Mr. Nader Vatanchi reports
SPEY RESOURCES CORP. AMENDS KASLO OPTION AGREEMENT
Spey Resources Corp. has amended the option agreement whereby the company may earn an undivided 100-per-cent interest in and to the Kaslo silver property, located in the Slocan mining division of Southern British Columbia.
Pursuant to the amendment, in lieu of the final $120,000 cash payment due pursuant to the agreement, the company has agreed to pay $60,000 and issue 1.2 million common shares in the capital of the company at a deemed price of five cents per share. This represents the final payment in order for the company to earn a 100-per-cent interest in the property under the agreement.
About Spey Resources Corp.
Spey Resources is a Canadian lithium-focused mineral exploration company which has an 80-per-cent interest in the Candela II lithium brine project located in the Incahuasi salar, Salta province, Argentina. Spey also holds an option to acquire a 100-per-cent interest in the Kaslo silver project, west of Kaslo, B.C.
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