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Message: 2.4-million-share private placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Dec. 16, 2014.

First tranche

Number of shares: 2.4 million shares

Purchase price: Five cents per share

Warrants: 2.1 million share purchase warrants to purchase 2.1 million shares

Warrant exercise price: 10 cents or a two-year period

Number of placees: 16 placees

Insiders: Frances Petryshen, 100,000; Ridge Resources Ltd., 300,000

Finder's fee: $2,000 plus 40,000 warrants exercisable at 10 cents per share for two years is payable to Canaccord Genuity Corp.

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