National Instrument 24-101 - Trade Matching and Settlement Statement
The Canadian Securities Administration ("CSA") implemented National Instrument
24-101 as a rule (the "Rule"). The Rule requires that all parties to a Delivery
versus Payment or Receive versus Payment transaction have policies and procedures
in place to achieve matching on the trade date after the date that such trade
is executed. It also requires that all parties have established, maintained
and enforced policies and procedures designed to achieve trade matching in accordance
with NI 24-101.
This Trade-Matching Statement is being provided in accordance with National
Instrument 24-101-"Institutional Trade Matching and Settlement" and Companion
Policy 24-101CP (the "National Instrument"). Imperial Capital, LLC confirms
that we have established, maintain, and enforce policies and procedures designed
to achieve matching in accordance with the National Instrument.