News

Oct 11, 2005

A Private Placement Of 5,000,000 Units

The Company is pleased to announce that a private placement of 5,000,000 units at a price of $0.10 per unit will be conducted. Each unit will consist of one common share and one share purchase warrant entitling the investor to purchase an additional common share in the Company at a price of $0.12 during the first year and $0.15 in the second year.­ The Placement includes up to 2,500,000 tax flow-through shares under the same terms.

Finder fees will be paid in accordance with TSX Venture policy.

On behalf of the Board of Directors:

S/ "Andrea Regnier"

Director

The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of this Release.