/THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ VANCOUVER, Dec. 7, 2016 /CNW/ - The Company announces that, subject to the acceptance of the TSX Venture Exchange, it intends to proceed with a private placement of up to 1,449,275 shares ($500,000) at $0.345 per share (the "Private
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