12:30 PM EST - Red Lake Gold Inc : Is pleased to announce that it has entered into an arm’s-length agreement to acquire the Preston District Uranium Project, a large-scale uranium exploration project situated in Canada’s Athabasca Basin region. The Athabasca Basin is host to some of the world’s highest-grade uranium deposits and discoveries, including NexGen Energy Ltd.’s Arrow uranium deposit and Fission Uranium Corp.’s Triple R uranium deposit. and is in the politically secure jurisdiction of Saskatchewan, Canada. Red Lake Gold Inc
shares C.RGLD are trading unchanged at $0.25.