S&P/TSX COMPOSITE SHORT INDEX PROVIDED BY ELBEN CAPITAL BASED ON REPORTED DATA TO IRROC BY EACH INDIVIDUAL MARKETPLACE WHERE TRADES WERE MARKED AS SHORT SALES. SHORT MARKET INDEX CONSIDERS 01 Jan 2015 AS THE BASE DATE FOR THE INDEX AND USES SHORT TOTAL VALUE OF THE COMPANIES AS COMMON DIVISOR. SHORT VALUE INDEX START VALUE IS 10,000. SHORT POSITIONS AS OF 16 Apr 2019 BASED ON AGGREGATE CHANGES FROM 01 Jan 2015 REPORTING.

S&P/TSX 60 COMPOSITE SHORT INDEX PROVIDED BY ELBEN CAPITAL BASED ON REPORTED DATA TO IRROC BY EACH INDIVIDUAL MARKETPLACE WHERE TRADES WERE MARKED AS SHORT SALES. SHORT MARKET INDEX CONSIDERS 01 Jan 2015 AS THE BASE DATE FOR THE INDEX AND USES SHORT TOTAL VALUE OF THE COMPANIES AS COMMON DIVISOR. SHORT VALUE INDEX START VALUE IS 10,000. SHORT POSITIONS AS OF 16 Apr 2019 BASED ON AGGREGATE CHANGES FROM 01 Jan 2015 REPORTING.