announces it has completed a first closing of a non-brokered private placement of up to $1,000,000. The Company accepted subscriptions for 3,050,000 units at a price of $0.10 per unit, for gross proceeds of $305,000. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share at $0.20 for a period of two years from the date of closing