RE:RE:From Scotia - Got it from a buddy in the PatchThe Transaction is a related party transaction as such term is defined under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (MI 61-101) as Mr. Garth Braun, the Companys Chairman, Chief Executive Officer and President is also a director of Stage and Sean Campbell, a director of Blackbird, holds an indirect controlling interest in Stage and is also the President and a director of Stage. The Transaction is exempt from the requirement to obtain minority shareholder approval and a formal valuation as required by MI 61-101 as the fair market value of the transaction is not more than the 25% of the Companys market capitalization.