The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Aug. 24, 2011.

Shares:  11,499,333 flow-through shares; 14,658,333 non-flow-through shares

Price:  15 cents per share (flow-through and non-flow-through)

Warrants:  20,407,996 share purchase warrants to purchase 20,407,996 shares

Exercise price:  20 cents for a two-year period

Hidden placees:  29

Insiders:  Sheldon Inwentash one million; Elaine Bennett 166,000; Carole Plante 70,000; Alain Krushnisky 93,335; Pinetree Resource Partnership two million; Laurentian Mountains Investments Ltd. (David Fennell) 333,334

Pro groups:  Anthony Kinnon 675,000; Darrin Hopkins 675,000; Chris Owen 333,334; Bart Sambrook 133,333; David Anderson 333,333

Finders' fee:  $74,129 payable to Macquarie Private Wealth Inc., Primary Capital Inc., Limited Market Dealer Inc., Mackie Research Capital Inc. and Pope & Company Ltd.