The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced April 25, 2016. The company obtained a waiver to the exchange's minimum pricing rules to complete the private placement.

Shares:  13.75 million

Price:  two cents

Warrants:  13.75 million share purchase warrants to purchase 13.75 million shares

Exercise price:  five cents for a three-year period

Placees:  28

Pro groups:  3.45 million (seven placees)

Finders' fees:  $9,000 payable to Haywood Securities Inc.; $7,500 payable to Leede Jones Gable Inc.