The TSX Venture Exchange has accepted for filing documentation with respect to a brokered and non-brokered private placement announced Oct. 5, 2015, and Oct. 22, 2015.

Number of shares:  6.25 million shares

Purchase price:  80 cents per share

Warrants:  3,125,000 share purchase warrants to purchase 3,125,000 shares

Warrant exercise price:  $1.20 for a five-year period

Number of placees:  47 placees

Insiders:  Timothy Durance, 62,500; Gary Melvin Michael Sandberg, 2,500; Mary Ritchie, 12,500; Stewart Ritchie, 12,500; Hugh McKinnon, 62,500; Jun Fu, 62,500; Beenu Anand, 25,000; John P.A. Budreski, 625,000; Brent Gilbert, 6,250; Daniel Stephen Henriques, 3,750

Total pro group involvement:  312,500 (four placees)

Agent's fee:  $297,300 and 225,000 broker warrants payable to Cormark Securities Inc. (Each broker warrant is exercisable for a period of two years into one unit on the same terms as the private placement.)