Philip Toone on Questions Passed as Orders for Returns

With regard to Exploration License No. 1105 (as amended on November 23, 2011) of Corridor Resources Inc., issued by the Canada-Newfoundland and Labrador Offshore Petroleum Board: (a) what are the reasons for the two-year extension of Period 1 from five years to seven years (Fundamental Decision 2011.05); (b) what is the total amount of license rental fees that Corridor Resources would have paid during Period 2 before the November 23, 2011, amendment; (c) what is the total amount that Corridor Resources will pay in license rental fees after the amendment; (d) what are the reasons for amending License No. 1105 so that no deposit was required to extend Period 1; (e) has Corridor Resources ever posted a $1 million deposit under License No. 1105; and (f) has Corridor Resources posted deposits for any amount under License No. 1105, either before or after it was amended?