Effective Oct. 30, 2009, the corporation will pay a redemption price of either $1,083.01 or $1,077.81 for each $1,000 principal amount of debentures, depending on whether the debentures were issued on Dec. 31, 2008, or Jan. 19, 2009. The redemption price is equal to the principal and all accrued and unpaid interest on the debentures up to but excluding the redemption date. The total redemption price will be paid to holders upon presentation and surrender of the debentures called for redemption. Interest on the debentures will cease to be payable from and after the redemption date.

Holders of debentures have the option to convert their debentures into common shares of the corporation at a price of $1.40 per common share. Holders of debentures also have the option to convert the outstanding interest owing on their debentures into common shares at the market price of the common shares as at the date of redemption. The corporation expects that a majority of the holders of debentures will elect to convert their debentures into common shares due to the fact that the common shares are currently trading at significantly above the conversion price.