Apogee Minerals Announces Amendment to Option Agreement for the Pine Channel Property

Core Points - Apogee Minerals Ltd. has amended its option agreement with Eagle Plains to acquire up to an 80% interest in the Pine Channel Property [1] - The amendment includes an extension for a CAD $50,000 cash payment and the issuance of 700,000 common shares, now due by December 31, 2025 [2] - The required exploration expenditures of $500,000 have also been extended to December 31, 2025, with a total of $2,500,000 needed to fulfill the option [2] - Apogee will issue 100,000 common shares to Eagle Plains within three business days of receiving TSX Venture Exchange approval [3] Financial Terms - The cash payment of CAD $50,000 and the issuance of 700,000 common shares were originally due by December 31, 2024, now extended to December 31, 2025 [2] - The total exploration expenditures required to acquire the property amount to $2,500,000, which includes a $100,000 payment and the issuance of 700,000 common shares [2] Company Overview - Apogee Minerals Ltd. is focused on building shareholder value through mineral project acquisitions and advancements, as well as new mineral discoveries [4]