BULLETIN V2025-1481
INTREPID METALS CORP. ("INTR")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: May 21, 2025
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the Amendment, effective as of April 29, 2025, to arm's length option agreement dated April 20, 2021 (the "Option Agreement") with New Empire Exploration LLC (the "Vendor") to acquire a 100% in interest in the Tombstone South Property (the "Property") located in Arizona (the "Transaction"). The Amendment provides for the issuance of an additional 300,000 common shares of the Issuer, and an additional US$25,000 cash payment, in exchange for an extension of the timeframe to complete US$1,500,000 in exploration expenditures that are due May 2025 to May 2026, and US$1,500,000 in exploration expenditures that are due May 2026 to May 2027.
CASH ($) SECURITIES
CONSIDERATION US$ 25,000 300,000 Common Shares
For further details, please refer to the Company's news releases dated April 29, 2025 and May 20, 2025
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