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Arrangement Agreement
9 Months Ended
Dec. 31, 2013
Arrangement Agreement [Abstract]  
Arrangement Agreement

9. Arrangement Agreement

On December 17, 2013, the Company entered into an Arrangement Agreement (the “Arrangement Agreement”) whereby the Company has agreed to sell all of its issued and outstanding Common Shares to an indirect wholly-owned subsidiary of Prospect Capital Corporation (“Prospect”) pursuant to a plan of arrangement (the “Arrangement”) under the Business Corporations Act (British Columbia).