Trilliant Exploration Corporation (OTCPK:TTXP) signed a letter of intent to acquire 20% in Copper Island Mines Ltd for $0.06 million on June 11, 2012. The consideration includes issue of 1.5 million shares of Trilliant Exploration. The letter of agreement may be terminated by mutual written consent of Trilliant Exploration and Copper Island, upon execution by the parties of the memorandum of understanding or upon written notice by either party prior to the closing date. As on January 16, 2013, Trilliant Exploration and Copper Island Mines entered into definitive agreement.

Trilliant Exploration Corporation (OTCPK:TTXP) cancelled the acquisition of 20% in Copper Island Mines Ltd on July 16, 2013.