Business Combinations and Related Party Transactions – Disclosure

Paragraphs 4.2(3)(a) and 5.3(3)(a) of the Instrument require in the information circulars for a business combination and a related party transaction, respectively, the disclosure required by Form 62-104F2 to the extent applicable and with necessary modifications. In our view, Form 62-104F2 disclosure would generally include disclosure for the following items, with necessary modifications, in the context of those transactions:…12. Item 19 – Financial statements… 14. Item 21 – Securities of issuer to be exchanged for others