The TSX Venture Exchange has accepted for filing documentation with respect to the first tranche of a non-brokered private placement announced Sept. 29, 2010, and amended on Oct. 1, 2010.
Number of shares: One million shares
Purchase price: 25 cents per share
Warrants: One million share purchase warrants to purchase one million shares
Warrant exercise price: 35 cents for a two-year period
Insider: Pinetree Resource Partnership, one million