The TSX Venture Exchange has accepted for filing the company's proposal to issue 74,166 shares at a deemed price of 20.5 cents per share to settle outstanding debt for $15,203.96.

Number of creditors: one creditor

Aggregate non-arm's-length party involvement:  one party, $15,203.96, 20.5 cents a share, 74,166 shares

The company shall issue a news release when the shares are issued and the debt extinguished.