STRATABOUND MINERALS CORP. ("SB")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: December 12, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation amendments to existing option agreements between the Company and the Optionors of the Golden Culvert and Little Hyland properties in Yukon. The principal changes were to defer some of the payments from 2019 to later years, provide for the Company to receive a 40% interest in the property after the 2021 payment and to adjust the annual payment date to December 12 of each year. The company has the right, at its discretion, to make 50% of the annual payments by way of share issuances using the prior 30-day weighted average price of the shares immediately prior to the share issuance.
Insider / Pro Group Participation: None
For further information, please refer to the Company's press release dated December 5, 2019.
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