The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced June 22, 2015, and July 17, 2015.

Number of shares:  6.35 million special warrants

Description:  The special warrants are exchangeable, for no additional consideration, into a total of 635,000 units of the company at an effective price of 15 cents per unit. Each unit comprises one common share and one-half of one warrant of the company. Each whole warrant entitles the holder to purchase one common share of the company for a period of two years after the date of issuance at a price of 20 cents per warrant share. The special warrants shall be automatically exchanged for a total of 635,000 units, upon completion of a consolidation of the outstanding common shares of the company on a minimum of one new common share for 10 old common shares, and the receipt of approval of the exchange and all regulatory approvals required.

Number of placees:  Five placees

Finders' fees:  66,667 special warrants payable to Jack Maris; 33,333 special warrants payable to Jack Marr; 250,000 special warrants payable to Jones Gable & Company Ltd.