Martin Gagel

Canaccord Adams is an independent financial services firm and broker/dealer headquartered in Vancouver, British Columbia with additional offices in Calgary, Montreal, Toronto and Halifax. The firm's analysts search worldwide for emerging and small- to mid-cap growth opportunities, identifying value and exposing risk. The research team analyzes seven sectors, clarifying current events and anticipating market trends in high-quality daily, weekly and monthly research products. Canaccord Adams focuses on the following sectors: metals and mining, energy, technology, life sciences, real estate and gaming, consumer and industrial growth. The firm is a subsidiary of Canaccord Financial, Inc.

Part of Red Light Holland Corp., IPO Capital Corp. is a private equity firm. The company is based in Toronto, Canada.

Hill River Capital, Inc. (Hill River Capital) is a private equity subsidiary of Raymond James Financial, Inc. founded in 1997. The firm is headquartered in St. Petersburg, Florida.