Helio (TSX-V:HRC) January 2014 Presentation

!!

!"#$%&'%()*+(,'%-%*".+/(,'%)0,&1)%%

)%2)+/3)4%+"%2,"$.1+&"'%

1",2",)+(%2,(*('+)+&"'%%5)'.),4%6789%

:::;<=>?@A=B@CAD=;D@E%

"#$%&'#()*!

+,-./0123!

415,! 627,78+9:;8! <9=! 3;8+958! >;[email protected];;B58C! ,+9+7<78+,! ?1531! 58/;A/7! B8;?8! 98@! D8B8;?8!25,B,E! D8372+958:7,! 98@! ;+172! >93+;2,! ?1531! <9=! 39D,7! +17! 93+D9A! 27,DA+,E! 672>;2<9837E! ;2!93157/7<78+,!;>!F7A5;!*7,;D237!%;26G! HIF7A5;JK!+;!L7!<9+7259AA=!@5M7278+!>2;<!98=!>D+D27!27,DA+,E!672>;2<9837!;2!93157/7<78+,!7-627,,7@!;2!5<6A57@!L=!,D31!>;[email protected];;B58C!,+9+7<78+,G!!!N;2?92@! A;;B58C! ,+9+7<78+,! <9=! 583AD@7! ,+9+7<78+,! 27C92@58C! 7-6A;29:;8! 27,DA+,! 98@! LD@C7+,E!27,;D237! 7,:<9+7,E! ?;2B! 62;C29<<7,E! ,+29+7C53! 6A98,E! <92B7+! 62537! ;>! 62735;D,! 98@! O! ;2! L9,7!<7+9A,!;2!;+172!,+9+7<78+,!+19+!927!8;+!,+9+7<78+,!;>!>93+G!!!'A+1;DC1! F7A5;! L7A57/7,! +17! 7-673+9:;8,! 27P73+7@! 58! ,D31! >;[email protected];;B58C! ,+9+7<78+,! 927!279,;89LA7E!5+!398!C5/7!8;!9,,D29837!+19+!,D31!7-673+9:;8,!?5AA!62;/7!+;!19/7!L778!3;2273+G!Q925;D,!>93+;2,!+19+!<9=!9M73+!>D+D27!27,DA+,!583AD@7E!LD+!927!8;+!A5<5+7@!+;0!PD3+D9:;8,!58!<92B7+!62537,!;>!<7+9A,E! >;275C8! 3D22783=! 7-3198C7! PD3+D9:;8,E! 25,B,! 27A9:8C! +;! 7-6A;29:;8E! 583AD@58C! 27,;D237!7,:<9:;8!98@!3;,+,!98@!:<58C!;>!3;<<72359A!62;@D3:;8E!27RD527<78+,! >;2!9@@5:;89A!S898358CE!6;A5:39A! 98@! 27CDA9+;2=! 25,B,E! 98@! ;+172! 25,B,! @7,325L7@! 58! F7A5;T,! (989C7<78+! "5,3D,,5;8,! 98@!'89A=,7,!9,!SA7@!;8!$)"'*G!'33;2@58CA=E!D8@D7!27A59837!,1;DA@!8;+!L7!6A937@!;8! >;[email protected];;B58C!,+9+7<78+,G!'AA! +7318539A! 58>;2<9:;8!3;8+9587@!?5+158! +15,!627,78+9:;8!19,!L778! 27/57?7@!98@!9662;/7@! >;2!@5,3A;,D27!L=!(2G!%G!(93U78V57E!(G$3GE!%GW7;AE!F7A5;T,!%XX!98@!YD9A5S7@!Z72,;8!9,!@7,5C89+7@!L=![#!\].^_^G!

*79@72,! 927! >D2+172! 27>7227@! +;! +17!*7,;D237!98@!Z)'! 276;2+,!;8! +17! 3;<698=T,!?7L,5+7!98@!;8!$)"'*!>;2!<;27!@7+95A7@!58>;2<9:;8!;8!+17!27,;D237!98@!Z)'G!

`!

Q#$#X[!a!$4*'4)Wb!

:::;<=>?@A=B@CAD=;D@E%%%

+,-./0123!

%

F?B?@GH%

F7A5;!*7,;D237!%;26G!95<,!+;!@7A5/72!/9AD7!+;!5+,!,19271;A@72,!L=!@5,3;/7258C!98@!L258C58C!+;!62;@D3:;8!15C1.C29@7E!15C1.6;+78:9A!C;A@!62;c73+,!58!)9,+728!98@!$;D+1728!'>2539G!!!*IAJI=KLH%!*965@A=!9@/9837!+17!498V98598!$(Z!W;A@!Z2;c73+!+;!62;@D3:;8!?15A7!?;2B58C!+;!7-698@!+17!15C1.C29@7!27,;D237!6;+78:9AG!!$77B!9!c;58+!/78+D27!692+872!+;!9@/9837!+17!"WZ!W;A@!Z2;c73+!58![9<5L59G!

]!

dX'*"!XN!"#*)%4X*$!'["!Xe[)*$F#Z!

:::;<=>?@A=B@CAD=;D@E%%%

+,-./0123!\!

"G!W278/5AA7!41;<9,E!%1952<98! N;D8@72E!'L72!*7,;D237,!%1952<98E!$+2;8CL;?!)-6A;29:;8!#83G!

$+76178!4G!&791=E!"5273+;2! N;2<72!%1952<98!98@!%)X![;2+1!'<725398!4D8C,+78!

*53192@!e5AA59<,E!"5273+;2! %)X!a!3;.N;D8@72!.!F7A5;!*7,;D237!%;26G!%125,!(93U78V57E!"5273+;2! %XX!a!3;.N;D8@72!.!F7A5;!*7,;D237!%;26G!

d29@>;2@!'G!(5AA,E!"5273+;2!(989C58C!"5273+;2!;>!ZA58598!%965+9A!%)X!98@!"5273+;2!;>!(98@9A9=!*7,;D237,!%;26G!Z27,5@78+!98@!)-73D:/7!"5273+;2!;>!e7,+!'>25398!(58729A,!%;26G!

(92B!QG!$98@72E!"5273+;2! Z2583569A!;>!ZA58598!%965+9A!Z27,5@78+!;>!(98@9A9=!*7,;D237,!%;26G!

":G=AB<?M%NJB%JI%'@O;%PQ%678RS%

4;+9A!,1927,!#,,D7@!98@!XD+,+98@58C! ^]fEg_Èhfh!ZA58598O%)!(5858C! ^\Gij!#N%!He;2A@!d98BK! ^`G`j!#8,5@72,! kG]j!*d%! fGfj!(93RD9257!%965+9A! fG`j!%29+;8!%965+9A! ]Gij!+"+)#%% 9T;PU%

:::;<=>?@A=B@CAD=;D@E%

$4*X[W!#[$#")*!Xe[)*$F#Z!

+,-./0123!

&5,:8C! 4$l.Q0!F*%!

#,,D7@!98@!XD+,+98@58C! ^]fEg_Èhfh!

(989C7<78+!98@!#8,5@72,! m`]jH^K!!

#8,:+D:;89A!F;A@58C,! m]_jH`K!

e92298+,! `fE___E___!

$+;3B!X6:;8,! \E`f_E___!

NDAA=!"5AD+7@! ^g\EkfÈhfhH]K!

%9,1! nÊ^__E___!H$76+G!]_E!`_^]K%

"7L+! [5A!

f!

H^K  #83AG!^\Gij!%)!(5858C!,19271;A@58C!H%)!(5858C!5,!9!c;58+!/78+D27!L7+?778!W78729:;8!',,7+!(989C7<78+!98@!ZA58598!%965+9AK!H`K  #83AG!#N%!H<7<L72!;>!+17!e;2A@!d98BKE!?1531!;?8,!m^`j!;>!+17!5,,D7@!98@!;D+,+98@58C!,1927,G!!H]K  #83AG`fE___E___!?92298+,!o!n!_G^\!H7-6G!(9=!kE!`_^fK!98@!\E`f_E___!,+;3B!;6:;8,!o!n_G`f!p!_Gkf!!!

")Q)&XZ#[W!WX&"!Z*Xq)%4!#[!4'[r'[#'!

:::;<=>?@A=B@CAD=;D@E%%%

+,-./0123!

"WZ!W;A@!Z2;c73+0!87?!@5,3;/72=!;8!+278@!>2;<!9!62;@D358C!C;A@!<587!

$(Z!W;A@!Z2;c73+!0!9@/98358C!+;!>79,5L5A5+=!!

*V2%!@>W%2A@X=DI !&D69!p!98!7<72C58C!C;A@!@5,+253+!! ! ! !^(;V!(a#!![#!\].^_^!27,;D237H^K!! ! ! !F5,+;253!15C1.C29@7!sOW!<587!! ! ! ![7?!15C1.C29@7!@5,3;/7257,!! ! ! ![7?!&D5B9!(587!H$198+9!W;A@K! !! ! ! !27378+A=!3;<<7837@!;6729:;8,!

!"WZ!W;A@!Z2;c73+ ![7?!@5,3;/72=!8792![9/9319L! !

! ! ! !W;A@!(587!H'8CA;W;A@!',198:K!! ! ! !)<72C58C!C;A@!L7A+!! ! ! !d`W;A@!LD5A@58C!`8@!<587!

g!

H^K!!F7A5;!!87?,!27A79,7!@9+7@!!N7L2D92=!^È!`_^`!

!!

:::;<=>?@A=B@CAD=;D@E%

$(Z!WX&"!Z*Xq)%40!$s(('*b!

!

+,-./0123!

*V2%!@>W%2A@X=DI%

JWXJD=GI%I@%I<=%

@M=AJYGK%'=:%

#C?ZJ%!@>W%V?G=%%

&98@!Z93B9C7! `]Ek__!19!H`]k!B<`K!

X?872,156! ^__j!H,DLc73+!+;!2;=9A+=K!

&;39:;8! $e!498V9859!

(7+9AAD2C539A!47,+?;2B! hgj!273;/72=!

F5,+;2539A!Z2;@D3:;8! ì_E___!;V!o!iGfCO+!'D!H^h]h!p!^hfgK!

(58729A5,9:;8! X2;C7853!98@O;2!#8+2D,5;8.27A9+7@!C;A@!

!  f!B<!>2;<!$198+9!W;A@T,!27378+A=!;6787@![7?!&D5B9!<587!HZ2;LG!*7,G!;>!`G\g(+!9+!gG^CO+!'D!H\ihE___!;VK!

!  #@78:S39:;8!;>!,5<5A92!15C1.C29@7!V;87,!9+!+17!U78C7!98@!Z;23D6587!492C7+,!;8!$(Z!Z2;c73+!

!  Z72<5t8C!62;37,,!!D8@72?9=!+;!9@/9837!>2;<!7-6A;29:;8!A537837!+;!27+78:;8!A537837!H627.62;@D3:;8K!L7>;27!+298,5:;8!+;!<5858C!A537837!

!  %A;,7!+;!?9+72!,;D237!!98@!2;9@!9337,,5LA7!!  &92C7!A98@!693B9C7!58!7<72C58C!C;A@!@5,+253+!!  b792.2;D8@!7-6A;29:;8!

i!

:::;<=>?@A=B@CAD=;D@E%

&sZ'!p!'[!)()*W#[W!WX&"!"#$4*#%4!

+,-./0123!

[=GK=\V]=GK=%,=B@CAD=%@M=G%I@%W=MI<%JGW%J>@GK%BIA?Z=%%%! !!(79,D27@0!!^`_B;V!H`Gg!!(+!o!^Gf^!CO+!'DK!! !!#8@539+7@0!!!!ì_B;V!HgG^!(+!o!^G`f!CO+!'DK!! !!#8>7227@0!!!!!!^__B;V!H`Gf!(+!o!^G`k!CO+!'DK!

2@ADCM?G=%,=B@CAD=%@M=G%I@%W=MI<%JGW%J>@GK%BIA?Z=%%%! !!(79,D27@0!!!f]_B;V!H^`G]!(+!o!^G]f!CO+!'DK!! !!#8@539+7@0!!!!^`_B;V!H]G^!(+!o!^G^g!CO+!'DK!! !!#8>7227@0!!!!!!!!h_B;V!H]G]!(+!o!_Gkh!CO+!'DK!

'=?K<]@CA?GK%'=:%#C?ZJ%V?G=%?B%?G%MA@WCDY@G%%!  X6729+7@!L=!'#(.A5,+7@!$198+9!W;A@!!!  qX*%!3;<6A598+!Z2;L9LA7!(58729A!*7,72/7,H^K0!!`G\g!(+!C29@58C!gG^!CO+!'DE!>;2!\ihE___!;V!'D!

!  W;A@!62;@D3:;8!3;<<7837@!'DCD,+!`_^`!!  WD5@9837!>;2!g_E___u!;V!58!`_^]!!!!  492C7:8C!k_E___!;V!58!`_^\!

k!

H^K!ZA79,7!27>72!+;!!$198+9!W;A@T,!![7?,!*7A79,7!@9+7@!`^!X3+;L72!`_^]!

*J^J%V?G=!!  F5,+;253!15C1.C29@7!<587!H^h]h!p!^hfgK!!  ì_E___!;V!62;@D37@!9+!iGfCO+!'D!

:::;<=>?@A=B@CAD=;D@E%

F#WF.W*'")!ZX4)[4#'&!p!U)[W)!!

+,-./0123!]CO+!'D!3D+.;M!C29@7E!]_CO+!'D!+;6!3D+!

!  )-37AA78+!6;+78:9A!+;!9@@!<;27!15C1.C29@7!;D837,!+;!+17!7-5,:8C!27,;D237!

h!

:::;<=>?@A=B@CAD=;D@E%

U)[W)!$)!p!Q'&#"'4#X[!XN!(X")&!

+,-./0123!]CO+!'D!3D+.;M!C29@7E!]_CO+!'D!+;6!3D+!

!  "25AA!62;C29<<7!3;8@D3+7@!58!X3+;L72!O![;/7<L72E!`_^]!

^_!

:::;<=>?@A=B@CAD=;D@E%

U)[W)!$)!p!"*#&&!*)$s&4$!!

+,-./0123!^^!

:::;<=>?@A=B@CAD=;D@E%

F#WF.W*'")!ZX4)[4#'&!p!ZX*%sZ#[)!!

+,-./0123!

!  "7767,+!@25AA7@!58+72376+,!9+!Z;23D6587!927!15C1.C29@7!Hf]!<!o!`Gh!CO+!'D!98@!`k!<!o!fG^!CO+!'DK!

^`!

!  *758+72627:8C!@9+9!+;!C958!9!L7v72!D8@72,+98@58C!;>!+17!C7;<7+2=!98@!,5V7!6;+78:9A!;>!+17!U78C7!98@!Z;23D6587!15C1.C29@7!V;87,G!

!  '66A=58C!87?!,+2D3+D29A!58>;2<9:;8!+;!L7v72!@7S87!15C1.C29@7!V;87,!9<789LA7!+;!9!,<9AA72E!15C172.C29@7!;678!65+!98@!O!;2!15C1.C29@7!D8@72C2;D8@!;6729:;8G!

:::;<=>?@A=B@CAD=;D@E%

[)e!F#WF.W*'")!4'*W)4!Z#Z)&#[)!

!!!JM%\%RE%_%`;6KaI%)C%

+CE]?>?%\%6E%_%8`;bKaI%)C%

%%[@G@Z@G@%c%9E_%88;6KaI%)C%%[=GK=\%8d;bE%_%9;9KaI%)C%%

*J^J%V?G=%2JBI%2A@WCDY@G%\%6`7Q777%"^%_%`;dKaI%)C%

*GJZ=]?I=%\%8;bE%_%8P;7KaI%)C%%

%%$C]:JGJ%\%8E%_%P`KaI%)C%%

!eC?>>%\%`;9E%_%P;8KaI%)C%N@M=GS%%

^]!

+JAK=I% &GI=AD=MIB% /@>=B%2>JGG=W% V=I=AB%@f%WA?>>?GK% *=gC=GD=%

U78C7!(958! ]Gg<!o!`]GkCO+!'D! ^! ]__! ^!U78C7!$)! ^]G]<!o!fG`CO+!'D! ^! `__! `!(L78C7! ^`G\<!o!fGfCO+!'D! ^! `__! ]!$89B7L5+7! ^Gk<!9+!^gG_CO+!'D! \! \__! 4d"!U;8;B;8;! \<!o!^^G`CO+!'D! \! \__! 4d"!4D<L5A5! `<!o!îGkCO+!'D! \! \__! 4d"!!$9V9!(587! 9/7!C29@7!iGfCO+!'D! ]! Ê`__! 4d"!Z;23D6587! `k<!o!fG^CO+!'D! `! k__! 4d"!

YD5AA! iG\<!o!gG^CO+!'D! `! \__! 4d"!W96! ]<!o!iG`CO+!'D! g! g__! 4d"!"DL?989! ^<!o!giG_CO+!'D! \! g__! 4d"!

:::;<=>?@A=B@CAD=;D@E%

[)e!&s#U'!p!d)[%F('*U!NX*!$(Z!Q'&s)!

^\!

V=IA?D% /=>?@%\%*V2% '=:%#C?ZJ%N*<JGIJ%!@>WS%

F5,+;2539A!Z2;@D3:;8!! ^G^!(+!o!iGf!CO+!Hì_E___U!;V!'DK! 85A!

%D2278+!*7,;D237,!.!!(u#! `\G`!(+!o^G]`CO+!HÊ_`_E___!;V!'DK! ^gG`!(+!o`Gk\CO+HÊ\ikE^h\!;V!'DK!

%D2278+!*7,;D237,!p!15C1.C29@7! L758C!39A3DA9+7@! 583AG!58!9L;/7!

*7,72/7,!! 8;87!+;!@9+7! `Gg!(+!9+!gG^CO+!H\ihE___!;VK!

492C7+7@!Z2;@D3:;8!p!A;?.C29@7! i_B!;VO=! 85A!

492C7+!Z2;@D3:;8!p!15C1.C29@7! L758C!39A3DA9+7@! k_B!;VO=!

$+256658C!*9:;! f! ^kG^!

&5>7!;>!*7,72/7,!O*7,;D237,! h!=2,! f!=792,!

Z2;37,,58C!*73;/72=! hfj! khj!

492C7+7@!'/7G!39,1!3;,+,!! nk__O;V! ni\kO;V!!

(92B7+!%96!! %n!kG^(! WdZ!gk(!H%n^^f(K!

)8+72625,7!Q9AD7! %n!kG^!(! !WdZ!kk(!H%n^\i(K!

417!$(Z!W;A@!Z2;c73+!19,!,5<5A92!C7;A;C=!98@!<DA:6A7!;33D227837,!;>!15C1.C29@7!C;A@!<58729A5,9:;8!58!9@@5:;8!+;!+17!15C1.C29@7!V;87,!5@78:S7@!?5+158!+17!U78C7!98@!

Z;23D6587!*7,;D237!9279,G!

:::;<=>?@A=B@CAD=;D@E%%%

4'[r'[#'!eX*U!Z*XW*'(()!

+,-./0123!^f!^f!

2JI<:JL%I@%2A@WCDY@GH%%!

^G  N;3D,! ;8! 15C1.C29@7! V;87,! ?5+158! +17! 3D2278+! [#! \].^_^! *7,;D237! p! Y]! O! Y\E! `_^]G!*7/5,7@!27,;D237!7-673+7@!L7>;27!=792!78@!

`G  "25AA! +7,+! 7-+78,5;8,! +;! 15C1.C29@7! <58729A5,9:;8! ?5+158! *7,;D237! +;! @7<;8,+29+7!6;+78:9A! +;!9@@!15C1.C29@7!;D837,!p!Y]!O!Y\E!`_^]G!$s%%)$$Ns&&b!%X(Z&)4)"!'["!*)ZX*4)"!

]G  $3;658C!,+D@=!;>!15C172.C29@7!;678!65+!98@!15C1.C29@7!D8@72C2;D8@!!p!YÊ!`_^\!

\G  N79,5L5A5+=!$+D@=!p!`_^\!

fG  "25AA! +7,+! 87?! 15C1.C29@7! +92C7+,! ;D+,5@7! +17! [#! \].^_^! *7,;D237! +;! @7<;8,+29+7!6567A587!>;2!C2;?+1!p!`_^\!

gG  $+92+!,<9AA.,39A7!62;@D3:;8!p!`_^f!O!`_^g!

iG  s,7!792A=!39,1!P;?!+;!93157/7!;2C9853!C2;?+1!

:::;<=>?@A=B@CAD=;D@E%%%

"WZ!WX&"!Z*Xq)%4!

+,-./0123!^g!

!  &537837!A;39+7@!f_B<!9A;8C!,+25B7!>2;<!62;@D358C![9/9319L!(587!H'8CA;W;A@!',198:KE!,9<7!,+29:C2961=!98@!C7;A;C=!!

!  )-37AA78+!58>29,+2D3+D270!6;?72!98@!69/7@!2;9@!9337,,!?5+158!]_B<!;>!<958!+92C7+!

!  N52,+!""!1;A7!58+72,73+7@!f_!<!o!`G^!CO+!'DE!!_Gkj!%DE!^\!CO+!'C!583AG!i!<!o!hG_!CO+!'DE!\G\j!%DE!i]!CO+!'C!

!  X+172!15C1A5C1+,!583AD@7!^`!<!o!gGk!CO+!'DE!^\!<!o!]G^!CO+!'DE!i!<!o!]Gg!CO+!'DE!\!<!o!^^Gg!CO+!'DE!f!<!o!gG_!CO+!'DE!g!<!o!fG]!CO+!'DE!98@!^!<!o!]`Gk!CO+!'D!

&98@!Z93B9C7! `!A537837,E!i``!B<`!

X?872,156! ^__j!H,DLc73+!+;%2;=9A+=K!

&;39:;8! %78+29A![9<5L59!

(58729A5,9:;8! $B928.9,,;359+7@!C;A@!

^g!

:::;<=>?@A=B@CAD=;D@E%%%

"WZ!WX&"!Z*Xq)%4!

+,-./0123!

`_!B<u!,73:;8!;>!62;,673:/7!C7;A;C=E!!;8A=!\!B<!3;/727@!L=!,;5A!,9<6A58C! \_!B<u!,73:;8!;>!

62;,673:/7!C7;A;C=!

4?58!Z79B,!492C7+!p!;8!,+25B7!>2;<![9/9319L!p!,9<7!C7;A;C=!98@!<58729A5V9:;8!,+=A7!

!  &;39+7@!;8!98!7,+9LA5,17@!C;A@!+278@!

!  $9<7!,+29:C2961=!98@!C7;A;C=!9,!ug!(;Vw!![9/9319L!(587!H'8CA;W;A@KE!A;39+7@!`f!B<!$e!;>!"WZ!

!  "WZ!5,!9A,;!A;39+7@!^f_!B<!$)!;>!+17!X+c5B;+;!(587!Hd`W;A@K!?1531!5,!L758C!@7/7A;67@G!

i!<!C29@58C!hG_!CO+!'DE!\G\j!%D!98@!i]!CO+!'D!!H?5+158!f_!<!o!`G^!CO+!'DE!_Gkj!%DE!^\CO+!'CK!

x  m^Gf(;V!62;@D37@E!\G\!(;V!8;8.[#!\].^_^!3;<6A598+!27,;D237E!6;+78:9A!+;!!C2;?!,5C85S398+A=!

î!

`_^]!%'4'&b$4$!!

:::;<=>?@A=B@CAD=;D@E%

+,-./0123!

*V2%!@>W%2A@X=DIQ%+JG^JG?J%%

!  "25AA!15C1.C29@7!V;87,!9+!U78C7!98@!(L78C7!*7,;D237!9279,!+;!@7<;8,+29+7!+17!/9A5@5+=!;>!+17!87?!C7;A;C539A!O!,+2D3+D29A!<;@7A!.!Y]!O!Y\E!`_^]!

!  ZDLA5,1! 27/5,7@![#!\].^_^!*7,;D237!276;2+! >;3D,7@!;8!15C172.C29@7!<58729A5,9:;8!p!YÊ!`_^\!

!  $+92+! ,3;658C! ,+D@=!;>! 15C172.C29@7!;678!65+! 98@!15C1.C29@7!D8@72C2;D8@! +92C7+,! p!Y\E!`_^]!

!  "7<;8,+29+7!6;+78:9A!>;2!9@@5:;89A!15C172.C29@7!;D837,!;8!;+172!V;87,!!.!@25AA!+7,:8C!;>!,7/78!87?!15C1!C29@7!@5,3;/7257,!

!$!2%!@>W%2A@X=DIQ%'JE?]?J%%

!  "7<;8,+29+7!6;+78:9A!>;2![9/9319L.,5V7@!C;A@!@76;,5+!+12;DC1!c;58+!/78+D27!692+872,156!

^k!

:::;<=>?@A=B@CAD=;D@E%%%

F)&#X!p!#[!$s(('*b!

+,-./0123!

!  $+2;8C!+79<!

!  )-37AA78+!87?!692+872,!?5+1!@7<;8,+29+7@!+293B!273;2@!;>!/9AD7!3279:;8!

!  )83;D29C58C!585:9A!27,;D237!58!$(Z!W;A@!Z2;c73+E!498V98590!"  W;;@!6;+78:9A!+;!583279,7!15C172.C29@7!27,;D237!;D837,!>2;<!15C1.C29@7!3;27,!;>!

A;?72.C29@7!/758!19A;,!"  ND8@7@!7-6A;29:;8!62;C29<!+;!@25AA!15C1.C29@7!+92C7+,!+;!7-698@!D8@72,+98@58C!;>!

,=,+7<!+;!@7A5879+7!9!15C1.C29@7!27,;D237!>;2!D8@72C2;D8@!<5858C!!!  [9<5L598!62;c73+!5,!,+29+7C539AA=!5<6;2+98+!p!15C1.C29@7!9@c9378+!+;!62;@D358C!<587!

!  'v293:/7!/9AD9:;8!98@!78+2=!6;58+!

^h!^h!

!!

F7A5;!*7,;D237!%;26G ! ! !4;AA!>2770!u^!kkk!hff!\i`k!$D5+7!fk_!p!g`f!F;?7!$+277+ ! !52787o17A5;27,;D237G3;<!Q983;D/72!dG%GE!Qg%!`4g!%989@9 !L7A58@9o+173965+9AA9LG3;< ! ! ! !

!!

!!

'ZZ)["#%)$!

('['W)()[4!

:::;<=>?@A=B@CAD=;D@E%%%

+,-./0123!

*53192@!e5AA59<,E!%)XE!"5273+;2!98@!N;D8@72!p!X/72!+?78+=!=792,!;>!58@D,+2=!7-67257837!58!C;A@!<5858C!98@!62735;D,!98@!L9,7!<7+9A!<58729A!7-6A;29:;8!58!'>2539E!+17!'<72539,E!98@!,;D+1728!)D2;67G!%;.>;D8@72!;>!+17!d'N)l!C2;D6!;>!3;<69857,E!+17!6273D2,;2!+;!F7A5;!*7,;D237!%;26G!!!!%125,!(93U78V57E!%XXE!"5273+;2!98@!N;D8@72!p!X/72!+?78+=.>;D2!=792,!;>!58@D,+2=!7-67257837!9,!9!<5858CO7-6A;29:;8!C7;A;C5,+!98@!58!/925;D,!<989C7<78+!6;,5:;8,G!%;.>;D8@72!;>!+17!d'N)l!C2;D6!;>!3;<69857,E!+17!6273D2,;2!+;!F7A5;!*7,;D237!%;26G!!!!'8@27?!(93*5+3157E!%NX!p!!X/72!+78!=792,!;>!7-67257837!?;2B58C!?5+1!6DLA53!3;<69857,!58!+17!+7318;A;C=!98@!3;<<;@5:7,!,73+;2,G!!

``!

:::;<=>?@A=B@CAD=;D@E%

")(X[$4*'4)"!*)$Xs*%)!W*Xe4F!

!

+,-./0123!

!  F7A5;!19,!,+2;8C!58+258,53!/9AD7!?5+1!;/72!^!<5AA5;8!;D837,!58!(a#!27,;D237,!9+!$(Z!!  "7<;8,+29+7@!+17!9L5A5+=!+;!7-698@!5+,!27,;D237y!^_\j!583279,7!>2;<!`_^_!/!`_^`!

!

!\hiE___!!

!Ê_`_E___!!

!ì]E___!! !`\_E___!!

`_^_! `_^`!

(79,D27@!a!#8@539+7@!H;VK! #8>7227@!H;VK!

^_\j!`_^_H^K!

(798!C29@7!HCO+!'DK!

4;887,!!H(5AA5;8,K!

%;8+9587@!!'D!

Hz___!;VK!(79,D27@! ^G\f! fGh! ì\!#8@539+7@! ^G\^! \Gh! ``]!#8>7227@! ^G^h! iG^! ì]!

`_^`H`K!

(798!C29@7!HCO+!'DK!

4;887,!!H(5AA5;8,K!

%;8+9587@!!'D!

Hz___!;VK!(79,D27@! ^G]k! ^\Gk! gg_!#8@539+7@! ^G``! hG`! ]g_!#8>7227@! ^G_f! iG`! `\_!

H^K  ZA79,7!27>72!+;!%;<698={,!627,,!27A79,7!;8![;/7<L72!]_E!`_^_!78:+A7@!IF7A5;!'88;D837,!#85:9A!*7,;D237!),:<9+7!9+!$(Z!W;A@!Z2;c73+J!

H`K  ZA79,7!27>72!+;!%;<698={,!627,,!27A79,7!;8!N7L2D92=!^\E!`_^`!78:+A7@!IF7A5;!'88;D837,!s6@9+7@!(58729A!*7,;D237!),:<9+7!9+!$(Z!W;A@!Z2;c73+E!498V9859J!

`]!

:::;<=>?@A=B@CAD=;D@E%%%

+,-./0123!

4'[r'[#'!XQ)*Q#)e!&;39:;8! )9,+728!'>2539E!L;2@7258C!+17!#8@598!X3798!L7+?778!U78=9!98@!

(;V9<L5RD7E!L;2@727@!L=!]!A92C7,+!A9B7,!;8!+17!'>25398!3;8:878+!Z;6DA9:;8! \kG`!HqDA=!`_^]K!<5AA5;8E!C2;?58C!]j!672!=792!

Z;A5:39A!$=,+7<! s85+92=!*76DLA53!L9,7@!;8!<DA:.692+=!@7<;3293=!?5+1!+17!%19<9!%19!(9658@DV5!9,!+17!2DA58C!98@!@;<5898+!6;A5:39A!692+=!

W"Z! n`kG`f!L5AA5;8!s$"!H`_^`KE!7,:<9+7@!/9AD7!;>!C;A@!62;@D37@!9,!672378+9C7!;>!W"Z!^_j!HC;A@>93+,G;2CK!!

#8>29,+2D3+D27! $;A5@!p!2;9@,E!295A!87+?;2BE!6;2+,E!`!58+7289:;89A!9526;2+,!98@!C;;@!+7A73;<<D8539:;8,!

[9+D29A!*7,;D237,! W;A@E!@59<;8@,E!D2985D<E!C7<,+;87,E!89+D29A!C9,E!52;8!;27E!3;9AE!853B7AE!:8E!61;,619+7,E!,;@9!9,1!98@!,9A+!

W;A@!(5858C! Z2;<5878+!58!498V9859!>;2!<;27!+198!9!378+D2=G!498V9859!5,!8;?!^f+1!A92C7,+!C;A@!62;@D358C!3;D8+2=!58!+17!?;2A@!HC;A@>93+,G;2CK!

W;A@!(587,! &92C7!,39A7!<5858C!5,!9!27A9:/7A=!27378+!@7/7A;6<78+E!LD+!+1727!927!8;?!f!A92C7!,39A7!<587,!L758C!;6729+7@!L=!<9c;2,0!'>25398!d92253BE!'8CA;W;A@!',198:E!98@!*7,;AD+7!(5858C!

W;A@!*;=9A+=!*9+7!+;!W;/+! #83279,7@!>2;<!].\j!58!`_^_!;8!C;A@!7-6;2+!

Z2;c73+!*;=9A+=!+;!A;39A!Z92+872! `j!27@D379LA7!+;!^j!?5+1!39,1!69=<78+!625;2!+;!62;@D3:;8!

49-!*7/78D7!%;8+25LD:;8! W;A@!62;@D3:;8!933;D8+,!>;2!;87!;>!+17!!A92C7,+!,;D237,!;>!+9-!27/78D7!>;2!498V9859!H]GgjKE!>;2739,+7@!+;!6;+78:9AA=!583279,7!+;!g.kj!58!`_î!

:::;<=>?@A=B@CAD=;D@E%%%

+,-./0123!

['(#d#'!XQ)*Q#)e!

!&;39:;8! $;D+1?7,+!'>2539E!L;2@7258C!+17!'+A98:3!X3798!L7+?778!'8C;A9E!

d;+,?989!98@!$;D+1!'>2539!Z;6DA9:;8! `G`f!H`_^`K!<5AA5;8E!C2;?58C!`j!672!=792!

Z;A5:39A!$=,+7<! s85+92=!,7<5.Z27,5@78:9A!*76DLA53!L9,7@!;8!<DA:!692+=!@7<;3293=!?5+1!+17!$;D+1!e7,+!'>25398!Z7;6A7T,!X2C985,9:;8!9,!+17!2DA58C!98@!@;<5898+!6;A5:39A!692+=!

W"Z! n^`Gk!L5AA5;8!s$"!H`_^`KE!<5858C!62;/5@7,!`fj!;>!27/78D7!+;?92@,!W"Z!!

#8>29,+2D3+D27! )-37AA78+!p!2;9@,E!295AE!@776!?9+72!6;2+E!58+7289:;89A!9526;2+!98@!C;;@!+7A73;<<D8539:;8,!

[9+D29A!*7,;D237,! W;A@E!@59<;8@,E!D2985D<E!V583E!3;6672E!2927!792+1!<7+9A,E!89+D29A!C9,E!:8G!

W;A@!(5858C! [9/9319L!C;A@!<587!58!62;@D3:;8!,5837!^hkh!H'8CA;!W;A@!',198:K!X+c5B;+;!(587!L758C!@7/7A;67@!3D2278+A=!Hd`W;A@K!

W;A@!*;=9A+=!*9+7! ]j!

Z&#[#'[0!'!F#$4X*b!XN!Q'&s)!%*)'4#X[!

:::;<=>?@A=B@CAD=;D@E%%%

+,-./0123!H^K  Z772!C2;D6!583AD@7,0!)8@79/;D2!$5A/72E!$5A/72!$+98@92@E!N;2+D89!$5A/72E!98@!'D23989!Z2537,!9,!9+!$76+7<L72!`hE!`_^]!!

f_!

^__!

^f_!

`__!

`f_!

]__!

]f_!

\__!

\f_!

f__!

'DC._h! [;/._h! N7L.^_! (9=.^_! 'DC.^_! [;/.^_! N7L.^^! (9=.^^! 'DC.^^! [;/.^^! N7L.^`! (9=.^`! 'DC.^`! [;/.^`! N7L.^]! (9=.^]! 'DC.^]!

Inde

x (A

ugus

t 3, 2

009

= 10

0)!

2#&'&)'%1)*(%*+.$4H%VJGWJ>JL%,=B@CAD=B%N'@AEJ>?^=WS%

(98@9A9=!*7,;D237,! Z772,! $aZO4$l!%;<6;,5+7!#8@7-! $aZO4$l!WA;L9A!(5858C!#8@7-!

(["0!^kgj!!!4$l!%;<6;,5+70!^gj!Z772,0!.]j!4$l!(5858C0!.`^j!

Y\!`__h0!ZA58598!78+2=!

H^K!

! ZA58598!%965+9A!5,!98!58/7,+;2!58E!98@!9!A79@58C!;6729:;89A!<989C72!;>!<58729A!@5,3;/72=E!@7/7A;6<78+E!62;@D3:;8E!98@!+D2892;D8@!;66;2+D85:7,G!

!! $5837!5+,!>;2<9:;8!58!`__hE!ZA58598!19,!@7A5/727@!7-376:;89A!27,DA+,!+;!,19271;A@72,!98@!7,+9LA5,17@!9!+293B!273;2@!;>!,D337,,!+12;DC1!5+,!692:3569:;8!58!(98@9A9=!*7,;D237,!%;26!H4$l0!(["KE!e7,+!'>25398!(58729A,!H'#(0e'N(KE![5<585!F;A@58C,!&+@G!HZ25/9+7KE!98@!%)!(5858C!&+@G!HZ25/9+7KG!

!"  (98@9A9=T,!,1927!62537!19,!25,78!^kgj!,5837!+17!%;<698=T,!78+2=!98@!58/;A/7<78+!58!`__hG!"  e7,+!'>25398!(58729A,!?9,!+17!+;6!672>;2<72!;8!+17!&;8@;8!'#(!7-3198C7!58!`_^`G!

! d29@>;2@!(5AA,!HN;D8@72!98@!(989C58C!"5273+;2KE!98@!(92B!$98@72!HZ2583569AK!19/7!c;587@!F7A5;T,!d;92@!;>!"5273+;2,E!9@@58C!;/72!f_!=792,!;>!27A7/98+!58@D,+2=!7-67257837G!

`g!

:::;<=>?@A=B@CAD=;D@E%%%

+,-./0123!

#N%!!.!%*)"#d#&#4b!'["!d)$4!Z*'%4#%)$!

!  417!#8+7289:;89A!N589837!%;26;29:;8!H#N%K!5,!9!<7<L72!;>!+17!e;2A@!d98B!W2;D6!?1531!8D2+D27,!73;8;<53!C2;?+1!58!@7/7A;658C!3;D8+257,!

!!!  #N%!58/7,+7@!!ngG`<!98@!n^Gi<!58!N7L2D92=!`_^_!98@![;/7<L72!`_^^!27,673:/7A=H^K!

!  #N%!27627,78+,!,5C85S398+!6;,5:/7,!+;!F7A5;0!"  #N%T,!+293B!273;2@!;>!;8C;58C!S898359A!,D66;2+!+12;DC1;D+!+17!62;c73+!3=3A7!"  ',,;359:;8!?5+1!9!CA;L9A!S898359A!;2C985V9:;8!+19+!62;<;+7,!+17!15C17,+!

,+98@92@,!;>!;6729:8CE!78/52;8<78+9AE!,;359A!98@!179A+1!6293:37,!!!

!  #N%T,!)8/52;8<78+9A!98@!$;359A!*7/57?!58@539+7,0!!"  )8/52;8<78+9AE!179A+1E!,9>7+=!98@!,;359A!5<693+!;>!F7A5;T,!;6729:;8,!5,!A5<5+7@!

H^K  #N%!3D2278+A=!1;A@,!^gEf__E___!3;<<;8!,1927,!27627,78:8C!^`Gîj!;>!+17!5,,D7@!98@!;D+,+98@58C!3;<<;8!,1927,!;>!F7A5;!

ì!

:::;<=>?@A=B@CAD=;D@E%%%

"WZ!p!WX&"!UXZ!"*#&&!Z&'[!!

+,-./0123!`k!

:::;<=>?@A=B@CAD=;D@E%%%

+,-./0123!

"WZ!p!WX&"!UXZ!#Z!$s*Q)b$!

`h!

:::;<=>?@A=B@CAD=;D@E%%%

+,-./0123!

"WZ!p!WX&"!UXZ!$X#&!$'(Z&#[W!

]_!

Date post:	12-Apr-2017
Category:	Investor Relations
Upload:	idorsman
View:	300 times
Download:	0 times

Helio (TSX-V:HRC) January 2014 Presentation

Investor Relations