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

Number of shares:  2,233,333 common shares

Purchase price:  63 cents per common share

Warrants:  1,116,667 warrants to purchase 1,116,667 common shares

Warrants exercise price:  85 cents per share during a period of up to 36 months following the closing date

Number of subscribers:  one subscriber

Insider/pro group participation:  nil

Intermediaries' fees:  nil

The company has issued a press release confirming the closing of the private placement dated March 15, 2018.