Supernova Metals Corp. announced that it has entered into an option agreement with 79 Resources Ltd. whereby SNR can acquire 100% of the Lac Saint Simon lithium property in the James Bay/Eeyou Istchee region of Quebec. Pursuant to the terms of the agreement, SNR is required to make cash payments totaling $155,000, issue 1,500,000 common shares and incur a minimum of $700,000 of exploration expenditures over a three year period. Supernova will retain a 2% net smelter returns royalty of which SNR can purchase one half (or 1%) from the Company in exchange for a cash payment of $1,000,000.