10:02 AM EST - Nippon Dragon Resources Inc. : has signed an exclusive distribution agreement with NDR Japan Co. Ltd. for its patented Thermal Fragmentation mining method. Highlights of the agreement include the granting of the exclusive rights to NDR-J for the distribution, deployment and usage of the Corporation's exclusive and patented Thermal Fragmentation mining method in Japan, a 50/50 sharing of net profits from Thermal Fragmentation contracts carried out by NDR-J and a close working relationship for the continued development and promotion of the technology. Nippon Dragon Resources Inc.
shares V.NIP are trading unchanged at $0.10.
