Variation Order - Variation of the Recognition Order of Aequitas Innovations Inc. and Aequitas Neo Exchange Inc.

The Ontario Securities Commission issued an order pursuant to section 144 of the Securities Act (Ontario) on February 27, 2015 varying the current recognition order of Aequitas Innovations Inc. and Aequitas Neo Exchange Inc. (together, the Recognized Exchanges) to enable the Recognized Exchanges to comply with the terms and conditions of the recognition order no later than the date on which trading begins on the Aequitas Neo Exchange Inc. unless otherwise specified in the recognition order.

The Order is published in Chapter 2 of this bulletin.