The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Aug. 8, 2014.
Shares: 1,694,477
Price: 95 cents
Warrants: 1,694,477 share purchase warrants to purchase 1,694,477 shares
Exercise price: $1.20 for a one-year period; the warrants are subject to an accelerated exercise provision in the event the volume-weighted average trading price of the company's shares is $1.40 for 10 consecutive trading days
Placees: 26
Insiders: Robin B. Hutchison 20,000;
Dr. Terry Pearson 10,530
Pro groups: 250,000 (two placees)
Finders' fees: Haywood Securities Inc. -- $93,860;
PI Financial Corp. -- $7,600
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