Developing Bellechasse-­Timmins Gold Deposit

New Discovery Resulting in a 20KM Mineralized Gold Belt

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Message: We gotta set the record straight on the PP at .53

I'm just as excited as the next guy about this financing, but people keep saying that the PP was done at a price higher than the current sp. Not really so.

This was a flow-thru PP. The actual cost to the participant would depend on his/her income tax bracket. I think we can safely assume that Dwek is in the highest bracket, which would put his ACTUAL cost per PP share at .31-.32.

Hate to burst any bubbles out there, but facts are facts. Unless mine are wrong. In which case, I apologize ahead of time.

~snezzer

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