The following cold hard facts from the vote results (relevant part appended below) are presented below as an interesting piece of information for your perusal. This is not for crying over spilled milk, but could be useful for guessing/predicting the outcome of future events that would require similar voting from shareholders. The breakdown looks something like this:

- Management block: 233.2-215.3 = 17.9 M shares, assuming that any other votes from "insiders" are included in this block.

- CLF block:140.3 - 28.5 = 111.8 M

- Total votes cast: 233.2 + 140.3 = 373.5 M (373.5/673.9 OS = 55.4% of OS, i.e. 44.4% of the votes did not turn up)

Test 1 (simple majority):215.3 For/(215.3 For + 28.5 Against) = 215.3/243.8 = 88% (passed easily, excluding management and insiders)

Test 2 (2/3, including management and insiders): 233.2 For/373.5 = 62.4% (Failed), presumably the same lawyer came to Toronto to deliver the CLF 111.8 M NAY votes.

Post-mortem discussion:

62% is not good enough for the 2/3 test, but the difference is not that much 66.7-62 = 4.7% of 373.5 M = 17.5 M shares. If this block switched side to vote YEA then Test 2 would have been passed. Come to think about it, 17.7 M is not a large block of votes, considering 73 M shares form about 100 of small shareholders in our share count, recongizing also that some of the holders in this 73 M share block may have voted Against the resolution.

Feel free to check my math and dissect this further to your heart's content.

goldhunter

PS: If you have additional shares to contribute to the share count for inclusion in the next revision in early April, please inbox me.

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Vote Results:"The proposed resolution to amend the Company's Articles to provide shareholders with an ongoi`