text: **Debentures**
  
  The Company’s $57.5 million convertible unsecured subordinated debentures mature November 30, 2017, bear interest at 5.65% and are 
  convertible, at the holders’ option, to common shares at a price of $13.40. The Debentures are redeemable at the option of the Company after 
  november 30, 2013, and on or before november 30, 2015, provided that the current market price of the common shares of the company on 
  the date on which the notice of redemption is given is not less than 125% of the conversion price. After November 30, 2015, the debentures are 
  redeemable at face value. Upon maturity or redemption, the Company may elect to repay all or any portion of the debentures outstanding by 
  issuing the number of common shares obtained by dividing the aggregate of the principal amount of the debentures that have matured or are 
  being redeemed by 95% of the weighted average market price of the common shares for the preceding 20 days (ending 5 days preceding the 
  fixed date for redemption or maturing). 
  
  The Company’s $46.0 million convertible unsecured subordinated debentures mature June 30, 2018, bear interest at 5.45% and are convertible, 
  at the holders’ option, to common shares at a price of $14.60. The Debentures are redeemable at the option of the Company after June 30, 
  2014, and on or before June 30, 2016, provided that the current market price of the common shares of the company on the date on which the 
  notice of redemption is given is not less than 125% of the conversion price. After June 30, 2016, the debentures are redeemable at face value. 
  Upon maturity or redemption, the Company may elect to repay all or any portion of the debentures outstanding by issuing the number of 
  common shares obtained by dividing the aggregate of the principal amount of the debentures that have matured or are being redeemed by 95% 
  of the weighted average market price of the common shares for the preceding 20 days (ending 5 days preceding the fixed date for redemption or 
  maturing). 