The TSX Venture Exchange has accepted for filing the documentation relating to the acquisition of seven million units of the company's subsidiary, Debut Diamonds Inc., each unit being composed of one treasury share and one common share purchase warrant at 40 cents for five years. The consideration payable by the company consists of the issuance of 21 million subscription receipts at a deemed issue price of 10 cents per subscription receipt, each subscription receipt being composed of one common share and one common share purchase warrant at 15 cents for five years.