The TSX Venture Exchange has accepted for filing the company's proposal to issue 10,445,254 shares and 10,445,254 share purchase warrants to settle outstanding debt for $1,566,788.02.

Number of creditors:  11 creditors

Warrants:  10,445,254 share purchase warrants to purchase 10,445,254 shares

Warrant exercise price:  16 cents for a two-year period

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