Business
Sultan Minerals Amends Option Agreement with Altair Gold on its Kena Property
(via Thenewswire.ca) Vancouver, BC / TNW-ACCESSWIRE / August 14 , 2014 / Sultan Miner...
About this update from Apex Resources Inc.
[{"type":"text","content":"Sultan Minerals Amends Option Agreement with Altair Gold on its Kena Property(via Thenewswire.ca)\n\n \nVancouver, BC / TNW-ACCESSWIRE / August 14, 2014 / Sultan Minerals Inc. (TSX-V: SUL; 'the Company\") reports that the Company has reached an agreement (\"the Third Amending Agreement\") with Altair Gold Inc. (\"Altair\") to further amend the Option Agreement dated December 30, 2011 between the Company and Altair granting Altair an option to earn up to a 75% interest in the Kena Project located in Southeastern British Columbia.\n\n\n \nPursuant to the Third Amending Agreement, the due date for the June 30, 2014 cash payment of $300,000 has been deferred to September 30, 2014, and the deadline for the 2014 work commitment of $650,000 has been extended to December 31, 2015. All other terms of the Option Agreement remain unchanged. \n\n\n \nFor further information on the Company's projects, visit www.sultanminerals.com.\n\n \n \nArthur G. Troup, P.Eng., Geological\n\n\n \nPresident and CEO\n\n \n \nFor further information please contact:\nMarc Lee, Investor and Corporate Communications\nTel: (604) 628-0519 Fax: (604) 628-0446 \nEmail: [email protected] or [email protected] \n\n \n \nThis release was prepared by Sultan's management. Neither TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release includes certain statements that may be deemed \"forward-looking statements.\" All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that Sultan expects are forward-looking statements. Although Sultan believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. I...