other material
confidence high
sentiment neutral
materiality 0.55
Athena Gold amends Nubian option agreement, extends property acquisition deadline to Dec 31, 2021
ATHENA GOLD CORP
- First Amendment to Option Agreement signed Nov 10, 2021, extends Second Option exercise deadline to Dec 31, 2021.
- To acquire 100% interest in property, Athena must settle debt, list on CSE/TSXV, and issue 45M shares at $0.05/share.
- Transaction restructured: Athena will acquire 100% property interest via purchase of all Nubian Subco shares from Nubian.
- Amendment provides additional time for parties to negotiate restructuring terms of the original option agreement.