Mag Copper Limited announced that it has recently entered into a mining claim acquisition agreement with Northern Skye Resources Ltd. pursuant to which the Company has been granted an 80% interest in certain mining claims located in Hebecourt Township, Quebec. In addition, pursuant to the terms of the Agreement certain directors have agreed to resign from the board of directors of the company (Board) resulting in the Board being comprised of 2 nominees of Northern, 2 nominees of the company and one independent nominee selected by mutual consent of Northern and the company. John Cullen and David Reid have agreed to resign from the Board and Terry Loney, John Carter and Dan Weir have agreed to be appointed as directors of the company.