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Apogee Minerals Ltd V.APMI

Apogee Minerals Ltd. is a Canada-based mineral exploration company. The Company’s principal business activity is the acquisition, exploration of mineral properties. Its projects include Pine Channel Project, and Shasko Bay Project. The 6,308-hectare (ha) Pine Channel Property is located 43 kilometers (km) west of Stoney Rapids, Saskatchewan. The Pine Channel gold property consists of 28 mineral dispositions. The main deposit type that is being explored for at Pine Channel is structurally controlled vein-quartz (lode) gold deposits. Mineral occurrences on the Pine Channel Property are predominantly gold with rare base metal occurrences. The 2,571 ha Shasko Bay project is located along the SE shore of Lake Athabasca in northern Saskatchewan, 20 km SE of Fond-du-Lac, and adjacent to Eagle Plains’ Pine Channel Au project.


TSXV:APMI - Post by User

Post by Betteryear2on Mar 17, 2022 4:35pm
120 Views
Post# 34523231

APOGEE MINERALS SIGNS DEFINITIVE AGREEMENT

APOGEE MINERALS SIGNS DEFINITIVE AGREEMENT

NOT FOR DISTRIBUTION TO UNITED STATES NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES

VANCOUVER, British Columbia, March 17, 2022 (GLOBE NEWSWIRE) -- Apogee Minerals Ltd. (“Apogee” or the “Company”) (TSXV: APMI) is pleased to announce that, further to its press release dated January 25th 2022, the Company has entered into a definitive agreement dated March 17th, 2022 (the “Definitive Agreement”) with Alto Verde Copper Inc. (“Alto Verde”) and 1000136714 Ontario Inc. (“APMI Subco”), a wholly-owned subsidiary of the Company, pursuant to which the Company will acquire all of the issued and outstanding shares in the capital of Alto Verde (the “Transaction”). The Definitive Agreement replaces the letter of intent between the Company and Alto Verde with respect to the Transaction.

APOGEE MINERALS SIGNS DEFINITIVE AGREEMENT WITH ALTO VERDE COPPER

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