ITEM 3.02 UNREGISTERED SALES OF EQUITY SECURITIES






Private Placements

On December 10, 2020 we entered into private placements for aggregate gross proceeds of US $22,737 (Cnd$32,100) (the "Offering"). Under the Offering, the Corporation issued an aggregate of 535,000 units ("Units"), at a price of US $.0425 (CND$0.06) per Unit. Each Unit was comprised of one common share in the capital of the Corporation (each a "Common Share") and one Common Share purchase warrant ("Warrant"). Each Warrant entitles the holder to purchase one Common Share at a price of CND$0.12 for a period of 30 months from the closing date.

On December 17, 2020 the Corporation entered into a private placement agreement for aggregate proceeds of US 121,770 (CND $172,200). The Corporation issued an aggregate of 2,460,000 units ("Units") at a price of US$.0495 (CND$0.07). Each Unit was comprised of one Common Share and one-half Warrant under the same terms as the Offering. Each Warrant entitles the holder to purchase one Common Share at a price of CND$0.20 for a period of 30 months from the closing date.

On December 17th 2020, the Corporation issued 245,000 share purchase warrants in connection with the above private placements. This share purchase warrants have an exercise price of CND $0.20 per share and which may be exercised at any time from the issuance date and expire on June 17th 2023.





Grant of Options

On December 17th, 2020 the Corporation issued 1,600,000 incentive stock options pursuant to the company's stock 2013 Long-Term Incentive Equity Plan. The stock option exercise price is CND $.10 per share, the options have a two-year term and are exercisable any time prior to December 17th, 2022.

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