In connection with the qualifying transaction, the TSX Venture Exchange has accepted for filing the company's proposal to issue 2,666,666 common shares at a deemed price of 12 cents per share to settle outstanding debt of the company amounting to $320,000.

Number of creditors:  two creditors

Insiders:  Joe DeVries, 42,441; Simco Services Inc. (Joe DeVries), 2,624,225

For further details, please refer to the company's news release dated Jan. 18, 2021.