Sun Metals Announces Amendment to Stardust Project Option Agreement

- December 18th, 2018

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.

 

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