From the Montreal Gazette:
While the Canadiens prospects were skating through 3-on-3 and 4-on-4 scrimmages at Development Camp (Max Pacioretty looked GREAT!), the team swung a minor deal, sending smurf-sized forward Corey Locke to the Wild for intriguing defence prospect Shawn Belle, Carey Price's former junior teammate.
Read the entire report here.
This trade will certainly benefit Locke, as he was not going to crack the Habs' roster anytime soon. The Wild need scoring more than the Habs, so his chances of seeing NHL action have improved with this move.
In Belle, the Habs get a depth defenseman who can skate and has a little bit of upside. Not a bad trade for them considering they weren't going to get much use out of Locke.
All in all, this trade should have a minimal effect on both team's fortunes.