IC Capitalight Corp. announced it is acquiring the 36% participating interest held by Western Troy Capital Resources Inc. in the Ashuanipi Gold Property Joint Venture (the "Joint Venture"), which will result in Capitalight holding an undivided 100% interest in the Ashuanipi Gold Property mineral claims. The Ashuanipi Gold Property, formerly known as the Schefferville Property, is an early-stage gold exploration property that has been held by the Joint Venture since it was formed in 2010 by Capitalight and Western Troy. The property has not been the subject of any exploration activities since 2011 when a drilling, airborne and geological sampling program was completed by the Company. To complete the acquisition, Capitalight will pay Western Troy a consideration of $25,000 plus 666,666 common shares and 333,333 common share purchase warrants exercisable at $0.075 per warrant for a period of two years. The acquisition is expected to close within five business days.