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Tier 2 is the middle level of the three tier classifications used by CDNX.
Terms of the "shares for debt" transactions are subject to final agreements between ASG and its creditors, and the issuance of the common shares by ASG pursuant to the proposed transactions is subject to compliance with applicable securities laws and acceptance by CDNX.
Pyng"), in an earlier news release stated that he had been advised by his legal counsel that the form of proxy for use at the annual general meeting to be held on February 15, 2002, contained a clerical error with respect to the resolution on the matter of conversion of Pyng's escrow shares from a performance release basis to a time release basis, as now permitted (subject to disinterested shareholder approval) under CDNX policy.