<SEC-DOCUMENT>0001171520-16-000714.txt : 20160120
<SEC-HEADER>0001171520-16-000714.hdr.sgml : 20160120
<ACCEPTANCE-DATETIME>20160120112537
ACCESSION NUMBER:		0001171520-16-000714
CONFORMED SUBMISSION TYPE:	SC 13G/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20160120
DATE AS OF CHANGE:		20160120

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			North American Energy Partners Inc.
		CENTRAL INDEX KEY:			0001368519
		STANDARD INDUSTRIAL CLASSIFICATION:	OIL, GAS FIELD SERVICES, NBC [1389]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			A0
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-82223
		FILM NUMBER:		161350153

	BUSINESS ADDRESS:	
		STREET 1:		ZONE 3, ACHESON INDUSTRIAL AREA
		STREET 2:		2-53016 HIGHWAY 60
		CITY:			ACHESON
		STATE:			A0
		ZIP:			T7X 5A7
		BUSINESS PHONE:		780-960-7171

	MAIL ADDRESS:	
		STREET 1:		ZONE 3, ACHESON INDUSTRIAL AREA
		STREET 2:		2-53016 HIGHWAY 60
		CITY:			ACHESON
		STATE:			A0
		ZIP:			T7X 5A7

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NORTH AMERICAN ENERGY PARTNERS INC.
		DATE OF NAME CHANGE:	20061129

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NACG Holdings Inc.
		DATE OF NAME CHANGE:	20060707

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PICTON MAHONEY ASSET MANAGEMENT
		CENTRAL INDEX KEY:			0001539041
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			A6
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		SC 13G/A

	BUSINESS ADDRESS:	
		STREET 1:		33 YONGE STREET, SUITE 830
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M5E 1G4
		BUSINESS PHONE:		416-955-4108

	MAIL ADDRESS:	
		STREET 1:		33 YONGE STREET, SUITE 830
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M5E 1G4
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G/A
<SEQUENCE>1
<FILENAME>eps6611.htm
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<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 12pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 2pt solid; border-bottom: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 14pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 14pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 14pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 18pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SCHEDULE 13G</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Under the Securities Exchange Act
of 1934</B></P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>(Amendment No. 1)*</B></P>

<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
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    <TD STYLE="width: 100%; border-bottom: Black 1pt solid; font: bold 14pt Palatino Linotype, Palatino, Times, Serif; padding-right: 114.9pt; padding-left: 125.95pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 14pt">NORTH AMERICAN ENERGY PARTNERS INC.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">(Name of Issuer)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; font: bold 10pt Palatino Linotype, Palatino, Times, Serif; padding-right: 114.9pt; padding-left: 125.95pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Common Stock</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">(Title of Class of Securities)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; font: bold 10pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>656844107</B></FONT></TD></TR>
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    <TD STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">(CUSIP Number)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; font: bold 10pt Palatino Linotype, Palatino, Times, Serif; padding-right: 114.9pt; padding-left: 125.95pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">DECEMBER 31, 2015</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">(Date of Event Which Requires Filing of this Statement)</FONT></TD></TR>
</TABLE>
<P STYLE="font: 12pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">Check the appropriate box to designate
the rule pursuant to which this Schedule is filed:</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

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    <TD STYLE="padding-right: 0.8pt; line-height: 115%; width: 8%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%; width: 5%"><FONT STYLE="font-family: MS Mincho">&#9746;</FONT></TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">Rule&nbsp;13d-1(b)</FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: white">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: MS Mincho">&#9744;</FONT></TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">Rule&nbsp;13d-1(c)</FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: white">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: MS Mincho">&#9744;</FONT></TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">Rule&nbsp;13d-1(d)</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">* The remainder
of this cover page shall be filled out for a reporting person&rsquo;s initial filing on this form with respect to the subject class
of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover
page.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">The information required in the remainder
of this cover page shall not be deemed to be &ldquo;filed&rdquo; for the purpose of Section 18 of the Securities Exchange Act of
1934 (&ldquo;Act&rdquo;) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions
of the Act (however, see the Notes).&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

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    <!-- Field: /Page -->

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 2.25pt; font-weight: bold; line-height: 115%; text-align: justify; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>CUSIP No</B> .&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; background-color: #F3F3F3; padding-left: 2.25pt; text-align: justify; line-height: 115%; font-size: 10pt; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">656844107</FONT></TD>
    <TD STYLE="padding-left: 1.5pt; text-align: right; line-height: 115%; width: 60%">&nbsp;</TD>
    <TD STYLE="background-color: #F3F3F3; padding-left: 2.25pt; text-align: right; line-height: 115%; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif">Page 2 of 5</FONT></TD></TR>
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<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; border-top: black 1pt solid; border-bottom: black 1.5pt solid; border-left: black 1pt solid">
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3pt; text-indent: 0.5in">&nbsp;</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3pt; text-align: center"><B>1</B></P></TD>
    <TD COLSPAN="3" STYLE="vertical-align: top; border-top: black 1pt solid; border-bottom: black 1.5pt solid; border-left: black 1pt solid">
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3pt; text-indent: 0.5in">&nbsp;</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3pt">NAME OF REPORTING PERSONS<BR>
        I.R.S. IDENTIFICATION NO. OF ABOVE&nbsp;&nbsp;PERSONS<BR>
        (ENTITIES ONLY)&nbsp;</P></TD>
    <TD STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; background-color: #F3F3F3; padding-left: 2.25pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">PICTON MAHONEY ASSET MANAGEMENT</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; border-left: black 1pt solid">
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3pt; text-indent: 0.5in">&nbsp;</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3pt; text-align: center"><B>2</B></P></TD>
    <TD COLSPAN="3" STYLE="vertical-align: top; border-bottom: black 1.5pt solid; border-left: black 1pt solid">
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3pt; text-indent: 0.5in">&nbsp;</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3pt">CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3pt; text-indent: 0.5in">&nbsp;</P></TD>
    <TD STYLE="background-color: #F3F3F3">
        <P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0 0 0 2.25pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">(a)
        </FONT><FONT STYLE="font-family: MS Mincho">&#9744;</FONT></P>
        <P STYLE="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0 0 0 2.25pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">(b)
        </FONT><FONT STYLE="font-family: MS Mincho">&#9744;</FONT></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; border-left: black 1pt solid">
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3pt; text-indent: 0.5in">&nbsp;</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3pt; text-align: center"><B>3</B></P></TD>
    <TD COLSPAN="3" STYLE="vertical-align: top; border-bottom: black 1.5pt solid; border-left: black 1pt solid">
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3pt; text-indent: 0.5in">&nbsp;</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3pt">SEC USE ONLY</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3pt; text-indent: 0.5in">&nbsp;</P></TD>
    <TD STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-left: 2.25pt">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; border-left: black 1pt solid">
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3pt; text-indent: 0.5in">&nbsp;</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3pt; text-align: center"><B>4</B></P></TD>
    <TD COLSPAN="3" STYLE="vertical-align: top; border-bottom: black 1.5pt solid; border-left: black 1pt solid">
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3pt; text-indent: 0.5in">&nbsp;</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3pt">CITIZENSHIP OR PLACE OF ORGANIZATION</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3pt; text-indent: 0.5in">&nbsp;</P></TD>
    <TD STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; background-color: #F3F3F3; padding-left: 2.25pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">TORONTO</FONT></TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="border-left: black 1pt solid; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-left: 3pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">NUMBER OF</FONT><BR>
<FONT STYLE="font-family: Times New Roman, Times, Serif">SHARES</FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; border-left: black 1pt solid; font: bold 11pt/115% Calibri, Helvetica, Sans-Serif; padding-left: 3pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>5</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; border-left: black 1pt solid; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">SOLE VOTING POWER</FONT></TD>
    <TD STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; background-color: #F3F3F3; padding-left: 2.25pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">0</FONT></TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="border-left: black 1pt solid; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-left: 3pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">BENEFICIALLY</FONT><BR>
<FONT STYLE="font-family: Times New Roman, Times, Serif">OWNED BY</FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; border-left: black 1pt solid; font: bold 11pt/115% Calibri, Helvetica, Sans-Serif; padding-left: 3pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>6</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; border-left: black 1pt solid; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">SHARED VOTING POWER</FONT></TD>
    <TD STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; background-color: #F3F3F3; padding-left: 2.25pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">0</FONT></TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="border-left: black 1pt solid; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-left: 3pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">EACH</FONT><BR>
<FONT STYLE="font-family: Times New Roman, Times, Serif">REPORTING</FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; border-left: black 1pt solid; font: bold 11pt/115% Calibri, Helvetica, Sans-Serif; padding-left: 3pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>7</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; border-left: black 1pt solid; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">SOLE DISPOSITIVE POWER</FONT></TD>
    <TD STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; background-color: #F3F3F3; padding-left: 2.25pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">0</FONT></TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="border-bottom: black 1.5pt solid; border-left: black 1pt solid; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-left: 3pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">PERSON</FONT><BR>
<FONT STYLE="font-family: Times New Roman, Times, Serif">WITH:</FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; border-left: black 1pt solid; font: bold 11pt/115% Calibri, Helvetica, Sans-Serif; padding-left: 3pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>8</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; border-left: black 1pt solid; font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">SHARED DISPOSITIVE POWER</FONT></TD>
    <TD STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; background-color: #F3F3F3; padding-left: 2.25pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">0</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; border-left: black 1pt solid">
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3pt; text-indent: 0.5in">&nbsp;</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3pt; text-align: center"><B>9</B></P></TD>
    <TD COLSPAN="3" STYLE="vertical-align: top; border-bottom: black 1.5pt solid; border-left: black 1pt solid">
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3pt; text-indent: 0.5in">&nbsp;</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3pt">AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
        PERSON</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3pt; text-indent: 0.5in">&nbsp;</P></TD>
    <TD STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; background-color: #F3F3F3; padding-left: 2.25pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">0</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; border-left: black 1pt solid">
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3pt; text-indent: 0.5in">&nbsp;</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3pt; text-align: center"><B>10</B></P></TD>
    <TD COLSPAN="3" STYLE="vertical-align: top; border-bottom: black 1.5pt solid; border-left: black 1pt solid">
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3pt; text-indent: 0.5in">&nbsp;</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3pt">CHECK BOX IF THE AGGREGATE AMOUNT IN ROW&nbsp;9 EXCLUDES
        CERTAIN SHARES</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3pt; text-indent: 0.5in">&nbsp;</P></TD>
    <TD STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; background-color: #F3F3F3; padding-left: 2.25pt"><FONT STYLE="font-family: MS Mincho">&#9744;</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; border-left: black 1pt solid">
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3pt; text-indent: 0.5in">&nbsp;</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3pt; text-align: center"><B>11</B></P></TD>
    <TD COLSPAN="3" STYLE="vertical-align: top; border-bottom: black 1.5pt solid; border-left: black 1pt solid">
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3pt; text-indent: 0.5in">&nbsp;</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3pt">PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3pt; text-indent: 0.5in">&nbsp;</P></TD>
    <TD STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; background-color: #F3F3F3; padding-left: 2.25pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">0.0%</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; border-left: black 1pt solid">
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3pt; text-indent: 0.5in">&nbsp;</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3pt; text-align: center"><B>12</B></P></TD>
    <TD COLSPAN="3" STYLE="vertical-align: top; border-bottom: black 1.5pt solid; border-left: black 1pt solid">
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3pt; text-indent: 0.5in">&nbsp;</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3pt">TYPE OF REPORTING PERSON</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3pt; text-indent: 0.5in">&nbsp;</P></TD>
    <TD STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; background-color: #F3F3F3; padding-left: 2.25pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">IA</FONT></TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
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    <TD STYLE="border-bottom: black 1pt solid; font: 10pt/115% Calibri, Helvetica, Sans-Serif; background-color: #F3F3F3; padding-left: 2.25pt; text-align: justify; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">656844107</FONT></TD>
    <TD STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; padding-left: 1.5pt; text-align: right; width: 60%">&nbsp;</TD>
    <TD STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; background-color: #F3F3F3; padding-left: 2.25pt; text-align: right; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif">Page 3 of 5</FONT></TD></TR>
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<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; font-weight: bold; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Item 1(a).</B></FONT></TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; font-weight: bold; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Name of Issuer:</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="background-color: #F3F3F3; padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">NORTH AMERICAN ENERGY PARTNERS INC.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; font-weight: bold; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Item 1(b).</B></FONT></TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; font-weight: bold; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Address of Issuer&rsquo;s Principal Executive Offices:</B></FONT></TD></TR>
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    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="background-color: #F3F3F3; padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif; text-transform: uppercase">Zone 3, Acheson Industrial Area, 2-53016 Hwy 60, Acheson, Alberta, T7X 5A7, CANADA</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; font-weight: bold; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Item 2(a).</B></FONT></TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; font-weight: bold; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Name of Person Filing:</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="background-color: #F3F3F3; padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">PICTON MAHONEY ASSET MANAGEMENT</FONT></TD></TR>
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    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD></TR>
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    <TD STYLE="padding-right: 0.8pt; font-weight: bold; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Item 2(b).</B></FONT></TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; font-weight: bold; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Address of Principal Business Office or, if None, Residence:</B></FONT></TD></TR>
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    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="background-color: #F3F3F3; padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">33 YONGE STREET, SUITE 830, TORONTO, ONTARIO,&nbsp;&nbsp;M5E 1G4</FONT></TD></TR>
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    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; font-weight: bold; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Item 2(c).</B></FONT></TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; font-weight: bold; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Citizenship:</B></FONT></TD></TR>
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    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD></TR>
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    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="background-color: #F3F3F3; padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">CANADA</FONT></TD></TR>
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    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD></TR>
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    <TD STYLE="padding-right: 0.8pt; font-weight: bold; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Item 2(d).</B></FONT></TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; font-weight: bold; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Title of Class of Securities:</B></FONT></TD></TR>
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    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="background-color: #F3F3F3; padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">COMMON STOCK</FONT></TD></TR>
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    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD></TR>
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    <TD STYLE="padding-right: 0.8pt; font-weight: bold; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Item 2(e).</B></FONT></TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; font-weight: bold; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>CUSIP Number:</B></FONT></TD></TR>
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    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="background-color: #F3F3F3; padding-right: 0.8pt; line-height: 115%; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">656844107</FONT></TD></TR>
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    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD></TR>
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    <TD STYLE="padding-right: 0.8pt; font-weight: bold; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Item 3.</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.8pt; font-weight: bold; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>If This Statement is Filed Pursuant to &sect;&sect;240.13d-1(b), or 240.13d-2(b) or (c), Check Whether the Person Filing is a:</B></FONT></TD></TR>
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    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">(a)</FONT></TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Wingdings">o</FONT></TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o).</FONT></TD></TR>
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    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">(b)</FONT></TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Wingdings">o</FONT></TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c).</FONT></TD></TR>
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    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">(c)</FONT></TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Wingdings">o</FONT></TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c).</FONT></TD></TR>
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    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">(d)</FONT></TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Wingdings">o</FONT></TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).</FONT></TD></TR>
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    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">(e)</FONT></TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: MS Mincho">&#9746;</FONT></TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">An investment adviser in accordance with &sect;240.13d-1(b)(1)(ii)(E);</FONT></TD></TR>
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    <TD STYLE="padding-left: 2.25pt; font-weight: bold; line-height: 115%; text-align: justify; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>CUSIP No</B> .&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; background-color: #F3F3F3; padding-left: 2.25pt; text-align: justify; line-height: 115%; font-size: 10pt; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">656844107</FONT></TD>
    <TD STYLE="padding-left: 1.5pt; text-align: right; line-height: 115%; width: 60%">&nbsp;</TD>
    <TD STYLE="background-color: #F3F3F3; padding-left: 2.25pt; text-align: right; line-height: 115%; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif">Page 4 of 5</FONT></TD></TR>
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    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">(f)</FONT></TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Wingdings">o</FONT></TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">An employee benefit plan or endowment fund in accordance with &sect;240.13d-1(b)(1)(ii)(F);</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">(g)</FONT></TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Wingdings">o</FONT></TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">A parent holding company or control person in accordance with &sect;240.13d-1(b)(ii)(G);</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">(h)</FONT></TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Wingdings">o</FONT></TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">(i)</FONT></TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Wingdings">o</FONT></TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act (15 U.S.C. 80a-3);</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">(j)</FONT></TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Wingdings">o</FONT></TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">Group, in accordance with &sect;240.13d-1(b)(1)(ii)(J).</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 10%; padding-right: 0.8pt; font-weight: bold; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Item 4.</B></FONT></TD>
    <TD STYLE="width: 90%; padding-right: 0.8pt; font-weight: bold; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Ownership.</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 1.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">(a)</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.8pt; font-weight: bold; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">Amount beneficially owned:</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.8pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="background-color: #F3F3F3; padding-right: 1.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">0</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.8pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">(b)</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">Percent of class:</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.8pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="background-color: #F3F3F3; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">0.0%</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.8pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">(c)</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">Number of shares as to which such person has:</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.8pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">(i)</FONT></TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">Sole power to vote or to direct the vote</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="background-color: #F3F3F3; padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">0</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">(ii)</FONT></TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">Shared power to vote or to direct the vote</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="background-color: #F3F3F3; padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">0</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">(iii)</FONT></TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">Sole power to dispose or to direct the disposition of</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="background-color: #F3F3F3; padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">0</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">(iv)</FONT></TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">Shared power to dispose or to direct the disposition of</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="background-color: #F3F3F3; padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">0</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


<!-- Field: Page; Sequence: 4 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; padding-bottom: 2pt; border-bottom: rgb(98,145,178) 2pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt">&nbsp;</DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 2.25pt; font-weight: bold; line-height: 115%; text-align: justify; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>CUSIP No</B> .&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; background-color: #F3F3F3; padding-left: 2.25pt; text-align: justify; line-height: 115%; font-size: 10pt; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">656844107</FONT></TD>
    <TD STYLE="padding-left: 1.5pt; text-align: right; line-height: 115%; width: 60%">&nbsp;</TD>
    <TD STYLE="background-color: #F3F3F3; padding-left: 2.25pt; text-align: right; line-height: 115%; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif">Page 5 of 5</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 10%; padding-right: 0.8pt; font-weight: bold; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Item 5.</B></FONT></TD>
    <TD STYLE="width: 90%; padding-right: 0.8pt; font-weight: bold; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Ownership of Five Percent or Less of a Class.</B></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0.8pt; text-indent: 31.6pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following </FONT><FONT STYLE="font-family: MS Mincho">&#9745;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; font-weight: bold; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Item 6.</B></FONT></TD>
    <TD STYLE="padding-right: 0.8pt; font-weight: bold; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Ownership of More than Five Percent on Behalf of Another Person.</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="background-color: #F3F3F3; padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif; text-transform: uppercase">NOT APPLICABLE</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; font-weight: bold; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Item 7.</B></FONT></TD>
    <TD STYLE="padding-right: 0.8pt; font-weight: bold; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="background-color: #F3F3F3; padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">NOT APPLICABLE</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; font-weight: bold; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Item 8.</B></FONT></TD>
    <TD STYLE="padding-right: 0.8pt; font-weight: bold; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Identification and Classification of Members of the Group.</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="background-color: #F3F3F3; padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">NOT APPLICABLE</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; font-weight: bold; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Item 9.</B></FONT></TD>
    <TD STYLE="padding-right: 0.8pt; font-weight: bold; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Notice of Dissolution of Group.</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="background-color: #F3F3F3; padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">NOT APPLICABLE</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; font-weight: bold; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Item 10.</B></FONT></TD>
    <TD STYLE="padding-right: 0.8pt; font-weight: bold; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Certification.</B></FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing
or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant
in any transaction having that purpose or effect.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">After reasonable inquiry and to the best of my knowledge
and belief, I certify that the information set forth in this statement is true, complete and correct.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 11pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%; width: 20%">&nbsp;</TD>
    <TD STYLE="padding-right: 1.8pt; line-height: 115%; width: 11%"><FONT STYLE="font-family: Times New Roman, Times, Serif">Date:</FONT></TD>
    <TD STYLE="padding-right: 1.8pt; line-height: 115%; width: 39%"><FONT STYLE="font-family: Times New Roman, Times, Serif">JANUARY 19, 2016</FONT></TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%; width: 30%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
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    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">Signature:</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">/s/ ANDREW MA</FONT></TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">Name:</FONT></TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">ANDREW MA</FONT></TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD></TR>
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    <TD STYLE="padding-right: 0.8pt; line-height: 115%">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">Title:</FONT></TD>
    <TD STYLE="padding-right: 0.8pt; line-height: 115%"><FONT STYLE="font-family: Times New Roman, Times, Serif">CHIEF COMPLIANCE OFFICER</FONT></TD>
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