Posing a question:

The TSX has implemented new ammendments which includes the election of directors annually to elimenate staggered BODs. This was effective Dec. 31, NOT to affect any company holding their AGM prior to this date, however they made exception to this with SLI, otherwise Murry Braucht would still be a director.

Another ammendment was full disclosure of voting results, including rules regarding majority voting policies. My question is this:

If the ammendment to the annual election of directors was made retrocactive for SLI, shouldn't the other ammendments be as well? Why do we still have directors in place that clearly DID NOT receive the majority of shreholders votes?

Below are the ammendments effective Dec 31, 2012.

APPENDIX C

THE FINAL AMENDMENTS

Part I -- Interpretation

"board of directors" has the same meaning as in National Instrument 51-102 -- Continuous Disclosure Obligations.

"director" has the same meaning as in the OSA.

Section 461.1

At each annual meeting of holders of listed securities, the board of directors must permit security holders of each class or series to vote on the election of all directors to be elected by such class or series.{4}

Section 461.2

Materials sent to holders of listed securities in connection with a meeting at which directors are being elected must provide for voting on each individual director.

Section 461.3

Materials sent to security holders by listed issuers that are subject to National Instrument 51-102 -- Continuous Disclosure Obligations, in connection with a meeting of security holders at which directors are being elected, must disclose (a) whether the issuer has adopted a majority voting policy for the election of directors for non-contested meetings; and (b) if not, explain (i) their practices for electing directors; and (ii) why they have not adopted a majority voting policy.

Section 461.4

Following each meeting of security holders at which there is a vote on the election of directors, each listed issuer (a) that has not adopted a majority voting policy for the election of directors must provide notice to TSX by email to disclosure@tsx.com if a director receives a majority of "withhold" votes; and (b) must forthwith issue a news release disclosing the detailed results of the vote for the election of directors.