Terms of Investment ¹

Minimum Investment: Management Fee: Performance Allocation: Hurdle Rate: High-Water Mark:

$150,000 2% 20% 5% Original NAV (Performance Reset)

Partners

Prime Broker/Custodian: Auditor: Legal Counsel: Administrator:

CIBC World Markets Inc. KPMG LLP Borden Ladner Gervais LLP Apex Fund Services (Canada) Ltd.

¹ Read the Offering Memorandum for full details.