The TSX Venture Exchange has accepted for filing the company's proposal to issue 2,598,750 shares and 2,598,750 share purchase warrants to settle outstanding debt for $51,975.

Number of creditors:  one creditor

Warrants:  2,598,750 share purchase warrants to purchase 2,598,750 shares

Warrant exercise price:  five cents for a two-year period

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