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Avventura Resources Expands Land Position At Horwood Through Amended Option Agreement
Vancouver, British Columbia, January 12, 2026 – TheNewswire - Avventura Resources Ltd. ("Avventura" or the "Company") (CSE:AA), a Canadian mineral exploration c
About this update from Avventura Resources Ltd.
[{"type":"text","content":"Vancouver, British Columbia, January 12, 2026 – TheNewswire - Avventura Resources Ltd. (\"Avventura\" or the \"Company\") (CSE:AA), a Canadian mineral exploration company, is pleased to announce that has executed a Second amendment Agreement dated January 8th, 2026 to its existing option agreement dated May 4, 2022 (as previously amended on May 4th, 2023) with Gravel Ridge Resources Ltd. and 1544230 Ontario Inc. The amended agreement significantly expands the Company’s mineral claim footprint in Horwood Township, located within the Timmins mining camp in northern Ontario, by adding additional mineral claims and revising certain economic terms under which Avventura may earn a 100% interest in the Horwood Property. The expanded land position strengthens Avventura’s foothold in one of Canada’s most prolific gold-producing districts. Under the amended option structure, Avventura may acquire the full interest by making staged cash payments totaling $230,000 and issuing 2,000,000 common shares to the Optionors over the term of the agreement. Of the total share consideration, 500,000 common shares were issued on the date Avventura’s shares listed on the Canadian Securities Exchange, with the remaining 1,500,000 common shares to be issued on or before January 19, 2026, subject to applicable regulatory and exchange requirements. The shares will be issued at a deemed price of $0.10, being the market price on the date of issuance. The Common Shares issued pursuant to the amendment agreement will be subject to a four month and one day hold. Sean Flynn, Chief Executive Officer of Avventura Resources, stated: \"This expansion represents an important milestone for Avventura. We now control a materially larger strategic land position in a highly prospective jurisdiction. With this amended agreement finalized, we are moving forward confidently into our next phase of exploration work and value creation for shareholders.\" Additional project planning and seasonal field sequencing are underway, with future communication expected as operational timelines are finalized. About Avventura Resources Ltd. Avventura Resources Ltd. is a Canadian mineral exploration company focused on the acquisition and development of high-potential exploration projects. The Company is committed to responsible resource development and creating long-term value for its s...