The TSX Venture Exchange has accepted for filing the documentation with respect to a non-brokered private placement.

Shares:  9.77 million common shares

Price:  10 cents

Warrants:  4,885,000 warrants to purchase 4,885,000 common shares

Exercise price:  15 cents per share for a 36-month period from the closing date of the private placement

Placees:  10

Finders' fees:  Helmut Finger, Frankfurt Capital Markets Consulting GBR and C3 Media Inc. collectively received a cash commission of $33,760 and non-transferable warrants to acquire 168,800 common shares at an exercise price of 15 cents per share at any time before April 11, 2018