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Sunday, November 23, 2014 11:52:19 AM
The Offering is for up to $2,000,000 (the “Offering Amount”) consisting of up to 20,000,000 units at a price of $0.10 per Unit.
Each Unit will consist of one common share in the capital of the Company and one-half of one share purchase warrant (each whole warrant a “Warrant”). Each Warrant will be exercisable to acquire one additional common share of the Company for a period of [24] months at a price of $[0.15] per common share, subject to acceleration under specified market conditions.
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