The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Dec. 21, 2016.

Number of shares:  4,545,454 shares

Purchase price:  11 cents per share

Warrants:  4,545,454 share purchase warrants to purchase 2,272,727 shares

Warrant initial exercise price:  20 cents

Warrant term to expiry:  one year

Number of placees:  five placees

Insider:  Simco Services Inc. (Joe DeVries), 3,036,363

Finder's fee:  Raymond James Ltd., $6,600 cash and 60,000 warrants

Finder's warrant initial exercise price:  20 cents

Finder's warrant term to expiry:  issued Dec. 22, 2016, exercisable until Dec. 21, 2017

Note that in certain circumstances the exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.