The company announced amendments to its Dory Property Option Agreement and the Project 176 and Project Itza Property Option Agreement. These amendments extend the earn-in periods for both properties, allowing the company more time to complete the required exploration expenditures and share issuances to acquire full ownership.
Amendments to the Dory Property Option Agreement and to the Project 176 and Project Itza Property Option AgreementPursuant to the amendment to the Dory Agreement the parties agreed to extend for one additional year the term to incur $100,000 in exploration expenditures and the issuance of 250,000 common shares in order to earn the remaining 49% interest in the Dory Property. The Company already earned the 51% interest in the Dory Property.
Pursuant to the amendment to the Project 176 and Project Itza Agreement, the parties agreed to extend for one additional year the term to make the remaining cash payments and to issue shares to the optionors.
3,000,000 shares to the optionors to earn 100% in Project 176 and Project Itza. The Company already paid $100,000 and issued 1,000,000 shares to the optionors pursuant to the Project 176 and Project Itza Agreement.The Company is a Canadian mineral exploration company, focused on the acquisition and development of mineral projects, with the objective to enhance value to all its stakeholders. The Company has mineral exploration projects in British Columbia and Nunavut, Canada.
The Company trades on the OTCQB Venture Market for early stage and developing U.S. and international companies. Companies are current in their reporting and undergo an annual verification and management certification process. Investors can find Real-Time quotes and market information for the company onThe Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.
Altius interprets the award as providing for significant expansion of its royalty rights on the Silicon project held by AngloGold.Indonesia is the world’s biggest exporter of coal and relies on it for the majority of its power needs.Taseko expects production increase at Gibraltar mine in 2025Equinox Gold shares surge following record-breaking production yearHudbay increases stake in Arizona Sonoran to 9.
Mining Exploration Agreements Earn-In Canada
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