The
TSX Venture Exchange has accepted for filing documentation with respect to the first tranche of a non-brokered private placement announced Feb. 17, 2015.
Units: 8.7 million; each unit consists of one common share of the company and one-half of one common share purchase warrant
Price: five cents
Warrants: 4.35 million share purchase warrants to purchase 4.35 million shares
Exercise price: 7.5 cents for a period of two years from date of closing
Placees: 13
Insiders: Paul Gray 200,000;
Mark Ayranto 300,000;
David Rutt 200,000;
Jayco Holdings Inc. (A. Jay Collins) 900,000;
Tara Christie 400,000
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