TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced May 29, 2012.
Shares: 4,532,000 shares
Purchase price: 20 cents per share
Warrants: 4,532,000 share purchase warrants to purchase 4,532,000 shares
Warrant exercise price: 20 cents for a two-year period
Insiders: Sercor Ltd. (Paulo C. de Brito) four million;
RJS Management Services (Ray Saunders) 400,000
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