Exhibit 99.1


                                  Bye-law 4(c)
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     4.(c) The Board may be authorised by Resolution from time to time to
determine the ratio of a consolidation within a range specified by such
Resolution of all or any of the Company's common share capital into shares of
larger par value than its existing shares and granted the discretion to
implement such consolidation at any time prior to the Annual Meeting of
Shareholders immediately following the date of such Resolution. In exercising
its power under this provision, the Board shall also have the power set out in
Bye-law 43, in dealing with any difficulty which arises in regard to any
consolidation under this Bye-law 4(c).