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Spey Resources Corp (2)
Symbol SPEY
Shares Issued 11,210,054
Close 2024-09-09 C$ 0.04
Market Cap C$ 448,402
Recent Sedar Documents

Spey to make final Kaslo payment with half cash, shares

2024-09-09 18:24 ET - News Release

Subject: Spey Resources - Sept 9 NR Word Document

File: '\\swfile\EmailIn\20240909 152018 Attachment 2024_09_09 Spey NR - Kaslo Option Amendment.docx'

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{00049034:2}

{00049034:2}

SPEY RESOURCES CORP. AMENDS KASLO OPTION AGREEMENT

Vancouver, British Columbia - September 9, 2024 - Spey Resources Corp. (CSE: SPEY) (OTC: SPEYF) (FRA: 2JS) ("Spey" or the "Company") announces that the Company has amended the option agreement (the "Agreement") whereby the Company may earn an undivided 100% interest in and to the Kaslo Silver Property, located in the Slocan Mining Division of Southern British Columbia (the "Property").

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 1,200,000 common shares in the capital of the Company (the "Shares") at a deemed price of $0.05 per Share. This represents the final payment in order for the Company to earn a 100% interest in the Property under the Agreement.

Approved for release by the Board of Directors,

"Nader Vatanchi"

Nader Vatanchi

Chief Executive Officer

About Spey Resources Corp.

Spey Resources is a Canadian lithium focused mineral exploration company which has an 80% 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% interest in the Kaslo Silver project, west of Kaslo, British Columbia.

For more information, please contact:

Nader Vatanchi,

CEO, Director

nader@speyresources.ca

+1778-881-4631

Cautionary Note Regarding Forward-Looking Statements

This news release may include forward-looking statements that are subject to risks and uncertainties. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections, or conclusions will not prove to be accurate, that assumptions may not be correct, and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited those identified and reported in the Company's public filings under the Company's SEDAR profile at www.sedarplus.ca. Although the Company has attempted to identify important factors that could cause actual actions, events, or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.

The Canadian Securities Exchange (CSE) has not reviewed, approved, or disapproved the contents of this press release.

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