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Message: re: share ownership
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from the 20F

total insider shares 47,507,711

total insider options 9,257,500

R.

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Number of Shares

Leon M. Pierhal 3,579,000 2.64% note2

Dr. Geoffrey Taylor 3,537,248 2.62% note3

Peter Copetti 3,250,000 2.39% note4

Mark Benadiba 3,200,000 2.36% note5

Lee Shepherd 1,325,000 0.99% note6

Samuel Peralta 1,150,000 0.86% note7

Chris Tsiofas 1,025,000 0.77% note8

John F. O’Donnell 842,500 0.63% note9

Adam Chowaniec 550,000 0.41% note10

Kevin Barnes 292,463 0.22% note11

Stephane Gagnon 200,000 0.15% note12

Pinetree Capital 10,547,500 7.66% note13

Sheldon Inwentash 9,125,500 6.67% note14

William White 8,883,500 6.54% note16

Total insider shares: 47,507,711

Number of Options*

Adam Chowaniec 1.1MM

300,000 @0.46 exp. 27jun2018

300,000 @0.49 exp. 13aug2018

500,000 @0.51 exp. 02apr2018

John F. O’Donnell 967.5k

150,000 @0.23 exp. 16feb2022

12,500 @0.345 exp. 19aug2020

500,000 @0.445 exp. 15nov2017

300,000 @0.49 exp. 13aug2018

Samuel Peralta 1.3MM

500,000 @0.235 exp. 08jun2017

500,000 @0.445 exp. 15nov2017

300,000 @0.49 exp. 13aug2018

Geoffrey Taylor 2.59MM

75,000 @0.23 exp. 16feb2022

30,000 @0.28 exp. 13mar2020

10,000 @0.345 exp. 19aug2020

1,500,000 @0.445 exp. 15nov2017

300,000 @0.49 exp. 13aug2018

100,000 @0.51 exp. 28sep2021

500,000 @0.51 exp. 02apr2018

75,000 @0.76 exp. 28feb2021

Chris Tsiofas 1.3MM

500,000 @0.275 exp. 21aug2017

500,000 @0.445 exp. 15nov2017

300,000 @0.49 exp. 13aug2018

* - plus the recent 2MM @1.75 awarded to Manocha.

Total insider options: 9,257,500

Notes

(2) Includes: (i) 554,000 common shares issued and outstanding and (ii) 3,025,000 common shares that can be obtained upon the exercise of options or warrants within sixty (60) days.

(3) Includes: (i) 1,228,998 common shares issued and outstanding and (ii) 2,265,000 common shares that can be obtained upon the exercise of options or warrants within sixty (60) days. Mr. Taylor also has beneficial ownership of the shares owned by his wife, who owns: (i) 37,000 common shares issued and outstanding and (ii) 6,250 common shares that can be obtained upon the exercise of options or warrants within sixty (60) days.

(4) Includes: (i) 100,000 common shares issued and outstanding and (ii) 3,150,000 common shares that can be obtained upon the exercise of options or warrants within sixty (60) days.


(5) Includes: (i) 50,000 common shares issued and outstanding and (ii) 3,150,000 common shares that can be obtained upon the exercise of options or warrants within sixty (60) days.

(6) Includes: (i) 50,000 common shares issued and outstanding and (ii) 1,175,000 common shares that can be obtained upon the exercise of options or warrants within sixty (60) days. Mr. Shepherd also has beneficial ownership of the shares owned by his wife, who owns: (i) 50,000 common shares issued and outstanding and (ii) 50,000 common shares that can be obtained upon the exercise of options or warrants within sixty (60) days.

(7) Includes: (i) zero common shares issued and outstanding and (ii) 1,150,000 common shares that can be obtained upon the exercise of options or warrants within sixty (60) days.

(8) Includes: (i) zero common shares issued and outstanding and (ii) 1,025,000 common shares that can be obtained upon the exercise of options or warrants within sixty (60) days.

(9) Includes: (i) 30,000 common shares issued and outstanding and (ii) 812,500 common shares that can be obtained upon the exercise of options or warrants within sixty (60) days.

(10) Includes: (i) zero common shares issued and outstanding and (ii) 550,000 common shares that can be obtained upon the exercise of options or warrants within sixty (60) days.

(11) Includes: (i) 7,463 common shares issued and outstanding and (ii) 285,000 common shares that can be obtained upon the exercise of options or warrants within sixty (60) days.

(12) Includes: (i) zero common shares issued and outstanding and (ii) 200,000 common shares that can be obtained upon the exercise of options or warrants within sixty (60) days.

(13) Includes: (i) 5,547,500 common shares issued and outstanding and (ii) 5,000,000 common shares that can be obtained upon the exercise of options or warrants within sixty (60) days.

(14) Mr. Inwentash owns shares directly as well as through his Registered Retirement Savings Plan. The aggregate holdings of the two accounts includes: (i) 4,929,500 common shares issued and outstanding and (ii) 4,196,000 common shares that can be obtained upon the exercise of options or warrants within sixty (60) days.

(16) Includes: (i) 4,840,000 common shares issued and outstanding and (ii) 1,950,000 common shares that can be obtained upon the exercise of options or warrants within sixty (60) days. Mr. White also has beneficial ownership of the shares owned by his wife, who owns: (i) 933,600 common shares issued and outstanding and (ii) 1,160,000 common shares that can be obtained upon the exercise of options or warrants within sixty (60) days.

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