Therma-Med, Inc. (OTCPK: THRA) signed a letter of intent to acquire Ag/Zn/Pb Mineralized Property in Slocan on May 18, 2011. The letter of Intent is subject to an exclusivity period until June 01, 2011, during which both parties agree to negotiate the final terms and conditions for the definitive agreement. The letter of intent will be superseded by a definite agreement and closing will be subject to several conditions including and limited to, completion of satisfactory due diligence and the receipt of required third party consents. Therma-Med, Inc. (OTCPK:THRA) cancelled the acquisition of Ag/Zn/Pb Mineralized Property in Slocan on May 18, 2012.