secwatch.observer — SEC 8-K summary
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Issuer:     Purebase Corp (PUBC)
CIK:        0001575858
Form:       8-K
Filed at:   2023-11-07T23:59:59+00:00
Accession:  0001493152-23-039721
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Purebase amends extraction deal with US Mine; cancels 116M share option, adopts $20/ton royalty
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- Cancels US Mine's option to purchase up to 116,000,000 shares of Purebase common stock.
- Replaces option with a production royalty of $20.00 per ton of metakaolin extracted.
- CEO A. Scott Dockter and director John Bremer have ownership interest in US Mine; board approved with abstentions.
- Amendment effective November 1, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1575858/000149315223039721/0001493152-23-039721-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1575858/000149315223039721/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-039721

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