Pursuant to a special resolution passed by shareholders July 26, 2016, the company has consolidated its capital on a one-new-for-20-old basis. The name of the company has not been changed.

Effective at the opening on Thursday, Nov. 23, 2017, the common shares of the company will commence trading on the TSX Venture Exchange on a consolidated basis. The company is classified as a mining, oil and oil field manufacturing and technology company.

Postconsolidation

Capitalization:  unlimited shares with no par value, of which 7,792,989 shares are issued and outstanding

Escrow:  nil shares subject to escrow

Transfer agent:  Computershare Trust Company of Canada

Trading symbol:  IES (unchanged)

Cusip No.:  45845R203 (new)