Rokmaster Resources (TSE:RKR) has released an update.
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Rokmaster Resources Corp. faces a financial hurdle as it receives a notice of default for not fulfilling a C$19.4 million payment due on February 25, 2024, under a 2019 agreement with Huakan International Mining Inc. This payment is crucial for Rokmaster to maintain its option to acquire 100% interest in the Revel Ridge Project, a property in British Columbia. The company has until April 8, 2024, to make the payment or risk termination of the agreement.
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