Ann: Placement and Board Restructure , page-4

...as per MY math. understanding we´ll get maud 8,1
fm the placement which should be interpreted as solid
base to better future.......as shown in the folwg.summ.....


....The placement for 54 million shares at 1.5 cents per share will be conducted under the Company’s existing placement capacity pursuant to Listing Rule 7.1.

Proceeds from the placement will be allocated towards identifying acquisition opportunities.

Mr Wood and Mr McMaster are both executive directors of Garrison Capital and have extensive
experience in the resource industry.