Item 7.
Major Shareholders and Related Party Transactions |
A. | Major shareholders |
We are not directly or indirectly owned or controlled by another corporation or by any foreign government. Based on filings with the SEC and the Canadian securities regulatory authorities, as at March 15, 2017 , no individual or entity beneficially owned, directly or indirectly, or exercised control or direction over our Common Shares carrying more than 5% of the voting rights attached to all our Common Shares.
United States Shareholders
As at February 28, 2017 , there w ere 11 hold ers of record of our Common Shares, of which two were registered with an address in the United States holding in the aggregate approximat ely 99.77% of o ur outstanding Common Shares. We believe that the number of beneficial owners of our Common Shares is substantially greater than the number of record holders, because the overwhelming majority of our Common Shares are held in broker "street names".
http://secfilings.nasdaq.com/...0INC.&FormType=20-F&View=html