Trident Resources Acquires Saskatchewan Mineral Dispositions

Trident Resources Corporation has announced the closing of a transaction to acquire up to 100% interest in 7 mineral dispositions, totaling approximately 4,711 hectares, within the La Ronge Gold Belt in Northern Canada===Saskatchewan, Canada. The agreement was made with Eagle Plains Resources, which will receive a C$5,000 cash payment and a 2.0% net smelter returns royalty. The transaction received approval from the TSX Venture Exchange. Timothy Termuende, a director for both Trident Resources Corporation and Eagle Plains Resources, was noted as a 'Non-Arm's Length Party' in the deal. This acquisition is strategic for Trident Resources Corporation, as the new dispositions are contiguous with its existing high-grade gold projects and offer multiple high-priority targets.