The TSX Venture Exchange has accepted for filing the documentation with respect to a non-brokered private placement.

Number of shares:  4,865,000 flow-through common shares

Purchase price:  20 cents per flow-through common share

Number of placees:  39 placees

Insider:  Richard Provencher, 100,000

Total pro group involvement:  200,000 (four placees)

Finders' fees:  EMD Financial Inc., Canaccord Genuity Corp. and Dundee Capital Markets received a total of $57,610 in cash and non-transferable compensation options to purchase 288,050 common shares at an exercise price of 20 cents per share during a period of 24 months from the closing date of the private placement.

The company confirmed the closing of the private placement pursuant to the news releases dated July 20, 2015, Aug. 13, 2015, and Aug. 28, 2015.