IN THE MATTER OF THE COMPANIES' CREDITORS ARRANGEMENT ACT. R.S.C. 1985 C.c-36 AS AMENDED

AND IN THE MATTER OF A PROPOSED PLAN OF COMPROMISE OR ARRANGMETN WITH RESPECT TO

NORTH AMERICAN FUR AUCTION INC.

LIST OF CREDITORS

(Revised as of November 11, 2019) 1. The attached list of creditors with claims > $1000 was prepared base on information available from the books and records of the "NAFA" as of October 31, 2019. 2. Creditors are not required to submit a proof of claim at this time.

Creditor Name Address1 Address2 City Province/State Postal Code Country Amount ($) VAN ANSEM PARTICIPATIES BV HAZENHUTSEDIJK 11 DE RIPS NL-5764 RP THE NETHERLANDS 9,305,394 BROS TR DITSIOS & CO SA (SPECIAL - SEE ALSO 2703) (DEPOSIT ACCOUNT) DISPILIO KASTORIA 52057 GRC 1,762,414 JONI MINK VAN ANSEM SP.J. J. & N. VAN ANSEM GOLENIOW 72-110 POLAND 1,654,014 SPRINGBROOK FUR FARMS LIMITED 1561 BERLETTS RD ST AGATHA ON N0B 2L0 CANADA 1,374,581 MUELLER FLESHING & SUPPLY 19309 COUNTY ROAD 141 KIMBALL MN 55353 USA 1,349,721 AG RONECO FARM SRL BRASOV STR. MATEI BASARAB, NR 12, APT 3 BRASOV ROMANIA 1,330,064 W BROWN FARM LTD 45622 207TH ARLINGTON SD 57212 USA 1,257,475 GEBR-A DO NOT MAIL POLAND POLAND 1,032,912 MICHAEL'S FURS/MONTANA FUR TRADERS MICHAEL PAPPAS 2270 WEST WASHINGTON BLVD LOS ANGELES CA 90018 USA 972,852 W.P.C HEIJDEN FINEST FURS MARIAHOUT THE NETHERLANDS 685,265 V.O.F. VAN GOG-RELOU-COLLATERAL LAREN 4A 5763 PB MILHEEZE THE NETHERLANDS 622,555 NORKA SP.ZO.O GRYFICE POLAND 600,323 GLOBAL FUR HOLDINGS UL. GRANITOWA 10 LOZIENICA, 72-100 GM. GOLENIOW POL 527,095 FERTILE INVESTMENTS BELIZE 35A REGENT STREET BELIZE CITY BEZ 520,034 MR. JAROSLAW PIOSZYK, JAPI FARM S.C. BIALA WIES 8A GRODZISK WIELKOPOLSKI 62-065 POLAND 510,569 MATHEWS LIVESTOCK INC C/O LARRY MATHEWS 145 N MAINE ST., PO Box 187 MILLVILLE UT 84326 USA 467,918 JOOS BV SASSEKAMP 9 LEDEACKER 5846AN THE NETHERLANDS 352,470 MILLBANK FUR FARM TED PARKINSON 5712 - 4TH LINE ROCKWOOD ON N0B 2K0 CANADA 350,000 R B R FUR FARMS LIMITED RANKIN, KIRK BOX 481 ST MARYS ON N4X 1B3 CANADA 333,436 B.J. FARM SP.ZO.O. UL. GARBARY 16 GRODZISK WLKP 62-065 POLAND 326,801 A.J.T. FARMING MAIN AVRAM IANCU NR 48A SCARA A, APARTAMENT 46 CAM. 2 BRASOV 500086 ROMANIA 321,399 N.S. GREECE LTD N.S. GREECE LTD TBA KASTORIA GRC 310,260 FARM VAN DEURZEN FARM VAN DEURZEN LORBAAN 4 GRASHOEK 5985 NZ THE NETHERLANDS 300,000 WESTERN STAR FUR FARM INC 92326 CONROY ROAD ASTORIA OR 97103 USA 238,406 MICHAEL'S FURS 2270 W WASHINGTON BLVD LOS ANGELES CA 90018 USA 227,686 HOLDING JANSSEN OPLOO B V DORPSSTRAAT 45 LEDEACKER 5846 AB THE NETHERLANDS 212,659 MAYER & CIE-AG. WERNER MERZBACHER ALPENSTRASSE 1 ZUG 6300 SWI 204,257 HILLIARD FUR FARMS LTD HILLIARD, BLAIR 737 COUNTRY SQUIRE ROAD WATERLOO ON N2J 4G8 CANADA 182,028 FTI CAPITAL ADVISOR CANADA TD WATERHOUSE TOWER 79 WELLINGTON ST. W. STE 2010, PO BOX 104 TORONTO ONTARIO M5K 1G8 CANADA 180,708 RICHARD H STAHL SONS INC 4130 STATE RT 890 SUNBURY PA 17801 USA 175,000 MITENA TRADING LTD AL JAZEERA AL HAMRA RAS AL KHAIMAH UAE 173,776 VAN ANSEM MEIJEL B.V. LANGSTRAAT 17 MEIJEL 5768 PP THE NETHERLANDS 164,934 JASPERS PELSDIERENFARM B.V.-COLLATERAL KLUIZERDIJK 90 VALKENSWAARD 5556 XS THE NETHERLANDS 148,775 KIVENTIDIS NIKOLAOS & CO. NIKOLAS KIVENTIDIS 20 CHRISTOPOULOU ST KASTORIA GRC 148,367 GOLDEN MILE INTERNATIONAL IND. LTD HENRY CHAN UNIT 1007, NANFUNG COMMERCIAL CTR, 19 LAM LOK ST KOWLOON HKG 147,817 CANADA MINK BREEDERS ASSOCIATION 65 SKYWAY AVE, SUITE B ETOBICOKE ONTARIO CANADA 135,617 WEISDORFER FUR FARM LLC WEISDORFER, LEO BOX 546 BORING OR 97009 USA 130,613 DATA GROUP LTD. 9195 TOBRAM ROAD BRAMPTON ONTARIO L6S 6H2 CANADA 124,360 RENAPS 101 BOUL. MARCEL-LAURIN, SUITE 300 MONTREAL QUEBEC H4N 2M3 CANADA 123,743 KING LORENZ FUR (H.K.) LTD MAURIZIO BRASCHI UNIT 1202, 12TH FLR, MIDAS PLAZA, NO. 1, TAI YAU ST. SAN PO KONG KOWLOON HKG 123,551 HAN MERCHANDISING SHON S.H. HAN RM 2014, HYUNDAI WORLD TWR, 77, MOKDONGSEO-RO YANGCHEON-GU SEOUL 158-735 KOR 121,479 MEGA FUR LTD CHAD YANG ROOM E, 21/F, INFOTECH CTR, NO. 21 HUNG TO RD. KWUN TONG KOWLOON HKG 119,866 MATHEWS LIVESTOCK INC L MATHEWS 610 EAST 200 SOUTH HYRUM UT 84319 USA 106,909 FLEMMING'S MINK RANCH LIMITED FLEMMING, PAUL & CAROL & James C. 60 WATSON SETTLEMENT ROAD BELLVILLE NB E7M 5W6 CANADA 105,913 KEUN HWA TRADERS S.J. KIM KEUN HWA BLDG., 3-4 SAMJUN DONG SONGPA-KU SEOUL 138 180 KOR 101,729 MATTERHORN DAMMEK RUSSIA 100,792 R B R FUR FARMS LIMITED BOX 481 ST MARYS ON N4X 1B3 CANADA 100,000 STONEHENGE INDUSTRIES INC 4994 BATTERSEA ROAD BATTERSEA ON K0H 1H0 CANADA 100,000 BIBIKAS FURS OFF N 504, ABRAJ CENTRE DUBAI 00-000 UAE 100,000 FLEMMING'S MINK RANCH LTD 60 WATSON SETTLEMENT RD. BELLEVILLE NB E7M 5W6 CANADA 92,616 HARRIS GAVEL MINKERY LTD GAVEL, H RR 2, DIGBY COUNTY WEYMOUTH NS B0W 3T0 CANADA 87,586 FRANK GAVEL MINKERY LTD GAVEL, F RR 2, DIGBY COUNTY WEYMOUTH NS B0W 3T0 CANADA 85,779 WARDELL FUR FARM WARDELL, JAY 2425 WEST OLD HIGHWAY ROAD MORGAN UT 84050 USA 83,632 GIESBERTZ NERTSENHOUDERIJ B.V. DIJK 5A KESSEL 5995 PD THE NETHERLANDS 80,287 KEUN HWA FUR CO. LTD. KEVIN KIM KEUN HWA BLDG, 3-4 , SAMJUN-DONG, SONGPA-KU (138-180) SEOUL KOR 79,944 RICHARD H STAHL SONS INC M. STAHL 4130 STATE RT 890 SUNBURY PA 17801 USA 78,072 SLACK, SLACK BROS 32600 FUR ROAD LEBANON OR 97355 USA 73,711 CHARLEY INTERNATIONAL HOLDINGS LIMITED CHARLEY CHAN UNIT Q, 8/F, PHASE 3, KAISER ESTATE, 9-11 HOK YUEN ST. HUNG HOM KOWLOON HKG 70,309 POLAND FUR PRODUCTION SP ZOO T VAN ANSEM LESZCZNO 75, LESZCZNO 11, (PFP/75%) PRZYBIERNOW 72 110 POLAND 69,382 (4 / 1), B.V.B.A. MINKETEERS (FLEVO) HAZENHUTSEDIJK 11A RIPS 5764 RP THE NETHERLANDS 66,021 GEBR-A LEIF CONTRA DO NOT MAIL POLAND POLAND 64,875 PERRIN & SONS FUR FARM INC. 1628 600TH STREET CHEROKEE IA 51012 USA 63,658 DTS SA NAOUM DITSIOS INDUSTRIAL PARK OF KASTORIA DISPILIO KASTORIA 52057 GRC 61,845 CHINA FUR COMMODITIES LTD JIALIN FLAT/RM 1704, OMEGA PLAZA, 32 DUNDAS ST. KOWLOON HKG 57,897 DIAMOND B FARM LLC 4692 WEST 10000 SOUTH PAYSON UT 84651 USA 56,852 JINDO CO. LTD. SHON S. H. HAN JINDO B/D, 75, GASAN DIGITAL 1-RO, GEUMCHEON-GU, SEOUL 153-802 KOR 54,929 JF FUR FARMS FAUST, C 3116 COUNTY ROAD L TOMAHAWK WI 54487 USA 53,092 PATRICK FUR FARM INC W3746 WEST RIB ROAD WESTBORO WI 54490 USA 52,294 VAN DER HEIJDEN HOLDING MARIAHOUT VOSSENBERG 3B MARIAHOUT 5738 RH THE NETHERLANDS 51,218 AFOI G&N CHATZISYMEONIDIS O.E. GEORGE CHATZISIMEONIDIS PARADROMOS EGNATIAS PERIOHI AMPELOKOIPON GRC 51,155 DSV AIR & SEA INC. C/O T42352, P.O. BOX 4235, STATION A TORONTO ONTARIO M5W 5P7 CANADA 50,624 BROOKSIDE FUR FARM C/O DAVID MULLEN BOX 64 RR 2 WEYMOUTH NS B0W 3T0 CANADA 50,501 GIESBERTZ NERTSENHOUDERIJ B.V. DIJK 5A KESSEL 5995 PD THE NETHERLANDS 49,679 STONEHENGE INDUSTRIES INC W. FREEMAN 4994 BATTERSEA ROAD BATTERSEA ON K0H 1H0 CANADA 49,354 GENERATION FUR FARM LTD SABINE, L. PO BOX 428 METEGHAN NS B0W 2J0 CANADA 48,000 NEWISE ENTERPRISES (H.K.) LTD ELLY MAK UNIT 02-03, 8/F, TRENDY CTR, 682 CASTLE PEAK RD LAI CHI KOK KOWLOON HKG 46,224 EUGENE TRADING SUNNAM CHOO 519, 7, YEONMUJANG5 GA-GIL SEONGDONG-GU SEOUL KOR 44,604 TORONTO HYDRO ELECTRIC SYSTEM LIMITED 14 CARLTON STREET TORONTO ONTARIO M5B 1K5 CANADA 43,181 ARGYLE FARMS LTD S CROWELL PO BOX 37 ARCADIA NS B0W 1B0 CANADA 41,848 EXP SERVICES INC. 80 BANCROFT STREET HAMILTON ONTARIO L8E 2W5 CANADA 40,906 SORNSEN NEUENKRUG SCHLESEN D-24256 GERMANY 40,506 NORKA SP.ZO.O WYTOK 14 GRYFICE 72-300 POLAND 40,051 BOSMAN MINKFARM NETHERLANDS B.V. NIEUWSTRAAT 1 GELDERMALSEN 4191 PM THE NETHERLANDS 39,818 BEIJING SHULAN INTERNATIONAL GARMENTS CO LTD NO. 1 SHULAN ROAD, FUQIAN ST., BEIXIAOYING SHUNYI BEIJING CHI 39,661 WIEBKE FUR COMPANY TOM/DAN WIEBKE 110 ROSE STREET LACROISSE WI 54601 USA 39,369 JABILO FUR LTD. OGILBY, D. 1281 HWY 221, RR 1 WELTONS CORNER NS B0P 1R0 CANADA 38,264 H.K. TRADING COMPANY LTD 1ST FLOOR, 39 XU HUI STREET ZHEJIANG HAINING CHI 38,263 BOUWER B.V. KANAALWEG 2 LAAG-SOEREN 6957 DA THE NETHERLANDS 37,883 BEIJING MINK FUR IMPORT & EXPORT CO LTD 4/F., TALENT INTERNATIONAL BUILDIN NO. 80 GUANGQUMENNEI STREET DONGCHENG DISTRICT BEIJING 100062 CHI 37,314 MITCHELL MCCONNELL INSURANCE LTD. 660 ROTHESAY AVENUE SAINT JOHN NB E2H 2H4 CANADA 37,285 COX HIDE & FUR, R L BOX 25321 ALBUQUERQUE NM 87125 USA 36,926 VISONNIERE LABONTE & FILS INC LABONTE, J. C. 6020 BOULEVARD FRONTENAC EST THETFORD MINES QC G6H 4J5 CANADA 36,484 ONX ENTERPRISE SOLUTIONS LTD 165 COMMERCE VALLEY DR. W. SUITE 300 THORNHILL ON L3T 7V8 CANADA 36,078 DOGWOOD FUR FARMS LIMITED BERNEMANN, K 711 256TH STREET ALDERGROVE BC V4W 2H7 CANADA 35,950 LANGER ACRES LLC M & R LANGER 10414 CO ROAD J REEDSVILLE WI 54230 USA 35,682 COFAX PRINTING 2708 COVENTRY ROAD OAKVILLE ONTARIO L6H 6R1 CANADA 34,775 CORNELIS FLOOR TIENDWEG 4 HOUTEN 3997MN HOL 34,285 GUANGZHOU DONGSONG TRADING CO. MR. LAI (GUILIAO LAI) (DAVID YANG) SHOULD NOT BE NULL GUANGZHOU CHI 34,151 DRAGON STAR INTERNATIONAL TRADING LIMITED LAGIOTTI NRM 409, 4/F, TOWER 1,SILVERCORD CTR., 30 CANTON RD. TSIMSHATSUI KOWLOON HKG 31,502 SELECT EMPLOYMENT INC. 1200 MARKHAM ROAD, SUITE 222 SCARBOROUGH ONTARIO M1H 3C3 CANADA 31,278 EAST WEST TRADING BEIJING CHI 30,328 TMR FURS LLC N 3481 E COUNTY HWY A SHEBOYGAN FALLS WI 53085 USA 28,948 LONG RADIANCE LIMITED HAPPY PART PO BOX 217 APIA SAM 28,193 SANKEY MULLEN FUR FARM BROOKS & SANKEY MULLEN, C M RR 2 WEYMOUTH NS B0W 3T0 CANADA 27,147 MAYNARD MULLEN'S FUR FARM LTD MULLEN, M 4555 HAVELOCK, RTE 340, PRINCIPAL WEYMOUTH NS B0W 3T0 CANADA 26,948 ALFA JOB AGENCY CORP. 4990 DUNDAS STREET WEST TORONTO ONTARIO M9A 1B8 CANADA 26,338 FORMERLY KNOWN AS VICTORY AVIATOR, 3306319 NOVA SCOTIA LIMITED (NAFA FARM VICTORY AVIATOR PO BOX 40 WEYMOUTH NS B0W 3T0 CANADA 24,869 BLUE ANGEL FUR CO LTD. DRAGON WAN UNIT 601, KINETIC INDUSTRIAL CTR, 7 WANG KWONG RD. KOWLOON BAY KOWLOON HKG 24,754 GESSLERS PINE RIDGE MINK RANCH GESSLER, D N11856 HEAFFORD ROAD TOMAHAWK WI 54487 USA 24,711 MOERWEGEL MINK N.V. MOERWEGEL 8 MOERBEKERWAAS BEL 24,030 TYCO INTEGRATED SECURITY 40 SHEPPARD AVENUE WEST TORONTO ONTARIO M2N 6K9 CANADA 22,874 464676 BC LTD. 18145 20 AVENUE SURREY BC V3Z 9V8 CANADA 22,512 KOSMICH TRADING CORP. ROUGER LIN N/S TAIPEI TAI 21,795 GUCHEN COUNTY DAHUA HAOYE FUR HUAIFENG LI YINGDON PROJECT AREA, GUCHENG COUNTY HEBEI PROVINCE HENGSHUI CITY CHI 21,397 XEROX CANADA LTD. P.O. BOX 4539, STATION "A" TORONTO ONTARIO M5W 4P5 CANADA 21,101 PRODUIT MF LAJEUNESSE INC LAJEUNESSE, M 2274 GRAND RANG ST JACQUES MONTCALM QC J0K 2R0 CANADA 21,045 STERLING FUR & TOOL CO 11268 FRICK ROAD STERLING OH 44276 USA 20,501 SHENZHEN SUPERB DEVELOPMENT CO LTD GUANGDONG PROVINCE SHENZHEN CITY CHI 20,161 HILTON FUR AND LEATHER (HK) LIMITED V. WONG/ R. WONG UNIT 2, 11/F. HENG NGAI JEWELRY CTR., 4 HOK YUEN ST. EAST HUNG HOM KOWLOON HKG 19,116 JIXIANG RUYI FUR COMPANY INC XIAOJUN (DEREK) YIN 48 DEBDEN ROAD MARKHAM ON L3R 3W5 CANADA 19,084 CINEMA TRADE CORPORATION ATHANASIOS APOSTOLOPOULOS PH TORRE PANAMA, 15 FLR, BOULEVARD COSTA DEL ESTE & AVENIDA LA ROTONDA PANAMA PAN 18,663 OAKWOOD FUR FARM JONES, A 3708 BAKER ROAD, RR 3 NIAGARA FALLS ON L2E 6S6 CANADA 17,818 HURWITZ EXPORTS LIMITED STEVEN HURWITZ BELLSIDE HOUSE, 4 ELTHORNE ROAD LONDON N19 4AG UKM 17,597 HAN MERCHANDISING SHON HAN RM 2014, HYUNDAI WORLD TWR, 77, MOKDONGSEO-RO YANG CHEON-GU SEOUL 158-753 KOR 17,332 FUR INSTITUTE OF CANADA 331 RUE COOPER ST., SUITE 701 OTTAWA ONTARIO K2P 0G5 CANADA 17,323 E. H. TRADING, COMMISSION ACCOUNT BRAD RESNICK N/A KOWLOON HKG 17,132 FIRST CAPTURE STUDIOS TYLER ANDERSON PHOTOGRAPHY 184 ROSETHORN AVENUE TORONTO ONTARIO M6N 3L4 CANADA 17,054 TEKSTREAM SOLUTIONS, LLC P.O. BOX 56346 ATLANTA GA 30343 USA 16,624 LIAONING GUOHAI IMPT & EXPT TRADING CO LTD VICTORIA XIA SOUTH NO 4, 1 FL, NO. 15 BLDG, DONGWENHUA COMMUNITY, BAITA DIST. LIAOYANG LIAONING CHI 16,325 HONG KONG TIENTSIN INTERNATIONAL HOLDINGS LIMITED ANN CHAN/ GIBSON LAU UNIT 8, 10 FLOOR, TOWER 1, HARBOUR CTR, 1 HOK CHEUNG ST., HUNGHOM HKG 16,191 MINISTER OF FINANCE AURORA DISTRIC OFFICE 50 BLOOMINGTON ROAD AURORA ON L4G 0L8 CANADA 15,980 SAUL SON HOLDINGS INC 567 HENRY AVENUE WINNIPEG MANITOBA R3A 0T8 CANADA 15,855 MALTACOURT CANADA LTD. 150 WATER STREET SOUTH, SUITE 201 CAMBRIDGE ONTARIO N1R 3E2 CANADA 15,502 BLACK & BLUE FARMS INC. T BASL 17541 FERN RIDGE ROAD STAYTON OR 97383 USA 15,393 ZIMBAL MINKERY INC R2 REGULAR ACCOUNT 6437 ABRAHAM COURT SHEBOYGAN FALLS WI 53085 USA 14,490 PREMIUM DRAGON INTERNATIONAL LIMITED DRAGON SAN FLAT 1012, 10/F., HARBOUR CRYSTAL CTR, NO.100 GRANVILLE RD, EAST TSIM SHA TSUI, KOWLOON HKG 14,130 DE' MEDICI & CO. SP.Z.O.O. VIA CALINI 8 / 10 LEGNANO (MI) 20025 ITALY 13,952 US Bank Corporate Payment Systems PO Box 790428 St. Louis MO 63179-0428 USA 13,748 EMPIRE PROTECTION INC 56 BRISCO STREET BRAMPTON ON L6V 1W8 CANADA 13,652 KWIKPAK FISHERIES LLC M OKITKUN 2909 ARCTIC BLVD ANCHORAGE AK 99503 USA 13,480 SENTRY INSURANCE PO BOX 8031 STEVENS POINT WI 54481-8020 USA 13,149 CBM FUR LIMITED DICK MORSINK, RYAN CHENG UNIT G, 9/F KAISER ESTATE PHASE 2, 47 MAN YUE ST. HUNGHOM KOWLOON HKG 12,907 NOA LTD MR. SAKAI 5-14-7, MANPUKUJI ASAO-KU KAWASAKI 215-0012 JAP 12,906 QIAOSHI FUR RM 307A, 3/F, DAVID HOUSE NO 8-20, NANKING ST JORDAN HONG KONG HKG 12,905 VAN ANSEM MEIJEL B.V. LANGSTRAAT 17 MEIJEL 5768 PP THE NETHERLANDS 12,866 MUELLER FLESHING & SUPPLY 19309 COUNTY ROAD 141 KIMBALL MN 55353 USA 12,783 HASKA FUR FARM HASKA, R 6991 HUGHES RD 6 RAVENNA OH 44266 USA 12,710 MLT AIKINS LLP 30TH FLOOR 360 MAIN STREET WINNIPEG MANITOBA R3C 4G1 CANADA 12,671 DHL GLOBAL FORWARDING 14076 COLLECTIONS CENTER DRIVE CHICAGO IL 60693 USA 12,424 SOFTCHOICE LP PO BOX 57102, POSTAL STATION A TORONTO ONTARIO M5W 5M5 CANADA 12,188 LIXIAN COUNTY YUEXIN IMPORT AND EXPORT TRADE CO.,LTD. ECONOMIC DEV. ZONE B2-12, B2-13 DONG LIAN ZI KOU VILLAGE, BAO XU TOWN, LIXIAN COUNTY BAO XU TOWN, LIXIAN COUNTY,BAODING CIT HEBEI PROVINCE CHI 12,104 AMBERCREEK FUR FARM LTD MULLEN, J A 3198 CLEMENTSVALE RD CLEMENTSVALE NS B0S 1G0 CANADA 11,832 FEDERAL EXPRESS CANADA LTD. P.O. BOX 4626, TORONTO STATION A TORONTO ONTARIO M5W 5B4 CANADA 11,782 THIBODEAU'S FUR FARM LTD THIBODEAU, B 141 DUFFY ROAD, RR 1, BOX 92 SAULNIERVILLE NS B0W 2Z0 CANADA 11,716 AFIMAC CANADA INC. 8160 PARKHILL DRIVE MILTON ONTARIO L9T 5V7 CANADA 11,448 ROCK CREEK CANYON RANCH INC MOYLE, JAY A 4052 NORTH 2600 EAST FILER ID 83328 USA 11,362 ACE TRANS INC. 5391 AMBLER DRIVE, UNIT 1 MISSISSAUGA ONTARIO L4W 1H1 CANADA 11,341 CHRISTINE MATTHYS / US$ ACCOUNT SLOVERHOEK 11 MOERKERKE - DAMME 8340 BELGIUM 11,279 CAMERON FUR FARM CAMERON, D RR 6, 25805 CENTRE SIDE ROAD DRESDEN ON N0P 1M0 CANADA 10,961 SAGE SOFTWARE CANADA LTD. C/O TH1023, PO BOX 4283, STATION A TORONTO ONTARIO M5W 5W6 CANADA 10,904 CAPITAL VENTURE FUR TRADE LIMITED PAT WONG FLAT 408C, 4/F, LIPPO SUN PLAZA, 28 CANTON RD TSIMSHATSUI KOWLOON HKG 10,868 GREEN HILL ENTERPRISE P NOER & E DALSAGER 160 MAIN RD CAVENDISH NL A0B 1J0 CANADA 10,753 KUKJE FUR COMPANY LTD. T W KIM KUKJE BLDG., 724, NONHYEON-RO GANGNAM-GU (06051) SEOUL KOR 10,510 MCMULLIN FARMS INC MCMULLIN, D C 1350 W 5000 N SMITHFIELD UT 84335 USA 10,393 AMMETER FUR FARM LTD AMMETER, K RR 1, SW26-9-2W STARBUCK MB R0G 2P0 CANADA 10,383 KYUNG IN CO LTD S.P. KONG KYUNG IN B/D 3F, 993-56 DAE LIM 2 DONG YOUNG-DEUNGPO-KU SEOUL 157-862 KOR 10,362 IMPACT STAR LIMITED ROGER NYSTROM N/A HONG KONG ISLAND HKG 9,798 MIZUNO & CO. LTD. SHOICHI MIZUNO PAL-HEIGHTS HOYA, 1F, 8-26, HIGASHI-CHO 4-CHOME NISHI-TOKYO CITY, TOKYO 202-0012 JAP 9,752 WOMEN MANAGEMENT INC 199 LAFAYETTE STREET 7TH FL NEW YORK NY 10012 USA 9,555 SYSCO FOOD SERVICES OF TORONTO 7055 KENNEDY ROAD MISSISSAUGA ONTARIO L5S 1Y7 CANADA 9,384 ALTERNO INVESTMENT INC. RADA SP.ZO.0. REP OFFICE: MILITARSTRASSE 86 ZURICH 8004 SWITZERLAND 9,370 VALTINO GARMENT CO. LTD. HENRY TUEN MUK FLAT 1007A, 10/F, GUARDFORCE CTR, 3 HOK YUEN ST. EAST HUNG HOM KOWLOON HKG 9,069 FACULTY OF AGRICUL, DALHOUSIE UNIVERSITY CREWE, L BOX 550 TRURO NS B2N 5E3 CANADA 9,029 PETSKA FURS 317 SO 14TH ST ORD NE 68862 USA 9,015 Y NINOMIYA LTD. YOSHITAKE NINOMIYA 2-9-15 MUKAIBARA ASAO-KU KAWASAKI JAP 8,989 CANGZHOU BADA INTERNATIONAL LOGISTICS TRADE CO LTD (H27) DAVID TSE #203 ROOM CUSTOMS BUILDING 1#, WEST OUTER RING & G307 CROSSROAD, YUNHE DISTRICT, CANGZHOU CITY HEBEI PROVINCE CHI 8,875 DAN BARROW TRADING CO DAN BARROW TRADING CO BOX 93 DENISON KS 66419 USA 8,850 PANIDIS BROS O.V.E. PANIDIS, PANAGIOTIS A. PAPATERPOU - E. ANTISTASEOS KASTORA 52100 GRC 8,647 JOINTMAX CORPORATION LTD LANGIOTIS ROOM 409, 4/F, TOWER ONE-SILVER CORD CTR, 30 CANTON RD. TST KOWLOON HKG 8,422 CHEER FORTUNE ENTERPRISES LTD (MAIN) ALEX LAU UNIT 701, 7/FLOOR HARBOUR, CENTRE TOWER 1, 1 HOK CHEUNG ST. HUNGHOM CHI 8,197 COFAX BUSINESS SYSTEMS 7300 VICTORIA PARK AVE., UNIT D MARKHAM ONTARIO L3R 1J1 CANADA 8,156 Budget Truck Rental 16449 Collections Center Drive Chicago IL 60693 USA 8,108 MELIA A CZARNOTA HOOGLUGT SC WYTOK 14 GRYFICE 72-300 POLAND 7,978 CANADA FOX BREEDERS ASSOCIATION c/o M. WILLIAMS 73 SALISBURY BACK ROAD COLPITTS SETTLEMENT NB E4J 2Z2 CANADA 7,960 SHOWTECH 5675 MCLAUGHLIN ROAD MISSISSAUGA ONTARIO L5R 3K5 CANADA 7,960 SUPPLYONE WISCONSIN 3633 SOLUTIONS CENTER CHICAGO IL 60677 USA 7,906 ERIC TRUCKING INC 264 BLAIR CREEK DRIVE KITCHENER ON N2P 0G3 CANADA 7,850 CARLO GUIDA LTD SHOULD NOT BE NULL KOWLOON HKG 7,615 STOUGHTON UTILITIES PO BOX 8797 CAROLS STREAM IL 60197-8797 USA 7,526 AGRICULTURE AND AGRI FOOD CANADA ACCTS RECEIVABLE & REV. MGMT 1341 Baseline Rd., Tower 7, 3rd Floor, Rm223 OTTAWA ONTARIO K1A 0C5 CANADA 7,524 CANADA REVENUE AGENCY PO BOX 3800 STN A SUDBURY ONTARIO P3A 0C3 CANADA 7,430 BELOV TRADE AND INVEST S.A. W SCHWEBEL REP OFFICE: MILITARSTRASSE 84 ZURICH 8004 SWITZERLAND 7,305 SANDY BAY MINK RANCH B WIEBENSOHN 2228 CHERNEY ROAD MISHICOT WI 54228 USA 7,292 MAPLE GRACE FARMS INC 105 MAPLE GROVE RD, RR 4 SCOTLAND ON N0E 1R0 CANADA 7,216 CORPORATE EXPRESS CANADA INC. c/o T04446C, PO BOX 4446, STN A TORONTO ONTARIO M5W 4A2 CANADA 7,058 MANTZIARIS A.B.E.E. IMPORT EXPORT FURS 33 KM KOZANI-KASTORIA AGIA KIRIAKI KALONERIOU SIATISTA 50300 GRC 7,037 FUR TRADING GREYSTONE HOUSE N DE USA 6,858 PETSKA FURS 317 SO 14TH ST ORD NE 68862 USA 6,636 DENNIS DUWA FUR CO 904 13TH ST WELLMAN IA 52356 USA 6,540 JBM PATROL & PROTECTION CORP 3110 KINGSLEY WAY MADISON WI 53713 USA 6,532 STUNKARD FARM INC 41653 OLD HWY 30 ASTORIA OR 97103 USA 6,446 LITTLE BROOK MINK RANCH LEBLANC, S 215 LITTLEBROOK ROAD, Box 510 LITTLE BROOK NS B0W 1Z0 CANADA 6,445 BEDOMA HERENDIJK 22 BEEK EN DONK 5741 RA THE NETHERLANDS 6,341 HOUGH FUR & BAIT DUSTY HOUGH-SHIPPER A/C 227220 15432- 90TH AVE SOUTH BARNESVILLE MN 56514 USA 6,321 TRAILER WIZARDS LTD. 4649 HASTINGS STREET BURNABY BC V5C 2K6 CANADA 6,316 ALMA FUR TRADING NULL BERN 3005 SWITZERLAND 6,265 TRANSFORMER ENGINEERING SERVICES LTD. 49 NORBETT DRIVE STOUFFVILLE ONTARIO L4A 2G7 CANADA 6,246 SINJEON TRADING CO LTD D.J. PARK SANGDONG AUTO GALLERY #505, 597 PYEONGCHEON-RO BUCHEON CITY KYEONGGI-DO KOR 6,166 SUNG JIN FUR CO. LTD. 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DOU YING AREA 5 EAST SECTION OF CHANGSHENG STREET TONGERPU TOWN, DENGTA CITY LIAONING PROVINCE CHI 1,836 FUR MATTERS FLAT/RM 1704, OMEGA PLAZA 32 DUNDAS STREET KOWLOON HKG 1,824 ZIMBAL FARMS INC R4 REGULAR ACCOUNT 9532 SAUK TRAIL RD., OOSTBURG WI 53070 USA 1,810 SHAN XI WAN JIANG TRADING LIMITED 51 PING YUAN RD., BLOCK 20 ROOM 1102 XIAODIAN DISTRICT TAI YUAN CITY CHI 1,800 XASSA FUR DESIGN I. FABRIS DIMITROVA STR. 24/2-264 ST PETERSBURG 192286 RUS 1,781 CALP'S FUR & ROOT CO 561 SOUTH MAIN ST HOISINGTON KS 67544 USA 1,781 YOUNG IN TREND, CO. A-303, HAGYE TECHNO TOWN 10, NOWON-RO 15 GIL, NOWON-GU, SEOUL KOR 1,755 JEIL FUR DRESSED CO.LTD. CHANG OH PANWOL IND. CORP. (B1-90), 817-1 WON SHI-DONG AN SAN-SHI KYOUNGKIDO KOR 1,744 SANFORD MINK RANCH INC, SPEC AC/2 BOYD, D BOX 154 SANFORD MB R0G 2J0 CANADA 1,743 MINDEN GROSS LLP BARRISTERS & SOLICITORS 145 KING STREET WEST, SUITE 2200 TORONTO ON M5H 4G2 CANADA 1,698 EUROPE FUR CO LTD. 9/F BLK A, #916 - FOCAL INDUSTRIAL CTR., 21 MAN LOK ST. HUNGHOM KOWLOON HKG 1,692 CORPORATE BUSINESS SYSTEMS 6300 MONONA DRIVE MADISON WI 53716 USA 1,691 ALIRIC INC ALAN, IRVING. RICHIE TAX 149 BERRY HILL ROAD OYSTER BAY NY 11771 USA 1,662 SHEN COMMISSIONS SHEN COMMISSIONS SEE A/C 2213, COMMISSION ACCOUNT HUZHOU ZHEJIANG CHI 1,617 ZAOQIANG MENGXUESHA FUR LTD QIUDUPINPAI ZHONGXIN INDUSTRY PK., DAYING INTERNATIONAL FUR TOWN ZAOQIANG HEBEI PROVINCE CHI 1,613 GU AN JIA XIANG FUR & LEATHER CO LTD INDUSTRIAL ESTATE OF GONG CUN TOWN GU AN COUNTY HEBEI CHI 1,610 COJI CO. LTD CHANG OH 172-11, YEOMNI-DONG, MAPO-GU SEOUL KOR 1,601 SINYANG FUR RM B1405, GABEUL GREAT VALLEY, #60-5, GASANDONG GEUMCHEONGU, SEOUL KOR 1,567 K.I.F.L. -EXCESS K.I.F.L. -EXCESS N/A NEW YORK NY USA 1,566 MATTERHORN . DAMMEK RUSSIA 1,533 POLKOMTEL Sp. z o.o. Konstruktorska 4 Warszawa 02-673 Poland 1,531 INTERNATIONAL FUR DRESSERS & DYERS 385 DAWSON ROAD NORTH WINNIPEG MANITOBA R2J 0S8 CANADA 1,518 THE NORTH WEST COMPANY INC NORTHERN STORES AUCTION CTR 77 MAIN STREET WINNIPEG MB R3C 2R1 CANADA 1,511 RINDI S.P.A. VIA GIORGIO PERLASCA 23 PRATO(PO) 59100 ITA 1,509 ALBERTA TRAPPERS ASSOCIATION HWY 44 SOUTH INDUSTRIAL PK, LOT 14, PO BOX 6020 WESTLOCK ALBERTA T7P 2P7 CANADA 1,507 Hasta Sp. z o.o. Sloneczna 14 Stare Czarnowo 71-106 Poland 1,502 NATIONAL TRAPPERS ASSOCIATION 2815 WASHINGTON AVENUE BEDFORD IN 47421 USA 1,500 CHINA TUHSU SUNRY DEVELOPMENT BEN ZHAO NO 208 AN DING MEN WAI STREET BEIJING 100011 CHI 1,494 PERFECT CHOICE EMPLOYMENT INC. 201 MILLWICK ROAD NORTH YORK ONTARIO M9L 2X2 CANADA 1,480 SAMBO FUR COMPANY N.K. HEO 407-6 JANGAN 1-DONG DONGDEMOON - KU SEOUL KOR 1,477 TH META-SIBIR LLC MIKHAIL LYASHENKO VOINSKAYA ST., 63, BLD.5 NOVOSIBIRSK 630039 RUS 1,475 PETRI A. EKLUND, POLAR PELS APS. MUSVITVEJ 8 IKAST 7430 DENMARK 1,457 CHARLEY INTERNATIONAL HOLDINGS LIMITED (CH 1) CHARLEY CHAN UNIT Q, 8/F, KAISER ESTATE PHASE III, 9-11A HOK YUEN ST. HUNGHOM KOWLOON HKG 1,452 LIXIAN SENDI IMP.&EXP.TRADE CO.,LTD FUR NEW TOWN EXON. DEV. ZONE, XI LIANZIKOU VILLAGE, BAOXU LI XIAN COUNTY, BAODING CITY HEBEI PROVINCE CHI 1,448 NOORTJE IN 'T SPIEK 7 RIJKEVOORT 5447 PR THE NETHERLANDS 1,443 NINGBO DANNU INT'L TRADE CO LTD 1-28 ZHENZHONG RD., WEST YANGJIA VILLAGE LANGXIA TOWN YUYAO ZHEJIANG CHI 1,440 VEIRS FUR COMPANY 218 N 29TH STREET UNIONVILLE MO 63565 USA 1,438 MPIMPIKAS D IOANIS & SIA O. E. PAPAGEORGIOU 1 SATISTA 50300 GREECE 1,436 SHENZHEN DANDI FUR TRADING CO LTD JACK CHEN 14/F, DEVELOPING BUILDING, SOUTH CHINA CITY LONGGANG DISTRICT SHENZHEN CHI 1,429 ENGEBRETSON FUR FARM LTD (IMPLANTS) ENGEBRETSON FUR FARM LTD 4764 LEFEUVRE ROAD ABBOTSFORD BC V4X 1P2 CANADA 1,407 ACTIVE S.A. MR. ALKIVIADIS/MR. FRANTZFOS 11 KM NATIONAL ROAD KASTORIA-KOZANI DISPILIO KASTORIA 52057 GRC 1,389 ALL COMFORT SERVICES, INC 5245 VOGES ROAD MADISON WI 53718 USA 1,366 LICHTY'S FUR FARM LICHTY, J 5531 SCHUMMER LINE, RR 1 LINWOOD ON N0B 2A0 CANADA 1,355 EQUIPMENT DEPOT 75 REMITTANCE DRIVE, SUITE #3295 CHICAGO IL 60675-3295 USA 1,354 M & E FUR FARM INC WISEMAN, M BOX 130 NORTH HARBOUR P.B NL A0E 2N0 CANADA 1,353 SUNNYFOREST INTERNATIONAL TRADING INC. JUN HAN 89 HEPBURN CRESCENT HAMILTON ON L9C 7S5 CANADA 1,351 BLUE RIDGE MINK RANCH 4070 NORTH WOODENSHOE LANE PEOA UT 84061 USA 1,341 C.B.M. HANDEL IN PELTERIJEN B.V. DICK MORSINK WEERENWEG 18 1161 AJ ZWANENBURG HOL 1,329 R B R FUR FARMS LIMITED RANKIN, K BOX 481 ST MARYS ON N4X 1B3 CANADA 1,326 Kettle Moraine Mink Breeders 6020 Wilson Lima Rd Oostburg WI 53070 USA 1,319 TH META-SIBIR LLC MIKHAIL LYASHENKO VOINSKAYA ST., 63, BLD.5 NOVOSIBIRSK 630039 RUS 1,317 BOTHNIA FUR HENRIK BACK KARPEROVAGEN 220 65610 KORSHOLM FIN 1,302 ER FUR TRADING CORP. 224 WEST 30TH ST., SUITE 1101 NEW YORK NEW YORK 10001 USA 1,300 CINTAS CANADA LIMITED DEPT 400004, PO BOX 4372 STN A TORONTO ONTARIO M5W 0J2 CANADA 1,292 JAN SVENNINGSEN, RIVA MINK SVENNINGSEN, J SKOVGARDEVEJ 24B ALLINGABRO 8961 DENMARK 1,279 OTIX COMPANY LTD GARETH TSE RM 1632, 16/FL, PARK-IN COMMERCIAL BUILDING, 56 DUNDAS ST. HONGKOK KOWLOON HKG 1,269 PITNEYBOWES PO BOX 190 ORANGEVILLE ONTARIO L9W 2Z6 CANADA 1,264 75312-3682 MAILFINANCE PO BOX 123682 DALLAS TX USA 1,252 HUB INTERNATIONAL MIDWEST LTD 15174 COLLECTIONS CENTER DRIVE CHICAGO IL 60693 USA 1,250 ARCTIC OCEAN FUR CO. LTD. DAVID TUEN MUK UNIT 03, 16/F., SEAVIEW CTR, 139 HOI BUN ROAD KWUN TONG KOWLOON HKG 1,235 CHRIS SOUKAS FURS INC 222 WEST 30TH STREET NEW YORK NY 10001 USA 1,233 HANSUNG FUR TRADING HAN, DUCK KI 1F. 9, MUHAK-RO 4-GIL SEONGDONG-GU SEOUL KOR 1,229 TOPPER LINEN SUPPLY LTD. 54 JUNCTION ROAD TORONTO ONTARIO M6N 1B6 CANADA 1,218 URKER VOSSENFARM B V POSTBUS 4 URK 8320 AA THE NETHERLANDS 1,197 MINNESOTA TRAPLINE PRODUCTS INC TIM CAVEN 7444 COUNTY ROAD 27 NW PENNOCK MN 56279 USA 1,196 CALP'S FUR & ROOT CO 561 SOUTH MAIN ST HOISINGTON KS 67544 USA 1,155 LENGEND FUR CO LTD 125 XHONGSHAN RD. XUNING CHI 1,154 ZAOQIANG COUNTY WANCHENG FUR CO., LTD. ZHENG, CHUNGQING EAST OF XIHUAN ROAD, DAYING TOWN ZAOQIANG COUNTY HEBEI CHI 1,152 LIAONING JISHENG IMPORT & EXPORT TRADE CO., LTD XIAOJUN (DEREK) YIN AREA 5 EAST SECTION OF CHANGSHENG STREET TONGERPU TOWN, DENGTA CITY LIAONING PROVINCE CHI 1,151 LOTOS FREIGHT & TRADE CO. LTD. JAMES DU ROOM 1501 BUILDING NO. 4, ZHUBANG 2000, CHIEF BUSINESS CTR NO.97 BALIZHUANG XILI, CHAOYANG DISTRICBEIJING 100025 CHI 1,147 JASON MULLEN MINK RANCH LTD. # 7 PO BOX 309, 972 LANFORD RD WEYMOUTH NS B0W 3T0 CANADA 1,121 CANGZHOU BADA INTERNATIONAL LOGISTICS TRADE CO LTD (H26) NO. 203 ROOM CUSTOMS BUILDING1#, WEST OUTER RING AND G307 CROSSROADYUNHE DISTRICT, CANGZHOU CITY HEBEI PROVINCE CHI 1,110 LUDIA FUR CO LTD 2F CHUNGSAN B/D, 1427-5, SEOCHO-DONG SEO CHO-GU SEOUL KOR 1,109 ZOLOTONISKE ZVIROGOSPODARSTVO LTD. V ANTONENKO V. KEDYNA GORA, CHERKASSY DISTRICT CHERKASSY 19773 UKRAINE 1,108 FUREDEN CO LTD KIM YOUNG SIM B-1906, 32, DIGITAL-RO 9-GIL GUEMCHEON-GU SEOUL KOR 1,104 SHENZHEN CITY SHUANG ZHAN TRADING CO. LTD. 5 BUILDING, NO. 3061 PINGDI ROAD, LONGGANG AVENUE LONGGANG DISTRICT SHENZHEN, GUANGDONG CHI 1,094 2533445 ONTARIO INC. 2500 HURONTARIO ST., UNIT 10A MISSISSAUGA ONTARIO L5B 1N4 CANADA 1,085 BERKBUEGLER FUR CO 16025 HWY T PERRYVILLE MO 63775 USA 1,078 KOVANS LLC MOOUCHAILOV ANATOLI SKOTOPROGONNAYA ULITZA, 35, STR 3, OFFICE3 #35 MOSCOW 109029 RUS 1,076 KELLOGG FUR FARM KELLOGG, J 502 FRONT STREET STODDARD WI 54658 USA 1,060 LEGEND DEVELOPEMENT CO LTD RM 1009, 10/FL, SINO IND PLAZA, 9 KAI CHEUNG RD KOWLOON HKG 1,053 CENTRAL PELZ LEDER GMBH SWETLANA GLADKOV FRANKFURTER STR. 233, TRIFORUM A 1, EG NEU-ISENBURG 63263 FDR 1,041 EVENT RENTAL GROUP LTD. PARTNERSHIP 210 WICKSTEED AVENUE TORONTO ONTARIO M4G 2C3 CANADA 1,040 NIEUWENHUIS WYMIARKI 1 SP J RADACHOW 35 OSNO LUBUSKIE 69-220 POLAND 1,038 CANGZHOU BADA INTERNATIONAL LOGISTICS TRADE CO LTD (H35) NO. 203 ROOM CUSTOMS BUILDING 1#, WEST OUTER RING AND G307 CROSSROA YUNHE DISTRICT, CANGZHOU CITY HEBEI PROVINCE CHI 1,032 SKY SAT INC. 60 BARKSDALE AVENUE TORONTO ONTARIO M3H 4S7 CANADA 1,028 EMPORIO GIODIMO L.L.C. SABKHA ROAD/ABRAJ CENTRE, 4TH FLOOR ,404 OFFICE P.O. BOX 22068 DEIRA,DUBAI UAE 1,020 CHYSTIAKOV V.Y. TRADEMARK "SHKURNII VOPO VLADYM CHYSTIAKOV KOLTSOVA ST. 1-114 DONETZK 83112 UKR 1,010 CANGZHOU BADA INTERNATIONAL LOGISTICS TRADE CO LTD (H4) NO. 203 ROOM CUSTOM BUILDING 1#, WEST OUTER RING AND G307 CROSSROAD YUNHE DISTRICT, CANGZHOU CITY HEBEI PROVINCE CHI 1,007 STEEVES, RONALD AND/OR LINDA AND/OR TINA 61 SALISBURY BACK ROAD COLPITTS SETTLEMENT NB E4J 2Z2 CANADA 1,003 Individuals Payables Over $1,000.00 13,983,988 Trade Payables & Other Liabilites Under $1,000.00 837,532

$ 49,595,937