11:48 AM EST - Acadian Mining Corporation : announced that it has entered into an agreement for the sale of two of its non-core assets. Acadian agreed to sell its Tangier and Forest Hill properties to a private company that plans to develop the gold properties. Acadian will receive $700,000 for the two non-core assets; $500,000 was paid on the signing of the agreement, $100,000 is payable after three months, and the balance is due after six months. Acadian retains a 1% Net Smelter Return royalty on each project; each royalty has a buyout option of $1 million. Acadian Mining Corporation
shares T.ADA are trading unchanged at $0.06.
