03:46 PM EST - Quadra FNX Mining Ltd : and Sagamok Anishnawbek First Nation announced that they have signed a Memorandum of Understanding that will serve as a foundation for a working relationship between the parties with respect to the Advanced Exploration Program at Quadra FNX's Victoria Project until an Impacts and Benefits Agreement is concluded. The agreement process is being pursued in conjunction with environmental permitting for the Victoria Project. Quadra FNX Mining Ltd
shares T.QUX are trading down $0.12 at $15.20.