Whipplei Capital Management Inc. c. Shafter-Gold 2016 QCCA 563 COURT OF APPEAL CANADA PROVINCE OF QUEBEC REGISTRY OF MONTREAL No: 500-09-025973-165 (500-11-043885-132) MINUTES OF THE HEARING DATE : April 1st, 2016 THE HONOURABLE martin vauclair , J.A. PETITIONERS ATTORNEY WHIPPLEI CAPITAL MANAGEMENT INC. RICHARD SHAFTER 4390890 CANADA INC. Mtre DAVID STOLOW (Kugler, Kandestin s.e.n.c.r.l., L.L.P.) (Absent) RESPONDENT ATTORNEY LORRAINE SHAFTER-GOLD Mtre DOUGLAS MITCHELL (Irving Mitchell Kalichman SENCRL/LLP) IMPLEADED PARTIES ATTORNEY

SHELDON SHAFTER MICHAEL SHAFTER 3412474 CANADA INC. 153416 CANADA INC. LES INVESTISSEMENTS CHARLESBANK INC. SHAFTER BROS. INC. 144487 CANADA INC. SHAFTER EQUITIES Mtre BARRY LANDY (Spiegel, Sohmer, inc.) (Absent) Mtre IRWIN LIEBMAN ( Liebman Légal Inc.) (Absent) DESCRIPTION : Application for leave to appeal from a judgment rendered on March 7, 2016 by the honourable Brian Riordan of the Superior Court, district of Montréal. (Article 31 C.c.p. ) Clerk : Mihary Andrianaivo Courtroom : RC-18 HEARING 14:14 Continuation of the hearing of March 31, 2016. Mtre Stolow is absent.

Discussion between the Judge and Mtre Mitchell. 14:15 BY THE JUDGE: Judgment – See page 4. 14:16 End of the hearing. Mihary Andrianaivo Clerk

BY THE JUDGE JUDGMENT [ 1 ] Yesterday, I granted leave to appeal. The Respondent requested an adjournment to seek instructions. [ 2 ] Respondent filed today a Partial Discontinuance of a Judicial Application against the Appellants, whom in turn confirmed that they will not be pursuing the Appeal. [ 3 ] Thus, the Appeal is declared discontinued, without legal costs. martin vauclair , J.A.