Effective June 14, 2010 (the “Effective Date”), the TSX Venture Exchange (“TSXV”) has adopted significant changes to its policies, which include amendments to the minimum listing requirements, tier maintenance requirements and capital pool company (“CPC”) policy, along with various other minor policy amendments. Applications filed with the TSXV prior to June 14, 2010, will be subject to the current policy requirements of the TSXV.

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