The
TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Aug. 24, 2016.
Shares: 1,616,000
Price: 29 cents
Warrants: 1,616,000 share purchase warrants to purchase 1,616,000 shares
Exercise price: 50 cents for a one-year period
Placees: 21
Pro group: 17,000 (one placee)
Finders' fees: $12,006 and 41,400 warrants payable to Raymond James Ltd.;
$696 and 2,400 warrants payable to Canaccord Genuity Corp.;
$592 and 2,040 warrants payable to PI Financial Corp.;
warrants are exercisable at 50 cents per share for 12 months
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