NICE CLEAN FINANCING....

The private placement is being made at $0.82 per share and represents approximately 15% of the issued and outstanding common shares of the Company, for proceeds to the Company of $15,619,131.22. There are neither warrants nor other dilutive securities being issued, and no commissions nor finder's fees are being paid, in connection with the transaction. The shares are subject to a statutory four month hold period from the closing of the transaction, and the transaction remains subject to approval by the TSX Venture Exchange.