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Exhibit 99.1

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|----------------------------------|--------|
| Table of Contents                | 2      |
| 1. PURPOSE                       | 3      |
| 2. AUTHORITY                     | 3      |
| 3. COMPOSITION                   | 3      |
| 4. MEETINGS                      | 4      |
| 5. RESPONSIBILITIES              | 4      |
| A. Financial Statements          | 4      |
| B. Internal Control              | 5      |
| C. Internal Audit                | 5      |
| D. Independent Audit             | 5      |
| E. Compliance                    | 6      |
| F. Reporting    Responsibilities | 6      |
| G. Other Responsibilities        | 7      |
|                             |   |

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|   | · | Recommend      to the Board and to the shareholders the nomination of the independent      auditors and the compensation of the independent auditors, subject to      shareholder approval. |
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|   | · | Oversee      the work of the independent auditors employed by the Corporation to      conduct the annual audit and quarterly reviews. The independent auditors      will report directly to the AuditCommittee. |
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|   | · | Resolve      any disagreements between management and the independent auditors      regarding financial reporting. |
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|   | · | Pre-approve      all auditing and permitted non-audit services performed by the      Corporation's independent auditors, subject to and in accordance with      applicable Canadian and US securities laws, including Section 10A(i)(1)(B)      of the US Securities Exchange Act of 1934, as amended (the “Exchange      Act”). |
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|   | · | Retain      independent counsel, accountants, or others to advise the Audit Committee      or assist in the conduct of aninvestigation. |
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|   | · | Seek      any information the Audit Committee requires from employees, all of whom      are directed to cooperate with the Audit Committee's requests, or external      parties. |
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|   | · | Meet      with Corporation officers, independent auditors, or outside counsel, as      necessary. |
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|   | · | Retain      such outside counsel, experts or other advisors as the Audit Committee may      deem appropriate in its sole discretion along with approval of related      fees and retention terms. |
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|   | · | The      Audit Committee may delegate authority to subcommittees, including the      authority to pre-approve all auditing and permitted non-audit services,      providing that such decisions are presented to the full Audit Committee at      its next scheduled meeting. |
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|   | · | Review      significant accounting and reporting issues and understand their impact on      the financial statements. These issues may  include: |
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|   | o | Complex      or unusual transactions and highly judgmental  areas; |
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|   | o | Major      issues regarding accounting principles and financial statement      presentations, including any significant changes in the Corporation's      selection or application of accounting principles;  or |
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|   | o | The      effect of regulatory and accounting initiatives, as well as off-balance      sheet structures, on the financial statements of the      Corporation. |
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|   | · | Review      analyses prepared by management and/or the independent auditor setting      forth significant financial reporting issues and judgments made in      connection with the preparation of the financial statements, including      analyses of the effects of alternative GAAP methods on the financial      statements |
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|   | · | Review      with management and the independent auditors the results of the audit,      including any difficulties encountered. This review will include any      restrictions on the scope of the independent auditor's activities or on      access to requested information, and any significant disagreements with      management. |
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|   | · | Discuss      the annual audited financial statements and quarterly financial statements      with management and the independent auditors, including the Corporation's      disclosures under "Management's Discussion and Analysis of Financial      Condition and Results ofOperations." |
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|   | · | Review      disclosures made by chief executive officer and chief financial officer      during the annual and quarterly certification process about significant      deficiencies in the design or operation of internal controls or any fraud      that involves management or other employees who have a significant role in      the Corporation's internalcontrols. |
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|   | · | Discuss      earnings press releases (particularly use of "pro forma," or "adjusted"      non-GAAP, information), as well as financial information and earnings      guidance provided to analysts and rating agencies. This review may be      general (i.e., the types of information to be disclosed and the type of      presentations to be made). The Audit Committee does not need to discuss      each release in advance. |
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|   | · | Consider      the effectiveness of the Corporation's internal control system, including      information technology security andcontrol. |
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|   | · | Understand      the scope of internal and independent auditors' review of internal control      over financial reporting, and obtain reports on significant findings and      recommendations, together with management's  responses. |
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|   | · | Review      with management and the chief financial officer, the Audit Committee      charter, plans, activities, staffing, and organizational structure of the      internal audit function. |
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|   | · | Ensure      there are no unjustified restrictions or limitations, and review and      concur in the appointment, replacement, or dismissal of the chief      financial officer. |
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|   | · | Review      the effectiveness of the internal audit  function. |
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|   | · | On      a regular basis, meet separately with the chief financial officer to      discuss any matters that the Audit Committee or internal audit believes      should be discussed privately. |
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|   | · | Review      the independent auditor’s proposed audit scope and approach, including      coordination of audit effort with internal  audit. |
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|   | · | Review      the performance of the independent auditors, and recommend approval on the      appointment or discharge of the independent auditors to the Board and to      the shareholders. In performing this review, the Audit Committee      will: |
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|   | o | At      least annually, obtain and review a report by the independent auditor      describing: the firm's internal quality-control procedures; any material      issues raised by the most recent internal quality-control review, or peer      review, of the firm, or by any inquiry or investigation by governmental or      professional authorities, within the preceding five years, respecting one      or more independent audits carried out by the firm, and any steps taken to      deal with any such issues; and (to assess the independent auditor's      independence) all relationships between the independent auditor and the      Corporation, including in accordance with Independence Standards Board      Standard 1; |
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|   | o | Take      into account the opinions of management and internal  audit; |
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|   | o | Review      and evaluate the lead partner of the independent auditor;    and |
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|   | o | Present      its conclusions with respect to the independent auditor to the      Board. |
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|   | · | Ensure      the rotation of the lead audit partner every five years and other audit      partners every seven years, and consider whether there should be regular      rotation of the audit firm itself. |
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|   | · | Present      its conclusions with respect to the independent auditor to the      Board. |
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|   | · | Set      clear hiring policies for employees or former employees of the independent      auditors. |
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|   | · | On      a regular basis, meet separately with the independent auditors to discuss      any matters that the Audit Committee or independent auditors believe      should be discussed privately. |
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|   | · | Review      the effectiveness of the system for monitoring compliance with laws and      regulations and the results of management's investigation and follow-up      (including disciplinary action) of any instances of      noncompliance. |
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|   | · | Establish      procedures for: (i) the receipt, retention, and treatment of complaints      received by the Corporation regarding accounting, internal accounting      controls, or auditing matters; and (ii) the confidential, anonymous      submission by employees of the listed issuer of concerns regarding      questionable accounting or auditingmatters. |
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|   | · | Review      the findings of any examinations by regulatory agencies, and any internal      or independent auditorobservations. |
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|   | · | Review      and approve in advance any proposed “related person” transactions that the      Corporation is required to disclose in any reports the Corporation is      required to file. |
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|   | · | Regularly      report to the Board about Audit Committee activities and issues that arise      with respect to the quality or integrity of the Corporation's financial      statements, the Corporation's compliance with legal or regulatory      requirements, the performance and independence of the Corporation's      independent auditors, and the performance of the internal audit      function. |
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|   | · | Provide      an open avenue of communication between internal audit, the independent      auditors, and the Board. |
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|   | · | Report      annually to the shareholders, describing the Audit Committee's      composition, responsibilities and how they were discharged, and any other      information required by applicable stock exchange rules or securities      laws, including approval of non-auditservices. |
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|   | · | Review      the Annual Information Form and report thereon to the    Board. |
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|   | · | Prepare      the Audit Committee’s annual report for the Corporation’s management proxy      circular. |
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|   | · | Discuss      with management the Corporation's major policies with respect to risk      assessment and risk management. |
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|   | · | Perform      other activities related to this Audit Committee charter as requested by      the Board. |
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|   | · | Institute      and oversee special investigations asneeded. |
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|   | · | Review      and assess the adequacy of the Audit Committee charter annually,      requesting board of director approval for proposed changes, and ensure      appropriate disclosure as may be required by law or      regulation. |
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|   | · | Confirm      annually that all responsibilities outlined in this Audit Committee      charter have been carried out. |
|--------|--------|----------------------------------------------------------------------------------------------------------------------|

|   | · | Evaluate      the Audit Committee's and individual members' performance at least      annually. |
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|   |   |
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