The TSX Venture Exchange has accepted for filing the company's proposal to issue 2,149,174 shares at a deemed price of nine cents to settle outstanding debt for $193,425.70.

Number of creditors:  one creditor

Total non-arm's-length-party involvement:  $193,425.70, 2,149,174 shares at nine cents (one party)

The company shall issue a news release when the shares are issued and the debt extinguished.