The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Dec. 6, 2010.

Number of shares:  1.5 million shares

Purchase price:  70 cents per share

Warrants:  1.5 million share purchase warrants to purchase 1.5 million shares

Warrant exercise price:  $1 for a two-year period

Hidden placees:  24 hidden placees

Insiders:  Resinco Capital Partners Inc., 150,000; David Patterson, 20,000; D. Greg Hall, 35,000; John Lee, 160,000

Pro groups:  Brian Paes-Braga, 7,500; David Elliott, 15,000

Finder's fee:  Capital Street Group receives $56,700 and 81,000 non-transferable warrants, each exercisable for one share at a price of $1 for a 24-month period