Common Contracts
1 similar null contracts
June 28, 2016 – Vancouver, B.C.: Far Resources Ltd. (CSE:FAT) (“Far” or “the Company”) has further amended its option agreement (the "Amended Option Agreement") with Redline Minerals Inc. (“Redline”), Redline Mining Corporation ("RMC"), and Southwest...June 27th, 2016
Under the terms of the Amended Option Agreement, upon Far Resources having earned an initial 50% interest, it may elect to earn a further 30% interest by paying the Optionor an additional $180,000 cash, (reduced from $240,000 in the original agreement); issuing an additional 1,500,000 shares; and incurring an additional $900,000 (reduced from $1,500,000 in the original agreement) in Exploration Expenditures within three years of the election date.
