Gold’n Futures Mineral Corp. (TSE:FUTR) has released an update.
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Gold’n Futures Mineral Corp. has updated the terms of its option agreement with Argonaut Gold Inc. regarding the Hercules gold property, allowing for a restructured payment schedule and exploration commitments. The amendments provide Gold’n Futures with improved financial flexibility to focus more investment on exploration and enhance the company’s ability to attract third-party investors. Significant changes include a new payment of $350,000 due by the end of 2024, with exploration expenditures set at $7 million by the end of 2026, and the removal of the obligation to deliver a pre-feasibility study by 2027.
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