Mr. Byron Coulthard of BRS Resources
reports
BRS RESOURCES LTD. ANNOUNCING ENTRY INTO AMENDING AGREEMENT WITH CARIBOO ROSE RESOURCES LTD.
BRS Resources Ltd. has entered into an amending agreement dated April 10, 2026, with Cariboo Rose Resources Ltd. to the option agreement dated Dec. 19, 2022, as amended Feb. 13, 2024, Dec. 11, 2024, and Dec. 15, 2025, whereby the parties agreed to: (i) decrease the cash payment due Dec. 19, 2026, from $70,000 to $30,000, decrease the cash payment due Dec. 19, 2027, from $100,000 to $40,000 and add a cash payment due Dec. 19, 2028, of $100,000; (ii) decrease the share issuances due Dec. 19, 2026, from $50,000 to $30,000, decrease the share issuances due Dec. 19, 2027, from $50,000 to $30,000 and add a share issuance of $40,000 due Dec. 19, 2028; and (iii) decrease the expenditure due Dec. 19, 2026, from $500,000 to $450,000, decrease the expenditure due Dec. 19, 2027, from $900,000 to $450,000 and add expenditures of $500,000 due Dec. 19, 2028.
About BRS Resources Ltd.
BRS is a mineral exploration company focused on the identification, evaluation and acquisition of mineral exploration properties located in Canada and the United States and, once acquired, the exploration of those properties. BRS's principal property is the Cowtrail property, which is currently in the exploration stage. The Cowtrail property consists of 32 minerals claims covering 4,400 hectares located in south-central British Columbia, Canada.
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