The TSX Venture Exchange has accepted documentation for filing regarding the amendment in the terms of purchase option agreements on its Satterly gold and Uchi gold properties.
Under the Satterly gold agreement, the company will issue 200,000 common shares to the optionors in replacement of the payment of $28,000.
Under the Uchi gold agreement, the company will issue 500,000 common shares to the optionors in replacement of the payment of $40,000 and issuance of 20,000 common shares.
The company has now earned a 100-per-cent interest in the Satterly gold project, subject to a 1.5-per-cent net smelter return (NSR) royalty in favour of the optionors, and a 100-per-cent interest in the Uchi gold project, subject to a 2.0-per-cent net smelter return royalty in favour of the optionors.
For further details, please refer to the company's news releases dated May 28, 2025, and June 13, 2025.
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