The Company is pleased to report it has increased its interest in the Lac Lamelee iron property located in the Fermont district of New Quebec to 100% through the transfer of 375,000 shares of Champion Minerals Inc. to its partner who will also retain a 1.5% NSR, of which 0.5% can be bought back for $1.5M. An advance royalty of $100,000 per year will be paid quarterly.

That's ~ $1,000,000 in CHM shares and advanced royalties.

Maybe Sheridan made it happen.

Kerry.