The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on Feb. 21, 2017.

Number of shares:  28,880,615 shares

Purchase price:  10 cents per share

Warrants:  28,880,615 share purchase warrants to purchase 28,880,615 shares

Warrant exercise price:  20 cents for a two-year period

Number of placees:  38 placees

Insiders:  Laara Shaffer, 200,000 shares; Corey Dias, two million shares; Joshua Bleak, 750,000 shares

Finders' fees:  Leede Jones Gable Inc., $11,550 and 115,500 warrants that are exercisable into common shares at 20 cents per share for a 24-month period; Gravitas Securities Inc., $3,500 and 35,000 warrants that are exercisable into common shares at 20 cents per share for a 24-month period; Canaccord Genuity Corp., $7,000 and 70,000 warrants that are exercisable into common shares at 20 cents per share for a 24-month period

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the company issued a news release dated March 6, 2017, announcing the closing of the private placement and setting out the expiry dates of the hold period(s). 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.