<SEC-DOCUMENT>0001580642-19-002865.txt : 20190614
<SEC-HEADER>0001580642-19-002865.hdr.sgml : 20190614
<ACCEPTANCE-DATETIME>20190614152456
ACCESSION NUMBER:		0001580642-19-002865
CONFORMED SUBMISSION TYPE:	SC 13G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20190614
DATE AS OF CHANGE:		20190614

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TUCOWS INC /PA/
		CENTRAL INDEX KEY:			0000909494
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374]
		IRS NUMBER:				232707366
		STATE OF INCORPORATION:			PA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-49487
		FILM NUMBER:		19898713

	BUSINESS ADDRESS:	
		STREET 1:		96 MOWAT AVENUE
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M6K 3M1
		BUSINESS PHONE:		4165385478

	MAIL ADDRESS:	
		STREET 1:		96 MOWAT AVENUE
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M6K 3M1

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	INFONAUTICS INC
		DATE OF NAME CHANGE:	19960426

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	INFONAUTICS CORP
		DATE OF NAME CHANGE:	19960315

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CLS Investments, LLC
		CENTRAL INDEX KEY:			0001360533
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G

	BUSINESS ADDRESS:	
		STREET 1:		17605 WRIGHT STREET
		CITY:			OMAHA
		STATE:			NE
		ZIP:			68130
		BUSINESS PHONE:		402-493-3313

	MAIL ADDRESS:	
		STREET 1:		17605 WRIGHT STREET
		CITY:			OMAHA
		STATE:			NE
		ZIP:			68130

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CLS INVESTMENT FIRM, LLC
		DATE OF NAME CHANGE:	20060425
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G
<SEQUENCE>1
<FILENAME>tucows13g.htm
<DESCRIPTION>SC 13G
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.4pt 0 0">&nbsp;</P>

<P STYLE="font: bold 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.1pt; text-align: center">UNITED STATES</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0.1pt 0 0 0.15pt; text-align: center">Washington, D.C. 20549</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.45pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 0.15pt; text-align: center"><B>SCHEDULE 13G</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0.45pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 162.2pt 0 162.5pt; text-align: center">Under the Securities Exchange
Act of 1934 (Amendment No.<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>&nbsp;)*</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.4pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: left; margin-bottom: 0">Tucows Inc. (TCX)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; border-bottom: 1pt black solid">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 5.45pt 0 0; text-align: center">(Name of Issuer)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.05pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Common Stock</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; border-bottom: 1pt black solid">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0.05in 5.65pt 0 0; text-align: center">(Title
of Class of Securities)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.5pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">898697206</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; border-bottom: 1pt black solid">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0.05in 5.7pt 0 0; text-align: center">(CUSIP
Number)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.1pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">June 7, 2019</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; border-bottom: 1pt black solid">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0.05in 0 0 132pt">(Date
of Event which Requires Filing of this Statement)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.05pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0.05in 0 0 41.9pt; text-indent: -36.05pt">Check the appropriate
box to designate the rule pursuant to which this Schedule is filed:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0.65pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0.3pt 0 0 41.9pt">[x] Rule 13d-1(b)</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0.65pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0.3pt 0 0 41.9pt">[_] Rule 13d-1(c)</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0.65pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 41.9pt">[ ] Rule 13d-1(d)</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0.65pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 5.7pt 0 5.85pt; 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: 12pt Times New Roman, Times, Serif; margin: 0.85pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 5.95pt 0 5.85pt; 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 <I>Notes</I>).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0.25pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 4pt 0 0 5.85pt">1297544.3</P>


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<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 3.9pt 0 0 16.15pt; text-align: center">SCHEDULE
13G</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.45pt 0 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="width: 33%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-left: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 34%">&nbsp;</TD>
    <TD STYLE="width: 33%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="text-indent: 11pt; border-right: Black 1pt solid; border-left: Black 1pt solid"><B>CUSIP No. </B>898697206</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-bottom: Black 1pt solid; border-left: Black 1pt solid; border-right: Black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.2pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font-size: 10pt; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="border: black 1pt solid; font: 12pt Times New Roman, Times, Serif; padding-top: 4.8pt; padding-left: 5.1pt"><FONT STYLE="font-size: 11pt"><B>1</B></FONT></TD>
    <TD COLSPAN="3" STYLE="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid">
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 4.8pt 0 0 4.95pt"><B>Names of Reporting Persons</B></P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 4.8pt 0 0 4.95pt">University of Notre Dame du Lac</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: 12pt Times New Roman, Times, Serif; padding-top: 4.9pt; padding-left: 5.1pt"><FONT STYLE="font-size: 11pt"><B>2</B></FONT></TD>
    <TD COLSPAN="3" STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid">
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 4.9pt 0 0 4.95pt"><B>Check the appropriate box if a member of a Group
        (see instructions)</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.25pt 0 0">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 39.9pt; text-indent: -17.8pt"><FONT STYLE="font-size: 11pt">(a)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;
        </FONT><FONT STYLE="font-size: 11pt">[ ]</FONT></P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0.05pt 0 0 40.5pt; text-indent: -18.4pt"><FONT STYLE="font-size: 11pt">(b)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;
        </FONT><FONT STYLE="font-size: 11pt">[ ]</FONT></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: 12pt Times New Roman, Times, Serif; padding-top: 4.8pt; padding-left: 5.1pt"><FONT STYLE="font-size: 11pt"><B>3</B></FONT></TD>
    <TD COLSPAN="3" STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 12pt Times New Roman, Times, Serif; padding-top: 4.8pt; padding-left: 4.95pt"><FONT STYLE="font-size: 11pt"><B>Sec Use Only</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: 12pt Times New Roman, Times, Serif; padding-top: 4.95pt; padding-left: 5.1pt"><FONT STYLE="font-size: 11pt"><B>4</B></FONT></TD>
    <TD COLSPAN="3" STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid">
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 4.95pt 0 0 4.95pt"><B>Citizenship or Place of Organization</B></P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 4.95pt 0 0 4.95pt">Indiana</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" ROWSPAN="4" STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0.1pt 0 0">&nbsp;</P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 6.45pt 0 6.4pt; text-align: center; text-indent: -0.1pt"><B>Number
        of Shares Beneficially Owned by Each Reporting Person With:</B></P></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 12pt Times New Roman, Times, Serif; padding-top: 4.8pt; padding-left: 5.1pt"><FONT STYLE="font-size: 11pt"><B>5</B></FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid">
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 4.8pt 0 0 5.1pt"><B>Sole Voting Power</B></P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 4.8pt 0 0 5.1pt">544,000</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 12pt Times New Roman, Times, Serif; padding-top: 4.8pt; padding-left: 5.1pt"><FONT STYLE="font-size: 11pt"><B>6</B></FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid">
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 4.8pt 0 0 5.1pt"><B>Shared Voting Power</B></P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 4.8pt 0 0 5.1pt">0</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 12pt Times New Roman, Times, Serif; padding-top: 4.8pt; padding-left: 5.1pt"><FONT STYLE="font-size: 11pt"><B>7</B></FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid">
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 4.8pt 0 0 5.1pt"><B>Sole Dispositive Power</B></P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 4.8pt 0 0 5.1pt">0</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 12pt Times New Roman, Times, Serif; padding-top: 4.8pt; padding-left: 5.1pt"><FONT STYLE="font-size: 11pt"><B>8</B></FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid">
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 4.8pt 0 0 5.1pt"><B>Shared Dispositive Power</B></P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 4.8pt 0 0 5.1pt">544,000</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: 12pt Times New Roman, Times, Serif; padding-top: 4.9pt; padding-left: 5.1pt"><FONT STYLE="font-size: 11pt"><B>9</B></FONT></TD>
    <TD COLSPAN="3" STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid">
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 4.9pt 0 0 4.95pt"><B>Aggregate Amount Beneficially Owned by Each Reporting
        Person</B></P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 4.9pt 0 0 4.95pt">544,000</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: 12pt Times New Roman, Times, Serif; padding-top: 4.8pt; padding-left: 5.1pt"><FONT STYLE="font-size: 11pt"><B>10</B></FONT></TD>
    <TD COLSPAN="3" STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid">
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 4.8pt 0 0 4.95pt"><B>Check box if the aggregate amount in row (9) excludes
        certain shares (See Instructions)</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.25pt 0 0">&nbsp;</P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 4.95pt">[ ]</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: 12pt Times New Roman, Times, Serif; padding-top: 4.8pt; padding-left: 5.1pt"><FONT STYLE="font-size: 11pt"><B>11</B></FONT></TD>
    <TD COLSPAN="3" STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid">
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 4.8pt 0 0 4.95pt"><B>Percent of class represented by amount in row
        (9)</B></P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 4.8pt 0 0 4.95pt">5.1%</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: 12pt Times New Roman, Times, Serif; padding-top: 4.8pt; padding-left: 5.1pt"><FONT STYLE="font-size: 11pt"><B>12</B></FONT></TD>
    <TD COLSPAN="3" STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid">
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 4.8pt 0 0 4.95pt"><B>Type of Reporting Person (See Instructions)</B></P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 4.8pt 0 0 4.95pt">EP</P></TD></TR>
<TR>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 13%">&nbsp;</TD>
    <TD STYLE="width: 4%">&nbsp;</TD>
    <TD STYLE="width: 78%">&nbsp;</TD></TR>
</TABLE>

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<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 3.5pt 0 0 5.85pt">Item 1.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0.1pt 0 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 5.85pt; text-indent: 0in"><FONT STYLE="font-size: 11pt"><B>(a)</B></FONT><B><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 11pt">Name of Issuer: </FONT></B>Tucows Inc. (the &quot;Issuer&quot;)</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0.95pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><B>Address of Issuer&rsquo;s Principal Executive Offices: </B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">96 Mowat Avenue</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Toronto, Ontario, Canada M6K 3M1</P>

<P STYLE="font: 10pt Courier New, Courier, Monospace; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 252.05pt 0 5.85pt; text-indent: 0in"><FONT STYLE="font-size: 11pt"><B>(b)</B></FONT><B><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 11pt">Item 2.</FONT></B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 252.05pt 0 5.85pt; text-indent: 0in"><B><FONT STYLE="font-size: 11pt">&nbsp;</FONT></B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0.3pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 5.85pt"></TD><TD STYLE="width: 36.05pt"><FONT STYLE="font-size: 11pt"><B>(a)</B></FONT></TD><TD><FONT STYLE="font-size: 11pt"><B>Name of Person Filing: </B>University of Notre Dame du Lac</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0.95pt 0 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 5.85pt"></TD><TD STYLE="width: 36.05pt"><FONT STYLE="font-size: 11pt"><B>(b)</B></FONT></TD><TD><FONT STYLE="font-size: 11pt"><B>Address of Principal Business Office or, if None, Residence: </B></FONT></TD></TR></TABLE>

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

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 41.9pt">University of Notre Dame du Lac</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 41.9pt">1251 N. Eddy Street, Suite 400</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 41.9pt">South Bend, Indiana 46617</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0.05pt 0 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 5.85pt"></TD><TD STYLE="width: 36.05pt"><FONT STYLE="font-size: 11pt"><B>(c)</B></FONT></TD><TD><FONT STYLE="font-size: 11pt"><B>Citizenship: </B>See Item 4 of Cover Page</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0.95pt 0 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 5.85pt"></TD><TD STYLE="width: 36.05pt"><FONT STYLE="font-size: 11pt"><B>(d)</B></FONT></TD><TD><FONT STYLE="font-size: 11pt"><B>Title and Class of Securities: </B></FONT></TD></TR></TABLE>

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

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 41.9pt">Common Stock</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0.1pt 0 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 5.85pt"></TD><TD STYLE="width: 36.05pt"><FONT STYLE="font-size: 11pt"><B>(e)</B></FONT></TD><TD><FONT STYLE="font-size: 11pt"><B>CUSIP No.: </B>898697206</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0.15pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 21pt 0 59.9pt; text-indent: -54.05pt"><B>Item 3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.1pt 0 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font-size: 10pt; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 5%; padding-top: 0.05in; padding-left: 2pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 11pt">(a)</FONT></TD>
    <TD STYLE="width: 9%; padding-top: 0.05in; padding-left: 11.5pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 11pt">[_]</FONT></TD>
    <TD STYLE="width: 86%; padding-top: 0.05in; padding-right: 2.4pt; padding-left: 2pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 11pt">Broker or dealer registered under Section 15 of the Act;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.4pt 0 0">&nbsp;</P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 2pt">(b)</P></TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.4pt 0 0">&nbsp;</P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 11.5pt">[_]</P></TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.4pt 0 0">&nbsp;</P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 2.4pt 0 2pt">Bank as defined in Section 3(a)(6) of the Act;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.45pt 0 0">&nbsp;</P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 2pt">(c)</P></TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.45pt 0 0">&nbsp;</P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 11.5pt">[_]</P></TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.45pt 0 0">&nbsp;</P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 2.4pt 0 2pt">Insurance company as defined in Section 3(a)(19) of
        the Act;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.4pt 0 0">&nbsp;</P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 2pt">(d)</P></TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.4pt 0 0">&nbsp;</P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 11.5pt">[_]</P></TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.4pt 0 0">&nbsp;</P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 2.4pt 0 2pt">Investment company registered under Section 8 of the
        Investment Company Act of 1940;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.45pt 0 0">&nbsp;</P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 2pt">(e)</P></TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.45pt 0 0">&nbsp;</P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 11.5pt">[_]</P></TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.45pt 0 0">&nbsp;</P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 2.4pt 0 2pt">An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.4pt 0 0">&nbsp;</P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 2pt">(f)</P></TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.4pt 0 0">&nbsp;</P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 11.5pt">[<U>X</U>]</P></TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.4pt 0 0">&nbsp;</P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 2.4pt 0 2pt">An employee benefit plan or endowment fund in accordance
        with Rule 13d-1(b)(1)(ii)(F);</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.4pt 0 0">&nbsp;</P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 2pt">(g)</P></TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.4pt 0 0">&nbsp;</P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 11.5pt">[_]</P></TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.4pt 0 0">&nbsp;</P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 2.4pt 0 2pt">A parent holding company or control person in accordance
        with Rule 13d-1(b)(1)(ii)(G);</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.45pt 0 0">&nbsp;</P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 2pt">(h)</P></TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.45pt 0 0">&nbsp;</P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 11.5pt">[_]</P></TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.15pt 0 0">&nbsp;</P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 18.1pt 0 2pt">A savings associations as defined in Section 3(b) of
        the Federal Deposit Insurance Act (12 U.S.C. 1813);</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.45pt 0 0">&nbsp;</P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 2pt">(i)</P></TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.45pt 0 0">&nbsp;</P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 11.5pt">[_]</P></TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.15pt 0 0">&nbsp;</P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 31.3pt 0 2pt">A church plan that is excluded from the definition
        of an investment company under section 3(c)(14) of the Investment Company Act of 1940;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.4pt 0 0">&nbsp;</P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 2pt">(j)</P></TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.4pt 0 0">&nbsp;</P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 11.5pt">[_]</P></TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.4pt 0 0">&nbsp;</P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 2.4pt 0 2pt">A non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J);</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.45pt 0 0">&nbsp;</P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 2pt">(k)</P></TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.45pt 0 0">&nbsp;</P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 11.5pt">[_]</P></TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.15pt 0 0">&nbsp;</P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 2.4pt 0 2pt">Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
        If filing as a non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution:</P></TD></TR>
</TABLE>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0.05pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0.05in 0 0 5.85pt"><B>Item 4.&nbsp;&nbsp;&nbsp;&nbsp;Ownership</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0.95pt 0 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 8.6pt"></TD><TD STYLE="width: 36.05pt"><FONT STYLE="font-size: 11pt"><B>(a)</B></FONT></TD><TD><FONT STYLE="font-size: 11pt"><B>Amount Beneficially Owned: </B>544,000</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0.05pt 0 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 8.6pt"></TD><TD STYLE="width: 33.3pt"><FONT STYLE="font-size: 11pt"><B>(b)</B></FONT></TD><TD><FONT STYLE="font-size: 11pt"><B>Percent of Class:</B> 5.1%</FONT></TD></TR></TABLE>


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<TD STYLE="width: 8.6pt"></TD><TD STYLE="width: 33.3pt"><FONT STYLE="font-size: 11pt"><B>(c)</B></FONT></TD><TD><FONT STYLE="font-size: 11pt"><B>Number of shares as to which such person has:</B></FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0.95pt 0 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 41.85pt"></TD><TD STYLE="width: 55.6pt"><FONT STYLE="font-size: 11pt"><B>(i)</B></FONT></TD><TD><FONT STYLE="font-size: 11pt"><B>Sole power to vote or to direct the vote: </B>544,000</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0.1pt 0 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 41.85pt"></TD><TD STYLE="width: 55.6pt"><FONT STYLE="font-size: 11pt"><B>(ii)</B></FONT></TD><TD><FONT STYLE="font-size: 11pt"><B>Shared power to vote or to direct the vote: </B>0</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0.95pt 0 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 41.85pt"></TD><TD STYLE="width: 55.6pt"><FONT STYLE="font-size: 11pt"><B>(iii)</B></FONT></TD><TD><FONT STYLE="font-size: 11pt"><B>Sole power to dispose or to direct the disposition of: </B>0</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0.05pt 0 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 41.85pt"></TD><TD STYLE="width: 55.6pt"><FONT STYLE="font-size: 11pt"><B>(iv)</B></FONT></TD><TD><FONT STYLE="font-size: 11pt"><B>Shared power to dispose or to direct the disposition of: </B>544,000</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0.05pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in"><B>Ownership of Five Percent or Less of a Class.</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 5.85pt 0 41.9pt">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 [&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;].</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0.1pt 0 0">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0 0 0 5.85pt">Item 6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ownership of more than Five Percent on
Behalf of Another Person.</P>

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

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">CLS Investments, LLC, has been granted discretionary authority over
the University of Notre Dame du Lac&rsquo;s investment in the common stock of Tucows Inc.</P>

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

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0.3pt 0 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 5.85pt 0 59.9pt; text-indent: -54.05pt"><FONT STYLE="font-size: 11pt"><B>Item
7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Identification and classification of the subsidiary which acquired the security being reported on by the parent holding company
or control person. </B></FONT>Not applicable.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0.8pt 0 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 75pt 0 5.85pt"><FONT STYLE="font-size: 11pt"><B>Item 8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Identification
and classification of members of the group. </B></FONT>Not applicable.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0.8pt 0 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 187.7pt 0 5.85pt"><FONT STYLE="font-size: 11pt"><B>Item 9.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notice
of Dissolution of Group. </B></FONT>Not applicable.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0.8pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0.3pt 0 0 5.85pt"><B>Item 10.&nbsp;&nbsp;&nbsp;&nbsp;Certifications.</B></P>


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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 3.9pt 0 0 5.85pt"><B>SIGNATURE</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0.75pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 10.25pt 0 5.85pt">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 Times New Roman, Times, Serif; margin: 0.9pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 5.85pt">Dated: June 11, 2019</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0.05pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 5.85pt"><I><U>/s/ Signature</U></I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.35pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0.95pt 0 0">Mark C. Krcmaric</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0.95pt 0 0">Managing Director &amp; Chief Operating Officer</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0.95pt 0 0">University of Notre Dame du Lac</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0.95pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 5.75pt 0 5.85pt; text-align: justify">The original statement shall
be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on
behalf of a person by his authorized representative (other than an executive officer or general partner of this filing person),
evidence of the representative's authority to sign on behalf of such person shall be filed with the statement, provided, however,
that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name
and any title of each person who signs the statement shall be typed or printed beneath his signature.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0.3pt 0 0">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0 6.15pt 0 5.85pt; text-align: justify">Attention: Intentional
misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001).</P>

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