The TSX Venture Exchange has accepted for filing an amendment to the agreement dated Jan. 18, 2024, to the original purchase agreement dated Jan. 31, 2023, between Madoro Metals Corp. and arm's-length parties, whereby the company may acquire a 100-per-cent interest in 213 claims known as the First Green lithium project, located in Val d'Or, Que.

Under the amendment agreement, the vendors shall grant the company an extension on the due date on $150,000 of the exploration expenditures due on the property by Jan. 31, 2024, by extending the due date on $75,000 to Jan. 31, 2025, and $75,000 to Jan. 31, 2026. In addition, the vendors shall extend the due date on $18,000 of the second cash payment from Jan. 31, 2024, to July 31, 2024.

In consideration of the vendors agreeing to amend the agreement, the issuer shall issue the vendors an additional 600,000 common shares.

For further details, please refer to the company's news release dated Jan. 23, 2024.