The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on June 1, 2016.
Number of shares: 14 million shares
Purchase price: six cents per share
Warrants: 14 million share purchase warrants to purchase 14 million shares
Warrant exercise price: 7.5 cents for a one-year period
Number of placees: 16 placees
Insiders: Darcy Higgs, 2,333,334
shares; Dennis Higgs, 2,333,333
shares; Jonathan Younie, 333,334
shares
Aggregate pro group involvement: 2,333,333
shares (three placees)
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