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Trailbreaker Resources Ltd
Symbol TBK
Shares Issued 40,689,834
Close 2025-11-18 C$ 0.28
Market Cap C$ 11,393,154
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Trailbreaker Resources property agreement amended

2025-11-18 20:57 ET - Property Agreement

The TSX Venture Exchange has accepted for filing an amending agreement dated Nov. 3, 2025, between Trailbreaker Resources Ltd. and an arm's-length optionor. This agreement modifies the terms of the original option agreement, which was entered into on or about Nov. 21, 2022, and pursuant to which the optionor granted the company an option to acquire a 100-per-cent interest in the Golden Echelon property, located in British Columbia, specifically modifying the company's final payment obligation, which was originally due on or before Nov. 16, 2025, and consisted of 50,000 common shares and a $25,000 cash payment.

The revised terms for satisfying the final payment are as follows:

  • The optionee must issue 25,000 common shares to the optionor by Nov. 16, 2025.
  • On or before May 16, 2026, the optionee must satisfy the remaining obligation by choosing one of the following two options:
    • Paying the optionor $25,000 cash and issuing 50,000 common shares;
    • Or issuing the optionor 175,000 common shares.

All other terms and conditions of the original option agreement remain in full force and effect.

For additional details, please refer to the company's news release dated Nov. 6, 2025.

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