09:34 AM EST - Element79 Gold Corp : Announces an amendment to its Binding Option Agreement for the Maverick Springs Project. This amendment follows a productive negotiation with Green Power Minerals Pty Ltd. The original agreement dated August 28, 2023, and announced August 31 and October 23, 2023, has been updated to reflect the evolving interests and continued collaboration between the parties. The following amendments have been made pursuant to the Variation: Amendment of Share Allocation: The share component of the consideration has been adjusted from "CAD$1,500,000 worth of fully paid ordinary shares" to "3,500,000 fully paid ordinary shares." Increase in Cash Consideration: The cash consideration has been increased from "CAD$4,000,000" to "CAD$4,400,000". Element79 Gold Corp
shares C.ELEM are trading up $0.02 at $0.31.
Full Press Release: https://www.baystreet.ca/quotedata/quote.aspx?ticker=ELEM%3ACNX&qmodStoryID=7754597456849882
