The company is pleased to announce that it has arranged a non-brokered private placement, subject to approval by the TSX. Proceeds of $201,000 will be raised by issuing 1,340,000 units at a price of $0.15 per unit. These funds will be used for general working capital purposes.


ON BEHALF OF THE BOARD OF DIRECTORS
"Donald G. Moore"
Donald G. Moore"
PRESIDENT & DIRECTOR