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Re: None

Wednesday, 10/03/2012 10:46:04 AM

Wednesday, October 03, 2012 10:46:04 AM

Post# of 165857
"In August 2012 the Company’s wholly-owned subsidiary, Nio-Star Corp, entered into a Letter of Intent to form a Joint Venture company (the “JV”) to finance the advanced exploration of Nio-Star’s Nemegosenda niobium property (the “property”) near Chapleau in Northern Northern Ontario. The parties to the Letter of Intent will enter into a definitive joint venture agreement upon obtaining approval of the appropriate Government Agencies."