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Acadian Mining Corporation

09:42 AM EST - Acadian Mining Corporation : announced that it has entered into an agreement for the sale of one of its non-core assets. Acadian agreed to sell its Dufferin area claims to Ressources Appalaches, an exploration company that is currently developing the Dufferin Mine project in Nova Scotia. No resources have been identified on the claims being sold by Acadian. Acadian will receive $125,000 for the claims, with $50,000 paid on signing of the agreement and the balance due on the six-month anniversary. In addition, Acadian will retain a 2% net smelter return royalty on the claims, which may be purchased by Ressources Appalaches for $1 million. Acadian Mining Corporation

shares T.ADA are trading unchanged at $0.06.