TSX Venture Exchange Daily Bulletins

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TSX Venture Exchange

Jan 30, 2015, 17:08 ET

VANCOUVER, Jan. 30, 2015 /CNW/ -

TSX VENTURE COMPANIES:

ALLIANCE MINING CORP. ("ALM")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE:  January 30, 2015 
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,104,186 shares to settle outstanding debt for $55,209.30.

Number of Creditors:                  2 Creditors

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

________________________________________

BRAZIL RESOURCES INC. ("BRI")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  January 30, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 15, 2014 and December 23, 2014:

Number of Shares:                    

8,103,506 shares


Purchase Price:                        

$0.55 per share


Warrants:                                 

8,103,506 share purchase warrants to purchase 8,103,506 shares


Warrant Exercise Price:            

$0.75 for a five year period


Number of Placees:                   

60 Placees

Insider / Pro Group Participation:

Insider=Y /


Name                                                              

ProGroup=P                                  

# of Shares

Amir Adnani Corp.(Amir Adnani)                         

Y                                     

545,454

KCO, LLC (Olivier Garret)                                   

Y                                       

200,000

David Kong                                                       

Y                                            

50,000

Pat Obara                                                        

Y                                     

40,000

Xemex Investment Ltd. (Mario Garnero)               

Y                                          

643,636

Finder's Fee:                            

$11,719.40 cash payable to Milestone Media AG (Christian Klingebiel)

$1,078 cash payable to Wolverton Securities Ltd.

$87,395 cash payable to ReQuest Equity Corp. (Marin Katusa)

$32,725 cash payable to Workingprocess Inc. (Ethan Park)

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s).  The Company must also issue a news release if the private placement does not close promptly.

________________________________________

CASCADERO COPPER CORPORATION ("CCD")
BULLETIN TYPE:  Warrant Price and Term Amendment
BULLETIN DATE:  January 30, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has consented to the reduction in the exercise price and to the term extension of the following warrants:

Private Placement:


Warrant Price Amendment


# of Warrants:                                                   

12,709,999

Forced Exercise Provision:                               

If the closing price for the Company's shares is $0.0625 or greater for a period of 10 consecutive trading days, then the warrant holders will have 30 days to exercise their warrants; otherwise the warrants will expire on the 31st day.

Original Exercise Price of Warrants:                     

$0.25

New Exercise Price of Warrants:                          

$0.05


Warrant Term Extension # of


Warrants:                                                   

12,709,999

Original Expiry Date of Warrants:                         

February 13, 2015

New Expiry Date of Warrants:                              

February 13, 2017

These warrants were issued pursuant to a private placement of 12,709,999 shares with 12,709,999 share purchase warrants attached, which was accepted for filing by the Exchange effective April 26, 2012.

________________________________________

C-COM SATELLITE SYSTEMS INC. ("CMI")
BULLETIN TYPE:  Notice of Dividend
BULLETIN DATE:  January 30, 2015
TSX Venture Tier 1 Company

The Issuer has declared the following distribution(s):

Distribution per Share:                                                                           

$0.0125

Payable Date:                                                                                       

February 26, 2015

Record Date:                                                                                        

February 12, 2015

Ex-Distribution Date:                                                                             

February 10, 2015

________________________________________

CYPRIUM MINING CORPORATION ("CUG")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: January 30, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's documentation in connection with the issuance of an aggregate of 484,800 common shares pursuant to a financing of US$303,000 of 12%, thirteen months, unsecured, non-convertible debentures (the "Debentures").

Number of Placees:                    5 Placees

Insider / Pro Group Participation:            

Name

Insider=Y /

ProGroup=P

Number of Shares

1210119 Alberta Ltd. (Alain Lambert)

Y

17,600

One and Company Capital Corp. (Alain Lambert)

Y

33,600

André St-Michel

Y

33,600

Finders' fee:                             

SG Strategy Consult AG received US$20,000 in cash and 20 non-transferable warrants to purchase one Debenture at US$1,000 per Debentures for a period of 18 months from closing.

For more information regarding that financing, please refer to the Company's press releases dated December 31, 2014 and January 2, 2015.

CORPORATION MINIÈRE CYPRIUM (« CUG »)
TYPE DE BULLETIN : Émission d'actions en paiement de primes
DATE DU BULLETIN : Le 30 janvier 2015
Société du groupe 2 de TSX croissance

Bourse de croissance TSX a accepté le dépôt de documents par la société, relativement à l'émission d'un total de 484 800 actions ordinaires dans le cadre d'un financement de 303 000 $ US sous forme de débentures non-garanties, non-convertibles, comportant un taux d'intérêt annuel de 12 % et échéant dans 13 mois (les « débentures »).

Nombre de souscripteurs :          5 souscripteurs

Participation Initié / Groupe Pro :            

Nom

Initié = Y /

Groupe Pro = P

Nombre d'actions

1210119 Alberta Ltd. (Alain Lambert)

Y

17 600

One and Company Capital Corp. (Alain Lambert)

Y

33 600

André St-Michel

Y

33 600



Honoraires d'intermédiation:      

SG Strategy Consult AG a reçu 20 000 $ US en espèces et 20 bons de souscription non-transférables permettant de souscrire une débenture au prix de 1 000 $ US par débentures pendant une période 18 mois suivant la clôture.

Pour de plus amples renseignements, veuillez référer aux communiqués de presse du 31 décembre 2014 et 2 janvier 2015.

_______________________________

ELECTRA STONE LTD. ("ELT")
[formerly Electra Gold Ltd. ("ELT")]
BULLETIN TYPE:  Name Change
BULLETIN DATE:  January 30, 2015
TSX Venture Tier 2 Company

Pursuant to a resolution passed by shareholders on January 19, 2015, the Company has changed its name as follows.  There is no consolidation of capital.

Effective at the opening on Monday, February 2, 2015, the common shares of Electra Stone Ltd. will commence trading on TSX Venture Exchange, and the common shares of Electra Gold Ltd. will be delisted.  The Company is classified as a 'Gold Mining' company.

Capitalization:                                     

Unlimited

shares with no par value of which

38,964,834

shares are issued and outstanding

Escrow:                                           

24,913,616

escrow shares

Transfer Agent:                                       

Computershare Trust Company of Canada

Trading Symbol:                                      

ELT                     

(UNCHANGED)

CUSIP Number:                                      

284764107

(NEW)

________________________________________

ELORO RESOURCES LTD. ("ELO")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE:  January 30, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 5,810,000 common shares at a deemed value of CDN$0.05 per share to settle outstanding debt for CDN$290,500.

Number of Creditors:                  9 Creditors

Insider / Pro Group Participation:

Insider=Y /                  

Amount              

Deemed Price


Creditor          

Progroup=P                

Owing                

per Share             

 # of Shares





Cartier Iron Corp.             

Y

$238,000

$0.05

4,760,000

(CSE listed)








Thomas Larsen        

Y

$10,000

$0.05

200,000

Miles Nagamatsu       

Y

$10,000

$0.05

200,000

Jorge Estepa          

Y

$10,000

$0.05

200,000

Alexander Horvath    

Y

$10,000

$0.05

200,000

Dusan Berka        

Y

$5,000

$0.05

100,000

Martin Bourgoin      

Y

$2,500

$0.05

50,000

For further details, please refer to the Company's news release dated January 26, 2015.

________________________________________

HONEY BADGER EXPLORATION INC. ("TUF")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  January 30, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 12, 2014:

Number of Shares:                    

5,633,200 flow-through shares and


816,600 non flow-through shares


Purchase Price:                        

$0.05 per share


Warrants:                                 

6,449,800 share purchase warrants to purchase 6,449,800 shares


Warrant Exercise Price:            

$0.05 for a two year period


Number of Placees:                   

3 Placees


Finder's Fee:                            

An aggregate of $21,350 in cash and 427,000 finders' warrants payable to Secutor Capital Management Corp. and Industrial Alliance.  Each finder's warrant entitles the holder to acquire one common share at $0.05 for a two year period.

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 December 12, 2014.

________________________________________

IMPERUS TECHNOLOGIES CORP. ("LAB")
BULLETIN TYPE:  Halt
BULLETIN DATE:  January 30, 2015
TSX Venture Tier 2 Company or

Effective at 9:58 a.m., PST, January 30, 2015, trading in the shares of the Company was halted at the request of the Company, pending news.  This regulatory halt is imposed by Investment Industry Regulatory Organization of Canada, the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules.

________________________________________

KHALKOS EXPLORATION INC. ("KAS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 30, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange (the "Exchange") has accepted for filing the documentation with respect to a Non-Brokered Private Placement:

Number of Shares:                    

1,666,662 common shares



Purchase Price:                        

$0.12 per common share



Warrants:                                 

833,329 warrants to purchase 833,329 common shares


Warrant Exercise Price:            

$0.15 for a period of 18 months following the closing of the Private Placement.


Number of Placees:                   

13 Placees

Insider / Pro Group Participation:

Name

Insider = Y /

Pro Group = P

Number

of Shares

Robert Gagnon

Y

458,333

Dominique Doucet

Y

7,333



The Company has announced the closing of the Private Placement via press release dated December 23, 2014.

EXPLORATION KHALKOS INC. (« KAS »)
TYPE DE BULLETIN: Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 30 janvier 2015
Société du groupe 2 de TSX Croissance

Bourse de croissance TSX (la « Bourse ») a accepté le dépôt de la documentation en vertu d'un placement privé sans l'entremise d'un courtier :

Nombre d'actions :                    

1 666 662 actions ordinaires



Prix :                                       

0,12 $ par action ordinaire



Bons de souscription :               

833 329 bons de souscription permettant de souscrire à 833 329 actions ordinaires


Prix d'exercice des bons :         

0,15 $ pour une période de 18 mois suivant la clôture du placement privé.


Nombre de souscripteurs :         

13 souscripteurs

Participation initié / Groupe Pro :

Nom

Initié = Y /

Groupe Pro = P

Nombre

d'actions

Robert Gagnon

Y

458 333

Dominique Doucet

Y

7 333

La société a confirmé la clôture du placement privé par voie d'un communiqué de presse daté du 23 décembre 2014.

______________________________________________

KHALKOS EXPLORATION INC. ("KAS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 30, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement:

Number of Shares:                    

1,999,998 flow-through common shares


Purchase Price:                        

$0.15 per flow-through common share


Number of Placees:                   

41 Placees

Insider / Pro Group Participation:

Name

Insider = Y /

Pro Group = P

Number

of Shares

Andre Proulx

Y

66,000

Jean-Paul Lacasse

Y

30,000

Dominique Doucet

Y

18,333

Aggregate Pro-Group Involvement
               (2 Placees)

P

66,000

Finders' Fees:                          

Finders collectively received $22,510 in cash and 79,800 common share purchase warrants at $0.15 for 12 months

The Company has announced the closing of the Private Placement via press release dated December 23, 2014.

EXPLORATION KHALKOS INC. (« KAS »)
TYPE DE BULLETIN: Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 30 janvier 2015
Société du groupe 2 de TSX Croissance

Bourse de croissance TSX a accepté le dépôt de la documentation en vertu d'un placement privé sans l'entremise d'un courtier :

Nombre d'actions :                    

1 999 998 actions ordinaires accréditives


Prix :                                       

0,15 $ par action ordinaire accréditive


Nombre de souscripteurs :         

41 souscripteurs

Participation initié / Groupe Pro :

Nom

Initié = Y /

Groupe Pro = P

Nombre

d'actions

Andre Proulx

Y

66 000

Jean-Paul Lacasse

Y

30 000

Dominique Doucet

Y

18 333

Aggregate Pro-Group Involvement
            (2 Placees)

P

66 000

Honoraires d'intermédiation :      

Des intermédiaires ont collectivement reçu 22 510 $ en espèces ainsi que 79 800 bons de souscription en actions ordinaires à 0,15 $ pour 12 mois.

La société a confirmé la clôture du placement privé par voie d'un communiqué de presse daté du 23 décembre 2014.

______________________________________________

NORTHWEST INTERNATIONAL HEALTHCARE PROPERTIES REAL ESTATE INVESTMENT TRUST ("MOB.UN") ("MOB.DB.B") ("MOB.DB.A") ("MOB.DB")
BULLETIN TYPE:  Share Purchase Agreement
BULLETIN DATE:  January 30, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation for an Internalization Agreement (the "Agreement") dated January 7, 2015 between the REIT and NorthWest Value Partners Inc. ("NWVP") and NWI Healthcare Properties LP.  Pursuant to the Agreement, the REIT acquired NWI Asset Management Inc., NWI NZ Management Company Limited, Vital Healthcare Management Limited, Australian Properties Limited and NWI Management GmbH for a total consideration of $6,588,000, settled by the indirect assumption of liabilities by the REIT in the amount of $8,078,612 and a promissory note issued by NWVP to the REIT in the amount of $1,490,612.

In connection with the Agreement, the REIT is issuing up to 3,994,661 deferred units to the new employees of the REIT to settle the above-noted $8,078,612 liabilities. Of these, 1,711,412 will be fully vested and the balance will be subject to future vesting conditions.

________________________________________

PANTHEON VENTURES LTD. ("PVX")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  January 30, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 22, 2014. This financing is being conducted under the Notice to Issuers dated April 7, 2014:

Number of Shares:                    

14,833,333 shares


Purchase Price:                        

$0.03 per share


Warrants:                                 

14,833,333 share purchase warrants to purchase 14,833,333 shares


Warrant Exercise Price:            

$0.10 for a two year period


Number of Placees:                   

32 Placees

Insider / Pro Group Participation:

Insider=Y /


Name                                                              

ProGroup=P                                  

# of Shares

Mardu Investments Ltd.                                     

Y                                   

1,383,667

Michael Adam Blady                                         

Y                                   

760,000

Aggregate Pro Group Involvement                       

P                                  

900,000

               [3 Placees]

Finder's Fee:                            

$1,800 payable to PI Financial Corp.

$180 payable to Canaccord Genuity Corp.

$840.60 payable to Jordan Capital Markets Inc.

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s).  The Company must also issue a news release if the private placement does not close promptly.  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.

________________________________________

PUMA EXPLORATION INC. ("PUM")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  January 30, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement:

Number of Shares:                    

666,667 common shares



Purchase Price:                        

$0.15 per common share



Warrants:                                 

666,667 warrants to purchase 666,667 common shares


Warrants Exercise Price:           

$0.20 per share until January 15, 2017


Number of Placees:                   

1 Placee

The Company has confirmed the closing of the above-mentioned Private Placement pursuant to a press release dated January 15, 2015.

EXPLORATION PUMA INC. (« PUM »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 30 janvier 2015
Société du groupe 2 de TSX Croissance

Bourse de croissance TSX a accepté le dépôt de la documentation en vertu d'un placement privé sans l'entremise d'un courtier :

Nombre d'actions :                    

666 667 actions ordinaires



Prix :                                       

0,15 $ par action ordinaire



Bons de souscription :               

666 667 bons de souscription permettant de souscrire à 666 667 actions ordinaires


Prix d'exercice des bons :         

0,20 $ l'action jusqu'au 15 janvier 2017


Nombre de souscripteurs :         

1 souscripteur

La société a confirmé la clôture du placement privé par voie de l'émission d'un communiqué de presse daté du 15 janvier 2015.

___________________________________________

ROBEX RESOURCES INC. ("RBX")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  January 30, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement announced on December 30, 2014:

Number of Shares:                               

142,857,142 common shares



Purchase Price:                                  

$0.07 per common share


Number of Placees:                             

1 Placee

Insider / Pro Group Participation:            

Name

Insider=Y /

ProGroup=P

Number of

 Shares

Georges Cohen

Y

142,857,142

The Company has confirmed the closing of the above-mentioned Private Placement by way of press release dated January 21, 2015.

RESSOURCES ROBEX INC. (« RBX »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 30 janvier 2015
Société du groupe 2 de TSX Croissance

Bourse de croissance TSX a accepté le dépôt de la documentation en vertu d'un placement privé sans l'entremise d'un courtier annoncé le 30 décembre 2014 :

Nombre d'actions :                              

142 857 142 actions ordinaires


Prix :                                                  

0,07 $ par action ordinaire



Nombre de souscripteurs :                   

1 souscripteur

Participation Initié / Groupe Pro :            

Nom

Initié = Y /

Groupe Pro = P

Nombre

d'actions

Georges Cohen

Y

142 857 142

La société a confirmé la clôture du placement privé par voie de communiqué de presse émis le 21 janvier 2015.

__________________________________________________

SHAMARAN PETROLEUM CORP. ("SNM.RT")
BULLETIN TYPE:  Rights Expiry-Delist
BULLETIN DATE:  January 30, 2015
TSX Venture Tier 2 Company

Effective at the opening on February 4, 2015, the Rights of the Company will trade with Special Settlement.  The Rights expire on February 9, 2015 and will therefore be delisted at the close of business on Monday, February 9, 2015.

TRADE DATES

February 4, 2015 - TO SETTLE – February 6, 2015
February 5, 2015 - TO SETTLE – February 6, 2015
February 6, 2015 - TO SETTLE – February 9, 2015
February 9, 2015 - TO SETTLE – February 9, 2015

The above is in compliance with Trading Rule C.2.18 – Expiry Date:
Trading in the rights shall be for cash for the three trading days preceding the expiry date and also on expiry date. On the expiry date, trading shall cease at 12 o'clock noon E.T. and no transactions shall take place thereafter except with permission of the Exchange.

________________________________________

SIRIOS RESOURCES INC. ("SOI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 30, 2015
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement:

Number of Shares:                    

2,000,000 flow-through common shares


Purchase Price:                        

$0.10 per flow-through common share


Number of Placees:                   

26 Placees

Insider / Pro Group Participation:

Name

Insider = Y /

Pro Group = P

Number

of Shares

Dominique Doucet

Y

10,000

Aggregate Pro-Group Involvement
            (2 Placees)

P

140,000

Finders' Fees:                          

Finders collectively received $13,480 in cash and 68,400 common share purchase warrants at $0.10 for 12 months

The Company has announced the closing of the Private Placement via press release dated December 19, 2014.

RESSOURCES SIRIOS INC. (« SOI »)
TYPE DE BULLETIN: Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 30 janvier 2015
Société du groupe 1 de TSX Croissance

Bourse de croissance TSX a accepté le dépôt de la documentation en vertu d'un placement privé sans l'entremise d'un courtier :

Nombre d'actions :                    

2 000 000 actions ordinaires accréditives


Prix :                                       

0,10 $ par action ordinaire accréditive


Nombre de souscripteurs :         

26 souscripteurs

Participation initié / Groupe Pro :

Nom

Initié = Y /

Groupe Pro = P

Nombre

d'actions

Dominique Doucet

Y

10 000

Group pro
(2 souscripteurs)

P

140 000

Honoraires d'intermédiation :      

Des intermédiaires ont collectivement reçu 13 480 $ en espèces ainsi que 68 400 bons de souscription en actions ordinaires à 0,10 $ pour 12 mois.

La société a confirmé la clôture du placement privé par voie d'un communiqué de presse daté du 19 décembre 2014.

______________________________________________

SIRIOS RESOURCES INC. ("SOI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 30, 2015
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement:

Number of Shares:                    

6,823,001 common shares


Purchase Price:                        

$0.07 per common share


Warrants:                                 

3,411,500 warrants to purchase 3,411,500 common shares


Exercise Price of Warrants:       

$0.10 over a period of 12 months following the closing of the Private Placement


Number of Placees:                   

7 Placees

The Company has announced the closing of the Private Placement via press release dated December 19, 2014.

RESSOURCES SIRIOS INC. (« SOI »)
TYPE DE BULLETIN: Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 30 janvier 2015
Société du groupe 1 de TSX Croissance

Bourse de croissance TSX a accepté le dépôt de la documentation en vertu d'un placement privé sans l'entremise d'un courtier :

Nombre d'actions :                    

6 823 001 actions ordinaires



Prix :                                       

0,07 $ par action ordinaire



Bons de souscription :               

3 411 500 bons de souscription permettant de souscrire à 3 411 500 actions ordinaires


Prix d'exercice des bons de souscription suivant la clôture du placement privé                       

0,10 $ pour une période de 12 mois



Nombre de souscripteurs :         

7 souscripteurs

La société a confirmé la clôture du placement privé par voie d'un communiqué de presse daté du 19 décembre 2014.

______________________________________________

SMARTCOOL SYSTEMS INC. ("SSC")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  January 30, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 23, 2014 and January 12, 2015:

Number of Shares:                    

14,000,000 shares


Purchase Price:                        

$0.025 per share


Warrants:                                 

14,000,000 share purchase warrants to purchase 14,000,000 shares


Warrant Exercise Price:            

$0.05 for a one year period



$0.075 in the second year


Number of Placees:                   

13 Placees

Insider / Pro Group Participation:

Insider=Y /


Name                                                              

ProGroup=P                                  

# of Shares

Maxwell Mercantile Inc. (Theodore Konyi)            

Y                                 

4,000,000

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s).  The Company must also issue a news release if the private placement does not close promptly.  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.

________________________________________

SOURCE TSX Venture Exchange

Market Information Services at 1-888-873-8392, or email: [email protected]

Organization Profile

TSX Venture Exchange