The TSX Venture Exchange has accepted for filing documentation pertaining to an amendment agreement dated Aug. 15, 2023, to a joint venture agreement between the company and Azincourt Energy Corp. Pursuant to the terms set forth in the amendment agreement, the company shall pay $150,000 cash and issue one million common shares to Azincourt. This is in lieu of the exploration expenditures of approximately $543,000, incurred during the company participation in the 2022 exploration program, consistent with its right and obligation under the agreement.

For further details, please refer to the company's news release dated Aug. 22, 2023.