TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 26, 2017:

    Number of Shares:                               1) 1,650,000 flow through shares

                                                2) 5,930,000 non flow through shares


    Purchase Price:                                  1) $0.30 per flow through share

                                                 2) $0.23 per non flow through share


    Warrants:                5,930,000 share purchase warrants to purchase 5,930,000
                             shares


    Warrant Exercise Price:                            $0.30 for a three year period


    Number of Placees:      14 Placees


    Finder's Fee:            an aggregate of $81,794, payable to Alpha North Asset
                             Management and Secutor Capital Management

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). 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.