SYH Pres&CEO on Tisdale Clean Energy agreement
Check out SYH's President & CEO, Jordan Trimble, on its option agreement with Tisdale Clean Energy regarding the South Falcon East Property in Saskatchewan: https://www.youtube.com/watch?v=MT3YQADk2Fo&ab_channel=EllisMartin
This is a notable option agreement as it has a significant cash & stock payment incoming with Tisdale issuing SYH 1.1M shares upfront, $10.5M in funding for exploration expenditures and $11.1M in cash.
It’s a significant transaction for SYH and its shareholders, fortifying the treasury while helping to keep dilution down going forward and crystalize the value of the project going forward and is SYH's fourth option agreement in the last 12 months
Plus, this allows SYH to focus on core projects, Russel Lake & Moore Project, as the partner companies work on advancing their secondary projects. This agreement marks SYH's 7th partner with 5 option partners and 2 JV partners.