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Northern Superior Resources Inc.

09:43 AM EST - Northern Superior Resources Inc. : Said it signed a letter of intent with for the sale of Northern Superior 50% ownership interest in the Ti-pa-haa-kaa-ning Joint Venture to Northern Superior for 25 million common shares of Northern Superior, and other consideration. The shares to be obtained by Lake Shore Gold would result in the Company holding approximately 19.97% of issued and outstanding shares of Northern Superior. Northern Superior Resources Inc. shares V.SUP are trading even at $0.14.