The purpose of this eighth report of the Monitor is to advise the Court with respect to the following:
a) the operations of the Debtors since the date of the Monitor's Seventh Report to the Court ("Seventh Report");
b) the closing of the Transaction and the distribution to the Lender;
c) the steps required to complete the administration of these CCAA proceedings;
d) the Monitor's activities since the Seventh Report; and
e) the Debtors' motion for an order (i) extending the Stay Period (as defined in the Initial Order) until the earlier of March 22, 2019 and the date the Monitor files a certificate with the Court confirming that it has completed its administration of these CCAA proceedings (the "Discharge Certificate"); (ii) approving the fees and disbursements of the Monitor and its counsel; and (iii) upon the filing of the Discharge Certificate, discharging FTI as Monitor and Proposal Trustee of DOGL and terminating these CCAA proceedings.

The purpose of this Seventh Report of the Monitor is to provide the Court with the following:
a) an update on the status of the APA and financial position of the Buyer and the Monitor's conclusions and recommendations in respect of same;
b) an update regarding the Buyer's breaches of confidentiality as detailed in the Monitor's sixth report to the Court dated October 22, 2018;
c) the basis to approve a revised SSP in the event the Transaction under the APA does not close on or before November 16, 2018; and
d) the basis for an extension of the stay of proceedings to January 30, 2019.

The purpose of this Sixth Report of the Monitor is to provide the Court with the following:
a) an update on the status of the APA; and
b) the Monitor's conclusions and recommendations in connection with the foregoing.

The purpose of this Fifth Report of the Monitor is to provide the Court with the following:
a) an update on the status of the APA since the fourth report of the Monitor dated September 24, 2018; and
b) the Monitor's conclusions and recommendations in connection with the foregoing.

The purpose of this Fourth Report of the Monitor is to provide the Court with the following:
a) an update on Dundee's operations since the Third Report of the Monitor dated May 9, 2018;
b) an update on the Monitor's activities since the Third Report;
c) an update on the Second Amendment to the APA dated July 6, 2018;
d) the basis for an order approving the Key Employee Incentive Program;
e) the Monitor's review of Dundee's updated cash flow forecast for the period ending November 30, 2018;
f) the basis for extending the Stay Period until November 30, 2018; and
g) the Monitor's conclusions and recommendations in connection with the foregoing.

The purpose of the Third Monitor's Report is to provide the Court with an update with respect to various matters including a Sale Approval Motion for an order:
a) approving the APA and vesting in and to the Buyer all rights, title and interest in the Purchased Assets (as defined in the APA);
b) assigning the rights and obligations of the Debtors under the Lease(s) to the Buyer pursuant to section 11.3 of the CCAA; and
c) approving the distribution of the net sale proceeds under the APA to National Bank of Canada, as first priority secured creditor of the Debtors.

The purpose of the Second Monitor's Report is to provide the Court with an update on:
a) Dundee's operations since the First Report dated March 5, 2018;
b) an update on the Monitor's activities since the First Report;
c) an update on the second phase of the SSP and the selection of the Successful Bidder;
d) an update on the procedures to notify all counterparties to the Leases that the Debtors will be seeking an order for the following relief: (a) approval of the sale of substantially all of Dundee's assets to the Successful Bidder; (b) assignment of the Leases to the Successful Bidder upon closing of the sale transaction pursuant to s. 11.3 of the CCAA; and (c) a distribution to the Lender of all net sale proceeds, as first priority secured creditor (subject to any priority lien claims);
e) an update on the Monitor's approach regarding review of the Lender's security over real property interests;
f) the Monitor's review of Dundee's updated cash flow forecast for the period ending July 13, 2018 (the "Cash Flow Forecast"), a copy of which is attached as Appendix "C";
g) the basis for extending the Stay Period until June 29, 2018; and
h) the Monitor's conclusions and recommendations in connection with the foregoing.

The purpose of the First Proposal Trustee Report is to provide the Court with an update on:
a) Dundee's operations since the Filing Date;
b) the Proposal Trustee's activities since the Filing Date;
c) the first phase ("Phase 1") of the BIA SSP;
d) the receipts and disbursements of Dundee for the nine-week period ended October 13, 2017, as compared to Dundee's cash flow forecast filed with the Court on August 25, 2017;
e) the Proposal Trustee's review of Dundee's updated cash flow forecast for the period ending January 12, 2018;
f) the proposed extension of the Stay Period until December 15, 2017; and
g) the Proposal Trustee's conclusions and recommendations in connection with the foregoing.

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FTI Consulting
TD Waterhouse Tower
79 Wellington Street West
Suite 2010, P.O. Box 104
Toronto, Ontario M5K 1G8

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