The TSX Venture Exchange has accepted for filing documentation with respect to a brokered private placement announced May 7, 2014.

Number of shares:  14 million flow-through shares

Purchase price:  Five cents per flow-through share

Warrants:  14 million share purchase warrants attached to purchase 14 million shares

Warrant exercise price:  Five cents for a four-year period

Number of placees:  Two placees

Total pro group involvement:  7,134,444 (one placee)

Agent's fee:  A total of $63,000 plus 1.4 million broker warrants (each exercisable into one unit at a price of five cents for a four-year period, each unit comprising one common share at one share purchase warrants exercisable at the same terms as above) is payable to IBK Capital Corp.