SHARE PURCHASE WARRANTS

3 Months Ended

Mar. 31, 2012

Notes to Financial Statements

SHARE PURCHASE WARRANTS

			Weighted Average
	Number of		Exercise
	Warrants		Price
Balance, December 31, 2010	-		-
Warrants granted with private placement		1,050,000	$	0.75
Balance, December 31, 2011	1,050,000		0.75
Warrants granted with private placement		667,000	$	1.00
Balance, March 31, 2012		1,717,000	$	0.85

Details of share purchase warrants outstanding as of March 31, 2012 are:

Number of Warrants Outstanding and Exercisable
Nunber		Exercise Price per Share		Expiry Date
	1,050,000	$	0.75	June 20, 2014
	667,000	$	1.00	January 10, 2015