K A P U S K A S ING G O L D C O RP NO T E S T O T HE FIN A N CI A L S T A T E M E NT S F O R T HE Q U A RT E R E ND E D A UG U S T 31 2 01 4 E xpre ss ed in Can ad ian d o lla r s 1 2 F INA NCI A L INS T RUM E NT S c on t i nu ed F ai r V al u e Me as ure me n ts F i na nc i a l i ns tr um en ts m ea s ure d at f ai r v a l u e are c l a s s i f i ed i nto on e of three l e v e l s i n th e f ai r v a l ue hi erar c h y ac c ordi n g to th e r el at i v e r e l i ab i l i t y of the i np uts us ed to es ti m ate th e f ai r v a l ue s T he t hree l e v el s of th e f ai r v al ue hi er a r c h y are Le v el 1 Una dj us ted qu ot e d p r i c es i n a c t i v e m ar k ets fo r i de nti c al as s ets or l i ab i l i ti es Le v el 2 Inp uts oth er tha n qu ot ed pr i c es tha t ar e o bs erv ab l e f or the as s et or l i a bi l i t y e i th er di r ec tl y or i n di r ec t l y an d Le v el 3 Inp uts th a t a r e no t b as ed on ob s er v ab l e m ark et da t a T he f ai r v al u e of c as h i s de term i ne d ba s ed on Le v e l 1 i np uts w h i c h c on s i s t of qu ote d pric es i n ac ti v e m ar k et s f or i de nti c a l as s ets A s at A u gu s t 31 2 01 4 th e Com pa n y be l i ev es tha t th e c arr y i n g v a l u es of ac c ou nts pa y a bl e ap pr ox i m ate s i ts f ai r v a l ue be c au s e of the i r na t ure a nd r el ati v e l y s h ort m atu r i t y da tes or du r at i on s A s s ets m ea s ured at f ai r v a l ue on a r ec urr i ng b as i s wer e pres e nte d o n t h e Com p an y s S ta tem en t of F i na nc i a l P os i ti on as of A u gu s t 31 2 0 1 4 as f ol l o w s Le v el 1 Le v el 2 Le v el 3 T ota l Cas h 27 9 55 27 9 55