total proceeds of CDN $1,172,310 pursuant to Regulation S and section 4(2) of the United States Securities Act of 1933, as amended (the "U.S. Securities Act").
Milton Datsopoulos, a director of the Company, and Benjamin Ainsworth, President, Secretary and a director of the Company, subscribed for CDN $50,000 and CDN $10,050, respectively, of the non-brokered private placement offering.