BROSSARD, QUEBEC--(Marketwire - March 26, 2013) - DIAGNOS inc. ("DIAGNOS" or the "Company") (TSX VENTURE:ADK), a leader in knowledge extraction and artificial intelligence, is pleased to announce that it has entered into an agreement with Everton Resources Inc (TSX VENTURE:EVR) whereby Everton will purchase DIAGNOS 2% Net Smelter Return royalty interest on the Labrador Trough gold, nickel, copper and zinc properties.
On February 28, 2013 DIAGNOS sold its Net Smelter Royalty of 2% to Everton on its Labrador Trough gold, nickel, copper and zinc properties. Everton has acquired all of Diagnos' rights, title and interest to the royalty on these properties in exchange for 2,000,000 common shares and 500,000 common share purchase options. Each option will allow DIAGNOS to purchase an additional common share in Everton at $0.10 until 5 years from the date of grant. The transaction is subject to regulatory approval.
DIAGNOS has assembled a high level team of scientists with master degrees and PhDs in artificial intelligence, mathematics, imaging, geology and geophysics and a management team to support its customers in mining exploration.
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 and natural resources.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For further information, please visit our website at www.diagnos.com or the SEDAR website at www.sedar.com.