CMC Metals Ltd. announced that it has entered into a share purchase agreement with North Bay Resources Inc. to acquire 55.5% of its former subsidiary company 0877887 BC Ltd. and all of assets, rights, and responsibilities of the Bishop Mill located in California, USA from 1436132 B.C. Ltd. The Company also notes the resignation of Mr. Robert Wheeler as a Director. Robert has decided to fully retire and plans to spend more time with family.