Apogee Minerals Ltd (TSE:APMI) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Apogee Minerals Ltd. has negotiated an extension of their option agreement with Eagle Plains, allowing them to delay a CAD $50,000 payment and extend the exploration expenditure deadlines for the Pine Channel Property. In exchange for this flexibility, Apogee will issue 50,000 common shares to Eagle Plains upon regulatory approval. This amendment maintains the same total expenditure requirements as the original agreement.
For further insights into TSE:APMI stock, check out TipRanks’ Stock Analysis page.