ISSUER BID

Guidex's management believes that, from time to time, the market price of its shares may not fully reflect the underlying value of the shares and that, at such times, the purchase of the shares would be in the best interests of Guidex. Such purchases will increase the proportionate interest of, and may be advantageous to, all remaining shareholders.

Between September 1 and October 25, 2011, Guidex purchased the following shares on the TSX:

Transaction ID
Date of
transaction
(YYYY/MM/DD)
Date of
filling
(YYYY/MM/DD)
Ownership type
(and registered holder, if applicable)
Nature of
transaction
Number or value
acquired or
disposed of
Unit price or exercise price
Closing
balance
Insider name:  Guide Exploration Ltd.      
Security designation:  Common Shares Class A       
1945553 9/23/2011 9/26/2011 Direct Ownership: 10 - Acquisition or disposition in the public market 60,000 2.4203 60,000
1946907 9/26/2011 9/28/2011 Direct Ownership : 10 - Acquisition or disposition in the public market 75,000 2.3153 135,000
1946909 9/27/2011 9/28/2011 Direct Ownership: 10 - Acquisition or disposition in the public market 55,000 2.4991 190,000
1947489 9/28/2011 9/29/2011 Direct Ownership: 10 - Acquisition or disposition in the public market 56,600 2.4906 246,600
1947812 9/29/2011 9/30/2011 Direct Ownership: 10 - Acquisition or disposition in the public market 65,200 2.4636 311,800
1947943 9/29/2011 9/30/2011 Direct Ownership: 38 - Redemption, retraction, cancellation, repurchase -190,000 - 121,800
1950289 9/30/2011 10/3/2011 Direct Ownership: 10 - Acquisition or disposition in the public market 55,900 2.4184 177,700
1951473 10/3/2011 10/4/2011 Direct Ownership: 10 - Acquisition or disposition in the public market 86,500 2.2375 264,200
1952591 10/4/2011 10/5/2011 Direct Ownership: 10 - Acquisition or disposition in the public market 65,100 2.0365 329,300
1954226 10/5/2011 10/6/2011 Direct Ownership: 10 - Acquisition or disposition in the public market 45,800 2.2459 375,100
1955030 10/6/2011 10/7/2011 Direct Ownership: 10 - Acquisition or disposition in the public market 40,000 2.2625 415,100
1956017 10/7/2011 10/11/2011 Direct Ownership: 10 - Acquisition or disposition in the public market 50,000 2.1880 465,100
1956656 10/11/2011 10/12/2011 Direct Ownership: 10 - Acquisition or disposition in the public market 60,000 2.2793 525,100
1957258 10/12/2011 10/13/2011 Direct Ownership: 10 - Acquisition or disposition in the public market 60,000 2.3483 585,100
1957501 10/13/2011 10/14/2011 Direct Ownership: 10 - Acquisition or disposition in the public market 60,000 2.3211 645,100
1958191 10/14/2011 10/17/2011 Direct Ownership: 10 - Acquisition or disposition in the public market 22,000 2.4627 667,100
1958677 10/17/2011 10/18/2011 Direct Ownership: 10 - Acquisition or disposition in the public market 60,000 2.4342 727,100
1959102 10/18/2011 10/19/2011 Direct Ownership: 10 - Acquisition or disposition in the public market 50,000 2.4066 777,100
1959472 10/19/2011 10/20/2011 Direct Ownership: 10 - Acquisition or disposition in the public market 5,000 2.5000 782,100
1959920 10/20/2011 10/21/2011 Direct Ownership: 10 - Acquisition or disposition in the public market 50,000 2.4940 832,100
1960897 10/24/2011 10/24/2011 Direct Ownership: 38 - Redemption, retraction, cancellation, repurchase  -782,100 - 50,000