The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Sept. 5, 2014.

Convertible debenture:  $500,000

Conversion price:  Convertible into common shares at five cents of principal outstanding

Warrants:  10 million share purchase warrants attached to purchase 10 million shares

Warrant exercise price:  Five cents for a one-year period

Maturity date:  Feb. 26, 2015

Interest rate:  10 per cent per year

Number of placees:  One placee

Insider:  Siebels Hard Asset Fund Ltd. (Russell Fryer), 20 million

Further to the TSX Venture Exchange bulletins dated Aug. 1, 2014, and Oct. 2, 2013, trading in the securities of the company will remain suspended.

Note that the company remains subject to the cease trade orders issued by the British Columbia Securities Commission and the Alberta Securities Commission, and, as such, the company must remain in compliance with these orders until they are revoked. Exchange acceptance of this private placement should not be construed as confirmation that this private placement is being completed in compliance with these orders.