PROFIT SHARING UPDATE

Earlier this week we received a Memorandum of Understanding from the company regarding our Profit Sharing grievance. The grievance stated that the company was not providing us with the Audited Consolidated Statement of Income as outlined in the C.B.A. Specifically they were only giving us a spread sheet with numbers that could have come from anywhere. At the original meeting here in Regina we were told that the company knows they have been giving us the incorrect info but going forward they will provide us with the correct info from Ernst & Young and anything previous they will not give us. Well in Calgary the company provided us with the Audited Financial information from E&Y and it demonstrates and coincides with the figures and earnings from 2012 to present. Going forward the company has agreed to provide us with an extra level of information from the Auditor.