The TSX Venture Exchange has accepted for filing documentation with respect to the second tranche of a non-brokered private placement announced Dec. 20, 2013, Dec. 27, 2013, and Jan. 7, 2014.

Number of shares:  9.9 million shares

Purchase price:  Five cents per share

Warrants:  9.9 million share purchase warrants to purchase 9.9 million shares

Warrant exercise price:  Five cents for a two-year period, subject to an acceleration clause

Number of placees:  27 placees

Insider:  Pagurus Enterprises Ltd. (Penny Talbot), 200,000

Finder's fee:  Haywood Securities Inc., 182,000 shares payable