09:44 AM EST - True North Gems Inc. : announced the signing of an option and related agreements with LNS Greenland, a privately-held mining and construction company, whereby LNS Greenland can earn 20% of the issued and outstanding Class A shares of True North Gems Greenland A/S, a wholly-owned subsidiary, in exchange for approximately $23 million U.S. - the majority of the Aappaluttoq Mine capital costs. True North Gems Inc.
shares V.TGX are trading unchanged at $0.07.
