Silicon Metals Corp. announced that the Company has entered into an amendment agreement on October 31, 2024, amending the Hedge Hog Property Option Agreement with Eastfield Resources Ltd. The Hedge Hog Project is located 15km north of the town of Wells in the Caribou Mining Division of central British Columbia. Under the existing terms of the agreement, to maintain the option in good standing, the Company was required to incur expenditures of $25,000 on June 21, 2024, make a cash payment of $70,000 and issue $40,000 worth of shares on December 21, 2024, and incur expenditures of $1.63 million, make a final cash payment of $80,000 and issue $90,000 worth of shares on December 21, 2025.
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12-27 | Silicon Metals Corp. announced that it has received CAD 0.442145 million in funding | CI |
12-02 | Silicon Metals Corp. announced that it expects to receive CAD 0.32 million in funding | CI |
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- Silicon Metals Corp. Amends the Hedge Hog Property Option Agreement with Eastfield Resources Ltd