Vancouver, British Columbia--(Newsfile Corp. - May 5, 2021) - Prism Resources Inc. (TSXV: PRS) (THE "COMPANY') reports that Detour Gold Corp., a wholly owned subsidiary of Kirkland Lake Gold Inc. has initiated an appeal of the summary judgement ruling issued by the Superior Court of Ontario in favour of the Company on April 1, 2021. (see Prism News Release dated April 6, 2021).It has always been the position of the Company that the royalty was and remains fully enforceable against Detour and Kirkland Lake Gold Inc. The Company will continue to strongly defend its rights and interests to the f...

Vancouver, British Columbia--(Newsfile Corp. - April 6, 2021) - Prism Resources Inc. (TSXV: PRS) (The "Company") reports that the Ontario Superior Court of Justice ruled on April 1, 2021 that the Company's 7.5% Net Profit Interest in Detour's Aurora claims block and Sunday Lake claims block (the "Royalty") constitutes an interest in property held by the Company and is enforceable as against Detour. The Court also awarded costs in favour of the Company.The Company had announced on April 30, 2019 that it had filed a Statement of Claim against Detour. In its claim, the Company sought, among oth...

VANCOUVER, BC, April 6, 2021 /CNW/ - The following issues have been halted by IIROC: Company: Prism Resources Inc. TSX-Venture Symbol: PRS All Issues: Yes Reason: Improper dissemination of news Halt Time (ET): 12:23 PM IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada. SOURCE Investment Industry...