The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced June 15, 2015.

Number of shares:  3,235,294 shares

Purchase price:  17 cents per share

Warrants:  1,617,647 share purchase warrants to purchase 1,617,647 shares

Warrant exercise price:  20 cents for a two-period

Number of placees:  Five placees

Insider:  Ronald Loucks, 600,000

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 June 30, 2015.