The TSX Venture Exchange has accepted for filing the company's proposal to issue a total of 654,813 bonus shares in consideration of extending the term of secured debentures totalling $1.1-million. The revised term of the debenture is five years. Interest is at a rate of 13 per cent per year.

The TSX Venture Exchange has accepted for filing the company's proposal to issue a total of 404,640 bonus shares in consideration of extending the term of secured debentures totalling $500,000 (U.S.). The revised term of the debenture is five years. Interest is at a rate of 13 per cent per year.