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Regulatory News

2017                                                   
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In particular, unless otherwise determined by the Company and permitted by applicable law and regulation, it is not intended, subject to certain exceptions, that any offering of the securities mentioned in such materials (the "securities") by the Company would be made, directly or indirectly, in or into Canada, Australia, New Zealand, Japan South Africa or the United States.

The materials do not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in any jurisdiction, including Canada, United States, Australia, New Zealand, Japan or South Africa or any jurisdiction or jurisdictions in which such offers or sales are unlawful prior to registration or qualification under the securities laws of any such jurisdiction. In particular, the securities referred to herein and on the pages that follow have not been and will not be registered under the United States Securities Act of 1933, as amended (the "Securities Act"), or with any securities regulatory authority of any state or other jurisdiction of the United States and may not be offered, sold, re-sold, taken up, pledged, delivered, distributed or otherwise transferred, directly or indirectly, in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws.

There will be no public offer of the securities in Australia, New Zealand, Japan, South Africa or the United States. The securities may not be offered, sold, resold, taken up, exercised, renounced, transferred, delivered or distributed, directly or indirectly, through CREST or otherwise, in, Australia, New Zealand, Japan South Africa or the United States or to or for the benefit of any resident of, Australia, New Zealand, Japan, South Africa or the United States, or any other jurisdiction if to do so would constitute a violation of the relevant laws of, or require registration thereof in, such jurisdiction.

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