Ann: Release of restricted securities from escrow, page-75

Thanks Grant.

I read specific S&G persons restricted but I see those additional specific listed S&G person restrictions only apply to section 4. The hedging restriction is in section 3 and therefore applies to all employees.

p.s - separate matter - I'm advised that the cash flow statement does include VAT/GST in the receipts/payments. This aligns with Receivables and Payables that are inclusive of VAT/GST (where applicable). Grant, this is what you have assumed all along and I've thought the same just wanted clarity. The two obviously net each other out to a degree, though one hopes there is a net good/service tax liability or we are not producing + cash!

Income statement revenue/expenses are exclusive of VAT/GST so good/services tax has no implication to profit.