The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Sept. 14, 2010, Oct. 18, 2010, and Oct. 28, 2010:

Number of shares:  9,102,642 flow-through shares, eight million non-flow-through shares

Purchase price:  seven cents per flow-through share, five cents per non-flow-through share

Warrants:  8,551,322 share purchase warrants to purchase 8,551,322 shares

Warrant exercise price:  10 cents for a two-year period

Number of placees:  33 placees

Insiders:  Atherton Enterprises Ltd. (Scott B. Hean) 168,000 NFT, Manex Resource Group Inc. (Lawrence Page) one million NFT

Pro groups:  Allan Folk 360,000 FT, Richard Goodman 314,285 FT, Thomas Seltzer 400,000 NFT

Finders' fees:  $18,625 cash and 443,450 warrants payable to Brant Securities Limited, $3,075 cash and 87,500 warrants payable to Haywood Securities Inc., $8,880 cash and 240,000 warrants payable to Jones Gable & Company Limited, $2,550 cash and 65,000 warrants payable to Macquarie Private Wealth Inc., $600 cash and 20,000 warrants payable to Michael Baybak