NEWS RELEASE
OPTIONS EXPIRE - NEW OPTIONS GRANTED
On April 19, 2005, five-year-old stock options expired that had been granted to acquire an aggregate of 2,175,000 shares at a price of $0.40 per share. The expired options of seven directors/officers and of one employee have been replaced as part of the grant of new options as follows; a new option was granted to an employee for the purchase of 30,000 shares at a price of $0.40 per share and new options were granted to directors/officers for the purchase of 2,225,000 shares at a price of $0.40 per share. The options are subject to a four-month hold period until August 20, 2005 and will expire April 20, 2015.
Jeffrey P. Dahl,
President
The TSX Venture Exchange has neither approved nor disapproved of the information contained herein.