Berkwood Resources Ltd (TSXV:BKR) has announced that it has made amendments to the terms of the Lac Gueret East Graphite Property mineral property option agreement.
As quoted in the press release:
Under the amended option agreement, the total cash payable to the vendors has been reduced from $285,000 to $150,000 and the aggregate number of common shares issuable to the vendors has been reduced from 1,250,000 shares to 500,000 shares.
Investing in graphite? Eagle Graphite Incorporated (TSXV:EGA) owns one of only two natural flake graphite production facilities in North America. Eagle Graphite recently achieved 99.995% purity from flake graphite produced from the processing plant of the Black Crystal project in BC.
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