I just got Kodiak's NR; I think that the following sentence adds some clarity:

"This agreement will provide for the continued exploration of Kodiak's Otish Mountain properties while allowing the Energy Division to focus its attention and financial resources on its flagship West Millennium uranium project in Saskatchewan's Athabasca Basin."

Maybe this is the best deal that Kodiak could come up with given the lack of lustre in U3O8 these days.

Sam