The TSX Venture Exchange has consented to the reduction in the exercise price of the following private placement warrants.

Number of warrants:  1.37 million

Expiry date of warrants:  Aug. 8, 2016

Original exercise price of warrants:  25 cents

New exercise price of warrants:  20 cents

These warrants were issued pursuant to a private placement of 2.4 million shares, with 1.37 million share purchase warrants attached, which was accepted for filing by the exchange effective Sept. 19, 2014.

Number of warrants:  1,135,001

Expiry date of warrants:  Dec. 4, 2016, and Dec. 22, 2016

Original exercise price of warrants:  25 cents

New exercise price of warrants:  20 cents

These warrants were issued pursuant to a private placement of 2,270,002 flow-through shares, with 1,135,001 share purchase warrants attached, which was accepted for filing by the exchange effective Oct. 20, 2015.

Number of warrants:  1,426,250

Expiry date of warrants:  March 4, 2017, March 20, 2017, and May 4, 2017

Original exercise price of warrants:  28 cents

New exercise price of warrants:  20 cents

These warrants were issued pursuant to a private placement of 2,852,500 flow-through shares with 1,426,250 share purchase warrants attached, which was accepted for filing by the exchange effective May 6, 2015.