BULLETIN V2023-0201
SLAM EXPLORATION LTD. ("SXL")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 7, 2023
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the arm's length acquisition via an option agreement of the Ear Falls lithium project, located in northwestern Ontario. The Company can earn a 100% interest in the Ear Falls lithium project (subject to a 1.5% NSR royalty) via the following consideration:
DUE DATE CASH ($) SECURITIES
Upon signing the Agreement $14,000
Within 7 business days of approval from TSX Venture Exchange - 300,000 common shares
On or before the 1st anniversary of the option agreement $14,000
On or before the 2nd anniversary of the option agreement $21,000
On or before the 3rd anniversary of the option agreement $30,000
For further details, please refer to the Company's news releases dated October 12, 2023 and November 7, 2023.
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