The TSX Venture Exchange has accepted for filing documentation with respect to a brokered private placement announced April 25, 2016.

Number of shares:  40 million shares

Purchase price:  10 cents per share

Warrants:  20 million share purchase warrants to purchase 20 million shares

Warrant initial exercise price:  15 cents

Warrant term to expiry:  three years

Number of placees:  50 placees

Insiders:  Darren Koningen, 4,279,760; Chris Frostad, one million; Norvista Capital Corp. (Donald Christie), five million

Total pro group involvement:  3.35 million (seven placees)

Agents' fees:  IBK Capital Corp., $177,100 cash and 1,771,000 warrants; other, $2,400 cash and 24,000 warrants; CIBC World Markets Inc. $800 cash and 8,000 warrants; Brant Securities Ltd., $6,000 cash and 60,000 warrants; other, $2,000 cash and 20,000 warrants; Haywood Securities Inc., $52,800 cash and 528,000 warrants; CIBC Wood Gundy, $1,200 cash and 12,000 warrants; other, $2,000 cash and 20,000 warrants; Foster & Associates Financial Services Inc., $800 cash and 8,000 warrants; other, $4,000 cash and 40,000 warrants; Global Securities Corp., $300 cash and 3,000 warrants; other, $2,000 cash and 20,000 warrants; other, $22,000 cash and 220,000 warrants

Agent's warrant initial exercise price:  10 cents

Agent's warrant term to expiry:  exercisable at 10 cents per unit for a term of three years from the date of issuance

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.