Effective Dec. 30, 2016, the company's short form prospectus dated Dec. 30, 2016, qualifying the distribution of 3,625,000 subscription receipts of the company, was filed with and accepted by the TSX Venture Exchange, and filed with and receipted by the Ontario Securities Commission. Under Multilateral Instrument 11-102, passport system, the prospectus is deemed to have been filed with and receipted by the securities regulators for each of the British Columbia, Alberta, Saskatchewan, Manitoba, New Brunswick, Nova Scotia, Prince Edward Island, and Newfoundland and Labrador securities commissions.

The exchange has been advised that the closing of the offering occurred on Jan. 10, 2017, for gross proceeds of $5,002,500.

Underwriters:  Beacon Securities Ltd., Cormark Securities Inc., Canaccord Genuity Corp. and AltaCorp Capital Inc.

Offering:  4,168,750 subscription receipts (includes the 543,750-subscription-receipt overallotment exercised in full) (Each subscription receipt shall convert into one common share of the company upon fulfilment of certain escrow release conditions.)

Price:  $1.20 per subscription receipt

Commission:  $285,156