By accessing this web site, you agree to be bound by the Terms and Conditions set out below. If you do not agree with the terms and conditions, do not access this web site or any pages thereof.

Fraser Mackenzie Limited is referred to on this web site and in these notices as "Fraser Mackenzie", OR "FM".

No Advice and No Solicitation

The information provided on this web site is intended for informational purposes only and is not intended to provide specific financial, investment, accounting, legal or tax advice and should not be relied upon as such. You should consult directly with a Fraser Mackenzie professional or your advisor before acting on any information on this web site. This site is solely for exchange of information and no information contained herein constitutes a solicitation or offer by Fraser Mackenzie to buy or sell products or services of any kind whatsoever, including, without limitation, securities or any other financial instruments of any issuer. PLEASE BE ADVISED THAT TRADING INSTRUCTIONS SHOULD NOT BE COMMUNICATED VIA E-MAIL, AND IF RECEIVED WILL NOT BE ACTED UPON.

Revisions

Fraser Mackenzie may at any time revise these Terms and Conditions by updating this posting. You should therefore review these Terms and Conditions each time you access the site.

Applicable Jurisdictions

Any products or services mentioned on this web site are made available only in accordance with local law (including applicable securities law) and only where they may be lawfully offered for sale.

Monitoring

Fraser Mackenzie is under no obligation to monitor this site and assumes no responsibility or liability should its content be modified or altered in any way without Fraser Mackenzie 's consent.

Accuracy

Fraser Mackenzie does not warrant or make any representation concerning the accuracy, completeness, quality, adequacy or content of any information on this website, including any information and materials on any site linked to this site.

Links and Software

Links to other web sites or references to products, services or publications other than those of Fraser Mackenzie on this website do not imply the endorsement or approval of such web site, products, services or publications. Linking to any other web site is at your sole risk. Use of any software downloaded through links on this website are subject to any licence agreements applicable to such software.

No Liability

Fraser Mackenzie has no liability to users of this site and use of this site is entirely at the risk of the user. Fraser Mackenzie is not responsible for any errors that may occur on this site that may in turn cause software or any other problem on the user's computer or network. Fraser Mackenzie is not responsible for any viruses that the user may become infected with as a result of using this site or downloading any material from this site.

Consent

You hereby authorize Fraser Mackenzie to collect and retain all relevant information relating to your use of this site. You further authorize any third party to provide Fraser Mackenzie with such information.

Confidentiality

This Web site is not a secure medium for communication. Internet e-mail is vulnerable to interception and forging. Fraser Mackenzie cannot ensure the privacy, accuracy and authenticity of any information or instructions we send to you or you send to us over the Internet. Fraser Mackenzie will not be responsible for any damages you may incur if you communicate confidential information to us over the Internet or if we communicate such information to you at your request.

Damage

Fraser Mackenzie assumes no responsibility and shall not be liable for any damages to, or viruses that may infect, your computer equipment or other property on account of your access to, use of, or browsing on this site or your downloading of any materials, data text or images from this site.

Right of Indemnification

You agree to defend, indemnify and hold Fraser Mackenzie, its suppliers, employees, affiliates and related companies harmless from any and all liabilities, costs and expenses, including reasonable fees related to any violation of these Terms and Conditions by you, or in connection with your use of this site or with the placement or transmission of any message or information on this site by you.

Use of Information

You hereby agree that you shall not use any information contained in this site or in the links to this site in any claims, proceedings, suits or actions against Fraser Mackenzie, or its affiliates.

Waiver

Fraser Mackenzie 's failure to insist upon or enforce strict performance of any provision of these Terms and Conditions shall not be construed as a waiver of any provision or rights contained in these Terms and Conditions.

Governing Laws

These Terms and Conditions shall be governed by the laws of the province of Ontario and the federal laws of Canada, applicable therein, and you agree to be bound by the laws of these jurisdictions.