The TSX Venture Exchange has accepted for filing documentation with respect to a brokered private placement announced April 29, 2004.
Shares: 4.08 million flow-through shares
Price: 25 cents per share
Placees: 37
Pro groups: Mark Russell 60,000; Yasmin Kanji 60,000; Robert Sellars 100,000; John Panneton 100,000; Steven L. Sandler 100,000; Richard Cohen 40,000
Agent: Dundee Securities Corp.
Commission: 8-per-cent cash commission on total gross proceeds; compensation warrants exercisable for 326,400 common shares at an exercise price of 25 cents per share