The TSX Venture Exchange has consented to the extension in the expiry date of the following warrants.

Private placement

Number of warrants:  833,333

Original expiry date of warrants:  Aug. 24, 2014

New expiry date of warrants:  Aug. 24, 2015

Exercise price of warrants:  40 cents

These warrants were issued pursuant to a private placement of 1,666,666 shares with 1,666,666 share purchase warrants attached, which was accepted for filing by the exchange effective Aug. 22, 2012. The shares were subject to a 1:2 consolidation effective Jan. 21, 2013.