RECENT TRANSACTIONS

$3,450,000
Private Placement of
Common Shares

Sole Agent

$3,950,000
Offering of Limited Partnership Units

Sole Agent

$16,500,000
Private Placement of Common Shares

Sole Agent

Savoy on Clement
Downtown Kelowna, BC
$5,200,000
Offering of Limited Partnership Units

Sole Agent

$23,100,000
Bought Deal of Common Shares

Syndicate Member

$5,000,000
Royalty Interest

Sole Agent

$6,400,000
Private Placement of
Common Shares

Sole Agent

$4,000,000
Bought Deal of
Common Shares

Syndicate Member

$3,500,000
Private Placement of Units

Co-Lead Agent

$3,000,000
Private Placement of
Common Shares

Sole Agent

$4,000,000
10% Unsecured Convertible
Debentures

Sole Agent

$5,700,000
Private Placement of
Common Shares

Sole Agent

$3,100,000
Non-brokered Private Placement of
Common Shares

Sole Finder

$1,850,000
Project Equity +
Mezzanine Debt

Sole Agent

$2,500,000
Non-brokered Private
Placement of Common Shares

Sole Finder

$8,400,000
Private Placement of
Common Shares

Sole Agent

$12,500,000
Private Placement of
Trust Units

Sole Agent

$20,000,000
Private Placement of
Common Shares

Sole Agent

USD$40,000,000
Private Placement of
Common Shares

Sole Agent