The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Nov. 5, 2015.

Convertible debenture:  $15-million (U.S.)

Conversion price:  convertible into shares at 14 cents of principal per share until maturity

Maturity date:  Jan. 22, 2016

Interest rate:  12 per cent

Number of placees:  two placees

Insiders:  CDC Group PLC, $10-million (U.S.); Golden Oil Holdings Ltd., $5-million (U.S.)