Prospectus

(a) up to 13,333,333 Shares at an issue price of $0.075 per Share to Eligible Shareholders, together with one free-attaching Option, exercisable at $0.10 each on or before the date that is one year from the date of issue of the Options, for every two Shares subscribed for by Eligible Shareholders under the SPP, to raise up to $1,000,000 (SPP Offer); (b) up to 26,666,667 Options, exercisable at $0.