The TSX Venture Exchange has accepted for filing the company's proposal to issue 6,835,000 shares to settle outstanding debt for $974,671.

Number of creditors:  one creditor

Insider:  Sino-Canada Natural Resources Fund 1, $974,671, 6,835,000 shares at 14.26 cents

The company shall issue a news release when the shares are issued and the debt extinguished.