Since its past 45 days shouldn’t there be a press release regarding the .02 private placement??

2012-09-25 15:22 PT - News Release

The company also reports that it has arranged a non-brokered private placement of up to 10 million units at a price of two cents per unit for total proceeds of up to $200,000, subject to the approval of the TSX Venture Exchange. Up to 10 million units will be issued as non-flow-through units, consisting of one common share and one-half of one non-transferable warrant. Each whole warrant will entitle the holder to purchase one additional common share of the company at a price of five cents per share in the first year and 10 cents per share in the second and final year from the date of closing.