TSX Venture Exchange Bulletin - Amendments To Fees

The Exchange is implementing certain amendments to its schedule of fees which will come into effect on January 1, 2011. The changes relate to the Exchange’s sustaining fees, minimum listing fees (payable for new listings, qualifying transactions, reverse takeover bids and changes in business) and maximum financing fees. All other fees remain unchanged. A copy of the revised schedule of fees is attached. The new schedule of fees will apply to submissions received after December 31, 2010. The current fee schedule will continue to apply to submissions received until that date.