26/09/17 - TSX Venture Exchange Bulletins
TSX VENTURE COMPANIES
BULLETIN V2026-2948
APOGEE MINERALS LTD. ("APMI")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: September 17, 2026
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to APMI's arm's length option (the "Option") to acquire up to a 100% interest in the Knife Lake Project (the "Property") pursuant to an option agreement (the "Agreement") between APMI and Trident Resources Corp. (the "Vendor").
Pursuant to the terms of the Agreement, to exercise the Option APMI will pay to the Vendor an aggregate of $400,000 in cash; issue to the Vendor an aggregate of 7,400,000 shares in the capital of APMI (each, a "Share"); issue to the Vendor additional Shares having an aggregate value of $700,000; and incur a minimum of $1,000,000 in exploration expenditures on the Property. Notwithstanding the foregoing, APMI will not issue any Shares to the Vendor to the extent that, after giving effect to such issuance, the Vendor will hold 10% or more of the issued and outstanding Shares.
The transaction is arm's length in nature. No finder's fee was paid.
For further details, please refer to APMI's news releases dated July 14, 2026 and September 16, 2026.
_______________________________________
|
|
