The TSX Venture Exchange has accepted for filing the company's proposal to issue 4,916,575 common shares and 4,916,575 share purchase warrants to settle outstanding debt for $589,989.

Number of creditors:  12 creditors

Warrants:  4,916,575 share purchase warrants to purchase 4,916,575 shares

Warrant exercise price:  25 cents for a two-year period

For further information, please refer to the company's news release dated July 9, 2015.