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Effective December 8, 2010, the Company's Prospectus dated

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PackerFan007   Sunday, 12/26/10 12:34:18 AM
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Effective December 8, 2010, the Company's Prospectus dated December 6, 2010 was filed with and accepted by TSX Venture Exchange, and filed with and receipted by the Securities commissions for Newfoundland and Labrador, Prince Edward Island, Nova Scotia, New Brunswick, Ontario, Manitoba, Saskatchewan, Alberta and British Columbia, pursuant to the provisions of the respective Securities Acts.

TSX Venture Exchange has been advised that closing occurred on December 14, 2010, for gross proceeds of $23,028,750 (including over-allotment option).

Underwriters: Cormark Securities Inc., Canaccord Genuity
Corp., Macquarie Capital Markets Canada
Ltd., GMP securities L.P. and Toll Cross
Securities Inc.

Offering: 22,250,000 shares

Share Price: $0.90 per share

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