TORONTO–(BUSINESS WIRE)–Aquila Resources Inc. (TSX: AQA, OTCQB: AQARF) (“Aquila” or the “Company”) is pleased to announce that it has closed the previously announced transaction (the “Transaction”) to sell its Bend and Reef properties in Wisconsin to Green Light Metals Inc. (“GL”). All dollar amounts are reported in Canadian dollars. Total consideration of $7,000,000 payable to Aquila consists of: Upfront cash consideration of $2.1 million, of which $1 million was advanced as a deposit upon t