The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced July 22, 2016, and Aug. 11, 2016.

Number of shares:  28,571,428 shares

Purchase price:  seven cents per share

Warrants:  14,285,714 share purchase warrants to purchase 14,285,714 shares

Warrant exercise price:  10 cents until Aug. 16, 2018

Number of placees:  36 placees

Finders' fees:  an aggregate of $54,956 in cash and 785,086 finders' warrants payable to PI Financial Corp., Industrial Alliance Securities Inc., Leede Jones Gable Inc., Sherbrooke Street Capital Inc., Foster & Associates Financial Services Inc., Mackie Research Capital Corp., Canaccord Genuity Corp. and Mezzo Consulting Services S.A. (Each finder's warrant entitles the holder to acquire one common share at seven cents until Aug. 16, 2018.)

Insiders:  Daniel Crandall, 100,000; G. Edmund King, 710,000; William R. Johnstone, 100,000

Aggregate pro group involvement:  4,125,000 (six placees)

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.