The TSX Venture Exchange has consented to the extension in the expiry date and price reduction of the following warrants.

Private placement/convertible debt financing

Number of warrants extended:  1,525,343

Original expiry date of warrants:  Feb. 21, 2019

New expiry date of warrants:  Dec. 1, 2020

Number of warrants repriced:  1,525,343

Original exercise price of warrants:  50 cents

New exercise price of warrants:  35 cents

These warrants were issued pursuant to a conversion of a private placement convertible debenture of $1.26-billion principal amount plus interest into 3,050,686 shares and 1,525,343 share purchase warrants, which was accepted for filing by the exchange effective Feb. 26, 2018.

Private placement

Number of warrants extended:  2,142,856

Original expiry date of warrants:  Aug. 4, 2019

New expiry date of warrants:  Dec. 1, 2020

Number of warrants repriced:  2,142,856

Original exercise price of warrants:  $1

New exercise price of warrants:  35 cents

These warrants were issued pursuant to a private placement of 4,285,712 shares and 2,142,856 share purchase warrants, which was accepted for filing by the exchange effective Aug. 23, 2017.

Private placement

Number of warrants extended:  3,736,428

Original expiry date of warrants:  Feb. 21, 2019, April 10, 2019, April 20, 2019

New expiry date of warrants:  Dec. 1, 2020

Number of warrants repriced:  3,736,428

Original exercise price of warrants:  50 cents

New exercise price of warrants:  35 cents

These warrants were issued pursuant to a private placement of 7,472,857 shares and 3,736,428 share purchase warrants, which was accepted for filing by the exchange effective July 3, 2018.

For further details, please refer to the company's news release dated Nov. 27, 2018.