Normal Course Issuer Bid

Common Shares

The Corporation has renewed its normal course issuer bid, through the Toronto Stock Exchange, for the period of December 9, 2011 to December 8, 2012. The Corporation intends to purchase for cancellation, during the course of the bid, up to but not more than 6,000,000 of its common shares (“Common Shares”), representing 0.63% of the outstanding Common Shares on November 30, 2011. As of November 30, 2011 the total number of issued and outstanding Common Shares was 949,760,141. The average daily trading volume for the six months ending on November 30, 2011 was 650,633 Common Shares. The daily repurchase restriction during the course of the bid is 162,666 Common Shares, representing 25% of the average daily trading volume. Any Common Shares purchased by the Corporation under the bid will be cancelled.

The Corporation utilizes this normal course issuer bid program to acquire Common Shares in order to mitigate the dilutive effect of stock options issued under the Corporation’s Stock Option Plan.

A copy of the News Release announcing the Normal Course Issuer Bid is available on our website and on SEDAR. Shareholders may obtain a copy of the Notice of Intention to make a Normal Course Issuer Bid, at no charge, by contacting the Corporate Secretary's Office.