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NAP Napier Ventures Inc

0.065
0.00 (0.00%)
25 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Napier Ventures Inc TSXV:NAP TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.065 0.055 0.09 0 01:00:00

DIAGNOS Announces the Sale of the Harricana North Property to North American Palladium Ltd

05/11/2009 6:03pm

Marketwired Canada


DIAGNOS inc. ("DIAGNOS" or "the Corporation") (TSX VENTURE:ADK), a leader in the
use of artificial intelligence and advanced knowledge extraction techniques,
announces today that it has signed an agreement with North American Palladium
Ltd ("NAP") to sell the Harricana North Property located in Quebec's Abitibi
region north-north-west of its wholly-owned Sleeping Giant mine and mill. The
Harricana North Property, which offers excellent potential for gold
mineralization, consists of 133 non-contiguous claims and covers a surface area
of approximately 7,490 hectares.


NAP will acquire a 100% interest in the property in exchange for a payment of
$20,000 and a 2% Net Smelter Return (NSR) royalty payable to DIAGNOS.


Furthermore, a $55,000 service contract has also been signed with NAP to use our
CARDS (Computer Aided Resources Detection System), which NAP plans to use on its
wholly-owned Sleeping Giant and Dormex properties.


Michel Fontaine, Vice-President - Business Development of DIAGNOS, stated that
"We are proud to work with individuals that have shown in the past determination
and perseverance. Our CARDS system will become the standard reference in order
to predict high probability targets in the mining industry."


About DIAGNOS

Founded in 1998, DIAGNOS is a publicly traded Canadian corporation (TSX
VENTURE:ADK), with a mission to commercialize technologies combining contextual
imaging and traditional data mining thereby improving decision making processes.
DIAGNOS offers products, services, and solutions to clients in a variety of
fields including healthcare, natural resources, and entertainment.


The TSX Venture Exchange has not reviewed and does not accept responsibility for
the adequacy or accuracy of this press release.


For further information, please visit our website at www.diagnos.com or the
SEDAR website at www.sedar.com. You may also contact our investor relations
representative.


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