03:31 PM EST - Copper Mountain Mining Corp : and Weststar Resources Corp. announce that it and Bearclaw Capital Corp. have entered into an arms-length Letter of Intent dated August 23, with Copper Mountain, whereby Copper Mountain will, subject to due diligence, enter into an exclusive option agreement to acquire up to 75% undivided interest in and to 25 mineral claims located in British Columbia, Canada, known as the Axe Property Weststar and Bearclaw currently hold the property as a joint venture, in which the parties hold 70% and 30% interests, respectively. Copper Mountain Mining Corp
shares T.CUM are trading down $0.02 at $1.72.