The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced May 20, 2015. Number of shares:12 million share Purchase price:Eight cents per share Warrants:Six million share purchase warrants to purchase six million shares Warrant exercise price:14 cents for a two-year period Number of placees:Six placees Note that in certain circumstances, the exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term. For further details, please refer to the company’s news release dated May 27, 2015.