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Queenston Mining Inc.

03:32 PM EST - Queenston Mining Inc. : announced the closing of the transaction dated March 27, with Kirkland Lake Gold Inc whereby the Company entered into a purchase and sale agreement to sell its 50% interest in the properties held under Joint Venture with KL Gold located in Teck Township to KL Gold for $60 million cash and a royalty. Queenston Mining Inc. shares T.QMI are trading up $0.04 at $3.24.