Further to the TSX Venture Exchange bulletins dated Sept. 8, 2020, and Oct. 21, 2022, the exchange has accepted for filing an amended agreement between Magna Terra Minerals Inc. and an arm's-length party in respect of the August, 2020, option agreement regarding the option to acquire a 100-per-cent interest in the Armstrong property. The agreement was accepted by the exchange on Sept. 8, 2020.

Pursuant to the amending agreement, the company has paid $31,807 in cash and issued 1,561,783 common shares of the company to the optionor, which completes the earn-in requirements to acquire the property.

For more information, please refer to the company's news releases dated Aug. 27, 2020, Aug. 31, 2020, Sept. 15, 2022, Oct. 12, 2022, and Sept. 27, 2023.