Effective Friday, Dec. 19, 2014, the company's short form base shelf prospectus dated Sept. 19, 2014, and prospectus supplement dated Dec. 15, 2014, was filed with and accepted by the TSX Venture Exchange, and filed with and, as applicable, receipted by among others, the British Columbia Securities Commission, pursuant to the provisions of the British Columbia Securities Act.

The TSX Venture Exchange has been advised that closing occurred on Dec. 19, 2014, for gross proceeds of $10,416,920.

Agents:  Clarus Securities Inc., Canaccord Genuity Corp. and Raymond James Ltd., as co-lead agents, together with Mackie Research Capital Corporation, GMP Securities LP and National Bank Financial Inc.

Offering:  306,380 common shares and 612,760 preferred securities

Share price:  $12.40 per common share and $10.80 per preferred security

The agents will receive a total fee of $468,761 (U.S.) cash.

Overallotment option:  The agents may overallot the shares and preferred securities in connection with this offering, and the company has granted to the agent an option to purchase an additional 52,065 shares and 104,130 preferred securities, for gross proceeds of $1,770,210, exercisable for a period of 30 days from the closing of the offering.