The TSX Venture Exchange has accepted for filing the documentation with respect to a non-brokered private placement announced on April 4, 2017.

Number of shares:  12,642,143 common shares

Purchase price:  70 cents per common share

Warrants:  6,321,072 warrants to purchase 6,321,072 common shares

Warrant exercise price:  90 cents per share until April 29, 2019

Number of subscribers:  four subscribers

Insider:  Wexford Capital LP, 1,875,000

Finders' fees:  Red Cloud Klondike Strike and Sprott Private Wealth collectively received an aggregate of $103,967 in cash.

The company has confirmed the closing of the private placement by way of a press release dated April 24, 2017.