Harfang Exploration Inc. announced a joint venture agreement with Kenorland Minerals Ltd. On January 16, 2018, a joint venture agreement was executed by Harfang and Kenorland regarding the Lac Fagnant Property, with the initial participating interests as: Harfang (50%) and Kenorland (50%). The operator of the joint venture will be Harfang for as long as its participating interest is equal to or greater than Kenorland's. If a participating interest is diluted to less than 10%, it will be converted into a 1% NSR royalty (the "Royalty"). The remaining participant will have the right to buy-back half of the Royalty (0.5% NSR) for $500,000 or, under certain circumstances, the aggregate Royalty (1% NSR) for $1,000,000.