The TSX Venture Exchange has accepted for filing the documentation with respect to a non-brokered private placement.

Number of shares:  3,907,500 flow-through common shares

Purchase price:  10 cents per flow-through common share

Number of placees:  18 placees

Insiders:  Renaud Hinse, 350,000 shares; Decochib Inc. (Renaud Hinse), 650,000 shares; Marc Filion, 83,000 shares; Normand Hinse, 347,000 shares

Finders' fees:  nil

The company has confirmed the closing of the above-mentioned private placement by way of the press release dated Jan. 4, 2017.