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NOTICE OF STATEMENT OF RECEIVER (Subsections 245(1) and 246(1) of the Act)

IN THE MATTER OF THE RECEIVERSHIPS OF PARAGON ALEXIS ULC, ALEXIS/PARAGON LIMITED PARTNERSHIP, AND PARAGON TAMARACK ALEXIS GENERAL PARTNERSHIP (COLLECTIVELY, THE “ALEXIS COMPANIES” OR THE “DEBTORS”)

The receiver gives notice and declares that:

1. On Friday, January 31, 2014, Alvarez & Marsal Canada Inc. became the Court-appointed receiver (the “Receiver”), without security, of all the Debtors current and future assets, undertakings and properties of every nature and kind whatsoever, and wherever situate, including all proceeds thereof but not limited to the following (the “Property”):

Estimated Book Value

Cash $3,725,965 Restricted Cash 300,020 Accounts Receivable 58,122,941 Inventory 243,539 Prepaid expenses 190,660 Property, Plant, and Equipment 25,218,260 Deposits 5,500 Deferred Financing Costs 4,899,886 Investments 10,140,476 $ 92,944,544

Note: Realizable values may materially differ from the above.

2. Alvarez & Marsal Canada Inc. became the Receiver in respect of the Property described above by virtue of an Order of the Court of Queen’s Bench of dated January 31, 2014 (the “Appointment Order”). A copy of the Appointment Order may be found on the Receiver’s website at: www.amcanadadocs.com/eagleriver.

3. Upon receiving the filed order of the Court of Queen’s Bench of Alberta, the Receiver took possession and control of the property described above on January 31, 2014.

4. The following information relates to the receivership:

a) Civic Address: P.O. Box 10, , AB, T7S 1N5

b) Principal line of business: Gas station operations and casino management

c) Main location of business: Whitecourt, Alberta

5. Amounts owed by the Debtors to each creditor, according to books and records as at January 31, 2014 are shown below:

Name Claim Amount

Secured creditors (see attached listing) $258,438,759.77

Preferred creditors (see attached listing) 95.00

Unsecured creditors (see attached listing) 7,314,350.42

Total $265,753,205.19

6. The Receiver’s contact is:

Alvarez & Marsal Canada Inc. Suite 570, 202 6th Ave SW , AB T2P 2R9

Attention: Mr. David Adams Telephone: (403) 538-7532 Facsimile: (403) 538-7551

Dated at , Alberta this 10th day of February, 2014.

Yours very truly,

ALVAREZ & MARSAL CANADA INC. In its capacity as the Court appointed Receiver and Manager of Paragon Canada Alexis, ULC, Alexis/Paragon Limited Partnership, and Paragon Tamarack Alexis General Partnership and not in its personal capacity

Tim Reid, CA Senior Vice President APPENDIX A

IN THE MATTER OF THE RECEIVERSHIP OF PARAGON ALEXIS CANADA, ULC. Preliminary List of Creditors as at January 31, 2013, as submitted by the Debtor without Admission as to any Liabilities or Privilege Herin Shown

Secured Creditors Attention Address City Postal Code Country Amount Outstanding

Diane Bennett Suite 150, 6650 Via Austi Parkway Las Vegas NV 89119 United States 13,616,486.00 Silver Point Finance LLC 2 Greenwich Plaza Greenwich CT 06830-6353 United States 81,607,424.59 Total Secured creditors $ 95,223,910.59

Preferred Creditors Attention Address City Province Postal Code Country Amount Outstanding Aginas Farron Box 163 Glenvis AB T0E 0X0 Canada 1.00 Perry Albright 4013- 55 Avenue Whitecourt AB T7S 1C5 Canada 1.00 Brett Alexis Box 141 Glenvis AB T0E 0X0 Canada 1.00 Tyrell Alexis PO Box 225 Glenvis AB T0E 0X0 Canada 1.00 Joline Bearhead PO Box 1396 AB T0E 1V0 Canada 1.00 Trina Bearhead Box 125 Glenvis AB T0E 0X0 Canada 1.00 Wanda Beaudry 54 Evergreen Trailer Park Whitecourt AB T7S 1J2 Canada 1.00 Jennifer Bissett 1- 6 Poplar Drive Whitecourt AB T7S 1V6 Canada 1.00 Dennis Bourdreau 37 Wedow Drive Whitecourt AB T7S 1B6 Canada 1.00 Kate Boyer Box 547 Whitecourt AB T7S 1N6 Canada 1.00 Kevin Bradley 58 Evergreen Trailer Court Whitecourt AB T7S 1J2 Canada 1.00 Phylene Brewer Box 2160 Whitecourt AB T7S 1P8 Canada 1.00 Alyssa Calliou 27 Henke Place Whitecourt AB T7S 1V9 Canada 1.00 Rowena Candelaria 5257 47A Street Whitecourt AB T7S 1A4 Canada 1.00 Irvin Cardinal Box 87 Glenvis AB T0E 0X0 Canada 1.00 Randal Carrier 4A- 8 Anderson Close Whitecourt AB T7S 0E2 Canada 1.00 Lyne Carriere 310, 5419- 47 Street Whitecourt AB T7S 1M7 Canada 1.00 Michelle Casavant 46 Wellwood Drive Whitecourt AB T7S 1T8 Canada 1.00 Diane Casorso P.O. Box 10122 River Valley Whitecourt AB T7S 1W8 Canada 1.00 April Chartrand 10042 RPO River Valley Whitecourt AB T7S 1W8 Canada 1.00 Lisa Courtney 91 Feero Drive Whitecourt AB T7S 1E7 Canada 1.00 Madeline Daquis 5551 Wagoner Cres. Whitecourt AB T7S 1B1 Canada 1.00 Miacheal Dias 7208 113 Street Edmonton AB T6G 1L4 Canada 1.00 Rebecca Dunne 4504 55 Ave Whitecourt AB T7S 1C5 Canada 1.00 Aiyanna Elliott 1 Park Lane Whitecourt AB T7S 1S3 Canada 1.00 Cala Adalyn Fernandez 49 Blueberry Drive Whitecourt AB T7S 1R3 Canada 1.00 Matthew Ferris 5013 54 street Barrhead AB T7N 1E7 Canada 1.00 Marine Galstyan 308 96 Mink Creek Road Whitecourt AB T7S 1V6 Canada 1.00 Lierin Girard Box 725 AB T0E 1N0 Canada 1.00 Alexander Goodswimmer Box 40 Glenvis AB T0E 0X0 Canada 1.00 Carter Hack PO Box 10078 RPO River Valley Whitecourt AB T7S 1W8 Canada 1.00 Talita Helgeson Box 284 Whitecourt AB T7S 1N4 Canada 1.00 Brittany Helm 1A- 6210 47th Street Whitecourt AB T7S 0B1 Canada 1.00 Steven Hollett 54A Atkinson Cres. Whitecourt AB T7S 1C7 Canada 1.00 James Holt PO Box 371 AB T0E 2A0 Canada 1.00 Corinee House Box 2047 Whitecourt AB T7S 1P7 Canada 1.00 Nichole House 35 Riverside Trailer Court Whitecourt AB T7S 1K6 Canada 1.00 John Island 65 Westview Village Whitecourt AB T7S 1K4 Canada 1.00 David Jackson 54 Westview Trailer Park Whitecourt AB T7S 1K3 Canada 1.00 Kyle Jacob 4507- 51 Ave Whitecourt AB T7S 1m1 Canada 1.00 Courtney Jaddock Box 2167 Whitecourt AB T7S 1N4 Canada 1.00 Lyall Johnston Box 3554 Mayerthorpe AB T0e 1N0 Canada 1.00 Jodie Jones Box 61 Glenvis AB T0E 0X0 Canada 1.00 Panagiotis Kanellpoulos 17 Sakwatamau Drive Whitecourt AB T7S 1E4 Canada 1.00 Janice Kennard 4615 Unit 5B 51 Ave Whitecourt AB T7S 1W6 Canada 1.00 Craig Kootenay PO Box 159 Glenvis AB T0E 0X) Canada 1.00 Wayne Kootenay Box 249 Glenvis AB T0E 0X0 Canada 1.00 Candace Kucharchuk Box 356 Whitecourt AB T7S 1N5 Canada 1.00 Kyla Kyme PO Box 1668 Onoway AB T0E 1V0 Canada 1.00 Matthew Lanque Unit 3, 4010- 47 Street Whitecourt AB T7S 0C8 Canada 1.00 Lonnie Letendre Box 147 Glenvis AB T0E 0X0 Canada 1.00 Moses Letendre Box 147 Glenvis AB T0E 0X0 Canada 1.00 Austen Macauley Apt 110- 95 Mink Creek Road Whitecourt AB T7S 1V6 Canada 1.00 Talia Mainville PO Box 433 Whitecourt AB T7S 1N5 Canada 1.00 Jessie Marcer 5607 47 A Street Whitecourt AB T7S 1B2 Canada 1.00 Shauna Matthews 15131 TWP RD 543 AB T7E 3W6 Canada 1.00 Kevin McArthur 5419- 45 Street Whitecourt AB T7S 1A7 Canada 1.00 Mary Jane Mendoza 4723 52 Avenue Whitecourt AB T7S 1W3 Canada 1.00 Varant Misak 308 96 Mink Creek Road Whitecourt AB T7S 1V6 Canada 1.00 Eric Moncur 3 Cedar Heights Whitecourt AB T7S 0A4 Canada 1.00 Michelle Mruk 306- 4609 51 Ave Whitecourt AB T7S 1L8 Canada 1.00 Carrie Murray 4020- 55 Avenue Whitecourt AB T7S 1C5 Canada 1.00 Sharra Murray 79 Olsen Crescent Whitecourt AB T7S 0B6 Canada 1.00 Randy Mustus 301- 4513- 52 Ave Whitecourt AB T7S 1M5 Canada 1.00 Megan O'Keefe 49 Kimzy Crossing Whitecourt AB T7S 1G1 Canada 1.00 Claudette Pastion PO Box 1646 Onoway AB T0E 1V0 Canada 1.00 Colby Paul Box 132 Glenvis AB T0E 0X0 Canada 1.00 Shaquille Paul Box 149 Glenvis AB T0E 0A1 Canada 1.00 Donna Pelletier Box 10081, RPO River Valley Whitecourt AB T7S 1W8 Canada 1.00 Leonard Pelletier Box 10081, RPO River Valley Whitecourt AB T7S 1W8 Canada 1.00 Richard Piercey 4703- 57th Ave Whitecourt AB T7S 1B4 Canada 1.00 Jessica Poole 312 100 Mink Creek Rd Whitecourt AB T7S 1V5 Canada 1.00 Andy Potts PO Box 40 Glenvis AB T0E 0X0 Canada 1.00 Mark Potts PO Box 40 Glenvis AB T0E 0X0 Canada 1.00 Johnathan Rempel Box 1375 Mayerthorpe AB T0E 1N0 Canada 1.00 Christine Rhodes 44 Hill Park Trailer Court Whitecourt AB T7S 1J4 Canada 1.00 Bernadette Roe 401 4513- 52 Ave Whitecourt AB T7S 1M5 Canada 1.00 Charlene Ronan 10 Olson Crescent Whitecourt AB T7S 1T8 Canada 1.00 Marcus Sather 4505- 51 Ave Whitecourt AB T7S 1M2 Canada 1.00 Sherry Saunders Box 1694 Whitecourt AB T7S 1P5 Canada 1.00 Josie Staples PO Box 1694 Whitecourt AB T7S 1P5 Canada 1.00 William Stevenson 4742 57 Ave Whitecourt AB T7S 1B4 Canada 1.00 Steven Stubbings 60 Park Drive Whitecourt AB T7S 1S3 Canada 1.00 Stefanie Stuetz 55 Kimzey Crossing Whitecourt AB T7S 1G1 Canada 1.00 Chelsea Takeda PO Box 1121 Whitecourt AB T7S 1P1 Canada 1.00 Jamie Therrien 24 Riverside Trailer Court Whitecourt AB T7S 1K6 Canada 1.00 Santana Therrien 44 Riverside Trailer Court Whitecourt AB T7S 1K6 Canada 1.00 Janice Thompson Box 10042 RPO River Valley Whitecourt AB T7S 1W8 Canada 1.00 Charles Tremblay 114, 5419- 47 Street Whitecourt AB T7S 1M7 Canada 1.00 Stacy Tucker 140 River Valley Estates Whitecourt AB T7S 1K1 Canada 1.00 Terrye Wakeling 31 Sandy Drive Whitecourt AB T7S 1G9 Canada 1.00 Amanda Weslowsky 3, 4750 54 Ave Whitecourt AB T7S 1A3 Canada 1.00 Robert Witten 37 Stephens Crescent Whitecourt AB T7S 1V7 Canada 1.00 Hilda Wile 4 Keystone Place Whitecourt AB T7S 0B2 Canada 1.00 Shawna Woudstra 6 Cochrane Road Whitecourt AB T7S 1C2 Canada 1.00 Total Preferred Creditors $ 95.00 APPENDIX A

IN THE MATTER OF THE RECEIVERSHIP OF PARAGON ALEXIS CANADA, ULC. Preliminary List of Creditors as at January 31, 2013, as submitted by the Debtor without Admission as to any Liabilities or Privilege Herin Shown

Unsecured Creditors Attention Address City Province Postal Code Country Amount Outstanding Aboriginal Relations Office, Community Services 10060 Jasper Ave, Suite 901, Scotia Place, Tower 2 Edmonton AB T5J 3R8 Canada 1.00 Alberta Gaming and Liquor Commission 50 Corriveau Ave St. Albert AB T8N 3T5 Canada 1.00 Canada Revenue Agency 9700 Edmonton AB T5J 4C8 Canada 1.00 Diana Bennett Suite 150, 6650 Via Austi Parkway Las Vegas NV 89119 United States 1.00 GE VFS Canada Limited Partnership 2300 Meadowvale Blvd., Suite 200 Missauga ON L5N 5P9 Canada 1.00 Husky Oil Marketing Company 39th Floor, 707 8th Ave SW Calgary AB T2P 1H5 Canada 1.00 Silver Point Finance LLC 2 Greenwich Plaza Greenwich CT 06830-6353 United States 1.00 Workers Compensation Board Box 2542, Station Main Calgary AB T2P 5E7 Canada 1.00 Total Unsecured Creditors $ 8.00 IN THE MATTER OF THE RECEIVERSHIP OF PARAGON TAMARACK ALEXIS GP Preliminary List of Creditors as at January 31, 2013, as submitted by the Debtor without Admission as to any Liabilities or Privilege Herin Shown

Secured Creditors Attention Address City Province Postal Code Country Amount Outstanding

Silver Point Finance LLC 2 Greenwich Plaza Greenwich CT 06830-6353 United States 81,607,424.59 Total Secured creditors $ 81,607,424.59

Unsecured Creditors Attention Address City Province Postal Code Country Amount Outstanding

Canada Revenue Agency 9700 Jasper Avenue Edmonton AB T5J 4C8 Canada 1.00 Silver Point Finance LLC 2 Greenwich Plaza Greenwich CT 06830-6353 United States 1.00 Total Unsecured Creditors 2.00

Total Creditors $ 81,607,426.59 IN THE MATTER OF THE RECEIVERSHIP OF ALEXIS PARAGON LIMITED PARTNERSHIP Preliminary List of Creditors as at January 31, 2013, as submitted by the Debtor without Admission as to any Liabilities or Privilege Herin Shown

Secured Creditors Attention Address City Province Postal Code Country Amount Outstanding

Silver Point Finance LLC 2 Greenwich Plaza, 1st Floor Greenwich CT 06830-6353 United States 81,607,424.59 Access Cash General Partnership Unit 4, 191 Attwell Drive ON M9W 5Z2 Canada 1.00 Total Secured creditors $81,607,424.59

Unsecured Creditors Attention Address City Province Postal Code Country Amount Outstanding

1335922 Alberta Ltd. P.O. Box 1350 Whitecourt AB T7S 1P2 Canada 115.47 360 Nation Administration Solutions PO Box 1410 AB T0H 1Z0 Canada 646.50 Aboriginal Relations Office, Community Services 10060 Jasper Avenue, Suite 901, Scotia Place, Tower 2 Edmonton AB T5J 3R8 Canada 250.00 Acklands Grainger 3807 38 Ave Whitecourt AB T7S 1N6 Canada 17.38 Alberta Gaming and Liquor Commision 50 Corriveau Ave St. Albert AB T8N 3T5 Canada 250.00 ALSCO 14710- 123 Avenue Edmonton AB T5L 2Y4 Canada 777.86 AltaGas Ltd. Suite 1700, Calgary Place, 355 4th Ave SW Calgary AB T2P 0J1 Canada 1,837.21 Bell Express Vu 3439 34 Ave, #BAY1 Whitecourt AB T7S 1XE Canada 9.05 Burke Group 17407 106 Ave NW Edmonton AB T5S 1E7 Canada 329.01 Canada Revenue Agency 9700 Jasper Avenue Edmonton AB T5J 4C8 Canada 250.00 Canadian Classic Rock 12509- 228 A Street Maple Ridge BC V2X 0N5 Canada 297.00 Canadian Tire (Whitecourt) 4721 51 Street Whitecourt AB T7S 1P1 Canada 108.50 Celebrations 5012 50 Ave Whitecourt AB T7S 1N3 Canada 32.22 Check Well Decision Corp. 131 Bay Street, 27th Floor, PO Box 508 Toronto ON M5J 2S1 Canada 4.73 Classy Imports Inc. Bay 21, 1410- 40th Ave NE Calgary AB T2E 6L1 Canada 405.20 ClearTech Industries Inc. 12020 142 Street NW Edmonton AB T5L 2G8 Canada 10.68 Coca Cola Refreshments PO Box 9129, Station M Calgary AB T2P 5E1 Canada 1,231.82 D&S Bussing Box 85 Peers AB T0E 1W0 Canada 44.10 Days Inn 5406 Caxton St W Whitecourt AB T7S 0A6 Canada 9.72 Ecolab 17881 106A Ave NW Edmonton AB T5S 1V8 Canada 225.12 Edmonton Journal & National Post 10006 101 St NW Edmonton AB T5J 0S1 Canada 119.62 EMCO Corporation 9439 34 St NW Edmonton AB T6B 2X6 Canada 27.11 Frito Lays Canada PO Box 2203, Station M Calgary AB T2P 2M4 Canada 914.33 Government of Alberta, c/o Justice and Solicitor General Financial Service Branch, 9th Floor, 10365- 97th Street Edmonton AB T5J 5A6 Canada 6,169.46 Great North Foods Inc. 170 N Industrial Hwy Alpena MI 49707 United States 976.52 HRIT Consulting, Inc. Suite 421 9768 170 St Edmonton AB T5T 5L4 Canada 33.08 Hudson Energy, c/o CX2516C PO Box 2591, Station M Calgary AB T2P 0A3 Canada 275.91 Impact VideoBoards 4104 Kepler Street Whitecourt AB T7S 0A3 Canada 35.92 inComm 250 Williams Street N Atlanta GA 30303 United States 277.53 Iron Mountain Canada Corp. 14410 121A Ave NW Edmonton AB T5L 4L2 Canada 19.33 Jardine Lloyd Thompson 17415 102 Ave NW #102 Edmonton AB T5S 1J8 Canada 129.30 Jardin Foods Ltd. 9615- 90 Ave AB T8S 1G8 Canada 1,501.36 Kennedy Agrios LLP 1325 Manulife Place, 10180-101 Street Edmonton AB T5J 3S4 Canada 2,427.89 Lakeview Inn & Suites - WCT 3325 Caxton St Whitecourt AB T7S 1P2 Canada 25.25 MapArt Publishing Corporation 70 Bloor E Oshawa ON L1H 3M2 Canada 310.18 Nelson Alexis General Delivery AB T0E 0X0 Canada 688.09 Netsmart 9922 111 St NW Edmonton AB T5K 1K2 Canada 247.03 Newcap Radio Alberta 745 Windmill Road Dartmouth NS B3B 1C2 Canada 81.74 NewsWest Inc. 120 Sinnott Road Toronto ON M1L 4N1 Canada 1,495.92 Northwest Sanitation Ltd. 4216 42 Ave Whitecourt AB T7S 1J2 Canada 94.17 Old Dutch Foods (Husky) 100 Bentall Street MB R2X 2Y5 Canada 362.94 Orkin Canada 11611 145 Street NW Edmonton AB T5M 1V9 Canada 66.83 OZ MediaWorks 4907 52 Ave Whitecourt AB T7S 1N4 Canada 40.59 Page the Cleaner 11715 Jasper Ave NW Edmonton AB T5K 0N4 Canada 24.05 Paragon Canada Alexis, ULC 6650 Via Austi Parkway Las Vegas NV 89119 United States 7,259,305.30 Pepsi Bottling Group Box 2815, Station M Calgary AB T2P 4W5 Canada 2,992.52 Pitney Bowes 200-314 Harwood Avenue Ajax ON L1S 2J1 Canada 7.23 Prism Distribution Inc. Suite 100, 5735- 7th Street NE Calgary AB T2E 8K3 Canada 560.10 Purolator Courier Ltd. 3104 97 St NW Edmonton AB T6N 1K3 Canada 3.36 Ricoh Canada Inc. 5520 Explorer Drive, 3rd Floor Missauga ON L4W 5L1 Canada 10.72 Shany Foods 11806- 10A Ave Edmonton AB T6J 7A7 Canada 1,894.73 Silver Point Finance LLC 2 Greenwich Plaza, 1st Floor Greenwich CT 06830-6353 United States 1.00 SOCAN 41 Valleybrook Drive Toronto ON M3B 2S6 Canada 73.50 333 King St. E. Toronto ON M5A 3X5 Canada 54.44 The Sunshine Group 125 S Swoope Ave Maitland FL 32751 United States 1,016.22 Sysco 26210 Twp Rd, 531A Acheson AB T7X 5A4 Canada 4,071.52 Task One New Media 10816 63 Ave Edmonton AB T6H 1P8 Canada 23.63 Services Inc. 8th floor, 555 Robson Street BC V6B 3K9 Canada 100.64 Telus Communications 8th floor, 555 Robson Street Vancouver BC V6B 3K9 Canada 143.05 Valley Music Sales Ltd. PO Box 395 Brentwood Bay BC V8M 1R3 Canada 1,167.08 Van Houtte Coffee Services Inc 7620 NW Edmonton AB T5B 1G3 Canada 1,617.55 Vista Radio Ltd. 201-910 Fitzgerald Avenue Courtney BC V9N 2R5 Canada 52.50 Wallace & Carey 18023-111 Avenue Edmonton AB T5S 2P2 Canada 16,575.01 Water Pure & Simple Suite 113-131 Portage Close AB T8H 2R5 Canada 26.04 WCT Star (Husky) PO Box 630 Whitecourt AB T7S 1N7 Canada 19.33 Whitecourt & District Chamber of Commerce 4907 52 Ave Whitecourt AB T7S 1N9 Canada 28.35 Whitecourt Home Building 5020 - 49 Avenue P.O. Box 1296 Whitecourt AB T7S 1P2 Canada 29.38 Whitecourt Press Box 2395 Whitecourt AB T7S 1W3 Canada 54.62 WIS International Suite 103-10106 111 Ave NW Edmonton AB T5G 0B4 Canada 945.00 Workers Compensation Board of Alberta Box 2542, Station Main Calgary AB T2P 5E7 Canada 250.00 XM 105 4912A 50 Ave. Whitecourt AB T7S 1P4 Canada 117.14 Young Fitness Inc Suite 840-10310 Jasper Ave NW Edmonton AB T5J 2W4 Canada 4.74 Total Unsecured Creditors 7,314,340.42 Total Creditors $ 88,921,765.01

Debtors Secured Creditors 258,438,759.77 Debtors Preferred Creditors 95.00 Debtors Unsecured Creditors 7,314,350.42 Total Debtors Creditors $ 265,753,205.19