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B. FTI has not examined or reviewed financial forecasts and projections <br />referred to in this report in a manner that would comply with the <br />procedures described in the Canadian Institute of Chartered Accountants <br />Handbook. <br />GENERAL BACKGROUND <br />12. The Cline Group is in the business of locating, exploring and developing mineral <br />resource properties, with a particular focus on gold and metallurgical coal. <br />13. Further background information regarding the Applicants and the CCAA <br />Proceedings is provided in, inter alia, the Pre -Filing Goldfarb Affidavit, the <br />affidavit of Matthew Goldfarb sworn December 15, 2014 (the "Second Goldfarb <br />Affidavit ") and FTI's pre - filing report dated December 2, 2014 (the "Pre- Filing <br />Report "). Copies of these materials, the Orders and other documentation <br />relating to these CCAA Proceedings have been posted on the Monitor's website <br />(the "Monitor's Website") athttp : / /cfcarnada.fticonsulting.com /cline. <br />A. ACTIVITIES OF THE MONITOR <br />14. The Initial Order appointed FTI as Monitor of the Applicants in these CCAA <br />Proceedings. In this regard, FTI has been involved in numerous activities since <br />the Filing Date, including, inter alia: <br />