Jan 13 (Reuters) - Kootenay Silver Inc KTN.V :
* Agreement with Northair Silver to acquire all of the issued and outstanding
common shares of Northair
* Says upon completion of the transaction, Northair will become a wholly-owned
subsidiary of Kootenay
* Under the terms, Northair shareholders will receive, for each common share of
Northair held, 0.35 common shares of Kootenay
* Former shareholders of Northair will hold approximately 40% of the shares of
Kootenay on an outstanding shares basis
* Says ken berry will remain chairman and james mcdonald will remain as
president & CEO of the combined company
* Source text for Eikon ID:nCCN2s2y1k
* Further company coverage KTN.V