The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Dec. 31, 2015, and Jan. 22, 2016.
Shares: four million
Price: five cents
Warrants: four million share purchase warrants to purchase four million shares
Exercise price: seven cents for a three-year period; the warrants are subject to an accelerated exercise provision in the event the company's shares trade at 10 cents or greater for 15 consecutive trading days
Placees: five
Insiders: Mark Ayranto 300,000;
Jay Collins one million
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