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On June 27, 2016, the Company acquired a 100% interest, subject to retained royalties, in the Bazooka, McWatters and Arrowhead claims located in northern Quebec, Canada for consideration of 3,870,000 common shares of the Company.

The Arrowhead property consists of 19 mineral claims in a continuous claim block totalling 400.76 hectares. The property is located in the NE corner of Joannes Township (NTS Map Sheet 32D/07), approximately 30 km east of Rouyn-Noranda, Quebec. The centre of the property is situated at UTM coordinates 672400E/5349300N (NAD 83).

An NI 43-101 technical report on the Arrowhead property dated March 20, 2016 has been filed on SEDAR at