Prism Resources Inc.

0.05

Canada & British Columbia Vancouver

3540 West 41st Avenue, Suite 214

+1 604 803-4883

www.prismresourcesinc.com/

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Company Press Releases

Prism Reports Scheduling Update Regarding Litigation Against Detour Gold/Kirkland Lake on the Validity of a 7.5% NPI Royalty Payable to Prism Resources

Vancouver, British Columbia--(Newsfile Corp. - October 8, 2020) -  Prism Resources Inc. (TSXV: PRS) (the "Company") reports that Prism has received written endorsement from the Ontario Superior Court of Justice regarding scheduling for Summary Judgment proceedings in respect of a dispute between Detour Gold and Prism on the validity of a 7.5% NPI royalty on properties to the south of Detour's operations, including the 58N zone discovery. In summary, Detour must produce its materials by November 6th, following which there is a schedule for reply materials, cross examinations, written argum...

Prism Resources Updates the Status of Its 7.5% Royalty on the Detour Lake South Property

Vancouver, British Columbia--(Newsfile Corp. - July 6, 2020) - Prism Resources Inc. (TSXV: PRS) (the "Company") is pleased to inform its shareholders of significant drill results from the drilling program conducted by Kirkland Lake Gold Ltd. ("Kirkland Lake") on the 58 North Zone in which the Company has a 7.5% NPI Royalty Interest (the "Royalty"). In a June 29, 2020 News Release, Kirkland Lake reported high grade gold results from infill and step-out drilling. According to Kirkland Lake's News Release, drilling at the 58 North Zone intersected high grades up to 175.0 m west of the current und...

Prism Resources Inc. Receives Schedule of Dates for Summary Judgement of Claim Against Detour

VANCOUVER, British Columbia, Dec. 12, 2019 (GLOBE NEWSWIRE) -- Prism Resources Inc. (TSX.V: PRS) (the “Company”) announces that its application for Summary Judgement against Detour Gold Corp. (“Detour”) has been scheduled for hearing in Ontario Superior Court of Justice on May 28, 2020.  The Company announced on April 30, 2019 that it had filed a Statement of Claim against Detour. In its claim the Company seeks general damages of $10,000,000.00; special damages, costs and interest, as well as a declaratory judgement that its 7.5% net profit interest...

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