The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced July 22, 2016.

Flow-through shares

Number of FT shares:  1,818,182 flow-through shares

Purchase price:  11 cents per flow-through share

Warrants:  909,090 share purchase warrants to purchase 909,090 shares

Warrant initial exercise price:  16 cents

Warrant term to expiry:  two years

Non-flow-through shares

Number of NFT shares:  6.61 million non-flow-through shares

Purchase price:  10 cents per non-flow-through share

Warrants:  6.61 million share purchase warrants to purchase 6.61 million shares

Warrant initial exercise price:  16 cents

Warrant term to expiry:  two years

Number of placees:  34 placees

Insider:  Christopher Harris, 300,000; EFMX Consulting Ltd., 150,000; Everett Makela Michael Bennett, 1.3 million

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.