BUILDING QUÉBEC S FIRST DIAMOND MINE

Transcription

1 BUILDING QUÉBEC S FIRST DIAMOND MINE European Gold Forum April 19-20, 2016 Matt Manson President & CEO Orin Baranowsky VP IR & Corporate Development

2 Forward-Looking Information 2 This presentation contains "forward-looking information" within the meaning of Canadian securities legislation. This information and these statements, referred to herein as forward-looking statements, are made as of the date of this presentation and the Corporation does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by law. These forward-looking statements include, among others, statements with respect to our beliefs, plans, objectives, expectations, anticipations, estimates and intentions. Although management considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect. Forward-looking statements relate to future events or future performance and reflect current expectations or beliefs regarding future events and include, but are not limited to, statements with respect to: (i) the amount of Mineral Reserves, Mineral Resources and exploration targets; (ii) the amount of future production over any period; (iii) assumptions relating to recovered grade, average ore recovery, internal dilution, mining dilution and other mining parameters set out in the March 2016 Updated Renard Mine Plan and Mineral Reserve Estimate ; (iv) assumptions relating to gross revenues, operating cash flow and other revenue metrics set out in the 2016 Updated Renard Mine Plan and Mineral Reserve Estimate; (v) mine expansion potential and expected mine life; (vi) the expected time frames for the completion of construction, start of mining and commercial production at the Renard Diamond Project and the financial obligations or costs incurred by Stornoway in connection with such mine development; (vii) the expected time frames for the completion of the open pit and underground mine at the Renard Diamond Project; (viii) future market prices for rough diamonds; and (ix) future market prices for liquefied natural gas and diesel. All statements, other than statements of historical fact regarding Stornoway or the Renard Diamond Project, are forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as expects, anticipates, plans, projects, estimates, assumes, intends, strategy, goals, objectives, schedule or variations thereof or stating that certain actions, events or results may, could, would, might or will be taken, occur or be achieved, or the negative of any of these terms and similar expressions) are not statements of historical fact and may be forward-looking statements. Forward-looking statements are made based upon certain assumptions by Stornoway or its consultants and other important factors that, if untrue, could cause the actual results, performances or achievements of Stornoway to be materially different from future results, performances or achievements expressed or implied by such statements. Such statements and information are based on numerous assumptions regarding present and future business prospects and strategies and the environment in which Stornoway will operate in the future, including the price of diamonds, anticipated costs and Stornoway s ability to achieve its goals, regulatory developments, development plans, exploration, development and mining activities and commitments. Although management considers its assumptions on such matters to be reasonable based on information currently available to it, they may prove to be incorrect. Certain important assumptions by Stornoway or its consultants in making forward-looking statements include, but are not limited to: (i) required capital investment; (ii) the amount of future production over any period; (iii) assumptions relating to recovered grade, average ore recovery, internal dilution, mining dilution and other mining parameters set out in the March 2016 Updated Renard Mine Plan and Mineral Reserve Estimate ; (iv) assumptions relating to gross revenues, operating cash flow and other revenue metrics set out in the 2016 Updated Renard Mine Plan and Mineral Reserve Estimate ; (v) estimates of net present value; (vi) anticipated timelines for completion of construction, commencement of mine production and development of an open pit and underground mine at the Renard Diamond Project, (vii) anticipated geological formations; (viii) Stornoway s interpretation of the geological drill data collected and its potential impact on stated Mineral Resources, Mineral Reserves, and mine life; and (ix) Stornoway s ability to draw on the financing elements of the Renard Diamond Project Financing Transactions closed on July 8th, By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that estimates, forecasts, projections and other forwardlooking statements will not be achieved or that assumptions do not reflect future experience. We caution readers not to place undue reliance on these forward- looking statements as a number of important risk factors could cause the actual outcomes to differ materially from the beliefs, plans, objectives, expectations, anticipations, estimates, assumptions and intentions expressed in such forward-looking statements. These risk factors may be generally stated as the risk that the assumptions and estimates expressed above do not occur, including the assumption in many forward-looking statements that other forward-looking statements will be correct, but specifically include, without limitation: (i) risks relating to variations in the grade, kimberlite lithologies and country rock content within the material identified as Mineral Resources from that predicted; (ii) variations in rates of recovery and breakage; (iii) changes in development or mining plans due to changes in other factors or exploration results; (iv) slower increases in diamond valuations than assumed; (v) risks relating to fluctuations in the Canadian dollar and other currencies relative to the US dollar; (vi) increases in the costs of proposed capital and operating expenditures; (vii) increases in financing costs or adverse changes to the terms of available financing, if any; (viii) tax rates or royalties being greater than assumed; (ix) risks relating to the receipt of regulatory approvals; and (x) the additional risks described in Stornoway's most recently filed Annual Information Form, annual and interim MD&A and Stornoway's anticipation of and success in managing the foregoing risks. Stornoway cautions that the foregoing list of factors that may affect future results is not exhaustive, and new, unforeseeable risks may arise from time to time.

3 Forward-Looking Information (continued) 3 Readers are referred to the technical report dated as of March 30, 2016 entitled Updated Renard Diamond Project Mine Plan and Mineral Reserve Estimate, Québec, Canada in respect of the March 2016 Updated Mine Plan and Mineral Reserve Estimate, and the technical report dated January 11, 2016 and press release dated September 24, 2015 in respect of the September 2015 Mineral Resource estimate for further details and assumptions relating to the project. The Qualified Persons that prepared the technical reports and press releases that form the basis for the presentation are listed in the Company s AIF dated March 30, Disclosure of a scientific or technical nature in this presentation was prepared under the supervision of Patrick Godin, P.Eng. (Québec), Chief Operating Officer and Robin Hopkins, P.Geol. (NT/NU), Vice President, Exploration, both qualified persons under NI Darrell Farrow, PrSciNat, P.Geo.(BC), Ordre des geologues du Quebec (Special Authorisation # 332) of GeoStrat Consulting Services Inc. is the independent Qualified Person responsible for preparation of the mineral resource estimate for the Renard Diamond Project. GeoStrat Consulting Services Inc, a mineral resources consultancy, focuses on client interaction and involvement in developing resource models, and has experience in exploration, geological modeling, resource evaluation, production, resource reconciliation and accounting of diamond deposits around the globe. GeoStrat has verified the results disclosed herein with respect to the mineral resources, and has conducted appropriate verification on the underlying data, including visitations to the Renard site and the primary process laboratories. The Renard Diamond Project, April 15, 2016

4 Stornoway Diamond Corporation TSX:SWY 4 100% Ownership in Renard, Québec s First Diamond Mine Road Accessible; Strong Social License; Fully Financed; Fully Permitted; Under Construction Construction Progress Tracking 5 months Ahead of Schedule; Reduced Forecast Cost to Complete Construction 74.1% complete by end February Strong Balance Sheet Forecasting excess financing capacity to complete the project of approximately C$117 million as of Dec, COF undrawn. The Renard Diamond Project, Appril 15, 2016

5 Mine Plan 5

6 Renard Kimberlite Bodies 6 N Kilometers Kilometers Laforge 2 R10 R7 LG2 LG3 Laforge 1 LG4 Brisay Hibou R4 R1 R65 R8 Eleonore Wemindji Western Troy Foxtrot Property Renard Eastmain Mine Strateco R9 R2 R3 Troilus Mine Temiscamie Lynx Matagami Mistissini Chibougamau Kimberlite Bodies with Measured and Indicated Resources LEGEND: Legend Kimberlite Bodies with Inferred Resources Kimberlite Bodies with Resource Potential Stornoway Properties Hydro-Québec Facility Renard Kimberlites Kimberlitic Dyke Regional Kimberlites Hydro-Québec Powerlines Route 167 Extension/ Renard Mine Road Road Exploration/ Mining Projects

7 The Renard Diamond Project Key Metrics 7 Reserve Based Mine Plan, March 30, 2016 Reserve Carats (M) 22.3 Processing Rate (Mtonnes/annum) 2.2 to 2.5 Mine Life (years) 14 Average Diamond Production Years 1-10 (Mcarats) 1.8 Average Diamond Price (US$/carat) 1 $155 Initial Cap-ex (C$M) 2 $775 LOM Cap-ex (C$M) 2 $1,045 LOM Op-ex (C$/tonne) 3 $56.20 LOM Op-ex (C$/carat) 3 $84.37 Gross Revenue (C$M) 4 $5,565 Net Revenue (C$M) 5 $4,555 Cash Operating Margin (C$M) 5,6 $2,677 or 59% NPV 7% (C$M, unlevered, effective Jan.1, 2016) 5,6 $974 Plant Commissioning Commences Oct Commercial Production Declared Dec Notes 1. Estimated average price per carat of the Mineral Reserve in Renards 2, 3, 4 & 65 expressed in March 2016 terms. 2. Expressed in nominal terms, and excluding Renard Mine Road capital of $69.4 million. Initial Capital Cost in the January 2013 Optimization Study was estimated at $793 million based on $752 million of cost and contingency plus $41 million escalation allowance. In April 2014, prior to the commencement of construction, Initial Capital was estimated at $811 million based on $754 million of cost and contingency plus $57 million of escalation. The estimate of $775 million of Initial Capital in the March 2016 Updated Mine Plan includes all costs, contingencies and escalation allowances and represents a reduction of $36 million on the April 2014 estimate. 3. Expressed in real terms. 4. Expressed in real terms. Assumes a 2.5% escalation in diamond prices between 2016 and 2017 and a US$ exchange rate of C$ Net of all royalties, costs incurred under the Mecheshoo Agreement (IBA) and the effective revenue impairment associated with the Renard diamond streaming agreement. For further information see the Stornoway AIF dated March 30, After tax. Renard 4 Renard 65 Renard 9 Mineral Resource Estimate Effective September 24, 2015 (NI ) 30 mcarat Indicated Mineral Resource 13 mcarat Inferred Mineral Resource mcarat TFFE Renard 2 Renard 3 Reserve and Resource categories are compliant with the "CIM Definition Standards on Mineral Resources and Reserves". Mineral resources that are not mineral reserves do not have demonstrated economic viability. The potential quantity and grade of any Exploration Target (previously referred to as a Potential Mineral Deposit ) is conceptual in nature, and it is uncertain if further exploration will result in the target being delineated as a mineral resource.

8 The Renard Diamond Project Highlights of the March 30, 2016 Updated Mine Plan 8 Increased Reserves; Longer Mine Life 24% increase in Probable Mineral Reserves to 22.3 Mcarats (33.4 Mt at 67 cpht); Increase in Mineral Reserve based mine life to 14 years Construction Ahead of Schedule and Below budget Forecast cost to complete C$775m compared to C$811m. First ore delivery to plant by September 30, 2016; commercial production by December 31, 2016, 5 months ahead of original schedule. Increased Average Diamond Production; Increased Early Diamond Production Average diamond production in Years 1 to Mcarats/a compared to 1.6 Mcarats/a previously Guidance of 1.9 Mcarats produced and 1.4 Mcarats sold by end 2017, increases of 24% and 57% resp. Processing Expansion Scheduled increase in processing rate from 2.2 Mt/a (6,000 tpd) to 2.5 Mt/a (7,000 tpd) starting in Updated Op-ex Estimate based on First Year s Operating Data LOM average operating costs of $56.20/tonne, or $84.37/carat. Updated Project Valuation, After-Stream, Spot Diamond Price, Spot F/X Real terms cash operating margin of 59% ($120 per carat), after royalties, taxes and stream. Unlevered, stream affected, after tax NPV (7%) of $974 million (real terms, as of January 1st 2016)

9 The Renard Diamond Project A Large, High Value Diamond Resource with a Very Long Mine Life Potential 0m 100m Renard 65 29/24cpht Renard 3 102/112cpht Millions of Tonnes 180 TFFE High Range TFFE Low Range 9 200m 300m Inferred Mineral Resource Indicated Mineral Resource 400m 500m 600m The Vision: Deposit still Open 700m m 900m 1000m Renard 4 61/52cpht Renard 9 53cpht Permitting and 2013 Long Term Plan 1100m 1200m Mineral Resource Estimate Effective September 24, 2015 (NI ) Renard 2 84/59cpht 30 mcarat Indicated Mineral Resource 13 mcarat Inferred Mineral Resource mcarat TFFE 20 0 Mine Plan: 14 years of mining on 22mcarat Mineral Reserve (33mtonnes) Grades illustrated are for Indicated and Inferred Mineral Resources respectively at a +1DTC sieve size cut-off. Reserve and Resource categories are compliant with the "CIM Definition Standards on Mineral Resources and Reserves". Mineral resources that are not mineral reserves do not have demonstrated economic viability. The potential quantity and grade of any Exploration Target (previously referred to as a Potential Mineral Deposit ) is conceptual in nature, and it is uncertain if further exploration will result in the target being delineated as a mineral resource.

10 March 2016 Updated Mine Plan Based on Mineral Reserves 10 Combined open pit and underground mining Open pit mining R2-R to 2018, processing from 2016 Open pit mining R to 2029, processing from 2018 Four production levels in R2 underground mine, one in R4 and one in R3. Underground mining R to 2027 (steps 1-4) using blasthole shrink stoppage with panel retreat. Underground mining R3 and R (steps 5 and 6) using longhole stoping and blasthole stoppage respectively.

11 Mine Production Profile Mineral Reserve Case. Not Including Inferred Mineral Resources or Non-Resource Upside 11 3,500,000 3,000,000 2,500,000 2,000,000 1,500,000 1,000, ,000 - Tonnes UG R3 UG R4 UG R2 OP R65 OP R2/R3 2,500,000 Carats 2,000,000 1,500,000 1,000, , R65 R4 R3 CRB CRB2A R2

12 Mine Production Profile Mineral Reserve Case. Not Including Inferred Mineral Resources or Non-Resource Upside 12 2,500 Carat Sales (000s) 2,000 1,500 1, Renard 65 Renard 4 Renard 3 Renard 2 0 $ Gross Revenue (C$ millions) $600 $500 $400 $300 $200 Renard 65 Renard 4 Renard 3 Renard 2 $100 $ Notes: Gross Revenue expressed in real terms.

13 LOM Revenue Waterfall From January 2013 Optimization Study to March 2016 Updated Mine Plan 13 $5,000 $4,500 $4,000 $3,500 $3,000 $2,500 $2,000 $1,500 $1,000 $500 $0 $4,069 OS Jan 2013 $800 $773 Stream Impact Spot Diamond Pricing Net Revenue (C$ millions) $260 $574 $1,225 $4,555 Addition of R65 Addition of R2 Exchange Rate Updated Mine to 710m Depth Plan Mar 2016 Notes: Revenue is net of royalties, marketing costs, and (for the March 2016 Updated Mine Plan) the July 2014 Renard Streaming Agreement

14 14 Diamond Price Assumptions Body March 2014 Diamond Price Model 1 (US$/carat) Estimated Market Price Adjustment March 2014 to March 2016 Adjusted Price Estimates March 2016: Spot Price Models 2 (US$/carat) Renard 2 $197 (High $222, Min $178) $160 (High $181, Min $145) Renard 3 Renard 4 $157 (High $192, Min $146) $106 ($155) 3 (High $174, Min $100) -19% $128 (High $156, Min $119) $86 ($126) 3 (High $141, Min $81) Renard 65 $187 (High $190, Min $160) $152 (High $155, Min $130) Notes 1. As determined WWW International Diamond Consultants Ltd. at a +1 DTC sieve size cut off. 2. As determined by applying the world average rough price index of roughrices.com to the March 2014 price models, at a +1 DTC sieve size cut-off. 3. Should the Renard 4 diamond population prove to have a size distribution equal to the average of Renard 2 and 3, WWW have estimated that a base case diamond price model of US$155 per carat would apply based on March 2014 pricing, equivalent to US$126 per carat on a market price adjusted basis to March Average life-of-mine pricing is US$185/ct or C$250/ct, or US$159/ct or C$214/ct after stream. The Financial Analysis assumes a 2.5% real terms diamond price escalation between 2016 and 2028 The Renard Streaming Agreement includes a payment of US$56 per carat on 20% of ROM production from Renards 2,3,4,9 and 65, Life-of-mine, escalating at 1% per annum after the 3 rd anniversary of production, inclusive of marketing costs. The weighted average price of the March 2016 Probable Mineral Reserve is US$155/ct, or C$209/ct, in March 2016 terms

15 Financial Analysis 15 $200 $150 $100 $50 $0 ($50) Net Free Cash Net Flow, Free After-Tax, Cash Flow After-Stream (C$ millions) (C$ millions) $1,800 $1,600 $1,400 $1,200 $1,000 $800 $600 $400 $200 $0 ($200) Net FCF Cumulative Net FCF After-Tax, After-Stream NAV 7% C$974 million (Jan 1, 2016, unlevered) Notes: Expressed in real terms. Payables and cash as of December 31, 2015 are included in 2016 Net FCF

16 Renard Construction Progress 16

17 Site Progress Site Overview April 15, R65 Pit Crusher R2-R3 Pit Power Plant Process Plant UG Mine Portal Maintenance Shop Admin R65 R2-R3 Accommodation

18 Access Infrastructure In Place The 240km long Route 167 Extension and the Clarence and Abel Swallow Airport 18 Eastmain River Bridge March 2015 July 2014 September 2015 November 2015 Airport Naming Ceremony, March 2015

19 Site Progress Major Facilities 19 Maintenance Facility Inauguration, September 24, 2015 LNG Power Plant LNG Power Plant Jan 6, 2016 Maintenance Facility

20 Diamond Processing Plant Represents Single Largest Cap-ex Item and Critical Path for Overall Construction 20 Nameplate capacity of 6,000 tpd (2.16 Mt/a) based on 78% plant utilization. Expansion to 7000 tpd (2.52 MT/a) is scheduled for 2018 based on 83.5% utilization and +2% throughput. Flow sheet: Primary jaw crushing to < 230mm Twin DMS circuits at +1mm - 19mm LDR circuit at +19mm -45mm, scalable to -60mm Oversize +45mm to secondary cone crusher LDR and DMS tails +6mm -19mm to tertiary High Pressure Grinding Rolls Thickening and centrifugal treatment of fines and tails to create a truckable product for dry-stack disposal.

21 Potential Large Diamond Recovery at Renard 21 The Renard Diamond Process Plant will be the first plant in the world to have LDR capacity in the primary flow sheet. Large Diamond Recovery ( LDR ) through TOMRA XRT. Process plant rotary scrubber installation February 9 th, 2016 Base Case Diamond Valuation Estimates Using on Best Practice Methodology Average diamond price estimate in March 2016 for the Mineral Reserves at US$155/ct (un-escalated). High Quality Production with Large Stone Potential Distribution in Renard 2 predicts three to six ct stones and one to two +100ct stones every 100,000 carats. Substantial revenue potential from large diamonds not accounted for in the base case cash-flow model. TOMRA XRT installed, April 14, 2016 Three Renard 65 diamonds: 9.78ct and 6.41ct diamonds recovered from bulk sampling and a 4 carat stone discovered in drillcore in 2003 Process plant interior April 6, 2016

22 Open Pit Mining Renard 2 Renard 3 Pit Pre-stripping Commenced March R65 Portal R2-R3 Mining Progress as of December ,975,813 tonnes extracted from R2/R3 and R65 pits vs plan of 5,725,429 (104%) 151,591 tonnes of ore (151% of plan) R2-R3 Pit October 30, 2015

23 Underground Mining 23 R65 Portal R2-R3 Decline Progress as of Dec 31, m against plan of 1,234m (72%) Jumbo in Decline, May 25, 2015

24 Project Schedule Construction Mobilization July 10 th 2014; Commercial Production Forecast Dec 31 st Feasibility Study (Complete) ESIA (Complete) Public Hearings (Complete) Reg. Authorizations (Complete) Specific Operating Permits (50) Road Construction (Complete) 2H 1H 2H 1H 2H 1H 2H 1H 2H First Vehicle Access Apr H 2H Completion Status Construction (to Feb 29): 74.1% (planned 72.4%) Engineering (to Feb 29): 100% (planned 100%) Project Financing (Complete) Detailed Engineering Site Construction Commissioning and Ramp-up Commercial Production Revised Renard Construction Schedule has Plant Commissioning Planned for September 30, 2016 and Commercial Production by December 31, 2016.

25 Corporate Data 25

26 Publicly Listed Diamond Producers, Developers and Explorers Consensus Analyst Views on Value 26 Diamond Producers Ticker Price (15/4/16) Shares O/S (mm) Market Cap ($mm) NAV/sh (1) Current P/NAV (1) Target (1) % Return to Target Annual Dividend ALROSA ALRS:M , ,227 (n/a) (n/a) % 1.47/sh Dominion Diamonds DDC:T $ $1,184.2 $ x $ % US$0.40/sh Gem GEMD:LN x % US$0.05/sh Lucara LUC:T $ $1,188.2 $ x $3.09 1% $0.06/sh Petra PDL:LN x % 0.02/sh Diamond Developers Firestone FDI:LN x % (n/a) Mountain Province MPV:T $ $854.3 $ x $ % (n/a) Stornoway SWY:T $ $749.3 $ x $ % (n/a) Diamond Explorers Kennady Diamonds KDI:V $ $166.5 (n/a) (n/a) (n/a) (n/a) (n/a) North Arrow Minerals NAR:V $ $12.1 (n/a) (n/a) (n/a) (n/a) (n/a) Peregrine Diamonds PGD:T $ $57.6 (n/a) (n/a) (n/a) (n/a) (n/a) Shore Gold SGF:T $ $62.2 (n/a) (n/a) (n/a) (n/a) (n/a) Notes: 1. Bloomberg and Thomson One Analyst Consensus All Currencies in C$ unless specified

27 Balance Sheet and Capital Structure 27 Balance Sheet Share Price (TSX-SWY): April 15, 2016 C$ $ week High-Low C$ $0.63 $1.08 Average Daily Volume: Last 12 Months 395,245 Shareholding Basic Diluted Investissement Québec 28.6% 22.5% Orion Mine Finance 19.5% 17.5% CDPQ 6.1% 6.2% Float 45.8% 53.8% Market Capitalization: C$ 749 million Total Shares Outstanding: Total Options & Warrants Outstanding: (29.0m Options $0.51-$2.50; 121.2m warrants $0.90-$1.21) Consolidated Cash 1 : (as of December 31, 2015) Consolidated Debt 1 : (as of December 31, 2015) Undrawn Financing Commitments 2 : (Subject to Financing Agreement CPs) 735 million 150 million C$ 209 million C$ 228 million C$ 213 million Notes 1. Audited 2. Assuming a C$:US$ conversion rate of C$1.10. Does not include $48 million in Cost Overrun Facilities

28 Sources and Uses of Funds to December 31, 2015 On Current C$:US$ Exchange Rates, Unless Noted. Unaudited 28 Costs (all amounts in millions of C$) Renard Diamond Project Revised Actual use of Proceeds to Dec 31, 2015 Capital Expenditures Route 167 Extension (1) Financing Costs, Interest during Construction, Loan Repayments Mine Closure Guarantee 4 3 Mine Tax Duty Refunds (11) - Total Project Costs General Corporate Purposes Equity fees and transaction costs General working capital, administrative and salary expenses 14 7 Total Uses Undrawn Sources of Funds (all amounts in millions of C$) Sources of Funds Stream Deposits not yet received (2) 122 Senior Loan Facility, Tranche A 100 Cost Overrun Facility (3) 48 Equipment Financing Facility (2) 19 As of December 31, 2015, Stornoway forecasts excess financing capacity available to complete the project of approximately $117 million comprised of $69 million of cash, receivables and expected mine tax credits and $48 million of undrawn cost overrun facilities (4). Notes 1. The total amount borrowed pursuant to the Renard Mine Road loan was $77 million, of which $70 million was used for construction of the Renard Mine Road and $7 million was used for civil works related to the airstrip. Costs related to the airstrip were included in the $775 million capital expenditures line in the table above. 2. Assuming a C$:US$ conversion rate of C$ Cost Overrun Facility includes the $20 million Senior Loan Facility, Tranche B and the $28 million Cost Overrun Facility with the CDPQ 4. This forecast assumes a project cost of $775 million (which includes assumed levels of escalation and contingencies), the satisfaction of all covenants and conditions precedent for future funding, and a CAD$:US$ exchange rate of $1.35 for unfunded US dollar denominated financing commitments. As construction of the Renard Diamond Project progresses, this forecast is expected to change quarter to quarter based on the timing of expenditures and receipts, volatility in the CAD$:US$ exchange rate, and any change to the forecast cost of the project..

29 Stornoway Diamond Corporation TSX:SWY 29 Head Office: 1111 Rue St. Charles Ouest, Longueuil, Québec J4K 4G4 Tel: +1 (450) IR Contact: Orin Baranowsky, CFA, VP IR and Corp Dev Tel: +1 (416) x