TSX Venture Exchange Daily Bulletins

VANCOUVER, April 25, 2016 /CNW/ -

TSX VENTURE COMPANIES

ALX URANIUM CORP. ("AL")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  April 25, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing Property Agreements dated April 13, 2016 between the Company and Ryan Kalt whereby the Company has acquired a 100% right, title and interest in and to the Carter Corridor North Property and Carter Corridor South Property that is located in Saskatchewan.  The aggregate consideration is 250,000 common shares.

________________________________________

BUFFALO COAL CORP. ("BUF")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE: April 25, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 6,136,353 shares to settle outstanding debt for $306,817.65.

Number of Creditors:                

1 Creditor

 

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

________________________________________

BUFFALO COAL CORP. ("BUF")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE: April 25, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 57,000,240 shares to settle outstanding debt for $2,850,012.

Number of Creditors:                           

1 Creditor









Insider / Pro Group Participation:











Insider=Y /   

          Amount

        Deemed Price


Creditor                                             

Progroup=P 

             Owing

               per Share

          # of Shares

Recsource Capital Fund V L.P.           

Y                    

$2,850,012

$0.05

57,000,240

 

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

________________________________________

CANOPY GROWTH CORPORATION ("CGC")
BULLETIN TYPE:  Prospectus-Share Offering
BULLETIN DATE:  April 25, 2016
TSX Venture Tier 2 Company

Effective April 8, 2016, the Company's Short Form Prospectus dated April 8, 2016, was filed with and accepted by TSX Venture Exchange (the "Exchange"), and filed with and receipted by the Securities Commissions for each of the provinces of Canada with the exception of Quebec, pursuant to the provisions of the respective Securities Acts.

TSX Venture Exchange has been advised that closing occurred on April 15, 2016, for gross proceeds of $11,505,750.

Underwriters:                            

Dundee Securities Ltd. and GMP Securities L.P.



Offering:                                    

5,002,500 shares (including 652,500 shares exercised pursuant to  the Underwriter's over-allotment option, which has been fully exercised.



Share Price:                               

$2.30 per share



Underwriter's Fee:                      

$539,975

 

________________________________________

CWC ENERGY SERVICES CORP. ("CWC")("CWC.RT")
BULLETIN TYPE:  Rights Offering-Shares
BULLETIN DATE:  April 25, 2016
TSX Venture Tier 1 Company

The Company has announced it will offer to Shareholders of record on May 2, 2016, Rights to purchase shares of the Company.  One (1) Right will be issued for each share held. Every three (3) Rights and $0.15 are required to purchase one Share.  The expiry date for the Rights Offering is May 31, 2016.  As at April 22, 2016, the Company had 292,638,007 shares issued and outstanding.

Effective at the opening, Thursday, April 28, 2016, the shares of the Company will trade Ex-Rights and the Rights will commence trading at that time on a 'when issued basis'.  The Company is classified as an 'Energy Services' company.

Summary:




Basis of Offering:                                                          

Three (3) Rights exercisable for One (1) Share at $0.15 per Share.



Record Date:                                                                 

May 2, 2016

Shares Trade Ex-Rights:                                                

April 28, 2016

Rights Called for Trading:                                              

April 28, 2016

Rights Trade for Cash:                                                   

May 26, 2016 at 12:00 pm EST (noon)

Rights Expire:                                                                 

May 31, 2016 at 4:30 pm EST



TRADE DATES




May 26, 2016 - TO SETTLE – May 27, 2016

May 27, 2016 - TO SETTLE - May 30, 2016

May 30, 2016 - TO SETTLE - May 31, 2016

May 31, 2016 - TO SETTLE - May 31, 2016



Rights Trading Symbol:                                                  

CWC.RT

Rights CUSIP Number:                                                    

12671H113



Subscription Agent and Trustee:                                     

Computershare Investor Services Inc.

Authorized Jurisdiction(s):                                                

Alberta

 

For further details, please refer to the Company's Rights Offering Circular dated April 25, 2016.

The Company's Rights Offering Circular (the "Circular") has been filed with and accepted by the Alberta and Ontario Securities Commissions.

The Circular has been filed under Multilateral Instrument 11-102 Passport System in British Columbia, Saskatchewan, Manitoba, New Brunswick, Nova Scotia, Quebec, Prince Edward Island, Newfoundland and Labrador, Nunavut, Yukon Territory, and the Northwest Territories. A receipt for the Circular is deemed to be issued by the regulator in each of those jurisdictions, if the conditions of the Instrument have been satisfied.

________________________________________

EARTHWORKS INDUSTRIES INC. ("EWK")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  April 25, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 3, 2016:

Number of Shares:                                        

715,000 shares





Purchase Price:                                             

$0.15 per share





Warrants:                                                      

357,500 share purchase warrants to purchase 357,500 shares





Warrant Exercise Price:                                  

$0.25 for a two year period, subject to an accelerated expiry





Number of Placees:                                       

8 Placees





Insider / Pro Group Participation:




Insider=Y /


Name                                                             

ProGroup=P                                                                                     

# of Shares

David Andrews                                               

Y                                                                                                                

70,000

 

The Company issued a news release on April 25, 2016 confirming closing of the private placement. Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.

________________________________________

FIRST GROWTH HOLDINGS LTD. ("FGH")
BULLETIN TYPE:  Halt
BULLETIN DATE:  April 25, 2016
TSX Venture Tier 2 Company

Effective at 8:34 a.m. PST, April 25, 2016, trading in the shares of the Company was halted at the request of the Company, pending news. This regulatory halt is imposed by Investment Industry Regulatory Organization of Canada, the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules.

________________________________________

HEMPCO FOOD AND FIBER INC. ("HFF")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  April 25, 2016
TSX Venture Tier 2 Company

Effective at 7:45 a.m. PST, April 25, 2016, shares of the Company resumed trading, an announcement having been made.

________________________________________

MAGELLAN MINERALS LTD. ("MNM")
BULLETIN TYPE:  Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE:  April 25, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 9, 2016:

Convertible Debenture:              

$1,675,000



Conversion Price:                       

Convertible into shares at $0.06 in the first year and $0.10 in years two through five, if applicable.



Maturity date:                              

on the earlier of a) five business days after the date of termination of an arrangement agreement dated February 16, 2016 between Anfield Nickel Corp. and Magellan or b) 30 days after the date upon which the arrangement becomes effective.



Interest rate:                                

8% per annum



Number of Placees:                     

1 Placee

 

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly.

________________________________________

MAGELLAN MINERALS LTD. ("MNM")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE:  April 25, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 2,202,377 shares to settle outstanding debt for $187,202.

Number of Creditors:                

1 Creditor

 

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

________________________________________

MCW ENERGY GROUP LIMITED ("MCW")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE:  April 25, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 2,005,140 common shares to settle outstanding debt for US$205,556.

Number of Creditors:                

2 Creditors

 

For futher details, please refer to the Company's news release dated April 8, 2016.

________________________________________

MINSUD RESOURCES CORP. ("MSR")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  April 25, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 31, 2016:

Number of Shares:                                        

10,000,000 common shares





Purchase Price:                                             

$0.10 per share





Warrants:                                                      

10,000,000 share purchase warrants attached to purchase 10,000,000 shares





Warrant Exercise Price:                                  

$0.35 for a two year period





Number of Placees:                                       

13 Placees





Insider / Pro Group Participation:




Insider=Y /


Name                                                             

ProGroup=P                                                                                                    

# of Shares

Compania de Tierras Sud



Argentino S.A.                                               

Y                                                                                                                          

3,200,000

 

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.

________________________________________

NATURALLY SPLENDID ENTERPRISES LTD. ("NSP")
BULLETIN TYPE:  Warrant Term Extension
BULLETIN DATE:  April 25, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has consented to the extension in the expiry date of the following warrants:

Private Placement:




# of Warrants:                                                    

1,237,450

Original Expiry Date of Warrants:                        

April 25, 2016

New Expiry Date of Warrants:                              

April 25, 2017

Exercise Price of Warrants:                                 

$0.30

 

These warrants were issued pursuant to a private placement of 6,843,500 shares with 3,421,750 share purchase warrants attached, which was accepted for filing by the Exchange effective April 28, 2014.

________________________________________

NEWCASTLE GOLD LTD. ("NCA")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  April 25, 2016
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 22, 2016:

Number of Shares:                   

2,181,818 common shares



Purchase Price:                        

$0.275 per share



Number of Placees:                   

1 Placee

 

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.

________________________________________

NORTHERN SUN MINING CORP. ("NSC")
BULLETIN TYPE:  Halt
BULLETIN DATE:  April 25, 2016
TSX Venture Tier 2 Company

Effective at 5:00 a.m. PST, April 25, 2016, trading in the shares of the Company was halted at the request of the Company, pending news. This regulatory halt is imposed by Investment Industry Regulatory Organization of Canada, the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules.

________________________________________

NOVA LEAP HEALTH CORP.  ("NLH.P")
BULLETIN TYPE: New Listing-CPC-Shares
BULLETIN DATE: April 25, 2016
TSX Venture Tier 2 Company

The Capital Pool Company's ("CPC") Prospectus dated February 19, 2016, has been filed with and accepted by TSX Venture Exchange and the Nova Scotia, New Brunswick, Newfoundland and Labrador, Ontario, British Columbia and Alberta Securities Commissions effective February 19, 2016, under the provisions of the Nova Scotia, New Brunswick, Newfoundland and Labrador, Ontario, British Columbia and Alberta Securities Acts. The common shares of the Company will be listed and admitted to trading on TSX Venture Exchange, on the effective dates stated below.

The gross proceeds to be received by the Company for the offering are $350,000 (3,500,000 common shares at $0.10 per share).

Listing Date:                                                          

At the close of business (5:01 p.m. EDT) on April 25, 2016.




Commence Date:                                                  

The common shares will commence trading on TSX Venture


Exchange at the opening Tuesday, April 26, 2016, upon


confirmation of closing.




The closing of the public offering is scheduled to occur before the market opening on Tuesday, April 26, 2016.

A further notice will be issued upon receipt of closing confirmation.




Corporate Jurisdiction:                                             

Canada





Capitalization:                                                         

Unlimited

common shares with no par value of which


13,500,000

common shares are issued and outstanding

Escrowed Shares:                                               

10,000,000

common shares




Transfer Agent:                                                        

Computershare Investor Services Inc. – Halifax and Toronto

Trading Symbol:                                                      

NLH.P

CUSIP Number:                                                        

66980G109

Agent:                                                                      

Richardson GMP Limited.




Agent's Options:                                                      

350,000 options to purchase one share at $0.10 for a period of


24 months from the date of the listing.




For further information, please refer to the Company's prospectus dated February 19, 2016.




Company Contact:                                                   

Mr. Christopher Dobbin, Director, President, CEO and CFO

Company Address:                                                   

1969 Upper Water Street, Suite 2108, Halifax, Nova Scotia  B3J 3R7

Company Phone Number:                                        

(902) 401-9480

Company Fax Number:                                            

(902) 446-2001

Company email:                                                       

cdobbin@precipicecapital.com




Seeking QT primarily in the following sector:            

unspecified

 

______________________________________

PETROSHALE INC. ("PSH")
BULLETIN TYPE:  Shares for Bonuses
BULLETIN DATE:  April 25, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 2,000,000 bonus 2,000,000 common share purchase warrants ("Warrants") to Alpine Capital Corp. and Todd Slawson Trust (collectively, the "Lenders"), both Non-Arms Length Parties, in consideration for entering into an amended loan agreement with the Company, whereby the subordinated loan facility capacity has increased to US$80.0 million and the maturity date has been extended to December 31, 2017.  Each warrant will allow the holder to acquire one common share at $0.75 for a period of two years from the date of issue.


Shares 

            Warrants

Alpine Capital Corp.                                         


1,625,000

Todd Slawson Trust                                         


375,000

 

________________________________________

POET TECHNOLOGIES INC. ("PTK")
BULLETIN TYPE:  Halt
BULLETIN DATE:  April 25, 2016
TSX Venture Tier 2 Company

Effective at 7:50 a.m. PST, April 25, 2016, trading in the shares of the Company was halted at the request of the Company, pending news. This regulatory halt is imposed by Investment Industry Regulatory Organization of Canada, the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules.

________________________________________

RESERVOIR MINERALS INC. ("RMC")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  April 25, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 25, 2016:

Number of Shares:                                                            

12,174,928 shares





Purchase Price:                                                                 

$9.40 per share





Insider / Pro Group Participation:




Insider=Y /


Name                                                                                

ProGroup=P                                                                           

# of Shares

Nevsun Resources Ltd.                                                     

Y                                                                                               

12,174,928

 

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly.

________________________________________

SKEENA RESOURCES LIMITED ("SKE")
BULLETIN TYPE:  Halt
BULLETIN DATE:  April 25, 2016
TSX Venture Tier 2 Company

Effective at 9:33 a.m. PST, April 25, 2016, trading in the shares of the Company was halted at the request of the Company, pending news. This regulatory halt is imposed by Investment Industry Regulatory Organization of Canada, the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules.

________________________________________

SKEENA RESOURCES LIMITED ("SKE")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE:  April 25, 2016
TSX Venture Tier 2 Company

Effective at 11:00 a.m. PST, April 25, 2016, shares of the Company resumed trading, an announcement having been made.

________________________________________

TELSON RESOURCES INC. ("TSN")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  April 25, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 1, 2016:

Number of Shares:                                        

12,367,333 shares





Purchase Price:                                             

$0.12 per share





Warrants:                                                      

6,183,667 share purchase warrants to purchase 6,183,667 shares





Warrant Exercise Price:                                  

$0.12 for a two year period





Number of Placees:                                        

11 Placees





Insider / Pro Group Participation:







Insider=Y /


Name                                                              

ProGroup=P                                                                                     

# of Shares

Arturo Bonillas                                                 

Y                                                                                                              

407,264

Estrategica Corporativa en



Finanzaras                                                     

Y                                                                                                            

3,333,333

 

________________________________________

TIO NETWORKS CORP. ("TNC")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE:  April 25, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange Inc. (the "Exchange") has accepted for filing documentation pertaining to an agreement dated July 13, 2015 (the "Agreement"), among TIO Networks Corp. (the "Company") and Softgate Systems, Inc. ("Softgate").  Pursuant to the Agreement, the Company has acquired all of the issued and outstanding common shares of Softgate.

Under the terms of the Agreement, the consideration was 25,000,000 common shares of the Company, cash of US$4,617,488, and the issuance of an aggregate of US$4,128,103 in promissory notes to Softgate.

Insider / Pro Group Participation:  Not applicable.

For additional information please refer to the Company's news releases dated July 15, 2015, and April 25, 2016.

________________________________________

TRIDENT GOLD CORP. ("TTG.H")
[formerly Trident Gold Corp.  ("TTG")]
BULLETIN TYPE: Property-Asset or Share Disposition Agreement, Transfer and New Addition to NEX, Symbol Change
BULLETIN DATE: April 25, 2016
TSX Venture Tier 2 Company

Property-Asset or Share Disposition Agreement:

TSX Venture Exchange has accepted for filing the documentation of the Company relating to the sale of the Company's wholly owned subsidiary, Trident Gold Holding Corp, through which the Company indirectly holds Marquesa Gold Project, Columbia to Bullet Holding Corp. (the parent company to Grupo de Bullet S.A.S.) ("Bullet"), in consideration for the full and final settlement of the net balance outstanding on indebtedness owned by the Company to Bullet, as well as assuming debts and outstanding liabilities of the Company in Columbia and a 1.25% NSR royalty on the Marquesa Gold Project.

The Company has issued a press release dated April 20, 2016 disclosing that the above transaction has been completed.

New Addition to NEX, Symbol Change:

In accordance with TSX Venture Policy 2.5, the Company has not maintained the requirements for a TSX Venture Tier 2 company. Therefore, effective at the opening on Tuesday, April 26, 2016, the Company's listing will transfer to NEX, the Company's Tier classification will change from Tier 2 to NEX, and the Filing and Service Office will change from Montréal to NEX.

As of Tuesday, April 26, 2016, the Company is subject to restrictions on share issuances and certain types of payments as set out in the NEX policies.

The trading symbol for the Company will change from "TTG" to "TTG.H". There is no change in the Company's name, no change in its CUSIP number and no consolidation of capital. The ".H" symbol extension differentiates NEX symbols from Tier 1 or Tier 2 symbols within the TSX Venture market.

The Company is classified as a "Metal Ore Mining: Gold and Silver Ore Mining" Issuer (NAICS Number: 21222).

_______________________________________

VANSTAR MINING RESOURCES INC. ("VSR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: April 25, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the documentation relating to an agreement dated December 3, 2015 and amended on March 1, 2016, in connection with the acquisition of up to 50% interest in PRH Gold project located in the Rouyn-Noranda region, in the Province of Québec, from Vantex Resources Ltd. (the "Vendor") (TSX Venture: "VAX"). The consideration payable by the Company consists of exploration work commitment of a total of $2,000,000 exploration expenditure over five years.

For further information, please refer to the Company's press release dated March 29, 2016.

RESSOURCES MINIÈRES VANSTAR INC. (« VSR »)
TYPE DE BULLETIN : Convention d'achat de propriété, d'actif ou d'actions
DATE DU BULLETIN : Le 25 avril 2016
Société du groupe 2 de TSX Croissance

Bourse de croissance TSX a accepté le dépôt de documents relativement à une convention d'acquisition datée du 3 décembre 2015 et amendée le 1 mars 2016, concernant l'acquisition par la société d'un intérêt maximum de 50 % dans le projet PRH Gold situé dans la région de Rouyn-Noranda dans la province du Québec. L'intérêt est acquis de la société Ressources Vantex Ltée. (le « vendeur ») (TSX Croissance : « VAX »). La considération payable par la société sera d'un engagement d'exécuter 2 000 000 $ de travaux d'exploration sur une période de cinq ans.

Pour plus d'information, veuillez vous référer au communiqué de presse émis par la société le 29 mars 2016.

________________________________________

VIER CAPITAL CORP. ("VIE.P")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE: April 25, 2016
TSX Venture Tier 2 Company

Further to the TSX Venture Exchange Bulletin dated March 7, 2016, effective at the open on Tuesday, April 26, 2016, the shares of the Company will resume trading, no announcements to be made.

________________________________________

ZADAR VENTURES LTD. ("ZAD")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  April 25, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 19, 2016:

Number of Shares:                              

9,998,215 shares



Purchase Price:                                   

$0.07 per share



Warrants:                                            

9,998,215 share purchase warrants to purchase 9,998,215 shares



Warrant Exercise Price:                        

$0.15 for a one year period



Number of Placees:                              

22 Placees



Finder's Fee:                                       

$5,040.00 plus 72,000 finder's warrants is  payable to Canaccord Genuity Corp.


$9,440.00 plus 134,857 finder's warrants is payable to Haywood Securities


$2,800 plus 40,000 finder's warrants is payable to PI Financial Corp.

 

________________________________________

NEX COMPANIES

ALDERSHOT RESOURCES LTD. ("ALZ.H")
BULLETIN TYPE:  Halt
BULLETIN DATE:  April 25, 2016
NEX Company

Effective at 1:42 p.m. PST, April 22, 2016, trading in the shares of the Company was halted at the request of the Company, pending news. This regulatory halt is imposed by Investment Industry Regulatory Organization of Canada, the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules.

________________________________________

SABER CAPITAL CORP. ("SAB.H")
BULLETIN TYPE:  Halt
BULLETIN DATE:  April 25, 2016
NEX Company

Effective at 12:41 p.m. PST, April 22, 2016, trading in the shares of the Company was halted at the request of the Company, pending news. This regulatory halt is imposed by Investment Industry Regulatory Organization of Canada, the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules.

________________________________________

TILTING CAPITAL CORP. ("TLL.H")
BULLETIN TYPE: Reinstated for Trading
BULLETIN DATE: April 25, 2016
NEX Company

Further to the TSX Venture Exchange Bulletin dated March 4, 2016, the Exchange has been advised that the Cease Trade Orders issued by the Alberta Securities Commission dated March 4, 2016 and the British Columbia Securities Commission dated March 7, 2016 have been revoked.

Effective at the opening Tuesday, April 26, 2016 trading will be reinstated in the securities of the Company.

_______________________________________

SOURCE TSX Venture Exchange

For further information: Market Information Services at 1-888-873-8392, or email: information@venture.com


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