The TSX Venture Exchange has accepted for filing the documentation with respect to a non-brokered private placement.

Shares:  20 million

Price:  10 cents

Warrants:  10 million warrants to purchase 10 million common shares

Exercise price:  15 cents per share for a two-year period

Placees:  19

Finders' fees:  CM-Equity, Powerone Capital Market Ltd., Helmut Finger and Simbelli GmbH collectively received $80,800 in cash and 808,000 non-transferable warrants to purchase 808,000 common shares at an exercise price of 15 cents for a two-year period.

The company issued a news release announcing the closing of the private placement on March 6, 2015.