10:16 AM EST - Northland Resources S.A. : announced that the Company and the Finnish state enterprise Metsahallitus have entered into a preliminary agreement, whereby Metsahallitus agrees to sell to Northland real estate located in the Akasjoki region of the Kolari municipality, in northern Finland. The agreement includes 69 separate lots in the Akasjoki region with a total of 9,710 floor square metres of permitted building space and three lots located in the Hannukainen region belonging to Metsahallitus. The total purchase price amounts to approximately EUR 4 million. The agreement is expected to be finalized in August 2011. Northland Resources S.A.
shares T.NAU are trading up $0.06 at $2.96.
