Storm Exploration Amends Payment Terms for Property Acquisition

Storm Exploration (TSE:STRM) has released an update.

Storm Exploration Inc. has negotiated an extension of up to 18 months for the payment schedule under its Option Agreement with Landore Resources Canada Inc. for acquiring 100% interest in the Miminiska and Keezhik properties. This revision offers favorable commercial terms for Storm’s investors and ensures value preservation for Landore, amidst the potential of the properties to host multi-million-ounce gold deposits.

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