Certificate of Completion

Simcoe County

Oro township,

Oro township,

9th Hole Golf Course Construction

Date substantially performed:

2001-09-15

Date certificate signed:

2001-12-04

Name of Owner

Horseshoe Highlands Golf Course

Address of Owner

P.O. Box 10 R.R. 1, Barrie, ON L4M 4Y8

Name of Contractor

Bruce S. Evans Limited

Address of Contractor

PO Box 10039 50 Keith Road, Bracebridge, ONtario P1L 1W6

Name of Certifier

Shawn P. Watters

Address of Certifier

96 Water St. E. Elora, ON N0B 1S0

Same as above