Pala and Mercuria to provide a US$40 million equity investment to the Company, with Pala and Mercuria to each provide US$20 million. Mercuria will fund its equity investment in two tranches, with US$10 million being funded at the closing of the funding package and the remaining US$10 million to be put in escrow on closing and funded upon the satisfaction or waiver of certain conditions. Pala's subscription and the first tranche of Mercuria's subscription will be at a subscription price equal to a 15% discount to the five-day volume weighted average price (the "VWAP") of the Company's common shares on the Toronto Stock Exchange (the "TSX") as of the trading day prior to the closing of the funding package (the "Equity Subscription Price").