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Re: None

Monday, 03/16/2015 3:10:54 PM

Monday, March 16, 2015 3:10:54 PM

Post# of 165854
My email reply of whether our timeline has been affected

The recent issue that has dominated the message boards as of late is viewed by the company as a personal issue of mine.

The company's attorney says that it has zero impact on anything the company has planned including the CSE listing and the spinout.

Timelines also have not been impacted by it. That being said we are somewhat behind because of weather and snow cover issues related to the interim NI report being prepared by Patrick Chance that is required for the CSE listing. He needs a site visit and see the actual holes. So we are trying to get that done ASAP.

From there we expect to file our prospectus which has been completed and is awaiting the final Chance information and final accounting and audit information to be updated and then it will be submitted to the Ontario Securities Commission which is the first and main step of the listing.

Additionally we are working to get the final determination on the need for more drilling and if needed the specifics.

In the interim we are finalizing the new board of directors which will greatly expand our professional expertise as well as our sphere of contacts. We are also out presenting our story to potential end users, partners and investors.

So a lot is going on and we hope the efforts will show some accomplishments over the next few weeks.

Dan Byrnes