The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced March 2, 2016.

Number of shares:  3,927,884 shares

Purchase price:  60 cents per share

Warrants:  3,927,884 share purchase warrants to purchase 3,927,884 shares

Warrant exercise price:  85 cents for a two-year period, with an acceleration clause

Number of placees:  16 placees

Finder's fee:  Sprott Private Wealth LP, $50,000 cash payable