Rokmaster Resources (TSE:RKR) has released an update.
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Rokmaster Resources Corp. has inked a definitive option agreement with Kootenay Resources Inc. to potentially acquire up to a 60% interest in the Fox-Coconut and Mystery Properties in British Columbia. To secure this initial stake, Rokmaster must undertake extensive exploration work and share issuance over a four-year period, with the option to obtain the remaining 40% through additional shares and a net smelter returns royalty arrangement. The deal’s finalization hinges on regulatory approvals.
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