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Aquila Resources Inc.

11:44 AM EST - Aquila Resources Inc. : Announced that it has commenced the Feasibility Study and construction implementation plan for its Back Forty project in Michigan's Upper Peninsula. The study will run in parallel with the permitting approval process, which was deemed administratively complete on November 26, 2015. The study was awarded to Lycopodium Minerals Canada Ltd., a leading international project management and engineering firm, based in Toronto. Aquila Resources Inc.
shares T.AQA are trading unchanged at $0.15.