporation Restricted Share Rogers, Andrew Lee 7 03/03/2016 56 51,911 31,404 Units Encana Corporation Rights - Rogers, Andrew Lee 7 03/03/2016 56 90,566 62,808 Performance Share Unit Plan Encana Corporation Shareholder Rogers, Andrew Lee 7 03/03/2016 56 4.06 141,292 75,673 Appreciation Rights Encana Corporation Common Shares Suttles, Douglas 4, 5 08/03/2016 10 7.03 54,212 3,000 James Encana Corporation Options Suttles, Douglas 4, 5 03/03/2016 50 5.56 4,498,656 2,060,433 James Encana Corporation Restricted Share Suttles, Douglas 4, 5 03/03/2016 56 798,477 485,756 Units James Encana Corporation Rights - Suttles, Douglas 4, 5 03/03/2016 56 1,754,794 971,511 Performance Share James Unit Plan Encana Corporation Options Williams, Michael 5 03/03/2016 50 5.56 293,464 143,381 Encana Corporation Restricted Share Williams, Michael 5 03/03/2016 56 90,674 56,206 Units Encana Corporation Rights - Williams, Michael 5 03/03/2016 56 205,017 112,411 Performance Share Unit Plan Encana Corporation Restricted Share Zemljak, Renee 7 03/03/2016 56 148,044 92,365 Units Encana Corporation Rights - Zemljak, Renee 7 19/02/2016 38 111,356 -37,241 Performance Share Unit Plan

March 17, 2016 (2016), 39 OSCB 2535

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Encana Corporation Rights - Zemljak, Renee 7 03/03/2016 56 296,086 184,730 Performance Share Unit Plan Encana Corporation Shareholder Zemljak, Renee 7 03/03/2016 56 4.06 231,541 Appreciation Rights Encana Corporation Shareholder Zemljak, Renee 7 03/03/2016 56 4.06 285,228 Appreciation Rights Encana Corporation Shareholder Zemljak, Renee 7 03/03/2016 56 4.06 704,711 285,228 Appreciation Rights Encana Corporation Shareholder Zemljak, Renee 7 09/03/2016 58 - 31.45 664,711 -40,000 Appreciation Rights Expiration of rights Endeavour Mining Options Langford, Jeremy 5 08/03/2016 59 6.1 79,900 -19,900 Corporation Endeavour Silver Corp. Rights Performance Castro, Luis Renato 5 12/11/2012 00 Share Units Endeavour Silver Corp. Rights Performance Castro, Luis Renato 5 09/03/2016 56 2.99 50,000 50,000 Share Units Endeavour Silver Corp. Rights Performance Cooke, Bradford 4, 5 24/07/2002 00 Share Units Endeavour Silver Corp. Rights Performance Cooke, Bradford 4, 5 09/03/2016 56 2.99 100,000 100,000 Share Units Endeavour Silver Corp. Rights Performance Dickson, Daniel 5 01/04/2008 00 75,000 Share Units Endeavour Silver Corp. Rights Performance Dickson, Daniel 5 09/03/2016 56 2.99 150,000 75,000 Share Units Endeavour Silver Corp. Rights Performance Howe, David John 5 01/11/2007 00 Share Units Endeavour Silver Corp. Rights Performance Howe, David John 5 09/03/2016 56 2.99 100,000 100,000 Share Units EnerCare Inc. (formerly Options Bailey Moffitt, 5 10/03/2016 50 36,466 18,023 The Consumers’ Colleen Nancy Waterheater Income Fund) EnerCare Inc. (formerly Performance Units Bailey Moffitt, 5 07/03/2016 56 12,327 2,191 The Consumers’ Colleen Nancy Waterheater Income Fund) EnerCare Inc. (formerly Deferred Share Boose, Scott F. 4 07/03/2016 56 6,285 2,850 The Consumers’ Units Waterheater Income Fund) EnerCare Inc. (formerly Deferred Share de Wilde, Lisa 4 07/03/2016 56 31,445 2,850 The Consumers’ Units Waterheater Income Fund) EnerCare Inc. (formerly Options Garland, Ross 5 10/03/2016 50 133,759 31,271 The Consumers’ Waterheater Income Fund) EnerCare Inc. (formerly Performance Units Garland, Ross 5 07/03/2016 56 18,085 3,801 The Consumers’ Waterheater Income Fund) EnerCare Inc. (formerly Options Krause, Jenine 5 01/02/2016 00 The Consumers’ Waterheater Income Fund) EnerCare Inc. (formerly Options Krause, Jenine 5 10/03/2016 50 75,995 75,995 The Consumers’ Waterheater Income Fund) EnerCare Inc. (formerly Performance Units Krause, Jenine 5 07/03/2016 56 55,180 9,238 The Consumers’ Waterheater Income Fund) EnerCare Inc. (formerly Options Macdonald, John 5 10/03/2016 50 713,463 160,205 The Consumers’ Waterheater Income Fund)

March 17, 2016 (2016), 39 OSCB 2536

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed EnerCare Inc. (formerly Performance Units Macdonald, John 5 07/03/2016 56 79,530 19,476 The Consumers’ Waterheater Income Fund) EnerCare Inc. (formerly Deferred Share Palombo, Grace 4 07/03/2016 56 13,742 2,850 The Consumers’ Units Waterheater Income Fund) EnerCare Inc. (formerly Deferred Share Pantelidis, James 4 07/03/2016 56 150,000 5,700 The Consumers’ Units Waterheater Income Fund) EnerCare Inc. (formerly Deferred Share Patava, Miroslav 4 07/03/2016 56 28,608 2,850 The Consumers’ Units Jerry Waterheater Income Fund) EnerCare Inc. (formerly Deferred Share Pearce, Roy 4 07/03/2016 56 60,747 2,850 The Consumers’ Units Waterheater Income Fund) EnerCare Inc. (formerly Deferred Share Rousseau, Michael 4 07/03/2016 56 28,608 2,850 The Consumers’ Units Stewart Waterheater Income Fund) EnerCare Inc. (formerly Options Solway, Lorne Craig 5 10/03/2016 50 51,320 29,089 The Consumers’ Waterheater Income Fund) EnerCare Inc. (formerly Performance Units Solway, Lorne Craig 5 07/03/2016 56 9,725 3,536 The Consumers’ Waterheater Income Fund) EnerCare Inc. (formerly Options Sutherland, Evelyn 5 10/03/2016 50 310,685 65,417 The Consumers’ Louise Waterheater Income Fund) EnerCare Inc. (formerly Performance Units Sutherland, Evelyn 5 07/03/2016 56 35,206 7,953 The Consumers’ Louise Waterheater Income Fund) EnerCare Inc. (formerly Options Toffoletto, John 5 10/03/2016 50 218,908 52,067 The Consumers’ Waterheater Income Fund) EnerCare Inc. (formerly Performance Units Toffoletto, John 5 07/03/2016 56 30,204 6,330 The Consumers’ Waterheater Income Fund) EnerCare Inc. (formerly Deferred Share Wells, William M. 4 07/03/2016 56 15,043 2,850 The Consumers’ Units Waterheater Income Fund) EnerCare Inc. (formerly Options Zaguskin, Irit (Irene) 5 18/01/2016 00 The Consumers’ Waterheater Income Fund) EnerCare Inc. (formerly Options Zaguskin, Irit (Irene) 5 10/03/2016 50 30,013 30,013 The Consumers’ Waterheater Income Fund) EnerCare Inc. (formerly Performance Units Zaguskin, Irit (Irene) 5 07/03/2016 56 16,133 3,649 The Consumers’ Waterheater Income Fund) Enerflex Ltd. Rights Deferred Beebe, Bradley 5 07/03/2016 46 10.72 4,880 1,881 Share Units (cash settled) Enerflex Ltd. Rights Deferred Martinez, Patricia 5 07/03/2016 46 10.72 18,981 14,307 Share Units (cash settled) Enerflex Ltd. Rights Deferred Pyle, Phillip 5 07/03/2016 46 10.72 9,248 6,621 Share Units (cash settled)

March 17, 2016 (2016), 39 OSCB 2537

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Enerflex Ltd. Rights Deferred Rossiter, Marc 5 07/12/2011 00 Share Units (cash Edward settled) Enerflex Ltd. Rights Deferred Rossiter, Marc 5 07/03/2016 46 10.72 11,960 11,960 Share Units (cash Edward settled) Enerflex Ltd. Rights Deferred Stewart, Gregory 5 07/03/2016 46 10.72 29,356 8,116 Share Units (cash Dean settled) EnerGulf Resources Common Shares ELMORE, JOHN 4 04/02/2015 15 0.15 288,657 Inc. DAVID EnerGulf Resources Common Shares ELMORE, JOHN 4 04/02/2015 15 0.15 288,657 Inc. DAVID Energy Credit Class A Units Energy Credit 1 01/02/2016 38 5.6 2,400 800 Opportunities Income Opportunities Fund Income Fund Energy Credit Class A Units Energy Credit 1 02/02/2016 38 5.5 2,400 800 Opportunities Income Opportunities Fund Income Fund Energy Credit Class A Units Energy Credit 1 04/02/2016 38 5.53 2,400 800 Opportunities Income Opportunities Fund Income Fund Energy Credit Class A Units Energy Credit 1 05/02/2016 38 5.51 2,600 200 Opportunities Income Opportunities Fund Income Fund Energy Credit Class A Units Energy Credit 1 09/02/2016 38 5.45 3,400 800 Opportunities Income Opportunities Fund Income Fund Energy Credit Class A Units Energy Credit 1 10/02/2016 38 5.33 4,200 800 Opportunities Income Opportunities Fund Income Fund Energy Credit Class A Units Energy Credit 1 11/02/2016 38 5.28 5,000 800 Opportunities Income Opportunities Fund Income Fund Energy Credit Class A Units Energy Credit 1 29/02/2016 38 -7,400 Opportunities Income Opportunities Fund Income Fund Energy Credit Class A Units Energy Credit 1 29/02/2016 38 0 -5,000 Opportunities Income Opportunities Fund Income Fund Energy Leaders Plus Units Kovacs, Michael 4, 5 24/09/2014 00 Income Fund Energy Leaders Plus Units Kovacs, Michael 4, 5 04/03/2016 10 5.44 2,000 2,000 Income Fund Energy Leaders Plus Units Kovacs, Michael 4, 5 04/03/2016 10 5.44 5,000 3,000 Income Fund Energy Leaders Plus Units Kovacs, Michael 4, 5 24/09/2014 00 Income Fund Energy Leaders Plus Units Kovacs, Michael 4, 5 04/03/2016 10 5.44 1,000 1,000 Income Fund Enerplus Corporation Common Shares Barr, David 4 04/03/2016 46 4.5515 41,639 17,138 (Deferred Share Heckman Plan (“DSU”)) Enerplus Corporation Common Shares Culbert, Michael 4 04/03/2016 46 4.5515 25,773 17,138 (Deferred Share Robert Plan (“DSU”)) Enerplus Corporation Common Shares Daniels, Raymond 5 05/03/2016 57 3.91 21,662 4,812 John Enerplus Corporation Common Shares Daniels, Raymond 5 05/03/2016 10 3.91 16,850 -4,812 John Enerplus Corporation Common Shares Daniels, Raymond 5 06/03/2016 57 3.91 25,275 8,425 John Enerplus Corporation Common Shares Daniels, Raymond 5 06/03/2016 10 3.91 16,850 -8,425 John Enerplus Corporation Common Shares Daniels, Raymond 5 05/03/2016 57 27,740 -4,214 (Restricted Share John Unit Plan (“RSU”)) Enerplus Corporation Common Shares Daniels, Raymond 5 06/03/2016 57 19,898 -7,842 (Restricted Share John Unit Plan (“RSU”))

March 17, 2016 (2016), 39 OSCB 2538

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Enerplus Corporation Common Shares DUNDAS, Ian 5 05/03/2016 57 3.91 73,678 8,826 Charles Enerplus Corporation Common Shares DUNDAS, Ian 5 05/03/2016 10 3.91 64,852 -8,826 Charles Enerplus Corporation Common Shares DUNDAS, Ian 5 06/03/2016 57 3.91 80,703 15,851 Charles Enerplus Corporation Common Shares DUNDAS, Ian 5 06/03/2016 10 3.91 64,852 -15,851 Charles Enerplus Corporation Common Shares DUNDAS, Ian 5 05/03/2016 57 51,995 -7,730 (Restricted Share Charles Unit Plan (“RSU”)) Enerplus Corporation Common Shares DUNDAS, Ian 5 06/03/2016 57 37,240 -14,755 (Restricted Share Charles Unit Plan (“RSU”)) Enerplus Corporation Common Shares Fisher, Nathan 5 05/03/2016 57 3.91 10,559 968 Douglas Enerplus Corporation Common Shares Fisher, Nathan 5 05/03/2016 10 3.91 9,591 -968 Douglas Enerplus Corporation Common Shares Fisher, Nathan 5 06/03/2016 57 3.91 12,219 2,628 Douglas Enerplus Corporation Common Shares Fisher, Nathan 5 06/03/2016 10 3.91 9,591 -2,628 Douglas Enerplus Corporation Common Shares Fisher, Nathan 5 05/03/2016 57 8,592 -848 (Restricted Share Douglas Unit Plan (“RSU”)) Enerplus Corporation Common Shares Fisher, Nathan 5 06/03/2016 57 6,128 -2,464 (Restricted Share Douglas Unit Plan (“RSU”)) Enerplus Corporation Common Shares Fitzgerald, Daniel 5 05/03/2016 57 3.91 315 John Enerplus Corporation Common Shares Fitzgerald, Daniel 5 05/03/2016 57 3.91 41,710 360 John Enerplus Corporation Common Shares Fitzgerald, Daniel 5 05/03/2016 10 3.91 41,350 -360 John Enerplus Corporation Common Shares Fitzgerald, Daniel 5 06/03/2016 57 3.91 43,425 2,075 John Enerplus Corporation Common Shares Fitzgerald, Daniel 5 06/03/2016 10 3.91 41,350 -2,075 John Enerplus Corporation Common Shares Fitzgerald, Daniel 5 05/03/2016 57 6,358 -315 (Restricted Share John Unit Plan (“RSU”)) Enerplus Corporation Common Shares Fitzgerald, Daniel 5 06/03/2016 57 4,414 -1,944 (Restricted Share John Unit Plan (“RSU”)) Enerplus Corporation Common Shares Foulkes, Hilary, 4 04/03/2016 46 4.5515 25,773 17,138 (Deferred Share Amber Plan (“DSU”)) Enerplus Corporation Common Shares Hodgins, Robert 4 04/03/2016 46 4.5515 28,863 9,940 Bruce Enerplus Corporation Common Shares Hoffman, John 5 13/04/2015 00 Edward Enerplus Corporation Common Shares Hoffman, John 5 06/03/2016 57 3.91 5,301 5,301 Edward Enerplus Corporation Common Shares Hoffman, John 5 06/03/2016 10 3.91 0 -5,301 Edward Enerplus Corporation Common Shares Hoffman, John 5 06/03/2016 57 10,056 -5,028 (Restricted Share Edward Unit Plan (“RSU”)) Enerplus Corporation Common Shares Jenson Labrie, 5 05/03/2016 57 3.91 3,118 1,650 Jodine Julene Enerplus Corporation Common Shares Jenson Labrie, 5 05/03/2016 10 3.91 1,468 -1,650 Jodine Julene Enerplus Corporation Common Shares Jenson Labrie, 5 06/03/2016 57 3.91 4,457 2,989 Jodine Julene Enerplus Corporation Common Shares Jenson Labrie, 5 06/03/2016 10 3.91 1,468 -2,989 Jodine Julene Enerplus Corporation Common Shares Jenson Labrie, 5 06/03/2016 57 3.91 3,331 1,863 Jodine Julene

March 17, 2016 (2016), 39 OSCB 2539

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Enerplus Corporation Common Shares Jenson Labrie, 5 06/03/2016 10 3.91 1,468 -1,863 Jodine Julene Enerplus Corporation Common Shares Jenson Labrie, 5 05/03/2016 57 15,291 -1,445 (Restricted Share Jodine Julene Unit Plan (“RSU”)) Enerplus Corporation Common Shares Jenson Labrie, 5 06/03/2016 57 12,509 -2,782 (Restricted Share Jodine Julene Unit Plan (“RSU”)) Enerplus Corporation Common Shares Jenson Labrie, 5 06/03/2016 57 10,676 -1,833 (Restricted Share Jodine Julene Unit Plan (“RSU”)) Enerplus Corporation Common Shares Le Dain, Eric G.C. 5 05/03/2016 57 3.91 19,557 4,461 Enerplus Corporation Common Shares Le Dain, Eric G.C. 5 05/03/2016 10 3.91 15,096 -4,461 Enerplus Corporation Common Shares Le Dain, Eric G.C. 5 06/03/2016 57 3.91 23,263 8,167 Enerplus Corporation Common Shares Le Dain, Eric G.C. 5 06/03/2016 10 3.91 15,096 -8,167 Enerplus Corporation Common Shares Le Dain, Eric G.C. 5 05/03/2016 57 26,714 -3,907 (Restricted Share Unit Plan (“RSU”)) Enerplus Corporation Common Shares Le Dain, Eric G.C. 5 06/03/2016 57 19,112 -7,602 (Restricted Share Unit Plan (“RSU”)) Enerplus Corporation Common Shares MacKenzie, Susan 4 04/03/2016 46 4.5515 41,639 17,138 (Deferred Share Mary Plan (“DSU”)) Enerplus Corporation Common Shares MCCOY, David 5 05/03/2016 57 3.91 19,348 2,518 Enerplus Corporation Common Shares MCCOY, David 5 05/03/2016 10 3.91 16,830 -2,518 Enerplus Corporation Common Shares MCCOY, David 5 06/03/2016 57 3.91 20,636 3,806 Enerplus Corporation Common Shares MCCOY, David 5 06/03/2016 10 3.91 16,830 -3,806 Enerplus Corporation Common Shares MCCOY, David 5 05/03/2016 57 12,834 -2,205 (Restricted Share Unit Plan (“RSU”)) Enerplus Corporation Common Shares MCCOY, David 5 06/03/2016 57 9,291 -3,543 (Restricted Share Unit Plan (“RSU”)) Enerplus Corporation Common Shares McLaughlin, Edward 5 05/03/2016 57 3.91 6,342 2,817 Enerplus Corporation Common Shares McLaughlin, Edward 5 05/03/2016 10 3.91 3,525 -2,817 Enerplus Corporation Common Shares McLaughlin, Edward 5 06/03/2016 57 3.91 8,951 5,426 Enerplus Corporation Common Shares McLaughlin, Edward 5 06/03/2016 10 3.91 3,525 -5,426 Enerplus Corporation Common Shares McLaughlin, Edward 5 05/03/2016 57 17,622 -2,467 (Restricted Share Unit Plan (“RSU”)) Enerplus Corporation Common Shares McLaughlin, Edward 5 06/03/2016 57 12,571 -5,051 (Restricted Share Unit Plan (“RSU”)) Enerplus Corporation Common Shares Morihira, Shaina 5 06/03/2016 57 3.91 21,389 6,389 Brianne Enerplus Corporation Common Shares Morihira, Shaina 5 06/03/2016 10 3.91 15,000 -6,389 Brianne Enerplus Corporation Common Shares Morihira, Shaina 5 06/03/2016 57 12,328 -6,165 (Restricted Share Brianne Unit Plan (“RSU”)) Enerplus Corporation Common Shares Ower, Lisa Marie 5 05/03/2016 57 3.91 5,379 2,329 Enerplus Corporation Common Shares Ower, Lisa Marie 5 05/03/2016 10 3.91 3,050 -2,329 Enerplus Corporation Common Shares Ower, Lisa Marie 5 06/03/2016 57 3.91 5,808 2,758 Enerplus Corporation Common Shares Ower, Lisa Marie 5 06/03/2016 10 3.91 3,050 -2,758 Enerplus Corporation Common Shares Ower, Lisa Marie 5 05/03/2016 57 6,794 -2,064 (Restricted Share Unit Plan (“RSU”)) Enerplus Corporation Common Shares Ower, Lisa Marie 5 06/03/2016 57 4,227 -2,567 (Restricted Share Unit Plan (“RSU”)) Enerplus Corporation Common Shares Pew, Elliott 4 04/03/2016 46 4.5515 55,517 26,366 (Deferred Share Plan (“DSU”)) Enerplus Corporation Common Shares Roane, Glen 4 04/03/2016 46 4.5515 48,566 21,422 (Deferred Share Dawson Plan (“DSU”))

March 17, 2016 (2016), 39 OSCB 2540

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Enerplus Corporation Common Shares Roane, Glen 4 07/03/2016 46 4.55 21,422 (Deferred Share Dawson Plan (“DSU”)) Enerplus Corporation Common Shares Steeves, Sheldon 4 04/03/2016 46 4.5515 38,460 17,138 (Deferred Share Brooks Plan (“DSU”)) Enghouse Systems Common Shares Demirian, Eric 4 24/02/2016 90 8,000 -20,000 Limited Enghouse Systems Common Shares Demirian, Eric 4 24/02/2016 90 20,000 20,000 Limited Entree Gold Inc. Options Edwards, Alan R. 4 08/03/2016 52 2.94 580,000 -100,000 Entree Gold Inc. Common Shares SANDSTORM 3 03/03/2016 45 22,985,746 5,128,604 GOLD LTD. eQube Gaming Limited Common Shares TONG, KIN ON 4, 5 04/03/2016 10 0.19 1,122,900 1,000 KENT Equitable Group Inc. Rights Deferred Beutel, Eric Marshall 4, 6 22/05/2015 56 63.87 5,475 469 Share Units Equitable Group Inc. Rights Deferred Beutel, Eric Marshall 4, 6 31/12/2015 30 5,549 74 Share Units Equitable Group Inc. Rights Restricted Braude, Aviva 7 31/12/2015 30 297 3 Share Units Equitable Group Inc. Options Options Dickinson, Daniel 7 05/03/2015 50 59.98 10,236 2,190 granted Lee Equitable Group Inc. Rights Performance Dickinson, Daniel 7 31/12/2015 30 195 2 Share Units Lee Equitable Group Inc. Rights Restricted Dickinson, Daniel 7 05/03/2015 56 59.98 368 193 Share Units Lee Equitable Group Inc. Rights Restricted Dickinson, Daniel 7 31/12/2015 30 371 3 Share Units Lee Equitable Group Inc. Options Options Downie, David 5 05/03/2015 50 59.98 9,886 2,336 granted Equitable Group Inc. Rights Restricted Downie, David 5 05/03/2015 56 59.98 1,528 411 Share Units Equitable Group Inc. Rights Restricted Downie, David 5 31/12/2015 30 878 18 Share Units Equitable Group Inc. Common Shares Farella, Isabelle 5 08/03/2016 51 54.1 274 157 Equitable Group Inc. Common Shares Farella, Isabelle 5 08/03/2016 10 54.1 117 -157 Equitable Group Inc. Common Shares Farella, Isabelle 5 08/03/2016 51 54.03 449 332 Equitable Group Inc. Common Shares Farella, Isabelle 5 08/03/2016 10 54.03 117 -332 Equitable Group Inc. Common Shares Farella, Isabelle 5 08/03/2016 51 54.19 417 300 Equitable Group Inc. Common Shares Farella, Isabelle 5 08/03/2016 10 54.19 117 -300 Equitable Group Inc. Options Options Farella, Isabelle 5 05/03/2015 50 59.98 6,915 1,610 granted Equitable Group Inc. Options Options Farella, Isabelle 5 08/03/2016 51 54.1 5,367 -157 granted Equitable Group Inc. Options Options Farella, Isabelle 5 08/03/2016 51 54.03 5,035 -332 granted Equitable Group Inc. Options Options Farella, Isabelle 5 08/03/2016 51 51.19 4,735 -300 granted Equitable Group Inc. Rights Restricted Farella, Isabelle 5 05/03/2015 56 59.98 894 283 Share Units Equitable Group Inc. Rights Restricted Farella, Isabelle 5 31/12/2015 30 585 9 Share Units Equitable Group Inc. Rights Restricted Faustini, Vincenzo 7 31/12/2015 30 723 10 Share Units Equitable Group Inc. Options Options Fryer, Scott Allan 5 05/03/2015 50 59.98 7,282 1,477 granted Equitable Group Inc. Rights Restricted Fryer, Scott Allan 5 05/03/2015 56 59.98 950 260 Share Units Equitable Group Inc. Rights Restricted Fryer, Scott Allan 5 31/12/2015 30 547 9 Share Units Equitable Group Inc. Rights Deferred Kirzner, Eric Franklin 4 22/05/2015 56 63.87 5,475 469 Share Units Equitable Group Inc. Rights Deferred Kirzner, Eric Franklin 4 31/12/2015 30 5,549 74 Share Units

March 17, 2016 (2016), 39 OSCB 2541

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Equitable Group Inc. Options Options Kukulowicz, Kimberly 7 05/03/2015 50 59.98 18,001 2,438 granted Equitable Group Inc. Rights Performance Kukulowicz, Kimberly 7 31/12/2015 30 217 2 Share Units Equitable Group Inc. Rights Restricted Kukulowicz, Kimberly 7 05/03/2015 56 59.98 1,136 215 Share Units Equitable Group Inc. Rights Restricted Kukulowicz, Kimberly 7 31/12/2015 30 604 16 Share Units Equitable Group Inc. Rights Deferred LeGresley, David 4 22/05/2015 56 63.87 4,888 1,252 Share Units Malcolm Balfour Equitable Group Inc. Rights Deferred LeGresley, David 4 31/12/2015 30 4,951 63 Share Units Malcolm Balfour Equitable Group Inc. Options Options Leland, Brian 7 05/03/2015 50 59.98 12,188 2,134 granted Equitable Group Inc. Rights Performance Leland, Brian 7 31/12/2015 30 190 2 Share Units Equitable Group Inc. Rights Restricted Leland, Brian 7 05/03/2015 56 59.98 980 189 Share Units Equitable Group Inc. Rights Restricted Leland, Brian 7 31/12/2015 30 525 14 Share Units Equitable Group Inc. Options Options Malozewski, Tamara 7 05/03/2015 50 59.98 12,398 1,912 granted Equitable Group Inc. Rights Restricted Malozewski, Tamara 7 05/03/2015 56 59.98 1,245 337 Share Units Equitable Group Inc. Rights Restricted Malozewski, Tamara 7 31/12/2015 30 721 18 Share Units Equitable Group Inc. Common Shares Moor, Andrew 5 07/03/2016 10 54.4 38,055 -1,100 Equitable Group Inc. Common Shares Moor, Andrew 5 07/03/2016 51 24.5 40,055 2,000 Equitable Group Inc. Options Options Moor, Andrew 5 07/03/2016 51 24.5 233,226 -2,000 granted Equitable Group Inc. Options Options Moor, Andrew 5 09/03/2016 50 53.15 276,629 43,403 granted Equitable Group Inc. Rights Performance Moor, Andrew 5 09/03/2016 56 53.15 13,685 7,349 Share Units Equitable Group Inc. Rights Restricted Raut, Rajesh 7 31/12/2015 30 408 3 Share Units Equitable Group Inc. Options Options Ruch, Daniel 7 05/03/2015 50 59.98 8,974 2,596 granted Equitable Group Inc. Rights Performance Ruch, Daniel 7 31/12/2015 30 231 2 Share Units Equitable Group Inc. Rights Restricted Ruch, Daniel 7 05/03/2015 56 59.98 406 Share Units Equitable Group Inc. Rights Restricted Ruch, Daniel 7 05/03/2015 56 59.98 406 Share Units Equitable Group Inc. Rights Restricted Ruch, Daniel 7 05/03/2015 56 59.98 639 229 Share Units Equitable Group Inc. Rights Restricted Ruch, Daniel 7 31/12/2015 30 646 7 Share Units Equitable Group Inc. Rights Deferred Saunders, Rowan 4 31/12/2015 30 1,654 20 Share Units Equitable Group Inc. Rights Deferred Sera, Maria 4 22/05/2015 56 63.87 1,633 469 Share Units Vincenza Equitable Group Inc. Rights Deferred Sera, Maria 4 31/12/2015 30 1,654 21 Share Units Vincenza Equitable Group Inc. Rights Restricted Simoes, Joao Da 5 31/12/2015 30 592 11 Share Units Costa Equitable Group Inc. Options Options Sperling, Jody Lynn 5 05/03/2015 50 59.98 16,198 2,131 granted Equitable Group Inc. Rights Performance Sperling, Jody Lynn 5 31/12/2015 30 190 2 Share Units Equitable Group Inc. Rights Restricted Sperling, Jody Lynn 5 05/03/2015 56 59.98 946 188 Share Units Equitable Group Inc. Rights Restricted Sperling, Jody Lynn 5 31/12/2015 30 504 13 Share Units Equitable Group Inc. Rights Deferred Stramaglia, Michael 4 22/05/2015 56 63.87 950 469 Share Units

March 17, 2016 (2016), 39 OSCB 2542

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Equitable Group Inc. Rights Deferred Stramaglia, Michael 4 31/12/2015 30 962 12 Share Units Equitable Group Inc. Rights Restricted Strube, Nicholas 7 16/03/2015 30 292 Share Units Robert Christopher Equitable Group Inc. Rights Restricted Strube, Nicholas 7 16/03/2015 56 1,077 292 Share Units Robert Christopher Equitable Group Inc. Options Options Tratch, Ronald 7 09/03/2016 50 53.15 23,864 8,667 granted Walter Equitable Group Inc. Rights Performance Tratch, Ronald 7 09/03/2016 56 53.15 2,566 1,468 Share Units Walter Equitable Group Inc. Options Options Wilson, Timothy 5 09/03/2016 50 53.15 68,073 11,667 granted James Equitable Group Inc. Rights Performance Wilson, Timothy 5 09/03/2016 56 53.15 3,606 1,976 Share Units James Equitable Group Inc. Options Options Yu, David 5 05/03/2015 50 59.98 11,877 1,610 granted Equitable Group Inc. Options Options Yu, David 5 10/09/2015 51 20.6 600 granted Equitable Group Inc. Options Options Yu, David 5 10/09/2015 51 20.6 11,277 -600 granted Equitable Group Inc. Rights Restricted Yu, David 5 05/03/2015 56 59.98 1,032 283 Share Units Equitable Group Inc. Rights Restricted Yu, David 5 16/12/2015 59 53.44 -455 Share Units Equitable Group Inc. Rights Restricted Yu, David 5 16/12/2015 59 53.44 578 -454 Share Units Equitable Group Inc. Rights Restricted Yu, David 5 31/12/2015 30 599 21 Share Units Espial Group Inc. Options Arafat, Tawfiq 4 09/03/2016 50 95,000 35,000 Ahmad Espial Group Inc. Options Dolvane, Jaison 4, 5 09/03/2016 50 1,020,000 90,000 Espial Group Inc. Options Hayashi, Michael 4 09/03/2016 50 85,000 35,000 Tomoyuki Espial Group Inc. Options Lee, Michael Ce- 4 09/03/2016 50 195,000 35,000 Yuen Espial Group Inc. Options Seeligsohn, Peter 4 09/03/2016 50 182,898 35,000 Espial Group Inc. Options Smith, Carl Gilbert 5 09/03/2016 50 470,000 75,000 Espial Group Inc. Options Yogaratnam, 4, 5 09/03/2016 50 795,000 75,000 Kumanan Estrella International Common Shares Mancini, Remo 4 07/03/2016 10 0.16 10,110 500 Energy Services Ltd. Eurocontrol Technics Options Stock Allon, Yoav 5 19/02/2016 00 Group Inc. Eurocontrol Technics Options Stock Allon, Yoav 5 19/02/2016 00 200,000 Group Inc. Eurocontrol Technics Common Shares Reinis, Doron 5 19/02/2016 00 1,250,000 Group Inc. Eurocontrol Technics Options Stock Reinis, Doron 5 19/02/2016 00 Group Inc. Eurocontrol Technics Options Stock Reinis, Doron 5 19/02/2016 00 850,000 Group Inc. Eurotin Inc. Common Shares Hick, John Walter 4 11/03/2016 37 159,125 -1,432,125 Wallen Everton Resources Inc. Warrants Audet, André 4, 5 28/02/2014 11 0.35 300,000 Everton Resources Inc. Warrants Audet, André 4, 5 28/02/2014 11 0.35 411,375 151,375 Everton Resources Inc. Warrants Audet, André 4, 5 06/03/2016 53 0.1 560,000 148,625 Everton Resources Inc. Warrants Audet, André 4, 5 28/02/2014 11 0.35 300,000 Everton Resources Inc. Warrants Audet, André 4, 5 28/02/2014 11 0.35 300,000 300,000 Everton Resources Inc. Warrants Mintz, Steven 4 10/03/2014 53 0.35 100,000 Michael Everton Resources Inc. Warrants Mintz, Steven 4 10/03/2014 53 0.35 59,125 59,125 Michael Everton Resources Inc. Warrants Mintz, Steven 4 07/03/2016 53 0.1 100,000 40,875 Michael Everton Resources Inc. Warrants Mintz, Steven 4 10/03/2014 53 0.35 65,000 Michael

March 17, 2016 (2016), 39 OSCB 2543

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Everton Resources Inc. Warrants Mintz, Steven 4 10/03/2014 53 0.35 65,000 65,000 Michael Evertz Technologies Rights Gridley, Anthony 5 23/06/2006 00 Limited Ronald Evertz Technologies Rights Gridley, Anthony 5 23/06/2006 00 Limited Ronald Evertz Technologies RSUs-can only be Gridley, Anthony 5 23/06/2006 00 Limited exercised for cash Ronald Evertz Technologies RSUs-can only be Gridley, Anthony 5 23/06/2006 00 20,000 Limited exercised for cash Ronald Evertz Technologies Rights Patel, Rakesh 7 23/06/2006 00 Limited Thakor Evertz Technologies Rights Patel, Rakesh 7 23/06/2006 00 Limited Thakor Evertz Technologies RSUs - can only be Patel, Rakesh 7 23/06/2006 00 Limited exercised for cash Thakor Evertz Technologies RSUs - can only be Patel, Rakesh 7 23/06/2006 00 80,000 Limited exercised for cash Thakor Exchange Income Common Shares Schock, Tamara 5 10/03/2015 10 26.26 1,500 1,500 Corporation Exchange Income Common Shares Schock, Tamara 5 01/03/2016 00 Corporation Exco Technologies Common Shares ROBBINS, PAUL 5 07/03/2016 10 15.51 991,643 -15,000 Limited Exco Technologies Common Shares ROBBINS, PAUL 5 11/03/2016 10 16.01 7,949 -10,000 Limited Fairfax Financial Subordinate Voting Christiansen, Jan 7 31/12/2015 30 487.49 6,029 148 Holdings Limited Shares Fairfax Financial Subordinate Voting Lovell, Peter H. 7 31/12/2015 30 487.49 3,796 103 Holdings Limited Shares Fairfax Financial Subordinate Voting Salvesen, James B. 7 31/12/2015 30 487.49 1,931 100 Holdings Limited Shares Fairfax Financial Subordinate Voting Sander, Elizabeth 7 31/12/2015 30 484.49 1,759 112 Holdings Limited Shares Fairfax Financial Subordinate Voting Wacek, Michael 7 31/12/2015 30 487.5 8,594 177 Holdings Limited Shares First Capital Realty Inc. Convertible First Capital Realty 1 04/02/2016 38 0.9949 $7,000 $7,000 Debentures 4.45% Inc. unsecured due Feb. 28. /20 - FCR.DB.J First Capital Realty Inc. Convertible First Capital Realty 1 04/02/2016 38 0.9949 $0 -$7,000 Debentures 4.45% Inc. unsecured due Feb. 28. /20 - FCR.DB.J First Capital Realty Inc. Convertible First Capital Realty 1 08/02/2016 38 0.9988 $7,000 $7,000 Debentures 4.45% Inc. unsecured due Feb. 28. /20 - FCR.DB.J First Capital Realty Inc. Convertible First Capital Realty 1 08/02/2016 38 0.9988 $0 -$7,000 Debentures 4.45% Inc. unsecured due Feb. 28. /20 - FCR.DB.J First Capital Realty Inc. Convertible First Capital Realty 1 09/02/2016 38 0.9951 $7,000 $7,000 Debentures 4.45% Inc. unsecured due Feb. 28. /20 - FCR.DB.J First Capital Realty Inc. Convertible First Capital Realty 1 09/02/2016 38 0.9951 $0 -$7,000 Debentures 4.45% Inc. unsecured due Feb. 28. /20 - FCR.DB.J First Capital Realty Inc. Convertible First Capital Realty 1 10/02/2016 38 0.995 $20,000 $20,000 Debentures 4.45% Inc. unsecured due Feb. 28. /20 - FCR.DB.J First Capital Realty Inc. Convertible First Capital Realty 1 10/02/2016 38 0.995 $0 -$20,000 Debentures 4.45% Inc. unsecured due Feb. 28. /20 - FCR.DB.J

March 17, 2016 (2016), 39 OSCB 2544

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed First Capital Realty Inc. Convertible First Capital Realty 1 10/02/2016 38 0.9988 $7,000 $7,000 Debentures 4.45% Inc. unsecured due Feb. 28. /20 - FCR.DB.J First Capital Realty Inc. Convertible First Capital Realty 1 10/02/2016 38 0.9988 $0 -$7,000 Debentures 4.45% Inc. unsecured due Feb. 28. /20 - FCR.DB.J First Capital Realty Inc. Convertible First Capital Realty 1 11/02/2016 38 0.9849 $1,000 $1,000 Debentures 4.45% Inc. unsecured due Feb. 28. /20 - FCR.DB.J First Capital Realty Inc. Convertible First Capital Realty 1 11/02/2016 38 0.9849 $0 -$1,000 Debentures 4.45% Inc. unsecured due Feb. 28. /20 - FCR.DB.J First Capital Realty Inc. Convertible First Capital Realty 1 11/02/2016 38 0.985 $6,000 $6,000 Debentures 4.45% Inc. unsecured due Feb. 28. /20 - FCR.DB.J First Capital Realty Inc. Convertible First Capital Realty 1 11/02/2016 38 0.985 $0 -$6,000 Debentures 4.45% Inc. unsecured due Feb. 28. /20 - FCR.DB.J First Capital Realty Inc. Convertible First Capital Realty 1 12/02/2016 38 0.9824 $7,000 $7,000 Debentures 4.45% Inc. unsecured due Feb. 28. /20 - FCR.DB.J First Capital Realty Inc. Convertible First Capital Realty 1 12/02/2016 38 0.9824 $0 -$7,000 Debentures 4.45% Inc. unsecured due Feb. 28. /20 - FCR.DB.J First Capital Realty Inc. Convertible First Capital Realty 1 16/02/2016 38 0.99 $7,000 $7,000 Debentures 4.45% Inc. unsecured due Feb. 28. /20 - FCR.DB.J First Capital Realty Inc. Convertible First Capital Realty 1 16/02/2016 38 0.99 $0 -$7,000 Debentures 4.45% Inc. unsecured due Feb. 28. /20 - FCR.DB.J First Capital Realty Inc. Convertible First Capital Realty 1 18/02/2016 38 0.9814 $9,000 $9,000 Debentures 4.45% Inc. unsecured due Feb. 28. /20 - FCR.DB.J First Capital Realty Inc. Convertible First Capital Realty 1 18/02/2016 38 0.9814 $0 -$9,000 Debentures 4.45% Inc. unsecured due Feb. 28. /20 - FCR.DB.J First Capital Realty Inc. Convertible First Capital Realty 1 18/02/2016 38 0.9855 $20,000 $20,000 Debentures 4.45% Inc. unsecured due Feb. 28. /20 - FCR.DB.J First Capital Realty Inc. Convertible First Capital Realty 1 18/02/2016 38 0.9855 $0 -$20,000 Debentures 4.45% Inc. unsecured due Feb. 28. /20 - FCR.DB.J First Capital Realty Inc. Convertible First Capital Realty 1 18/02/2016 38 0.9922 $7,000 $7,000 Debentures 4.45% Inc. unsecured due Feb. 28. /20 - FCR.DB.J First Capital Realty Inc. Convertible First Capital Realty 1 18/02/2016 38 0.9922 $0 -$7,000 Debentures 4.45% Inc. unsecured due Feb. 28. /20 - FCR.DB.J First Capital Realty Inc. Convertible First Capital Realty 1 19/02/2016 38 0.9814 $21,000 $21,000 Debentures 4.45% Inc. unsecured due Feb. 28. /20 - FCR.DB.J First Capital Realty Inc. Convertible First Capital Realty 1 19/02/2016 38 0.9814 $0 -$21,000 Debentures 4.45% Inc. unsecured due Feb. 28. /20 - FCR.DB.J

March 17, 2016 (2016), 39 OSCB 2545

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed First Capital Realty Inc. Convertible First Capital Realty 1 19/02/2016 38 0.9815 $7,000 $7,000 Debentures 4.45% Inc. unsecured due Feb. 28. /20 - FCR.DB.J First Capital Realty Inc. Convertible First Capital Realty 1 19/02/2016 38 0.9815 $0 -$7,000 Debentures 4.45% Inc. unsecured due Feb. 28. /20 - FCR.DB.J First Capital Realty Inc. Convertible First Capital Realty 1 25/02/2016 38 0.988 $7,000 $7,000 Debentures 4.45% Inc. unsecured due Feb. 28. /20 - FCR.DB.J First Capital Realty Inc. Convertible First Capital Realty 1 25/02/2016 38 0.988 $0 -$7,000 Debentures 4.45% Inc. unsecured due Feb. 28. /20 - FCR.DB.J First Capital Realty Inc. Convertible First Capital Realty 1 26/02/2016 38 0.9855 $30,000 $30,000 Debentures 4.45% Inc. unsecured due Feb. 28. /20 - FCR.DB.J First Capital Realty Inc. Convertible First Capital Realty 1 26/02/2016 38 0.9855 $0 -$30,000 Debentures 4.45% Inc. unsecured due Feb. 28. /20 - FCR.DB.J First Capital Realty Inc. Convertible First Capital Realty 1 26/02/2016 38 0.99 $37,000 $37,000 Debentures 4.45% Inc. unsecured due Feb. 28. /20 - FCR.DB.J First Capital Realty Inc. Convertible First Capital Realty 1 26/02/2016 38 0.99 $0 -$37,000 Debentures 4.45% Inc. unsecured due Feb. 28. /20 - FCR.DB.J First Capital Realty Inc. Convertible First Capital Realty 1 29/02/2016 38 0.985 $7,000 $7,000 Debentures 4.45% Inc. unsecured due Feb. 28. /20 - FCR.DB.J First Capital Realty Inc. Convertible First Capital Realty 1 29/02/2016 38 0.985 $0 -$7,000 Debentures 4.45% Inc. unsecured due Feb. 28. /20 - FCR.DB.J First Capital Realty Inc. Convertible First Capital Realty 1 29/02/2016 38 0.99 $7,000 $7,000 Debentures 4.45% Inc. unsecured due Feb. 28. /20 - FCR.DB.J First Capital Realty Inc. Convertible First Capital Realty 1 29/02/2016 38 0.99 $0 -$7,000 Debentures 4.45% Inc. unsecured due Feb. 28. /20 - FCR.DB.J First Capital Realty Inc. Convertible First Capital Realty 1 10/02/2016 38 0.995 $16,000 $16,000 Debentures 4.75% Inc. unsecured debentures due Jul. 31/19 - FCR.DB.I First Capital Realty Inc. Convertible First Capital Realty 1 10/02/2016 38 0.995 $0 -$16,000 Debentures 4.75% Inc. unsecured debentures due Jul. 31/19 - FCR.DB.I First Capital Realty Inc. Convertible First Capital Realty 1 12/02/2016 38 0.995 $3,000 $3,000 Debentures 4.75% Inc. unsecured debentures due Jul. 31/19 - FCR.DB.I First Capital Realty Inc. Convertible First Capital Realty 1 12/02/2016 38 0.995 $0 -$3,000 Debentures 4.75% Inc. unsecured debentures due Jul. 31/19 - FCR.DB.I First Capital Realty Inc. Convertible First Capital Realty 1 16/02/2016 38 0.995 $24,000 $24,000 Debentures 4.75% Inc. unsecured debentures due Jul. 31/19 - FCR.DB.I

March 17, 2016 (2016), 39 OSCB 2546

Insider Reporting

March 17, 2016 (2016), 39 OSCB 2547

Insider Reporting

March 17, 2016 (2016), 39 OSCB 2548

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed First Capital Realty Inc. Convertible First Capital Realty 1 03/02/2016 38 1.015 $0 -$15,000 Debentures 5.4% Inc. unsecured due Jan. 31./19 - FCR.DB.E First Capital Realty Inc. Convertible First Capital Realty 1 03/02/2016 38 1.0199 $4,000 $4,000 Debentures 5.4% Inc. unsecured due Jan. 31./19 - FCR.DB.E First Capital Realty Inc. Convertible First Capital Realty 1 03/02/2016 38 1.0199 $0 -$4,000 Debentures 5.4% Inc. unsecured due Jan. 31./19 - FCR.DB.E First Capital Realty Inc. Convertible First Capital Realty 1 19/02/2016 38 1.0203 $4,000 $4,000 Debentures 5.4% Inc. unsecured due Jan. 31./19 - FCR.DB.E First Capital Realty Inc. Convertible First Capital Realty 1 19/02/2016 38 1.0203 $0 -$4,000 Debentures 5.4% Inc. unsecured due Jan. 31./19 - FCR.DB.E First Capital Realty Inc. Convertible First Capital Realty 1 24/02/2016 38 1.019 $4,000 $4,000 Debentures 5.4% Inc. unsecured due Jan. 31./19 - FCR.DB.E First Capital Realty Inc. Convertible First Capital Realty 1 24/02/2016 38 1.019 $0 -$4,000 Debentures 5.4% Inc. unsecured due Jan. 31./19 - FCR.DB.E First Capital Realty Inc. Common Shares Segal, Dori 4, 6, 5 07/03/2016 10 19.9 1,436,900 2,100 First Majestic Silver Common Shares Pezzotti, Tony 4 08/03/2016 10 7.23 288,956 -5,000 Corp. First Mexican Gold Common Shares Voisin, James Arthur 4 01/03/2016 10 0.04 6,963,813 -48,500 Corp. Robert First National Financial Preferred Shares Tawse, Moray 4, 7, 5 29/02/2016 10 9.7356 138,900 18,000 Corporation FN.PR.A First National Financial Preferred Shares Tawse, Moray 4, 7, 5 01/03/2016 10 9.75 139,500 600 Corporation FN.PR.A First National Financial Preferred Shares Tawse, Moray 4, 7, 5 29/02/2016 10 9.74 3,750 850 Corporation FN.PR.A First National Financial Preferred Shares Tawse, Moray 4, 7, 5 29/02/2016 10 9.74 7,700 1,800 Corporation FN.PR.A First National Financial Preferred Shares Tawse, Moray 4, 7, 5 29/02/2016 10 9.75 7,800 100 Corporation FN.PR.A First National Financial Preferred Shares Tawse, Moray 4, 7, 5 01/03/2016 10 9.75 10,200 2,400 Corporation FN.PR.A Flaherty & Crumrine Trust Units Flaherty & Crumrine 1 01/02/2016 38 11.81 3,000 3,000 Investment Grade Investment Grade Fixed Income Fund Fixed Income Fund Flaherty & Crumrine Trust Units Flaherty & Crumrine 1 01/02/2016 38 11.81 0 -3,000 Investment Grade Investment Grade Fixed Income Fund Fixed Income Fund Flaherty & Crumrine Trust Units Flaherty & Crumrine 1 02/02/2016 38 11.79 2,700 2,700 Investment Grade Investment Grade Fixed Income Fund Fixed Income Fund Flaherty & Crumrine Trust Units Flaherty & Crumrine 1 02/02/2016 38 11.79 0 -2,700 Investment Grade Investment Grade Fixed Income Fund Fixed Income Fund Flaherty & Crumrine Trust Units Flaherty & Crumrine 1 03/02/2016 38 11.79 3,000 3,000 Investment Grade Investment Grade Fixed Income Fund Fixed Income Fund Flaherty & Crumrine Trust Units Flaherty & Crumrine 1 03/02/2016 38 11.79 0 -3,000 Investment Grade Investment Grade Fixed Income Fund Fixed Income Fund Flaherty & Crumrine Trust Units Flaherty & Crumrine 1 04/02/2016 38 11.77 3,000 3,000 Investment Grade Investment Grade Fixed Income Fund Fixed Income Fund Flaherty & Crumrine Trust Units Flaherty & Crumrine 1 04/02/2016 38 11.77 0 -3,000 Investment Grade Investment Grade Fixed Income Fund Fixed Income Fund

March 17, 2016 (2016), 39 OSCB 2549

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Flaherty & Crumrine Trust Units Flaherty & Crumrine 1 05/02/2016 38 11.72 2,700 2,700 Investment Grade Investment Grade Fixed Income Fund Fixed Income Fund Flaherty & Crumrine Trust Units Flaherty & Crumrine 1 05/02/2016 38 11.72 0 -2,700 Investment Grade Investment Grade Fixed Income Fund Fixed Income Fund Flaherty & Crumrine Trust Units Flaherty & Crumrine 1 08/02/2016 38 11.64 3,000 3,000 Investment Grade Investment Grade Fixed Income Fund Fixed Income Fund Flaherty & Crumrine Trust Units Flaherty & Crumrine 1 08/02/2016 38 11.64 0 -3,000 Investment Grade Investment Grade Fixed Income Fund Fixed Income Fund Flaherty & Crumrine Trust Units Flaherty & Crumrine 1 09/02/2016 38 11.55 3,000 3,000 Investment Grade Investment Grade Fixed Income Fund Fixed Income Fund Flaherty & Crumrine Trust Units Flaherty & Crumrine 1 09/02/2016 38 11.55 0 -3,000 Investment Grade Investment Grade Fixed Income Fund Fixed Income Fund Flaherty & Crumrine Trust Units Flaherty & Crumrine 1 09/02/2016 38 11.4 2,500 2,500 Investment Grade Investment Grade Fixed Income Fund Fixed Income Fund Flaherty & Crumrine Trust Units Flaherty & Crumrine 1 09/02/2016 38 11.4 0 -2,500 Investment Grade Investment Grade Fixed Income Fund Fixed Income Fund Flaherty & Crumrine Trust Units Flaherty & Crumrine 1 11/02/2016 38 11.25 3,000 3,000 Investment Grade Investment Grade Fixed Income Fund Fixed Income Fund Flaherty & Crumrine Trust Units Flaherty & Crumrine 1 11/02/2016 38 11.25 0 -3,000 Investment Grade Investment Grade Fixed Income Fund Fixed Income Fund Flaherty & Crumrine Trust Units Flaherty & Crumrine 1 24/02/2016 38 11.45 3,000 3,000 Investment Grade Investment Grade Fixed Income Fund Fixed Income Fund Flaherty & Crumrine Trust Units Flaherty & Crumrine 1 24/02/2016 38 11.45 0 -3,000 Investment Grade Investment Grade Fixed Income Fund Fixed Income Fund Flaherty & Crumrine Trust Units Flaherty & Crumrine 1 25/02/2016 38 11.41 3,000 3,000 Investment Grade Investment Grade Fixed Income Fund Fixed Income Fund Flaherty & Crumrine Trust Units Flaherty & Crumrine 1 25/02/2016 38 11.41 0 -3,000 Investment Grade Investment Grade Fixed Income Fund Fixed Income Fund Flaherty & Crumrine Trust Units Flaherty & Crumrine 1 26/02/2016 38 11.41 2,300 2,300 Investment Grade Investment Grade Fixed Income Fund Fixed Income Fund Flaherty & Crumrine Trust Units Flaherty & Crumrine 1 26/02/2016 38 11.41 0 -2,300 Investment Grade Investment Grade Fixed Income Fund Fixed Income Fund Foraco International Common Shares Foraco International 1 01/02/2016 38 0.27 515,311 2,072 SA SA Foraco International Common Shares Foraco International 1 05/02/2016 38 0.27 517,383 2,072 SA SA Foran Mining Options Dowdall, Sharon 4 08/03/2016 50 685,000 260,000 Corporation Elizabeth Foran Mining Options Fleming, David 5 08/03/2016 50 0.11 1,350,000 325,000 Corporation Bruce Foran Mining Options March, Roger Bursell 5 08/03/2016 50 0.11 850,000 325,000 Corporation Foran Mining Options Morcombe, Darren 4 08/03/2016 50 1,050,000 525,000 Corporation James Foran Mining Options Petroff, David 4 08/03/2016 50 625,000 100,000 Corporation Michael Foran Mining Options Soares, Patrick 5 08/03/2016 50 1,275,000 525,000 Corporation Foran Mining Options Tagami, Maurice 4 08/03/2016 50 685,000 260,000 Corporation Alan Foran Mining Options Thiessen, Tim 5 08/03/2016 50 0.11 1,130,000 325,000 Corporation Fortis Inc. Common Shares Duke, Nora 5 08/03/2016 10 40 123,048 -13,470

March 17, 2016 (2016), 39 OSCB 2550

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Fox River Resources Common Shares Case, Stephen 4, 5 04/03/2016 10 0.035 1,350,386 31,000 Corporation Dunbar Fox River Resources Common Shares Case, Stephen 4, 5 07/03/2016 10 0.035 1,600,386 250,000 Corporation Dunbar Fox River Resources Common Shares Case, Stephen 4, 5 07/03/2016 10 0.035 1,893,386 293,000 Corporation Dunbar Fox River Resources Common Shares Case, Stephen 4, 5 07/03/2016 10 0.035 2,190,686 297,300 Corporation Dunbar Fox River Resources Common Shares Case, Stephen 4, 5 10/03/2016 10 0.035 2,270,686 80,000 Corporation Dunbar Fox River Resources Common Shares Case, Stephen 4, 5 10/03/2016 10 0.035 2,465,686 195,000 Corporation Dunbar Fox River Resources Common Shares Case, Stephen 4, 5 10/03/2016 10 0.03 2,631,686 166,000 Corporation Dunbar Fox River Resources Common Shares Laschinger, Fraser 5 07/03/2016 10 0.03 99,500 67,000 Corporation James Freehold Royalties Ltd. Common Shares Romanow, Marvin F. 4 15/07/2015 30 14.31 20,125 125 Freehold Royalties Ltd. Common Shares Romanow, Marvin F. 4 17/08/2015 30 11.1 20,288 163 Freehold Royalties Ltd. Common Shares Romanow, Marvin F. 4 15/09/2015 30 9.8 20,474 186 Freehold Royalties Ltd. Common Shares Romanow, Marvin F. 4 15/10/2015 30 11.37 20,600 126 Freehold Royalties Ltd. Common Shares Romanow, Marvin F. 4 16/11/2015 30 10.2 20,741 141 Freehold Royalties Ltd. Common Shares Romanow, Marvin F. 4 15/12/2015 30 9.44 20,894 153 Freehold Royalties Ltd. Common Shares Romanow, Marvin F. 4 15/01/2016 30 9.13 21,054 160 Freehold Royalties Ltd. Common Shares Romanow, Marvin F. 4 15/02/2016 30 9.57 21,208 154 Frontenac Mortgage Common Shares Barnes, Robert 4 03/03/2016 15 30 50,184 18 Investment Corporation Frontenac Mortgage Common Shares Cruickshank, Kevin 5 03/03/2016 15 30 12,168 82 Investment Corporation Frontenac Mortgage Common Shares REISER, DAWN 5 03/03/2016 15 30 743 107 Investment Corporation GDI Integrated Facility Options Bigras, Claude 3, 4, 5 14/05/2015 00 Services Inc. GDI Integrated Facility Options Bigras, Claude 3, 4, 5 14/05/2015 00 49,107 Services Inc. GDI Integrated Facility Performance Share Bigras, Claude 3, 4, 5 14/05/2015 00 Services Inc. Units GDI Integrated Facility Performance Share Bigras, Claude 3, 4, 5 14/05/2015 00 Services Inc. Units GDI Integrated Facility Performance Share Bigras, Claude 3, 4, 5 14/05/2015 00 17,188 Services Inc. Units GDI Integrated Facility Options Boomrod, Ahmed S. 5 01/03/2016 00 17,036 Services Inc. GDI Integrated Facility Performance Share Boomrod, Ahmed S. 5 01/03/2016 00 5,963 Services Inc. Units GDI Integrated Facility Subordinate Voting Boomrod, Ahmed S. 5 01/03/2016 00 387,158 Services Inc. Shares GDI Integrated Facility Subordinate Voting Boychuk, Michael T. 4 14/05/2015 00 Services Inc. Shares GDI Integrated Facility Subordinate Voting Boychuk, Michael T. 4 14/05/2015 00 1,000 Services Inc. Shares GDI Integrated Facility Subordinate Voting Boychuk, Michael T. 4 14/05/2015 00 Services Inc. Shares GDI Integrated Facility Subordinate Voting Boychuk, Michael T. 4 14/05/2015 00 2,000 Services Inc. Shares GDI Integrated Facility Options Castonguay, Claire 5 14/05/2015 00 Services Inc. GDI Integrated Facility Options Castonguay, Claire 5 14/05/2015 00 3,125 Services Inc. GDI Integrated Facility Performance Share Castonguay, Claire 5 14/05/2015 00 Services Inc. Units GDI Integrated Facility Performance Share Castonguay, Claire 5 14/05/2015 00 Services Inc. Units GDI Integrated Facility Performance Share Castonguay, Claire 5 14/05/2015 00 1,094 Services Inc. Units GDI Integrated Facility Performance Share Crozier, Robert 5 14/05/2015 00 Services Inc. Units Michael

March 17, 2016 (2016), 39 OSCB 2551

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed GDI Integrated Facility Performance Share Crozier, Robert 5 14/05/2015 00 3,391 Services Inc. Units Michael GDI Integrated Facility Subordinate Voting Crozier, Robert 5 07/03/2016 10 10.4 29,974 1,600 Services Inc. Shares Michael GDI Integrated Facility Subordinate Voting Crozier, Robert 5 14/05/2015 00 Services Inc. Shares Michael GDI Integrated Facility Subordinate Voting Crozier, Robert 5 07/03/2016 10 10.4 540 540 Services Inc. Shares Michael GDI Integrated Facility Performance Share Edwards, Fred 5 14/05/2015 00 Services Inc. Units GDI Integrated Facility Performance Share Edwards, Fred 5 14/05/2015 00 4,314 Services Inc. Units GDI Integrated Facility Performance Share Gagné, Pierre 5 14/05/2015 00 Services Inc. Units GDI Integrated Facility Performance Share Gagné, Pierre 5 14/05/2015 00 9,000 Services Inc. Units GDI Integrated Facility Performance Share Hinchey, David 5 14/05/2015 00 Services Inc. Units GDI Integrated Facility Performance Share Hinchey, David 5 14/05/2015 00 3,750 Services Inc. Units GDI Integrated Facility Subordinate Voting Paré, Réal 5 01/03/2016 00 Services Inc. Shares GDI Integrated Facility Subordinate Voting Paré, Réal 5 01/03/2016 00 Services Inc. Shares GDI Integrated Facility Subordinate Voting Paré, Réal 5 01/03/2016 00 11,250 Services Inc. Shares GDI Integrated Facility Performance Share Sklivas, Daniel John 5 14/05/2015 00 Services Inc. Units GDI Integrated Facility Performance Share Sklivas, Daniel John 5 14/05/2015 00 4,026 Services Inc. Units GDI Integrated Facility Subordinate Voting Trottier, Jocelyn 5 07/03/2016 10 10.35 18,000 1,100 Services Inc. Shares GDI Integrated Facility Subordinate Voting Trottier, Jocelyn 5 08/03/2016 10 10.45 20,800 2,800 Services Inc. Shares GDI Integrated Facility Subordinate Voting Trottier, Jocelyn 5 09/03/2016 10 10.38 22,300 1,500 Services Inc. Shares GDI Integrated Facility Subordinate Voting Trottier, Jocelyn 5 09/03/2016 10 10.5 22,900 600 Services Inc. Shares GDI Integrated Facility Subordinate Voting Trottier, Jocelyn 5 09/03/2016 10 10.47 22,950 50 Services Inc. Shares GDI Integrated Facility Subordinate Voting Trottier, Jocelyn 5 09/03/2016 10 10.45 23,950 1,000 Services Inc. Shares GDI Integrated Facility Subordinate Voting Trottier, Jocelyn 5 09/03/2016 10 10.4 24,950 1,000 Services Inc. Shares GDI Integrated Facility Subordinate Voting Trottier, Jocelyn 5 10/03/2016 10 10.4 25,950 1,000 Services Inc. Shares GDI Integrated Facility Subordinate Voting Trottier, Jocelyn 5 10/03/2016 10 10.35 27,450 1,500 Services Inc. Shares GDI Integrated Facility Subordinate Voting Trottier, Jocelyn 5 10/03/2016 10 10.3 32,450 5,000 Services Inc. Shares GDI Integrated Facility Subordinate Voting Trottier, Jocelyn 5 11/03/2016 10 10.32 33,200 750 Services Inc. Shares GDI Integrated Facility Subordinate Voting Youngman, Carl 4 14/05/2015 00 Services Inc. Shares GDI Integrated Facility Subordinate Voting Youngman, Carl 4 07/03/2016 10 7.73 1,000 1,000 Services Inc. Shares GDI Integrated Facility Subordinate Voting Youngman, Carl 4 10/03/2016 10 7.83 2,000 1,000 Services Inc. Shares GDI Integrated Facility Subordinate Voting Youngman, Carl 4 10/03/2016 10 7.86 2,800 800 Services Inc. Shares GDI Integrated Facility Subordinate Voting Youngman, Carl 4 10/03/2016 10 7.87 7,000 4,200 Services Inc. Shares Genesis Metals Corp Common Shares Groves, Brian John 4 22/02/2016 00 679,166 (formerly Entourage Metals Ltd.) George Weston Common Shares Currie, Gordon 5 31/12/2015 30 5,458 123 Limited Andrew McDonald

March 17, 2016 (2016), 39 OSCB 2552

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed George Weston Common Shares Dufresne, Richard 5 31/12/2015 30 1,672 333 Limited George Weston Common Shares Wasti, Rashid 5 04/03/2016 10 110.66 300 100 Limited Gildan Activewear Inc. Common Shares Gildan Activewear 1 26/02/2016 38 32.91 245,000 245,000 Inc. Gildan Activewear Inc. Common Shares Gildan Activewear 1 29/02/2016 38 0 -245,000 Inc. Global Diversified Trust Units Dalphond, Claude 4 08/03/2016 10 0.18 8,000 8,000 Investment Grade Income Trust II Global Dividend Trust Units Global Dividend 1 04/03/2016 10 11.15 2,353,656 -16,500 Growers Income Fund Growers Income Fund Global Dividend Trust Units Global Dividend 1 07/03/2016 10 11.25 2,351,956 -1,700 Growers Income Fund Growers Income Fund Global Dividend Trust Units Global Dividend 1 08/03/2016 10 11.114 2,348,756 -3,200 Growers Income Fund Growers Income Fund Global Dividend Trust Units Global Dividend 1 09/03/2016 10 11.15 2,344,256 -4,500 Growers Income Fund Growers Income Fund Global Dividend Trust Units Global Dividend 1 10/03/2016 38 11.05 2,345,156 900 Growers Income Fund Growers Income Fund Global Healthcare Units Global Healthcare 1 01/02/2016 38 8.12 1,000 1,000 Income & Growth Fund Income & Growth Fund Global Healthcare Units Global Healthcare 1 01/02/2016 38 8.12 0 -1,000 Income & Growth Fund Income & Growth Fund Global Healthcare Units Global Healthcare 1 02/02/2016 38 8.43 3,000 3,000 Income & Growth Fund Income & Growth Fund Global Healthcare Units Global Healthcare 1 02/02/2016 38 8.43 0 -3,000 Income & Growth Fund Income & Growth Fund Global Healthcare Units Global Healthcare 1 03/02/2016 38 8.38 3,000 3,000 Income & Growth Fund Income & Growth Fund Global Healthcare Units Global Healthcare 1 03/02/2016 38 8.38 0 -3,000 Income & Growth Fund Income & Growth Fund Global Healthcare Units Global Healthcare 1 04/02/2016 38 8.25 3,000 3,000 Income & Growth Fund Income & Growth Fund Global Healthcare Units Global Healthcare 1 04/02/2016 38 8.25 0 -3,000 Income & Growth Fund Income & Growth Fund Global Healthcare Units Global Healthcare 1 05/02/2016 38 8.26 3,000 3,000 Income & Growth Fund Income & Growth Fund Global Healthcare Units Global Healthcare 1 05/02/2016 38 8.26 0 -3,000 Income & Growth Fund Income & Growth Fund Global Healthcare Units Global Healthcare 1 08/02/2016 38 8.08 3,000 3,000 Income & Growth Fund Income & Growth Fund Global Healthcare Units Global Healthcare 1 08/02/2016 38 8.08 0 -3,000 Income & Growth Fund Income & Growth Fund Global Healthcare Units Global Healthcare 1 09/02/2016 38 8.08 3,000 3,000 Income & Growth Fund Income & Growth Fund Global Healthcare Units Global Healthcare 1 09/02/2016 38 8.08 0 -3,000 Income & Growth Fund Income & Growth Fund

March 17, 2016 (2016), 39 OSCB 2553

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Global Healthcare Units Global Healthcare 1 10/02/2016 38 8.01 3,000 3,000 Income & Growth Fund Income & Growth Fund Global Healthcare Units Global Healthcare 1 10/02/2016 38 8.01 0 -3,000 Income & Growth Fund Income & Growth Fund Global Healthcare Units Global Healthcare 1 11/02/2016 38 8.01 1,900 1,900 Income & Growth Fund Income & Growth Fund Global Healthcare Units Global Healthcare 1 11/02/2016 38 8.01 0 -1,900 Income & Growth Fund Income & Growth Fund Global Healthcare Units Global Healthcare 1 12/02/2016 38 8.16 3,000 3,000 Income & Growth Fund Income & Growth Fund Global Healthcare Units Global Healthcare 1 12/02/2016 38 8.16 0 -3,000 Income & Growth Fund Income & Growth Fund Global Healthcare Units Global Healthcare 1 17/02/2016 38 8.17 3,000 3,000 Income & Growth Fund Income & Growth Fund Global Healthcare Units Global Healthcare 1 17/02/2016 38 8.17 0 -3,000 Income & Growth Fund Income & Growth Fund Global Healthcare Units Global Healthcare 1 18/02/2016 38 8.16 3,000 3,000 Income & Growth Fund Income & Growth Fund Global Healthcare Units Global Healthcare 1 18/02/2016 38 8.16 0 -3,000 Income & Growth Fund Income & Growth Fund Global Healthcare Units Global Healthcare 1 19/02/2016 38 8.13 1,200 1,200 Income & Growth Fund Income & Growth Fund Global Healthcare Units Global Healthcare 1 19/02/2016 38 8.13 0 -1,200 Income & Growth Fund Income & Growth Fund Global Healthcare Units Global Healthcare 1 23/02/2016 38 8.25 3,000 3,000 Income & Growth Fund Income & Growth Fund Global Healthcare Units Global Healthcare 1 23/02/2016 38 8.25 0 -3,000 Income & Growth Fund Income & Growth Fund Global Healthcare Units Global Healthcare 1 25/02/2016 38 8.2 3,000 3,000 Income & Growth Fund Income & Growth Fund Global Healthcare Units Global Healthcare 1 25/02/2016 38 8.2 0 -3,000 Income & Growth Fund Income & Growth Fund Global Healthcare Units Global Healthcare 1 25/02/2016 38 8.05 3,000 3,000 Income & Growth Fund Income & Growth Fund Global Healthcare Units Global Healthcare 1 25/02/2016 38 8.05 0 -3,000 Income & Growth Fund Income & Growth Fund Global Healthcare Units Global Healthcare 1 26/02/2016 38 8.14 1,200 1,200 Income & Growth Fund Income & Growth Fund Global Healthcare Units Global Healthcare 1 26/02/2016 38 8.14 0 -1,200 Income & Growth Fund Income & Growth Fund Global Healthcare Units Global Healthcare 1 26/02/2016 38 8.1 1,800 1,800 Income & Growth Fund Income & Growth Fund Global Healthcare Units Global Healthcare 1 26/02/2016 38 8.1 0 -1,800 Income & Growth Fund Income & Growth Fund Global Healthcare Units Global Healthcare 1 05/03/2016 38 8.26 -3,000 Income & Growth Fund Income & Growth Fund Global Infrastructure Trust Units Global Infrastructure 1 04/03/2016 10 8.1 1,821,100 -10,000 Dividend Fund Dividend Fund

March 17, 2016 (2016), 39 OSCB 2554

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Global Infrastructure Trust Units Global Infrastructure 1 08/03/2016 10 8.1 1,815,400 -5,700 Dividend Fund Dividend Fund Global Infrastructure Trust Units Global Infrastructure 1 09/03/2016 38 8.0626 1,817,700 2,300 Dividend Fund Dividend Fund Global Infrastructure Trust Units Global Infrastructure 1 10/03/2016 38 8.06 1,818,600 900 Dividend Fund Dividend Fund Global Real Estate Common Shares Global Real Estate 1 04/03/2016 38 8.0071 402,300 700 Dividend Growers Equity Shares Dividend Growers Corp. Corp. Global Real Estate Common Shares Global Real Estate 1 07/03/2016 38 8.0043 403,000 700 Dividend Growers Equity Shares Dividend Growers Corp. Corp. Global Real Estate Common Shares Global Real Estate 1 09/03/2016 38 7.9075 404,600 1,600 Dividend Growers Equity Shares Dividend Growers Corp. Corp. Global Real Estate Common Shares Global Real Estate 1 10/03/2016 38 7.9063 406,200 1,600 Dividend Growers Equity Shares Dividend Growers Corp. Corp. Globalance Dividend Common Shares Globalance Dividend 1 04/03/2016 38 8 216,200 1,000 Growers Corp. Equity Shares Growers Corp. Globalance Dividend Common Shares Globalance Dividend 1 09/03/2016 38 8 216,700 500 Growers Corp. Equity Shares Growers Corp. goeasy Ltd. (formerly, Deferred Share Unit Appel, David Harry 4 29/02/2016 56 44,499 167 easyhome Ltd.) Plan goeasy Ltd. (formerly, Common Shares Appel, Jason 5 09/03/2016 10 19.9 1,500 easyhome Ltd.) goeasy Ltd. (formerly, Common Shares Appel, Jason 5 09/03/2016 10 19.9 6,555 1,553 easyhome Ltd.) goeasy Ltd. (formerly, Common Shares Appel, Jason 5 09/03/2016 90 1,500 -5,055 easyhome Ltd.) goeasy Ltd. (formerly, Common Shares Appel, Jason 5 09/03/2015 00 easyhome Ltd.) goeasy Ltd. (formerly, Common Shares Appel, Jason 5 09/03/2016 90 1,300 1,300 easyhome Ltd.) goeasy Ltd. (formerly, Common Shares Appel, Jason 5 09/03/2015 00 easyhome Ltd.) goeasy Ltd. (formerly, Common Shares Appel, Jason 5 09/03/2016 90 1,000 1,000 easyhome Ltd.) goeasy Ltd. (formerly, Common Shares Appel, Jason 5 09/03/2015 00 easyhome Ltd.) goeasy Ltd. (formerly, Common Shares Appel, Jason 5 09/03/2016 10 19.9 500 500 easyhome Ltd.) goeasy Ltd. (formerly, Common Shares Appel, Jason 5 09/03/2016 90 2,299 1,799 easyhome Ltd.) goeasy Ltd. (formerly, Common Shares Appel, Jason 5 09/03/2015 00 easyhome Ltd.) goeasy Ltd. (formerly, Common Shares Appel, Jason 5 09/03/2016 90 956 956 easyhome Ltd.) goeasy Ltd. (formerly, Deferred Share Unit Basian, Karen 4 29/02/2016 56 6,628 167 easyhome Ltd.) Plan goeasy Ltd. (formerly, Deferred Share Unit Johnson, Donald 3, 4 29/02/2016 56 55,654 167 easyhome Ltd.) Plan Kenneth goeasy Ltd. (formerly, Deferred Share Unit Lewis, David Andrew 4 29/02/2016 56 44,627 167 easyhome Ltd.) Plan goeasy Ltd. (formerly, Deferred Share Unit Morrison, Sean 4 29/02/2016 56 2,017 167 easyhome Ltd.) Plan goeasy Ltd. (formerly, Common Shares Mullins, Jason 5 07/03/2016 10 19.99 9,260 1,200 easyhome Ltd.) goeasy Ltd. (formerly, Deferred Share Unit Thomson, David J. 4 29/02/2016 56 14,689 167 easyhome Ltd.) Plan GoGold Resources Inc. Common Shares Rhodenizer, Scott 6, 7 02/03/2016 10 1.05 19,261,800 -162,200 GoGold Resources Inc. Common Shares Rhodenizer, Scott 6, 7 03/03/2016 10 1.05 19,111,800 -150,000 Gold Reserve Inc. Common Shares Potvin, Jean-Charles 4 11/03/2016 10 5.98 311,672 17,500 Class A Common Shares Goldcorp Inc. Options Ball, Russell David 5 08/03/2016 50 20.27 535,656 101,169 Goldcorp Inc. PSUs Ball, Russell David 5 08/03/2016 97 205,233 51,653

March 17, 2016 (2016), 39 OSCB 2555

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Goldcorp Inc. Rights Ball, Russell David 5 08/03/2016 56 51,819 20,718 Goldcorp Inc. Options Ballesteros, 7 08/03/2016 52 79,896 -12,000 Francisco de Jesus Goldcorp Inc. Options Ballesteros, 7 08/03/2016 50 15.24 96,327 16,431 Francisco de Jesus Goldcorp Inc. PSUs Ballesteros, 7 13/02/2015 00 Francisco de Jesus Goldcorp Inc. PSUs Ballesteros, 7 08/03/2016 97 4,190 4,190 Francisco de Jesus Goldcorp Inc. Rights Ballesteros, 7 08/03/2016 56 16,127 6,767 Francisco de Jesus Goldcorp Inc. Common Shares Bell, John 4 08/03/2016 10 20.88 49,978 8,066 Goldcorp Inc. Rights Bell, John 4 08/03/2016 56 8,066 8,066 Goldcorp Inc. Rights Bell, John 4 08/03/2016 57 0 -8,066 Goldcorp Inc. Options Belleau, Guy 7 08/03/2016 52 120,558 -55,000 Goldcorp Inc. Options Belleau, Guy 7 08/03/2016 50 20.27 146,098 25,540 Goldcorp Inc. PSUs Belleau, Guy 7 13/02/2015 00 Goldcorp Inc. PSUs Belleau, Guy 7 08/03/2016 97 6,520 6,520 Goldcorp Inc. Rights Belleau, Guy 7 08/03/2016 56 22,563 10,460 Goldcorp Inc. Options BERGERON, 5 08/03/2016 52 163,882 -40,000 BRENT Goldcorp Inc. Options BERGERON, 5 08/03/2016 50 20.27 229,305 65,423 BRENT Goldcorp Inc. PSUs BERGERON, 5 08/03/2016 97 81,612 33,402 BRENT Goldcorp Inc. Rights BERGERON, 5 08/03/2016 56 25,618 13,398 BRENT Goldcorp Inc. Common Shares Briscoe, Beverley 4 08/03/2016 10 20.88 50,570 8,066 Anne Goldcorp Inc. Rights Briscoe, Beverley 4 08/03/2016 56 8,066 8,066 Anne Goldcorp Inc. Rights Briscoe, Beverley 4 08/03/2016 57 0 -8,066 Anne Goldcorp Inc. Options Bristol, Wade William 5 08/03/2016 50 15.24 75,785 29,148 Goldcorp Inc. PSUs Bristol, Wade William 5 30/07/2014 00 Goldcorp Inc. PSUs Bristol, Wade William 5 08/03/2016 97 7,433 7,433 Goldcorp Inc. Rights Bristol, Wade William 5 08/03/2016 56 26,544 12,004 Goldcorp Inc. Options Buras, David Allen 5 08/03/2016 50 15.24 73,873 24,664 Goldcorp Inc. PSUs Buras, David Allen 5 17/02/2016 00 Goldcorp Inc. PSUs Buras, David Allen 5 08/03/2016 97 6,289 6,289 Goldcorp Inc. Rights Buras, David Allen 5 08/03/2016 56 20,681 10,157 Goldcorp Inc. Options Burns, George 5 08/03/2016 52 393,130 -70,000 Raymond Goldcorp Inc. Options Burns, George 5 08/03/2016 50 20.27 507,788 114,658 Raymond Goldcorp Inc. PSUs Burns, George 5 08/03/2016 97 159,035 58,540 Raymond Goldcorp Inc. Rights Burns, George 5 08/03/2016 56 48,452 23,481 Raymond Goldcorp Inc. Common Shares Campbell, Shawn 7 07/03/2016 30 17.676 2,571 150 Douglas Goldcorp Inc. Common Shares Campbell, Shawn 7 07/03/2016 10 21.19 0 -2,571 Douglas Goldcorp Inc. Options Campbell, Shawn 7 08/03/2016 50 20.27 51,823 18,773 Douglas Goldcorp Inc. Rights Campbell, Shawn 7 08/03/2016 56 11,196 5,767 Douglas Goldcorp Inc. Options Canepari, Luis 5 08/03/2016 50 20.27 106,320 21,403 Maximo Goldcorp Inc. PSUs Canepari, Luis 5 14/02/2013 00 Maximo Goldcorp Inc. PSUs Canepari, Luis 5 08/03/2016 97 5,464 5,464 Maximo Goldcorp Inc. Rights Canepari, Luis 5 08/03/2016 56 18,908 8,766 Maximo

March 17, 2016 (2016), 39 OSCB 2556

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Goldcorp Inc. Options Castaños Perez, 5 08/03/2016 50 15.24 96,652 25,729 Arturo Pablo Goldcorp Inc. PSUs Castaños Perez, 5 12/02/2014 00 Arturo Pablo Goldcorp Inc. PSUs Castaños Perez, 5 08/03/2016 97 6,561 6,561 Arturo Pablo Goldcorp Inc. Rights Castaños Perez, 5 08/03/2016 56 23,249 10,595 Arturo Pablo Goldcorp Inc. Options Chan, Kathy 5 08/03/2016 52 106,456 -40,000 Goldcorp Inc. Options Chan, Kathy 5 08/03/2016 50 20.27 129,388 22,932 Goldcorp Inc. PSUs Chan, Kathy 5 19/05/2010 00 Goldcorp Inc. PSUs Chan, Kathy 5 08/03/2016 97 5,854 5,854 Goldcorp Inc. Rights Chan, Kathy 5 08/03/2016 56 20,260 9,392 Goldcorp Inc. Options Cormier, Christopher 7 08/03/2016 52 125,823 -55,000 Goldcorp Inc. Options Cormier, Christopher 7 08/03/2016 50 20.27 152,352 26,529 Goldcorp Inc. PSUs Cormier, Christopher 7 01/01/2016 00 Goldcorp Inc. PSUs Cormier, Christopher 7 08/03/2016 97 6,772 6,772 Goldcorp Inc. Rights Cormier, Christopher 7 08/03/2016 56 23,438 10,866 Goldcorp Inc. Options Danni, Jerry Wayne 5 08/03/2016 50 15.24 198,560 52,691 Goldcorp Inc. PSUs Danni, Jerry Wayne 5 08/03/2016 97 44,787 26,872 Goldcorp Inc. Rights Danni, Jerry Wayne 5 08/03/2016 56 25,201 10,849 Goldcorp Inc. Common Shares Dey, Peter James 4 08/03/2016 10 20.88 47,319 8,066 Goldcorp Inc. Rights Dey, Peter James 4 08/03/2016 56 8,066 8,066 Goldcorp Inc. Rights Dey, Peter James 4 08/03/2016 57 0 -8,066 Goldcorp Inc. Options Dick, Joseph Dennis 5 08/03/2016 50 15.24 107,764 51,710 Goldcorp Inc. PSUs Dick, Joseph Dennis 5 08/03/2016 97 40,666 26,372 Goldcorp Inc. Rights Dick, Joseph Dennis 5 08/03/2016 56 26,101 10,647 Goldcorp Inc. Common Shares Franssen, Margot A. 4 08/03/2016 10 20.88 16,132 8,066 Goldcorp Inc. Rights Franssen, Margot A. 4 08/03/2016 56 8,066 8,066 Goldcorp Inc. Rights Franssen, Margot A. 4 08/03/2016 57 0 -8,066 Goldcorp Inc. Options Gardiner, Stuart 7 08/03/2016 52 49.58 83,759 -32,000 James Goldcorp Inc. Options Gardiner, Stuart 7 08/03/2016 52 43.43 61,759 -22,000 James Goldcorp Inc. Common Shares Garofalo, David 5 08/03/2016 30 21.134 640 640 Goldcorp Inc. Common Shares Garofalo, David 5 08/03/2016 57 20.968 75,975 75,335 Goldcorp Inc. Common Shares Garofalo, David 5 08/03/2016 10 20.968 640 -75,335 Goldcorp Inc. Rights Garofalo, David 5 08/03/2016 56 226,005 226,005 Goldcorp Inc. Rights Garofalo, David 5 08/03/2016 57 150,670 -75,335 Goldcorp Inc. Options Gascon, William P. 7 08/03/2016 50 20.27 84,423 22,932 Goldcorp Inc. PSUs Gascon, William P. 7 13/02/2015 00 Goldcorp Inc. PSUs Gascon, William P. 7 08/03/2016 97 5,854 5,854 Goldcorp Inc. Rights Gascon, William P. 7 08/03/2016 56 19,570 9,392 Goldcorp Inc. Options Ghuldu, Rishi 5 08/03/2016 50 20.27 66,371 21,583 Goldcorp Inc. PSUs Ghuldu, Rishi 5 17/02/2016 00 Goldcorp Inc. PSUs Ghuldu, Rishi 5 08/03/2016 97 5,510 5,510 Goldcorp Inc. Rights Ghuldu, Rishi 5 08/03/2016 56 16,472 8,840 Goldcorp Inc. Options Gignac, Daniel 7 08/03/2016 50 20.27 70,143 26,978 Jerome Goldcorp Inc. PSUs Gignac, Daniel 7 13/02/2015 00 Jerome Goldcorp Inc. PSUs Gignac, Daniel 7 08/03/2016 97 6,887 6,887 Jerome Goldcorp Inc. Rights Gignac, Daniel 7 08/03/2016 56 19,890 11,050 Jerome Goldcorp Inc. Options Hackney, Kim Lionel 5 08/03/2016 50 15.24 87,444 33,632 Goldcorp Inc. PSUs Hackney, Kim Lionel 5 18/02/2015 00 Goldcorp Inc. PSUs Hackney, Kim Lionel 5 08/03/2016 97 8,576 8,576 Goldcorp Inc. Rights Hackney, Kim Lionel 5 08/03/2016 56 36,687 13,850 Goldcorp Inc. Options Hall, Lindsay Albert 5 08/03/2016 52 433,664 -100,000

March 17, 2016 (2016), 39 OSCB 2557

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Goldcorp Inc. Options HILLE, SIMON 5 08/03/2016 50 20.27 127,314 26,079 OSWALD Goldcorp Inc. PSUs HILLE, SIMON 5 01/01/2014 00 OSWALD Goldcorp Inc. PSUs HILLE, SIMON 5 08/03/2016 97 6,657 6,657 OSWALD Goldcorp Inc. Rights HILLE, SIMON 5 08/03/2016 56 21,762 10,681 OSWALD Goldcorp Inc. Common Shares Holtby, Douglas 4 08/03/2016 10 20.85 8,066 8,066 Martin Goldcorp Inc. Common Shares Holtby, Douglas 4 08/03/2016 10 20.85 4,218 -3,848 Martin Goldcorp Inc. Rights Holtby, Douglas 4 08/03/2016 56 8,066 8,066 Martin Goldcorp Inc. Rights Holtby, Douglas 4 08/03/2016 57 0 -8,066 Martin Goldcorp Inc. Options Humphrey, William 7 08/03/2016 52 119,139 -55,000 Albert Goldcorp Inc. Options Humphrey, William 7 08/03/2016 50 15.24 147,306 28,167 Albert Goldcorp Inc. PSUs Humphrey, William 7 13/02/2015 00 Albert Goldcorp Inc. PSUs Humphrey, William 7 08/03/2016 97 7,183 7,183 Albert Goldcorp Inc. Rights Humphrey, William 7 08/03/2016 56 24,540 11,599 Albert Goldcorp Inc. Options Jeannes, Charles A. 4 08/03/2016 52 1,104,065 -120,000 Goldcorp Inc. RURs Jofre, Jose Luis 7 08/03/2016 97 5,025 3,511 Goldcorp Inc. Options Julieta, Kuri Sawaya 7 08/03/2016 52 42,700 -5,500 Goldcorp Inc. Options Julieta, Kuri Sawaya 7 08/03/2016 50 15.24 58,151 15,451 Goldcorp Inc. Rights Julieta, Kuri Sawaya 7 08/03/2016 56 10,028 4,772 Goldcorp Inc. Options KLEIN, JOANNE 5 08/03/2016 50 20.27 133,006 21,057 MARGARET Goldcorp Inc. PSUs KLEIN, JOANNE 5 01/01/2014 00 MARGARET Goldcorp Inc. PSUs KLEIN, JOANNE 5 08/03/2016 97 5,375 5,375 MARGARET Goldcorp Inc. Rights KLEIN, JOANNE 5 08/03/2016 56 18,127 8,624 MARGARET Goldcorp Inc. Common Shares La Foy, Jeff Morlan 5 09/03/2016 10 15.8 151 -5,343 Goldcorp Inc. Options La Foy, Jeff Morlan 5 08/03/2016 50 15.24 97,660 26,906 Goldcorp Inc. PSUs La Foy, Jeff Morlan 5 12/02/2014 00 Goldcorp Inc. PSUs La Foy, Jeff Morlan 5 08/03/2016 97 6,861 6,861 Goldcorp Inc. Rights La Foy, Jeff Morlan 5 08/03/2016 56 23,233 11,080 Goldcorp Inc. Options Lauzier, Marc 7 08/03/2016 52 107,114 -33,000 Goldcorp Inc. Options Lauzier, Marc 7 08/03/2016 50 20.27 132,294 25,180 Goldcorp Inc. PSUs Lauzier, Marc 7 13/02/2015 00 Goldcorp Inc. PSUs Lauzier, Marc 7 08/03/2016 97 6,428 6,428 Goldcorp Inc. Rights Lauzier, Marc 7 08/03/2016 56 21,510 10,313 Goldcorp Inc. Options Lawson, Gilbert John 5 08/03/2016 52 118,068 -55,000 Frederick Goldcorp Inc. Options Lawson, Gilbert John 5 08/03/2016 50 20.27 143,158 25,090 Frederick Goldcorp Inc. PSUs Lawson, Gilbert John 5 30/07/2014 00 Frederick Goldcorp Inc. PSUs Lawson, Gilbert John 5 08/03/2016 97 6,405 6,405 Frederick Goldcorp Inc. Rights Lawson, Gilbert John 5 08/03/2016 56 22,166 10,276 Frederick Goldcorp Inc. Options Lopez, Edgardo 7 08/03/2016 52 77,202 -33,000 Augusto Goldcorp Inc. Options Lopez, Edgardo 7 08/03/2016 50 15.24 106,798 29,596 Augusto Goldcorp Inc. Rights Lopez, Edgardo 7 08/03/2016 56 17,640 9,141 Augusto

March 17, 2016 (2016), 39 OSCB 2558

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Goldcorp Inc. Options Louie, Wendy 8 08/03/2016 52 110,759 -40,000 Goldcorp Inc. Options Masse, Ann 5 08/03/2016 50 20.27 64,298 24,730 Goldcorp Inc. PSUs Masse, Ann 5 11/08/2014 00 Goldcorp Inc. PSUs Masse, Ann 5 08/03/2016 97 6,313 6,313 Goldcorp Inc. Rights Masse, Ann 5 08/03/2016 56 18,232 10,129 Goldcorp Inc. Options Orazietti, Richard 5 08/03/2016 50 20.27 131,169 32,037 Goldcorp Inc. PSUs Orazietti, Richard 5 15/02/2012 00 Goldcorp Inc. PSUs Orazietti, Richard 5 08/03/2016 97 16,357 16,357 Goldcorp Inc. Rights Orazietti, Richard 5 08/03/2016 56 16,490 6,561 Goldcorp Inc. Options Parsons, David 5 08/03/2016 52 139,501 -40,000 Goldcorp Inc. Options Patterson, William 5 08/03/2016 50 15.24 77,809 26,906 David Goldcorp Inc. PSUs Patterson, William 5 17/02/2016 00 David Goldcorp Inc. PSUs Patterson, William 5 08/03/2016 97 6,861 6,861 David Goldcorp Inc. Rights Patterson, William 5 08/03/2016 56 19,604 11,080 David Goldcorp Inc. Common Shares Pelletier, Clement A 4 08/03/2016 10 20.88 27,063 8,066 Goldcorp Inc. Rights Pelletier, Clement A 4 08/03/2016 56 8,066 8,066 Goldcorp Inc. Rights Pelletier, Clement A 4 08/03/2016 57 0 -8,066 Goldcorp Inc. RURs Perez Palacios, 7 08/03/2016 97 6,056 2,858 Manuel Goldcorp Inc. Common Shares Perkins, David 7 08/03/2016 10 15.45 13,567 -914 Patrick Michael Goldcorp Inc. Options Perkins, David 7 08/03/2016 52 80,238 -33,000 Patrick Michael Goldcorp Inc. Options Perkins, David 7 08/03/2016 50 15.24 115,216 34,978 Patrick Michael Goldcorp Inc. Rights Perkins, David 7 08/03/2016 56 19,521 10,803 Patrick Michael Goldcorp Inc. Options Randhawa, Raman 7 08/03/2016 52 118,391 -30,000 Goldcorp Inc. Options Randhawa, Raman 7 08/03/2016 50 20.27 139,592 21,201 Goldcorp Inc. PSUs Randhawa, Raman 7 29/11/2012 00 Goldcorp Inc. PSUs Randhawa, Raman 7 08/03/2016 97 5,412 5,412 Goldcorp Inc. Rights Randhawa, Raman 7 08/03/2016 56 18,730 8,683 Goldcorp Inc. Common Shares Reifel, P. Randy 4 08/03/2016 10 20.88 1,469,670 8,066 Goldcorp Inc. Rights Reifel, P. Randy 4 08/03/2016 56 8,066 8,066 Goldcorp Inc. Rights Reifel, P. Randy 4 08/03/2016 57 0 -8,066 Goldcorp Inc. Options Reynaud Arana, 7 08/03/2016 52 64,885 -25,000 Juan Fernando Goldcorp Inc. Options Reynaud Arana, 7 08/03/2016 50 15.24 88,861 23,976 Juan Fernando Goldcorp Inc. Rights Reynaud Arana, 7 08/03/2016 56 14,559 7,405 Juan Fernando Goldcorp Inc. Options Ripley, Charlene 5 08/03/2016 50 20.27 586,838 74,191 Adele Goldcorp Inc. PSUs Ripley, Charlene 5 08/03/2016 97 128,439 37,879 Adele Goldcorp Inc. Rights Ripley, Charlene 5 08/03/2016 56 51,136 15,193 Adele Goldcorp Inc. Options Roldan, Christian 7 08/03/2016 52 64,635 -33,000 Goldcorp Inc. Options Roldan, Christian 7 08/03/2016 50 15.24 81,524 16,889 Goldcorp Inc. PSUs Roldan, Christian 7 13/02/2015 00 Goldcorp Inc. PSUs Roldan, Christian 7 08/03/2016 97 4,307 4,307 Goldcorp Inc. Rights Roldan, Christian 7 08/03/2016 56 14,427 6,955 Goldcorp Inc. Options Ronkos, Charles 5 08/03/2016 52 223,803 -70,000 Joseph Goldcorp Inc. Options Rustad, Colette 5 08/03/2016 52 148,952 -70,000 Goldcorp Inc. Options Ruus, Mark Adrian 5 08/03/2016 52 302,037 -70,000 Goldcorp Inc. Options Ruus, Mark Adrian 5 08/03/2016 50 20.27 339,357 37,320 Goldcorp Inc. PSUs Ruus, Mark Adrian 5 08/03/2016 97 45,413 19,054

March 17, 2016 (2016), 39 OSCB 2559

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Goldcorp Inc. Rights Ruus, Mark Adrian 5 08/03/2016 56 17,468 7,643 Goldcorp Inc. Options Stephens, David 5 09/03/2016 00 36,511 Andrew Goldcorp Inc. PSUs Stephens, David 5 09/03/2016 00 5,051 Andrew Goldcorp Inc. Rights Stephens, David 5 09/03/2016 00 11,528 Andrew Goldcorp Inc. Common Shares Telfer, Ian William 4, 5 08/03/2016 10 20.88 200,866 8,066 Goldcorp Inc. Rights Telfer, Ian William 4, 5 08/03/2016 56 8,066 8,066 Goldcorp Inc. Rights Telfer, Ian William 4, 5 08/03/2016 57 0 -8,066 Goldcorp Inc. Common Shares Treviño de la Vega, 4 08/03/2016 10 20.88 23,833 8,066 Blanca Goldcorp Inc. Common Shares Treviño de la Vega, 4 08/03/2016 10 15.69 19,987 -3,846 Blanca Goldcorp Inc. Rights Treviño de la Vega, 4 08/03/2016 56 8,066 8,066 Blanca Goldcorp Inc. Rights Treviño de la Vega, 4 08/03/2016 57 0 -8,066 Blanca Goldcorp Inc. Options Tudela, Anna Maria 5 08/03/2016 52 103,745 -40,000 Goldcorp Inc. Options Tudela, Anna Maria 5 08/03/2016 50 20.27 126,587 22,842 Goldcorp Inc. PSUs Tudela, Anna Maria 5 08/03/2016 97 5,831 5,831 Goldcorp Inc. Rights Tudela, Anna Maria 5 08/03/2016 56 19,754 9,355 Goldcorp Inc. Options Wade, Lisa 5 08/03/2016 52 63,165 -30,000 Goldcorp Inc. Options Wade, Lisa 5 08/03/2016 50 20.27 85,647 22,482 Goldcorp Inc. PSUs Wade, Lisa 5 01/08/2015 00 Goldcorp Inc. PSUs Wade, Lisa 5 08/03/2016 97 5,739 5,739 Goldcorp Inc. Rights Wade, Lisa 5 08/03/2016 56 16,317 9,208 Goldcorp Inc. Options White, Todd James 5 08/03/2016 50 20.27 122,521 50,585 Goldcorp Inc. PSUs White, Todd James 5 08/03/2016 97 74,170 25,826 Goldcorp Inc. Rights White, Todd James 5 08/03/2016 56 21,996 10,359 Goldcorp Inc. Options Wilhoit, Jeffrey 5 08/03/2016 52 145,272 -40,000 Goldcorp Inc. Common Shares Williamson, Kenneth 4 08/03/2016 10 20.88 60,573 8,066 Frank Goldcorp Inc. Rights Williamson, Kenneth 4 08/03/2016 56 8,066 8,066 Frank Goldcorp Inc. Rights Williamson, Kenneth 4 08/03/2016 57 0 -8,066 Frank Goldcorp Inc. Options Woodall, Christopher 5 08/03/2016 50 20.27 185,480 41,479 Goldcorp Inc. PSUs Woodall, Christopher 5 08/03/2016 97 52,332 21,178 Goldcorp Inc. Rights Woodall, Christopher 5 08/03/2016 56 19,866 8,494 Goldcorp Inc. Options Zuidema, Brendan 7 08/03/2016 50 20.27 57,284 22,032 David Goldcorp Inc. PSUs Zuidema, Brendan 7 13/02/2015 00 David Goldcorp Inc. PSUs Zuidema, Brendan 7 08/03/2016 97 5,624 5,624 David Goldcorp Inc. Rights Zuidema, Brendan 7 08/03/2016 56 18,058 9,024 David Golden Dawn Minerals Common Shares Wiese, Wolfgang 4, 5 24/02/2016 10 0.145 50,000 Inc. Golden Dawn Minerals Common Shares Wiese, Wolfgang 4, 5 24/02/2016 10 0.145 3,167,908 -50,000 Inc. Golden Dawn Minerals Common Shares Wiese, Wolfgang 4, 5 25/02/2016 54 0.1 3,289,074 121,166 Inc. Golden Dawn Minerals Common Shares Wiese, Wolfgang 4, 5 10/03/2016 16 0.12 3,989,074 800,000 Inc. Golden Dawn Minerals Common Shares Wiese, Wolfgang 4, 5 11/03/2016 10 0.16 3,942,574 -46,500 Inc. Golden Dawn Minerals Warrants Wiese, Wolfgang 4, 5 25/02/2016 54 0.1 6,017,334 -121,166 Inc. Golden Dawn Minerals Warrants Wiese, Wolfgang 4, 5 10/03/2016 53 0.13 6,817,334 800,000 Inc. Golden Share Mining Common Shares Zeng, Nick Nianqing 4, 5 08/03/2016 10 0.095 1,421,000 25,000 Corporation

March 17, 2016 (2016), 39 OSCB 2560

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Golden Share Mining Common Shares Zeng, Nick Nianqing 4, 5 11/03/2016 10 0.098 1,431,000 10,000 Corporation Goldman Sachs U.S. Units Class A Goldman Sachs U.S. 1 01/02/2016 38 6.99 300 300 Income Builder Trust Income Builder Trust Goldman Sachs U.S. Units Class A Goldman Sachs U.S. 1 01/02/2016 38 6.99 0 -300 Income Builder Trust Income Builder Trust Goldman Sachs U.S. Units Class A Goldman Sachs U.S. 1 01/02/2016 38 7 2,700 2,700 Income Builder Trust Income Builder Trust Goldman Sachs U.S. Units Class A Goldman Sachs U.S. 1 01/02/2016 38 7 0 -2,700 Income Builder Trust Income Builder Trust Goldman Sachs U.S. Units Class A Goldman Sachs U.S. 1 02/02/2016 38 6.88 1,400 1,400 Income Builder Trust Income Builder Trust Goldman Sachs U.S. Units Class A Goldman Sachs U.S. 1 02/02/2016 38 6.88 0 -1,400 Income Builder Trust Income Builder Trust Goldman Sachs U.S. Units Class A Goldman Sachs U.S. 1 04/02/2016 38 6.91 500 500 Income Builder Trust Income Builder Trust Goldman Sachs U.S. Units Class A Goldman Sachs U.S. 1 04/02/2016 38 6.91 0 -500 Income Builder Trust Income Builder Trust Goldman Sachs U.S. Units Class A Goldman Sachs U.S. 1 09/02/2016 38 6.93 400 400 Income Builder Trust Income Builder Trust Goldman Sachs U.S. Units Class A Goldman Sachs U.S. 1 09/02/2016 38 6.93 0 -400 Income Builder Trust Income Builder Trust Goldman Sachs U.S. Units Class A Goldman Sachs U.S. 1 11/02/2016 38 6.9 3,000 3,000 Income Builder Trust Income Builder Trust Goldman Sachs U.S. Units Class A Goldman Sachs U.S. 1 11/02/2016 38 6.9 0 -3,000 Income Builder Trust Income Builder Trust Goldman Sachs U.S. Units Class A Goldman Sachs U.S. 1 12/02/2016 38 6.8 2,600 2,600 Income Builder Trust Income Builder Trust Goldman Sachs U.S. Units Class A Goldman Sachs U.S. 1 12/02/2016 38 6.8 0 -2,600 Income Builder Trust Income Builder Trust Goldman Sachs U.S. Units Class A Goldman Sachs U.S. 1 17/02/2016 38 7 3,000 3,000 Income Builder Trust Income Builder Trust Goldman Sachs U.S. Units Class A Goldman Sachs U.S. 1 17/02/2016 38 7 0 -3,000 Income Builder Trust Income Builder Trust Goldman Sachs U.S. Units Class A Goldman Sachs U.S. 1 18/02/2016 38 6.9 3,000 3,000 Income Builder Trust Income Builder Trust Goldman Sachs U.S. Units Class A Goldman Sachs U.S. 1 18/02/2016 38 6.9 0 -3,000 Income Builder Trust Income Builder Trust Goldman Sachs U.S. Units Class A Goldman Sachs U.S. 1 18/02/2016 38 6.75 3,000 3,000 Income Builder Trust Income Builder Trust Goldman Sachs U.S. Units Class A Goldman Sachs U.S. 1 18/02/2016 38 6.75 0 -3,000 Income Builder Trust Income Builder Trust Goldman Sachs U.S. Units Class A Goldman Sachs U.S. 1 19/02/2016 38 6.74 400 400 Income Builder Trust Income Builder Trust Goldman Sachs U.S. Units Class A Goldman Sachs U.S. 1 19/02/2016 38 6.74 0 -400 Income Builder Trust Income Builder Trust Goldman Sachs U.S. Units Class A Goldman Sachs U.S. 1 23/02/2016 38 6.9 3,000 3,000 Income Builder Trust Income Builder Trust Goldman Sachs U.S. Units Class A Goldman Sachs U.S. 1 23/02/2016 38 6.9 0 -3,000 Income Builder Trust Income Builder Trust Goldman Sachs U.S. Units Class A Goldman Sachs U.S. 1 24/02/2016 38 6.95 3,000 3,000 Income Builder Trust Income Builder Trust Goldman Sachs U.S. Units Class A Goldman Sachs U.S. 1 24/02/2016 38 6.95 0 -3,000 Income Builder Trust Income Builder Trust Goldman Sachs U.S. Units Class A Goldman Sachs U.S. 1 24/02/2016 38 6.8 3,000 3,000 Income Builder Trust Income Builder Trust Goldman Sachs U.S. Units Class A Goldman Sachs U.S. 1 24/02/2016 38 6.8 0 -3,000 Income Builder Trust Income Builder Trust Goldman Sachs U.S. Units Class A Goldman Sachs U.S. 1 25/02/2016 38 6.93 3,000 3,000 Income Builder Trust Income Builder Trust Goldman Sachs U.S. Units Class A Goldman Sachs U.S. 1 25/02/2016 38 6.93 0 -3,000 Income Builder Trust Income Builder Trust GoldMoney Inc. Options Millington, Katy Boo 5 23/10/2015 00 (formerly BitGold Inc.) GoldMoney Inc. Options Millington, Katy Boo 5 03/03/2016 50 26,000 26,000 (formerly BitGold Inc.) Gowest Gold Ltd. Common Shares Elliott, C. Fraser 4 03/03/2016 46 0.1 14,935,425 250,000

March 17, 2016 (2016), 39 OSCB 2561

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Gowest Gold Ltd. Options Elliott, C. Fraser 4 25/02/2016 52 0.325 1,575,000 -400,000 Gowest Gold Ltd. Common Shares Frostiak, John 4 03/03/2016 46 0.1 388,332 250,000 William Gowest Gold Ltd. Options O’Donnell, Janet 5 25/02/2016 52 0.325 1,400,000 -200,000 Lynn Gowest Gold Ltd. Common Shares Phillips, Larry 4 03/03/2016 46 0.1 819,642 250,000 Gowest Gold Ltd. Common Shares Quintiliani, Peter 4 03/03/2016 46 0.1 5,451,339 250,000 Gowest Gold Ltd. Options Romain, Gregory 4, 5 25/02/2016 52 0.325 2,245,000 -300,000 James Gowest Gold Ltd. Common Shares Wu, Yungang 4 03/03/2016 46 0.1 156,250 156,250 Gowest Gold Ltd. Common Shares Yuan, Meirong 4 07/11/2014 00 Gowest Gold Ltd. Common Shares Yuan, Meirong 4 03/03/2016 46 0.1 156,250 156,250 Gran Colombia Gold Common Shares Iacono, Serafino 3, 4, 08/03/2016 90 16,600,998 51,380 Corp. 6, 5 Gran Colombia Gold Common Shares Iacono, Serafino 3, 4, 08/03/2016 90 0 -51,380 Corp. 6, 5 Gran Tierra Energy Inc. Options CORAL, ADRIAN 5 02/03/2016 50 2.66 189,077 17,900 Gran Tierra Energy Inc. Options CORAL, ADRIAN 5 03/03/2016 50 2.66 17,900 Gran Tierra Energy Inc. Rights Performance CORAL, ADRIAN 5 01/08/2014 00 Stock Units Gran Tierra Energy Inc. Rights Performance CORAL, ADRIAN 5 02/03/2016 56 29,400 29,400 Stock Units Gran Tierra Energy Inc. Rights Performance CORAL, ADRIAN 5 03/03/2016 56 29,400 Stock Units Gran Tierra Energy Inc. Options Ellson, Ryan Paul 5 02/03/2016 50 2.66 488,000 138,000 Gran Tierra Energy Inc. Options Ellson, Ryan Paul 5 03/03/2016 50 2.66 138,000 Gran Tierra Energy Inc. Rights Performance Ellson, Ryan Paul 5 12/05/2015 00 Stock Units Gran Tierra Energy Inc. Rights Performance Ellson, Ryan Paul 5 02/03/2016 56 226,600 226,600 Stock Units Gran Tierra Energy Inc. Rights Performance Ellson, Ryan Paul 5 03/03/2016 56 226,600 Stock Units Gran Tierra Energy Inc. Options Evans, Jim Randall 5 02/03/2016 50 2.66 281,600 81,600 Gran Tierra Energy Inc. Options Evans, Jim Randall 5 03/03/2016 50 2.66 81,600 Gran Tierra Energy Inc. Rights Performance Evans, Jim Randall 5 12/05/2015 00 Stock Units Gran Tierra Energy Inc. Rights Performance Evans, Jim Randall 5 02/03/2016 56 134,000 134,000 Stock Units Gran Tierra Energy Inc. Rights Performance Evans, Jim Randall 5 03/03/2016 56 134,000 Stock Units Gran Tierra Energy Inc. Options Guidry, Gary 4, 5 02/03/2016 50 2.66 790,500 190,500 Stephen Gran Tierra Energy Inc. Options Guidry, Gary 4, 5 03/03/2016 50 2.66 190,500 Stephen Gran Tierra Energy Inc. Rights Performance Guidry, Gary 4, 5 12/05/2015 00 Stock Units Stephen Gran Tierra Energy Inc. Rights Performance Guidry, Gary 4, 5 02/03/2016 56 312,800 312,800 Stock Units Stephen Gran Tierra Energy Inc. Rights Performance Guidry, Gary 4, 5 03/03/2016 56 312,800 Stock Units Stephen Gran Tierra Energy Inc. Options HARDY, DAVID 5 02/03/2016 50 2.66 757,300 87,300 ELDON Gran Tierra Energy Inc. Options HARDY, DAVID 5 03/03/2016 50 2.66 87,300 ELDON Gran Tierra Energy Inc. Rights Performance HARDY, DAVID 5 01/03/2010 00 Stock Units ELDON Gran Tierra Energy Inc. Rights Performance HARDY, DAVID 5 02/03/2016 56 143,500 143,500 Stock Units ELDON Gran Tierra Energy Inc. Rights Performance HARDY, DAVID 5 03/03/2016 56 143,500 Stock Units ELDON Gran Tierra Energy Inc. Options Johnson, Alan Martin 5 02/03/2016 50 2.66 281,600 81,600 Gran Tierra Energy Inc. Options Johnson, Alan Martin 5 03/03/2016 50 2.66 81,600 Gran Tierra Energy Inc. Rights Performance Johnson, Alan Martin 5 12/05/2015 00 Stock Units

March 17, 2016 (2016), 39 OSCB 2562

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Gran Tierra Energy Inc. Rights Performance Johnson, Alan Martin 5 02/03/2016 56 134,000 134,000 Stock Units Gran Tierra Energy Inc. Rights Performance Johnson, Alan Martin 5 03/03/2016 56 134,000 Stock Units Gran Tierra Energy Inc. Options WEST, LAWRENCE 5 02/03/2016 50 2.66 281,600 81,600 Gran Tierra Energy Inc. Options WEST, LAWRENCE 5 03/03/2016 50 2.66 81,600 Gran Tierra Energy Inc. Rights Performance WEST, LAWRENCE 5 12/05/2015 00 Stock Units Gran Tierra Energy Inc. Rights Performance WEST, LAWRENCE 5 02/03/2016 56 134,000 134,000 Stock Units Gran Tierra Energy Inc. Rights Performance WEST, LAWRENCE 5 03/03/2016 56 134,000 Stock Units Great-West Lifeco Inc. Common Shares Allison, Brian Robert 7 08/03/2016 10 35.06 36,914 -2,600 Greenland Resources Options Asper, Leonard 4 05/06/2014 00 Inc. Greenland Resources Options Asper, Leonard 4 28/04/2015 50 400,000 400,000 Inc. Greenland Resources Options Gupta, Reetu 3 16/10/2014 00 Inc. Greenland Resources Options Gupta, Reetu 3 28/04/2015 50 400,000 400,000 Inc. Greenland Resources Options Kofoed, Jesper 4, 5 05/06/2014 00 Inc. Greenland Resources Options Kofoed, Jesper 4, 5 28/04/2015 50 400,000 400,000 Inc. Greenland Resources Options Shiffman, Ruben 4, 5 09/06/2014 00 Inc. Greenland Resources Options Shiffman, Ruben 4, 5 28/04/2015 50 400,000 400,000 Inc. Greenland Resources Options Waddington, Dennis 5 24/07/2008 00 Inc. Howson Greenland Resources Options Waddington, Dennis 5 28/04/2015 50 0.2 100,000 100,000 Inc. Howson GSI Group Inc. Common Shares Buckley, Robert 5 08/03/2016 57 277,763 -18,079 GSI Group Inc. Common Shares Buckley, Robert 5 08/03/2016 57 295,842 18,079 GSI Group Inc. Common Shares Buckley, Robert 5 08/03/2016 10 13.31 289,975 -5,867 GSI Group Inc. Common Shares Chang, Peter 5 08/03/2016 57 48,714 -4,281 GSI Group Inc. Common Shares Chang, Peter 5 08/03/2016 57 52,995 4,281 GSI Group Inc. Common Shares Chang, Peter 5 08/03/2016 10 13.31 51,618 -1,377 GSI Group Inc. Common Shares Glastra, Matthijs 5 08/03/2016 57 80,866 -5,181 GSI Group Inc. Common Shares Glastra, Matthijs 5 08/03/2016 57 86,047 5,181 GSI Group Inc. Common Shares Glastra, Matthijs 5 08/03/2016 10 13.31 84,099 -1,948 GSI Group Inc. Common Shares Roush, John A 4, 5 08/03/2016 57 268,639 -37,220 GSI Group Inc. Common Shares Roush, John A 4, 5 08/03/2016 57 305,859 37,220 GSI Group Inc. Common Shares Roush, John A 4, 5 08/03/2016 10 13.31 288,347 -17,512 GTA Resources and Common Shares Duess, Robert L. 4, 5 07/03/2016 10 0.04 350,000 -125,000 Mining Inc. GTA Resources and Common Shares Duess, Robert L. 4, 5 08/03/2016 10 0.04 120,000 -230,000 Mining Inc. GTA Resources and Common Shares Duess, Robert L. 4, 5 09/03/2016 10 0.04 96,000 -24,000 Mining Inc. GTA Resources and Common Shares Duess, Robert L. 4, 5 09/03/2016 10 0.035 0 -96,000 Mining Inc. Guardian Capital Common Shares Guardian Capital 1 07/03/2016 10 17.75 140,000 140,000 Group Limited Group Limited Guardian Capital Common Shares Minic Investments 3 11/03/2016 36 2,034,930 -100,000 Group Limited Limited Guardian Capital Non-Voting Shares Minic Investments 3 11/03/2016 36 4,072,850 100,000 Group Limited Class A Limited Guyana Goldfields Inc. Common Shares Beatty, David 4 01/04/2014 10 2.47 0 -10,000 Malcolm H&R Finance Trust Units Froom, Larry 5 02/03/2016 10 18.67 24,903 3,000 H&R Finance Trust Units Froom, Larry 5 02/03/2016 10 18.6 26,903 2,000 H&R Finance Trust Units Hofstedter, Thomas 4 31/12/2015 30 20.14 993,814 5,264 J.

March 17, 2016 (2016), 39 OSCB 2563

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed H&R Finance Trust Units Hofstedter, Thomas 4 31/12/2012 30 23.36 2,232,674 56,774 J. H&R Finance Trust Units Hofstedter, Thomas 4 31/12/2015 30 20.14 2,296,588 15,606 J. H&R Finance Trust Units Hofstedter, Thomas 4 02/03/2016 10 18.668 2,321,588 25,000 J. H&R Finance Trust Units Hofstedter, Thomas 4 03/03/2016 10 18.834 2,346,588 25,000 J. H&R Finance Trust Units Hofstedter, Thomas 4 31/12/2015 30 21.43 123,583 7,583 J. H&R Real Estate Units Froom, Larry 5 02/03/2016 10 18.67 24,903 3,000 Investment Trust H&R Real Estate Units Froom, Larry 5 02/03/2016 10 18.6 26,903 2,000 Investment Trust H&R Real Estate Units Gilbert, Edward Allen 4 03/03/2016 10 18.83 47,040 1,040 Investment Trust H&R Real Estate Units Gilbert, Edward Allen 4 03/03/2016 10 18.832 75,027 1,750 Investment Trust H&R Real Estate Units Hofstedter, Thomas 4, 5 31/12/2015 30 20.14 993,814 5,264 Investment Trust J. H&R Real Estate Units Hofstedter, Thomas 4, 5 31/12/2015 30 20.14 2,296,588 15,606 Investment Trust J. H&R Real Estate Units Hofstedter, Thomas 4, 5 02/03/2016 10 18.668 2,321,588 25,000 Investment Trust J. H&R Real Estate Units Hofstedter, Thomas 4, 5 03/03/2016 10 18.834 2,346,588 25,000 Investment Trust J. H&R Real Estate Units Hofstedter, Thomas 4, 5 31/12/2015 30 21.43 123,583 7,583 Investment Trust J. H&R Real Estate Units Rutman, Ronald C. 4 04/03/2016 10 19.156 1,165,021 20,000 Investment Trust Halogen Software Inc. Options Brûlé, Marc Germain 5 08/03/2016 50 7.01 78,334 10,000 Halogen Software Inc. Restricted Share Graham, Eric John 5 20/03/2014 00 Units Halogen Software Inc. Restricted Share Graham, Eric John 5 08/03/2016 56 1,900 1,900 Units Halogen Software Inc. Common Shares Halogen Software 1 01/02/2016 38 6.94 1,900 1,900 Inc. Halogen Software Inc. Common Shares Halogen Software 1 01/02/2016 38 6.9 3,100 1,200 Inc. Halogen Software Inc. Common Shares Halogen Software 1 02/02/2016 38 6.85 4,100 1,000 Inc. Halogen Software Inc. Common Shares Halogen Software 1 02/02/2016 38 6.9 7,900 3,800 Inc. Halogen Software Inc. Common Shares Halogen Software 1 03/02/2016 38 6.9 9,900 2,000 Inc. Halogen Software Inc. Common Shares Halogen Software 1 04/02/2016 38 6.95 12,900 3,000 Inc. Halogen Software Inc. Common Shares Halogen Software 1 05/02/2016 38 6.95 19,700 6,800 Inc. Halogen Software Inc. Common Shares Halogen Software 1 08/02/2016 38 6.9 24,000 4,300 Inc. Halogen Software Inc. Common Shares Halogen Software 1 10/02/2016 38 6.89 24,200 200 Inc. Halogen Software Inc. Common Shares Halogen Software 1 10/02/2016 38 6.9 28,900 4,700 Inc. Halogen Software Inc. Common Shares Halogen Software 1 11/02/2016 38 6.9 31,600 2,700 Inc. Halogen Software Inc. Common Shares Halogen Software 1 11/02/2016 38 6.95 34,600 3,000 Inc. Halogen Software Inc. Common Shares Halogen Software 1 12/02/2016 38 6.95 34,900 300 Inc. Halogen Software Inc. Common Shares Halogen Software 1 12/02/2016 38 7 37,900 3,000 Inc. Halogen Software Inc. Common Shares Halogen Software 1 12/02/2016 38 7.04 39,900 2,000 Inc. Halogen Software Inc. Common Shares Halogen Software 1 17/02/2016 38 6.98 43,100 3,200 Inc.

March 17, 2016 (2016), 39 OSCB 2564

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Halogen Software Inc. Common Shares Halogen Software 1 17/02/2016 38 6.99 44,100 1,000 Inc. Halogen Software Inc. Common Shares Halogen Software 1 17/02/2016 38 7 46,700 2,600 Inc. Halogen Software Inc. Common Shares Halogen Software 1 18/02/2016 38 6.98 49,500 2,800 Inc. Halogen Software Inc. Common Shares Halogen Software 1 19/02/2016 38 7 54,400 4,900 Inc. Halogen Software Inc. Common Shares Halogen Software 1 22/02/2016 38 7 59,900 5,500 Inc. Halogen Software Inc. Common Shares Halogen Software 1 23/02/2016 38 6.9 61,900 2,000 Inc. Halogen Software Inc. Common Shares Halogen Software 1 23/02/2016 38 6.95 65,600 3,700 Inc. Halogen Software Inc. Common Shares Halogen Software 1 24/02/2016 38 6.95 69,900 4,300 Inc. Halogen Software Inc. Common Shares Halogen Software 1 25/02/2016 38 7 70,600 700 Inc. Halogen Software Inc. Common Shares Halogen Software 1 25/02/2016 38 7.08 71,600 1,000 Inc. Halogen Software Inc. Common Shares Halogen Software 1 26/02/2016 38 7 72,700 1,100 Inc. Halogen Software Inc. Common Shares Halogen Software 1 26/02/2016 38 7.02 1,100 Inc. Halogen Software Inc. Common Shares Halogen Software 1 26/02/2016 38 7.02 1,100 Inc. Halogen Software Inc. Common Shares Halogen Software 1 26/02/2016 38 7.05 73,700 1,000 Inc. Halogen Software Inc. Common Shares Halogen Software 1 26/02/2016 38 7.02 74,700 1,000 Inc. Halogen Software Inc. Common Shares Halogen Software 1 26/02/2016 38 7.1 76,200 1,500 Inc. Halogen Software Inc. Common Shares Halogen Software 1 29/02/2016 38 7.05 80,200 4,000 Inc. Halogen Software Inc. Common Shares Halogen Software 1 29/02/2016 38 7.06 83,000 2,800 Inc. Halogen Software Inc. Common Shares Halogen Software 1 29/02/2016 38 0 -83,000 Inc. Halogen Software Inc. Options Harrison, Marc Albert 5 08/03/2016 50 7.01 70,000 30,000 Halogen Software Inc. Options Hawkins, John 5 08/03/2016 50 7.01 61,334 30,000 Donald Halogen Software Inc. Options Jones, Dominique 5 08/03/2016 50 7.01 63,000 20,000 Claude Halogen Software Inc. Options Low, Peter John 5 08/03/2016 50 7.01 203,334 40,000 Halogen Software Inc. Options Stewart, Michael Gill 5 08/03/2016 50 7.01 40,000 15,000 Halogen Software Inc. Options WILLIAMS, KAREN 5 08/03/2016 50 7.01 110,000 60,000 ANN Hammond Power Options Plan July Baldwin, Douglas 4 10/03/2016 50 65,000 10,000 Solutions Inc. 22 2005 Hammond Power Options Plan July Davis, Jay Alexander 5 10/03/2016 50 40,000 30,000 Solutions Inc. 22 2005 Hammond Power Options Plan July FitzGibbon, David 4 10/03/2016 50 50,000 10,000 Solutions Inc. 22 2005 Joseph Hammond Power Options Plan July GRANOVSKY, 4 10/03/2016 50 40,000 10,000 Solutions Inc. 22 2005 DAHRA Hammond Power Options Plan July HAMMOND, BILL 6 10/03/2016 50 204,500 30,000 Solutions Inc. 22 2005 Hammond Power Options Plan July HUETHER, CHRIS 5 10/03/2016 50 192,000 30,000 Solutions Inc. 22 2005 Hammond Power Options Plan July Jaques, Frederick 4 10/03/2016 50 15,000 10,000 Solutions Inc. 22 2005 Maurice Hammond Power Options Plan July MACADAM, DON 4 10/03/2016 50 70,000 10,000 Solutions Inc. 22 2005 Hammond Power Options Plan July Robinson, Grant 4 10/03/2016 50 75,000 10,000 Solutions Inc. 22 2005 Cameron Hammond Power Options Plan July Waterman, Richard 4 10/03/2016 50 15,000 10,000 Solutions Inc. 22 2005 Stanley

March 17, 2016 (2016), 39 OSCB 2565

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Hatch Interactive Common Shares Naughty, Blair 5 04/03/2016 16 0.05 1,838,400 600,000 Technologies Lawrence Corporation Hatch Interactive Common Shares Naughty, Blair 5 09/03/2016 10 0.06 31,500 -300,000 Technologies Lawrence Corporation Hatch Interactive Common Shares Naughty, Blair 5 07/03/2016 10 0.06 13,369,332 -95,000 Technologies Lawrence Corporation Hatch Interactive Common Shares Naughty, Blair 5 09/03/2016 10 0.06 12,644,332 -725,000 Technologies Lawrence Corporation Hatch Interactive Warrants Naughty, Blair 5 08/09/2015 00 Technologies Lawrence Corporation Hatch Interactive Warrants Naughty, Blair 5 04/03/2016 16 0.1 300,000 300,000 Technologies Lawrence Corporation Heroux-Devtek Inc. Common Shares ROBILLARD, Michel 5 08/03/2016 10 13.265 322 -1,324 Heroux-Devtek Inc. Options ROBILLARD, Michel 5 08/03/2016 51 1.31 17,000 -1,400 Heroux-Devtek Inc. Options ROBILLARD, Michel 5 08/03/2016 51 3.01 15,000 -2,000 High Arctic Energy Common Shares High Arctic Energy 1 17/01/2016 38 3.0593 12,100 Services Inc. Services Inc., High Arctic Energy Services Inc. High Arctic Energy Common Shares High Arctic Energy 1 17/01/2016 38 3.0593 12,100 Services Inc. Services Inc., High Arctic Energy Services Inc. High Arctic Energy Common Shares High Arctic Energy 1 29/01/2016 38 3.2014 17,000 Services Inc. Services Inc., High Arctic Energy Services Inc. High Arctic Energy Common Shares High Arctic Energy 1 29/01/2016 38 3.2014 47,200 17,100 Services Inc. Services Inc., High Arctic Energy Services Inc. High Arctic Energy Common Shares High Arctic Energy 1 02/02/2016 38 3.2323 53,400 6,200 Services Inc. Services Inc., High Arctic Energy Services Inc. High Arctic Energy Common Shares High Arctic Energy 1 03/02/2016 38 3.33 70,500 17,100 Services Inc. Services Inc., High Arctic Energy Services Inc. High Arctic Energy Common Shares High Arctic Energy 1 04/02/2016 38 3.4191 87,600 17,100 Services Inc. Services Inc., High Arctic Energy Services Inc. High Arctic Energy Common Shares High Arctic Energy 1 05/02/2016 38 34,200 -53,400 Services Inc. Services Inc., High Arctic Energy Services Inc. High Arctic Energy Common Shares High Arctic Energy 1 05/02/2016 38 3.338 51,300 17,100 Services Inc. Services Inc., High Arctic Energy Services Inc. High Arctic Energy Common Shares High Arctic Energy 1 08/02/2016 38 3.3294 65,400 14,100 Services Inc. Services Inc., High Arctic Energy Services Inc. High Arctic Energy Common Shares High Arctic Energy 1 09/02/2016 38 3.3046 82,500 17,100 Services Inc. Services Inc., High Arctic Energy Services Inc. High Arctic Energy Common Shares High Arctic Energy 1 10/02/2016 38 3.2313 99,600 17,100 Services Inc. Services Inc., High Arctic Energy Services Inc.

March 17, 2016 (2016), 39 OSCB 2566

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed High Arctic Energy Common Shares High Arctic Energy 1 11/02/2016 38 3.124 111,700 12,100 Services Inc. Services Inc., High Arctic Energy Services Inc. High Arctic Energy Common Shares High Arctic Energy 1 12/02/2016 38 60,400 -51,300 Services Inc. Services Inc., High Arctic Energy Services Inc. High Arctic Energy Common Shares High Arctic Energy 1 12/02/2016 38 3.0552 77,500 17,100 Services Inc. Services Inc., High Arctic Energy Services Inc. High Arctic Energy Common Shares High Arctic Energy 1 16/02/2016 38 3.0681 94,600 17,100 Services Inc. Services Inc., High Arctic Energy Services Inc. High Arctic Energy Common Shares High Arctic Energy 1 17/02/2016 38 3.0593 106,700 12,100 Services Inc. Services Inc., High Arctic Energy Services Inc. High Arctic Energy Common Shares High Arctic Energy 1 18/02/2016 38 3.0554 123,800 17,100 Services Inc. Services Inc., High Arctic Energy Services Inc. High Arctic Energy Common Shares High Arctic Energy 1 19/02/2016 38 29,200 -94,600 Services Inc. Services Inc., High Arctic Energy Services Inc. High Arctic Energy Common Shares High Arctic Energy 1 19/02/2016 38 3.0122 46,300 17,100 Services Inc. Services Inc., High Arctic Energy Services Inc. High Arctic Energy Common Shares High Arctic Energy 1 22/02/2016 38 3.06 56,300 10,000 Services Inc. Services Inc., High Arctic Energy Services Inc. High Arctic Energy Common Shares High Arctic Energy 1 23/02/2016 38 3.0301 73,400 17,100 Services Inc. Services Inc., High Arctic Energy Services Inc. High Arctic Energy Common Shares High Arctic Energy 1 24/02/2016 38 2.9708 74,700 1,300 Services Inc. Services Inc., High Arctic Energy Services Inc. High Arctic Energy Common Shares High Arctic Energy 1 25/02/2016 38 3.0053 91,800 17,100 Services Inc. Services Inc., High Arctic Energy Services Inc. High Arctic Energy Common Shares High Arctic Energy 1 26/02/2016 38 18,400 -73,400 Services Inc. Services Inc., High Arctic Energy Services Inc. High Arctic Energy Common Shares High Arctic Energy 1 26/02/2016 38 2.9997 27,200 8,800 Services Inc. Services Inc., High Arctic Energy Services Inc. High Arctic Energy Common Shares High Arctic Energy 1 29/02/2016 38 3.0082 40,000 12,800 Services Inc. Services Inc., High Arctic Energy Services Inc. High Arctic Energy Common Shares High Arctic Energy 1 01/03/2016 38 3.0133 55,000 15,000 Services Inc. Services Inc., High Arctic Energy Services Inc. High Arctic Energy Common Shares High Arctic Energy 1 04/03/2016 38 0 -55,000 Services Inc. Services Inc., High Arctic Energy Services Inc. High Liner Foods Common Shares Bell, Alan 4 08/03/2016 10 14.99 5,200 1,400 Incorporated High Liner Foods Options LeBlanc, Greg 5 10/03/2016 59 5.17 15,000 -3,000 Incorporated

March 17, 2016 (2016), 39 OSCB 2567

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Holloway Lodging Common Shares Holloway Lodging 1 09/02/2016 30 4.5 1,300 1,300 Corporation Corporation Holloway Lodging Common Shares Holloway Lodging 1 10/02/2016 30 4.5 2,600 1,300 Corporation Corporation Holloway Lodging Common Shares Holloway Lodging 1 11/02/2016 30 4.5 3,800 1,200 Corporation Corporation Home Capital Group Rights Performance Ahlvik, Christer 5 01/03/2016 35 33.18 2,281 16 Inc. Share Units Home Capital Group Rights Restricted Ahlvik, Christer 5 01/03/2016 35 33.18 1,518 7 Inc. Share Units Home Capital Group Rights Performance Blowes, Robert 4 01/03/2016 35 33.18 5,412 36 Inc. Share Units Home Capital Group Rights Restricted Blowes, Robert 4 01/03/2016 35 33.18 1,336 4 Inc. Share Units Home Capital Group Rights Performance Decina, Pino 5 01/03/2016 35 33.18 9,865 66 Inc. Share Units Home Capital Group Rights Restricted Decina, Pino 5 01/03/2016 35 33.18 2,253 6 Inc. Share Units Home Capital Group Rights Restricted Ferguson, Carol 5 01/03/2016 35 33.18 2,639 17 Inc. Share Units Home Capital Group Rights Performance Harry, John Roberts 5 01/03/2016 35 33.18 4,680 34 Inc. Share Units Komar Home Capital Group Rights Restricted Harry, John Roberts 5 01/03/2016 35 33.18 4,467 19 Inc. Share Units Komar Home Capital Group Rights Performance Henderson, Dinah 5 01/03/2016 35 33.18 2,983 21 Inc. Share Units Home Capital Group Rights Restricted Henderson, Dinah 5 01/03/2016 35 33.18 2,289 10 Inc. Share Units Home Capital Group Rights Restricted Holland, Marie 5 01/03/2016 35 33.18 3,345 22 Inc. Share Units Home Capital Group Rights Restricted Hong, John 5 01/03/2016 35 33.18 3,269 21 Inc. Share Units Home Capital Group Rights Restricted Katchen, Benjamin 5 01/03/2016 35 33.18 3,948 25 Inc. Share Units Home Capital Group Rights Performance Morton, Robert 7 01/03/2016 35 33.18 4,154 30 Inc. Share Units Home Capital Group Rights Performance Parker, Gregory 5 01/03/2016 35 33.18 4,388 32 Inc. Share Units Home Capital Group Rights Restricted Parker, Gregory 5 01/03/2016 35 33.18 3,410 15 Inc. Share Units Home Capital Group Rights Performance Rawhani, Fariba 5 01/03/2016 35 33.18 4,095 29 Inc. Share Units Home Capital Group Rights Restricted Rawhani, Fariba 5 01/03/2016 35 33.18 1,905 9 Inc. Share Units Home Capital Group Rights Performance Reid, Martin 5 01/03/2016 35 33.18 26,196 166 Inc. Share Units Home Capital Group Rights Restricted Reid, Martin 5 01/03/2016 35 33.18 6,121 19 Inc. Share Units Home Capital Group Rights Performance Soloway, Gerald M. 4, 5 01/03/2016 35 33.18 53,581 267 Inc. Share Units Home Capital Group Rights Restricted Soloway, Gerald M. 4, 5 01/03/2016 35 33.18 9,972 31 Inc. Share Units Home Capital Group Rights Performance Wilson, Gary 5 01/03/2016 35 33.18 1,404 10 Inc. Share Units HOUSTON LAKE Common Shares Barker, Bruce 4 04/03/2016 10 0.18 2,544,129 10,000 MINING INC. HOUSTON LAKE Common Shares Walker, Trevor 5 04/03/2016 10 0.17 728,036 9,000 MINING INC. HOUSTON LAKE Common Shares Walker, Trevor 5 10/03/2016 10 0.215 738,036 10,000 MINING INC. HOUSTON LAKE Common Shares Walker, Trevor 5 10/03/2016 10 0.225 740,036 2,000 MINING INC. HOUSTON LAKE Common Shares Walker, Trevor 5 11/03/2016 10 0.215 744,536 4,500 MINING INC. HOUSTON LAKE Common Shares Walker, Trevor 5 11/03/2016 10 0.22 747,536 3,000 MINING INC.

March 17, 2016 (2016), 39 OSCB 2568

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed HudBay Minerals Inc. Rights Share Units Bryson, David 5 03/03/2016 56 306,283 195,401 Stewart HudBay Minerals Inc. Rights Share Units Caba, Eric Edward 5 03/03/2016 56 58,696 45,963 HudBay Minerals Inc. Rights Share Units Clarry, David Gordon 5 03/03/2016 56 95,177 61,938 Cameron HudBay Minerals Inc. Rights Share Units Donnelly, Patrick 5 03/03/2016 56 122,146 81,161 James HudBay Minerals Inc. Rights Share Units Douglas, Jon 5 15/01/2015 00 Alexander HudBay Minerals Inc. Rights Share Units Douglas, Jon 5 03/03/2016 56 80,069 80,069 Alexander HudBay Minerals Inc. Rights Share Units Dryden, Gregory 7 03/03/2016 56 65,758 43,607 Paul HudBay Minerals Inc. Rights Share Units GITAJN, 5 02/03/2015 00 ELIZABETH DOROTHA HudBay Minerals Inc. Rights Share Units GITAJN, 5 03/03/2016 56 55,280 55,280 ELIZABETH DOROTHA HudBay Minerals Inc. Rights Share Units Hair, Alan Thomas 4, 5 03/03/2016 56 369,295 255,993 Chalmers HudBay Minerals Inc. Rights Share Units Lei, Eugene Chi-Yen 5 03/03/2016 56 98,140 67,709 HudBay Minerals Inc. Rights Share Units Linde, Terry Brian 5 03/03/2016 56 158,593 113,429 HudBay Minerals Inc. Rights Share Units Meagher, Cashel 5 03/03/2016 56 177,244 123,507 Aran HudBay Minerals Inc. Rights Share Units Merrin, Patrick 5 03/03/2016 56 147,577 106,509 James HudBay Minerals Inc. Rights Share Units Oke, Mary-Lynn Ida 5 03/03/2016 56 92,626 62,999 HudBay Minerals Inc. Rights Share Units Winton, Robert 5 03/03/2016 56 108,958 82,267 Maurice Hydrogenics Common Shares Commscope, Inc. of 3 07/03/2016 10 8.27 1,331,823 -300 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 07/03/2016 10 8.29 1,330,923 -900 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 07/03/2016 10 8.31 1,330,723 -200 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 07/03/2016 10 8.32 1,330,711 -12 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 07/03/2016 10 8.33 1,330,689 -22 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 07/03/2016 10 8.35 1,330,330 -359 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 07/03/2016 10 8.41 1,330,307 -23 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 07/03/2016 10 8.415 1,330,207 -100 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 07/03/2016 10 8.42 1,330,107 -100 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 07/03/2016 10 8.44 1,330,007 -100 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 07/03/2016 10 8.45 1,329,807 -200 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 07/03/2016 10 8.46 1,329,282 -525 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 07/03/2016 10 8.47 1,329,082 -200 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 07/03/2016 10 8.48 1,328,882 -200 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 07/03/2016 10 8.5 1,328,869 -13 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 07/03/2016 10 8.52 1,328,669 -200 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 07/03/2016 10 8.53 1,328,469 -200 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 07/03/2016 10 8.54 1,328,269 -200 Corporation North Carolina

March 17, 2016 (2016), 39 OSCB 2569

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Hydrogenics Common Shares Commscope, Inc. of 3 07/03/2016 10 8.57 1,328,169 -100 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 07/03/2016 10 8.63 1,328,069 -100 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 08/03/2016 10 8.4 1,327,771 -298 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 08/03/2016 10 8.41 1,326,313 -1,458 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 08/03/2016 10 8.42 1,325,612 -701 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 08/03/2016 10 8.425 1,325,312 -300 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 08/03/2016 10 8.43 1,323,792 -1,520 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 08/03/2016 10 8.44 1,323,112 -680 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 08/03/2016 10 8.435 1,322,912 -200 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 08/03/2016 10 8.445 1,322,812 -100 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 08/03/2016 10 8.45 1,322,512 -300 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 08/03/2016 10 8.49 1,322,412 -100 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 08/03/2016 10 8.48 1,322,012 -400 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 08/03/2016 10 8.53 1,321,812 -200 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 08/03/2016 10 8.56 1,321,766 -46 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 09/03/2016 10 8 1,319,364 -2,402 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 09/03/2016 10 8.01 1,319,264 -100 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 09/03/2016 10 8.02 1,319,064 -200 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 09/03/2016 10 8.03 1,319,054 -10 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 09/03/2016 10 8.04 1,318,254 -800 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 09/03/2016 10 8.05 1,318,154 -100 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 09/03/2016 10 8.07 1,318,054 -100 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 09/03/2016 10 8.075 1,317,954 -100 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 09/03/2016 10 8.1 1,317,854 -100 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 09/03/2016 10 8.12 1,317,654 -200 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 09/03/2016 10 8.11 1,317,644 -10 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 09/03/2016 10 8.14 1,317,622 -22 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 09/03/2016 10 8.15 1,317,322 -300 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 09/03/2016 10 8.2 1,316,822 -500 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 09/03/2016 10 8.22 1,316,817 -5 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 09/03/2016 10 8.21 1,316,617 -200 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 09/03/2016 10 8.23 1,316,474 -143 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 09/03/2016 10 8.24 1,316,074 -400 Corporation North Carolina

March 17, 2016 (2016), 39 OSCB 2570

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Hydrogenics Common Shares Commscope, Inc. of 3 09/03/2016 10 8.25 1,315,974 -100 Corporation North Carolina Hydrogenics Common Shares Commscope, Inc. of 3 10/03/2016 10 8.07 1,315,674 -300 Corporation North Carolina IBI Group Inc. Options Stock Barbosa, James 4 03/03/2016 00 Option Plan IBI Group Inc. Options Stock Barbosa, James 4 04/03/2016 50 5,000 5,000 Option Plan IBI Group Inc. Options Stock Bebenek, Kevin L. 6 01/01/2011 00 Option Plan IBI Group Inc. Options Stock Bebenek, Kevin L. 6 04/03/2016 50 15,000 15,000 Option Plan IBI Group Inc. Rights Deferred Bird, Jane Marie 4 31/12/2015 46 2.21 33,282 4,298 Unit IBI Group Inc. Options Stock Bruckner, Martin 4 03/03/2016 00 Option Plan IBI Group Inc. Options Stock Bruckner, Martin 4 04/03/2016 50 15,000 15,000 Option Plan IBI Group Inc. Options Stock Byrne, John 7 18/05/2012 00 Option Plan IBI Group Inc. Options Stock Byrne, John 7 04/03/2016 50 7,500 7,500 Option Plan IBI Group Inc. Options Stock Chow, David 7 01/01/2013 00 Option Plan IBI Group Inc. Options Stock Chow, David 7 04/03/2016 50 10,000 10,000 Option Plan IBI Group Inc. Options Stock Corby, Michael 4 03/03/2016 00 Option Plan IBI Group Inc. Options Stock Corby, Michael 4 04/03/2016 50 5,000 5,000 Option Plan IBI Group Inc. Options Stock Cunningham, 4 03/03/2016 00 Option Plan Matthew IBI Group Inc. Options Stock Cunningham, 4 04/03/2016 50 15,000 15,000 Option Plan Matthew IBI Group Inc. Options Stock Darda, Deepak 4 03/03/2016 00 Option Plan IBI Group Inc. Options Stock Darda, Deepak 4 04/03/2016 50 5,000 5,000 Option Plan IBI Group Inc. Options Stock Eagleston, Ronald 4 03/03/2016 00 Option Plan IBI Group Inc. Options Stock Eagleston, Ronald 4 04/03/2016 50 7,500 7,500 Option Plan IBI Group Inc. Options Stock Finley, Charles 5 03/03/2016 00 Option Plan IBI Group Inc. Options Stock Finley, Charles 5 04/03/2016 50 5,000 5,000 Option Plan IBI Group Inc. Options Stock French, Mark 4 03/03/2016 00 Option Plan IBI Group Inc. Options Stock French, Mark 4 04/03/2016 50 7,500 7,500 Option Plan IBI Group Inc. Options Stock Gill, Tony 4 03/03/2016 00 Option Plan IBI Group Inc. Options Stock Gill, Tony 4 04/03/2016 50 7,500 7,500 Option Plan IBI Group Inc. Options Stock Hewes, Anthony 4 03/03/2016 00 Option Plan Paul IBI Group Inc. Options Stock Hewes, Anthony 4 04/03/2016 50 2,500 2,500 Option Plan Paul IBI Group Inc. Options Stock Hoang, Charlie 4 03/03/2016 00 Option Plan IBI Group Inc. Options Stock Hoang, Charlie 4 04/03/2016 50 5,000 5,000 Option Plan IBI Group Inc. Options Stock Hoisington, Todd 4 03/03/2016 00 Option Plan IBI Group Inc. Options Stock Hoisington, Todd 4 04/03/2016 50 5,000 5,000 Option Plan

March 17, 2016 (2016), 39 OSCB 2571

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed IBI Group Inc. Options Stock Hum, Kai 4 03/03/2016 00 Option Plan IBI Group Inc. Options Stock Hum, Kai 4 04/03/2016 50 5,000 5,000 Option Plan IBI Group Inc. Options Stock Jacob, Audrey 4 03/03/2016 00 Option Plan IBI Group Inc. Options Stock Jacob, Audrey 4 04/03/2016 50 10,000 10,000 Option Plan IBI Group Inc. Options Stock Johnson, Mel 7 15/05/2012 00 Option Plan IBI Group Inc. Options Stock Johnson, Mel 7 04/03/2016 50 5,000 5,000 Option Plan IBI Group Inc. Options Stock Karpovich, Elvin 4 03/03/2016 00 Option Plan IBI Group Inc. Options Stock Karpovich, Elvin 4 04/03/2016 50 5,000 5,000 Option Plan IBI Group Inc. Options Stock Kazerouni, Mansoor 4 03/03/2016 00 Option Plan IBI Group Inc. Options Stock Kazerouni, Mansoor 4 04/03/2016 50 10,000 10,000 Option Plan IBI Group Inc. Common Shares Kresak, Steven Ivan 5 02/09/2014 00 IBI Group Inc. Options Stock Kresak, Steven Ivan 5 02/09/2014 00 Option Plan IBI Group Inc. Options Stock Kresak, Steven Ivan 5 04/03/2016 53 10,000 10,000 Option Plan IBI Group Inc. Options Stock Lavallee, Paul 4 03/03/2016 00 Option Plan IBI Group Inc. Options Stock Lavallee, Paul 4 04/03/2016 50 5,000 5,000 Option Plan IBI Group Inc. Options Stock Lewin, Neil 4 03/03/2016 00 Option Plan IBI Group Inc. Options Stock Lewin, Neil 4 04/03/2016 50 2,500 2,500 Option Plan IBI Group Inc. Options Stock Mauti, Brent 4 03/03/2016 00 Option Plan IBI Group Inc. Options Stock Mauti, Brent 4 04/03/2016 50 5,000 5,000 Option Plan IBI Group Inc. Options Stock McIntyre, Trevor 4 03/03/2016 00 Option Plan IBI Group Inc. Options Stock McIntyre, Trevor 4 04/03/2016 50 10,000 10,000 Option Plan IBI Group Inc. Options Stock Moore, Peter 6 01/01/2011 00 Option Plan IBI Group Inc. Options Stock Moore, Peter 6 04/03/2016 50 30,000 30,000 Option Plan IBI Group Inc. Options Stock Mori, Bruce 6 29/06/2015 00 Option Plan IBI Group Inc. Options Stock Mori, Bruce 6 04/03/2016 50 5,000 5,000 Option Plan IBI Group Inc. Options Stock Mustafa, Fouad 4 03/03/2016 00 Option Plan IBI Group Inc. Options Stock Mustafa, Fouad 4 04/03/2016 50 15,000 15,000 Option Plan IBI Group Inc. Options Stock Mustafa, Mohammad 4 03/03/2016 00 Option Plan IBI Group Inc. Options Stock Mustafa, Mohammad 4 04/03/2016 50 12,500 12,500 Option Plan IBI Group Inc. Options Stock Pankiw, Michael 7 14/08/2012 00 Option Plan IBI Group Inc. Options Stock Pankiw, Michael 7 04/03/2016 50 15,000 15,000 Option Plan IBI Group Inc. Options Stock Peters, Bruno 4 03/03/2016 00 Option Plan IBI Group Inc. Options Stock Peters, Bruno 4 04/03/2016 50 5,000 5,000 Option Plan IBI Group Inc. Options Stock Piel, Carl-Henri 4 03/03/2016 00 Option Plan

March 17, 2016 (2016), 39 OSCB 2572

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed IBI Group Inc. Options Stock Piel, Carl-Henri 4 04/03/2016 50 7,500 7,500 Option Plan IBI Group Inc. Rights Deferred Pill, Juri 4 03/12/2015 46 2.21 71,905 8,936 Unit IBI Group Inc. Rights Deferred Richmond, Dale 4 31/12/2015 46 2.21 209,758 12,839 Unit Elson IBI Group Inc. Options Stock Ruiz, Karina 4 03/03/2016 00 Option Plan IBI Group Inc. Options Stock Ruiz, Karina 4 04/03/2016 50 5,000 5,000 Option Plan IBI Group Inc. Options Stock Sallaway, Keith 4 03/03/2016 00 Option Plan IBI Group Inc. Options Stock Sallaway, Keith 4 04/03/2016 50 5,000 5,000 Option Plan IBI Group Inc. Options Stock Schibuola, Steve 4 03/03/2016 00 Option Plan IBI Group Inc. Options Stock Schibuola, Steve 4 04/03/2016 50 5,000 5,000 Option Plan IBI Group Inc. Options Stock Scott, Graeme 7 01/02/2011 00 Option Plan Alexander IBI Group Inc. Options Stock Scott, Graeme 7 04/03/2016 50 2,500 2,500 Option Plan Alexander IBI Group Inc. Options Stock Shawcross, Stephen 4 03/03/2016 00 Option Plan IBI Group Inc. Options Stock Shawcross, Stephen 4 04/03/2016 50 5,000 5,000 Option Plan IBI Group Inc. Options Stock Sillberg, Jane 4 03/03/2016 00 Option Plan IBI Group Inc. Options Stock Sillberg, Jane 4 04/03/2016 50 10,000 10,000 Option Plan IBI Group Inc. Options Stock Sims, Derek 4 03/03/2016 00 Option Plan IBI Group Inc. Options Stock Sims, Derek 4 04/03/2016 50 15,000 15,000 Option Plan IBI Group Inc. Options Stock Stewart, Ron 4 03/03/2016 00 Option Plan IBI Group Inc. Options Stock Stewart, Ron 4 04/03/2016 50 10,000 10,000 Option Plan IBI Group Inc. Options Stock Stewart, Scott 4, 6 01/01/2011 00 Option Plan IBI Group Inc. Options Stock Stewart, Scott 4, 6 04/03/2016 50 125,000 125,000 Option Plan IBI Group Inc. Options Stock Taylor, Stephen 4, 1, 5 03/02/2014 00 Option Plan IBI Group Inc. Options Stock Taylor, Stephen 4, 1, 5 04/03/2016 50 35,000 35,000 Option Plan IBI Group Inc. Options Stock Thom, David 4 31/08/2004 00 Option Plan Maxwell IBI Group Inc. Options Stock Thom, David 4 04/03/2016 50 35,000 35,000 Option Plan Maxwell IBI Group Inc. Options Stock Wassermuhl, 4 03/03/2016 00 Option Plan Salomon IBI Group Inc. Options Stock Wassermuhl, 4 04/03/2016 50 10,000 10,000 Option Plan Salomon IBI Group Inc. Options Stock Zurawel, Peter 4 01/01/2011 00 Option Plan IBI Group Inc. Options Stock Zurawel, Peter 4 04/03/2016 50 5,000 5,000 Option Plan ICEsoft Technologies Common Shares Francis, Steven Mark 4 09/03/2016 16 0.2 261,954 25,000 Canada Corp.(formerly Stinton Exploration Ltd.) ICEsoft Technologies Warrants Francis, Steven Mark 4 09/03/2016 16 25,000 12,500 Canada Corp.(formerly Stinton Exploration Ltd.) IMAX Corporation Common Shares Campbell, Eileen 5 07/03/2016 57 8,275 2,122

March 17, 2016 (2016), 39 OSCB 2573

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed IMAX Corporation Common Shares Campbell, Eileen 5 07/03/2016 57 10,937 2,662 IMAX Corporation Common Shares Campbell, Eileen 5 10/03/2016 10 31.29 9,072 -1,865 IMAX Corporation Options 1:1 Campbell, Eileen 5 07/03/2016 50 31.85 66,362 18,962 IMAX Corporation Rights Restricted Campbell, Eileen 5 07/03/2016 57 28,709 -2,122 Share Unit IMAX Corporation Rights Restricted Campbell, Eileen 5 07/03/2016 57 26,047 -2,662 Share Unit IMAX Corporation Rights Restricted Campbell, Eileen 5 07/03/2016 56 41,354 15,307 Share Unit IMAX Corporation Common Shares Cripps, Andrew 5 07/03/2016 57 1,309 521 IMAX Corporation Common Shares Cripps, Andrew 5 07/03/2016 57 1,893 584 IMAX Corporation Common Shares Cripps, Andrew 5 07/03/2016 57 2,336 443 IMAX Corporation Common Shares Cripps, Andrew 5 08/03/2016 10 31.29 1,389 -947 IMAX Corporation Options 1:1 Cripps, Andrew 5 07/03/2016 50 31.85 346,879 21,879 IMAX Corporation Rights Restricted Cripps, Andrew 5 07/03/2016 57 4,713 -521 Share Unit IMAX Corporation Rights Restricted Cripps, Andrew 5 07/03/2016 57 4,129 -584 Share Unit IMAX Corporation Rights Restricted Cripps, Andrew 5 07/03/2016 57 3,686 -443 Share Unit IMAX Corporation Rights Restricted Cripps, Andrew 5 07/03/2016 56 21,347 17,661 Share Unit IMAX Corporation Common Shares Foster, Greg 5 07/03/2016 57 49,374 8,627 IMAX Corporation Common Shares Foster, Greg 5 07/03/2016 57 58,249 8,875 IMAX Corporation Common Shares Foster, Greg 5 08/03/2016 10 31.29 49,340 -8,909 IMAX Corporation Rights Restricted Foster, Greg 5 07/03/2016 57 61,869 -8,627 Share Unit IMAX Corporation Rights Restricted Foster, Greg 5 07/03/2016 57 52,994 -8,875 Share Unit IMAX Corporation Common Shares IMAX Corporation 1 02/03/2016 38 100,000 100,000 IMAX Corporation Common Shares IMAX Corporation 1 02/03/2016 38 0 -100,000 IMAX Corporation Common Shares IMAX Corporation 1 03/03/2016 38 100,000 100,000 IMAX Corporation Common Shares IMAX Corporation 1 03/03/2016 38 0 -100,000 IMAX Corporation Common Shares IMAX Corporation 1 04/03/2016 30 181,227 181,227 IMAX Corporation Common Shares IMAX Corporation 1 08/03/2016 38 281,227 100,000 IMAX Corporation Common Shares IMAX Corporation 1 08/03/2016 38 181,227 -100,000 IMAX Corporation Common Shares IMAX Corporation 1 09/03/2016 38 281,227 100,000 IMAX Corporation Common Shares IMAX Corporation 1 09/03/2016 38 181,227 -100,000 IMAX Corporation Common Shares IMAX Corporation 1 10/03/2016 30 0 -181,227 IMAX Corporation Common Shares Lister, Robert D. 5 01/03/2016 51 13.38 22,856 5,750 IMAX Corporation Common Shares Lister, Robert D. 5 01/03/2016 51 20.25 28,856 6,000 IMAX Corporation Common Shares Lister, Robert D. 5 01/03/2016 10 30.122 17,106 -11,750 IMAX Corporation Common Shares Lister, Robert D. 5 07/03/2016 57 23,319 6,213 IMAX Corporation Common Shares Lister, Robert D. 5 08/03/2016 10 31.29 19,917 -3,402 IMAX Corporation Options 1:1 Lister, Robert D. 5 01/03/2016 51 13.38 188,967 -5,750 IMAX Corporation Options 1:1 Lister, Robert D. 5 01/03/2016 51 20.25 182,967 -6,000 IMAX Corporation Options 1:1 Lister, Robert D. 5 07/03/2016 50 31.85 237,772 54,805 IMAX Corporation Rights Restricted Lister, Robert D. 5 07/03/2016 57 50,930 -6,213 Share Unit IMAX Corporation Rights Restricted Lister, Robert D. 5 07/03/2016 56 80,381 29,451 Share Unit IMAX Corporation Common Shares Ruby, G. Mary 5 07/03/2016 57 8,616 521 IMAX Corporation Common Shares Ruby, G. Mary 5 07/03/2016 57 9,394 778 IMAX Corporation Common Shares Ruby, G. Mary 5 07/03/2016 57 10,236 842 IMAX Corporation Common Shares Ruby, G. Mary 5 08/03/2016 10 31.29 9,028 -1,208 IMAX Corporation Options 1:1 Ruby, G. Mary 5 07/03/2016 50 31.85 71,720 3,501 IMAX Corporation Rights Restricted Ruby, G. Mary 5 07/03/2016 57 6,431 -521 Share Unit IMAX Corporation Rights Restricted Ruby, G. Mary 5 07/03/2016 57 5,653 -778 Share Unit IMAX Corporation Rights Restricted Ruby, G. Mary 5 07/03/2016 57 4,811 -842 Share Unit

March 17, 2016 (2016), 39 OSCB 2574

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed IMAX Corporation Rights Restricted Ruby, G. Mary 5 07/03/2016 56 7,637 2,826 Share Unit IMAX Corporation Common Shares Sparacio, Joseph 5 07/03/2016 57 16,572 4,687 IMAX Corporation Common Shares Sparacio, Joseph 5 07/03/2016 57 20,817 4,245 IMAX Corporation Common Shares Sparacio, Joseph 5 07/03/2016 57 23,701 2,884 IMAX Corporation Common Shares Sparacio, Joseph 5 08/03/2016 10 31.29 17,810 -5,891 IMAX Corporation Rights Restricted Sparacio, Joseph 5 07/03/2016 57 36,259 -4,687 Share Unit IMAX Corporation Rights Restricted Sparacio, Joseph 5 07/03/2016 57 32,014 -4,245 Share Unit IMAX Corporation Rights Restricted Sparacio, Joseph 5 07/03/2016 57 29,130 -2,884 Share Unit IMAX Corporation Common Shares Vance, Jeff 5 07/03/2016 57 1,980 842 IMAX Corporation Common Shares Vance, Jeff 5 07/03/2016 57 2,758 778 IMAX Corporation Common Shares Vance, Jeff 5 07/03/2016 57 3,279 521 IMAX Corporation Common Shares Vance, Jeff 5 08/03/2016 10 31.29 2,071 -1,208 IMAX Corporation Options 1:1 Vance, Jeff 5 07/03/2016 50 31.85 49,493 3,501 IMAX Corporation Rights Restricted Vance, Jeff 5 07/03/2016 57 8,735 -842 Share Unit IMAX Corporation Rights Restricted Vance, Jeff 5 07/03/2016 57 7,957 -778 Share Unit IMAX Corporation Rights Restricted Vance, Jeff 5 07/03/2016 57 7,436 -521 Share Unit IMAX Corporation Rights Restricted Vance, Jeff 5 07/03/2016 56 10,262 2,826 Share Unit IMAX Corporation Common Shares Welton, Mark 5 07/03/2016 57 10,763 4,687 IMAX Corporation Common Shares Welton, Mark 5 07/03/2016 57 15,008 4,245 IMAX Corporation Common Shares Welton, Mark 5 08/03/2016 10 31.29 9,969 -5,039 IMAX Corporation Options 1:1 Welton, Mark 5 07/03/2016 50 31.85 165,402 21,879 IMAX Corporation Rights Restricted Welton, Mark 5 07/03/2016 57 19,211 -4,687 Share Unit IMAX Corporation Rights Restricted Welton, Mark 5 07/03/2016 57 14,966 -4,245 Share Unit IMAX Corporation Rights Restricted Welton, Mark 5 07/03/2016 56 32,627 17,661 Share Unit Immunotec Inc. Common Shares Marshall, David 5 02/02/2016 97 0.32 16,581 (formerly Magistral Biotech Inc.) Immunotec Inc. Common Shares Marshall, David 5 02/02/2016 97 0.32 16,581 (formerly Magistral Biotech Inc.) Immunotec Inc. Common Shares Marshall, David 5 29/02/2016 00 16,581 (formerly Magistral Biotech Inc.) Immunotec Inc. Common Shares Pelletier, David 5 12/02/2013 50 0.3 25,000 (formerly Magistral Biotech Inc.) Immunotec Inc. Common Shares Pelletier, David 5 12/02/2013 50 0.3 25,000 (formerly Magistral Biotech Inc.) Immunotec Inc. Common Shares Pelletier, David 5 20/03/2015 97 0.28 16,917 (formerly Magistral Biotech Inc.) Immunotec Inc. Common Shares Pelletier, David 5 20/03/2015 97 0.28 16,917 (formerly Magistral Biotech Inc.) Immunotec Inc. Common Shares Pelletier, David 5 17/06/2015 50 0.3 50,000 (formerly Magistral Biotech Inc.) Immunotec Inc. Common Shares Pelletier, David 5 17/06/2015 50 0.3 50,000 (formerly Magistral Biotech Inc.) Immunotec Inc. Common Shares Pelletier, David 5 02/02/2016 97 0.32 16,581 (formerly Magistral Biotech Inc.)

March 17, 2016 (2016), 39 OSCB 2575

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Immunotec Inc. Common Shares Pelletier, David 5 02/02/2016 97 0.32 16,581 (formerly Magistral Biotech Inc.) Immunotec Inc. Common Shares Pelletier, David 5 29/02/2016 00 33,498 (formerly Magistral Biotech Inc.) Immunotec Inc. Options Régime Pelletier, David 5 29/02/2016 00 75,000 (formerly Magistral d’options Biotech Inc.) Imvescor Restaurant Options Beauchamp, Marie- 5 15/02/2016 00 Group Inc. Line Imvescor Restaurant Options Beauchamp, Marie- 5 15/02/2016 50 100,000 100,000 Group Inc. Line Indexplus Income Fund Trust Units INDEXPLUS Income 1 08/03/2016 38 10 37,604,862 700 Fund Indexplus Income Fund Trust Units INDEXPLUS Income 1 09/03/2016 38 9.9761 37,606,662 1,800 Fund Indexplus Income Fund Trust Units INDEXPLUS Income 1 10/03/2016 38 9.99 37,607,462 800 Fund Indigo Books & Music Deferred Share Clegg, Frank Melville 4 31/12/2015 56 55,802 5,715 Inc. Units Indigo Books & Music Deferred Share DEITCHER, 4 31/12/2015 56 55,853 3,360 Inc. Units JONATHAN Indigo Books & Music Deferred Share Goldhar, Mitchell 4 31/12/2015 56 24,409 2,462 Inc. Units Indigo Books & Music Deferred Share Grosfield, Howard 4 29/06/2015 00 Inc. Units Martin Indigo Books & Music Deferred Share Grosfield, Howard 4 31/12/2015 56 1,267 1,267 Inc. Units Martin Indigo Books & Music Deferred Share Haft, Robert Michael 4 03/11/2015 00 Inc. Units Indigo Books & Music Deferred Share Haft, Robert Michael 4 31/12/2015 56 515 515 Inc. Units Indigo Books & Music Deferred Share KIRBY, MICHAEL 4 31/12/2015 56 120,494 8,367 Inc. Units Indigo Books & Music Deferred Share O’Donovan, Anne 4 31/12/2015 56 29,324 6,877 Inc. Units Marie Indigo Books & Music Deferred Share Silver, Joel 5 08/11/2004 00 Inc. Units Indigo Books & Music Deferred Share Silver, Joel 5 31/12/2015 56 1,267 1,267 Inc. Units Industrial Alliance Common Shares Laflamme, Renée 5 31/12/2015 30 42.337 1,186 9 Insurance and Financial Services inc. Industrial Alliance Common Shares Michaud, Bruno 5 31/12/2015 30 42.337 2,641 53 Insurance and Financial Services inc. Intact Financial Common Shares Intact Financial 1 16/02/2016 38 84.752 25,000 25,000 Corporation Corporation Intact Financial Common Shares Intact Financial 1 17/02/2016 38 84.916 34,500 9,500 Corporation Corporation Intact Financial Common Shares Intact Financial 1 19/02/2016 38 85.696 59,500 25,000 Corporation Corporation Intact Financial Common Shares Intact Financial 1 22/02/2016 38 85.445 66,000 6,500 Corporation Corporation Intact Financial Common Shares Intact Financial 1 23/02/2016 38 86.335 80,600 14,600 Corporation Corporation Intact Financial Common Shares Intact Financial 1 24/02/2016 38 85.676 105,400 24,800 Corporation Corporation Intact Financial Common Shares Intact Financial 1 25/02/2016 38 85.346 113,700 8,300 Corporation Corporation Intact Financial Common Shares Intact Financial 1 29/02/2016 38 86.245 138,700 25,000 Corporation Corporation Integra Gold Corp. Common Shares Gingras, Travis 5 10/03/2016 10 0.455 572,603 9,000 Integra Gold Corp. Common Shares Salamis, George 4 04/03/2016 10 0.385 1,431,603 150,500 International Road Common Shares HANSON, RANDY 5 02/03/2016 10 1.4 318,000 -1,200 Dynamics Inc.

March 17, 2016 (2016), 39 OSCB 2576

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed International Road Common Shares HANSON, RANDY 5 03/03/2016 10 1.36 316,000 -2,000 Dynamics Inc. International Road Common Shares HANSON, RANDY 5 03/03/2016 10 1.38 315,900 -100 Dynamics Inc. International Road Common Shares HANSON, RANDY 5 04/03/2016 10 1.36 313,900 -2,000 Dynamics Inc. International Road Common Shares HANSON, RANDY 5 07/03/2016 10 1.36 311,900 -2,000 Dynamics Inc. InterRent Real Estate Deferred Units Amirault, Paul 4 11/03/2016 57 105,431 -12,549 Investment Trust InterRent Real Estate Trust Units Amirault, Paul 4 11/03/2016 57 16,659 6,275 Investment Trust InterRent Real Estate Deferred Units Awrey, Brian 5 09/03/2016 56 128,320 18,836 Investment Trust InterRent Real Estate Deferred Units Bouzanis, Paul 4 11/03/2016 57 126,765 -11,704 Investment Trust InterRent Real Estate Options Bouzanis, Paul 4 11/03/2016 51 5.81 0 -25,000 Investment Trust InterRent Real Estate Trust Units Bouzanis, Paul 4 11/03/2016 51 5.81 311,144 25,000 Investment Trust InterRent Real Estate Trust Units Bouzanis, Paul 4 11/03/2016 57 322,848 11,704 Investment Trust Intertape Polymer Common Shares Intertape Polymer 1 02/02/2016 38 15.948 -2,700 Group Inc. Group, Inc. Intertape Polymer Common Shares Intertape Polymer 1 02/02/2016 38 15.948 2,700 Group Inc. Group, Inc. Intertape Polymer Common Shares Intertape Polymer 1 02/02/2016 38 15.948 2,700 Group Inc. Group, Inc. Intertape Polymer Common Shares Intertape Polymer 1 03/02/2016 38 16 -3,300 Group Inc. Group, Inc. Intertape Polymer Common Shares Intertape Polymer 1 03/02/2016 38 16 3,300 Group Inc. Group, Inc. Intertape Polymer Common Shares Intertape Polymer 1 03/02/2016 38 16 3,300 Group Inc. Group, Inc. Intertape Polymer Common Shares Intertape Polymer 1 08/02/2016 38 15.87 -39,200 Group Inc. Group, Inc. Intertape Polymer Common Shares Intertape Polymer 1 08/02/2016 38 15.87 39,200 Group Inc. Group, Inc. Intertape Polymer Common Shares Intertape Polymer 1 08/02/2016 38 15.87 39,200 Group Inc. Group, Inc. Intertape Polymer Common Shares Intertape Polymer 1 09/02/2016 38 15.612 -39,800 Group Inc. Group, Inc. Intertape Polymer Common Shares Intertape Polymer 1 09/02/2016 38 15.612 39,800 Group Inc. Group, Inc. Intertape Polymer Common Shares Intertape Polymer 1 09/02/2016 38 15.612 39,800 Group Inc. Group, Inc. Intertape Polymer Common Shares Intertape Polymer 1 10/02/2016 38 15.947 -14,600 Group Inc. Group, Inc. Intertape Polymer Common Shares Intertape Polymer 1 10/02/2016 38 15.947 14,600 Group Inc. Group, Inc. Intertape Polymer Common Shares Intertape Polymer 1 10/02/2016 38 15.947 14,600 Group Inc. Group, Inc. Intertape Polymer Common Shares Intertape Polymer 1 11/02/2016 38 15.679 -39,700 Group Inc. Group, Inc. Intertape Polymer Common Shares Intertape Polymer 1 11/02/2016 38 15.679 39,700 Group Inc. Group, Inc. Intertape Polymer Common Shares Intertape Polymer 1 11/02/2016 38 15.679 39,700 Group Inc. Group, Inc. Intertape Polymer Common Shares Intertape Polymer 1 12/02/2016 38 15.679 39,700 Group Inc. Group, Inc. Intertape Polymer Common Shares Intertape Polymer 1 12/02/2016 38 15.679 147,200 7,900 Group Inc. Group, Inc. Intertape Polymer Common Shares Intertape Polymer 1 12/02/2016 38 15.866 -7,900 Group Inc. Group, Inc. Intertape Polymer Common Shares Intertape Polymer 1 12/02/2016 38 15.866 7,900 Group Inc. Group, Inc.

March 17, 2016 (2016), 39 OSCB 2577

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Intertape Polymer Common Shares Intertape Polymer 1 12/02/2016 38 15.866 7,900 Group Inc. Group, Inc. Intertape Polymer Common Shares Intertape Polymer 1 29/02/2016 38 0 -147,200 Group Inc. Group, Inc. Irving Resources Inc. Common Shares Levinson, Akiko 4 04/03/2016 10 0.11 557,079 500 Irving Resources Inc. Common Shares Levinson, Akiko 4 07/03/2016 10 0.13 573,079 16,000 Irving Resources Inc. Common Shares Levinson, Akiko 4 08/03/2016 10 0.13 573,579 500 Irving Resources Inc. Common Shares Levinson, Akiko 4 09/03/2016 10 0.13 574,079 500 Irving Resources Inc. Common Shares Levinson, Akiko 4 10/03/2016 10 0.13 581,579 7,500 Journey Energy Inc. Common Shares Boklaschuk, Brett 1 16/01/2015 30 5.14 50,404 43 Journey Energy Inc. Common Shares Boklaschuk, Brett 1 20/02/2015 30 5.6 50,420 16 Journey Energy Inc. Common Shares Boklaschuk, Brett 1 02/04/2015 30 5 50,440 20 Journey Energy Inc. Common Shares Boklaschuk, Brett 1 11/05/2015 30 4.95 50,457 17 Journey Energy Inc. Common Shares Boklaschuk, Brett 1 26/06/2015 30 4.24 50,500 43 Journey Energy Inc. Common Shares Boklaschuk, Brett 1 14/08/2015 30 2.31 50,526 26 Journey Energy Inc. Common Shares Boklaschuk, Brett 1 09/09/2015 30 1.99 50,569 43 Journey Energy Inc. Common Shares Boklaschuk, Brett 1 23/10/2015 30 2 50,647 78 Journey Energy Inc. Common Shares Boklaschuk, Brett 1 16/01/2015 30 5.14 483 483 Journey Energy Inc. Common Shares Boklaschuk, Brett 1 20/02/2015 30 5.6 918 435 Journey Energy Inc. Common Shares Boklaschuk, Brett 1 04/03/2015 30 5.54 1,348 430 Journey Energy Inc. Common Shares Boklaschuk, Brett 1 02/04/2015 30 5 1,838 490 Journey Energy Inc. Common Shares Boklaschuk, Brett 1 11/05/2015 00 Journey Energy Inc. Common Shares Boklaschuk, Brett 1 11/05/2015 30 4.95 2,333 495 Journey Energy Inc. Common Shares Boklaschuk, Brett 1 26/06/2015 30 4.24 2,937 604 Journey Energy Inc. Common Shares Boklaschuk, Brett 1 10/07/2015 30 3.92 3,342 405 Journey Energy Inc. Common Shares Boklaschuk, Brett 1 14/08/2015 30 2.31 4,057 715 Journey Energy Inc. Common Shares Boklaschuk, Brett 1 09/09/2015 30 1.99 4,911 854 Journey Energy Inc. Common Shares Boklaschuk, Brett 1 23/10/2015 30 2 5,838 927 Journey Energy Inc. Common Shares Boklaschuk, Brett 1 25/11/2015 30 1.58 6,842 1,004 Journey Energy Inc. Common Shares Boklaschuk, Brett 1 02/12/2015 30 1.5 7,901 1,059 Journey Energy Inc. Common Shares FORD, Wayne G. 5 16/01/2015 30 5.14 257 90 Journey Energy Inc. Common Shares FORD, Wayne G. 5 20/02/2015 30 5.6 339 82 Journey Energy Inc. Common Shares FORD, Wayne G. 5 04/03/2015 30 5.54 420 81 Journey Energy Inc. Common Shares FORD, Wayne G. 5 02/04/2015 30 5 422 2 Journey Energy Inc. Common Shares FORD, Wayne G. 5 11/05/2015 30 4.95 424 2 Journey Energy Inc. Common Shares FORD, Wayne G. 5 26/06/2015 30 4.24 430 6 Journey Energy Inc. Common Shares FORD, Wayne G. 5 14/08/2015 30 2.31 434 4 Journey Energy Inc. Common Shares FORD, Wayne G. 5 09/09/2015 30 1.99 440 6 Journey Energy Inc. Common Shares FORD, Wayne G. 5 16/01/2015 30 5.14 147,190 410 Journey Energy Inc. Common Shares FORD, Wayne G. 5 20/02/2015 30 5.6 147,534 344 Journey Energy Inc. Common Shares FORD, Wayne G. 5 04/03/2015 30 5.54 147,855 321 Journey Energy Inc. Common Shares FORD, Wayne G. 5 02/04/2015 30 5 148,334 479 Journey Energy Inc. Common Shares FORD, Wayne G. 5 11/05/2015 30 4.95 148,903 569 Journey Energy Inc. Common Shares FORD, Wayne G. 5 26/06/2015 30 4.24 149,617 714 Journey Energy Inc. Common Shares FORD, Wayne G. 5 10/07/2015 30 3.92 150,049 432 Journey Energy Inc. Common Shares FORD, Wayne G. 5 14/08/2015 30 2.31 150,834 785 Journey Energy Inc. Common Shares FORD, Wayne G. 5 09/09/2015 30 1.99 151,782 948 Journey Energy Inc. Common Shares FORD, Wayne G. 5 23/10/2015 30 2 152,647 865 Journey Energy Inc. Common Shares FORD, Wayne G. 5 25/11/2015 30 1.58 153,716 1,069 Journey Energy Inc. Common Shares FORD, Wayne G. 5 02/12/2015 30 1.5 154,844 1,128 Journey Energy Inc. Common Shares FORD, Wayne G. 5 16/01/2015 30 5.14 493 91 Journey Energy Inc. Common Shares FORD, Wayne G. 5 20/02/2015 30 5.6 574 81 Journey Energy Inc. Common Shares FORD, Wayne G. 5 04/03/2015 30 5.54 654 80 Journey Energy Inc. Common Shares FORD, Wayne G. 5 02/04/2015 30 5 746 92 Journey Energy Inc. Common Shares FORD, Wayne G. 5 11/05/2015 30 4.95 749 3 Journey Energy Inc. Common Shares FORD, Wayne G. 5 26/06/2015 30 4.24 757 8 Journey Energy Inc. Common Shares FORD, Wayne G. 5 14/08/2015 30 2.31 762 5 Journey Energy Inc. Common Shares FORD, Wayne G. 5 09/09/2015 30 1.99 769 7 Journey Energy Inc. Common Shares Gilewicz, Gerald 5 16/01/2015 30 5.14 3,915 660

March 17, 2016 (2016), 39 OSCB 2578

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Journey Energy Inc. Common Shares Gilewicz, Gerald 5 20/02/2015 30 5.6 4,481 566 Journey Energy Inc. Common Shares Gilewicz, Gerald 5 04/03/2015 30 5.54 5,020 539 Journey Energy Inc. Common Shares Gilewicz, Gerald 5 02/04/2015 30 5 5,660 640 Journey Energy Inc. Common Shares Gilewicz, Gerald 5 11/05/2015 30 4.95 6,302 642 Journey Energy Inc. Common Shares Gilewicz, Gerald 5 26/06/2015 30 4.24 7,115 813 Journey Energy Inc. Common Shares Gilewicz, Gerald 5 15/07/2015 30 3.92 7,598 483 Journey Energy Inc. Common Shares Gilewicz, Gerald 5 14/08/2015 30 2.31 8,485 887 Journey Energy Inc. Common Shares Gilewicz, Gerald 5 09/09/2015 30 1.99 9,560 1,075 Journey Energy Inc. Common Shares Gilewicz, Gerald 5 23/10/2015 30 2 20,770 1,210 Journey Energy Inc. Common Shares Gilewicz, Gerald 5 25/11/2015 30 1.58 21,966 1,196 Journey Energy Inc. Common Shares Gilewicz, Gerald 5 02/12/2015 30 1.5 23,228 1,262 Journey Energy Inc. Common Shares Moore, Terry John 5 16/01/2015 30 5.14 134,900 289 Journey Energy Inc. Common Shares Moore, Terry John 5 20/02/2015 30 5.6 135,133 233 Journey Energy Inc. Common Shares Moore, Terry John 5 04/03/2015 30 5.54 135,343 210 Journey Energy Inc. Common Shares Moore, Terry John 5 02/04/2015 30 5 135,607 264 Journey Energy Inc. Common Shares Moore, Terry John 5 11/05/2015 30 4.95 135,870 263 Journey Energy Inc. Common Shares Moore, Terry John 5 26/06/2015 30 4.24 136,220 350 Journey Energy Inc. Common Shares Moore, Terry John 5 10/07/2015 30 3.92 136,408 188 Journey Energy Inc. Common Shares Moore, Terry John 5 14/08/2015 30 2.31 136,774 366 Journey Energy Inc. Common Shares Moore, Terry John 5 09/09/2015 30 1.99 137,225 451 Journey Energy Inc. Common Shares Moore, Terry John 5 23/10/2015 30 2 137,756 531 Journey Energy Inc. Common Shares Moore, Terry John 5 25/11/2015 30 1.58 138,222 466 Journey Energy Inc. Common Shares Moore, Terry John 5 02/12/2015 30 1.5 138,713 491 Journey Energy Inc. Common Shares Moore, Terry John 5 16/01/2015 30 5.14 1,546 354 Journey Energy Inc. Common Shares Moore, Terry John 5 20/02/2015 30 5.6 1,865 319 Journey Energy Inc. Common Shares Moore, Terry John 5 04/03/2015 30 5.54 2,180 315 Journey Energy Inc. Common Shares Moore, Terry John 5 02/04/2015 30 4.95 363 Journey Energy Inc. Common Shares Moore, Terry John 5 02/04/2015 30 5 2,539 359 Journey Energy Inc. Common Shares Moore, Terry John 5 11/05/2015 30 4.95 2,902 363 Journey Energy Inc. Common Shares Moore, Terry John 5 26/06/2015 30 4.24 3,344 442 Journey Energy Inc. Common Shares Moore, Terry John 5 10/07/2015 30 3.92 3,626 282 Journey Energy Inc. Common Shares Moore, Terry John 5 14/08/2015 30 2.31 4,125 499 Journey Energy Inc. Common Shares Moore, Terry John 5 09/09/2015 30 1.99 4,721 596 Journey Energy Inc. Common Shares Moore, Terry John 5 23/10/2015 30 2 5,369 648 Journey Energy Inc. Common Shares Moore, Terry John 5 25/11/2015 30 1.58 6,068 699 Journey Energy Inc. Common Shares Moore, Terry John 5 02/12/2015 30 1.5 6,805 737 Journey Energy Inc. Common Shares Polini, Anthony 5 16/01/2015 30 5.14 42,903 49 Victor Journey Energy Inc. Common Shares Polini, Anthony 5 20/02/2015 30 5.6 42,922 19 Victor Journey Energy Inc. Common Shares Polini, Anthony 5 02/04/2015 30 5 42,955 33 Victor Journey Energy Inc. Common Shares Polini, Anthony 5 11/05/2015 30 4.95 42,974 19 Victor Journey Energy Inc. Common Shares Polini, Anthony 5 26/06/2015 30 4.24 43,024 50 Victor Journey Energy Inc. Common Shares Polini, Anthony 5 14/08/2015 30 2.31 43,054 30 Victor Journey Energy Inc. Common Shares Polini, Anthony 5 09/09/2015 30 1.99 43,103 49 Victor Journey Energy Inc. Common Shares Polini, Anthony 5 23/10/2015 30 2 43,192 89 Victor Journey Energy Inc. Common Shares Polini, Anthony 5 16/01/2015 30 5.14 2,344 532 Victor Journey Energy Inc. Common Shares Polini, Anthony 5 20/02/2015 30 5.6 2,823 479 Victor Journey Energy Inc. Common Shares Polini, Anthony 5 04/03/2015 30 5.54 3,297 474 Victor Journey Energy Inc. Common Shares Polini, Anthony 5 02/04/2015 30 5 3,837 540 Victor Journey Energy Inc. Common Shares Polini, Anthony 5 11/05/2015 30 4.95 4,383 546 Victor

March 17, 2016 (2016), 39 OSCB 2579

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Journey Energy Inc. Common Shares Polini, Anthony 5 26/06/2015 30 4.24 5,049 666 Victor Journey Energy Inc. Common Shares Polini, Anthony 5 10/07/2015 30 3.92 5,473 424 Victor Journey Energy Inc. Common Shares Polini, Anthony 5 14/08/2015 30 2.31 6,223 750 Victor Journey Energy Inc. Common Shares Polini, Anthony 5 09/09/2015 30 1.99 7,257 1,034 Victor Journey Energy Inc. Common Shares Polini, Anthony 5 23/10/2015 30 2 8,233 976 Victor Journey Energy Inc. Common Shares Polini, Anthony 5 25/11/2015 30 1.58 9,284 1,051 Victor Journey Energy Inc. Common Shares Polini, Anthony 5 02/12/2015 30 1.5 10,393 1,109 Victor Journey Energy Inc. Common Shares Purcell, Gary Robert 5 16/01/2015 30 5.14 170,391 707 Journey Energy Inc. Common Shares Purcell, Gary Robert 5 20/02/2015 30 5.6 170,997 606 Journey Energy Inc. Common Shares Purcell, Gary Robert 5 04/03/2015 30 5.54 171,574 577 Journey Energy Inc. Common Shares Purcell, Gary Robert 5 02/04/2015 30 5 172,259 685 Journey Energy Inc. Common Shares Purcell, Gary Robert 5 11/05/2015 30 4.95 172,946 687 Journey Energy Inc. Common Shares Purcell, Gary Robert 5 26/06/2015 30 4.24 173,817 871 Journey Energy Inc. Common Shares Purcell, Gary Robert 5 10/07/2015 30 3.92 174,334 517 Journey Energy Inc. Common Shares Purcell, Gary Robert 5 14/08/2015 30 2.31 175,284 950 Journey Energy Inc. Common Shares Purcell, Gary Robert 5 09/09/2015 30 1.99 186,435 1,151 Journey Energy Inc. Common Shares Purcell, Gary Robert 5 23/10/2015 30 2 187,732 1,297 Journey Energy Inc. Common Shares Purcell, Gary Robert 5 25/11/2015 30 1.58 189,012 1,280 Journey Energy Inc. Common Shares Purcell, Gary Robert 5 02/12/2015 30 1.5 190,362 1,350 Journey Energy Inc. Common Shares Verge, Alexander G. 4, 5 16/01/2015 30 5.14 1,105,150 688 Journey Energy Inc. Common Shares Verge, Alexander G. 4, 5 20/02/2015 30 5.6 1,105,749 599 Journey Energy Inc. Common Shares Verge, Alexander G. 4, 5 04/03/2015 30 5.54 1,106,326 577 Journey Energy Inc. Common Shares Verge, Alexander G. 4, 5 02/04/2015 30 5 1,107,003 677 Journey Energy Inc. Common Shares Verge, Alexander G. 4, 5 11/05/2015 30 4.95 1,107,683 680 Journey Energy Inc. Common Shares Verge, Alexander G. 4, 5 26/06/2015 30 4.24 1,134,035 852 Journey Energy Inc. Common Shares Verge, Alexander G. 4, 5 10/07/2015 30 3.92 1,144,552 517 Journey Energy Inc. Common Shares Verge, Alexander G. 4, 5 14/08/2015 30 2.31 1,145,490 938 Journey Energy Inc. Common Shares Verge, Alexander G. 4, 5 09/09/2015 30 1.99 1,146,623 1,133 Journey Energy Inc. Common Shares Verge, Alexander G. 4, 5 23/10/2015 30 2 1,522,886 1,263 Journey Energy Inc. Common Shares Verge, Alexander G. 4, 5 25/11/2015 30 1.58 1,524,166 1,280 Journey Energy Inc. Common Shares Verge, Alexander G. 4, 5 02/12/2015 30 1.5 1,525,516 1,350 Jubilee Gold Common Shares Direct Business 3 08/03/2016 10 0.15 3,500 Exploration Ltd. Class A Services Ltd. Jubilee Gold Common Shares Direct Business 3 08/03/2016 10 0.15 3,500 Exploration Ltd. Class A Services Ltd. Kelt Exploration Ltd. Common Shares Wilson, David John 3, 4, 5 10/03/2016 10 3.9 10,240,932 70,000 Kelt Exploration Ltd. Common Shares Wilson, David John 3, 4, 5 10/03/2016 10 3.9 2,100,329 430,000 KHAN RESOURCES Common Shares Babikian, Raffi 4 09/03/2016 10 0.8 135,000 -45,000 INC. KHAN RESOURCES Common Shares Babikian, Raffi 4 10/03/2016 10 0.762 0 -135,000 INC. KHAN RESOURCES Common Shares Babikian, Raffi 4 11/03/2016 51 0.55 100,000 100,000 INC. KHAN RESOURCES Common Shares Babikian, Raffi 4 11/03/2016 51 0.2 300,000 200,000 INC. KHAN RESOURCES Options Babikian, Raffi 4 11/03/2016 51 0.55 650,000 -100,000 INC. KHAN RESOURCES Options Babikian, Raffi 4 11/03/2016 51 0.2 450,000 -200,000 INC. KHAN RESOURCES Common Shares Budd, Jeremy 5 09/03/2016 51 0.2 125,000 75,000 INC. KHAN RESOURCES Common Shares Budd, Jeremy 5 09/03/2016 51 0.55 175,000 50,000 INC. KHAN RESOURCES Common Shares Budd, Jeremy 5 09/03/2016 51 0.57 275,000 100,000 INC.

March 17, 2016 (2016), 39 OSCB 2580

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed KHAN RESOURCES Common Shares Budd, Jeremy 5 09/03/2016 51 0.335 375,000 100,000 INC. KHAN RESOURCES Common Shares Budd, Jeremy 5 10/03/2016 10 0.75 0 -375,000 INC. KHAN RESOURCES Options Budd, Jeremy 5 09/03/2016 51 0.2 250,000 -75,000 INC. KHAN RESOURCES Options Budd, Jeremy 5 09/03/2016 51 0.55 -50,000 INC. KHAN RESOURCES Options Budd, Jeremy 5 09/03/2016 51 0.55 200,000 -50,000 INC. KHAN RESOURCES Options Budd, Jeremy 5 09/03/2016 51 0.57 100,000 -100,000 INC. KHAN RESOURCES Options Budd, Jeremy 5 09/03/2016 51 0.335 0 -100,000 INC. KHAN RESOURCES Common Shares Edey, Grant Arnold 4 08/03/2016 51 0.55 2,568,426 200,000 INC. KHAN RESOURCES Options Edey, Grant Arnold 4 08/03/2016 51 0.55 850,000 -200,000 INC. KHAN RESOURCES Common Shares McAusland, David L. 4 08/03/2016 51 0.55 450,000 100,000 INC. KHAN RESOURCES Common Shares McAusland, David L. 4 08/03/2016 51 0.2 650,000 200,000 INC. KHAN RESOURCES Options McAusland, David L. 4 08/03/2016 51 0.55 650,000 -100,000 INC. KHAN RESOURCES Options McAusland, David L. 4 08/03/2016 51 0.2 450,000 -200,000 INC. KHAN RESOURCES Common Shares Quick, Martin 4 08/03/2016 52 0.57 200,000 INC. KHAN RESOURCES Common Shares Quick, Martin 4 08/03/2016 51 0.57 504,334 200,000 INC. KHAN RESOURCES Common Shares Quick, Martin 4 08/03/2016 10 304,334 -200,000 INC. KHAN RESOURCES Common Shares Quick, Martin 4 08/03/2016 10 0.8 154,334 -150,000 INC. KHAN RESOURCES Options Quick, Martin 4 08/03/2016 51 0.57 0 -200,000 INC. KHAN RESOURCES Common Shares SHAHINIAN, ERIC 3, 4 10/03/2016 10 0.75 13,078,821 297,500 INC. Killam Apartment Real Trust Units Crowell, Pamela 5 04/03/2016 10 11.38 23,922 -100 Estate Investment Florence Trust Killam Apartment Real Trust Units Crowell, Pamela 5 09/03/2016 10 11.38 23,022 -900 Estate Investment Florence Trust Killam Apartment Real Trust Units Crowell, Pamela 5 09/03/2016 10 11.49 22,022 -1,000 Estate Investment Florence Trust Killam Apartment Real Rights Restricted Fraser, Philip 4 07/03/2016 57 73,562 -12,798 Estate Investment Units Trust Killam Apartment Real Trust Units Fraser, Philip 4 07/03/2016 57 11.29 222,059 6,399 Estate Investment Trust Killam Apartment Real Rights Restricted Richardson, Robert 4 07/03/2016 57 62,692 -10,446 Estate Investment Units Trust Killam Apartment Real Trust Units Richardson, Robert 4 07/03/2016 57 11.29 6,793 5,223 Estate Investment Trust Kincora Copper Limited Common Shares Zurrin, Eric Frederick 4 03/03/2016 30 0.02 102,994 -134,330 Kirkland Lake Gold Inc. Options Cater, Douglas 5 16/02/2016 00 79,728 Frederick Kirkland Lake Gold Inc. Options Salehi, Keyvan 5 16/02/2016 00 34,428 Knick Exploration Inc. Common Shares Jetté, Marc-Antoine 4 07/03/2016 10 0.02 356,000 21,000 Knick Exploration Inc. Common Shares Jetté, Marc-Antoine 4 08/03/2016 10 0.02 385,000 29,000 Knick Exploration Inc. Common Shares Jetté, Marc-Antoine 4 11/03/2016 10 0.02 395,000 10,000 Kombat Copper Inc. Options Bozoki, Paul Sandor 5 07/03/2016 50 0.085 1,500,000 700,000

March 17, 2016 (2016), 39 OSCB 2581

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Kombat Copper Inc. Options Kwasik, Les 5 08/02/2016 00 Kombat Copper Inc. Options Kwasik, Les 5 08/03/2016 50 0.085 400,000 400,000 Kombat Copper Inc. Options Lopez, Damian 5 08/02/2016 00 Kombat Copper Inc. Options Lopez, Damian 5 08/02/2016 00 Kombat Copper Inc. Options Lopez, Damian 5 08/02/2016 00 Kombat Copper Inc. Options Lopez, Damian 5 08/03/2016 50 0.085 150,000 150,000 Kombat Copper Inc. Options Nielsen, Frederick 4 08/03/2016 50 0.085 2,300,000 200,000 William Kombat Copper Inc. Options Reid, Christopher 4 08/03/2016 50 0.085 2,350,000 500,000 Justin KWG Resources Inc. Common Shares Smeenk, Frank 4, 5 09/03/2016 47 12,641,000 -25,000 Cornelius Laguna Blends Inc. Common Shares Gray, Stuart 3, 4, 5 07/03/2016 10 0.21 2,492,700 7,500 (formerly Grenadier Vaughan Ryan Resource Corp.) Laguna Blends Inc. Common Shares Gray, Stuart 3, 4, 5 07/03/2016 10 0.22 2,500,100 7,400 (formerly Grenadier Vaughan Ryan Resource Corp.) Laguna Blends Inc. Common Shares Gray, Stuart 3, 4, 5 11/03/2016 10 0.24 2,503,100 3,000 (formerly Grenadier Vaughan Ryan Resource Corp.) Laguna Blends Inc. Common Shares Gray, Stuart 3, 4, 5 11/03/2016 10 0.25 2,505,100 2,000 (formerly Grenadier Vaughan Ryan Resource Corp.) LeenLife Pharma Common Shares Forward, James 5 20/08/2015 00 359,500 International Inc. Casey Dalton Leon’s Furniture Common Shares Cooney, John 5 07/03/2016 10 15 27,184 -2,800 Limited Andrew Leon’s Furniture Common Shares Leon, David 5 08/03/2016 30 8.85 69,835 34,243 Limited Leon’s Furniture Common Shares Leon, David 5 08/03/2016 10 14.95 52,435 -17,400 Limited Leon’s Furniture Common Shares Leon, David 5 09/03/2016 10 14.819 51,435 -1,000 Limited Leon’s Furniture Non-Voting Shares Leon, David 5 08/03/2016 30 8.85 168,191 -34,243 Limited Leon’s Furniture Common Shares Leon, Graeme 5 07/03/2016 10 15 22,937 -4,000 Limited Limited Duration Units Class A Limited Duration 1 01/02/2016 38 21.35 2,400 800 Investment Grade Investment Grade Preferred Securities Preferred Securities Fund Fund Limited Duration Units Class A Limited Duration 1 02/02/2016 38 21.4 2,400 800 Investment Grade Investment Grade Preferred Securities Preferred Securities Fund Fund Limited Duration Units Class A Limited Duration 1 03/02/2016 38 21.1 2,400 800 Investment Grade Investment Grade Preferred Securities Preferred Securities Fund Fund Limited Duration Units Class A Limited Duration 1 04/02/2016 38 21.15 3,200 800 Investment Grade Investment Grade Preferred Securities Preferred Securities Fund Fund Limited Duration Units Class A Limited Duration 1 05/02/2016 38 20.98 4,000 800 Investment Grade Investment Grade Preferred Securities Preferred Securities Fund Fund Limited Duration Units Class A Limited Duration 1 08/02/2016 38 20.64 4,800 800 Investment Grade Investment Grade Preferred Securities Preferred Securities Fund Fund Limited Duration Units Class A Limited Duration 1 09/02/2016 38 20.62 5,600 800 Investment Grade Investment Grade Preferred Securities Preferred Securities Fund Fund

March 17, 2016 (2016), 39 OSCB 2582

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Limited Duration Units Class A Limited Duration 1 10/02/2016 38 20.6 6,400 800 Investment Grade Investment Grade Preferred Securities Preferred Securities Fund Fund Limited Duration Units Class A Limited Duration 1 11/02/2016 38 20.25 7,200 800 Investment Grade Investment Grade Preferred Securities Preferred Securities Fund Fund Limited Duration Units Class A Limited Duration 1 12/02/2016 38 20.15 8,000 800 Investment Grade Investment Grade Preferred Securities Preferred Securities Fund Fund Limited Duration Units Class A Limited Duration 1 16/02/2016 38 20.13 8,800 800 Investment Grade Investment Grade Preferred Securities Preferred Securities Fund Fund Limited Duration Units Class A Limited Duration 1 17/02/2016 38 20.15 9,600 800 Investment Grade Investment Grade Preferred Securities Preferred Securities Fund Fund Limited Duration Units Class A Limited Duration 1 18/02/2016 38 20.26 10,400 800 Investment Grade Investment Grade Preferred Securities Preferred Securities Fund Fund Limited Duration Units Class A Limited Duration 1 19/02/2016 38 20.32 11,200 800 Investment Grade Investment Grade Preferred Securities Preferred Securities Fund Fund Limited Duration Units Class A Limited Duration 1 22/02/2016 38 20.48 12,000 800 Investment Grade Investment Grade Preferred Securities Preferred Securities Fund Fund Limited Duration Units Class A Limited Duration 1 23/02/2016 38 20.48 12,800 800 Investment Grade Investment Grade Preferred Securities Preferred Securities Fund Fund Limited Duration Units Class A Limited Duration 1 24/02/2016 38 20.49 13,600 800 Investment Grade Investment Grade Preferred Securities Preferred Securities Fund Fund Limited Duration Units Class A Limited Duration 1 25/02/2016 38 20.45 14,400 800 Investment Grade Investment Grade Preferred Securities Preferred Securities Fund Fund Limited Duration Units Class A Limited Duration 1 26/02/2016 38 20.35 15,200 800 Investment Grade Investment Grade Preferred Securities Preferred Securities Fund Fund Limited Duration Units Class A Limited Duration 1 29/02/2016 38 20.64 16,000 800 Investment Grade Investment Grade Preferred Securities Preferred Securities Fund Fund Limited Duration Units Class A Limited Duration 1 29/02/2016 38 0 -16,000 Investment Grade Investment Grade Preferred Securities Preferred Securities Fund Fund Limited Duration Units Class U Limited Duration 1 09/02/2016 38 22.05 300 300 Investment Grade Investment Grade Preferred Securities Preferred Securities Fund Fund Limited Duration Units Class U Limited Duration 1 10/02/2016 38 22.05 900 600 Investment Grade Investment Grade Preferred Securities Preferred Securities Fund Fund Limited Duration Units Class U Limited Duration 1 11/02/2016 38 22.05 1,500 600 Investment Grade Investment Grade Preferred Securities Preferred Securities Fund Fund Limited Duration Units Class U Limited Duration 1 12/02/2016 38 22.05 2,100 600 Investment Grade Investment Grade Preferred Securities Preferred Securities Fund Fund

March 17, 2016 (2016), 39 OSCB 2583

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Limited Duration Units Class U Limited Duration 1 26/02/2016 38 21.02 2,700 600 Investment Grade Investment Grade Preferred Securities Preferred Securities Fund Fund Limited Duration Units Class U Limited Duration 1 29/02/2016 38 600 -2,100 Investment Grade Investment Grade Preferred Securities Preferred Securities Fund Fund Lions Bay Capital Inc. Common Shares MacLachlan, John 4 14/01/2016 16 0.05 780,000 500,000 Ross Liquor Stores N.A. Ltd. Rights Long Term Bebis, Stephen 5 31/12/2015 30 45,786 4,366 Incentive Plan Liquor Stores N.A. Ltd. Rights Performance Bebis, Stephen 5 31/12/2015 30 58,755 4,842 Share Units One- time Grant Liquor Stores N.A. Ltd. Rights Restricted Bebis, Stephen 5 31/12/2015 30 30,760 2,022 Share Units Liquor Stores N.A. Ltd. Rights Rights Bebis, Stephen 5 31/12/2015 30 30,759 2,021 Performance Share Units Liquor Stores N.A. Ltd. Rights Long Term Fremstad, Jason 5 31/12/2015 30 5,238 476 Incentive Plan Paul Liquor Stores N.A. Ltd. Rights Performance Fremstad, Jason 5 31/12/2015 30 12,474 1,028 Share Units One- Paul time Grant Liquor Stores N.A. Ltd. Rights Restricted Fremstad, Jason 5 31/12/2015 30 4,354 287 Share Units Paul Liquor Stores N.A. Ltd. Rights Rights Fremstad, Jason 5 31/12/2015 30 4,354 287 Performance Share Paul Units Liquor Stores N.A. Ltd. Rights Long Term Gordey, David 5 31/12/2015 30 579 57 Incentive Plan Nathan Liquor Stores N.A. Ltd. Rights Performance Gordey, David 5 31/12/2015 30 11,484 946 Share Units One- Nathan time Grant Liquor Stores N.A. Ltd. Rights Restricted Gordey, David 5 31/12/2015 30 7,618 568 Share Units Nathan Liquor Stores N.A. Ltd. Rights Rights Gordey, David 5 31/12/2015 30 3,631 239 Performance Share Nathan Units Liquor Stores N.A. Ltd. Rights Performance Renz, Catherine 5 31/12/2015 30 11,932 984 Share Units One- Lieske time Grant Liquor Stores N.A. Ltd. Rights Restricted Renz, Catherine 5 31/12/2015 30 7,354 537 Share Units Lieske Liquor Stores N.A. Ltd. Rights Rights Renz, Catherine 5 31/12/2015 30 4,164 273 Performance Share Lieske Units Liquor Stores N.A. Ltd. Rights Long Term Rop, Steve 5 31/12/2015 30 8,729 792 Incentive Plan Liquor Stores N.A. Ltd. Rights Performance Rop, Steve 5 31/12/2015 30 13,560 1,119 Share Units One- time Grant Liquor Stores N.A. Ltd. Rights Restricted Rop, Steve 5 31/12/2015 30 4,733 312 Share Units Liquor Stores N.A. Ltd. Rights Rights Rop, Steve 5 31/12/2015 30 4,732 311 Performance Share Units Liquor Stores N.A. Ltd. Rights Performance Yaworski, James 5 31/12/2015 30 7,178 592 Share Units One- time Grant Liquor Stores N.A. Ltd. Rights Restricted Yaworski, James 5 31/12/2015 30 2,270 150 Share Units Liquor Stores N.A. Ltd. Rights Rights Yaworski, James 5 31/12/2015 30 2,269 149 Performance Share Units Loblaw Companies Rights - Deferred Bryant, Warren 4 03/03/2016 56 8,572 108 Limited Share Units Loblaw Companies Common Shares Butler, Mark Charles 5 31/12/2015 30 7,207 630 Limited

March 17, 2016 (2016), 39 OSCB 2584

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Loblaw Companies Common Shares Columb, Kieran 5 04/03/2016 51 30.99 6,917 3,000 Limited Barry Loblaw Companies Common Shares Columb, Kieran 5 04/03/2016 10 70.6 3,917 -3,000 Limited Barry Loblaw Companies Common Shares Columb, Kieran 5 07/03/2016 51 30.99 8,917 5,000 Limited Barry Loblaw Companies Common Shares Columb, Kieran 5 07/03/2016 10 70.6 3,917 -5,000 Limited Barry Loblaw Companies Common Shares Columb, Kieran 5 08/03/2016 51 30.99 8,917 5,000 Limited Barry Loblaw Companies Common Shares Columb, Kieran 5 08/03/2016 10 72 3,917 -5,000 Limited Barry Loblaw Companies Common Shares Columb, Kieran 5 31/12/2015 30 6,694 575 Limited Barry Loblaw Companies Options Columb, Kieran 5 03/03/2016 50 68.94 346,567 31,940 Limited Barry Loblaw Companies Options Columb, Kieran 5 04/03/2016 51 30.99 343,567 -3,000 Limited Barry Loblaw Companies Options Columb, Kieran 5 07/03/2016 51 30.99 338,567 -5,000 Limited Barry Loblaw Companies Options Columb, Kieran 5 08/03/2016 51 30.99 333,567 -5,000 Limited Barry Loblaw Companies Performance Share Columb, Kieran 5 03/03/2016 56 17,585 5,319 Limited Units Barry Loblaw Companies Restricted Share Columb, Kieran 5 03/03/2016 56 17,585 5,319 Limited Units Barry Loblaw Companies Common Shares Currie, Gordon 5 12/09/2005 00 Limited Andrew McDonald Loblaw Companies Common Shares Currie, Gordon 5 31/12/2015 30 567 567 Limited Andrew McDonald Loblaw Companies Common Shares Davis, Sarah Ruth 5 31/12/2015 30 6,287 494 Limited Loblaw Companies Options Davis, Sarah Ruth 5 03/03/2016 50 68.94 257,957 37,747 Limited Loblaw Companies Performance Share Davis, Sarah Ruth 5 03/03/2016 56 54,205 6,286 Limited Units Loblaw Companies Restricted Share Davis, Sarah Ruth 5 03/03/2016 56 20,691 6,286 Limited Units Loblaw Companies Common Shares Dufresne, Richard 6, 5 26/03/2012 00 Limited Loblaw Companies Common Shares Dufresne, Richard 6, 5 31/12/2015 30 357 357 Limited Loblaw Companies Options Dufresne, Richard 6, 5 03/03/2016 50 68.94 57,455 26,423 Limited Loblaw Companies Performance Share Dufresne, Richard 6, 5 03/03/2016 56 34,652 4,400 Limited Units Loblaw Companies Restricted Share Dufresne, Richard 6, 5 03/03/2016 56 9,189 4,400 Limited Units Loblaw Companies Options Froese, Grant 5 03/03/2016 50 68.94 410,378 52,265 Limited Bernard Loblaw Companies Performance Share Froese, Grant 5 03/03/2016 56 60,533 8,703 Limited Units Bernard Loblaw Companies Restricted Share Froese, Grant 5 03/03/2016 56 25,767 8,703 Limited Units Bernard Loblaw Companies Options Motz, Michael James 7 03/03/2016 50 68.94 110,366 46,458 Limited Loblaw Companies Performance Share Motz, Michael James 7 03/03/2016 56 27,788 7,736 Limited Units Loblaw Companies Restricted Share Motz, Michael James 7 03/03/2016 56 19,196 7,736 Limited Units Loblaw Companies Rights - Deferred O’Neill, Thomas 4 03/03/2016 56 31,702 181 Limited Share Units Charles Loblaw Companies Common Shares Senecal, Garry 5 31/12/2015 30 1,530 549 Limited Loblaw Companies Options Senecal, Garry 5 03/03/2016 50 68.94 221,113 36,295 Limited

March 17, 2016 (2016), 39 OSCB 2585

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Loblaw Companies Performance Share Senecal, Garry 5 03/03/2016 56 37,584 6,044 Limited Units Loblaw Companies Restricted Share Senecal, Garry 5 03/03/2016 56 17,607 6,044 Limited Units Loblaw Companies Options Weston, Willard 4, 5 03/03/2016 50 68.94 1,311,128 127,758 Limited Galen Garfield Loblaw Companies Performance Share Weston, Willard 4, 5 03/03/2016 56 61,916 21,275 Limited Units Galen Garfield Loblaw Companies Restricted Share Weston, Willard 4, 5 03/03/2016 56 61,916 21,275 Limited Units Galen Garfield Logistec Corporation Subordinate Voting LOGISTEC 1 07/03/2016 38 36.24 3,000 1,000 Shares Class B CORPORATION Logistec Corporation Subordinate Voting LOGISTEC 1 08/03/2016 38 36.1 4,000 1,000 Shares Class B CORPORATION Logistec Corporation Subordinate Voting LOGISTEC 1 09/03/2016 38 35.76 5,000 1,000 Shares Class B CORPORATION Logistec Corporation Subordinate Voting LOGISTEC 1 10/03/2016 38 36.03 5,600 600 Shares Class B CORPORATION Loncor Resources Inc. Options Farr, Geoffrey Guy 5 11/03/2016 50 0.06 800,000 500,000 Loncor Resources Inc. Common Shares KONDRAT, 3, 4, 5 11/03/2016 50 0.06 500,000 ARNOLD T. Loncor Resources Inc. Common Shares KONDRAT, 3, 4, 5 11/03/2016 50 0.06 500,000 ARNOLD T. Loncor Resources Inc. Options KONDRAT, 3, 4, 5 11/03/2016 50 0.06 1,200,000 500,000 ARNOLD T. Loncor Resources Inc. Options Lachcik, Richard 4 11/03/2016 50 0.06 450,000 300,000 Joseph Loncor Resources Inc. Options MADILO, DONAT 5 11/03/2016 50 0.06 800,000 500,000 Lucara Diamond Corp. Options Armstrong, John 5 11/03/2016 51 0.99 230,000 -50,000 Patrick Lucara Diamond Corp. Common Shares Thomas, Eira 4 04/03/2016 10 2.5329 5,918,500 -206,500 Margaret Lucara Diamond Corp. Common Shares Thomas, Eira 4 07/03/2016 10 2.5395 5,550,000 -368,500 Margaret Lucara Diamond Corp. Common Shares Thomas, Eira 4 07/03/2016 10 2.5003 5,500,000 -50,000 Margaret Lucara Diamond Corp. Common Shares Thomas, Eira 4 08/03/2016 10 2.5376 5,250,000 -250,000 Margaret Lucara Diamond Corp. Common Shares Thomas, Eira 4 09/03/2016 10 2.509 -45,000 Margaret Lucara Diamond Corp. Common Shares Thomas, Eira 4 09/03/2016 10 2.509 5,204,500 -45,500 Margaret Lucara Diamond Corp. Common Shares Thomas, Eira 4 10/03/2016 10 2.5308 5,125,000 -79,500 Margaret Lundin Mining Options Boxall, Susan Joy 5 08/03/2016 50 714,000 132,000 Corporation Lundin Mining Rights Share Units Boxall, Susan Joy 5 08/03/2016 56 56,000 28,000 Corporation Lundin Mining Rights Share Units Conibear, Paul K. 5 08/03/2016 56 600,000 300,000 Corporation Lundin Mining Options Duncan, Lesley Ruth 5 08/03/2016 50 53,400 24,000 Corporation Lundin Mining Rights Share Units Duncan, Lesley Ruth 5 08/03/2016 56 11,300 5,000 Corporation Lundin Mining Options Gatley, Stephen 5 08/03/2016 50 764,000 132,000 Corporation Trelawney Lundin Mining Rights Share Units Gatley, Stephen 5 08/03/2016 56 56,000 28,000 Corporation Trelawney Lundin Mining Options Inkster, Marie 5 08/03/2016 50 1,297,200 246,000 Corporation Lundin Mining Rights Share Units Inkster, Marie 5 08/03/2016 56 114,000 60,000 Corporation Lundin Mining Options Lee Harrs, Julie 5 08/03/2016 50 750,000 195,000 Corporation Lundin Mining Rights Share Units Lee Harrs, Julie 5 08/03/2016 56 84,000 42,000 Corporation

March 17, 2016 (2016), 39 OSCB 2586

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Lundin Mining Options Magie, Jinhee 5 08/03/2016 50 804,000 132,000 Corporation Lundin Mining Rights Share Units Magie, Jinhee 5 08/03/2016 56 56,000 28,000 Corporation Lundin Mining Options McRae, Paul 5 08/03/2016 50 1,050,000 195,000 Corporation Lundin Mining Rights Share Units McRae, Paul 5 08/03/2016 56 84,000 42,000 Corporation Lundin Mining Options O’Brien, Neil Patrick 5 08/03/2016 50 909,000 132,000 Corporation Matthew Lundin Mining Rights Share Units O’Brien, Neil Patrick 5 08/03/2016 56 56,000 28,000 Corporation Matthew Lundin Mining Options Quinn, Peter 5 08/03/2016 50 600,000 210,000 Corporation Lundin Mining Rights Share Units Quinn, Peter 5 08/03/2016 56 114,000 60,000 Corporation Lundin Mining Options Riehm, Derek 5 08/03/2016 50 342,000 132,000 Corporation Lundin Mining Rights Share Units Riehm, Derek 5 08/03/2016 56 56,000 28,000 Corporation Lundin Mining Options Schauman, Mikael 5 08/03/2016 50 744,000 132,000 Corporation Lundin Mining Rights Share Units Schauman, Mikael 5 08/03/2016 56 56,000 28,000 Corporation Madalena Energy Inc. Common Shares Maglan Capital LP 3 09/03/2016 10 0.22 67,441,000 780,000 Madalena Energy Inc. Common Shares Maglan Capital LP 3 10/03/2016 10 0.21 68,021,500 580,500 Magna International Common Shares Magna International 1 29/02/2016 38 52.349 371,300 236,500 Inc. Inc. Magna International Common Shares Magna International 1 29/02/2016 38 38.705 580,880 209,580 Inc. Inc. Magna International Common Shares Palmer, Jeffrey 5 09/03/2016 51 28.51 228,431 20,000 Inc. Owen Magna International Options Palmer, Jeffrey 5 09/03/2016 51 28.51 131,495 -20,000 Inc. Owen Majescor Resources Common Shares Audet, André 4 02/03/2016 10 0.03 434,000 2,000 Inc. Majescor Resources Common Shares Audet, André 4 08/03/2016 10 0.035 504,000 70,000 Inc. Majescor Resources Common Shares Barrie, C. Tucker 4, 5 10/03/2016 10 0.04 966,000 5,000 Inc. Malbex Resources Inc. Options Celorrio, Ignacio 7 09/12/2014 52 0.8 516,666 -50,000 Malbex Resources Inc. Options Celorrio, Ignacio 7 12/10/2015 52 0.61 416,666 -100,000 Malbex Resources Inc. Options Celorrio, Ignacio 7 08/01/2016 37 -510,000 Malbex Resources Inc. Options Celorrio, Ignacio 7 08/01/2016 37 -510,000 Malbex Resources Inc. Options Celorrio, Ignacio 7 08/01/2016 37 25,000 -391,666 Malbex Resources Inc. Options Hamilton, Joseph 4 15/10/2015 52 0.61 250,000 -100,000 Andrew Malbex Resources Inc. Options Hamilton, Joseph 4 08/01/2016 37 -315,000 Andrew Malbex Resources Inc. Options Hamilton, Joseph 4 08/01/2016 37 25,000 -225,000 Andrew Malbex Resources Inc. Options MacGibbon, Terry 4 10/12/2014 52 0.8 150,000 -200,000 Malbex Resources Inc. Options MacGibbon, Terry 4 10/12/2015 52 50,000 -100,000 Malbex Resources Inc. Options MacGibbon, Terry 4 08/01/2016 37 -315,000 Malbex Resources Inc. Options MacGibbon, Terry 4 08/01/2016 37 25,000 -25,000 Mandalay Resources Common Shares Duffy, Dominic 5 18/03/2013 00 Corporation Francis Mandalay Resources Common Shares Duffy, Dominic 5 08/03/2016 51 150,000 150,000 Corporation Francis Mandalay Resources Common Shares Duffy, Dominic 5 08/03/2016 10 0.88 0 -150,000 Corporation Francis Mandalay Resources Options Duffy, Dominic 5 08/03/2016 51 1,050,000 -150,000 Corporation Francis Mandalay Resources Common Shares Jonker, Abraham 4 10/03/2016 10 0.88 615,197 -100,000 Corporation

March 17, 2016 (2016), 39 OSCB 2587

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Mandalay Resources Common Shares Mills, Bradford 4, 5 08/03/2016 51 0.56 25,070,063 1,750,000 Corporation Mandalay Resources Options Mills, Bradford 4, 5 08/03/2016 51 0.56 5,000,000 -1,750,000 Corporation Mandalay Resources Common Shares Sander, Mark 5 09/03/2016 51 0.56 5,900,480 375,000 Corporation VanDyke Mandalay Resources Options Sander, Mark 5 09/03/2016 51 0.56 1,350,000 -375,000 Corporation VanDyke Mandalay Resources Common Shares Swarup, Sanjay 4 04/03/2016 51 0.56 974,346 250,000 Corporation Mandalay Resources Common Shares Swarup, Sanjay 4 04/03/2016 10 0.87 939,246 -35,100 Corporation Mandalay Resources Common Shares Swarup, Sanjay 4 04/03/2016 10 0.88 856,346 -82,900 Corporation Mandalay Resources Common Shares Swarup, Sanjay 4 04/03/2016 10 0.89 724,346 -132,000 Corporation Mandalay Resources Options Swarup, Sanjay 4 04/03/2016 51 0.56 950,000 -250,000 Corporation Mandalay Resources Common Shares West Face Capital 3 07/03/2016 10 0.88 61,204,438 -700,000 Corporation Inc. Mangazeya Mining Ltd. Warrants Yanchukov, Sergey 3 04/03/2016 55 0 -204,010,013 Manitoba Telecom Common Shares Manitoba Telecom 1 10/02/2016 38 31.567 142,406 71,203 Services Inc. Services Inc. Manitoba Telecom Common Shares Manitoba Telecom 1 11/02/2016 38 31.383 213,609 71,203 Services Inc. Services Inc. Manitoba Telecom Common Shares Manitoba Telecom 1 12/02/2016 38 31.916 213,609 71,203 Services Inc. Services Inc. Manitoba Telecom Common Shares Manitoba Telecom 1 16/02/2016 38 32.1 284,812 71,203 Services Inc. Services Inc. Manitoba Telecom Common Shares Manitoba Telecom 1 17/02/2016 38 31.974 356,015 71,203 Services Inc. Services Inc. Manitoba Telecom Common Shares Manitoba Telecom 1 18/02/2016 38 32.248 743,618 387,603 Services Inc. Services Inc. Manitoba Telecom Common Shares Manitoba Telecom 1 19/02/2016 38 458,806 -284,812 Services Inc. Services Inc. Manitoba Telecom Common Shares Manitoba Telecom 1 19/02/2016 38 32.32 526,209 67,403 Services Inc. Services Inc. Manitoba Telecom Common Shares Manitoba Telecom 1 22/02/2016 38 32.34 597,412 71,203 Services Inc. Services Inc. Manitoba Telecom Common Shares Manitoba Telecom 1 23/02/2016 38 32.795 633,615 36,203 Services Inc. Services Inc. Manitoba Telecom Common Shares Manitoba Telecom 1 24/02/2016 38 32.99 653,918 20,303 Services Inc. Services Inc. Manitoba Telecom Common Shares Manitoba Telecom 1 26/02/2016 38 20,303 -633,615 Services Inc. Services Inc. Manitoba Telecom Common Shares Manitoba Telecom 1 29/02/2016 38 0 -20,303 Services Inc. Services Inc. Manitok Energy Inc. Options Dion, Robert George 5 07/03/2016 50 0.16 1,390,000 1,000,000 Manitok Energy Inc. Options Geremia, Bruno P. 4 07/03/2016 50 0.16 582,000 500,000 Manitok Energy Inc. Options Geremia, Massimo 5 07/03/2016 50 0.16 2,545,000 2,000,000 Mario Manitok Energy Inc. Options Jerhoff, Timothy 5 07/03/2016 50 0.16 1,450,000 1,000,000 Franklin Manitok Energy Inc. Options MacLeod, Roderick 4 07/03/2016 50 0.16 285,000 250,000 Keith Manitok Energy Inc. Options Martin, Donald 5 07/03/2016 50 0.16 1,325,000 1,000,000 Robert Manitok Energy Inc. Options Nerland, Dennis 4 07/03/2016 50 285,000 250,000 Leroy Manitok Energy Inc. Options Peterson, Greg 4 07/03/2016 50 0.16 332,000 250,000 Manitok Energy Inc. Options Spoletini, Tumasino 4 07/03/2016 50 0.16 582,000 500,000 Manitok Energy Inc. Options Vouri, Cameron 5 07/03/2016 50 0.16 1,022,000 300,000 Grant Manitou Gold Inc. Common Shares Arnold, Ronald, 4 04/03/2016 10 0.035 1,145,000 90,000 Francis

March 17, 2016 (2016), 39 OSCB 2588

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Manitou Gold Inc. Common Shares Arnold, Ronald, 4 04/03/2016 10 0.03 1,197,000 52,000 Francis Manitou Gold Inc. Common Shares Arnold, Ronald, 4 07/03/2016 10 0.03 1,245,000 48,000 Francis Manulife Financial Deferred Share Guloien, Donald A. 4, 5 31/12/2015 30 6,110 Corporation Units Manulife Financial Deferred Share Guloien, Donald A. 4, 5 31/12/2015 30 204,102 6,110 Corporation Units Martinrea International Common Shares D’Eramo, Frank 4 08/03/2016 10 7.4516 37,934 588 Inc. Patrick Martinrea International Common Shares D’Eramo, Frank 4 08/03/2016 10 7.4591 38,434 500 Inc. Patrick Martinrea International Common Shares D’Eramo, Frank 4 08/03/2016 10 7.4665 38,934 500 Inc. Patrick Martinrea International Common Shares D’Eramo, Frank 4 08/03/2016 10 7.474 44,134 5,200 Inc. Patrick Martinrea International Common Shares D’Eramo, Frank 4 08/03/2016 10 7.4815 44,334 200 Inc. Patrick Martinrea International Common Shares D’Eramo, Frank 4 08/03/2016 10 7.489 46,834 2,500 Inc. Patrick Martinrea International Common Shares D’Eramo, Frank 4 08/03/2016 10 7.4964 47,634 800 Inc. Patrick Martinrea International Common Shares D’Eramo, Frank 4 08/03/2016 10 7.5039 52,734 5,100 Inc. Patrick Martinrea International Common Shares D’Eramo, Frank 4 08/03/2016 10 7.5114 55,434 2,700 Inc. Patrick Martinrea International Common Shares D’Eramo, Frank 4 08/03/2016 10 7.4964 56,834 1,400 Inc. Patrick Martinrea International Common Shares D’Eramo, Frank 4 08/03/2016 10 7.5039 57,134 300 Inc. Patrick Martinrea International Common Shares Marinaccio, Rocco 5 03/03/2016 00 5,200 Inc. Martinrea International Options Options to Marinaccio, Rocco 5 03/03/2016 00 10,000 Inc. purchase common shares Martinrea International Common Shares Morsy, Hany 5 08/03/2016 10 10.04 14,300 2,500 Inc. Mawson West Limited Warrants Galena Private 3 02/03/2016 16 1,083,333,333 999,999,999 Equity Resources Fund LP Mawson West Limited Warrants Galena Private 3 02/03/2016 16 2,083,333,332 999,999,999 Equity Resources Fund LP Mawson West Limited Warrants Galena Private 3 18/12/2014 00 Equity Resources Fund LP Mawson West Limited Warrants Galena Private 3 02/03/2016 16 744,200,002 744,200,002 Equity Resources Fund LP MBN Corporation Units MBN Corporation 1 04/03/2016 38 5.35 700 700 MBN Corporation Units MBN Corporation 1 04/03/2016 38 0 -700 MBN Corporation Units MBN Corporation 1 07/03/2016 38 5.3389 900 900 MBN Corporation Units MBN Corporation 1 07/03/2016 38 0 -900 MBN Corporation Units MBN Corporation 1 08/03/2016 38 5.3 1,300 1,300 MBN Corporation Units MBN Corporation 1 08/03/2016 38 0 -1,300 MCAN Mortgage Common Shares Brill, David 8 08/06/2015 00 Corporation MCAN Mortgage Common Shares Brown, Carl Scott 5 05/01/2016 30 12.049 9,704 49 Corporation MCAN Mortgage Common Shares Brown, Carl Scott 5 19/01/2016 30 11.35 9,526 -178 Corporation MCAN Mortgage Common Shares Brown, Carl Scott 5 22/01/2016 30 11.6 9,577 51 Corporation MCAN Mortgage Common Shares Brown, Carl Scott 5 04/02/2016 30 12.16 9,626 49 Corporation MCAN Mortgage Common Shares Brown, Carl Scott 5 04/03/2016 30 12.57 9,673 47 Corporation

March 17, 2016 (2016), 39 OSCB 2589

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed MCAN Mortgage Common Shares Brown, Carl Scott 5 04/03/2016 30 12.6 9,721 48 Corporation MCAN Mortgage Common Shares Doré, Raymond 3 07/03/2016 10 13.15 858,018 -7,000 Corporation MCAN Mortgage Common Shares Doré, Raymond 3 08/03/2016 10 13.2 856,118 -1,900 Corporation MCAN Mortgage Common Shares Ioussoufovitch, Gleb 7 31/12/2015 30 12.864 1,785 483 Corporation MCAN Mortgage Restricted Share Misener, Michael 5 01/04/2006 00 Corporation Units MCAN Mortgage Restricted Share Misener, Michael 5 01/04/2006 00 Corporation Units MCAN Mortgage Restricted Share Patel, Dipti 5 16/08/2010 00 Corporation Units MCAN Mortgage Restricted Share Patel, Dipti 5 16/08/2010 00 Corporation Units MCAN Mortgage Restricted Share Pinto, Sylvia 5 19/04/2004 00 Corporation Units MCAN Mortgage Restricted Share Pinto, Sylvia 5 19/04/2004 00 Corporation Units MCAN Mortgage Restricted Share Sutherland, Derek 5 20/04/2004 00 Corporation Units MCAN Mortgage Restricted Share Sutherland, Derek 5 20/04/2004 00 Corporation Units MDC Partners Inc. Common Shares Copeland, Clare 4 07/03/2016 97 37,165 9,855 Class A Robert Subordinate Voting Shares MDC Partners Inc. Common Shares Copeland, Clare 4 07/03/2016 97 32,189 -4,976 Class A Robert Subordinate Voting Shares MDC Partners Inc. Restricted Stock Copeland, Clare 4 07/03/2016 97 15,383 -9,855 Units Robert MDC Partners Inc. Common Shares Coste, Andre 7, 5 17/02/2016 00 14,583 Class A Clement Denis Subordinate Voting Lucien Shares MDC Partners Inc. Common Shares Coste, Andre 7, 5 01/03/2016 97 21.4 32,546 17,963 Class A Clement Denis Subordinate Voting Lucien Shares MDC Partners Inc. Common Shares Coste, Andre 7, 5 01/03/2016 97 22,641 -9,905 Class A Clement Denis Subordinate Voting Lucien Shares MDC Partners Inc. Restricted Stock Coste, Andre 7, 5 17/02/2016 00 42,963 (US) Clement Denis Lucien MDC Partners Inc. Restricted Stock Coste, Andre 7, 5 01/03/2016 97 21.4 25,000 -17,963 (US) Clement Denis Lucien MDC Partners Inc. Common Shares Kauffman, Scott L. 4, 5 07/03/2016 97 281,214 9,855 Class A Subordinate Voting Shares MDC Partners Inc. Common Shares Kauffman, Scott L. 4, 5 07/03/2016 97 275,763 -5,451 Class A Subordinate Voting Shares MDC Partners Inc. Restricted Stock Kauffman, Scott L. 4, 5 07/03/2016 97 22.76 11,449 -9,855 (Class A Shares) MDC Partners Inc. Common Shares KIRBY, MICHAEL 4 07/03/2016 97 39,866 9,855 Class A Subordinate Voting Shares MDC Partners Inc. Common Shares KIRBY, MICHAEL 4 07/03/2016 97 34,890 -4,976 Class A Subordinate Voting Shares

March 17, 2016 (2016), 39 OSCB 2590

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed MDC Partners Inc. Restricted Stock KIRBY, MICHAEL 4 07/03/2016 97 19,449 -9,855 Units MDC Partners Inc. Restricted Stock Kramer, Lawrence 4 01/03/2016 00 5,000 (US) Stephen MDC Partners Inc. Restricted Stock O’Donovan, Anne 4 01/03/2016 00 (US) Marie MDC Partners Inc. Restricted Stock O’Donovan, Anne 4 01/03/2016 56 5,000 5,000 (US) Marie MDN INC. Common Shares David, Jean- 4 09/03/2016 10 0.03 371,060 67,000 Sébastien Meadow Bay Gold Common Shares Crupi, Christopher 4, 5 04/03/2016 16 0.05 4,300,930 1,750,000 Corporation Meadow Bay Gold Warrants Crupi, Christopher 4, 5 04/03/2016 16 3,211,647 1,750,000 Corporation Medicure Inc. Common Shares Merchant, Graeme 8 07/03/2016 10 7.15 52,217 -10,000 William Medicure Inc. Common Shares Merchant, Graeme 8 07/03/2016 10 7.16 48,017 -4,200 William Medicure Inc. Common Shares Merchant, Graeme 8 07/03/2016 10 7.17 47,017 -1,000 William Medicure Inc. Common Shares Merchant, Graeme 8 07/03/2016 10 7.2 39,817 -7,200 William Medicure Inc. Common Shares Merchant, Graeme 8 08/03/2016 10 7 23,517 -16,300 William Medicure Inc. Common Shares Merchant, Graeme 8 08/03/2016 10 7.01 17,217 -6,300 William Medicure Inc. Common Shares Merchant, Graeme 8 11/03/2016 10 6.3 18,717 1,500 William Memex Inc. Options Kaplanis, Spiros 4 26/02/2016 50 0.14 240,330 120,000 (Scott) Michael Metalcorp Limited Common Shares Gagne, Pierre 4 07/03/2016 10 0.005 14,304,442 1,000 Metalcorp Limited Common Shares Gagne, Pierre 4 09/03/2016 10 0.005 14,336,442 32,000 Metalcorp Limited Common Shares Gagne, Pierre 4 10/03/2016 10 0.005 14,431,442 95,000 Metalore Resources Common Shares Chilian, George 6 08/03/2016 10 2 405,600 1,000 Limited Metalore Resources Common Shares Chilian, George 6 08/03/2016 10 1.92 405,800 200 Limited Metalore Resources Common Shares Chilian, George 6 09/03/2016 10 1.75 405,900 100 Limited Metals Creek Common Shares Tsimidis, Nick 4, 5 30/07/2015 37 20,714 -124,286 Resources Corp. Metals Creek Common Shares Tsimidis, Nick 4, 5 30/07/2015 37 3,571 -21,429 Resources Corp. Metals Creek Common Shares Tsimidis, Nick 4, 5 30/07/2015 37 33,286 -199,714 Resources Corp. Metals Creek Common Shares Tsimidis, Nick 4, 5 30/07/2015 37 20,571 -123,429 Resources Corp. Metals Creek Common Shares Tsimidis, Nick 4, 5 30/07/2015 37 60,571 -363,429 Resources Corp. Metals Creek Common Shares Tsimidis, Nick 4, 5 30/07/2015 37 25,000 -150,000 Resources Corp. Metals Creek Common Shares Tsimidis, Nick 4, 5 31/12/2015 11 0 -25,000 Resources Corp. Metals Creek Options Tsimidis, Nick 4, 5 22/05/2015 52 310,000 -120,000 Resources Corp. Metals Creek Options Tsimidis, Nick 4, 5 30/07/2015 37 44,286 -265,714 Resources Corp. Metals Creek Options Tsimidis, Nick 4, 5 10/03/2016 52 30,000 -14,286 Resources Corp. Metals Creek Warrants Tsimidis, Nick 4, 5 19/11/2010 55 0 -75,000 Resources Corp. Metals Creek Warrants Tsimidis, Nick 4, 5 08/03/2010 55 0 -75,000 Resources Corp. Metanor Resources Common Shares Coffin, Tristram 4 07/03/2016 10 0.075 2,369,260 500,000 Inc. Metanor Resources Common Shares Coffin, Tristram 4 08/03/2016 10 0.07 2,569,260 200,000 Inc.

March 17, 2016 (2016), 39 OSCB 2591

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Metanor Resources Common Shares Sprott, Eric S. 3 01/03/2016 00 20,000,000 Inc. Metanor Resources Common Shares Sprott, Eric S. 3 03/03/2016 10 0.07 21,500,000 1,500,000 Inc. Metanor Resources Common Shares Sprott, Eric S. 3 08/03/2016 10 0.065 22,000,000 500,000 Inc. Metanor Resources Common Shares Sprott, Eric S. 3 10/03/2016 10 0.07 23,000,000 1,000,000 Inc. Metanor Resources Common Shares Sprott, Eric S. 3 01/03/2016 00 7,000,000 Inc. Metanor Resources Warrants Sprott, Eric S. 3 01/03/2016 00 20,000,000 Inc. Methanex Corporation Rights Performance ABRARY, NOJAN 7 04/03/2016 56 6,410 1,700 Share Units Methanex Corporation Rights Share ABRARY, NOJAN 7 04/03/2016 56 44,650 7,300 Appreciation Rights Methanex Corporation Rights Performance BACH, WENDY 5 04/03/2016 56 31,953 10,000 Share Units Methanex Corporation Rights Share BACH, WENDY 5 04/03/2016 56 167,100 44,000 Appreciation Rights Methanex Corporation Rights Performance Boyd, Bradley 5 04/03/2016 56 8,362 2,500 Share Units Methanex Corporation Rights Share Boyd, Bradley 5 04/03/2016 56 79,005 11,000 Appreciation Rights Methanex Corporation Rights Performance Cameron, Ian Peter 5 04/03/2016 56 34,953 13,000 Share Units Methanex Corporation Rights Share Cameron, Ian Peter 5 04/03/2016 56 261,000 57,000 Appreciation Rights Methanex Corporation Options Chadee, Rudinauth 7 04/03/2016 50 5,000 Methanex Corporation Options Chadee, Rudinauth 7 04/03/2016 50 5,000 Methanex Corporation Options Chadee, Rudinauth 7 04/03/2016 50 22,300 5,000 Methanex Corporation Rights Performance Chadee, Rudinauth 7 04/03/2016 56 1,700 Share Units Methanex Corporation Rights Performance Chadee, Rudinauth 7 04/03/2016 56 1,700 Share Units Methanex Corporation Rights Performance Chadee, Rudinauth 7 04/03/2016 56 4,240 1,100 Share Units Methanex Corporation Rights Restricted Cook, Phillip Henry 4 04/03/2016 56 3,942 2,300 Share Units Methanex Corporation Rights Performance Floren, John 4, 5 04/03/2016 56 145,483 45,000 Share Units Methanex Corporation Rights Share Floren, John 4, 5 04/03/2016 56 697,000 196,000 Appreciation Rights Methanex Corporation Rights Performance Gonzalez, Juan 7 04/03/2016 56 8,271 2,200 Share Units Enrique Methanex Corporation Rights Share Gonzalez, Juan 7 04/03/2016 56 40,800 9,300 Appreciation Rights Enrique Methanex Corporation Rights Restricted Hamilton, Tom 4 04/03/2016 56 10,802 4,600 Share Units Methanex Corporation Rights Performance Henderson, Kevin 5 04/03/2016 56 8,262 2,400 Share Units Methanex Corporation Rights Share Henderson, Kevin 5 04/03/2016 56 62,000 10,400 Appreciation Rights Methanex Corporation Rights Performance Herz, Mike 7 04/03/2016 56 34,073 10,000 Share Units Methanex Corporation Rights Share Herz, Mike 7 04/03/2016 56 170,000 44,000 Appreciation Rights Methanex Corporation Rights Performance Hognestad, Jone 7 04/03/2016 56 7,862 2,000 Share Units Methanex Corporation Rights Share Hognestad, Jone 7 04/03/2016 56 48,400 8,800 Appreciation Rights Methanex Corporation Rights Performance James, Vanessa 7 04/03/2016 56 34,073 10,000 Share Units Methanex Corporation Rights Share James, Vanessa 7 04/03/2016 56 170,000 44,000 Appreciation Rights Methanex Corporation Rights Restricted Kostelnik, Robert 4 04/03/2016 56 5,401 2,300 Share Units

March 17, 2016 (2016), 39 OSCB 2592

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Methanex Corporation Rights Performance Maddren, Simon 5 04/03/2016 56 8,062 2,200 Share Units Christopher Methanex Corporation Rights Share Maddren, Simon 5 04/03/2016 56 36,600 9,300 Appreciation Rights Christopher Methanex Corporation Rights Performance MALONEY, KEVIN 5 04/03/2016 56 8,062 2,200 Share Units Methanex Corporation Rights Share MALONEY, KEVIN 5 04/03/2016 56 45,000 9,300 Appreciation Rights Methanex Corporation Options Percy, Charles 7 04/03/2016 50 72,690 9,300 Methanex Corporation Rights Performance Percy, Charles 7 04/03/2016 56 7,958 2,200 Share Units Methanex Corporation Rights Deferred Poole, Albert 4 04/03/2016 56 54,443 2,300 Share Units Terence Methanex Corporation Rights Performance Price, Kevin 5 04/03/2016 56 5,533 2,200 Share Units Methanex Corporation Rights Share Price, Kevin 5 04/03/2016 56 33,750 9,300 Appreciation Rights Methanex Corporation Common Shares Shindy, Mohamed 7 08/03/2016 10 47.64 64 -136 Methanex Corporation Rights Performance Shindy, Mohamed 7 04/03/2016 56 2,520 1,700 Share Units Methanex Corporation Rights Share Shindy, Mohamed 7 04/03/2016 56 21,200 7,300 Appreciation Rights Methanex Corporation Rights Deferred Sloan, Monica 4 04/03/2016 56 48,226 2,300 Share Units Methanex Corporation Rights Performance Sumner, Rich 7, 5 04/03/2016 56 6,965 2,200 Share Units Methanex Corporation Rights Share Sumner, Rich 7, 5 04/03/2016 56 44,145 9,300 Appreciation Rights Methanex Corporation Options Valembois, David 5 04/03/2016 50 14,825 3,500 Methanex Corporation Rights Performance Valembois, David 5 04/03/2016 56 2,646 800 Share Units Methanex Corporation Rights Restricted WALKER, 4 30/04/2015 00 Share Units MARGARET REESE Methanex Corporation Rights Restricted WALKER, 4 04/03/2016 56 2,300 2,300 Share Units MARGARET REESE Methanex Corporation Rights Performance Weake, Harvey 5 04/03/2016 56 30,892 10,000 Share Units Methanex Corporation Rights Share Weake, Harvey 5 04/03/2016 56 245,000 44,000 Appreciation Rights Methanex Corporation Options Wiggins, Wade 7, 5 04/03/2016 50 60,900 9,300 Methanex Corporation Rights Performance Wiggins, Wade 7, 5 04/03/2016 56 8,062 2,200 Share Units Metro inc. Common Shares Metro inc. 1 02/02/2016 38 0 -200,000 Mettrum Health Corp. Common Shares Fencott, Trevor 4, 5 04/03/2016 10 1.65 1,769,800 -25,000 Mettrum Health Corp. Options Herriott, Gregory 7 03/03/2016 38 100,000 -50,000 Scott Mettrum Health Corp. Options Scorsis, George 5 03/03/2016 50 250,000 100,000 Middlefield Can-Global Trust Units Middlefield Can- 1 04/03/2016 10 11.05 3,152,188 -5,100 REIT Income Fund Global REIT Income Fund Midpoint Holdings Ltd. Common Shares Henderson, Marc 4 03/03/2016 10 0.145 2,716,000 -100,000 (formerly Javelina Charles Resources Ltd.) Minera Alamos Inc. Common Shares Koningen, Darren 4 02/03/2016 10 0.11 4,380,070 2,000 MINT Income Fund Trust Units MINT Income Fund 1 07/03/2016 38 6.35 63,200,082 600 MINT Income Fund Trust Units MINT Income Fund 1 08/03/2016 38 6.285 63,201,282 1,200 MINT Income Fund Trust Units MINT Income Fund 1 10/03/2016 38 6.33 63,202,882 1,600 Mitel Networks Common Shares Agnes, Robert Dale 5 08/09/2014 00 4,479 Corporation Mitel Networks Units Restricted Agnes, Robert Dale 5 04/03/2016 56 60,200 30,000 Corporation Stock Units Mitel Networks Units Restricted Agnes, Robert Dale 5 08/03/2016 57 52,650 -7,550 Corporation Stock Units Mitel Networks Options Ball, Benjamin 4, 6 04/03/2016 50 7.17 327,520 10,000 Corporation

March 17, 2016 (2016), 39 OSCB 2593

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Mitel Networks Rights Restricted Ball, Benjamin 4, 6 04/03/2016 56 30,000 10,000 Corporation Stock Units Mitel Networks Common Shares Bevington, Graham 5 08/03/2016 57 22,673 20,400 Corporation Mitel Networks Common Shares Bevington, Graham 5 08/03/2016 10 7.22 16,998 -5,675 Corporation Mitel Networks Options Bevington, Graham 5 03/03/2016 50 7.17 296,175 82,500 Corporation Mitel Networks Restricted Stock Bevington, Graham 5 04/03/2016 56 146,225 67,500 Corporation Units Mitel Networks Restricted Stock Bevington, Graham 5 08/03/2016 57 125,825 -20,400 Corporation Units Mitel Networks Common Shares Brinton, Jon 5 08/03/2016 57 34,328 12,750 Corporation Mitel Networks Common Shares Brinton, Jon 5 08/03/2016 10 7.22 29,702 -4,626 Corporation Mitel Networks Options Brinton, Jon 5 04/03/2016 50 7.17 203,400 49,500 Corporation Mitel Networks Restricted Stock Brinton, Jon 5 04/03/2016 56 88,625 40,500 Corporation Units Mitel Networks Restricted Stock Brinton, Jon 5 08/03/2016 57 75,875 -12,750 Corporation Units Mitel Networks Options Charbonneau, Peter 4 04/03/2016 50 7.17 185,185 10,000 Corporation D. Mitel Networks Rights Restricted Charbonneau, Peter 4 04/03/2016 56 20,000 10,000 Corporation Stock Units D. Mitel Networks Restricted Stock Davies, James 5 04/03/2016 56 14,500 3,000 Corporation Units Norman Mitel Networks Options Durow, Wesley Dean 5 04/03/2016 50 7.17 89,500 49,500 Corporation Mitel Networks Rights Restricted Durow, Wesley Dean 5 04/03/2016 56 60,500 40,500 Corporation Stock Units Mitel Networks Restricted Stock Hiscock, Gregory 5 04/03/2016 56 27,850 12,000 Corporation Units Mitel Networks Common Shares Kohli, Pardeep 5 07/03/2016 51 5.47 30,970 30,970 Corporation Mitel Networks Common Shares Kohli, Pardeep 5 07/03/2016 10 7.36 0 -30,970 Corporation Mitel Networks Options Kohli, Pardeep 5 07/03/2016 51 5.47 371,382 -30,970 Corporation Mitel Networks Common Shares Lokar, Thomas 5 05/02/2014 00 7,187 Corporation Gerald Mitel Networks Options Lokar, Thomas 5 04/03/2016 50 7.17 201,150 74,250 Corporation Gerald Mitel Networks Units Restricted Lokar, Thomas 5 04/03/2016 56 100,250 60,750 Corporation Stock Units Gerald Mitel Networks Units Restricted Lokar, Thomas 5 08/03/2016 57 90,375 -9,875 Corporation Stock Units Gerald Mitel Networks Common Shares Matthews, Terence 3, 4, 5 10/03/2016 57 25,201 11,900 Corporation Hedley Mitel Networks Options Matthews, Terence 3, 4, 5 04/03/2016 50 7.17 160,639 15,278 Corporation Hedley Mitel Networks Rights Restricted Matthews, Terence 3, 4, 5 04/03/2016 56 24,219 12,319 Corporation Stock Units Hedley Mitel Networks Rights Restricted Matthews, Terence 3, 4, 5 10/03/2016 57 12,319 -11,900 Corporation Stock Units Hedley Mitel Networks Common Shares McBee, Richard 4, 5 07/03/2016 57 134,407 19,438 Corporation Mitel Networks Common Shares McBee, Richard 4, 5 08/03/2016 57 202,133 67,726 Corporation Mitel Networks Common Shares McBee, Richard 4, 5 08/03/2016 10 7.23 182,317 -19,816 Corporation Mitel Networks Options McBee, Richard 4, 5 04/03/2016 50 7.17 2,305,500 280,500 Corporation Mitel Networks Restricted Stock McBee, Richard 4, 5 04/03/2016 56 549,300 229,500 Corporation Units

March 17, 2016 (2016), 39 OSCB 2594

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Mitel Networks Restricted Stock McBee, Richard 4, 5 07/03/2016 57 520,245 -29,055 Corporation Units Mitel Networks Restricted Stock McBee, Richard 4, 5 08/03/2016 57 452,519 -67,726 Corporation Units Mitel Networks Common Shares McCarthy, Douglas 5 08/03/2016 57 3,289 2,700 Corporation Kevin Mitel Networks Common Shares McCarthy, Douglas 5 08/03/2016 10 7.21 1,935 -1,354 Corporation Kevin Mitel Networks Restricted Stock McCarthy, Douglas 5 08/03/2016 57 6,950 -2,700 Corporation Units Kevin Mitel Networks Restricted Stock McCarthy, Michael 5 04/03/2016 56 16,875 6,500 Corporation Units William Mitel Networks Common Shares McHugh, John 4 08/03/2016 57 25,896 1,043 Corporation Mitel Networks Options McHugh, John 4 04/03/2016 50 7.17 145,499 10,000 Corporation Mitel Networks Rights Restricted McHugh, John 4 04/03/2016 56 21,273 11,273 Corporation Stock Units Mitel Networks Rights Restricted McHugh, John 4 08/03/2016 57 20,230 -1,043 Corporation Stock Units Mitel Networks Options Ramakrishna, 4 04/03/2016 50 7.17 62,500 10,000 Corporation Sudhakar Mitel Networks Rights Restricted Ramakrishna, 4 04/03/2016 56 17,500 10,000 Corporation Stock Units Sudhakar Mitel Networks Options Spooner, Steven 5 04/03/2016 50 7.17 604,625 165,000 Corporation Edward Mitel Networks Restricted Stock Spooner, Steven 5 04/03/2016 56 254,250 135,000 Corporation Units Edward Mitel Networks Common Shares Vitalone, Joseph 5 08/03/2016 57 23,854 23,758 Corporation Mitel Networks Common Shares Vitalone, Joseph 5 08/03/2016 10 7.22 17,283 -6,571 Corporation Mitel Networks Restricted Stock Vitalone, Joseph 5 08/03/2016 56 55,067 -23,758 Corporation Units Mitel Networks Common Shares Wellard, Ronald 5 08/03/2016 56 31,874 20,400 Corporation Mitel Networks Common Shares Wellard, Ronald 5 08/03/2016 10 7.21 21,638 -10,236 Corporation Mitel Networks Restricted Stock Wellard, Ronald 5 08/03/2016 57 58,325 -20,400 Corporation Units Mitel Networks Options Williams, David 4 04/03/2016 50 7.17 39,460 10,000 Corporation Michael Mitel Networks Rights Restricted Williams, David 4 04/03/2016 56 20,000 10,000 Corporation Stock Units Michael Montana Exploration Common Shares Collins, James 4 18/09/2015 36 0.1 34,625,000 20,000,000 Corp. William Montana Exploration Convertible Collins, James 4 18/09/2015 36 0.1 $0 -$2,000,000 Corp. Debentures William Montana Gold Mining Common Shares ELLWOOD, 5 09/03/2016 10 0.06 3,817,796 1,000 Company Inc. EDWARD LEITH Montana Gold Mining Common Shares ELLWOOD, 5 11/03/2016 10 0.06 3,818,796 1,000 Company Inc. EDWARD LEITH Mood Media Options von Stauffenberg, 4 23/12/2015 38 1,300,000 -150,000 Corporation (formerly Philippe Graf Schenk Fluid Music Canada, Inc.) Morguard Corporation Common Shares Morguard 1 08/03/2016 38 138 200 200 Corporation Morguard Corporation Common Shares Morguard 1 08/03/2016 38 0 -200 Corporation Mosaic Capital Common Shares KUNIK, Harold 4, 6, 08/03/2016 57 202,286 15,152 Corporation 7, 5 Mosaic Capital RSU-Common KUNIK, Harold 4, 6, 08/03/2016 57 39,729 -15,152 Corporation Share 7, 5 Mountain Province Common Shares Verley, Carl Gordon 4 09/03/2016 10 4.95 343,890 -10,000 Diamonds Inc.

March 17, 2016 (2016), 39 OSCB 2595

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Mountain Province Common Shares Verley, Carl Gordon 4 10/03/2016 10 5 341,490 -2,400 Diamonds Inc. Mountain Province Common Shares Verley, Carl Gordon 4 11/03/2016 10 5 333,890 -7,600 Diamonds Inc. Namaste Technologies Common Shares Barr, Harry 4, 6, 5 10/03/2016 10 0.105 437,111 2,000 Inc. (formerly Next Gen Metals Inc.) Nanotech Security Common Shares Landrock, Clinton 5 07/03/2016 10 1.18 1,486,508 -2,000 Corp. Kenneth Nanotech Security Common Shares Landrock, Clinton 5 07/03/2016 10 1.2 1,483,708 -2,800 Corp. Kenneth Nanotech Security Common Shares Landrock, Clinton 5 08/03/2016 51 0.8 1,508,708 25,000 Corp. Kenneth Nanotech Security Common Shares Landrock, Clinton 5 10/03/2016 10 1.25 1,499,308 -9,400 Corp. Kenneth Nanotech Security Common Shares Landrock, Clinton 5 10/03/2016 10 1.18 1,498,308 -1,000 Corp. Kenneth Nanotech Security Common Shares Landrock, Clinton 5 10/03/2016 10 1.24 1,498,008 -300 Corp. Kenneth Nanotech Security Options Landrock, Clinton 5 08/03/2016 51 109,200 -25,000 Corp. Kenneth Neovasc Inc. Common Shares JANZEN, DOUG 4 14/12/2015 99 1 121,538 65,000 Neovasc Inc. Options JANZEN, DOUG 4 14/12/2015 51 1 65,000 Neovasc Inc. Options JANZEN, DOUG 4 14/12/2015 51 1 65,000 Neovasc Inc. Options JANZEN, DOUG 4 14/12/2015 51 1 250,000 -65,000 Nevada Exploration Common Shares Buskard, James 5 02/03/2016 10 0.34 953,393 -33,500 Inc. Livingstone Nevada Sunrise Gold Common Shares Petterson, Brent 5 04/03/2016 11 0.18 150,000 100,000 Corporation Nevada Sunrise Gold Warrants Petterson, Brent 5 04/03/2016 11 0.3 100,000 50,000 Corporation New Dimension Options Hewett, Frederic 4, 5 10/03/2016 52 1.47 21,428 -3,571 Resources Ltd. George Newfoundland Capital Subordinate Voting Lurie, Ian 5 06/07/2015 00 Corporation Limited Shares Class A Newfoundland Capital Subordinate Voting Lurie, Ian 5 30/09/2015 30 10.44 449 449 Corporation Limited Shares Class A Newfoundland Capital Subordinate Voting Lurie, Ian 5 31/12/2015 30 10.4 1,180 731 Corporation Limited Shares Class A Newfoundland Capital Subordinate Voting Weatherby, Scott 5 31/12/2015 30 10.53 26,477 688 Corporation Limited Shares Class A G.M. NexC Partners Corp. Non-Voting Shares NexC Partners Corp. 1 01/02/2016 38 10.383 2,400 2,400 Class A NexC Partners Corp. Non-Voting Shares NexC Partners Corp. 1 02/02/2016 38 10.39 4,900 2,500 Class A NexC Partners Corp. Non-Voting Shares NexC Partners Corp. 1 03/02/2016 38 10.355 6,800 1,900 Class A NexC Partners Corp. Non-Voting Shares NexC Partners Corp. 1 04/02/2016 38 10.32 7,800 1,000 Class A NexC Partners Corp. Non-Voting Shares NexC Partners Corp. 1 09/02/2016 38 10.399 10,000 2,200 Class A NexC Partners Corp. Non-Voting Shares NexC Partners Corp. 1 11/02/2016 38 10.17 16,800 6,800 Class A NexC Partners Corp. Non-Voting Shares NexC Partners Corp. 1 17/02/2016 38 10.207 18,100 1,300 Class A NexC Partners Corp. Non-Voting Shares NexC Partners Corp. 1 19/02/2016 38 10.302 22,600 4,500 Class A NexC Partners Corp. Non-Voting Shares NexC Partners Corp. 1 22/02/2016 38 10.45 23,100 500 Class A NexC Partners Corp. Non-Voting Shares NexC Partners Corp. 1 23/02/2016 38 10.449 33,200 10,100 Class A NexC Partners Corp. Non-Voting Shares NexC Partners Corp. 1 24/02/2016 38 10.35 33,700 500 Class A NexC Partners Corp. Non-Voting Shares NexC Partners Corp. 1 26/02/2016 38 10.5 39,700 6,000 Class A NexC Partners Corp. Non-Voting Shares NexC Partners Corp. 1 29/02/2016 38 0 -39,700 Class A

March 17, 2016 (2016), 39 OSCB 2596

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed NexgenRx Inc. Common Shares Crossett, Paul 3 10/03/2016 10 0.155 499,638 23,000 Everett NexgenRx Inc. Common Shares Crossett, Paul 3 10/03/2016 10 0.15 1,038,500 21,000 Everett NexgenRx Inc. Common Shares Crossett, Paul 3 11/03/2016 10 0.155 1,053,500 15,000 Everett Nexus Gold Corp. Common Shares Berdusco, Peter 4, 7, 5 03/03/2016 10 0.05 1,810,370 400,000 Dean Nexus Gold Corp. Common Shares Berdusco, Peter 4, 7, 5 07/03/2016 10 0.07 1,770,370 -40,000 Dean Nexus Gold Corp. Common Shares Berdusco, Peter 4, 7, 5 09/03/2016 10 0.07 1,890,370 120,000 Dean Nobilis Health Corp. Common Shares Kramer, Donald L. 3 07/03/2016 57 2,000,000 200,000 (formerly Northstar Healthcare Inc.) Nobilis Health Corp. Restricted Stock Kramer, Donald L. 3 07/03/2016 57 0 -200,000 (formerly Northstar Units Healthcare Inc.) North American Energy Common Shares Ferron, Martin 4, 5 03/03/2016 10 2.46 1,136,897 2,100 Partners Inc. Robert North American Energy Common Shares Ferron, Martin 4, 5 08/03/2016 10 2.45 1,143,797 6,900 Partners Inc. Robert North Sea Energy Inc. Common Shares Anderson, James 4, 5 09/03/2016 10 0.025 4,641,218 16,000 (formerly, Ranger Craig Energy Ltd.) Northern Frontier Corp. Warrants Haynes, Trevor 4 04/03/2016 55 0 -232,558 (formerly Frontier Acquisition Corp.) Northern Superior Options LECOQ, Frederic 4 05/11/2015 50 0.05 375,000 75,000 Resources Inc. Georges Joseph Northfield Capital Common Shares Northfield Capital 1 01/03/2016 38 15.5 92,700 21,700 Corporation CLASS A Corporation RESTRICTED VOTING Northview Apartment Trust Units Anda, Richard Barry 5 11/03/2016 30 24.16 726 380 Real Estate Investment Trust Nouveau Monde Common Shares Tremblay, Nicolas 4 10/03/2016 10 0.16 377,000 20,000 Mining Enterprises Inc. NovaCopper Inc. Options NovaGold McConnell, Gerald 4 09/03/2016 52 7.49 75,770 -75,000 Arrangement James Options NovaCopper Inc. Options NovaGold Van Nieuwenhuyse, 5 09/03/2016 52 7.49 75,750 -200,000 Arrangement Rick Options NOVAGOLD Options McConnell, Gerald 4 09/03/2016 52 12.81 570,950 -75,000 RESOURCES INC. James NOVAGOLD Options Nauman, Clynton R. 4 09/03/2016 52 12.81 570,950 -75,000 RESOURCES INC. NOVAGOLD Options Van Nieuwenhuyse, 4, 5 09/03/2016 52 12.81 570,950 -200,000 RESOURCES INC. Rick NRG Metals Inc. Common Shares Drummond, Arthur 4 07/03/2016 11 390,448 18,366 Darryl NRG Metals Inc. Common Shares Drummond, Arthur 4 07/03/2016 11 0 -18,366 Darryl NUVISTA ENERGY Options MacPhail, Keith A.J. 4, 5 17/03/2014 50 8.79 43,000 15,000 LTD. NUVISTA ENERGY Options MacPhail, Keith A.J. 4, 5 01/07/2014 52 17.63 39,000 -4,000 LTD. Oban Mining Common Shares Burzynski, John 4, 5 11/03/2016 57 1.2 1,403,898 834,000 Corporation Feliks Oban Mining Common Shares Burzynski, John 4, 5 11/03/2016 36 1,445,568 41,670 Corporation Feliks Oban Mining Subscription Burzynski, John 4, 5 11/03/2016 57 1.2 0 -834,000 Corporation Receipts Feliks Oban Mining Warrants 2016 Burzynski, John 4, 5 11/12/2012 00 Corporation Feliks Oban Mining Warrants 2016 Burzynski, John 4, 5 11/03/2016 54 1.44 834,000 834,000 Corporation Feliks

March 17, 2016 (2016), 39 OSCB 2597

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Oban Mining Common Shares Coates, Bryan A. 6 11/03/2016 57 1.2 102,250 62,500 Corporation Oban Mining Common Shares Coates, Bryan A. 6 11/03/2016 36 268,930 166,680 Corporation Oban Mining Subscription Coates, Bryan A. 6 11/03/2016 57 1.2 0 -62,500 Corporation Receipts Oban Mining Warrants 2016 Coates, Bryan A. 6 25/08/2015 00 Corporation Oban Mining Warrants 2016 Coates, Bryan A. 6 11/03/2016 57 1.44 62,500 62,500 Corporation Oban Mining Common Shares Ferstman, Joanne 6 25/08/2015 00 Corporation Shari Oban Mining Common Shares Ferstman, Joanne 6 11/03/2016 36 1.2 41,700 41,700 Corporation Shari Oban Mining Subscription Ferstman, Joanne 6 11/03/2016 36 1.2 0 -41,700 Corporation Receipts Shari Oban Mining Warrants 2016 Ferstman, Joanne 6 25/08/2015 00 Corporation Shari Oban Mining Warrants 2016 Ferstman, Joanne 6 11/03/2016 36 1.44 41,700 41,700 Corporation Shari Oban Mining Common Shares Labbé, Pierre 6 25/08/2015 00 Corporation Oban Mining Common Shares Labbé, Pierre 6 11/03/2016 57 1.2 20,900 20,900 Corporation Oban Mining Subscription Labbé, Pierre 6 11/03/2016 57 1.2 0 -20,900 Corporation Receipts Oban Mining Warrants 2016 Labbé, Pierre 6 25/08/2015 00 Corporation Oban Mining Warrants 2016 Labbé, Pierre 6 11/03/2016 57 1.44 20,900 20,900 Corporation Oban Mining Common Shares Lévesque, Elif 6 25/08/2015 00 Corporation Oban Mining Common Shares Lévesque, Elif 6 11/03/2016 57 1.2 33,400 33,400 Corporation Oban Mining Common Shares Lévesque, Elif 6 11/03/2016 36 66,736 33,336 Corporation Oban Mining Subscription Lévesque, Elif 6 11/03/2016 57 1.2 0 -33,400 Corporation Receipts Oban Mining Warrants 2016 Lévesque, Elif 6 25/08/2015 00 Corporation Oban Mining Warrants 2016 Lévesque, Elif 6 11/03/2016 57 1.44 33,400 33,400 Corporation Oban Mining Common Shares OSISKO GOLD 3 11/03/2016 57 1.2 10,025,833 800,000 Corporation ROYALTIES LTD Oban Mining Common Shares OSISKO GOLD 3 11/03/2016 36 19,859,327 9,833,494 Corporation ROYALTIES LTD Oban Mining Subscription OSISKO GOLD 3 11/03/2016 57 1.2 0 -800,000 Corporation Receipts ROYALTIES LTD Oban Mining Warrants 2016 OSISKO GOLD 3 25/08/2015 00 Corporation ROYALTIES LTD Oban Mining Warrants 2016 OSISKO GOLD 3 11/03/2016 57 1.44 800,000 800,000 Corporation ROYALTIES LTD Oban Mining Common Shares Roosen, Sean 3, 4 11/03/2016 57 1.2 816,042 84,400 Corporation Oban Mining Common Shares Roosen, Sean 3, 4 11/03/2016 36 1,016,266 200,224 Corporation Oban Mining Subscription Roosen, Sean 3, 4 11/03/2016 57 1.2 0 -84,400 Corporation Receipts Oban Mining Warrants 2016 Roosen, Sean 3, 4 11/12/2012 00 Corporation Oban Mining Warrants 2016 Roosen, Sean 3, 4 11/03/2016 57 1.44 84,400 84,400 Corporation Oban Mining Common Shares Wares, Robert 4 11/03/2016 57 1.2 179,816 83,400 Corporation Oban Mining Common Shares Wares, Robert 4 11/03/2016 36 502,550 322,734 Corporation

March 17, 2016 (2016), 39 OSCB 2598

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Oban Mining Options Wares, Robert 4 11/03/2016 36 575,025 312,525 Corporation Oban Mining Subscription Wares, Robert 4 11/03/2016 57 1.2 0 -83,400 Corporation Receipts Oban Mining Warrants Wares, Robert 4 15/01/2013 00 Corporation Oban Mining Warrants Wares, Robert 4 11/03/2016 36 20,835 20,835 Corporation Oban Mining Warrants 2016 Wares, Robert 4 15/01/2013 00 Corporation Oban Mining Warrants 2016 Wares, Robert 4 11/03/2016 57 1.44 83,400 83,400 Corporation OceanaGold Common Shares Askew, James 4 08/03/2016 10 4 997,008 -100,000 Corporation OceanaGold Common Shares Cadzow, Mark David 5 08/03/2016 57 33,333 33,333 Corporation OceanaGold Options Cadzow, Mark David 5 08/03/2016 57 484,707 -33,333 Corporation OceanaGold Common Shares Holmes, Michael 5 08/03/2016 10 152,352 -100,000 Corporation Harvy Lou OceanaGold Common Shares Klinck, Darren Ervin 5 03/03/2016 10 3.79 89 -87,000 Corporation Charles OceanaGold Common Shares MA, YUWEN 5 08/03/2016 10 71,154 -20,000 Corporation OceanaGold Common Shares Myckatyn, William 4 10/03/2016 30 2.6214 54,856 33,333 Corporation Harry OceanaGold Common Shares Myckatyn, William 4 10/03/2016 10 3.73 21,523 -33,333 Corporation Harry OceanaGold Options Myckatyn, William 4 10/03/2016 51 2.6214 47,155 -33,333 Corporation Harry OceanaGold Common Shares Wilkes, Michael 4 09/03/2016 10 3.95 568,795 -24,673 Corporation Francis OceanaGold Common Shares Wilkes, Michael 4 10/03/2016 10 4.03 518,795 -50,000 Corporation Francis OceanaGold Common Shares Wilkes, Michael 4 10/03/2016 10 4 468,795 -50,000 Corporation Francis OceanaGold Common Shares Wilkes, Michael 4 10/03/2016 10 4.05 418,795 -50,000 Corporation Francis Oil Sands Sector Fund Trust Units Oil Sands Sector 1 01/02/2016 38 3.6 500 500 Fund Oil Sands Sector Fund Trust Units Oil Sands Sector 1 01/02/2016 38 3.6 0 -500 Fund Olympia Financial Common Shares Bell, James Geral 7 09/03/2016 10 21.5 2,450 350 Group Inc. Olympia Financial Common Shares Bell, James Geral 7 01/02/2010 00 Group Inc. Olympia Financial Common Shares Bell, James Geral 7 09/03/2016 10 21.5 300 300 Group Inc. Olympia Financial Common Shares Bell, James Geral 7 11/03/2016 10 21.5 500 200 Group Inc. Olympia Financial Common Shares Fry, Robert 5 17/11/1996 00 Group Inc. Alexander Olympia Financial Common Shares Fry, Robert 5 17/11/1996 00 Group Inc. Alexander Olympia Financial Common Shares Fry, Robert 5 17/11/1996 00 Group Inc. Alexander Olympia Financial Common Shares Fry, Robert 5 27/08/2014 10 35.25 -100 Group Inc. Alexander Olympia Financial Common Shares Fry, Robert 5 27/08/2014 10 35.25 -100 Group Inc. Alexander Olympia Financial Common Shares Fry, Robert 5 27/08/2014 10 35.25 -100 Group Inc. Alexander Olympia Financial Common Shares Fry, Robert 5 29/08/2014 10 35.9 -500 Group Inc. Alexander Olympia Financial Common Shares Fry, Robert 5 29/08/2014 10 35.9 -500 Group Inc. Alexander

March 17, 2016 (2016), 39 OSCB 2599

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Olympia Financial Common Shares Fry, Robert 5 29/08/2014 10 35.9 -500 Group Inc. Alexander Olympia Financial Common Shares Fry, Robert 5 05/09/2014 10 36.25 -500 Group Inc. Alexander Olympia Financial Common Shares Fry, Robert 5 05/09/2014 10 36.25 -500 Group Inc. Alexander Olympia Financial Common Shares Fry, Robert 5 05/09/2014 10 36.25 -500 Group Inc. Alexander Olympia Financial Common Shares Fry, Robert 5 24/09/2014 10 36 -500 Group Inc. Alexander Olympia Financial Common Shares Fry, Robert 5 24/09/2014 10 36 -500 Group Inc. Alexander Olympia Financial Common Shares Fry, Robert 5 24/09/2014 10 36 -500 Group Inc. Alexander Olympia Financial Common Shares Fry, Robin 5 02/09/2014 10 35.9 5,700 -500 Group Inc. Olympia Financial Common Shares Fry, Robin 5 02/09/2014 10 35.25 5,600 -100 Group Inc. Olympia Financial Common Shares Fry, Robin 5 05/09/2014 10 36.25 5,100 -500 Group Inc. Olympia Financial Common Shares Fry, Robin 5 25/09/2014 10 36 4,600 -500 Group Inc. Olympia Financial Common Shares Fry, Robin 5 27/06/2003 00 Group Inc. Olympia Financial Common Shares Fry, Robin 5 27/06/2003 00 17,250 Group Inc. Olympia Financial Common Shares Fry, Robin 5 27/06/2003 00 Group Inc. Olympia Financial Common Shares Fry, Robin 5 27/06/2003 00 9,700 Group Inc. Olympia Financial Common Shares Skauge, Rick 3, 4, 5 07/03/2016 10 21.8 12,689 165 Group Inc. Olympia Financial Common Shares Skauge, Rick 3, 4, 5 07/03/2016 10 21.88 13,089 400 Group Inc. Olympia Financial Common Shares Wilson, James Todd 7 09/03/2016 10 21 800 300 Group Inc. OREX MINERALS Common Shares Wilmot, Ross 4, 5 10/03/2016 54 0.3 694,800 100,000 INC. OREX MINERALS Warrants Wilmot, Ross 4, 5 10/03/2016 54 0.3 111,400 -100,000 INC. Organto Foods Inc. Common Shares Giustra, Robert 4, 5 09/03/2016 10 0.2732 620,296 33,000 Organto Foods Inc. Common Shares Giustra, Robert 4, 5 09/03/2016 10 0.3 720,296 100,000 Organto Foods Inc. Common Shares Giustra, Robert 4, 5 09/03/2016 10 0.305 725,296 5,000 Organto Foods Inc. Common Shares Giustra, Robert 4, 5 09/03/2016 10 0.31 737,296 12,000 Organto Foods Inc. Common Shares Giustra, Robert 4, 5 10/03/2016 10 0.265 745,296 8,000 Organto Foods Inc. Common Shares Giustra, Robert 4, 5 10/03/2016 10 0.29 769,296 24,000 Organto Foods Inc. Common Shares Giustra, Robert 4, 5 11/03/2016 10 0.3223 872,296 103,000 Organto Foods Inc. Common Shares Giustra, Robert 4, 5 11/03/2016 10 0.35 972,296 100,000 Oryx Petroleum Common Shares Karim, Baz Raouf 3, 6 01/03/2016 00 Corporation Limited Oryx Petroleum Common Shares Karim, Baz Raouf 3, 6 01/03/2016 00 Corporation Limited Oryx Petroleum Common Shares Karim, Baz Raouf 3, 6 01/03/2016 11 0.3963 75,683,994 Corporation Limited Oryx Petroleum Common Shares Karim, Baz Raouf 3, 6 01/03/2016 11 0.3963 75,683,994 Corporation Limited Oryx Petroleum Common Shares Karim, Baz Raouf 3, 6 01/03/2016 00 Corporation Limited Oryx Petroleum Common Shares Karim, Baz Raouf 3, 6 01/03/2016 11 0.3963 75,683,994 75,683,994 Corporation Limited Oryx Petroleum Common Shares Zeg Oil and Gas Ltd. 3 01/02/2016 00 Corporation Limited Oryx Petroleum Common Shares Zeg Oil and Gas Ltd. 3 01/03/2016 11 0.3963 75,683,994 75,683,994 Corporation Limited

March 17, 2016 (2016), 39 OSCB 2600

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed OSISKO GOLD Rights Restricted Archer, Paul 5 15/10/2015 30 14.42 8,936 19 ROYALTIES LTD Share Units/Unités d’actions restreintes OSISKO GOLD Rights Restricted Archer, Paul 5 15/01/2016 30 14 8,962 26 ROYALTIES LTD Share Units/Unités d’actions restreintes OSISKO GOLD Rights Deferred Bertrand, Françoise 4 15/10/2015 30 14.42 20,930 43 ROYALTIES LTD Share Units/Unités d’actions différées OSISKO GOLD Rights Deferred Bertrand, Françoise 4 15/01/2016 30 14 20,990 60 ROYALTIES LTD Share Units/Unités d’actions différées OSISKO GOLD Rights Deferred Bradley, Victor 4 15/10/2015 30 14.42 21,133 44 ROYALTIES LTD Share Units/Unités d’actions différées OSISKO GOLD Rights Deferred Bradley, Victor 4 15/01/2016 30 14 21,193 60 ROYALTIES LTD Share Units/Unités d’actions différées OSISKO GOLD Rights Restricted Burzynski, John 4, 5 15/10/2015 30 14.42 74,478 155 ROYALTIES LTD Share Units/Unités Feliks d’actions restreintes OSISKO GOLD Rights Restricted Burzynski, John 4, 5 15/01/2016 30 14 74,691 213 ROYALTIES LTD Share Units/Unités Feliks d’actions restreintes OSISKO GOLD Rights Restricted Coates, Bryan A. 5 15/10/2015 30 14.42 74,478 155 ROYALTIES LTD Share Units/Unités d’actions restreintes OSISKO GOLD Rights Restricted Coates, Bryan A. 5 15/01/2016 30 14 74,691 213 ROYALTIES LTD Share Units/Unités d’actions restreintes OSISKO GOLD Rights Restricted de la Plante, Joseph 5 15/10/2015 30 14.42 38,349 80 ROYALTIES LTD Share Units/Unités d’actions restreintes OSISKO GOLD Rights Restricted de la Plante, Joseph 5 15/01/2016 30 14 38,459 110 ROYALTIES LTD Share Units/Unités d’actions restreintes OSISKO GOLD Rights Deferred Ferstman, Joanne 4 15/10/2015 30 14.42 31,698 66 ROYALTIES LTD Share Units/Unités Shari d’actions différées OSISKO GOLD Rights Deferred Ferstman, Joanne 4 15/01/2016 30 14 31,789 91 ROYALTIES LTD Share Units/Unités Shari d’actions différées OSISKO GOLD Rights Restricted Gaumond, André 4, 5 15/10/2015 30 14.42 23,795 49 ROYALTIES LTD Share Units/Unités d’actions restreintes OSISKO GOLD Rights Restricted Gaumond, André 4, 5 15/01/2016 30 14 23,863 68 ROYALTIES LTD Share Units/Unités d’actions restreintes OSISKO GOLD Rights Deferred Labbé, Pierre 4 15/10/2015 30 14.42 11,514 24 ROYALTIES LTD Share Units/Unités d’actions différées OSISKO GOLD Rights Deferred Labbé, Pierre 4 15/01/2016 30 14 11,547 33 ROYALTIES LTD Share Units/Unités d’actions différées OSISKO GOLD Rights Restricted Le Bel, André 5 15/10/2015 30 14.42 17,470 36 ROYALTIES LTD Share Units/Unités d’actions restreintes OSISKO GOLD Rights Restricted Le Bel, André 5 15/01/2016 30 14 17,520 50 ROYALTIES LTD Share Units/Unités d’actions restreintes OSISKO GOLD Rights Restricted Lessard, Luc 5 15/10/2015 30 14.42 23,795 49 ROYALTIES LTD Share Units/Unités d’actions restreintes OSISKO GOLD Rights Restricted Lessard, Luc 5 15/01/2016 30 14 23,863 68 ROYALTIES LTD Share Units/Unités d’actions restreintes OSISKO GOLD Rights Restricted Lévesque, Elif 5 15/10/2015 30 14.42 51,727 107 ROYALTIES LTD Share Units/Unités d’actions restreintes

March 17, 2016 (2016), 39 OSCB 2601

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed OSISKO GOLD Rights Restricted Lévesque, Elif 5 15/01/2016 30 14 51,875 148 ROYALTIES LTD Share Units/Unités d’actions restreintes OSISKO GOLD Rights Deferred PAGE, CHARLES 4 15/10/2015 30 14.42 21,133 44 ROYALTIES LTD Share Units/Unités ELIJAH d’actions différées OSISKO GOLD Rights Deferred PAGE, CHARLES 4 15/01/2016 30 14 21,193 60 ROYALTIES LTD Share Units/Unités ELIJAH d’actions différées OSISKO GOLD Rights Restricted Roosen, Sean 4, 5 15/10/2015 30 14.42 99,337 206 ROYALTIES LTD Share Units/Unités d’actions restreintes OSISKO GOLD Rights Restricted Roosen, Sean 4, 5 15/01/2016 30 14 99,621 284 ROYALTIES LTD Share Units/Unités d’actions restreintes Otis Gold Corp. Common Shares Norwich, Roger 4 07/03/2016 10 0.15 7,328,000 20,000 Otis Gold Corp. Common Shares Norwich, Roger 4 08/03/2016 10 0.155 7,333,000 5,000 Pacgen Life Science Common Shares YIP, CHRISTINA 5 01/03/2016 10 0.05 4,571,821 15,000 Corporation Pacific & Western Bank Common Shares 340268 Ontario 3 09/03/2016 16 7.6 1,174,712 657,894 of Canada Limited Pacific Exploration & Notes Exp. 2021 Iacono, Serafino 4, 5 08/03/2016 90 $3,300,000 $2,300,000 Production Corporation Pacific Exploration & Notes Exp. 2021 Iacono, Serafino 4, 5 08/03/2016 90 $0 -$2,300,000 Production Corporation Pacific Therapeutics Common Shares Gusko, Brian 4 04/03/2016 10 389,645 -200,000 Ltd. Pacific Therapeutics Common Shares Unwin, Dougas 3 10/03/2016 10 0.05 4,015,667 -300,000 Ltd. Harry Painted Pony Common Shares Cornhill, David 4 07/03/2016 10 4.43 40,315 10,000 Petroleum Ltd. Wallace Painted Pony Common Shares Cornhill, David 4 07/03/2016 10 4.44 48,815 8,500 Petroleum Ltd. Wallace Painted Pony Common Shares Cornhill, David 4 07/03/2016 10 4.4 50,315 1,500 Petroleum Ltd. Wallace Painted Pony Common Shares Cornhill, David 4 07/03/2016 10 4.4069 60,315 10,000 Petroleum Ltd. Wallace Painted Pony Common Shares Kis, Lynn 4 08/03/2016 10 4.22 34,038 1,375 Petroleum Ltd. Panoro Minerals Ltd. Common Shares Boden, William John 4 10/03/2016 10 0.143 10,469,120 5,000 Parallel Energy Trust Trust Units Foulkes, Hilary, 4 17/09/2015 10 0.035 25,000 -2,000 Amber Park Lawn Corporation Common Shares Scott, Steven 4 08/03/2016 57 11.5 3,000 3,000 Park Lawn Corporation Common Shares Scott, Steven 4 30/04/2014 00 Park Lawn Corporation Common Shares Scott, Steven 4 30/04/2014 00 Park Lawn Corporation Common Shares Scott, Steven 4 08/03/2016 57 11.5 2,500 2,500 Park Lawn Corporation Subscription Rights Scott, Steven 4 08/03/2016 57 11.5 0 -3,000 Park Lawn Corporation Subscription Rights Scott, Steven 4 08/03/2016 57 11.5 0 -2,500 Parkland Fuel Common Shares van de Sande, 5 04/03/2016 00 210 Corporation Patricia Partners Real Estate Units Charlebois, Marc 4 31/12/2015 30 3.16 59 Investment Trust Yves Joseph Partners Real Estate Units Charlebois, Marc 4 31/12/2015 30 3.16 5,059 59 Investment Trust Yves Joseph Partners Real Estate Units Charlebois, Marc 4 22/01/2016 30 3.076 5,093 34 Investment Trust Yves Joseph Partners Real Estate Units Charlebois, Marc 4 18/02/2016 30 3.1048 5,127 34 Investment Trust Yves Joseph Partners Real Estate Units Domenico, Jane 5 15/01/2016 30 3.076 89 Investment Trust Partners Real Estate Units Domenico, Jane 5 15/01/2016 30 3.076 89 Investment Trust Partners Real Estate Units Domenico, Jane 5 15/02/2016 30 3.1048 89 Investment Trust Partners Real Estate Units Domenico, Jane 5 15/02/2016 30 3.1048 89 Investment Trust

March 17, 2016 (2016), 39 OSCB 2602

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Partners Real Estate Units Domenico, Jane 5 15/01/2016 30 3.076 13,289 89 Investment Trust Partners Real Estate Units Domenico, Jane 5 15/02/2016 30 3.1048 13,378 89 Investment Trust Partners Real Estate Units Nyilassy, Simon 4 22/01/2016 30 3.08 41,952 282 Investment Trust Partners Real Estate Units Nyilassy, Simon 4 18/02/2016 30 3.11 42,233 281 Investment Trust Pasinex Resources Common Shares Rainer, Joachim 4 07/03/2016 11 0.0435 500,000 Limited Pasinex Resources Common Shares Rainer, Joachim 4 07/03/2016 11 0.045 2,400,000 500,000 Limited Pasinex Resources Common Shares Rainer, Joachim 4 13/11/2014 00 Limited Pasinex Resources Common Shares Rainer, Joachim 4 13/11/2014 00 Limited Pasinex Resources Common Shares Rainer, Joachim 4 07/03/2016 11 0.05 250,000 Limited Pasinex Resources Common Shares Rainer, Joachim 4 07/03/2016 11 0.05 250,000 Limited Pasinex Resources Common Shares Rainer, Joachim 4 13/11/2014 00 Limited (formerly Triple Dragon Resources Inc.) Pasinex Resources Common Shares Rainer, Joachim 4 13/11/2014 00 1,105,000 Limited (formerly Triple Dragon Resources Inc.) Pason Systems Inc. Common Shares Hill, James Douglas 3, 4, 5 07/03/2016 10 16.902 10,833,480 -442,300 Pason Systems Inc. Common Shares Smith, Russell 5 08/03/2016 10 12.11 8,790 500 Pathfinder Income Trust Units Pathfinder 1 08/03/2016 10 8.3481 8,244,383 -16,000 Fund Convertible Debenture Fund Pathfinder Income Trust Units Pathfinder 1 09/03/2016 10 8.3646 8,205,383 -39,000 Fund Convertible Debenture Fund Pathfinder Income Trust Units Pathfinder 1 10/03/2016 10 8.4 8,202,283 -3,100 Fund Convertible Debenture Fund Pembina Pipeline Options Andersen, Harold 5 08/03/2016 50 33.8 31,685 15,885 Corporation Pembina Pipeline Options Burrows, J. Scott 5 08/03/2016 50 33.8 48,810 34,440 Corporation Pembina Pipeline Options Charlesworth, Allan 5 08/03/2016 50 33.8 26,500 12,130 Corporation Pembina Pipeline Options D’Orazio, Claudia 5 08/03/2016 50 33.8 26,500 12,130 Corporation Pembina Pipeline Options Dilger, Michael H. 5 08/03/2016 50 33.8 260,305 170,215 Corporation Pembina Pipeline Options Gruszecki, Andrew 5 08/03/2016 50 33.8 37,655 14,895 Corporation W. Pembina Pipeline Options Jones, Robert M. 5 08/03/2016 50 33.8 37,655 14,895 Corporation Pembina Pipeline Options Lock, Robert Duncan 5 08/03/2016 50 33.8 41,905 19,145 Corporation Pembina Pipeline Common Shares Massecar, Michael 5 22/02/2016 30 19,155 805 Corporation Pembina Pipeline Common Shares Massecar, Michael 5 22/02/2016 30 883 30 Corporation Pembina Pipeline Common Shares Massecar, Michael 5 22/02/2016 30 358 9 Corporation Pembina Pipeline Options Murphy, Paul John 5 08/03/2016 50 33.8 73,290 40,960 Corporation Pembina Pipeline Options Smith, Brad 5 15/10/2014 00 Corporation Pembina Pipeline Options Sprott, Jaret 5 05/01/2015 00 Corporation

March 17, 2016 (2016), 39 OSCB 2603

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Pembina Pipeline Options Sprott, Jaret 5 08/03/2016 50 33.8 12,770 12,770 Corporation Pembina Pipeline Options Sulkers, Deborah 5 08/03/2016 50 33.8 32,165 13,195 Corporation Ann Pembina Pipeline Options Taylor, Stuart 5 08/03/2016 50 33.8 73,290 40,960 Corporation Pembina Pipeline Options Wiun, Jason Travis 5 08/03/2016 50 33.8 27,140 12,770 Corporation Pengrowth Energy Convertible Pengrowth Energy 1 29/02/2016 38 0.749 $17,000 $17,000 Corporation Debentures 6.25% Corporation Series B Pengrowth Energy Convertible Pengrowth Energy 1 29/02/2016 38 $0 -$17,000 Corporation Debentures 6.25% Corporation Series B Pengrowth Energy Debentures Series Pengrowth Energy 1 31/12/2010 00 Corporation B Corporation Pennine Petroleum Common Shares Saxinger, Jeffrey 4 09/03/2016 10 1,709,008 274,000 Corporation Walter People Corporation Common Shares Anderson, Scott 4 03/03/2016 10 2.55 5,000 Cameron People Corporation Common Shares Anderson, Scott 4 03/03/2016 10 2.55 1,451,763 -5,000 Cameron People Corporation Common Shares Anderson, Scott 4 04/03/2016 10 2.58 1,446,763 -5,000 Cameron People Corporation Options Horner, Graeme 7 08/03/2016 50 2.94 10,398 10,398 Jeremy Performance Sports Common Shares Desmarais Family 3 09/03/2016 00 6,211,288 Group Ltd. (formerly, Residuary Trust Bauer Performance Sports Ltd.) PERSEUS MINING Common Shares Bosboom, Martijn 5 11/03/2016 10 0.4 0 -40,000 LIMITED Ordinary Paul PERSEUS MINING Common Shares Brown, Elissa Sarah 5 11/03/2016 10 0.4 151,250 -80,000 LIMITED Ordinary Petro One Energy Common Shares Chornobay, William 5 10/03/2016 22 0 -289,414 Corp. Petro One Energy Common Shares Chornobay, William 5 10/03/2016 22 0 -929,286 Corp. Petro One Energy Options Chornobay, William 5 10/03/2016 38 0 -3,000,000 Corp. Petro One Energy Common Shares King, Terrence Earl 4, 5 10/03/2016 22 0 -8,000 Corp. Petro One Energy Options King, Terrence Earl 4, 5 10/03/2016 38 0 -3,000,000 Corp. Petro One Energy Warrants King, Terrence Earl 4, 5 26/07/2015 55 0 -1,000,000 Corp. Petro One Energy Options Zhang, Yilu (Lucy) 5 10/03/2016 38 0 -1,000,000 Corp. Photon Control Inc. Common Shares Photon Control Inc. 1 23/02/2016 38 0.71 30,000 30,000 Photon Control Inc. Common Shares Photon Control Inc. 1 25/02/2016 38 0.7 56,000 26,000 Photon Control Inc. Common Shares Photon Control Inc. 1 25/02/2016 38 0.6841 73,000 17,000 Photon Control Inc. Common Shares Photon Control Inc. 1 26/02/2016 38 0.68 80,000 7,000 Photon Control Inc. Common Shares Photon Control Inc. 1 29/02/2016 38 0.7 130,000 50,000 Photon Control Inc. Common Shares Photon Control Inc. 1 04/03/2016 38 0.71 100,000 -30,000 Photon Control Inc. Common Shares Photon Control Inc. 1 04/03/2016 38 0.6937 57,000 -43,000 Photon Control Inc. Common Shares Photon Control Inc. 1 04/03/2016 38 0.68 50,000 -7,000 Photon Control Inc. Common Shares Photon Control Inc. 1 04/03/2016 38 0.7 0 -50,000 PHX Energy Services Retention Awards Athaide, Judith 4 07/03/2016 57 2 -3,333 Corp. (Cash-based Only) PHX Energy Services Retention Awards Athaide, Judith 4 07/03/2016 57 1.92 80,260 -3,333 Corp. (Cash-based Only) PHX Energy Services Retention Awards Bailey, James 4 07/03/2016 57 1.92 69,757 -3,333 Corp. (Cash-based Only) Cameron PHX Energy Services Retention Awards Brown, Craig 5 07/03/2016 57 1.92 129,058 -20,919 Corp. (Cash-based Only)

March 17, 2016 (2016), 39 OSCB 2604

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed PHX Energy Services Retention Awards Brown, Craig 5 07/03/2016 57 1.92 122,569 -6,489 Corp. (Cash-based Only) PHX Energy Services Retention Awards Buker, Michael 5 07/03/2016 57 1.92 137,182 -20,919 Corp. (Cash-based Only) Leslie PHX Energy Services Retention Awards Buker, Michael 5 07/03/2016 57 1.92 127,449 -9,733 Corp. (Cash-based Only) Leslie PHX Energy Services Retention Awards Charron, Randolph 4 07/03/2016 57 1.92 61,119 -3,333 Corp. (Cash-based Only) M PHX Energy Services Retention Awards Hibbard, Lawrence 4 07/03/2016 57 1.92 82,920 -3,333 Corp. (Cash-based Only) M. PHX Energy Services Retention Awards Hooks, John Michael 5 07/03/2016 57 1.92 207,101 -33,534 Corp. (Cash-based Only) PHX Energy Services Retention Awards Hooks, John Michael 5 07/03/2016 57 1.92 187,636 -19,465 Corp. (Cash-based Only) PHX Energy Services Retention Awards Ritchie, Cameron 5 07/03/2016 57 1.92 116,841 -20,919 Corp. (Cash-based Only) Michael PHX Energy Services Retention Awards Ritchie, Cameron 5 07/03/2016 57 1.92 113,596 -3,245 Corp. (Cash-based Only) Michael PHX Energy Services Retention Awards Shafer, Jeffery John 5 07/03/2016 57 1.92 48,334 -2,500 Corp. (Cash-based Only) PHX Energy Services Retention Awards Tetreault, Myron 4 07/03/2016 57 1.92 91,197 -3,333 Corp. (Cash-based Only) Arthur PHX Energy Services Retention Awards Thomas, Roger Dale 4 07/03/2016 57 1.92 69,063 -3,333 Corp. (Cash-based Only) Pilot Gold Inc. Common Shares Everett, Calvin 5 22/02/2016 00 Clovis Pilot Gold Inc. Common Shares Everett, Calvin 5 04/03/2016 16 0.25 2,600,000 2,600,000 Clovis Pilot Gold Inc. Warrants Everett, Calvin 5 22/02/2016 00 Clovis Pilot Gold Inc. Warrants Everett, Calvin 5 04/03/2016 16 0.4 1,300,000 1,300,000 Clovis Pilot Gold Inc. Common Shares Holmes, Alexander 5 04/03/2016 16 0.25 266,500 240,000 Pilot Gold Inc. Warrants Holmes, Alexander 5 04/03/2016 16 0.4 120,000 120,000 Pilot Gold Inc. Common Shares O’Dea, Mark Gerard 4 03/03/2016 16 0.25 23,200 Pilot Gold Inc. Common Shares O’Dea, Mark Gerard 4 04/03/2016 16 0.25 2,853,322 1,334,000 Pilot Gold Inc. Common Shares O’Dea, Mark Gerard 4 04/03/2016 16 0.25 3,524,122 670,800 Pilot Gold Inc. Common Shares O’Dea, Mark Gerard 4 04/03/2016 16 0.25 3,547,322 23,200 Pilot Gold Inc. Common Shares O’Dea, Mark Gerard 4 04/03/2016 16 0.25 3,619,322 72,000 Pilot Gold Inc. Warrants O’Dea, Mark Gerard 4 04/03/2016 16 0.4 709,683 667,000 Pilot Gold Inc. Warrants O’Dea, Mark Gerard 4 04/03/2016 16 0.4 1,045,083 335,400 Pilot Gold Inc. Warrants O’Dea, Mark Gerard 4 04/03/2016 16 0.4 1,056,683 11,600 Pilot Gold Inc. Warrants O’Dea, Mark Gerard 4 04/03/2016 16 0.4 1,092,683 36,000 Pilot Gold Inc. Common Shares Pease, Robert 4 04/03/2016 16 0.25 266,100 200,000 Pilot Gold Inc. Warrants Pease, Robert 4 04/03/2016 16 0.4 100,000 100,000 Pilot Gold Inc. Common Shares Smith, Moira Tracey 5 04/03/2016 16 0.25 524,750 360,000 Pilot Gold Inc. Rights Restricted Smith, Moira Tracey 5 25/01/2016 00 46,740 Share Units Pilot Gold Inc. Warrants Smith, Moira Tracey 5 25/01/2016 00 Pilot Gold Inc. Warrants Smith, Moira Tracey 5 04/03/2016 53 0.4 180,000 Pilot Gold Inc. Warrants Smith, Moira Tracey 5 04/03/2016 16 0.4 180,000 180,000 Pilot Gold Inc. Common Shares Wenger, John Eric 5 04/03/2016 16 0.25 248,127 150,000 Pilot Gold Inc. Warrants Wenger, John Eric 5 04/03/2016 16 0.4 81,280 75,000 Pine Cliff Energy Ltd. Common Shares Disbrow, Robert 3 04/03/2016 10 0.76 18,080,050 50,000 Pine Cliff Energy Ltd. Common Shares Disbrow, Robert 3 08/03/2016 10 0.72 18,105,050 25,000 Pine Cliff Energy Ltd. Common Shares Disbrow, Robert 3 09/03/2016 10 0.71 18,155,050 50,000 Pine Cliff Energy Ltd. Common Shares Disbrow, Robert 3 02/03/2016 10 0.7673 15,621,250 7,500 Pine Cliff Energy Ltd. Common Shares Disbrow, Robert 3 03/03/2016 10 0.7612 15,625,500 4,250 Pine Cliff Energy Ltd. Common Shares Disbrow, Robert 3 04/03/2016 10 0.752 15,675,500 50,000 Pine Cliff Energy Ltd. Common Shares Disbrow, Robert 3 08/03/2016 10 0.72 15,700,500 25,000 Pine Cliff Energy Ltd. Common Shares Disbrow, Robert 3 09/03/2016 10 0.71 15,750,500 50,000 PJX Resources Inc. Common Shares Crossett, Paul 3 08/03/2016 10 0.14 3,930,500 21,500 Everett

March 17, 2016 (2016), 39 OSCB 2605

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Plus8 Global Ventures, Common Shares Moreau, Jason 4 10/03/2016 10 0.2 1,604,000 2,500 Ltd. (formerly Royal Wayne Monashee Gold Corp.) Plus8 Global Ventures, Common Shares Moreau, Jason 4 10/03/2016 10 0.15 1,605,500 1,500 Ltd. (formerly Royal Wayne Monashee Gold Corp.) Polymet Mining Corp. Common Shares Murray, William 4 03/03/2016 10 1.66 1,029,352 -7,500 Polymet Mining Corp. Common Shares Murray, William 4 03/03/2016 10 1.25 1,020,402 -8,950 Polymet Mining Corp. Common Shares Murray, William 4 03/03/2016 10 1.655 1,020,202 -200 Polymet Mining Corp. Common Shares Murray, William 4 03/03/2016 10 1.65 1,012,902 -7,300 Polymet Mining Corp. Common Shares Murray, William 4 03/03/2016 10 1.68 1,007,902 -5,000 Polymet Mining Corp. Common Shares Murray, William 4 03/03/2016 10 1.22 997,902 -10,000 Polymet Mining Corp. Common Shares Murray, William 4 03/03/2016 10 1.63 997,302 -600 Polymet Mining Corp. Common Shares Murray, William 4 04/03/2016 10 1.3956 990,402 -6,900 Polymet Mining Corp. Common Shares Murray, William 4 04/03/2016 10 1.35 987,902 -2,500 Polymet Mining Corp. Common Shares Murray, William 4 04/03/2016 10 1.031 986,852 -1,050 Polymet Mining Corp. Common Shares Murray, William 4 07/03/2016 10 1.01 982,752 -4,100 Polymet Mining Corp. Common Shares Murray, William 4 08/03/2016 10 0.88 977,752 -5,000 Polymet Mining Corp. Common Shares Murray, William 4 08/03/2016 10 1.18 970,252 -7,500 Polymet Mining Corp. Common Shares Murray, William 4 08/03/2016 10 1.22 966,052 -4,200 Polymet Mining Corp. Common Shares Murray, William 4 08/03/2016 10 1.25 963,852 -2,200 Polymet Mining Corp. Common Shares Murray, William 4 02/03/2016 10 1.2 1,192,464 -2,100 Polymet Mining Corp. Common Shares Murray, William 4 02/03/2016 10 1.22 1,184,964 -7,500 Polymet Mining Corp. Common Shares Murray, William 4 02/03/2016 10 0.9201 1,179,664 -5,300 Polymet Mining Corp. Common Shares Murray, William 4 02/03/2016 10 0.92 1,177,464 -2,200 Polymet Mining Corp. Common Shares Murray, William 4 02/03/2016 10 1.24 1,169,964 -7,500 Polymet Mining Corp. Common Shares Murray, William 4 02/03/2016 10 0.93 1,162,464 -7,500 Polymet Mining Corp. Common Shares Murray, William 4 02/03/2016 10 0.95 1,154,964 -7,500 Polymet Mining Corp. Common Shares Murray, William 4 02/03/2016 10 1.26 1,147,464 -7,500 Polymet Mining Corp. Common Shares Murray, William 4 02/03/2016 10 1.29 1,139,964 -7,500 Polymet Mining Corp. Common Shares Murray, William 4 02/03/2016 10 0.97 1,134,964 -5,000 Polymet Mining Corp. Common Shares Murray, William 4 02/03/2016 10 1 1,129,964 -5,000 Polymet Mining Corp. Common Shares Murray, William 4 02/03/2016 10 1.32 1,122,464 -7,500 Polymet Mining Corp. Common Shares Murray, William 4 02/03/2016 10 1.38 1,114,964 -7,500 Polymet Mining Corp. Common Shares Murray, William 4 02/03/2016 10 1.42 1,109,964 -5,000 Polymet Mining Corp. Common Shares Murray, William 4 02/03/2016 10 1.5238 1,099,964 -10,000 Polymet Mining Corp. Common Shares Murray, William 4 02/03/2016 10 1.55 1,094,964 -5,000 Polymet Mining Corp. Common Shares Murray, William 4 02/03/2016 10 1.57 1,089,964 -5,000 Polymet Mining Corp. Common Shares Murray, William 4 02/03/2016 10 1.5455 1,088,864 -1,100 Polymet Mining Corp. Common Shares Murray, William 4 02/03/2016 10 1.54 1,084,964 -3,900 Polymet Mining Corp. Common Shares Murray, William 4 02/03/2016 10 1.55 1,077,464 -7,500 Polymet Mining Corp. Common Shares Murray, William 4 02/03/2016 10 1.5 1,077,264 -200 Polymet Mining Corp. Common Shares Murray, William 4 02/03/2016 10 1.47 1,069,964 -7,300 Polymet Mining Corp. Common Shares Murray, William 4 02/03/2016 10 1.48 1,069,664 -300 Polymet Mining Corp. Common Shares Murray, William 4 02/03/2016 10 1.47 1,064,564 -5,100 Polymet Mining Corp. Common Shares Murray, William 4 02/03/2016 10 1.45 1,059,964 -4,600 Polymet Mining Corp. Common Shares Murray, William 4 03/03/2016 10 1.56 1,052,464 -7,500 Polymet Mining Corp. Common Shares Murray, William 4 03/03/2016 10 1.58 1,044,964 -7,500 Polymet Mining Corp. Common Shares Murray, William 4 03/03/2016 10 1.6 1,037,464 -7,500 Polymet Mining Corp. Common Shares Murray, William 4 03/03/2016 10 1.62 1,029,964 -7,500 Polymet Mining Corp. Common Shares Murray, William 4 03/03/2016 10 1.65 1,024,964 -5,000 Polymet Mining Corp. Common Shares Murray, William 4 03/03/2016 10 1.68 1,020,164 -4,800 Polymet Mining Corp. Common Shares Murray, William 4 03/03/2016 10 1.69 1,019,964 -200 Polymet Mining Corp. Common Shares Murray, William 4 03/03/2016 10 1.67 1,014,964 -5,000 Polymet Mining Corp. Common Shares Murray, William 4 03/03/2016 10 1.69 1,009,964 -5,000 Polymet Mining Corp. Common Shares Murray, William 4 03/03/2016 10 1.7 1,003,464 -6,500 Polymet Mining Corp. Common Shares Murray, William 4 03/03/2016 10 1.67 1,002,464 -1,000 Polymet Mining Corp. Common Shares Murray, William 4 03/03/2016 10 1.64 994,964 -7,500 Polymet Mining Corp. Common Shares Murray, William 4 03/03/2016 10 1.66 987,464 -7,500

March 17, 2016 (2016), 39 OSCB 2606

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Polymet Mining Corp. Common Shares Murray, William 4 03/03/2016 10 1.66 977,464 -10,000 Polymet Mining Corp. Common Shares Murray, William 4 03/03/2016 10 1.65 970,864 -6,600 Polymet Mining Corp. Common Shares Murray, William 4 03/03/2016 10 1.655 968,364 -2,500 Polymet Mining Corp. Common Shares Murray, William 4 03/03/2016 10 1.66 967,464 -900 Polymet Mining Corp. Common Shares Murray, William 4 03/03/2016 10 1.65 959,964 -7,500 Portage Biotech Inc. Common Shares Bailey, Gregory 3, 4 04/03/2016 10 0.1 46,952,021 20,000 Potash Corporation of Common Shares Sully, Raef 5 01/07/2014 00 Saskatchewan Inc. Potash Corporation of Common Shares Sully, Raef 5 31/12/2015 30 28.42 379 379 Saskatchewan Inc. Power Corporation of Performance Généreux, Claude 5 01/03/2016 56 2,953 Canada Deferred Share Units Power Corporation of Performance Généreux, Claude 5 01/03/2016 56 29.31 3,468 2,953 Canada Deferred Share Units Power Corporation of Performance Share Lemay, Stéphane 5 01/03/2016 56 1,838 Canada Units Power Corporation of Performance Share Lemay, Stéphane 5 01/03/2016 56 29.31 5,275 1,838 Canada Units Power Corporation of Equity Swap - Long Power Corporation of 1 17/02/2000 00 Canada Position PCC 2016- Canada 03 Power Corporation of Equity Swap - Long Power Corporation of 1 07/03/2016 70 28.77 1 1 Canada Position PCC 2016- Canada 03 Power Corporation of Performance Vial, Arnaud 5 01/03/2016 56 2,126 Canada Deferred Share Units Power Corporation of Performance Vial, Arnaud 5 01/03/2016 56 29.31 2,126 Canada Deferred Share Units Power Corporation of Performance Vial, Arnaud 5 01/03/2016 56 29.31 9,533 2,126 Canada Deferred Share Units Power Corporation of Performance Share Vial, Arnaud 5 01/03/2016 56 2,126 Canada Units Power Corporation of Performance Share Vial, Arnaud 5 01/03/2016 56 29.31 2,126 Canada Units Power Corporation of Performance Share Vial, Arnaud 5 01/03/2016 56 29.31 9,533 2,126 Canada Units Power Financial Common Shares Desmarais, André 4, 5 08/03/2016 90 43,200 13,600 Corporation Power Financial Common Shares Desmarais, André 4, 5 08/03/2016 90 0 -13,600 Corporation Power Financial Performance Généreux, Claude 5 01/03/2016 56 8,238 Corporation Deferred Share Units Power Financial Performance Généreux, Claude 5 01/03/2016 56 31.525 12,327 8,238 Corporation Deferred Share Units Power Financial Performance Share Lemay, Stéphane 5 01/03/2016 56 1,709 Corporation Units Power Financial Performance Share Lemay, Stéphane 5 01/03/2016 56 31.525 4,727 1,709 Corporation Units Power Financial Performance Orr, Robert Jeffrey 4, 6, 01/03/2016 56 23,502 Corporation Deferred Share 7, 5 Units Power Financial Performance Orr, Robert Jeffrey 4, 6, 01/03/2016 56 31.525 192,409 23,502 Corporation Deferred Share 7, 5 Units Power Financial Performance Share Orr, Robert Jeffrey 4, 6, 01/03/2016 56 47,004 Corporation Units 7, 5 Power Financial Performance Share Orr, Robert Jeffrey 4, 6, 01/03/2016 56 31.525 169,052 47,004 Corporation Units 7, 5 Power Financial Equity Swap - Long POWER FINANCIAL 1 05/10/2001 00 Corporation Position PFC 2016- CORPORATION 03

March 17, 2016 (2016), 39 OSCB 2607

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Power Financial Equity Swap - Long POWER FINANCIAL 1 07/03/2016 70 31.689 1 1 Corporation Position PFC 2016- CORPORATION 03 Power Financial Performance Vial, Arnaud 5 01/03/2016 56 1,454 Corporation Deferred Share Units Power Financial Performance Vial, Arnaud 5 01/03/2016 56 31.525 5,792 1,454 Corporation Deferred Share Units Power Financial Performance Share Vial, Arnaud 5 01/03/2016 56 1,454 Corporation Units Power Financial Performance Share Vial, Arnaud 5 01/03/2016 56 31.525 5,792 1,454 Corporation Units Precipitate Gold Corp. Options Cardey, Darryl 4 04/03/2016 50 0.12 290,000 100,000 Precipitate Gold Corp. Options Chuang, Vivien Wei- 5 30/09/2013 00 Li Precipitate Gold Corp. Options Chuang, Vivien Wei- 5 04/03/2016 50 0.12 50,000 50,000 Li Precipitate Gold Corp. Options Fleming, Adrian 4 04/03/2016 50 0.12 290,000 100,000 Wallace Precipitate Gold Corp. Options Freeman, Gary 4 04/03/2016 50 0.12 290,000 100,000 Richard Precipitate Gold Corp. Options Hennigh, Quinton 4 04/03/2016 50 0.12 290,000 100,000 Todd Precipitate Gold Corp. Options Moore, Michael 5 04/03/2016 50 0.12 550,000 200,000 Peter Precipitate Gold Corp. Options WADDELL, 4 01/03/2016 00 ALISTAIR HUGH Precipitate Gold Corp. Options WADDELL, 4 04/03/2016 50 0.12 150,000 150,000 ALISTAIR HUGH Precipitate Gold Corp. Options Wilson, Jeffrey 5 04/03/2016 50 0.12 700,000 250,000 Precision Drilling Options Neveu, Kevin A. 4, 5 11/02/2013 50 37,300 Corporation Precision Drilling Options Neveu, Kevin A. 4, 5 11/02/2013 50 1,048,400 373,000 Corporation Precision Drilling Common Shares Stickland, Wane 7 07/03/2016 51 5.85 40,825 15,000 Corporation Jacob Precision Drilling Common Shares Stickland, Wane 7 07/03/2016 10 6.3298 15,000 Corporation Jacob Precision Drilling Common Shares Stickland, Wane 7 07/03/2016 10 6.3298 25,825 -15,000 Corporation Jacob Precision Drilling Options Stickland, Wane 7 07/03/2016 51 5.85 189,200 -15,000 Corporation Jacob Premier Diversified Common Shares Robertson, Donna 7 09/03/2016 10 0.18 326,004 -6,000 Holdings Inc. Lee Premier Diversified Common Shares ROBERTSON, IAN 4, 7 09/03/2016 10 0.18 326,004 -6,000 Holdings Inc. D. Premier Gold Mines Common Shares Seaman, John 4 07/03/2016 10 3.36 133,205 -7,500 Limited ProMetic Life Sciences Common Shares CLULOW, KURT 4 21/12/2015 10 3.1585 439,500 Inc. STEFAN VICTOR ProMetic Life Sciences Common Shares CLULOW, KURT 4 21/12/2015 10 3.1585 6,696,498 493,500 Inc. STEFAN VICTOR ProMetic Life Sciences Common Shares Thomvest Asset 3 29/02/2016 00 7,202,998 Inc. Management Inc. ProMetic Life Sciences Warrants Thomvest Asset 3 29/02/2016 00 56,793,782 Inc. Management Inc. Prophecy Development Common Shares IGATA, MASATERU 4 16/09/2015 10 0.05 -93,000 Corp. without par value Prophecy Development Common Shares IGATA, MASATERU 4 16/09/2015 10 0.05 -93,000 Corp. without par value Prophecy Development Common Shares IGATA, MASATERU 4 29/02/2016 46 6,787,107 1,000,000 Corp. without par value Prophecy Development Common Shares Kasimov, Bekzod 5 08/03/2016 10 1,713,989 -78,333 Corp. without par value Prophecy Development Common Shares Kasimov, Bekzod 5 09/03/2016 10 1,008,989 -705,000 Corp. without par value

March 17, 2016 (2016), 39 OSCB 2608

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Prospero Silver Corp. Options oliver, murray 4 04/03/2016 50 0.05 195,000 165,000 Pulse Seismic Inc. Common Shares Pulse Seismic Inc. 1 19/02/2016 38 0 -53,000 Puma Exploration Inc. Common Shares Cordick, Arness 3, 4 09/03/2016 10 0.055 11,946,000 12,000 William Ross Puma Exploration Inc. Common Shares Cordick, Arness 3, 4 09/03/2016 10 0.06 11,959,000 13,000 William Ross Puma Exploration Inc. Common Shares Gagné, Dominique 4 09/03/2016 10 0.055 243,978 25,000 Puma Exploration Inc. Common Shares Gagné, Dominique 4 09/03/2016 10 0.06 248,978 5,000 Puma Exploration Inc. Common Shares Gagné, Dominique 4 10/03/2016 10 0.065 253,978 5,000 Puma Exploration Inc. Common Shares Robillard, Marcel 4, 5 10/03/2016 10 0.06 1,130,250 2,000 Pure Industrial Real Trust Units Pure Industrial Real 1 29/02/2016 38 4.34 314,400 314,400 Estate Trust Estate Trust Pure Industrial Real Trust Units Pure Industrial Real 1 29/02/2016 30 4.34 0 -314,400 Estate Trust Estate Trust PWC Capital Inc. Promissory Notes 340268 Ontario 3 30/04/2010 00 (formerly Pacific & Promissory Note Limited Western Credit Corp.) rate of 7.5% per annum maturing Dec. 31 2017 PWC Capital Inc. Promissory Notes 340268 Ontario 3 07/03/2016 16 $1,000,000 $1,000,000 (formerly Pacific & Promissory Note Limited Western Credit Corp.) rate of 7.5% per annum maturing Dec. 31 2017 Raging River Common Shares Mack, Raymond 4 09/03/2016 10 9.55 96,202 -10,000 Exploration Inc. Raging River Common Shares Mack, Raymond 4 10/03/2016 10 9.63 518,983 -10,000 Exploration Inc. Raging River Common Shares Mack, Raymond 4 11/03/2016 10 9.7 488,983 -30,000 Exploration Inc. Ravensource Fund Trust Units Reid, Scott 3 25/11/2015 10 12.65 159,300 200 (formerly The First Asia Income Fund) RDM Corporation Options Dreifus, Henry 4 07/03/2016 50 4.18 15,000 5,000 RDM Corporation Options Favreau, Brad 4 07/03/2016 50 15,000 5,000 RDM Corporation Options Matheson, Joseph 4 07/03/2016 50 4.18 20,000 5,000 Lee Grant RDM Corporation Options Noelting, Jean 4 07/03/2016 50 4.18 92,500 5,000 RDM Corporation Options Pagan, John Scott 4 07/03/2016 50 4.18 15,000 5,000 RDM Corporation Options Roberts, David John 4 07/03/2016 50 4.18 15,000 5,000 RDM Corporation Options WETTLAUFER, 4 07/03/2016 50 4.18 15,000 5,000 KEITH Redknee Solutions Inc. Rights Deferred Davies, Stephen 4 09/03/2016 56 1.84 212,585 76,087 Share Units Redknee Solutions Inc. Rights Deferred GRANOVSKY, 4 15/07/2015 00 Share Units DAHRA Redknee Solutions Inc. Rights Deferred GRANOVSKY, 4 09/03/2016 56 1.84 76,087 76,087 Share Units DAHRA Redknee Solutions Inc. Rights Deferred Jacobsen, Gregory 4 09/03/2016 56 1.84 203,187 76,087 Share Units Merl Redknee Solutions Inc. Common Shares Kothari, Vishal 5 07/03/2016 51 1.9 195,000 Redknee Solutions Inc. Common Shares Kothari, Vishal 5 07/03/2016 51 1.1 195,000 195,000 Redknee Solutions Inc. Options Kothari, Vishal 5 07/03/2016 51 -195,000 Redknee Solutions Inc. Options Kothari, Vishal 5 07/03/2016 51 1,179,367 -195,000 Redknee Solutions Inc. Rights Deferred Michels, Alan 4 09/03/2016 56 1.84 212,585 76,087 Share Units Redknee Solutions Inc. Rights Deferred Thexton, Kent Paul 4 09/03/2016 56 1.84 212,585 76,087 Share Units REIT INDEXPLUS Trust Units REIT INDEXPLUS 1 10/03/2016 38 11.87 8,685,844 900 Income Fund Income Fund Renforth Resources Common Shares Brewster, Norman 4 09/03/2016 10 0.035 137,500 -31,000 Inc. Response Biomedical Common Shares Holler, Anthony 4 01/10/2012 37 45,500 -809,899 Corp Response Biomedical Common Shares Holler, Anthony 4 20/11/2013 99 0 -10,370 Corp

March 17, 2016 (2016), 39 OSCB 2609

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Response Biomedical Common Shares Holler, Anthony 4 29/11/2013 99 20,144 20,144 Corp Response Biomedical Common Shares Holler, Anthony 4 30/01/2014 99 20,114 -30 Corp Response Biomedical Common Shares Holler, Anthony 4 29/05/2014 57 23,126 3,012 Corp Response Biomedical Common Shares Holler, Anthony 4 15/08/2014 57 26,224 3,098 Corp Response Biomedical Common Shares Holler, Anthony 4 27/11/2014 57 36,499 10,275 Corp Response Biomedical Common Shares Holler, Anthony 4 19/03/2015 99 36,499 -5,000 Corp Response Biomedical Common Shares Holler, Anthony 4 20/03/2015 57 58,342 21,843 Corp Response Biomedical Common Shares Holler, Anthony 4 05/06/2015 57 85,517 27,175 Corp Response Biomedical Options Holler, Anthony 4 30/03/2012 52 15,000 -40,000 Corp Response Biomedical Options Holler, Anthony 4 22/08/2012 99 20,750 38,000 Corp Response Biomedical Options Holler, Anthony 4 03/12/2012 52 20,500 -250 Corp Response Biomedical Options Holler, Anthony 4 14/03/2013 50 3.1 40,500 20,000 Corp Response Biomedical Options Holler, Anthony 4 02/12/2013 52 40,250 -250 Corp Response Biomedical Options Holler, Anthony 4 10/12/2014 52 45,000 -250 Corp Response Biomedical Options Holler, Anthony 4 20/03/2015 50 0.92 50,000 5,000 Corp Response Biomedical Rights Restricted Holler, Anthony 4 18/06/2013 56 9,744 9,744 Corp Share Units (RSUs) Response Biomedical Rights Restricted Holler, Anthony 4 20/11/2013 56 20,114 10,370 Corp Share Units (RSUs) Response Biomedical Rights Restricted Holler, Anthony 4 29/11/2013 57 0 -20,114 Corp Share Units (RSUs) Response Biomedical Rights Restricted Holler, Anthony 4 29/05/2014 57 0 -3,012 Corp Share Units (RSUs) Response Biomedical Rights Restricted Holler, Anthony 4 14/08/2014 56 3,098 3,098 Corp Share Units (RSUs) Response Biomedical Rights Restricted Holler, Anthony 4 15/08/2014 57 0 -3,098 Corp Share Units (RSUs) Response Biomedical Rights Restricted Holler, Anthony 4 14/11/2014 56 10,275 10,275 Corp Share Units (RSUs) Response Biomedical Rights Restricted Holler, Anthony 4 27/11/2014 57 0 -10,275 Corp Share Units (RSUs) Response Biomedical Warrants Holler, Anthony 4 01/10/2012 37 24,650 -468,354 Corp Revelo Resources Options Reed, Douglas Leigh 5 03/03/2016 00 60,000 Corp. (formerly Iron Creek Capital Corp.) Richards Packaging Trust Units Sullivan, Therese 5 23/05/2006 00 Income Fund Richards Packaging Trust Units Sullivan, Therese 5 10/03/2016 10 20.37 730 730 Income Fund Richelieu Hardware Common Shares Auclair, Antoine 5 09/03/2016 30 22.7 6,664 85 Ltd. Richelieu Hardware Common Shares Dion, Christian 5 09/03/2016 30 22.7 4,781 17 Ltd. Richelieu Hardware Common Shares Grenier, Guy 5 09/03/2016 30 22.7 28,533 42 Ltd. Richelieu Hardware Common Shares Grenier, Guy 5 09/03/2016 30 22.7 73,576 64 Ltd. Richelieu Hardware Common Shares Lord, Richard 4, 5 09/03/2016 30 22.7 4,200,946 85 Ltd. Richelieu Hardware Common Shares Quevillon, 5 09/03/2016 30 22.7 5,201 32 Ltd. Geneviève

March 17, 2016 (2016), 39 OSCB 2610

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Richelieu Hardware Options Quevillon, 5 22/01/2015 50 56.49 3,000 Ltd. Geneviève Richelieu Hardware Options Quevillon, 5 22/01/2015 50 56.49 3,000 Ltd. Geneviève Richelieu Hardware Options Quevillon, 5 22/01/2015 50 56.49 2,000 Ltd. Geneviève Richelieu Hardware Options Quevillon, 5 22/01/2015 50 56.49 8,000 2,000 Ltd. Geneviève Richelieu Hardware Options Quevillon, 5 29/02/2016 37 24,000 16,000 Ltd. Geneviève Richmont Mines Inc. Common Shares Burleton, Stephen 5 10/03/2016 57 2333 12,333 2,333 Richmont Mines Inc. Common Shares Burleton, Stephen 5 10/03/2016 10 7.1541 11,071 -1,262 Richmont Mines Inc. Restricted Share Burleton, Stephen 5 10/03/2016 57 6.09 21,467 -2,333 Unit / Unité d’action restreinte Richmont Mines Inc. Common Shares Tardif, Mélissa 5 09/03/2016 51 3.05 2,708 2,000 Richmont Mines Inc. Common Shares Tardif, Mélissa 5 09/03/2016 51 3.73 3,708 1,000 Richmont Mines Inc. Common Shares Tardif, Mélissa 5 09/03/2016 10 7.155 1,708 -2,000 Richmont Mines Inc. Common Shares Tardif, Mélissa 5 09/03/2016 10 7.13 708 -1,000 Richmont Mines Inc. Options Tardif, Mélissa 5 09/03/2016 51 3.05 44,000 -2,000 Richmont Mines Inc. Options Tardif, Mélissa 5 09/03/2016 51 3.73 43,000 -1,000 RIOCAN REAL Options Kissoon, Daneshwar 5 09/03/2016 51 21.16 781,434 -60,000 ESTATE INVESTMENT TRUST RIOCAN REAL Trust Units Kissoon, Daneshwar 5 05/02/2016 30 24.012 6,261 30 ESTATE INVESTMENT TRUST RIOCAN REAL Trust Units Kissoon, Daneshwar 5 05/02/2016 30 25.189 6,290 29 ESTATE INVESTMENT TRUST RIOCAN REAL Trust Units Kissoon, Daneshwar 5 05/02/2016 30 24.012 46,966 160 ESTATE INVESTMENT TRUST RIOCAN REAL Trust Units Kissoon, Daneshwar 5 07/03/2016 30 25.189 47,119 153 ESTATE INVESTMENT TRUST RIOCAN REAL Trust Units Kissoon, Daneshwar 5 08/03/2016 10 26.157 -12,881 -60,000 ESTATE INVESTMENT TRUST RIOCAN REAL Trust Units Kissoon, Daneshwar 5 09/03/2016 51 21.16 47,119 60,000 ESTATE INVESTMENT TRUST RIOCAN REAL Trust Units Sallows, Sharon 4 05/02/2016 30 24.012 2,740 13 ESTATE INVESTMENT TRUST RIOCAN REAL Trust Units Sallows, Sharon 4 05/02/2016 30 24.012 51,917 252 ESTATE INVESTMENT TRUST RIOCAN REAL Trust Units Sallows, Sharon 4 05/02/2016 30 24.012 25,870 125 ESTATE INVESTMENT TRUST RIOCAN REAL Trust Units Sallows, Sharon 4 05/02/2016 30 24.012 27,384 121 ESTATE INVESTMENT TRUST Ritchie Bros. Rights Deferred Briscoe, Beverley 4 07/03/2016 56 23.41 17,151 1,666 Auctioneers Share Units Anne Incorporated Ritchie Bros. Rights Deferred Elton, Robert George 4 07/03/2016 56 23.41 9,413 737 Auctioneers Share Units Incorporated Ritchie Bros. Rights Restricted Holm, Kieran 5 04/03/2016 59 23.33 1,699 -1,589 Auctioneers Share Units Incorporated Ritchie Bros. Common Shares Mcleod, Robert 5 10/03/2016 30 24.5 21,916 -100 Auctioneers Alastair Incorporated Ritchie Bros. Common Shares Mcleod, Robert 5 11/03/2016 30 24.5 12,016 -9,900 Auctioneers Alastair Incorporated

March 17, 2016 (2016), 39 OSCB 2611

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Ritchie Bros. Common Shares Mcleod, Robert 5 11/03/2016 30 24.62 11,928 -88 Auctioneers Alastair Incorporated Ritchie Bros. Options Mcleod, Robert 5 08/03/2016 59 25.31 133,370 -11,200 Auctioneers Alastair Incorporated Ritchie Bros. Rights Performance Mcleod, Robert 5 04/03/2016 59 23.33 18,074 -3,585 Auctioneers Share Units Alastair Incorporated Ritchie Bros. Rights Restricted Mcleod, Robert 5 04/03/2016 59 23.33 4,804 -5,385 Auctioneers Share Units Alastair Incorporated Ritchie Bros. Rights Restricted OLIVE, DOUGLAS 5 04/03/2016 59 23.33 1,528 -1,569 Auctioneers Share Units Incorporated Ritchie Bros. Rights Deferred Olsson, Erik 4 07/03/2016 56 23.41 6,490 737 Auctioneers Share Units Incorporated Ritchie Bros. Rights Deferred Pitoniak, Edward 4 07/03/2016 56 23.41 10,321 737 Auctioneers Share Units Baltazar Incorporated Ritchie Bros. Rights Deferred POLLINA, LISA 4 07/03/2016 56 23.41 1,822 737 Auctioneers Share Units Incorporated Ritchie Bros. Rights Performance Rijk, Jeroen 5 04/03/2016 59 23.33 12,610 -2,263 Auctioneers Share Units Incorporated Ritchie Bros. Rights Restricted Rijk, Jeroen 5 04/03/2016 59 23.33 3,371 -3,399 Auctioneers Share Units Incorporated Ritchie Bros. Common Shares Ritchie Bros. 1 03/03/2016 38 24.318 141,153 141,153 Auctioneers Auctioneers Incorporated Incorporated Ritchie Bros. Common Shares Ritchie Bros. 1 03/03/2016 38 24.318 0 -141,153 Auctioneers Auctioneers Incorporated Incorporated Ritchie Bros. Common Shares Ritchie Bros. 1 03/03/2016 38 32.546 51,500 51,500 Auctioneers Auctioneers Incorporated Incorporated Ritchie Bros. Common Shares Ritchie Bros. 1 03/03/2016 38 32.546 0 -51,500 Auctioneers Auctioneers Incorporated Incorporated Ritchie Bros. Rights Restricted Watt, Darren 5 04/03/2016 59 23.33 1,400 -1,569 Auctioneers Share Units Incorporated Ritchie Bros. Common Shares Werner, Karl William 5 09/03/2016 30 25.271 32,891 -1,500 Auctioneers Incorporated Ritchie Bros. Options Werner, Karl William 5 09/03/2016 59 24.11 138,794 -6,900 Auctioneers Incorporated Ritchie Bros. Options Werner, Karl William 5 09/03/2016 59 25.11 127,894 -10,900 Auctioneers Incorporated Ritchie Bros. Rights Performance Werner, Karl William 5 04/03/2016 59 23.33 20,516 -2,015 Auctioneers Share Units Incorporated Ritchie Bros. Rights Restricted Werner, Karl William 5 04/03/2016 59 23.33 4,980 -3,028 Auctioneers Share Units Incorporated Ritchie Bros. Rights Deferred Zimmerman, 4 07/03/2016 56 23.41 10,321 737 Auctioneers Share Units Christopher Incorporated Rockcliff Copper Common Shares Allen, Robert William 3 07/03/2016 11 9,994,695 -700,000 Corporation (formerly Solvista Gold Corporation) Rockcliff Copper Common Shares Johnstone, William 4 18/06/2015 00 Corporation (formerly Roy Solvista Gold Corporation)

March 17, 2016 (2016), 39 OSCB 2612

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Rockcliff Copper Common Shares Johnstone, William 4 09/03/2016 10 0.035 111,000 111,000 Corporation (formerly Roy Solvista Gold Corporation) Rockcliff Copper Common Shares Johnstone, William 4 10/03/2016 10 0.035 140,000 29,000 Corporation (formerly Roy Solvista Gold Corporation) Rockcliff Copper Options Johnstone, William 4 29/09/2015 52 463,500 -22,500 Corporation (formerly Roy Solvista Gold Corporation) Rogers Performance Berner, Robert F. 7, 5 31/12/2013 30 264 Communications Inc. Restricted Share Units Rogers Performance Berner, Robert F. 7, 5 31/12/2013 30 330 Communications Inc. Restricted Share Units Rogers Performance Berner, Robert F. 7, 5 31/12/2013 30 20,336 264 Communications Inc. Restricted Share Units Rogers Performance Berner, Robert F. 7, 5 01/03/2014 30 13,541 66 Communications Inc. Restricted Share Units Rogers Performance Berner, Robert F. 7, 5 31/12/2014 30 263 Communications Inc. Restricted Share Units Rogers Performance Berner, Robert F. 7, 5 31/12/2014 30 329 Communications Inc. Restricted Share Units Rogers Performance Berner, Robert F. 7, 5 31/12/2014 30 21,704 263 Communications Inc. Restricted Share Units Rogers Performance Berner, Robert F. 7, 5 01/03/2015 30 15,619 66 Communications Inc. Restricted Share Units Rogers Deferred Share Hooper, Dale 5 02/03/2015 56 6,255 Communications Inc. Units Edward Rogers Deferred Share Hooper, Dale 5 02/03/2015 56 9,299 9,299 Communications Inc. Units Edward Rogers Restricted Share Hooper, Dale 5 31/12/2014 30 119 Communications Inc. Units Edward Rogers Restricted Share Hooper, Dale 5 31/12/2014 30 14,305 64 Communications Inc. Units Edward Rogers Restricted Share Hooper, Dale 5 31/12/2014 30 219 Communications Inc. Units Edward Rogers Restricted Share Hooper, Dale 5 31/12/2014 30 14,422 117 Communications Inc. Units Edward Rogers Restricted Share Hooper, Dale 5 31/12/2014 30 186 Communications Inc. Units Edward Rogers Restricted Share Hooper, Dale 5 31/12/2014 30 14,549 127 Communications Inc. Units Edward Rogers Restricted Share Hooper, Dale 5 31/12/2015 30 12,035 30 Communications Inc. Units Edward Rogers Performance Lind, Philip Bridgman 4 01/03/2014 30 19,336 95 Communications Inc. Restricted Share Units Rogers Performance Lind, Philip Bridgman 4 01/03/2015 30 22,290 96 Communications Inc. Restricted Share Units Rogers Options Reid, James M. 5 08/03/2016 38 51,880 -6,625 Communications Inc. (Performance) Rogers Stock Appreciation Reid, James M. 5 08/03/2016 59 13.063 51,880 -6,625 Communications Inc. Rights (Performance) Rogers Performance Rogers, Melinda M. 4, 6, 7 01/03/2014 30 10,523 46 Communications Inc. Restricted Share Units

March 17, 2016 (2016), 39 OSCB 2613

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Rogers Performance Rogers, Melinda M. 4, 6, 7 31/12/2014 30 213 Communications Inc. Restricted Share Units Rogers Performance Rogers, Melinda M. 4, 6, 7 31/12/2014 30 17,870 213 Communications Inc. Restricted Share Units Rogers Performance Rogers, Melinda M. 4, 6, 7 01/03/2015 30 13,245 47 Communications Inc. Restricted Share Units Rogers Performance Staffieri, Anthony 5 01/03/2014 30 28,814 159 Communications Inc. Restricted Share Units Rogers Performance Staffieri, Anthony 5 01/03/2015 38 -1,675 Communications Inc. Restricted Share Units Rogers Performance Staffieri, Anthony 5 01/03/2015 38 44,473 -1,675 Communications Inc. Restricted Share Units Rogers Performance Staffieri, Anthony 5 01/03/2015 30 44,570 97 Communications Inc. Restricted Share Units Rogers Deferred Share Williams, Jamie John 5 01/03/2016 56 5,815 Communications Inc. Units Rogers Deferred Share Williams, Jamie John 5 01/03/2016 56 14,210 6,975 Communications Inc. Units Roxgold Inc. Common Shares ANRH Sarl (Appian 3 08/03/2016 15 0.8 49,114,013 1,875,000 Natural Resources Fund) Roxgold Inc. Warrants ANRH Sarl (Appian 3 04/02/2016 55 0 -6,000,000 Natural Resources Fund) Royal Bank of Canada Rights Director Cote, Jacynthe 4 31/12/2015 56 3,285 2,840 Deferred Stock Units Royal Bank of Canada Rights Director Daruvala, Toos 4 01/01/2015 00 Deferred Stock Noshir Units Royal Bank of Canada Rights Director Daruvala, Toos 4 31/12/2015 56 2,334 2,334 Deferred Stock Noshir Units Royal Bank of Canada Rights Director Denison, David 4 31/12/2015 56 10,979 3,787 Deferred Stock Francis Units Royal Bank of Canada Common Shares McGregor, Alex 5 10/03/2016 51 48.933 84,454 28,000 Douglas Royal Bank of Canada Common Shares McGregor, Alex 5 10/03/2016 10 73.903 56,454 -28,000 Douglas Royal Bank of Canada Options McGregor, Alex 5 10/03/2016 51 48.933 630,531 -28,000 Douglas Royal Bank of Canada Rights Director Munroe-Blum, 4 31/12/2015 56 12,933 3,541 Deferred Stock Heather Units Royal Bank of Canada Rights Director Renyi, Thomas 4 31/12/2015 56 6,398 2,962 Deferred Stock Andrew Units Royal Bank of Canada Rights Director Sonshine, Edward 4 31/12/2015 56 29,203 3,856 Deferred Stock Units Royal Road Minerals Ordinary Shares Coughlin, Timothy 4, 5 03/03/2016 10 0.065 2,092,958 20,000 Limited James Rupert Resources Ltd. Common Shares Hinchcliffe, Brian 4 06/07/2004 00 Rupert Resources Ltd. Common Shares Hinchcliffe, Brian 4 02/03/2016 16 0.0525 571,428 571,428 Rupert Resources Ltd. Warrants Hinchcliffe, Brian 4 06/07/2004 00 Rupert Resources Ltd. Warrants Hinchcliffe, Brian 4 02/03/2016 16 571,428 571,428 Russel Metals Inc. Common Shares Britton, Marion 5 12/03/2016 30 21.22 92,872 3,051 Eleanor Russel Metals Inc. Rights Restricted Britton, Marion 5 10/03/2016 58 - 19,170 -8,935 Share Units (cash Eleanor Expiration settled) of rights

March 17, 2016 (2016), 39 OSCB 2614

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Russel Metals Inc. Common Shares Bryant, Gregg 5 12/03/2016 30 21.65 2,535 556 Edward Russel Metals Inc. Common Shares Coleman, Lesley 5 12/03/2016 30 21.07 35,714 2,466 Margaret Seppings Russel Metals Inc. Common Shares Halcrow, David 5 12/03/2016 30 21.41 20,348 1,014 Russel Metals Inc. Common Shares Hedges, Brian Robie 5 12/03/2016 30 21.71 126,097 3,099 Russel Metals Inc. Rights Restricted Hedges, Brian Robie 5 10/03/2016 58 - 90,560 -33,708 Share Units (cash Expiration settled) of rights Russel Metals Inc. Common Shares Kelly, Maureen Ann 5 12/03/2016 30 21.38 43,209 1,830 Russel Metals Inc. Common Shares MacDermid, Ryan 5 12/03/2016 30 19.38 290 290 Wallace Russel Metals Inc. Common Shares MacLean, John 5 12/03/2016 30 21.94 1,819 1,001 Russel Metals Inc. Common Shares Mangialardi, 5 12/03/2016 30 21.09 20,263 1,903 Giuseppe Russel Metals Inc. Common Shares McMullen, Francine 5 12/03/2016 30 21.59 7,860 920 Denise Russel Metals Inc. Common Shares Mooser, Sherri Lynn 5 12/03/2016 30 21.86 668 377 Russel Metals Inc. Common Shares Reid, John Gregory 5 12/03/2016 30 22.52 37,539 2,548 Russel Metals Inc. Rights Restricted Reid, John Gregory 5 10/03/2016 58 - 41,764 -14,238 Share Units (cash Expiration settled) of rights Russel Metals Inc. Common Shares Robb, Lloyd Bruce 5 12/03/2016 30 20.73 14,714 334 Sabina Gold & Silver Common Shares McLeod, Donald 4 09/03/2016 10 0.93 551,000 5,500 Corp. Bruce Sandspring Resources Common Shares Barnes, Phillip 4, 5 04/03/2016 10 0.32 197,747 10,000 Ltd. Gregory Sandvine Corporation Common Shares Siim, Brad 5 02/03/2016 10 2.95 350,064 -550 Sandvine Corporation Common Shares Siim, Brad 5 07/03/2016 10 2.95 -50,450 Sandvine Corporation Common Shares Siim, Brad 5 07/03/2016 10 2.95 312,406 -37,950 Santa Maria Petroleum Common Shares Wheatland Industries 3 09/03/2016 00 6,000,000 Inc. Ltd. Santa Maria Petroleum Common Shares Wheatland Industries 3 09/03/2016 10 6,500,000 500,000 Inc. Ltd. Saputo Inc. Common Shares Brockman, Terry 7, 5 31/12/2015 30 27.73 53,092 260 Saputo Inc. Common Shares Canuto, Gianfranco 7 31/12/2015 30 29.704 4,209 194 Saputo Inc. Common Shares Carrière, Louis- 7, 5 31/12/2015 30 29.704 45,567 277 Philippe Saputo Inc. Common Shares Colizza, Carl 5 01/04/2015 00 Saputo Inc. Common Shares Colizza, Carl 5 01/04/2015 00 6,017 Saputo Inc. Common Shares Colizza, Carl 5 31/12/2015 30 29.704 11,620 145 Saputo Inc. Common Shares Corney, Paul 7, 5 31/12/2015 30 29.704 8,302 9 Saputo Inc. Common Shares Dello Sbarba, Dino 5 31/12/2015 30 29.704 61,811 249 Saputo Inc. Common Shares Edwards, Robert L. 7 31/12/2015 30 27.73 1,826 191 Saputo Inc. Common Shares Palombaro, Gabriel 5 31/12/2015 30 29.704 15,785 136 Saputo Inc. Common Shares Rothstein, David 7 31/12/2015 30 27.73 289 197 Saputo Inc. Common Shares Saputo, Lino 4, 7, 5 31/12/2015 30 29.704 94,764 34 Anthony Saputo Inc. Common Shares St-Jean, Louise 5 31/12/2015 30 29.704 3,888 152 Saputo Inc. Common Shares Therrien, Maxime 5 31/12/2015 30 29.704 20,276 365 Saputo Inc. Common Shares Turcotte, Patrick 5 31/12/2015 30 29.704 1,047 153 Saputo Inc. Common Shares Viger, Isabelle 5 31/12/2015 30 29.704 7,091 246 Savanna Energy Common Shares SAUNDERS, JAMES 4 31/12/2015 30 2.7037 124,790 1,394 Services Corp. MACLEO Savaria Corporation Options Chapdelaine, Jean- 4 10/03/2016 50 6.08 75,000 25,000 Louis Savaria Corporation Common Shares Drutz, Peter Allen 4 04/03/2016 10 6.15 123,566 -1,200 Savaria Corporation Common Shares Drutz, Peter Allen 4 04/03/2016 10 6.12 122,566 -1,000 Savaria Corporation Common Shares Drutz, Peter Allen 4 04/03/2016 10 6.1 122,066 -500 Savaria Corporation Common Shares Drutz, Peter Allen 4 04/03/2016 10 6.05 118,766 -3,300 Savaria Corporation Common Shares Drutz, Peter Allen 4 07/03/2016 10 6.35 124,766 6,000 Savaria Corporation Common Shares Drutz, Peter Allen 4 08/03/2016 51 1.5 149,766 25,000 Savaria Corporation Options Drutz, Peter Allen 4 08/03/2016 51 50,000 -25,000

March 17, 2016 (2016), 39 OSCB 2615

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Savaria Corporation Options Drutz, Peter Allen 4 10/03/2016 50 6.08 75,000 25,000 Savaria Corporation Options Dumoulin, Sylvain 4 10/03/2016 50 6.08 75,000 25,000 Savaria Corporation Common Shares Fraser, Alison 7 11/03/2016 10 6.35 107,485 500 Savaria Corporation Options Tremblay, Alain 4 10/03/2016 50 6.08 75,000 25,000 Search Minerals Inc. Common Shares Saunders, Raymond 4 04/03/2016 10 0.06 17,160,000 1,000 James Search Minerals Inc. Common Shares Saunders, Raymond 4 07/03/2016 10 0.06 17,170,000 10,000 James Search Minerals Inc. Common Shares Saunders, Raymond 4 07/03/2016 10 0.065 17,190,000 20,000 James Search Minerals Inc. Common Shares Saunders, Raymond 4 08/03/2016 10 0.06 17,200,000 10,000 James Search Minerals Inc. Common Shares Saunders, Raymond 4 08/03/2016 10 0.065 17,209,000 9,000 James Search Minerals Inc. Common Shares Saunders, Raymond 4 09/03/2016 10 0.055 17,234,000 25,000 James Search Minerals Inc. Options Saunders, Raymond 4 12/11/2015 52 1,440,000 -20,000 James Search Minerals Inc. Warrants Saunders, Raymond 4 19/10/2012 16 0.2 72,000 James Search Minerals Inc. Warrants Saunders, Raymond 4 19/10/2012 16 0.2 72,000 James Search Minerals Inc. Warrants Saunders, Raymond 4 16/12/2013 16 0.1 750,000 James Search Minerals Inc. Warrants Saunders, Raymond 4 16/12/2013 16 0.1 750,000 James Search Minerals Inc. Warrants Saunders, Raymond 4 16/12/2013 16 0.1 750,000 James SelectCore Ltd. Warrants Abuleil, Mohammad 5 19/02/2009 00 1,000,000 SEMAFO INC. Common Shares Desormeaux, Benoit 4, 5 10/03/2016 51 1.35 312,400 100,000 SEMAFO INC. Common Shares Desormeaux, Benoit 4, 5 10/03/2016 10 4.92 212,400 -100,000 SEMAFO INC. Options Desormeaux, Benoit 4, 5 10/03/2016 51 1.35 1,300,000 -100,000 SEMAFO INC. Common Shares Lamarre, Jean 4 10/03/2016 51 1.4 150,000 15,000 SEMAFO INC. Common Shares Lamarre, Jean 4 10/03/2016 51 2.02 180,000 30,000 SEMAFO INC. Common Shares Lamarre, Jean 4 10/03/2016 51 1.35 220,000 40,000 SEMAFO INC. Common Shares Lamarre, Jean 4 10/03/2016 51 1.37 235,000 15,000 SEMAFO INC. Common Shares Lamarre, Jean 4 10/03/2016 10 4.77 135,000 -100,000 SEMAFO INC. Options Lamarre, Jean 4 10/03/2016 51 1.4 595,000 -15,000 SEMAFO INC. Options Lamarre, Jean 4 10/03/2016 51 2.02 565,000 -30,000 SEMAFO INC. Options Lamarre, Jean 4 10/03/2016 51 1.35 525,000 -40,000 SEMAFO INC. Options Lamarre, Jean 4 10/03/2016 51 1.37 510,000 -15,000 SEMAFO INC. Common Shares Masson, Gilles 4 10/03/2016 51 2.23 140,000 70,000 SEMAFO INC. Common Shares Masson, Gilles 4 10/03/2016 51 2.02 155,000 15,000 SEMAFO INC. Common Shares Masson, Gilles 4 10/03/2016 10 4.8 70,000 -85,000 SEMAFO INC. Options Masson, Gilles 4 10/03/2016 51 2.23 243,350 -70,000 SEMAFO INC. Options Masson, Gilles 4 10/03/2016 51 2.02 228,350 -15,000 SEMAFO INC. Common Shares Zongo, Tertius 4 10/03/2016 51 3.71 19,763 19,763 SEMAFO INC. Common Shares Zongo, Tertius 4 10/03/2016 51 3.15 26,542 6,779 SEMAFO INC. Common Shares Zongo, Tertius 4 10/03/2016 10 4.93 0 -26,542 SEMAFO INC. Options Zongo, Tertius 4 10/03/2016 51 3.71 161,214 -19,763 SEMAFO INC. Options Zongo, Tertius 4 10/03/2016 51 3.15 154,435 -6,779 Shamrock Enterprises Common Shares Osinchuk, Gordon R. 4, 5 07/03/2016 10 0.015 846,500 -50,000 Inc. Shamrock Enterprises Common Shares Osinchuk, Gordon R. 4, 5 07/03/2016 10 0.015 859,500 13,000 Inc. ShawCor Ltd. Deferred Share Unit Baldwin, John 4 31/12/2015 56 16,715 4,016 Trewren ShawCor Ltd. Deferred Share Unit Blackwood, Derek 4 31/12/2015 56 15,352 2,450 Stuart ShawCor Ltd. Options Cistrone, Frank 5 04/03/2016 50 26.51 18,700 12,100 ShawCor Ltd. Options Dunn, Ronald 5 04/03/2016 50 26.51 71,210 20,000 Joseph

March 17, 2016 (2016), 39 OSCB 2616

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed ShawCor Ltd. Options Units - Dunn, Ronald 5 04/03/2016 50 26.51 20,000 Class A Joseph ShawCor Ltd. Options ewert, darrell 5 04/03/2016 50 26.51 9,400 5,700 ShawCor Ltd. Deferred Share Unit Forbes, Kevin John 4 31/12/2015 56 8,928 6,279 ShawCor Ltd. Deferred Share Unit Hanley, Michael 4 12/05/2015 00 ShawCor Ltd. Deferred Share Unit Hanley, Michael 4 31/12/2015 56 2,682 2,682 ShawCor Ltd. Options Love, Gary Scott 5 04/03/2016 50 26.51 226,300 77,600 ShawCor Ltd. Options Orr, Stephen Michael 5 04/03/2016 50 26.51 130,000 30,000 ShawCor Ltd. Deferred Share Unit Pierce, Pamela Sue 4 31/12/2015 56 2,970 2,215 ShawCor Ltd. Options Pierroz, Paul 5 04/03/2016 50 26.51 42,700 20,000 Anthony ShawCor Ltd. Options Simmons, Michael 7 04/03/2016 50 26.51 80,800 40,800 James ShawCor Ltd. Options Tabak, Joseph 5 04/03/2016 50 26.51 12,500 11,500 ShawCor Ltd. Options Tikkanen, John 5 04/03/2016 50 26.51 234,100 70,000 Douglas ShawCor Ltd. Deferred Share Unit Wishart, Donald M. 4 12/05/2015 00 ShawCor Ltd. Deferred Share Unit Wishart, Donald M. 4 31/12/2015 56 3,759 3,759 Shopify Inc. Subordinate Voting Forsyth, Brittany 5 07/03/2016 30 25.385 18,567 -1,900 Shares Class A Jean Subordinate Voting Shares Shopify Inc. Multiple Voting Frasca, Joseph 5 08/03/2016 51 4.22 2,000 2,000 Shares Class B Andrew Multiple Voting Shares Shopify Inc. Multiple Voting Frasca, Joseph 5 08/03/2016 36 0 -2,000 Shares Class B Andrew Multiple Voting Shares Shopify Inc. Options Frasca, Joseph 5 08/03/2016 51 4.22 128,335 -2,000 Andrew Shopify Inc. Subordinate Voting Frasca, Joseph 5 08/03/2016 36 2,000 2,000 Shares Class A Andrew Subordinate Voting Shares Shopify Inc. Subordinate Voting Frasca, Joseph 5 08/03/2016 30 26.087 0 -2,000 Shares Class A Andrew Subordinate Voting Shares Shopify Inc. Subordinate Voting Jones, Russell 5 07/03/2016 30 25.2 112,500 -8,000 Shares Class A Norman Subordinate Voting Shares Shopify Inc. Subordinate Voting Lutke, Tobias Albin 4, 5 07/03/2016 30 25.409 200,500 -13,500 Shares Class A Subordinate Voting Shares Sienna Senior Living Deferred Share Chiesa, Dino 4, 5 31/12/2015 56 109,586 1,570 Inc. (formerly Units Leisureworld Senior Care Corporation) Sienna Senior Living Deferred Share Graham, Janet 4 31/12/2015 56 21,626 1,099 Inc. (formerly Units Leisureworld Senior Care Corporation) Sienna Senior Living Deferred Share Jourdain Coleman, 4 31/12/2015 56 6,675 785 Inc. (formerly Units Paula Leisureworld Senior Care Corporation) Sienna Senior Living Deferred Share MacDonald, Jack C. 4 31/12/2015 56 16,146 1,020 Inc. (formerly Units Leisureworld Senior Care Corporation) Sienna Senior Living Deferred Share McLaughlin, John 4 31/12/2015 56 32,215 785 Inc. (formerly Units Gordon Leisureworld Senior Care Corporation) Sierra Wireless, Inc. Common Shares Sierra Wireless, Inc. 1 03/03/2016 38 70,000 -187,000

March 17, 2016 (2016), 39 OSCB 2617

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Sierra Wireless, Inc. Common Shares Sierra Wireless, Inc. 1 04/03/2016 38 0 -70,000 Silvermet Inc. Common Shares Rance, Derek C. 4 09/03/2016 10 0.035 615,000 150,000 Sleep Country Canada Options Friesema, David 4 07/03/2016 50 108,359 81,037 Holdings Inc. Sleep Country Canada Performance Share Friesema, David 4 07/03/2016 56 23,346 14,399 Holdings Inc. Units (PSU) Sleep Country Canada Common Shares Howcroft, Dave 5 10/07/2015 00 Holdings Inc. Sleep Country Canada Common Shares Howcroft, Dave 5 12/08/2015 10 15.15 12,805 12,805 Holdings Inc. Sleep Country Canada Common Shares Howcroft, Dave 5 03/03/2016 10 19.6 11,267 -1,538 Holdings Inc. Sleep Country Canada Common Shares Howcroft, Dave 5 12/08/2015 10 15.15 1,280 Holdings Inc. Sleep Country Canada Options Howcroft, Dave 5 07/03/2016 50 5,760 Holdings Inc. Sleep Country Canada Options Howcroft, Dave 5 07/03/2016 50 43,343 32,415 Holdings Inc. Sleep Country Canada Performance Share Howcroft, Dave 5 07/03/2016 56 9,339 5,760 Holdings Inc. Units (PSU) Sleep Country Canada Options Masson, Robert 5 07/03/2016 50 43,343 32,415 Holdings Inc. Sleep Country Canada Performance Share Masson, Robert 5 07/03/2016 56 9,339 5,760 Holdings Inc. Units (PSU) Sleep Country Canada Common Shares Moor, Andrew 4 01/03/2016 30 17.17 5,330 40 Holdings Inc. Sleep Country Canada Options Schaefer, Stewart 5 07/03/2016 50 95,701 72,933 Holdings Inc. Sleep Country Canada Performance Share Schaefer, Stewart 5 07/03/2016 56 20,414 12,959 Holdings Inc. Units (PSU) Sleep Country Canada Options Will, Sieg 5 07/03/2016 50 43,343 32,415 Holdings Inc. Sleep Country Canada Performance Share Will, Sieg 5 07/03/2016 56 9,339 5,760 Holdings Inc. Units (PSU) Slyce Inc. Common Shares Funtastic Holdings 3 22/02/2016 00 2,263,217 Limited Slyce Inc. Common Shares Funtastic Holdings 3 22/02/2016 16 0.1 18,263,217 16,000,000 Limited Slyce Inc. Common Shares Funtastic Holdings 3 29/02/2016 16 0.1 36,013,217 17,750,000 Limited Smart Real Estate Rights (Long Term Forde, Peter Charles 5 08/07/2005 00 Investment Trust Incentive Plan) (formerly, Calloway REIT) Smart Real Estate Rights (Long Term Forde, Peter Charles 5 07/07/2015 56 4,006 4,006 Investment Trust Incentive Plan) (formerly, Calloway REIT) Smart Real Estate Deferred Units Pshebniski, Kevin 4 09/03/2016 97 32.58 65,617 -31,000 Investment Trust Brent (formerly, Calloway REIT) SNC-Lavalin Group Common Shares BRUCE, Neil 4, 5 31/12/2015 30 2,706 Inc. SNC-Lavalin Group Common Shares BRUCE, Neil 4, 5 31/12/2015 30 41.12 3,532 2,706 Inc. SNC-Lavalin Group Common Shares BRUCE, Neil 4, 5 31/12/2015 30 2,261 Inc. SNC-Lavalin Group Common Shares BRUCE, Neil 4, 5 31/12/2015 30 41.12 4,052 2,261 Inc. SNC-Lavalin Group Common Shares CLARKE, Dale 5 31/12/2015 30 902 Inc. SNC-Lavalin Group Common Shares CLARKE, Dale 5 31/12/2015 30 41.12 5,402 902 Inc. SNC-Lavalin Group Common Shares CLARKE, Dale 5 31/12/2015 30 147 Inc. SNC-Lavalin Group Common Shares CLARKE, Dale 5 31/12/2015 30 41.12 3,193 147 Inc.

March 17, 2016 (2016), 39 OSCB 2618

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed SNC-Lavalin Group Common Shares Dumas, Marie- 5 31/12/2015 30 148 Inc. Claude SNC-Lavalin Group Common Shares Dumas, Marie- 5 31/12/2015 30 41.12 2,788 148 Inc. Claude SNC-Lavalin Group Equity Swap-Long Groupe SNC-Lavalin 1 01/06/2003 00 Inc. Position 274,794 inc. Com Shares/Exp:Mar 7,2019 SNC-Lavalin Group Equity Swap-Long Groupe SNC-Lavalin 1 07/03/2016 70 1 1 Inc. Position 274,794 inc. Com Shares/Exp:Mar 7,2019 SNC-Lavalin Group Equity Swap-Long Groupe SNC-Lavalin 1 01/06/2003 00 Inc. Position 275,337 inc. Com Shares/Exp:Mar 7,2019 SNC-Lavalin Group Equity Swap-Long Groupe SNC-Lavalin 1 01/06/2003 00 Inc. Position 275,337 inc. Com Shares/Exp:Mar 7,2019 SNC-Lavalin Group Equity Swap-Long Groupe SNC-Lavalin 1 07/03/2016 70 1 1 Inc. Position 275,337 inc. Com Shares/Exp:Mar 7,2019 SNC-Lavalin Group Common Shares Paterson, Hartland 5 04/09/2015 00 143 Inc. SNC-Lavalin Group Common Shares Ryan, Erik J. 5 31/12/2015 30 1,147 Inc. SNC-Lavalin Group Common Shares Ryan, Erik J. 5 31/12/2015 30 41.12 2,036 1,147 Inc. SNC-Lavalin Group Common Shares Suarez, Jose 5 31/12/2015 30 77 Inc. Joaquin SNC-Lavalin Group Common Shares Suarez, Jose 5 31/12/2015 30 41.12 142 77 Inc. Joaquin SNC-Lavalin Group Common Shares Taylor, Alexander S. 5 31/12/2015 30 1,747 Inc. SNC-Lavalin Group Common Shares Taylor, Alexander S. 5 31/12/2015 30 41.12 2,725 1,747 Inc. SnipGold Corp. Warrants Soares, Patrick 4 20/01/2016 52 -175,000 SnipGold Corp. Warrants Soares, Patrick 4 20/01/2016 52 600,000 -75,000 Solarvest BioEnergy Common Shares Greenham, Gerri 4 10/03/2016 10 0.2 8,191,500 1,000 Inc. Joseph Solium Capital Inc. Common Shares Abbott, Shawn 4 31/12/2015 30 7.4 3,916 2,605 Solium Capital Inc. Common Shares Campbell, Scott Blair 5 31/12/2015 10 4,269 Solium Capital Inc. Common Shares Campbell, Scott Blair 5 31/12/2015 10 4,269 Solium Capital Inc. Common Shares Campbell, Scott Blair 5 31/12/2015 30 7.54 4,269 4,269 Solium Capital Inc. Common Shares Hall, Cameron 5 15/09/2014 00 Solium Capital Inc. Common Shares Hall, Cameron 5 15/09/2014 00 6,698 Solium Capital Inc. Common Shares Hall, Cameron 5 15/09/2014 00 Solium Capital Inc. Common Shares LEONG, LYNN 5 31/12/2015 30 7.4 296,953 2,743 Solium Capital Inc. Common Shares Moorehead, Colleen 4 31/12/2015 30 7.39 185,859 4,189 Jill Solium Capital Inc. Common Shares Muir, Thomas 4 31/12/2015 30 7.39 52,930 4,879 Pinaud Solium Capital Inc. Common Shares Sharpe, Michael 5 31/12/2015 30 7.41 35,451 4,381 Douglas Solium Capital Inc. Common Shares Titchkosky, Lance 5 31/12/2015 30 7.4 231,327 1,611 Kenneth Shade Sonoro Metals Corp. Common Shares MacLeod, Kenneth 4, 5 07/03/2016 10 0.06 1,897,667 10,000 Sonoro Metals Corp. Common Shares MacLeod, Kenneth 4, 5 09/03/2016 10 0.06 1,927,667 30,000 Sonoro Metals Corp. Common Shares MacLeod, Kenneth 4, 5 10/03/2016 10 0.07 1,957,667 30,000 Sonoro Metals Corp. Common Shares MacLeod, Kenneth 4, 5 11/03/2016 10 0.08 1,972,667 15,000

March 17, 2016 (2016), 39 OSCB 2619

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Southern Arc Minerals Common Shares Miller, III, Lloyd I. 3 04/03/2016 10 0.1998 7,000 Inc. Southern Arc Minerals Common Shares Miller, III, Lloyd I. 3 04/03/2016 10 0.1998 409,900 4,500 Inc. Southern Arc Minerals Common Shares Miller, III, Lloyd I. 3 07/03/2016 10 0.2004 412,400 2,500 Inc. SouthGobi Resources Common Shares Turquoise Hill 3 25/09/2015 10 0.4923 -216,650 Ltd. Resources Ltd. SouthGobi Resources Common Shares Turquoise Hill 3 25/09/2015 10 0.4923 52,774,465 -216,050 Ltd. Resources Ltd. SouthGobi Resources Common Shares Turquoise Hill 3 07/03/2016 10 0.2662 45,979,365 -375,000 Ltd. Resources Ltd. SouthGobi Resources Common Shares Turquoise Hill 3 08/03/2016 10 0.3026 45,917,815 -61,550 Ltd. Resources Ltd. Spectral Medical Inc. Common Shares Foster, Debra-Anne 8 09/03/2016 51 0.315 134,855 80,000 Spectral Medical Inc. Options Foster, Debra-Anne 8 09/03/2016 51 0.315 605,000 -80,000 Spectral Medical Inc. Common Shares WALKER, PAUL M. 5 09/03/2016 51 0.315 348,250 200,000 Spectral Medical Inc. Options WALKER, PAUL M. 5 09/03/2016 51 0.315 3,090,000 -200,000 Sphere 3D Corp. Restricted Stock Bowman, Glenn 4 26/02/2016 56 37,777 26,666 Unit Martin Sphere 3D Corp. Restricted Stock Mahadevan, 4 26/02/2016 56 48,888 26,666 Unit Vivekanand Spot Coffee (Canada) Common Shares Lorenzo, John 4 09/03/2016 10 0.04 4,608,324 15,000 Ltd. Michael Sprott Physical Gold Units George, Whitney 7 10/03/2016 00 700,000 Trust SQI Diagnostics Inc. Common Shares Cumberland Private 3 03/03/2016 97 110,200 -4,000 Wealth Management Inc. Stonegate Agricom Ltd. Warrants April 2017 Miller, III, Lloyd I. 3 24/12/2015 00 4,000,000 Stonehaven Common Shares Todd, Malcolm 4 11/03/2016 10 0.43 454,500 10,000 Exploration Ltd. Frederick William Stonehaven Common Shares Todd, Robert 5 11/03/2016 10 0.45 406,000 10,000 Exploration Ltd. Hamish Owen StorageVault Canada Common Shares APEX INVESTMENT 3 31/10/2008 00 Inc. LIMITED PARTNERSHIP StorageVault Canada Common Shares APEX INVESTMENT 3 31/10/2008 00 7,429,565 Inc. LIMITED PARTNERSHIP StorageVault Canada Common Shares APEX INVESTMENT 3 06/10/2015 11 0.3 14,992,567 6,495,002 Inc. LIMITED PARTNERSHIP StorageVault Canada Warrants $0.37 APEX INVESTMENT 3 31/10/2008 00 Inc. Warrants LIMITED PARTNERSHIP StorageVault Canada Warrants $0.37 APEX INVESTMENT 3 31/10/2008 00 Inc. Warrants LIMITED PARTNERSHIP StorageVault Canada Warrants $0.37 APEX INVESTMENT 3 24/02/2014 11 0.37 1,068,000 1,068,000 Inc. Warrants LIMITED PARTNERSHIP StorageVault Canada Options Duguid, Robert 4 14/09/2015 50 0.5 573,400 120,000 Inc. Michael StorageVault Canada Options Salloum, Johanna 6 14/09/2015 00 20,000 Inc. StorageVault Canada Common Shares SASKWORKS 3 06/10/2015 11 0.3 20,102,394 8,708,655 Inc. VENTURE FUND INC. StorageVault Canada Warrants $0.37 SASKWORKS 3 31/10/2008 00 Inc. Warrants VENTURE FUND INC. StorageVault Canada Warrants $0.37 SASKWORKS 3 24/02/2014 11 0.37 1,432,000 1,432,000 Inc. Warrants VENTURE FUND INC. Storm Resources Ltd. Common Shares Butler, Mark 4 29/01/2015 30 3.4276 13,946 2,593 Storm Resources Ltd. Common Shares Butler, Mark 4 29/04/2015 30 4.5 15,721 1,775

March 17, 2016 (2016), 39 OSCB 2620

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Storm Resources Ltd. Common Shares Butler, Mark 4 29/07/2015 30 3.9551 17,741 2,020 Storm Resources Ltd. Common Shares Butler, Mark 4 29/10/2015 30 3.7969 19,845 2,104 Strad Energy Services Common Shares Duerr, Greg Gerald 5 31/12/2015 30 2.71 18,095 5,338 Ltd. Strad Energy Services Common Shares Hopkie, Shane Barry 5 31/12/2015 30 2.97 9,277 1,454 Ltd. Strad Energy Services Common Shares Pernal, Andrew 4, 5 31/12/2015 30 2.95 14,133 2,128 Ltd. Robert Strata Minerals Inc. Common Shares Agro, Hugh 3 04/03/2016 10 0.005 833,550 200,000 Strata Minerals Inc. Common Shares Agro, Hugh 3 07/03/2016 10 0.005 850,550 17,000 Strata Minerals Inc. Common Shares Agro, Hugh 3 07/03/2016 10 0.01 1,033,550 183,000 Strata Minerals Inc. Common Shares Agro, Hugh 3 04/03/2016 11 0.005 2,958,708 2,000,000 Strategic Oil & Gas Ltd. Options Graham, Michael 4 11/02/2016 50 0.09 6,089,500 250,000 Street Capital Group Common Shares Appleby, Ronald 4 10/03/2016 10 1.3 68,450 41,200 Inc. Street Capital Group Common Shares Appleby, Ronald 4 10/03/2016 10 1.3 73,950 46,700 Inc. Street Capital Group Common Shares Appleby, Ronald 4 10/03/2016 10 1.29 83,950 10,000 Inc. Stuart Olson Inc. Options Atkinson, Herbert 5 08/03/2016 50 5.8 162,604 75,893 Arthur Stuart Olson Inc. Common Shares Ballantyne, Richard 4 31/12/2015 30 2669 24,669 2,669 Thomas Stuart Olson Inc. Common Shares Danard, Chad 4 31/12/2015 30 37,340 3,047 Stuart Olson Inc. Options LeMay, David 5 08/03/2016 50 5.8 681,035 224,490 Stuart Olson Inc. Options Miller, Al 7 08/03/2016 50 5.8 271,457 75,266 Stuart Olson Inc. Options Myles, Robert J. 5 25/01/2016 00 Stuart Olson Inc. Options Myles, Robert J. 5 08/03/2016 50 5.8 78,444 78,444 Stuart Olson Inc. Options Sands, Daryl 5 08/03/2016 50 5.8 412,408 109,405 Stuart Olson Inc. Common Shares The University of 3 26/01/2016 00 British Columbia Stuart Olson Inc. Common Shares The University of 3 26/01/2016 47 2,000,000 2,000,000 British Columbia Summit Industrial Trust Units Drake, Ross 5 15/07/2015 30 5.88 6,949 396 Income REIT Summit Industrial Trust Units Drake, Ross 5 15/08/2015 30 5.92 7,345 396 Income REIT Summit Industrial Trust Units Drake, Ross 5 15/09/2015 30 5.98 7,740 395 Income REIT Summit Industrial Trust Units Drake, Ross 5 15/10/2015 30 6.06 8,132 392 Income REIT Summit Industrial Trust Units Drake, Ross 5 15/11/2015 30 6.11 8,524 392 Income REIT Summit Industrial Trust Units Drake, Ross 5 15/12/2015 30 5.99 8,927 403 Income REIT Summit Industrial Trust Units Maroun, Louis 4 08/03/2016 10 6 95,300 300 Income REIT Summit Industrial Trust Units Shulman, Saul 4 15/07/2015 30 5.88 50,265 374 Income REIT Summit Industrial Trust Units Shulman, Saul 4 15/08/2015 30 5.92 50,639 374 Income REIT Summit Industrial Trust Units Shulman, Saul 4 15/09/2015 30 5.98 51,012 373 Income REIT Summit Industrial Trust Units Shulman, Saul 4 15/10/2015 30 6.06 53,383 371 Income REIT Summit Industrial Trust Units Shulman, Saul 4 15/11/2015 30 6.11 53,768 385 Income REIT Summit Industrial Trust Units Shulman, Saul 4 15/12/2015 30 5.99 54,163 395 Income REIT Summit Industrial Trust Units Shulman, Saul 4 15/01/2016 30 5.73 54,580 417 Income REIT Summit Industrial Trust Units Shulman, Saul 4 15/02/2016 30 5.72 55,000 420 Income REIT Sun Life Financial Inc. Common Shares Connor, Dean 4, 5 04/03/2016 51 30.25 104,596 40,000 Sun Life Financial Inc. Common Shares Connor, Dean 4, 5 04/03/2016 10 40.483 64,596 -40,000

March 17, 2016 (2016), 39 OSCB 2621

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Sun Life Financial Inc. Common Shares Connor, Dean 4, 5 07/03/2016 51 30.25 136,993 72,397 Sun Life Financial Inc. Common Shares Connor, Dean 4, 5 07/03/2016 10 40.464 116,993 -20,000 Sun Life Financial Inc. Common Shares Connor, Dean 4, 5 07/03/2016 10 40.822 94,596 -22,397 Sun Life Financial Inc. Common Shares Connor, Dean 4, 5 07/03/2016 10 40.645 64,596 -30,000 Sun Life Financial Inc. Common Shares Connor, Dean 4, 5 08/03/2016 10 41.129 74,596 10,000 Sun Life Financial Inc. Common Shares Connor, Dean 4, 5 08/03/2016 10 40.615 79,596 5,000 Sun Life Financial Inc. Common Shares Connor, Dean 4, 5 08/03/2016 10 40.57 84,596 5,000 Sun Life Financial Inc. Options Connor, Dean 4, 5 04/03/2016 51 30.25 1,372,986 -40,000 Sun Life Financial Inc. Options Connor, Dean 4, 5 07/03/2016 51 30.25 1,300,589 -72,397 SunOpta Inc. Common Shares Barlett, Lillian 5 03/03/2016 30 4.9317 2,574 208 SunOpta Inc. Common Shares Barnett, Jill 5 03/03/2016 30 4.9317 1,274 549 SunOpta Inc. Common Shares Coleman, Michelle 5 03/03/2016 30 4.9317 2,720 644 SunOpta Inc. Common Shares Davidson, Joseph 5 03/03/2016 30 4.9317 9,585 687 SunOpta Inc. Common Shares Versteegh, Geradus 5 03/03/2016 30 4.9317 78,817 948 Joseph Maria Superior Plus Corp. Rights Restricted Bechberger, Edward 5 04/03/2016 59 8.93 27,154 -6,235 Share Units Joseph Superior Plus Corp. Rights Restricted Desjardins, Luc 4, 5 04/03/2016 59 8.93 99,335 -32,147 Share Units Superior Plus Corp. Rights Performance Engelen, John 5 31/12/2015 30 12.24 11,624 950 Share Units Superior Plus Corp. Rights Restricted Engelen, John 5 31/12/2015 30 12.24 9,404 601 Share Units Superior Plus Corp. Rights Restricted Engelen, John 5 04/03/2016 59 8.93 12,439 -3,611 Share Units Superior Plus Corp. Rights Performance Hribar, Darren Bart 5 31/12/2015 30 12.24 5,960 345 Share Units Superior Plus Corp. Rights Restricted Hribar, Darren Bart 5 31/12/2015 30 12.24 5,960 345 Share Units Superior Plus Corp. Rights Restricted Hribar, Darren Bart 5 04/03/2016 59 8.93 11,923 -2,012 Share Units Superior Plus Corp. Rights Restricted McCamus, Gregory 5 04/03/2016 59 8.93 41,058 -13,333 Share Units Lorne Superior Plus Corp. Rights Performance Vammen, Shawn 7 31/12/2015 30 12.24 1,227 Share Units Bradley Superior Plus Corp. Rights Performance Vammen, Shawn 7 31/12/2015 30 12.24 1,227 Share Units Bradley Superior Plus Corp. Rights Performance Vammen, Shawn 7 31/12/2015 30 12.24 20,467 1,227 Share Units Bradley Superior Plus Corp. Rights Restricted Vammen, Shawn 7 31/12/2015 30 12.24 10,773 712 Share Units Bradley Superior Plus Corp. Rights Restricted Vammen, Shawn 7 04/03/2016 59 8.93 -4,332 Share Units Bradley Superior Plus Corp. Rights Restricted Vammen, Shawn 7 04/03/2016 59 8.93 -4,332 Share Units Bradley Superior Plus Corp. Rights Restricted Vammen, Shawn 7 04/03/2016 59 8.93 14,136 -4,322 Share Units Bradley Superior Plus Corp. Rights Performance Wrisley, Keith Allen 7 31/12/2015 30 12.24 29,857 1,907 Share Units Superior Plus Corp. Rights Restricted Wrisley, Keith Allen 7 31/12/2015 30 12.24 21,547 1,294 Share Units Superior Plus Corp. Rights Restricted Wrisley, Keith Allen 7 04/03/2016 59 8.93 27,556 -8,492 Share Units Symphony Floating Units Class A Symphony Floating 1 01/02/2016 38 7.9 3,000 3,000 Rate Senior Loan Fund Rate Senior Loan Fund Symphony Floating Units Class A Symphony Floating 1 01/02/2016 38 7.9 0 -3,000 Rate Senior Loan Fund Rate Senior Loan Fund Symphony Floating Units Class A Symphony Floating 1 01/02/2016 38 7.75 2,400 2,400 Rate Senior Loan Fund Rate Senior Loan Fund Symphony Floating Units Class A Symphony Floating 1 01/02/2016 38 7.75 0 -2,400 Rate Senior Loan Fund Rate Senior Loan Fund

March 17, 2016 (2016), 39 OSCB 2622

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Symphony Floating Units Class A Symphony Floating 1 03/02/2016 38 7.76 1,500 1,500 Rate Senior Loan Fund Rate Senior Loan Fund Symphony Floating Units Class A Symphony Floating 1 03/02/2016 38 7.76 0 -1,500 Rate Senior Loan Fund Rate Senior Loan Fund Symphony Floating Units Class A Symphony Floating 1 04/02/2016 38 7.76 3,000 3,000 Rate Senior Loan Fund Rate Senior Loan Fund Symphony Floating Units Class A Symphony Floating 1 04/02/2016 38 7.76 0 -3,000 Rate Senior Loan Fund Rate Senior Loan Fund Symphony Floating Units Class A Symphony Floating 1 04/02/2016 38 7.61 200 200 Rate Senior Loan Fund Rate Senior Loan Fund Symphony Floating Units Class A Symphony Floating 1 04/02/2016 38 7.61 0 -200 Rate Senior Loan Fund Rate Senior Loan Fund Symphony Floating Units Class A Symphony Floating 1 05/02/2016 38 7.71 3,000 3,000 Rate Senior Loan Fund Rate Senior Loan Fund Symphony Floating Units Class A Symphony Floating 1 05/02/2016 38 7.71 0 -3,000 Rate Senior Loan Fund Rate Senior Loan Fund Symphony Floating Units Class A Symphony Floating 1 08/02/2016 38 7.65 3,000 3,000 Rate Senior Loan Fund Rate Senior Loan Fund Symphony Floating Units Class A Symphony Floating 1 08/02/2016 38 7.65 0 -3,000 Rate Senior Loan Fund Rate Senior Loan Fund Symphony Floating Units Class A Symphony Floating 1 09/02/2016 38 7.5 3,000 3,000 Rate Senior Loan Fund Rate Senior Loan Fund Symphony Floating Units Class A Symphony Floating 1 09/02/2016 38 7.5 0 -3,000 Rate Senior Loan Fund Rate Senior Loan Fund Symphony Floating Units Class A Symphony Floating 1 09/02/2016 38 7.35 900 900 Rate Senior Loan Fund Rate Senior Loan Fund Symphony Floating Units Class A Symphony Floating 1 09/02/2016 38 7.35 0 -900 Rate Senior Loan Fund Rate Senior Loan Fund Symphony Floating Units Class A Symphony Floating 1 11/02/2016 38 7.45 3,000 3,000 Rate Senior Loan Fund Rate Senior Loan Fund Symphony Floating Units Class A Symphony Floating 1 11/02/2016 38 7.45 0 -3,000 Rate Senior Loan Fund Rate Senior Loan Fund Symphony Floating Units Class A Symphony Floating 1 11/02/2016 38 7.3 1,700 1,700 Rate Senior Loan Fund Rate Senior Loan Fund Symphony Floating Units Class A Symphony Floating 1 11/02/2016 38 7.3 0 -1,700 Rate Senior Loan Fund Rate Senior Loan Fund Symphony Floating Units Class A Symphony Floating 1 12/02/2016 38 7.33 3,000 3,000 Rate Senior Loan Fund Rate Senior Loan Fund Symphony Floating Units Class A Symphony Floating 1 12/02/2016 38 7.33 0 -3,000 Rate Senior Loan Fund Rate Senior Loan Fund Symphony Floating Units Class A Symphony Floating 1 17/02/2016 38 7.4 3,000 3,000 Rate Senior Loan Fund Rate Senior Loan Fund Symphony Floating Units Class A Symphony Floating 1 17/02/2016 38 7.4 0 -3,000 Rate Senior Loan Fund Rate Senior Loan Fund Symphony Floating Units Class A Symphony Floating 1 18/02/2016 38 7.42 1,900 1,900 Rate Senior Loan Fund Rate Senior Loan Fund

March 17, 2016 (2016), 39 OSCB 2623

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Symphony Floating Units Class A Symphony Floating 1 18/02/2016 38 7.42 0 -1,900 Rate Senior Loan Fund Rate Senior Loan Fund Symphony Floating Units Class A Symphony Floating 1 19/02/2016 38 7.41 3,000 3,000 Rate Senior Loan Fund Rate Senior Loan Fund Symphony Floating Units Class A Symphony Floating 1 19/02/2016 38 7.41 0 -3,000 Rate Senior Loan Fund Rate Senior Loan Fund Symphony Floating Units Class A Symphony Floating 1 23/02/2016 38 7.53 3,000 3,000 Rate Senior Loan Fund Rate Senior Loan Fund Symphony Floating Units Class A Symphony Floating 1 23/02/2016 38 7.53 0 -3,000 Rate Senior Loan Fund Rate Senior Loan Fund Symphony Floating Units Class A Symphony Floating 1 25/02/2016 38 7.4 3,000 3,000 Rate Senior Loan Fund Rate Senior Loan Fund Symphony Floating Units Class A Symphony Floating 1 25/02/2016 38 7.4 0 -3,000 Rate Senior Loan Fund Rate Senior Loan Fund Symphony Floating Units Class A Symphony Floating 1 26/02/2016 38 7.34 3,000 3,000 Rate Senior Loan Fund Rate Senior Loan Fund Symphony Floating Units Class A Symphony Floating 1 26/02/2016 38 7.34 0 -3,000 Rate Senior Loan Fund Rate Senior Loan Fund Symphony Floating Units Class A Symphony Floating 1 29/02/2016 38 7.34 1,600 1,600 Rate Senior Loan Fund Rate Senior Loan Fund Symphony Floating Units Class A Symphony Floating 1 29/02/2016 38 7.34 0 -1,600 Rate Senior Loan Fund Rate Senior Loan Fund Symphony Floating Units Class A Symphony Floating 1 05/03/2016 38 7.71 3,000 Rate Senior Loan Fund Rate Senior Loan Fund Symphony Floating Units Class A Symphony Floating 1 09/03/2016 38 7.5 3,000 Rate Senior Loan Fund Rate Senior Loan Fund Synex International Inc. Common Shares Stephens, Alan 4, 5 10/03/2016 10 0.4 206,500 -2,000 William TAG Oil Ltd Options Bennett, David 4 03/03/2016 00 TAG Oil Ltd Options Bennett, David 4 03/03/2016 50 0.75 100,000 100,000 TAG Oil Ltd Options Ferguson, 5 03/03/2016 50 0.75 225,000 50,000 Christopher John TAG Oil Ltd Options Guidi, Alex P. 4 08/02/2016 52 700,000 -125,000 TAG Oil Ltd Options Guidi, Alex P. 4 03/03/2016 50 0.75 850,000 150,000 TAG Oil Ltd Options Hill, Keith Charles 4 03/03/2016 50 0.75 400,000 50,000 TAG Oil Ltd Options Hill, Keith Charles 4 07/03/2016 52 6.15 200,000 -200,000 TAG Oil Ltd Options Hill, Keith Charles 4 07/03/2016 52 6.7 150,000 -50,000 TAG Oil Ltd Options Holland, Brad 4 03/03/2016 50 0.75 200,000 50,000 TAG Oil Ltd Options Murray, Max 5 03/03/2016 50 0.75 250,000 50,000 TAG Oil Ltd Options Perone, Giuseppe 5 09/09/2015 52 275,000 -50,000 (Pino) TAG Oil Ltd Options Perone, Giuseppe 5 08/02/2016 52 240,000 -35,000 (Pino) TAG Oil Ltd Options Perone, Giuseppe 5 03/03/2016 50 0.75 290,000 50,000 (Pino) TAG Oil Ltd Common Shares Pierce, Toby Robert 5 08/03/2016 10 0.65 93,700 10,000 TAG Oil Ltd Common Shares Pierce, Toby Robert 5 08/03/2016 10 0.62 103,700 10,000 TAG Oil Ltd Common Shares Pierce, Toby Robert 5 09/03/2016 10 0.69 107,700 4,000 TAG Oil Ltd Options Pierce, Toby Robert 5 03/03/2016 50 0.75 750,000 250,000 TAG Oil Ltd Options Vidalin, Kenneth 4 03/03/2016 50 0.75 500,000 50,000 Ebeness Taku Gold Corp. Common Shares Fekete, Mark 4 04/03/2016 10 550,000 20,000 Taseko Mines Limited Common Shares Bergot, Brian Lee 5 07/03/2016 10 0.646 33,300 10,000 Taseko Mines Limited Common Shares Bergot, Brian Lee 5 07/03/2016 10 0.65 37,800 4,500

March 17, 2016 (2016), 39 OSCB 2624

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Taseko Mines Limited Common Shares Bergot, Brian Lee 5 08/03/2016 10 0.62 44,800 7,000 Taseko Mines Limited Common Shares Bergot, Brian Lee 5 08/03/2016 10 0.63 46,800 2,000 Taseko Mines Limited Common Shares Dickinson, Robert 4, 5 08/03/2016 10 0.62 1,000,000 Allan Taseko Mines Limited Common Shares Dickinson, Robert 4, 5 08/03/2016 10 0.62 2,934,400 1,000,000 Allan Taseko Mines Limited Common Shares Hallbauer, Russell 4, 5 08/03/2016 10 0.62 3,057,401 1,500,000 Edward Taylor North American Units Taylor North 1 01/02/2016 38 9.1 3,000 3,000 Equity Opportunities American Equity Fund Opportunities Fund Taylor North American Units Taylor North 1 01/02/2016 38 9.1 0 -3,000 Equity Opportunities American Equity Fund Opportunities Fund Taylor North American Units Taylor North 1 02/02/2016 38 8.96 500 500 Equity Opportunities American Equity Fund Opportunities Fund Taylor North American Units Taylor North 1 02/02/2016 38 8.96 0 -500 Equity Opportunities American Equity Fund Opportunities Fund Taylor North American Units Taylor North 1 05/02/2016 38 8.97 1,400 1,400 Equity Opportunities American Equity Fund Opportunities Fund Taylor North American Units Taylor North 1 05/02/2016 38 8.97 0 -1,400 Equity Opportunities American Equity Fund Opportunities Fund Taylor North American Units Taylor North 1 08/02/2016 38 9.1 3,000 3,000 Equity Opportunities American Equity Fund Opportunities Fund Taylor North American Units Taylor North 1 08/02/2016 38 9.1 0 -3,000 Equity Opportunities American Equity Fund Opportunities Fund Taylor North American Units Taylor North 1 09/02/2016 38 9.05 3,000 3,000 Equity Opportunities American Equity Fund Opportunities Fund Taylor North American Units Taylor North 1 09/02/2016 38 9.05 0 -3,000 Equity Opportunities American Equity Fund Opportunities Fund Taylor North American Units Taylor North 1 10/02/2016 38 8.97 2,900 2,900 Equity Opportunities American Equity Fund Opportunities Fund Taylor North American Units Taylor North 1 10/02/2016 38 8.97 0 -2,900 Equity Opportunities American Equity Fund Opportunities Fund Taylor North American Units Taylor North 1 11/02/2016 38 8.8 3,000 3,000 Equity Opportunities American Equity Fund Opportunities Fund Taylor North American Units Taylor North 1 11/02/2016 38 8.8 0 -3,000 Equity Opportunities American Equity Fund Opportunities Fund Taylor North American Units Taylor North 1 11/02/2016 38 8.95 3,000 3,000 Equity Opportunities American Equity Fund Opportunities Fund Taylor North American Units Taylor North 1 11/02/2016 38 8.95 0 -3,000 Equity Opportunities American Equity Fund Opportunities Fund Taylor North American Units Taylor North 1 18/02/2016 38 9.09 3,000 3,000 Equity Opportunities American Equity Fund Opportunities Fund Taylor North American Units Taylor North 1 18/02/2016 38 9.09 0 -3,000 Equity Opportunities American Equity Fund Opportunities Fund Taylor North American Units Taylor North 1 19/02/2016 38 9 2,700 2,700 Equity Opportunities American Equity Fund Opportunities Fund Taylor North American Units Taylor North 1 19/02/2016 38 9 0 -2,700 Equity Opportunities American Equity Fund Opportunities Fund

March 17, 2016 (2016), 39 OSCB 2625

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Taylor North American Units Taylor North 1 23/02/2016 38 9.21 2,800 2,800 Equity Opportunities American Equity Fund Opportunities Fund Taylor North American Units Taylor North 1 23/02/2016 38 9.21 0 -2,800 Equity Opportunities American Equity Fund Opportunities Fund Taylor North American Units Taylor North 1 24/02/2016 38 9.21 3,000 3,000 Equity Opportunities American Equity Fund Opportunities Fund Taylor North American Units Taylor North 1 24/02/2016 38 9.21 0 -3,000 Equity Opportunities American Equity Fund Opportunities Fund Taylor North American Units Taylor North 1 25/02/2016 38 9.16 3,000 3,000 Equity Opportunities American Equity Fund Opportunities Fund Taylor North American Units Taylor North 1 25/02/2016 38 9.16 0 -3,000 Equity Opportunities American Equity Fund Opportunities Fund Tech Leaders Income Units Tech Leaders 1 02/02/2016 38 7.89 3,000 3,000 Fund Income Fund Tech Leaders Income Units Tech Leaders 1 02/02/2016 38 7.89 0 -3,000 Fund Income Fund Tech Leaders Income Units Tech Leaders 1 03/02/2016 38 7.75 3,000 3,000 Fund Income Fund Tech Leaders Income Units Tech Leaders 1 03/02/2016 38 7.75 0 -3,000 Fund Income Fund Tech Leaders Income Units Tech Leaders 1 05/02/2016 38 7.68 1,900 1,900 Fund Income Fund Tech Leaders Income Units Tech Leaders 1 05/02/2016 38 7.68 0 -1,900 Fund Income Fund Tech Leaders Income Units Tech Leaders 1 11/02/2016 38 7.36 3,000 3,000 Fund Income Fund Tech Leaders Income Units Tech Leaders 1 11/02/2016 38 7.36 0 -3,000 Fund Income Fund Tech Leaders Income Units Tech Leaders 1 19/02/2016 38 7.7 400 400 Fund Income Fund Tech Leaders Income Units Tech Leaders 1 19/02/2016 38 7.7 0 -400 Fund Income Fund Tech Leaders Income Units Tech Leaders 1 23/02/2016 38 7.8 3,000 3,000 Fund Income Fund Tech Leaders Income Units Tech Leaders 1 23/02/2016 38 7.8 0 -3,000 Fund Income Fund Tech Leaders Income Units Tech Leaders 1 24/02/2016 38 7.67 1,300 1,300 Fund Income Fund Tech Leaders Income Units Tech Leaders 1 24/02/2016 38 7.67 0 -1,300 Fund Income Fund Tech Leaders Income Units Tech Leaders 1 29/02/2016 38 7.94 2,800 2,800 Fund Income Fund Tech Leaders Income Units Tech Leaders 1 29/02/2016 38 7.94 0 -2,800 Fund Income Fund Tech Leaders Income Units Tech Leaders 1 29/02/2016 38 7.93 200 200 Fund Income Fund Tech Leaders Income Units Tech Leaders 1 29/02/2016 38 7.93 0 -200 Fund Income Fund TELUS Corporation Common Shares Lewis, Stephen 5 01/01/2015 00 Flynn TELUS Corporation Common Shares Lewis, Stephen 5 08/03/2016 51 16.31 3,232 3,232 Flynn TELUS Corporation Common Shares Lewis, Stephen 5 08/03/2016 10 40.01 0 -3,232 Flynn TELUS Corporation Common Shares Lewis, Stephen 5 08/03/2016 30 10,756 370 Flynn TELUS Corporation Common Shares Lewis, Stephen 5 08/03/2016 30 10,876 120 Flynn TELUS Corporation Options Lewis, Stephen 5 08/03/2016 51 16.31 -5,500 Flynn TELUS Corporation Options Lewis, Stephen 5 08/03/2016 51 16.31 12,208 -5,500 Flynn

March 17, 2016 (2016), 39 OSCB 2626

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed TELUS Corporation Common Shares TELUS Corporation 1 01/02/2016 38 38.95 173,600 42,500 TELUS Corporation Common Shares TELUS Corporation 1 02/02/2016 38 38.86 206,700 33,100 TELUS Corporation Common Shares TELUS Corporation 1 03/02/2016 38 39.53 231,900 25,200 TELUS Corporation Common Shares TELUS Corporation 1 04/02/2016 38 39.92 255,000 23,100 TELUS Corporation Common Shares TELUS Corporation 1 05/02/2016 38 40.07 268,200 13,200 TELUS Corporation Common Shares TELUS Corporation 1 05/02/2016 38 61,500 -206,700 TELUS Corporation Common Shares TELUS Corporation 1 08/02/2016 38 40.1 82,100 20,600 TELUS Corporation Common Shares TELUS Corporation 1 09/02/2016 38 39.71 107,200 25,100 TELUS Corporation Common Shares TELUS Corporation 1 10/02/2016 38 39.95 132,200 25,000 TELUS Corporation Common Shares TELUS Corporation 1 11/02/2016 38 38.69 158,200 26,000 TELUS Corporation Common Shares TELUS Corporation 1 12/02/2016 38 38.99 194,100 35,900 TELUS Corporation Common Shares TELUS Corporation 1 12/02/2016 38 86,900 -107,200 TELUS Corporation Common Shares TELUS Corporation 1 19/02/2016 38 0 -86,900 Tenth Avenue Common Shares Leia, Gregory 4, 5 10/03/2016 10 1,016,255 10,000 Petroleum Corp. Tenth Avenue Common Shares Leia, Gregory 4, 5 11/03/2016 10 1,036,255 20,000 Petroleum Corp. Tesco Corporation Common Shares Dielwart, John 4 05/03/2016 10 4,499 833 Patrick Tesco Corporation Rights RSUs - Dielwart, John 4 05/03/2016 57 19,001 -833 Restricted Stock Patrick Units Tesco Corporation Common Shares Niedermaier, Michael 5 08/03/2016 10 11.45 7,217 -721 James Tesco Corporation Common Shares Niedermaier, Michael 5 08/03/2016 10 11.42 6,115 -1,102 James Tesco Corporation Common Shares Serrano, Elijio V. 4 05/03/2016 10 4,499 833 Tesco Corporation Rights RSUs - Serrano, Elijio V. 4 05/03/2016 57 19,001 -833 Restricted Stock Units Tesco Corporation Common Shares Sutherlin, Michael W. 4 05/03/2016 10 42,099 333 Tesco Corporation Rights RSUs - Sutherlin, Michael W. 4 05/03/2016 57 25,101 -333 Restricted Stock Units Tethys Petroleum Options 2007 LTSIP Hammond, Julian 4, 5 13/02/2016 52 1,395,000 -90,000 Limited The Descartes Deferred Share Unit Anderson, David 4 07/03/2016 97 33,764 968 Systems Group Inc. Langley The Descartes Deferred Share Unit Close, Deborah 4 07/03/2016 97 7,268 360 Systems Group Inc. The Descartes Deferred Share Unit O’Hagan, Jane 4 07/03/2016 97 18,049 1,012 Systems Group Inc. The Descartes Deferred Share Unit Walker, John Joseph 4 07/03/2016 97 32,787 1,022 Systems Group Inc. The Second Cup Ltd. Common Shares Phelan, Paul David 6 04/03/2016 10 3.05 1,829,400 700 The Second Cup Ltd. Common Shares Phelan, Paul David 6 08/03/2016 10 3.05 1,829,800 400 The Second Cup Ltd. Common Shares Phelan, Paul David 6 09/03/2016 10 3.05 1,834,300 4,500 The Second Cup Ltd. Common Shares Phelan, Paul David 6 10/03/2016 10 3.05 1,842,600 8,300 The Tinley Beverage Common Shares Dent, Roger 4 09/03/2016 10 0.05 1,006,899 115,000 Company Inc. (formerly Quia Resources Inc.) The Tinley Beverage Common Shares Ellison, David 4 03/03/2016 00 100,000 Company Inc. (formerly Quia Resources Inc.) The Tinley Beverage Options Ellison, David 4 03/03/2016 00 250,000 Company Inc. (formerly Quia Resources Inc.) The Tinley Beverage Warrants Ellison, David 4 03/03/2016 00 50,000 Company Inc. (formerly Quia Resources Inc.) The Toronto-Dominion Common Shares Chauvin, Mark 5 08/03/2016 47 54.65 123,880 -1,890 Bank CUSIP 891160 50 9 Russell The Western Common Shares Espey, Robert 4 28/10/2015 00 Investment Company Berthold of Canada Limited

March 17, 2016 (2016), 39 OSCB 2627

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed The Western Common Shares Espey, Robert 4 04/11/2015 11 0.25 300,000 Investment Company Berthold of Canada Limited The Western Common Shares Espey, Robert 4 04/11/2015 11 0.25 300,000 Investment Company Berthold of Canada Limited The Western Common Shares Espey, Robert 4 01/02/2016 00 Investment Company Berthold of Canada Limited The Western Common Shares Espey, Robert 4 01/02/2016 00 300,000 Investment Company Berthold of Canada Limited The Western Options Espey, Robert 4 28/10/2015 00 Investment Company Berthold of Canada Limited The Western Options Espey, Robert 4 29/01/2016 50 170,000 Investment Company Berthold of Canada Limited The Western Options Espey, Robert 4 29/01/2016 50 170,000 Investment Company Berthold of Canada Limited The Western Options Espey, Robert 4 01/02/2016 00 Investment Company Berthold of Canada Limited The Western Options Espey, Robert 4 01/02/2016 00 170,000 Investment Company Berthold of Canada Limited theScore, Inc. Subordinate Voting Levy, John S. 3, 4, 5 04/03/2016 10 0.28 55,616,099 184,000 Shares - Class A theScore, Inc. Subordinate Voting Levy, John S. 3, 4, 5 07/03/2016 10 0.2854 55,707,099 91,000 Shares - Class A Thompson Creek Common Shares Saxton, Pamela Lou 5 03/03/2016 57 63,904 7,087 Metals Company Inc. Thompson Creek Rights Restricted Saxton, Pamela Lou 5 03/03/2016 57 102,365 -7,087 Metals Company Inc. Share Units Thompson Creek Rights Restricted Saxton, Pamela Lou 5 03/03/2016 59 0.31 98,152 -4,213 Metals Company Inc. Share Units Thompson Creek Common Shares Wilson, Mark 5 03/03/2016 57 78,272 6,328 Metals Company Inc. Thompson Creek Rights Restricted Wilson, Mark 5 03/03/2016 57 101,606 -6,328 Metals Company Inc. Share Units Thompson Creek Rights Restricted Wilson, Mark 5 03/03/2016 59 0.31 97,843 -3,763 Metals Company Inc. Share Units Thomson Reuters Common Shares Banga, Manvinder 4 15/12/2015 30 39.716 42,428 187 Corporation Singh Thomson Reuters Restricted Share Beaumont, Stewart 7 03/03/2016 57 8,450 Corporation Units Thomson Reuters Restricted Share Beaumont, Stewart 7 03/03/2016 57 8,450 Corporation Units Thomson Reuters Restricted Share Beaumont, Stewart 7 03/03/2016 56 8,450 Corporation Units Thomson Reuters Restricted Share Beaumont, Stewart 7 03/03/2016 56 54,092 8,450 Corporation Units Thomson Reuters Options Bello, Stephane 5 03/03/2016 50 36.63 1,003,836 290,698 Corporation Thomson Reuters Restricted Share Bello, Stephane 5 03/03/2016 56 68,252 Corporation Units Thomson Reuters Restricted Share Bello, Stephane 5 03/03/2016 56 320,959 68,252 Corporation Units Thomson Reuters Restricted Share Cannizzaro, Sean 7 03/03/2016 56 2,048 Corporation Units Thomson Reuters Restricted Share Cannizzaro, Sean 7 03/03/2016 56 23,502 2,048 Corporation Units Thomson Reuters Options Caraher, Vincent 7, 5 03/03/2016 50 36.63 216,787 109,012 Corporation Joseph Thomson Reuters Restricted Share Caraher, Vincent 7, 5 03/03/2016 56 10,238 Corporation Units Joseph Thomson Reuters Restricted Share Caraher, Vincent 7, 5 03/03/2016 56 69,752 10,238 Corporation Units Joseph

March 17, 2016 (2016), 39 OSCB 2628

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Thomson Reuters Restricted Share Clamp-Held, Ruth 7 03/03/2016 56 1,901 Corporation Units Thomson Reuters Restricted Share Clamp-Held, Ruth 7 03/03/2016 56 8,325 1,901 Corporation Units Thomson Reuters Restricted Share Collier, Timothy 7 03/03/2016 56 15,058 Corporation Units Thomson Reuters Restricted Share Collier, Timothy 7 03/03/2016 56 101,373 15,058 Corporation Units Thomson Reuters Options Craig, David William 7, 5 03/03/2016 50 36.63 726,986 151,836 Corporation Ian Thomson Reuters Restricted Share Craig, David William 7, 5 03/03/2016 56 14,260 Corporation Units Ian Thomson Reuters Restricted Share Craig, David William 7, 5 03/03/2016 56 239,024 14,260 Corporation Units Ian Thomson Reuters Restricted Share Gold, Marc E. 7 03/03/2016 56 4,742 Corporation Units Thomson Reuters Restricted Share Gold, Marc E. 7 03/03/2016 56 41,046 4,742 Corporation Units Thomson Reuters Restricted Share Johnston, 7 03/03/2016 56 1,777 Corporation Units Bernadette Thomson Reuters Restricted Share Johnston, 7 03/03/2016 56 8,880 1,777 Corporation Units Bernadette Thomson Reuters Restricted Share Johnston, 7 03/03/2016 56 1,777 Corporation Units Bernadette Thomson Reuters Restricted Share Johnston, 7 03/03/2016 56 1,777 Corporation Units Bernadette Thomson Reuters Restricted Share King, Richard 7, 5 03/03/2016 56 14,333 Corporation Units Harrison Thomson Reuters Restricted Share King, Richard 7, 5 03/03/2016 56 80,769 14,333 Corporation Units Harrison Thomson Reuters Restricted Share King, Richard 7, 5 03/03/2016 56 14,333 Corporation Units Harrison Thomson Reuters Restricted Share King, Richard 7, 5 03/03/2016 56 14,333 Corporation Units Harrison Thomson Reuters Options Masterson, Neil 7, 5 03/03/2016 50 36.63 281,277 90,844 Corporation Thomas Thomson Reuters Restricted Share Masterson, Neil 7, 5 03/03/2016 56 58,532 Corporation Units Thomas Thomson Reuters Restricted Share Masterson, Neil 7, 5 03/03/2016 56 141,529 58,532 Corporation Units Thomas Thomson Reuters Restricted Share Masterson, Neil 7, 5 03/03/2016 56 58,532 Corporation Units Thomas Thomson Reuters Restricted Share Masterson, Neil 7, 5 03/03/2016 56 58,532 Corporation Units Thomas Thomson Reuters Common Shares Monaghan, Paula R. 5 16/03/2015 30 49.064 1,875 7 Corporation Thomson Reuters Common Shares Monaghan, Paula R. 5 16/03/2015 30 49.064 1,884 9 Corporation Thomson Reuters Common Shares Monaghan, Paula R. 5 31/03/2015 30 43.663 1,911 27 Corporation Thomson Reuters Common Shares Monaghan, Paula R. 5 15/06/2015 30 48.938 1,918 7 Corporation Thomson Reuters Common Shares Monaghan, Paula R. 5 15/06/2015 30 48.938 1,927 9 Corporation Thomson Reuters Common Shares Monaghan, Paula R. 5 30/06/2015 30 40.399 1,962 35 Corporation Thomson Reuters Common Shares Monaghan, Paula R. 5 15/09/2015 30 53.481 1,969 7 Corporation Thomson Reuters Common Shares Monaghan, Paula R. 5 15/09/2015 30 53.481 1,978 9 Corporation Thomson Reuters Common Shares Monaghan, Paula R. 5 30/09/2015 30 45.879 2,004 26 Corporation Thomson Reuters Common Shares Monaghan, Paula R. 5 15/12/2015 30 52.707 2,011 7 Corporation Thomson Reuters Common Shares Monaghan, Paula R. 5 15/12/2015 30 52.707 2,021 10 Corporation

March 17, 2016 (2016), 39 OSCB 2629

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Thomson Reuters Common Shares Monaghan, Paula R. 5 31/12/2015 30 44.69 2,052 31 Corporation Thomson Reuters Preferred Shares Monaghan, Paula R. 5 12/02/2003 00 Corporation Series II, Cumulative Redeemable Preference Shares Thomson Reuters Preferred Shares Monaghan, Paula R. 5 04/03/2016 10 10.418 500 500 Corporation Series II, Cumulative Redeemable Preference Shares Thomson Reuters Preferred Shares Monaghan, Paula R. 5 10/03/2016 10 10.49 1,000 500 Corporation Series II, Cumulative Redeemable Preference Shares Thomson Reuters Restricted Share Murphy, Joanna 7 03/03/2016 56 1,872 Corporation Units Louise Thomson Reuters Restricted Share Murphy, Joanna 7 03/03/2016 56 7,080 1,872 Corporation Units Louise Thomson Reuters Restricted Share Murphy, Joanna 7 03/03/2016 56 1,872 Corporation Units Louise Thomson Reuters Restricted Share Murphy, Joanna 7 03/03/2016 56 1,872 Corporation Units Louise Thomson Reuters Options Peccarelli, Brian S. 7, 5 03/03/2016 50 36.63 366,014 88,954 Corporation Thomson Reuters Restricted Share Peccarelli, Brian S. 7, 5 03/03/2016 56 8,354 Corporation Units Thomson Reuters Restricted Share Peccarelli, Brian S. 7, 5 03/03/2016 56 138,952 8,354 Corporation Units Thomson Reuters Options Scanlon, Brian Louis 5 03/03/2016 50 36.63 199,746 83,576 Corporation Thomson Reuters Restricted Share Scanlon, Brian Louis 5 03/03/2016 56 57,849 Corporation Units Thomson Reuters Restricted Share Scanlon, Brian Louis 5 03/03/2016 56 88,829 57,849 Corporation Units Thomson Reuters Restricted Share Sider, Vance A. 5 03/03/2016 56 13,385 Corporation Units Thomson Reuters Restricted Share Sider, Vance A. 5 03/03/2016 56 55,386 13,385 Corporation Units Thomson Reuters Options Smith, James Clifton 5 03/03/2016 50 36.63 4,194,380 1,279,070 Corporation Thomson Reuters Restricted Share Smith, James Clifton 5 03/03/2016 56 120,121 Corporation Units Thomson Reuters Restricted Share Smith, James Clifton 5 03/03/2016 56 617,340 120,121 Corporation Units Thomson Reuters Common Shares Stanley, Deirdre 7, 5 11/03/2016 10 37.73 17,492 -3,000 Corporation Thomson Reuters Options Stanley, Deirdre 7, 5 03/03/2016 50 36.63 608,771 114,971 Corporation Thomson Reuters Restricted Share Stanley, Deirdre 7, 5 03/03/2016 56 10,798 Corporation Units Thomson Reuters Restricted Share Stanley, Deirdre 7, 5 03/03/2016 56 117,629 10,798 Corporation Units Thomson Reuters Options Taylor, Susan C. 7, 5 03/03/2016 50 36.63 371,081 112,471 Corporation Thomson Reuters Restricted Share Taylor, Susan C. 7, 5 03/03/2016 56 10,563 Corporation Units Thomson Reuters Restricted Share Taylor, Susan C. 7, 5 03/03/2016 56 128,359 10,563 Corporation Units Thomson Reuters Restricted Share Taylor, Susan C. 7, 5 03/03/2016 56 10,563 Corporation Units Thomson Reuters Restricted Share Taylor, Susan C. 7, 5 03/03/2016 56 10,563 Corporation Units Thomson Reuters Common Shares Thomson Reuters 1 01/02/2016 38 52.093 506,000 74,000 Corporation Corporation Thomson Reuters Common Shares Thomson Reuters 1 01/02/2016 38 37.258 576,000 70,000 Corporation Corporation

March 17, 2016 (2016), 39 OSCB 2630

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Thomson Reuters Common Shares Thomson Reuters 1 02/02/2016 38 51.954 650,000 74,000 Corporation Corporation Thomson Reuters Common Shares Thomson Reuters 1 02/02/2016 38 37 720,000 70,000 Corporation Corporation Thomson Reuters Common Shares Thomson Reuters 1 03/02/2016 38 51.601 794,000 74,000 Corporation Corporation Thomson Reuters Common Shares Thomson Reuters 1 03/02/2016 38 37.314 864,000 70,000 Corporation Corporation Thomson Reuters Common Shares Thomson Reuters 1 04/02/2016 38 51.75 937,800 73,800 Corporation Corporation Thomson Reuters Common Shares Thomson Reuters 1 04/02/2016 38 37.748 1,007,800 70,000 Corporation Corporation Thomson Reuters Common Shares Thomson Reuters 1 05/02/2016 38 51.015 649,800 74,000 Corporation Corporation Thomson Reuters Common Shares Thomson Reuters 1 05/02/2016 38 36.791 719,800 70,000 Corporation Corporation Thomson Reuters Common Shares Thomson Reuters 1 05/02/2016 38 431,800 -288,000 Corporation Corporation Thomson Reuters Common Shares Thomson Reuters 1 08/02/2016 38 50.005 505,800 74,000 Corporation Corporation Thomson Reuters Common Shares Thomson Reuters 1 08/02/2016 38 35.889 575,800 70,000 Corporation Corporation Thomson Reuters Common Shares Thomson Reuters 1 09/02/2016 38 49.306 655,800 80,000 Corporation Corporation Thomson Reuters Common Shares Thomson Reuters 1 09/02/2016 38 35.621 733,300 77,500 Corporation Corporation Thomson Reuters Common Shares Thomson Reuters 1 10/02/2016 38 49.895 813,300 80,000 Corporation Corporation Thomson Reuters Common Shares Thomson Reuters 1 10/02/2016 38 35.8 890,800 77,500 Corporation Corporation Thomson Reuters Common Shares Thomson Reuters 1 11/02/2016 38 48.144 970,800 80,000 Corporation Corporation Thomson Reuters Common Shares Thomson Reuters 1 11/02/2016 38 34.532 1,048,300 77,500 Corporation Corporation Thomson Reuters Common Shares Thomson Reuters 1 12/02/2016 38 49.294 1,148,300 100,000 Corporation Corporation Thomson Reuters Common Shares Thomson Reuters 1 12/02/2016 38 35.553 1,248,300 100,000 Corporation Corporation Thomson Reuters Common Shares Thomson Reuters 1 12/02/2016 38 515,000 -733,300 Corporation Corporation Thomson Reuters Common Shares Thomson Reuters 1 16/02/2016 38 49.529 615,000 100,000 Corporation Corporation Thomson Reuters Common Shares Thomson Reuters 1 16/02/2016 38 35.709 715,000 100,000 Corporation Corporation Thomson Reuters Common Shares Thomson Reuters 1 17/02/2016 38 49.74 810,000 95,000 Corporation Corporation Thomson Reuters Common Shares Thomson Reuters 1 17/02/2016 38 36.274 905,000 95,000 Corporation Corporation Thomson Reuters Common Shares Thomson Reuters 1 18/02/2016 38 50.261 995,000 90,000 Corporation Corporation Thomson Reuters Common Shares Thomson Reuters 1 18/02/2016 38 36.625 1,085,000 90,000 Corporation Corporation Thomson Reuters Common Shares Thomson Reuters 1 19/02/2016 38 49.592 1,175,000 90,000 Corporation Corporation Thomson Reuters Common Shares Thomson Reuters 1 19/02/2016 38 35.936 1,265,000 90,000 Corporation Corporation Thomson Reuters Common Shares Thomson Reuters 1 19/02/2016 38 550,000 -715,000 Corporation Corporation Thomson Reuters Common Shares Thomson Reuters 1 22/02/2016 38 50.059 655,000 105,000 Corporation Corporation Thomson Reuters Common Shares Thomson Reuters 1 22/02/2016 38 36.561 759,000 104,000 Corporation Corporation Thomson Reuters Common Shares Thomson Reuters 1 23/02/2016 38 50.364 859,000 100,000 Corporation Corporation Thomson Reuters Common Shares Thomson Reuters 1 23/02/2016 38 36.538 957,000 98,000 Corporation Corporation

March 17, 2016 (2016), 39 OSCB 2631

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Thomson Reuters Common Shares Thomson Reuters 1 24/02/2016 38 49.719 1,047,000 90,000 Corporation Corporation Thomson Reuters Common Shares Thomson Reuters 1 24/02/2016 38 36.15 1,137,000 90,000 Corporation Corporation Thomson Reuters Common Shares Thomson Reuters 1 25/02/2016 38 49.858 1,226,700 89,700 Corporation Corporation Thomson Reuters Common Shares Thomson Reuters 1 25/02/2016 38 36.727 1,316,700 90,000 Corporation Corporation Thomson Reuters Common Shares Thomson Reuters 1 26/02/2016 38 359,700 -957,000 Corporation Corporation Thomson Reuters Common Shares Thomson Reuters 1 29/02/2016 38 49.666 459,700 100,000 Corporation Corporation Thomson Reuters Common Shares Thomson Reuters 1 29/02/2016 38 36.719 557,700 98,000 Corporation Corporation Thomson Reuters Common Shares Thomson Reuters 1 29/02/2016 38 377,700 -180,000 Corporation Corporation Thomson Reuters Common Shares Thomson Reuters 1 04/03/2016 38 0 -377,700 Corporation Corporation Thomson Reuters Restricted Share Walker, Linda 7, 5 03/03/2016 56 10,092 Corporation Units Thomson Reuters Restricted Share Walker, Linda 7, 5 03/03/2016 56 44,567 10,092 Corporation Units Thomson Reuters Common Shares Warwick, Peter 7 16/03/2015 30 40.26 61,728 18 Corporation Thomson Reuters Common Shares Warwick, Peter 7 15/06/2015 30 38.98 54,530 19 Corporation Thomson Reuters Common Shares Warwick, Peter 7 15/09/2015 30 40.18 54,821 19 Corporation Thomson Reuters Common Shares Warwick, Peter 7 15/12/2015 30 38.66 55,027 20 Corporation Thomson Reuters Deferred Share Warwick, Peter 7 03/03/2016 56 19,612 Corporation Units Thomson Reuters Deferred Share Warwick, Peter 7 03/03/2016 56 19,612 Corporation Units Thomson Reuters Options Warwick, Peter 7 03/03/2016 50 36.63 1,137,690 208,830 Corporation Thomson Reuters Restricted Share Warwick, Peter 7 03/03/2016 56 19,612 Corporation Units Thomson Reuters Restricted Share Warwick, Peter 7 03/03/2016 56 83,550 19,612 Corporation Units Tidewater Midstream Common Shares AltaGas Ltd. 3 29/02/2016 00 and Infrastructure Ltd. Tidewater Midstream Common Shares AltaGas Ltd. 3 29/02/2016 16 1.37 43,703,571 43,703,571 and Infrastructure Ltd. Tidewater Midstream Common Shares Best, Catherine May 6 29/02/2016 00 and Infrastructure Ltd. Tidewater Midstream Common Shares Calvert, Victoria 6 29/02/2016 00 and Infrastructure Ltd. Anne Tidewater Midstream Common Shares Cornhill, David 6 29/02/2016 00 and Infrastructure Ltd. Wallace Tidewater Midstream Common Shares Edgeworth, Allan 6 29/02/2016 00 and Infrastructure Ltd. Leslie Tidewater Midstream Common Shares Fergusson, Hugh 6 29/02/2016 00 and Infrastructure Ltd. Tidewater Midstream Common Shares Gilbert, Daryl Harvey 6 29/02/2016 00 and Infrastructure Ltd. Tidewater Midstream Common Shares Harris, David 6 29/02/2016 00 and Infrastructure Ltd. Michael Tidewater Midstream Common Shares Hodgins, Robert 6 29/02/2016 00 and Infrastructure Ltd. Bruce Tidewater Midstream Common Shares Kanik, Myron 6 29/02/2016 00 and Infrastructure Ltd. Tidewater Midstream Common Shares Knoll, Phillip R. 6 29/02/2016 00 and Infrastructure Ltd. Tidewater Midstream Common Shares Mackie, David 7 29/02/2016 00 and Infrastructure Ltd. French

March 17, 2016 (2016), 39 OSCB 2632

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Tidewater Midstream Common Shares McCrank, Michael 6 29/02/2016 00 and Infrastructure Ltd. Neil Tidewater Midstream Common Shares Watson, Timothy, 6 29/02/2016 00 and Infrastructure Ltd. William TORC Oil & Gas Ltd. Common Shares Brown, Alexander C. 5 31/12/2015 30 8.02 30,205 3,154 (Sandy) TORC Oil & Gas Ltd. Common Shares Herman, Brett 5 31/12/2015 30 8.02 1,121,024 1,138 TORC Oil & Gas Ltd. Common Shares Herman, Brett 5 31/12/2015 30 8.02 6,617 3,957 TORC Oil & Gas Ltd. Common Shares Manchester, Shane 5 31/12/2015 30 8.02 177,493 3,489 TORC Oil & Gas Ltd. Common Shares Wallis, Jeremy 5 31/12/2015 30 8.02 505,577 3,619 TORC Oil & Gas Ltd. Common Shares Wihak, Michael 5 31/12/2015 30 8.02 303,282 3,615 TORC Oil & Gas Ltd. Common Shares Zabinsky, Jason 5 31/12/2015 30 8.02 874,270 4,239 Toro Oil & Gas Ltd. Common Shares Wilson, Neil Thomas 5 03/03/2016 00 850,962 (formerly Kallisto Energy Corp.) Toro Oil & Gas Ltd. Common Shares Wilson, Neil Thomas 5 03/03/2016 00 57,193 (formerly Kallisto Energy Corp.) Toro Oil & Gas Ltd. Common Shares Wilson, Neil Thomas 5 03/03/2016 00 39,991 (formerly Kallisto Energy Corp.) Toro Oil & Gas Ltd. Options Wilson, Neil Thomas 5 03/03/2016 00 200,000 (formerly Kallisto Energy Corp.) Toro Oil & Gas Ltd. Warrants 1/3 vest if Wilson, Neil Thomas 5 03/03/2016 00 850,962 (formerly Kallisto 20 day VWAP Energy Corp.) greater than $1.625, $2.125 & $2.75 Toro Oil & Gas Ltd. Warrants 1/3 vest if Wilson, Neil Thomas 5 03/03/2016 00 57,193 (formerly Kallisto 20 day VWAP Energy Corp.) greater than $1.625, $2.125 & $2.75 Toro Oil & Gas Ltd. Warrants 1/3 vest if Wilson, Neil Thomas 5 03/03/2016 00 39,991 (formerly Kallisto 20 day VWAP Energy Corp.) greater than $1.625, $2.125 & $2.75 Toscana Energy Common Shares Ramnath, Anand 5 31/07/2015 00 6,389 Income Corporation Touchstone Common Shares Baay, Paul Raymond 4, 5 08/03/2016 30 0.2192 1,099,012 8,838 Exploration Inc. Touchstone Common Shares Budau, Christopher 5 08/03/2016 30 0.2192 178,178 3,325 Exploration Inc. Scott Touchstone Common Shares Shipka, James 5 08/03/2016 30 0.2192 214,922 5,227 Exploration Inc. TransAlta Corporation Options Collins, Wayne 5 15/05/2014 00 Alexander TransAlta Corporation Options Collins, Wayne 5 23/02/2016 50 106,364 106,364 Alexander TransAlta Corporation PSU (Performance Collins, Wayne 5 01/01/2016 35 8.44 55,144 5,375 Share Units) Alexander TransAlta Corporation PSU (Performance Collins, Wayne 5 01/01/2016 30 4.91 103,260 48,116 Share Units) Alexander TransAlta Corporation RSU (Restricted Collins, Wayne 5 01/01/2016 35 8.44 27,571 2,687 Share Units) Alexander TransAlta Corporation RSU (Restricted Collins, Wayne 5 01/01/2016 30 4.91 51,629 24,058 Share Units) Alexander TransAlta Corporation DSU (Deferred Mansour, Yakout 4 31/12/2015 30 7.82 34,543 11,873 Share Units) TransAlta Corporation DSU (Deferred Mansour, Yakout 4 31/12/2015 35 9.62 36,494 1,951 Share Units) TransAlta Corporation Common Shares Tremblay, Donald 5 03/03/2016 10 6.0195 69,000 16,000 TransAlta Corporation Options Tremblay, Donald 5 31/03/2014 00 TransAlta Corporation Options Tremblay, Donald 5 23/02/2016 50 106,364 106,364 TransAlta Corporation PSU (Performance Tremblay, Donald 5 01/01/2016 35 8.44 63,388 6,267 Share Units) TransAlta Corporation PSU (Performance Tremblay, Donald 5 01/01/2016 30 4.91 111,504 48,116 Share Units)

March 17, 2016 (2016), 39 OSCB 2633

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed TransAlta Corporation RSU (Restricted Tremblay, Donald 5 01/01/2016 35 8.44 49,782 5,090 Share Units) TransAlta Corporation RSU (Restricted Tremblay, Donald 5 01/01/2016 30 4.91 73,840 24,058 Share Units) Transat A.T. inc. Action à droit de Transat A.T. inc. 1 01/02/2016 38 7.29 14,500 14,500 vote de catégorie B Transat A.T. inc. Action à droit de Transat A.T. inc. 1 01/02/2016 38 0 -14,500 vote de catégorie B Transat A.T. inc. Action à droit de Transat A.T. inc. 1 02/02/2016 38 7.04 19,500 19,500 vote de catégorie B Transat A.T. inc. Action à droit de Transat A.T. inc. 1 02/02/2016 38 0 -19,500 vote de catégorie B Transat A.T. inc. Action à droit de Transat A.T. inc. 1 03/02/2016 38 7.13 8,600 8,600 vote de catégorie B Transat A.T. inc. Action à droit de Transat A.T. inc. 1 03/02/2016 38 0 -8,600 vote de catégorie B Transat A.T. inc. Action à droit de Transat A.T. inc. 1 04/02/2016 38 7.07 17,600 17,600 vote de catégorie B Transat A.T. inc. Action à droit de Transat A.T. inc. 1 04/02/2016 38 0 -17,600 vote de catégorie B Transat A.T. inc. Action à droit de Transat A.T. inc. 1 05/02/2016 38 7.05 17,500 17,500 vote de catégorie B Transat A.T. inc. Action à droit de Transat A.T. inc. 1 05/02/2016 38 0 -17,500 vote de catégorie B Transat A.T. inc. Action à droit de Transat A.T. inc. 1 08/02/2016 38 7.23 19,500 19,500 vote de catégorie B Transat A.T. inc. Action à droit de Transat A.T. inc. 1 08/02/2016 38 0 -19,500 vote de catégorie B Transat A.T. inc. Action à droit de Transat A.T. inc. 1 09/02/2016 38 7.43 19,500 19,500 vote de catégorie B Transat A.T. inc. Action à droit de Transat A.T. inc. 1 09/02/2016 38 0 -19,500 vote de catégorie B Transat A.T. inc. Action à droit de Transat A.T. inc. 1 10/02/2016 38 7.58 15,700 15,700 vote de catégorie B Transat A.T. inc. Action à droit de Transat A.T. inc. 1 10/02/2016 38 0 -15,700 vote de catégorie B Transat A.T. inc. Action à droit de Transat A.T. inc. 1 11/02/2016 38 7.5 15,500 15,500 vote de catégorie B Transat A.T. inc. Action à droit de Transat A.T. inc. 1 11/02/2016 38 0 -15,500 vote de catégorie B Transat A.T. inc. Action à droit de Transat A.T. inc. 1 12/02/2016 38 7.69 14,500 14,500 vote de catégorie B Transat A.T. inc. Action à droit de Transat A.T. inc. 1 12/02/2016 38 0 -14,500 vote de catégorie B Transat A.T. inc. Action à droit de Transat A.T. inc. 1 14/02/2016 38 -14,500 vote de catégorie B Transat A.T. inc. Action à droit de Transat A.T. inc. 1 16/02/2016 38 7.68 4,500 4,500 vote de catégorie B Transat A.T. inc. Action à droit de Transat A.T. inc. 1 16/02/2016 38 0 -4,500 vote de catégorie B Transat A.T. inc. Action à droit de Transat A.T. inc. 1 17/02/2016 38 7.65 5,000 5,000 vote de catégorie B Transat A.T. inc. Action à droit de Transat A.T. inc. 1 17/02/2016 38 0 -5,000 vote de catégorie B Transat A.T. inc. Action à droit de Transat A.T. inc. 1 18/02/2016 38 7.72 8,000 8,000 vote de catégorie B Transat A.T. inc. Action à droit de Transat A.T. inc. 1 18/02/2016 38 0 -8,000 vote de catégorie B Transat A.T. inc. Action à droit de Transat A.T. inc. 1 19/02/2016 38 7.61 5,900 5,900 vote de catégorie B Transat A.T. inc. Action à droit de Transat A.T. inc. 1 19/02/2016 38 0 -5,900 vote de catégorie B Transat A.T. inc. Action à droit de Transat A.T. inc. 1 22/02/2016 38 7.72 4,400 4,400 vote de catégorie B Transat A.T. inc. Action à droit de Transat A.T. inc. 1 22/02/2016 38 0 -4,400 vote de catégorie B

March 17, 2016 (2016), 39 OSCB 2634

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Transat A.T. inc. Action à droit de Transat A.T. inc. 1 23/02/2016 38 7.76 18,100 18,100 vote de catégorie B Transat A.T. inc. Action à droit de Transat A.T. inc. 1 23/02/2016 38 0 -18,100 vote de catégorie B Transat A.T. inc. Action à droit de Transat A.T. inc. 1 24/02/2016 38 7.77 12,500 12,500 vote de catégorie B Transat A.T. inc. Action à droit de Transat A.T. inc. 1 24/02/2016 38 0 -12,500 vote de catégorie B Transat A.T. inc. Action à droit de Transat A.T. inc. 1 25/02/2016 38 7.91 19,500 19,500 vote de catégorie B Transat A.T. inc. Action à droit de Transat A.T. inc. 1 25/02/2016 38 0 -19,500 vote de catégorie B Transat A.T. inc. Action à droit de Transat A.T. inc. 1 26/02/2016 38 8.2 6,500 6,500 vote de catégorie B Transat A.T. inc. Action à droit de Transat A.T. inc. 1 26/02/2016 38 0 -6,500 vote de catégorie B Transat A.T. inc. Action à droit de Transat A.T. inc. 1 29/02/2016 38 8.46 500 500 vote de catégorie B Transat A.T. inc. Action à droit de Transat A.T. inc. 1 29/02/2016 38 0 -500 vote de catégorie B TransCanada Common Shares Pourbaix, Alex 5 08/12/2015 10 52.93 54,800 15,000 Corporation Tribute Resources Inc. Common Shares Tribute Resources 1 05/02/2016 38 0.03 520,000 62,000 Inc. Tribute Resources Inc. Common Shares Tribute Resources 1 08/02/2016 38 0.03 521,000 1,000 Inc. Tribute Resources Inc. Common Shares Tribute Resources 1 11/02/2016 38 0.03 546,000 25,000 Inc. Trican Well Service Performance Unit Baldwin, Michael 5 07/03/2016 58 - 70,266 -5,633 Ltd. Awards (PSUs) Andrew Expiration of rights Trican Well Service Rights Restricted Buzinsky, Andrew 5 10/03/2016 59 1.45 1,631 -1,646 Ltd. Share Units (RSUs) Antoine Trican Well Service Performance Unit Cox, Robert, John 5 07/03/2016 58 - 52,704 -4,383 Ltd. Awards (PSUs) Expiration of rights Trican Well Service Performance Unit Croft, Bonita Maria 5 07/03/2016 58 - 59,231 -3,633 Ltd. Awards (PSUs) Expiration of rights Trican Well Service Performance Unit Dusterhoft, Dale M. 5 07/03/2016 58 - 175,376 -13,283 Ltd. Awards (PSUs) Expiration of rights Trican Well Service Performance Unit Girard, David Joseph 5 07/03/2016 58 - 33,720 -2,817 Ltd. Awards (PSUs) Expiration of rights Trican Well Service Performance Unit Luft, Donald R. 4, 5 07/03/2016 58 - 146,397 -12,450 Ltd. Awards (PSUs) Expiration of rights Trican Well Service Performance Unit Venditto, James 5 07/03/2016 58 - 43,212 -3,567 Ltd. Awards (PSUs) Expiration of rights Trican Well Service Common Shares Wilks Brothers, LLC 3 07/03/2016 10 1.5323 21,866,127 354,300 Ltd. Trican Well Service Common Shares Wilks Brothers, LLC 3 08/03/2016 10 1.5231 22,627,027 760,900 Ltd. Trican Well Service Common Shares Wilks Brothers, LLC 3 09/03/2016 10 1.5296 22,807,927 180,900 Ltd. Trican Well Service Common Shares Wilks Brothers, LLC 3 10/03/2016 10 1.5417 22,987,727 179,800 Ltd. Trican Well Service Common Shares Wilks Brothers, LLC 3 11/03/2016 10 1.635 23,163,927 176,200 Ltd. TriMetals Mining Inc. Common Shares Fitch, Ralph Gordon 4, 5 10/03/2016 10 0.14 4,562,533 17,000 TriMetals Mining Inc. Common Shares Fitch, Ralph Gordon 4, 5 10/03/2016 10 0.15 4,565,533 3,000 Twin Butte Energy Ltd. Common Shares Gamache, Claude 5 04/03/2016 30 0.165 536,180 11,722 Maurice Twin Butte Energy Ltd. Common Shares Kraft, Preston 5 04/03/2016 30 0.165 400,133 12,154 Twin Butte Energy Ltd. Common Shares MIDDLETON, 5 04/03/2016 30 0.165 932,011 16,040 DAVID WILLIAM

March 17, 2016 (2016), 39 OSCB 2635

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Twin Butte Energy Ltd. Common Shares SAUNDERS, JAMES 4, 5 04/03/2016 30 0.165 6,303,381 1,296 MACLEO Twin Butte Energy Ltd. Common Shares Wollmann, Robert 5 04/03/2016 30 0.165 976,570 16,688 Ernest Law U.S. Dividend Growers Common Shares U.S. Dividend 1 08/03/2016 38 8.1 593,400 200 Income Corp. Equity Shares Growers Income Corp. Uni-Sélect Inc. Common Shares O’Connor, Gary 5 10/03/2016 51 22.9 15,604 8,604 Uni-Sélect Inc. Common Shares O’Connor, Gary 5 10/03/2016 51 28.764 21,884 6,280 Uni-Sélect Inc. Common Shares O’Connor, Gary 5 10/03/2016 51 30.642 28,197 6,313 Uni-Sélect Inc. Options O’Connor, Gary 5 10/03/2016 51 22.9 40,645 -8,604 Uni-Sélect Inc. Options O’Connor, Gary 5 10/03/2016 51 28.764 34,365 -6,280 Uni-Sélect Inc. Options O’Connor, Gary 5 10/03/2016 51 30.642 28,052 -6,313 Uni-Sélect Inc. Common Shares Uni-Sélect Inc. 1 07/03/2016 38 56.708 11,745 11,745 Uni-Sélect Inc. Common Shares Uni-Sélect Inc. 1 07/03/2016 38 56.708 0 -11,745 Uni-Sélect Inc. Common Shares Uni-Sélect Inc. 1 08/03/2016 38 56.512 11,745 11,745 Uni-Sélect Inc. Common Shares Uni-Sélect Inc. 1 08/03/2016 38 56.512 0 -11,745 Uni-Sélect Inc. Common Shares Uni-Sélect Inc. 1 09/03/2016 38 56.01 11,745 11,745 Uni-Sélect Inc. Common Shares Uni-Sélect Inc. 1 09/03/2016 38 56.01 0 -11,745 Uni-Sélect Inc. Common Shares Uni-Sélect Inc. 1 10/03/2016 38 55.41 11,745 11,745 Uni-Sélect Inc. Common Shares Uni-Sélect Inc. 1 10/03/2016 38 55.41 0 -11,745 Uni-Sélect Inc. Common Shares Uni-Sélect Inc. 1 11/03/2016 38 56.212 11,745 11,745 Uni-Sélect Inc. Common Shares Uni-Sélect Inc. 1 11/03/2016 38 56.212 0 -11,745 Uniserve Warrants Plant, Stephen 4 08/03/2016 53 0.1 500,000 200,000 Communications Corporation Uniserve Warrants Scholz, Michael Curt 4 09/03/2016 97 0.1 5,090,000 -600,000 Communications Corporation UNISYNC Corp. Common Shares O’Brian, Charles 4 04/03/2016 10 2.1 51,000 1,000 Class B Voting Michael Shares UNISYNC Corp. Common Shares O’Brian, Charles 4 10/03/2016 10 2 10,000 10,000 Class B Voting Michael Shares United Corporations Common Shares E-L Financial 3 07/03/2016 10 90.66 6,290,859 500 Limited Corporation Limited Uranium Energy Corp. Common Shares Obara, Pat 5 07/03/2016 46 0.86 62,722 5,916 Uranium Participation Common Shares Bennett, Paul 7 09/03/2016 10 4.78 10,890 400 Corporation Joesph Urbana Corporation Non-Voting Shares Urbana Corporation 1 01/02/2016 38 1.92 4,500 4,500 Class A Urbana Corporation Non-Voting Shares Urbana Corporation 1 01/02/2016 38 0 -4,500 Class A Urbana Corporation Non-Voting Shares Urbana Corporation 1 03/02/2016 38 1.85 4,500 4,500 Class A Urbana Corporation Non-Voting Shares Urbana Corporation 1 03/02/2016 38 0 -4,500 Class A Urbana Corporation Non-Voting Shares Urbana Corporation 1 09/02/2016 38 1.8 4,500 4,500 Class A Urbana Corporation Non-Voting Shares Urbana Corporation 1 09/02/2016 38 0 -4,500 Class A Urbana Corporation Non-Voting Shares Urbana Corporation 1 12/02/2016 38 1.79 4,500 4,500 Class A Urbana Corporation Non-Voting Shares Urbana Corporation 1 12/02/2016 38 0 -4,500 Class A Urbana Corporation Non-Voting Shares Urbana Corporation 1 16/02/2016 38 1.78 4,500 4,500 Class A Urbana Corporation Non-Voting Shares Urbana Corporation 1 16/02/2016 38 0 -4,500 Class A Urbana Corporation Non-Voting Shares Urbana Corporation 1 25/02/2016 38 1.76 4,500 4,500 Class A Urbana Corporation Non-Voting Shares Urbana Corporation 1 25/02/2016 38 0 -4,500 Class A

March 17, 2016 (2016), 39 OSCB 2636

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Urbana Corporation Non-Voting Shares Urbana Corporation 1 29/02/2016 38 1.82 4,500 4,500 Class A Urbana Corporation Non-Voting Shares Urbana Corporation 1 29/02/2016 38 0 -4,500 Class A Valener Inc. Common Shares Dubois, Gilles 7 15/01/2015 35 15.18 7,728 61 Valener Inc. Common Shares Dubois, Gilles 7 15/04/2015 35 16.84 7,786 58 Valener Inc. Common Shares Dubois, Gilles 7 15/07/2015 35 16.42 7,847 61 Valener Inc. Common Shares Dubois, Gilles 7 15/10/2015 35 16.52 7,908 61 Valener Inc. Common Shares Forget, Nicolle 4 15/01/2015 35 15.18 1,855 30 Valener Inc. Common Shares Forget, Nicolle 4 15/04/2015 35 16.84 1,883 28 Valener Inc. Common Shares Forget, Nicolle 4 15/07/2015 35 16.42 1,912 29 Valener Inc. Common Shares Forget, Nicolle 4 15/10/2015 35 16.52 2,957 45 Valener Inc. Common Shares Forget, Nicolle 4 15/01/2015 35 15.18 7,615 118 Valener Inc. Common Shares Forget, Nicolle 4 15/04/2015 35 16.84 8,977 112 Valener Inc. Common Shares Forget, Nicolle 4 15/04/2015 35 16.84 9,000 23 Valener Inc. Common Shares Forget, Nicolle 4 15/07/2015 35 16.42 9,386 117 Valener Inc. Common Shares Forget, Nicolle 4 15/07/2015 35 16.42 9,415 29 Valener Inc. Common Shares Forget, Nicolle 4 15/10/2015 35 16.52 9,533 118 Valener Inc. Common Shares Forget, Nicolle 4 15/10/2015 35 16.52 9,562 29 Valener Inc. Common Shares Gravel, Jean-Luc 7 15/01/2015 35 15.18 1,626 26 Valener Inc. Common Shares Gravel, Jean-Luc 7 15/04/2015 35 16.84 1,651 25 Valener Inc. Common Shares Gravel, Jean-Luc 7 15/07/2015 35 16.42 1,677 26 Valener Inc. Common Shares Gravel, Jean-Luc 7 15/10/2015 35 16.52 1,703 26 Valener Inc. Common Shares Monahan, Pierre 4 15/01/2015 35 15.18 4,712 76 Valener Inc. Common Shares Monahan, Pierre 4 15/04/2015 35 16.84 4,784 72 Valener Inc. Common Shares Monahan, Pierre 4 15/07/2015 35 16.42 4,859 75 Valener Inc. Common Shares Monahan, Pierre 4 15/10/2015 35 16.52 4,935 76 Valener Inc. Common Shares Sureau, Réal 4 15/10/2015 35 16.52 1,015 15 Valener Inc. Common Shares Sureau, Réal 4 15/01/2015 35 15.18 1,772 28 Valener Inc. Common Shares Sureau, Réal 4 15/04/2015 35 16.84 1,798 26 Valener Inc. Common Shares Sureau, Réal 4 15/07/2015 35 16.42 1,826 28 Valener Inc. Common Shares Sureau, Réal 4 15/10/2015 35 16.52 1,854 28 Valener Inc. Common Shares Sureau, Réal 4 15/01/2015 35 15.18 7,604 33 Valener Inc. Common Shares Sureau, Réal 4 15/04/2015 35 16.84 7,636 32 Valener Inc. Common Shares Sureau, Réal 4 15/07/2015 35 16.42 7,669 33 Valener Inc. Common Shares Sureau, Réal 4 15/10/2015 35 16.52 7,702 33 Valener Inc. Common Shares Sureau, Réal 4 15/01/2015 35 15.18 3,362 143 Valener Inc. Common Shares Sureau, Réal 4 15/04/2015 35 16.84 3,499 137 Valener Inc. Common Shares Sureau, Réal 4 15/07/2015 35 16.42 3,641 142 Valener Inc. Common Shares Sureau, Réal 4 15/10/2015 35 16.52 3,785 144 Vaxil Bio Ltd. (formerly Common Shares chen, Benjamin Pak 4 10/03/2016 00 Emerge Resources Ping Corp.) Vecima Networks Inc. Common Shares Gallant, Vincent 4 07/03/2016 51 4.54 750 750 Jean Vecima Networks Inc. Options Incentive Gallant, Vincent 4 07/03/2016 51 4.54 2,250 -750 Stock Options Jean Vecima Networks Inc. Common Shares Sali, Marshall 5 08/03/2016 10 11.41 0 -641 George Veresen Inc. Deferred Share Charron, John Paul 4 31/12/2015 56 12.55 29,131 13,648 Units Veresen Inc. Deferred Share Howe, Maureen 4 31/12/2015 56 12.529 36,526 13,522 Units Veresen Inc. Deferred Share McDonald, Rebecca 4 31/12/2015 56 12.563 24,342 8,859 Units Veresen Inc. Deferred Share Mulherin, Stephen 4 31/12/2015 56 12.561 53,340 20,123 Units W.C. Veresen Inc. Deferred Share Sykes, Henry William 4 31/12/2015 56 12.566 32,520 11,282 Units Veresen Inc. Deferred Share Valdman, Bertrand 4 31/12/2015 56 12.563 24,342 8,859 Units Vermilion Energy Inc. Common Shares Donadeo, Lorenzo 4, 5 03/03/2016 46 39 3,160,139 5,128

March 17, 2016 (2016), 39 OSCB 2637

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed Vermilion Energy Inc. Common Shares Donadeo, Lorenzo 4, 5 03/03/2016 30 39.36 3,157,616 -2,523 Vermilion Energy Inc. Common Shares Donovan, John 5 03/03/2016 46 39 145,704 2,387 Vermilion Energy Inc. Common Shares Donovan, John 5 03/03/2016 30 39.36 144,529 -1,175 Vermilion Energy Inc. Common Shares Hatcher, Dion 5 03/03/2016 46 39 12,402 890 Vermilion Energy Inc. Common Shares Hatcher, Dion 5 03/03/2016 30 39.36 11,968 -434 Vermilion Energy Inc. Common Shares Hergott, Terrance 5 03/03/2016 46 39 29,758 1,310 Gerald Vermilion Energy Inc. Common Shares Hergott, Terrance 5 03/03/2016 30 39.36 29,113 -645 Gerald Vermilion Energy Inc. Common Shares Hergott, Terrance 5 07/03/2016 30 35.623 29,403 290 Gerald Vermilion Energy Inc. Common Shares Hergott, Terrance 5 07/03/2016 10 41.504 25,903 -3,500 Gerald Vermilion Energy Inc. Common Shares Hicks, Curtis W. 5 03/03/2016 46 39 127,894 2,595 Vermilion Energy Inc. Common Shares Hicks, Curtis W. 5 03/03/2016 30 39.36 126,617 -1,277 Vermilion Energy Inc. Common Shares Jasinski, Mona Jean 5 03/03/2016 46 39 51,331 2,564 Vermilion Energy Inc. Common Shares Jasinski, Mona Jean 5 03/03/2016 30 39.36 50,069 -1,262 Vermilion Energy Inc. Common Shares Kaluza, Michael Sam 5 03/03/2016 46 39 21,846 2,036 Vermilion Energy Inc. Common Shares Kaluza, Michael Sam 5 03/03/2016 30 39.36 20,844 -1,002 Vermilion Energy Inc. Common Shares Marino, Anthony 5 03/03/2016 46 39 100,007 4,615 William Vermilion Energy Inc. Common Shares Marino, Anthony 5 03/03/2016 30 39.36 97,736 -2,271 William Village Farms Common Shares Vanzeyst, Albert 3 11/03/2016 47 0.88 6,757,733 -1,000,000 International, Inc. Wilhelmus Vodis Pharmaceuticals Options Boulton, L. Clive B. 4 06/01/2016 50 450,000 250,000 Inc. Wesdome Gold Mines Common Shares Laplante, Benoit 5 07/03/2016 10 1.74 68,900 -28,100 Ltd. Wesdome Gold Mines Common Shares Laplante, Benoit 5 07/03/2016 10 1.732 66,400 -2,500 Ltd. Wesdome Gold Mines Common Shares Laplante, Benoit 5 07/03/2016 10 1.74 66,100 -300 Ltd. Wesdome Gold Mines Common Shares Laplante, Benoit 5 07/03/2016 10 1.73 41,100 -25,000 Ltd. Wesdome Gold Mines Common Shares Laplante, Benoit 5 09/03/2016 10 1.7 37,500 -3,600 Ltd. West Fraser Timber Common Shares West Fraser Timber 1 03/03/2016 38 43.022 180,694 62,247 Co. Ltd. Co. Ltd. West Fraser Timber Common Shares West Fraser Timber 1 04/03/2016 38 46.038 242,941 62,247 Co. Ltd. Co. Ltd. West Fraser Timber Common Shares West Fraser Timber 1 07/03/2016 38 46.951 305,188 62,247 Co. Ltd. Co. Ltd. West Fraser Timber Common Shares West Fraser Timber 1 08/03/2016 38 47.749 367,435 62,247 Co. Ltd. Co. Ltd. West Fraser Timber Common Shares West Fraser Timber 1 09/03/2016 38 47.155 429,682 62,247 Co. Ltd. Co. Ltd. West Fraser Timber Common Shares West Fraser Timber 1 10/03/2016 38 46.553 491,929 62,247 Co. Ltd. Co. Ltd. Western Forest Performance Share Demens, Donald 5 01/05/2009 00 Products Inc. Units (PSU’s) Eugene Western Potash Corp. Common Shares Western Potash 1 08/03/2016 38 0.19 2,876,500 53,000 Corp. Western Potash Corp. Common Shares Western Potash 1 09/03/2016 38 0.19 2,929,500 53,000 Corp. Western Potash Corp. Common Shares Western Potash 1 10/03/2016 38 0.19 2,982,500 53,000 Corp. Western Potash Corp. Common Shares Western Potash 1 11/03/2016 38 0.19 3,035,500 53,000 Corp. Wi-LAN Inc. Common Shares Wi-LAN Inc. 1 07/03/2016 10 2.583 250,000 30,000 Wi-LAN Inc. Common Shares Wi-LAN Inc. 1 08/03/2016 10 2.5442 280,000 30,000 Wi-LAN Inc. Common Shares Wi-LAN Inc. 1 09/03/2016 10 2.57 295,000 15,000 Wi-LAN Inc. Common Shares Wi-LAN Inc. 1 10/03/2016 10 2.5763 325,000 30,000 Wi-LAN Inc. Common Shares Wi-LAN Inc. 1 11/03/2016 10 2.5417 355,000 30,000 WPC Resources Inc. Common Shares Goad, Bruce 3 29/02/2016 10 0.05 3,000,000 -1,500,000

March 17, 2016 (2016), 39 OSCB 2638

Insider Reporting

Issuer Name Security Insider Name Rel’n Transaction T/O Unit Date/Month End Acquired/ Date Price Holdings Disposed WSP Global Inc. Common Shares Blasutta, Hugo 5 07/03/2016 00 6,950 Joseph Xenon Options Cohen, Charles Jay 5 11/03/2016 50 120,778 25,000 Pharmaceuticals Inc. Xenon Options Goldberg, Yigal Paul 5 11/03/2016 50 121,085 20,000 Pharmaceuticals Inc. Xenon Options Mortimer, Ian 5 11/03/2016 50 189,340 40,000 Pharmaceuticals Inc. Charles Xenon Options Pimstone, Simon 4 11/03/2016 50 426,765 50,000 Pharmaceuticals Inc. Neil Xenon Options Sherrington, Robin 5 11/03/2016 50 148,799 20,000 Pharmaceuticals Inc. Paul Ximen Mining Corp. Common Shares Anderson, 4 08/03/2016 10 0.055 1,344,100 15,000 Christopher Ross Yangarra Resources Options Bowerman, Gordon 4 08/03/2016 52 2.22 313,336 -16,667 Ltd. Yangarra Resources Options Evaskevich, James 4, 5 08/03/2016 52 2.22 1,316,670 -133,334 Ltd. Grant Yangarra Resources Options Glessing, James, 5 08/03/2016 52 2.22 516,669 -116,667 Ltd. Alan Yangarra Resources Options Weir, Robert 4 08/03/2016 52 2.22 376,669 -16,667 Ltd. Yellow Pages Limited Common Shares Maillé, Ginette 5 02/03/2016 10 19.27 -2,600 Yellow Pages Limited Common Shares Maillé, Ginette 5 02/03/2016 10 19.16 7,225 -2,600 Yellow Pages Limited Common Shares Maillé, Ginette 5 20/12/2012 00 Yellow Pages Limited Common Shares Maillé, Ginette 5 02/03/2016 10 19.27 2,600 Yellow Pages Limited Common Shares Maillé, Ginette 5 02/03/2016 10 19.36 2,600 2,600 Yieldplus Income Fund Trust Units YIELDPLUS Income 1 10/03/2016 38 5.6 86,977,024 900 Fund Zazu Metals Common Shares Atzmon, Gil 5 11/03/2016 10 0.15 6,897,500 10,000 Corporation ZCL Composites Inc. Options Aldana, Rene 5 19/01/2016 00 ZCL Composites Inc. Options Aldana, Rene 5 08/03/2016 50 7.85 24,000 24,000 ZCL Composites Inc. Options Bachmeier, Ronald 7 08/03/2016 50 7.85 129,033 34,366 Marvin ZCL Composites Inc. Common Shares Demuth, Katherine 5 07/03/2016 10 7.66 68,213 29,280 Lynne ZCL Composites Inc. Common Shares Demuth, Katherine 5 07/03/2016 10 7.66 46,752 -21,461 Lynne ZCL Composites Inc. Options Demuth, Katherine 5 07/03/2016 51 4.72 56,000 -29,280 Lynne ZCL Composites Inc. Options Demuth, Katherine 5 08/03/2016 50 8.75 23,603 Lynne ZCL Composites Inc. Options Demuth, Katherine 5 08/03/2016 50 7.85 79,603 23,603 Lynne ZCL Composites Inc. Common Shares Lafferty, Bernard 5 11/03/2016 10 3.15 500 500 Allan ZCL Composites Inc. Common Shares Lafferty, Bernard 5 11/03/2016 10 7.6 206 -294 Allan ZCL Composites Inc. Options Lafferty, Bernard 5 08/03/2016 50 7.85 9,500 1,500 Allan ZCL Composites Inc. Options Lafferty, Bernard 5 11/03/2016 51 3.15 9,000 -500 Allan ZCL Composites Inc. Common Shares Pejs, Michael 5 09/03/2016 10 7.75 4,420 1,800 ZCL Composites Inc. Common Shares Pejs, Michael 5 10/03/2016 10 3.15 10,670 6,250 ZCL Composites Inc. Common Shares Pejs, Michael 5 10/03/2016 10 7.75 4,420 -6,250 ZCL Composites Inc. Options Pejs, Michael 5 08/03/2016 50 7.85 47,750 9,000 ZCL Composites Inc. Options Pejs, Michael 5 10/03/2016 51 3.15 41,500 -6,250 Zephyr Minerals Ltd. Common Shares Felderhof, G. William 4 10/03/2016 10 0.15 1,929,833 3,500 Zephyr Minerals Ltd. Common Shares Felderhof, G. William 4 10/03/2016 10 0.16 1,931,333 1,500

March 17, 2016 (2016), 39 OSCB 2639

Insider Reporting

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March 17, 2016 (2016), 39 OSCB 2640

Chapter 11

IPOs, New Issues and Secondary Financings

Issuer Name: Issuer Name: GLOBEVEST CAPITAL TACTICAL COVERED OPTIONS RBC U.S. Small-Cap Value Equity Fund FUND Principal Regulator - Ontario Principal Regulator - Quebec Type and Date: Type and Date: Amendment #1 dated March 8, 2016 to the Simplified Preliminary Simplified Prospectus dated March 8, 2016 Prospectus and Annual Information Form dated September NP 11-202 Receipt dated March 11, 2016 3, 2015 Offering Price and Description: NP 11-202 Receipt dated March 8, 2016 Series A, F and O Units Offering Price and Description: Underwriter(s) or Distributor(s): Series A, Advisor Series, Series D, Series F and Series O units Promoter(s): Underwriter(s) or Distributor(s): Globevest Capital Ltd. RBC Global Asset Management Inc. Project #2453455 Royal Mutual Funds Inc. RBC Global Asset Management Inc. ______Promoter(s): Issuer Name: RBC Global Asset Management Inc. Lydian International Limited Project #2375527 Principal Regulator - Ontario Type and Date: ______Fourth Amended and Restated Preliminary Short Form Issuer Name: Prospectus dated March 8, 2016 RMP Energy Inc. NP 11-202 Receipt dated March 8, 2016 Principal Regulator - Alberta Offering Price and Description: Type and Date: $33,350,000.00 - 115,000,000 Subscription Receipts, each Preliminary Short Form Prospectus dated March 8, 2016 representing the right to receive one Ordinary Share and NP 11-202 Receipt dated March 8, 2016 three-quarters of one Ordinary Share Purchase Warrant Offering Price and Description: Price: $* per Subscription Receipt $30,033,000.00 - 21,300,000 Common Shares Underwriter(s) or Distributor(s): Price: $1.41 per Common Share Scotia Capital Inc. Underwriter(s) or Distributor(s): BMO Nesbitt Burns Inc. Macquarie Capital Markets Canada Ltd. GMP Securities L.P. Cormark Securities Inc. National Bank Financial Inc. FirstEnergy Capital Corp. Sprott Private Wealth L.P. National Bank Financial Inc. Promoter(s): Scotia Capital Inc. - GMP Securities L.P. Project #2427228 Peters & Co. Limited Dundee Securities Ltd. ______Promoter(s): Issuer Name: - New Leaders Class Project #2450880 Principal Regulator - Ontario Type and Date: ______Amendment dated March 7, 2016 to Preliminary Long Form Prospectus dated January 22, 2016 NP 11-202 Receipt dated March 9, 2016 Offering Price and Description: Shares Underwriter(s) or Distributor(s): - Promoter(s): EXCEL FUNDS MANAGEMENT INC. Project #2437771

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March 17, 2016 (2016), 39 OSCB 2641

IPOs, New Issues and Secondary Financings

Issuer Name: Issuer Name: Business Cycle Growth Fund Noront Resources Ltd. Business Cycle Income Fund Principal Regulator - Ontario Principal Regulator - Nova Scotia Type and Date: Type and Date: Final Short Form Prospectus dated March 10, 2016 Amendment #1 dated January 14, 2016 to the Simplified NP 11-202 Receipt dated March 11, 2016 Prospectus dated March 6, 2015 Offering Price and Description: NP 11-202 Receipt dated March 9, 2016 Minimum $3,000,000 - Maximum $5,500,000 Up to Offering Price and Description: 11,428,572 Units and Up to 3,333,334 Flow-Through Units Series A Units @ Net Asset Value Price: $0.35 per Unit and Price: $0.45 per Flow-Through Underwriter(s) or Distributor(s): Unit - Underwriter(s) or Distributor(s): Promoter(s): Secutor Capital Management Corporation - Promoter(s): Project #2302245 - Project #2447879 ______Issuer Name: ______Capital Group Global Balanced Fund (Canada) Issuer Name: Principal Regulator - Ontario Canadian Imperial Bank of Commerce Type and Date: Principal Regulator - Ontario Amendment #1 dated March 3, 2016 to the Simplified Type and Date: Prospectuses and Annual Information Form dated August Preliminary Base Shelf Prospectus dated March 9, 2016 14, 2015 NP 11-202 Receipt dated March 9, 2016 NP 11-202 Receipt dated March 11, 2016 Offering Price and Description: Offering Price and Description: $10,000,000,000.00 Series A, B, E, F, H, I, T4 AND F4 Units @ Net Asset Value Debt Securities (unsubordinated indebtedness) Underwriter(s) or Distributor(s): Debt Securities (subordinated indebtedness) - Common Shares Promoter(s): Class A Preferred Shares CAPITAL INTERNATIONAL ASSET MANAGEMENT Underwriter(s) or Distributor(s): (CANADA), INC. - Project #2372137 Promoter(s): - ______Project #2452850 Issuer Name: Lydian International Limited ______Principal Regulator - Ontario Issuer Name: Type and Date: Canyon Services Group Inc. Final Short Form Prospectus dated March 11, 2016 Principal Regulator - Alberta NP 11-202 Receipt dated March 14, 2016 Type and Date: Offering Price and Description: Preliminary Short Form Prospectus dated March 11, 2016 $33,350,000.00 - 115,000,000 Subscription Receipts, each NP 11-202 Receipt dated March 11, 2016 representing the right to receive one Ordinary Share and Offering Price and Description: three-quarters of one Ordinary Share Purchase Warrant $55,000,000.00 - 13,750,000 Common Shares Price: $0.29 per Subscription Receipt Price: $4.00 per Common Share Underwriter(s) or Distributor(s): Underwriter(s) or Distributor(s): Scotia Capital Inc. Peters & Co. Limited BMO Nesbitt Burns Inc. CIBC World Markets Inc. GMP Securities L.P. Cormark Securities Inc. National Bank Financial Inc. Raymond James Ltd. Sprott Private Wealth L.P. National Bank Financial Inc. Promoter(s): AltaCorp Capital Inc. - FirstEnergy Capital Corp. Project #2427228 RBC Dominion Securities Inc. TD Securities Inc. ______Promoter(s): - Project #2452312

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March 17, 2016 (2016), 39 OSCB 2642

IPOs, New Issues and Secondary Financings

Issuer Name: Issuer Name: EnerCare Inc. RBC Global Dividend Growth Class Principal Regulator - Ontario RBC Global Equity Focus Class Type and Date: RBC Global Growth & Income Class Preliminary Short Form Prospectus dated March 11, 2016 RBC International Dividend Growth Class NP 11-202 Receipt dated March 11, 2016 Principal Regulator - Ontario Offering Price and Description: Type and Date: $218,014,000.00 - 14,296,000 Subscription Receipts each Preliminary Simplified Prospectuses and Annual representing the right to receive one Common Share Information Form dated March 4, 2016 Price: $15.25 per Subscription Receipt NP 11-202 Receipt dated March 8, 2016 Offering Price and Description: Underwriter(s) or Distributor(s): Series A, Advisor Series, Advisor T5 Series, Series T5, National Bank Financial Inc. Series D, Series F, Series FT5 and Series O Mutual Fund TD Securities Inc. Shares RBC Dominion Securities Inc. Underwriter(s) or Distributor(s): Scotia Capital Inc. RBC Global Asset Management Inc. Desjardins Securities Inc. Promoter(s): Goldman Sachs Canada Inc. RBC Global Asset Management Inc. Promoter(s): Project #2451762 - Project #2452311 ______Issuer Name: ______RMP Energy Inc. Issuer Name: Principal Regulator - Alberta GLOBEVEST CAPITAL TACTICAL COVERED OPTIONS Type and Date: FUND Preliminary Short Form Prospectus dated March 8, 2016 Principal Regulator - Quebec NP 11-202 Receipt dated March 8, 2016 Type and Date: Offering Price and Description: Preliminary Simplified Prospectus dated March 8, 2016 $30,033,000.00 - 21,300,000 Common Shares NP 11-202 Receipt dated March 11, 2016 Price: $1.41 per Common Share Offering Price and Description: Underwriter(s) or Distributor(s): Series A, F and O Units Macquarie Capital Markets Canada Ltd. Underwriter(s) or Distributor(s): Cormark Securities Inc. - FirstEnergy Capital Corp. Promoter(s): National Bank Financial Inc. Globevest Capital Ltd. Scotia Capital Inc. Project #2453455 GMP Securities L.P. Peters & Co. Limited ______Dundee Securities Ltd. Issuer Name: Promoter(s): New Leaders Class (Formerly: Excel New Leaders Class) - Principal Regulator - Ontario Project #2450880 Type and Date: Amended and Restated Preliminary Long Form Prospectus ______dated March 7, 2016 NP 11-202 Receipt dated March 9, 2016 Offering Price and Description: Shares Underwriter(s) or Distributor(s): - Promoter(s): EXCEL FUNDS MANAGEMENT INC. Project #2437771

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March 17, 2016 (2016), 39 OSCB 2643

IPOs, New Issues and Secondary Financings

Issuer Name: Issuer Name: BMO S&P 500 Hedged to CAD Index ETF Capital Group Canadian Focused Equity Fund (Canada) BMO Nasdaq 100 Equity Hedged to CAD Index ETF (Series A, B, D, E, F, H and I Units) BMO Short-Term US IG Corporate Bond Hedged to CAD Capital Group Global Equity Fund (Canada) Index ETF (Series A, B, D, E, F, H and I Units) (USD Units) Capital Group International Equity Fund (Canada) Principal Regulator - Ontario (Series A, B, D, E, F, H and I Units) Type and Date: Capital Group U.S. Equity Fund (Canada) Amendment #1 dated March 8, 2016 to the Long Form (Series A, B, D, E, F, H and I Units) Prospectus dated January 29, 2016 Capital Group Emerging Markets Total Opportunities Fund NP 11-202 Receipt dated March 10, 2016 (Canada) Offering Price and Description: (Series A, B, D, E, F, H and I Units) USD Units @ Net Asset Value Capital Group Canadian Core Plus Fixed Income Fund Underwriter(s) or Distributor(s): (Canada) - (Series A, B, E, F, H and I Units) Promoter(s): Principal Regulator - Ontario BMO Asset Management Inc. Type and Date: Project #2432367 Amendment #1 dated March 3, 2016 to the Simplified Prospectuses and Annual Information Form dated May 22, ______2015 Issuer Name: NP 11-202 Receipt dated March 11, 2016 Sentry U.S. Growth and Income Currency Neutral Class Offering Price and Description: Principal Regulator - Ontario Series A, B, D, E, F, H and I Units @ Net Asset Value Type and Date: Underwriter(s) or Distributor(s): Preliminary Simplified Prospectus dated March 7, 2016 - NP 11-202 Receipt dated March 8, 2016 Promoter(s): Offering Price and Description: CAPITAL INTERNATIONAL ASSET MANAGEMENT Series A, Series B, Series F, Series O and Series I Shares (CANADA), INC. Underwriter(s) or Distributor(s): Project #2338779 Sentry Investments Inc. Promoter(s): ______Sentry Investments Inc. Issuer Name: Project #2452420 Capital Group Global Balanced Fund (Canada) Principal Regulator - Ontario ______Type and Date: Issuer Name: Amendment #1 dated March 3, 2016 to the Simplified Business Cycle Growth Fund Prospectus and Annual Information Form dated August 14, Business Cycle Income Fund 2015 Principal Regulator - Nova Scotia NP 11-202 Receipt dated March 11, 2016 Type and Date: Offering Price and Description: Amendment #1 dated January 14, 2016 to the Simplified Series A, B, E, F, H, I, T4 AND F4 Units @ Net Asset Value Prospectuses and Annual Information dated March 6, 2015 Underwriter(s) or Distributor(s): NP 11-202 Receipt dated March 9, 2016 - Offering Price and Description: Promoter(s): Series A Units @ Net Asset Value CAPITAL INTERNATIONAL ASSET MANAGEMENT Underwriter(s) or Distributor(s): (CANADA), INC. - Project #2372137 Promoter(s): - ______Project #2302245

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March 17, 2016 (2016), 39 OSCB 2644

IPOs, New Issues and Secondary Financings

Issuer Name: Issuer Name: Lydian International Limited Canoe Canadian Balanced Income Fund (formerly O’Leary Principal Regulator - Ontario Canadian Balanced Income Fund) (Series A and F) Type and Date: Canoe Canadian Corporate Bond Fund (formerly O’Leary Final Short Form Prospectus dated March 11, 2016 Canadian Bond Yield Fund) (Series A, F, I) NP 11-202 Receipt dated March 14, 2016 Canoe Canadian Dividend Fund (formerly O’Leary Offering Price and Description: Canadian Dividend Fund) (Series A, F, I) $33,350,000.00 - 115,000,000 Subscription Receipts, each Canoe Canadian High Income Fund (formerly O’Leary representing the right to receive one Ordinary Share and Canadian High Income Fund) (Series A, F, X, Y) three-quarters of one Ordinary Share Purchase Warrant Canoe Conservative Income Fund (formerly O’Leary Price: $0.29 per Subscription Receipt Conservative Income Fund) (Series A, F) Underwriter(s) or Distributor(s): Canoe Emerging Markets Income Fund (formerly O’Leary Scotia Capital Inc. Emerging Markets Income Fund) (Series A (hedged), A, F BMO Nesbitt Burns Inc. (hedged), X (hedged)) GMP Securities L.P. Canoe Floating Rate Income Fund (formerly O’Leary National Bank Financial Inc. Floating Rate Income Fund) (Series A (hedged), A, F Sprott Private Wealth L.P. (hedged), F, I (hedged), Z) Promoter(s): Canoe Global Bond Yield Advantaged Fund (formerly - O’Leary Global Bond Yield Advantaged Fund) Project #2427228 (Series A, F, X) Canoe Global Bond Yield Fund (formerly O’Leary Global ______Bond Yield Fund) (Series A (hedged), A, F (hedged), F, I Issuer Name: (hedged)) Noront Resources Ltd. Canoe Global Dividend Fund (formerly O’Leary Global Principal Regulator - Ontario Dividend Fund) (Series A (hedged), A, F (hedged), F, X Type and Date: (hedged)) Final Short Form Prospectus dated March 10, 2016 Canoe Global Balanced Fund (formerly O’Leary Global NP 11-202 Receipt dated March 11, 2016 Infrastructure Income Fund) (Series A (hedged), F Offering Price and Description: (hedged), X (hedged), Y (hedged)) Minimum $3,000,000 - Maximum $5,500,000 Canoe Global Growth & Income Fund (formerly O’Leary Up to 11,428,572 Units and Up to 3,333,334 Flow-Through Global Growth & Income Fund) (Series A (hedged), A, F Units (hedged), F, Founder’s Series (hedged), X (hedged)) Price: $0.35 per Unit and Price: $0.45 per Flow-Through Canoe Tactical Income Fund (formerly O’Leary Tactical Unit Income Fund) (Series A (hedged), A, A (USD), F (hedged), Underwriter(s) or Distributor(s): F, F (USD)) Secutor Capital Management Corporation Canoe U.S. Strategic Yield Fund (formerly O’Leary U.S. Promoter(s): Strategic Yield Fund) (Series A (hedged), A, A(USD), F - (hedged), F, F (USD))Principal Regulator - Alberta Project #2447879 Type and Date: Amended and Restated Simplified Prospectuses and ______Annual Information Form dated February 22, 2016 NP 11- 202 Receipt dated March 10, 2016 Offering Price and Description: Series A, A (hedged), A (USD), F, F (hedged), F (USD), Founder’s Series (hedged), I, I (hedged), X, X (hedged), Y, Y (hedged) and Z units Underwriter(s) or Distributor(s): - Promoter(s): O’Leary Funds Management LP Project #2352584

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March 17, 2016 (2016), 39 OSCB 2645

IPOs, New Issues and Secondary Financings

Issuer Name: Issuer Name: RBC U.S. Small-Cap Value Equity Fund Sun Life MFS Low Volatility International Equity Fund Principal Regulator - Ontario Sun Life MFS Low Volatility Global Equity Fund Type and Date: (Series A, T5, T8, F, O and I securities) Amendment #1 dated March 8, 2016 to the Simplified Principal Regulator - Ontario Prospectus and Annual Information Form dated September Type and Date: 3, 2015 Amendment #1 dated February 22, 2016 to the Annual NP 11-202 Receipt dated March 9, 2016 Information Form dated February 5, 2016 Offering Price and Description: NP 11-202 Receipt dated March 10, 2016 Series A, Advisor Series, Series D, Series F and Series O Offering Price and Description: units - Underwriter(s) or Distributor(s): Underwriter(s) or Distributor(s): RBC Global Asset Management Inc. - Royal Mutual Funds Inc. Promoter(s): RBC Global Asset Management Inc. Sun Life Global Investment (Canada) Inc. Promoter(s): Project #2421596 RBC Global Asset Management Inc. Project #2375527 ______Issuer Name: ______Tamarack Valley Energy Ltd. Issuer Name: Principal Regulator - Alberta Spartan Energy Corp. Type and Date: Principal Regulator - Alberta Final Short Form Prospectus dated March 11, 2016 Type and Date: NP 11-202 Receipt dated March 11, 2016 Final Short Form Prospectus dated March 8, 2016 Offering Price and Description: NP 11-202 Receipt dated March 8, 2016 $38,000,880.00 - 13,014,000 Common Shares Offering Price and Description: $2.92 per Common Share $85,000,700.00 - 35,270,000 Common Shares, $2.41 per Underwriter(s) or Distributor(s): Common Share National Bank Financial Inc. Underwriter(s) or Distributor(s): Dundee Securities Ltd. Peters & Co. Limited Macquarie Capital Markets Canada Ltd. GMP Securities L.P. Peters & Co. Limited TD Securities Inc. RBC Dominion Securities Inc. Clarus Securities Inc. CIBC World Markets Inc. Desjardins Securities Inc. Desjardins Securities Inc. Dundee Securities Ltd. Firstenergy Capital Corp. National Bank Financial Inc. GMP Securities L.P. Scotia Capital Inc. Promoter(s): Cormark Securities Inc. - Altacorp Capital Inc. Project #2451655 Firstenergy Capital Corp. Paradigm Capital Inc. ______Promoter(s): - Project #2446747

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March 17, 2016 (2016), 39 OSCB 2646

IPOs, New Issues and Secondary Financings

Issuer Name: Trevali Mining Corporation Principal Regulator - British Columbia Type and Date: Final Short Form Prospectus dated March 10, 2016 NP 11-202 Receipt dated March 10, 2016 Offering Price and Description: $13,000,000.00 - 40,625,000 Common Shares Price: $0.32 per Common Share Underwriter(s) or Distributor(s): Dundee Securities Ltd. Raymond James Ltd. Scotia Capital Inc. GMP Securities L.P. Haywood Securities Inc. Laurentian Bank Securities Inc. Paradigm Capital Inc.. Promoter(s): - Project #2448956

______Issuer Name: Madalena Energy Inc. Principal Regulator - Alberta Type and Date: Preliminary Short Form Prospectus dated March 1, 2016 Withdrawn on March 14, 2016 Offering Price and Description: $27,000,000.00 - * Common Shares Price: $* per Common Share Underwriter(s) or Distributor(s): RBC Dominion Securities Inc. TD Securities Inc. Haywood Securities Inc. Industrial Alliance Securities Inc. CIBC Worldmarkets Inc. Dundee Securities Ltd. Mackie Research Capital Corporation Promoter(s): - Project #2450360

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IPOs, New Issues and Secondary Financings

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March 17, 2016 (2016), 39 OSCB 2648

Chapter 12

Registrations

12.1.1 Registrants

Type Company Category of Registration Effective Date

New Registration PillarFour Securities Inc. Exempt Market Dealer March 8, 2016

From: Portfolio Manager and Exempt Market Dealer Change in Registration Aviva Investors Canada Inc. March 10, 2016 Category To: Commodity Trading Manager, Portfolio Manager and Exempt Market Dealer

Edison Asset Management New Registration Portfolio Manager March 8, 2016 Corporation

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Registrations

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March 17, 2016 (2016), 39 OSCB 2650

Chapter 13

SROs, Marketplaces, Clearing Agencies and Trade Repositories

13.1 SROs

13.1.1 MFDA – Amendments to MFDA Rule 1.2 (Individual Qualifications) – OSC Staff Notice of Commission Approval

OSC STAFF NOTICE OF COMMISSION APPROVAL

THE MUTUAL FUND DEALERS ASSOCIATION OF CANADA (MFDA)

AMENDMENTS TO RULE 1.2 (INDIVIDUAL QUALIFICATIONS)

The Recognizing Regulators of the Mutual Fund Dealers Association of Canada (MFDA) have approved or not objected to amendments to MFDA Rule 1.2. The objectives of the amendments are to: conform requirements under MFDA Rules to similar requirements under securities legislation; and clarify the application and scope of existing obligations under MFDA Rules with respect of outside activities.

The proposed amendments to MFDA Dealer Member Rule 1.2 were published for comment on June 18, 2015 for a 90 day comment period at (2015) 38 OSCB 5667. Four comment letters were received. A copy of the MFDA proposed amendments, including MFDA’s responses to the comment letters, can be found on our website at http://www.osc.gov.on.ca. The amendments are effective immediately.

In addition, the British Columbia Securities Commission, the Alberta Securities Commission, the Financial and Consumer Affairs Authority of Saskatchewan, the Financial and Consumer Services Commission of New Brunswick, the Manitoba Securities Commission, the Nova Scotia Securities Commission, and the Prince Edward Island Office of the Superintendent of Securities Office did not object to or approved the amendments.

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SROs, Marketplaces, Clearing Agencies and Trade Repositories

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Index

Aviva Investors Canada Inc. Vitug, Julius Caesar Phillip Change in Registration Category ...... 2649 Notice of Hearing with Related Statement of Allegations – ss. 127, 127.1 ...... 2451 Boomerang Oil, Inc. Notice from the Office of the Secretary ...... 2454 Cease Trading Order ...... 2485

Canadian National Railway Company Order – s. 104(2)(c) ...... 2470

Celestica Inc. Order – s. 104(2)(c) ...... 2460

Cerro Grande Mining Corporation Cease Trading Order ...... 2485

Edison Asset Management Corporation New Registration ...... 2649

Enerdynamic Hybrid Technologies Corp. Cease Trading Order ...... 2485

First Asset CanBanc Split Corp. Decision – s. 1(10)(a)(ii) ...... 2456

Highmark Technologies Corp. Cease Trading Order ...... 2485

MFDA SROs – Amendments to MFDA Rule 1.2 (Individual Qualifications) – OSC Staff Notice of Commission Approval ...... 2651

MJ Bioscience Corp. Cease Trading Order ...... 2485

PillarFour Securities Inc. New Registration ...... 2649

Sawh, Sanjiv OSC Reasons: Director’s Decision – s. 31...... 2477

St Andrew Goldfields Ltd. Decision – s. 1(10)(a)(ii) ...... 2455 Order – s. 1(6) of the OBCA ...... 2468

Starrex International Ltd. Cease Trading Order ...... 2485

Tango Mining Limited Cease Trading Order ...... 2485

TD Asset Management Inc. Decision ...... 2457

TD Corporate Bond Capital Yield Fund Decision ...... 2457

March 17, 2016 (2016), 39 OSCB 2653

Index

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March 17, 2016 (2016), 39 OSCB 2654