The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Aug. 15, 2014.

Number of shares:  9,617,334 shares

Purchase price:  10 cents per share

Warrants:  9,617,334 share purchase warrants to purchase 9,617,334 shares

Warrant exercise price:  35 cents for a two-year period

Number of placees:  10 placees

Insiders:  Compania de Tierras Sud Argentino S.A. (Diego Perazzo), 2,912,000; Alberto Francisco Orcoyen, 300,000; Diego Perazzo, 100,000; Carlos Massa, 100,000

Note that in certain circumstances, the exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.

For further details, please refer to the company's news release dated Aug. 28, 2014.