The TSX Venture Exchange has accepted for filing documentation the amended and restated option to acquire 60 per cent of the Holly and Motagua properties, Guatemala, dated Sept. 14, 2023, between the company and a non-arm's-length party (the optionor). Pursuant to the terms of the amending agreement, the company will no longer have the option to acquire the Holly-Banderas project from the optionor and will instead have the option to acquire the Holly-Motagua project from the optionor. All other terms of the original agreement, including the consideration, have not changed, except that the optionee's exploration expenditures that have been directed toward the Banderas project will instead be directed toward the Motagua project.

For further details, please refer to the company's news releases dated Sept. 18, 2023, and Feb. 21, 2024.