The TSX Venture Exchange has accepted for filing documentation with respect to a brokered private placement announced Dec. 12, 2016, and Dec. 13, 2016.

Number of subscription receipts:  2,916,667 subscription receipts (Each subscription receipt shall convert into one common share of the company upon fulfilment of certain escrow release conditions.)

Purchase price:  $1.20 per subscription receipt

Number of placees:  one placee

Underwriters' fees:  an aggregate of $210,000 in cash, payable to Beacon Securities Ltd., Cormark Securities Inc., Canaccord Genuity Corp. and AltaCorp Capital Inc.

For further details, please refer to the company's news release dated Jan. 10, 2017.