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USD ($)

USD ($) / shares

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    &lt;!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --&gt;
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    &lt;div style="margin-top: 12pt; font-size: 1pt"&gt;&amp;#160;
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    &lt;b&gt;&lt;font style="font-family: 'Times New Roman', Times"&gt;4.&amp;#160;&amp;#160;&lt;/font&gt;&lt;/b&gt;
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    &lt;b&gt;&lt;font style="font-family: 'Times New Roman', Times"&gt;SHORT-TERM
    DEPOSITS&lt;/font&gt;&lt;/b&gt;
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    As at December&amp;#160;31, 2010, the Company has $67&amp;#160;million
    of cash invested in short-term deposits with a maturity of one
    year. These deposits are held at one Bank with a long-term
    rating of Aa2/AA-. Interest on this deposit is paid at maturity
    with interest rates fixed at inception for the duration of the
    deposit. The principal will be repaid at final maturity and is
    readily convertible in cash.
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