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    copper investing

    Sun Metals Announces Amendment to Stardust Project Option Agreement

    Scott Tibballs
    Dec. 18, 2018 09:00AM PST
    Base Metals Investing

    Stardust is Sun Metal’s flagship project located in northcentral British Columbia, Canada.

    Sun Metals (TSXV:SUNM) has announced it has entered into an amendment to the Stardust project option agreement between Sun Metals and Lorraine Copper (TSXV:LLC).

    Stardust is Sun Metal’s flagship project located in northcentral British Columbia, Canada.

    As quoted in the press release:

    Under the amended option agreement, Sun Metals’ option to acquire a 100-percent interest in the Stardust project is exercisable by issuing 500,000 common shares and making payment of C$75,000 to Lorraine Copper by December 31, 2018, issuing 31,529,315 common shares within 5 business days of March 31, 2019, and assuming all obligations under Lorraine Copper’s C$50,000 reclamation bond currently posted with the Province of British Columbia.

    Click here to read the full Sun Metals (TSXV:SUNM) press release.

    british columbiatsxv:sunmlorraine coppercanadasun metalscopper investing
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