Apogee Minerals Ltd (TSE:APMI) has released an update.
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.