| We have received, audited and tabulated a total of 50 proxies |
| Representing 12,860,142 common shares (52.16% of total voting shares) |
| |
| A detailed breakdown of the direction of the votes represented by proxies is as follows: |
| Resolution No. 1 |
| The election of Stanley E. Marshall, Charles E. Burnett, Maximillian Morpurgo and James Ellis Fetterly as directors of the Corporation as specified in the Information Circular / Proxy Statement dated March 1, 2004. |
| FOR: | 47 | proxies representing | 12,791,642 | voting shares | (99.47%) |
| WITHHELD: | 3 | proxies representing | 68,500 | voting shares | (.53%) |
| TOTAL: | 50 | proxies representing | 12,860,142 | voting shares | (100.00%) |
| |
| Resolution No. 2 |
| The appointment of Kingston Ross Pasnak LLP, Chartered Accountants, as the auditors of the Corporation as specified in the Information Circular / Proxy Statement dated March 1, 2004. |
| FOR: | 48 | proxies representing | 12,828,642 | voting shares | (99.76%) |
| WITHHELD: | 2 | proxies representing | 31,500 | voting shares | (.24%) |
| TOTAL: | 50 | proxies representing | 12,860,142 | voting shares | (100.00%) |
| |
| Resolution No. 3 |
| The ordinary resolution, with or without amendment, approving the Corporation's Stock Option Plan. |
| FOR: | 40 | proxies representing | 12,765,842 | voting shares | (99.27%) |
| AGAINST: | 4 | proxies representing | 67,967 | voting shares | (.53%) |
| NOT VOTED: | 6 | proxies representing | 26,333 | voting shares | (.20%) |
| TOTAL: | 50 | proxies representing | 12,860,142 | voting shares | (100.00%) |
| |
| Resolution No. 4 |
| The authorization of the Corporation to extend the Performance Escrow Agreement, as specified in the information Circular / Proxy Statement dated March 1, 2004. |
| FOR: | 40 | proxies representing | 12,765,309 | voting shares | (99.26%) |
| AGAINST: | 3 | proxies representing | 68,000 | voting shares | (.53%) |
| WITHHELD: | 1 | proxies representing | 500 | voting shares | (.00%) |
| NOT VOTED: | 6 | proxies representing | 26,333 | voting shares | (.21%) |
| TOTAL: | 50 | proxies representing | 12,860,142 | voting shares | (100.00%) |
| |
| Total Issued and Outstanding: 24,655,722 |