The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Oct. 12, 2018.

Number of shares:  6,700,433 shares

Purchase price:  15 cents per share

Warrants:  3,350,217 share purchase warrants to purchase 3,350,217 shares

Warrant initial exercise price:  20 cents

Warrant term to expiry:  three years

Number of placees:  36 placees

Insiders:  Daniel Marinov Ltd. (Daniel Marinov) (Elena Marinov) (Radoslav Marinov), 83,333; Cruise Geoservices Ltd. (Mark Cruise), 83,333; Keith Henderson, 200,000; Marla Ritchie, 34,000

Finders' fees:  Leede Jones Gable Inc., $52,375.05 cash and 349,167 warrants; Haywood Securities Inc., $4,637.50 cash and 30,917 warrants

Finder's warrant initial exercise price:  15 cents

Finder's warrant term to expiry:  The expiry date is 12 months from the date of issuance.

Note that in certain circumstances the exchange may later extend the expiry date of the warrants if they are less than the maximum permitted term.