The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Jan. 14, 2016.

Convertible debenture:  $2,071,300

Conversion price:  1,883 debentures with a principal amount of $1,100 convertible into shares at 67 cents per share, subject to a gold redemption right as outlined in the company's news releases dated Jan. 14, 2016, and March 10, 2016

Maturity date:  Jan. 12, 2017

Interest rate:  no interest payable

Number of placees:  nine placees

Insider:  Akiko Levinson, 50 debentures