HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Management Information Circular
Page 21 (25)
Amounts Due on Termination (as of December 31, 2015)
Contractual Long-term
Severance incentives
Annual
Salary Bonus Benefits Options Other Total
Name Event ($) ($) ($) ($) ($) ($)
Termination with cause – – – – – –
Alan Coutts
Termination without cause 440,000 – 9,059 – – 449,059
Resignation – – – – – –
Death and Disability 440,000 – 9,059 – – 449,059
Change of Control 660,000 150,000 – 70,000 – 880,000
Has anyone seen this before in a sedar filing for change of control?
Snipe
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