The TSX Venture Exchange has accepted for filing the company's proposal to issue 2,965,712 shares to settle outstanding debt for $133,457.02.

Number of creditors:  seven creditors

Aggregate non-arm's-length party involvement:  four creditors, $87,500.025, 4.5 cents per share, 1,944,445 shares

Aggregate pro group involvement:  three creditors, $45,957.015, 4.5 cents per share, 1,021,267 shares