Encompass Capital Advisors LLC sold IBATF

Footnotes

This Form 4 is filed jointly by Encompass Capital Advisors LLC ("ECA"), Todd Kantor ("Mr. Kantor"), Encompass Capital Partners LLC ("ECP") and Encompass Capital Master Fund LP ("ECM" and, together with ECA, ECP and Mr. Kantor, collectively, the "Reporting Persons"). Each of the Reporting Persons is a member of a Section 13(d) group. Each of the Reporting Persons disclaims beneficial ownership of the securities of the Issuer owned directly by other members of the Section 13(d) group and this report shall not be deemed an admission that the Reporting Persons are the beneficial owners of such securities for purposes of Section 16 or for any other purpose. Further, each of the Reporting Persons disclaims beneficial ownership of the Common Shares reported herein except to the extent of its pecuniary interest therein.; This transaction was conducted in Canadian Dollars. The per share sale price of $0.09 Canadian Dollars was converted into U.S. Dollars at the conversion rate of CAD$1.00 to USD$0.7031.; Represents Common Shares held by ECM and by certain funds and managed accounts managed or sub-advised by ECA. By virtue of its position as a general partner of certain investment partnerships managed by ECA, ECP may be deemed to have beneficial ownership of the securities identified above. By virtue of Mr. Kantor's position of Managing Member of ECA and ECP, Mr. Kantor may be deemed to have beneficial ownership of the securities identified above.