Bullet Exploration Inc. Eases Payment Terms

Bullet Exploration, Inc. (TSE:AMMO) has released an update.

Bullet Exploration Inc., under its subsidiary 136 Nevada, has revised the payment schedule for the Jefferson Gold Property in Nevada, reducing near-term cash outflow and extending the payment period. The updated terms spread the payment over additional years with a significant final payment in 2027, and include a 1% net smelter return until a total of $10 million is paid.

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