The TSX Venture Exchange has accepted for filing an amendment to the option agreement with respect to the arm's-length acquisition of the Bam property, located 150 kilometres north of Stewart, B.C.

Under the original option agreement, the company was required to issue 800,000 shares and pay $550,000 to the vendor on June 29, 2023, to acquire an initial 70-per-cent interest in the Bam property. Under the amendment agreement, the company will now issue 800,000 shares on June 29, 2023, pay $200,000 on Sept. 30, 2023, and issue 200,000 shares and pay $550,000 on June 29, 2024, to acquire an initial 70-per-cent interest in the Bam property.