The TSX Venture Exchange has accepted for filing documentation with respect to a brokered and non-brokered private placement of common shares announced April 30, 2010, completed by the target in connection with the qualifying transaction.

Number of shares:  18,973,252 shares

Purchase price:  $2 per share

Hidden placees:  145 hidden placees

Insiders:  Mel K. Lawson, 10,000; David J. Copeland, 75,000; Gordon Fretwell, 40,000; R.E. Hallbauer, 25,000; Rene Carrier, 50,000; Michael McPhie, 75,000

Agents' fees:  $152,492 cash and 38,123 broker warrants payable to Salman Partners Inc. (Each broker warrant is exercisable into one additional common share of the company at $2.50 for an 18-month period.); $82,108 cash and 20,527 broker warrants payable to Wellington West Capital Markets Inc.; $120,000 cash and 30,000 broker warrants payable to Dahlman Rose & Company LLC