12:01 PM EST - Icon Industries Ltd. : said it signed a letter of agreement with Seabridge Gold Inc. and its subsidiary, Seabridge Gold Corp. for the acquisition of an option to acquire a 100-per-cent interest in Seabridge's claim groups known as the Hog Ranch and Estill property, located in Washoe County, northwest Nevada. According to the transaction, Seabridge would receive $500 thousand and one-million shares of Icon Industries, upon which Seabridge shall grant Icon the option to purchase 100 per cent of Seabridge's right, title and interest in the property. Icon Industries Ltd.
shares V.ICN are trading even at $0.12.