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Nubian Provides Update on Athena Gold Transaction

Nubian Provides Update on Athena Gold Transaction Canada NewsWire TOR...

articleCarlton Precious IncNovember 23, 20213/company/carlton-precious-inc/news/nubian-provides-update-on-athena-gold-transaction
Nubian Provides Update on Athena Gold Transaction

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[{"type":"text","content":"\n \n \n \n Nubian Provides Update on Athena Gold Transaction\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n TORONTO\n \n ,\n \n Nov. 23, 2021\n \n /CNW/ - Nubian Resources Ltd. (TSXV: NBR) (OTCQB: NBRFF) (\"Nubian\" or the \"Company\") announces a further update on its property option agreement (the \"Property Option Agreement\") with Athena Gold Corporation (OTCQB: AHNR) (CSE: ATHA) (\"Athena\") for the divestment of the Company's Excelsior Springs exploration project (the \"Property\") located in\n \n Esmeralda County, Nevada\n \n , USA. Nubian reports that the Company and Athena have entered into an amendment agreement (the \"Amendment Agreement\") to amend the terms of the option agreement dated\n \n December 11\n \n , 2020.\n \n Under the terms of the Amendment Agreement, the date by which Athena must exercise the option and issue an additional 45,000,000 common shares of Athena to Nubian or Nubian's nominees to acquire an additional 90% interest in the Property (for an aggregate 100% interest), has been extended to\n \n December 31\n \n , 2021.\n \n \n \n \n \n \n \n \n \n Details on the Property Option Agreement are included in Nubian's press releases dated\n \n October 21, 2021\n \n ,\n \n September 20, 2021\n \n ,\n \n August 13, 2020\n \n and\n \n December 13\n \n , 2020.\n \n \n \n ABOUT NUBIAN\n \n \n \n Nubian Resources Ltd. is a publicly traded precious and base metals exploration company listed on the TSX Venture Exchange. The Company is managed by a team of experienced mining and geological professionals. Nubian's projects are focused in key mining jurisdictions in central\n \n Victoria\n \n and\n \n Tasmania, Australia\n \n and\n \n Peru\n \n .\n \n \n \n Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.\n \n \n \n \n Caution Regarding Forward Looking Statements\n \n \n \n Certain statements contained in this press release constitute for...

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