The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Aug. 9, 2012.

Number of shares:  5.25 million non-flow-through shares and 624,999 flow-through shares

Purchase price:  10 cents per non-flow-through share and 12 cents per flow-through share

Warrants:  2,937,498 share purchase warrants to purchase 2,937,498 shares

Warrant exercise price:  20 cents for a three-year period

Number of placees:  Six placees

Insiders:  John-Mark Campbell, 83,334; Erich Rauguth, 249,999; Vencam Resources Ltd. (Erich Rauguth), 166,666