The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Nov. 17, 2010.

Convertible debenture:  $35,000

Conversion price:  convertible into 538,462 units, each unit consisting of one common share and one-half of one common share purchase warrant, at 6.5 cents of principal outstanding until Nov. 2, 2011

Maturity date:  Nov. 2, 2011

Warrants:  269,231 warrants, each warrant entitles the holder to purchase one common share; the warrants are exercisable at the price of 10 cents per share until Nov. 2, 2011

Interest rate:  8 per cent per year

Hidden placees:  one