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BRENCOURT ADVISORS LLC
> SAEX
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 09/30/2012 | SAExploration Holdings, Inc. | SAEX | 0 | -75,000 | 0 | -728,000 | |
| 06/30/2012 | SAExploration Holdings, Inc. | SAEX | 75,000 | 75,000 | 728,000 | 728,000 | $9.71 |
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