Nortec Minerals and Finore Mining Amend Option Agreement for the Läntinen Koillismaa Project

Nortec Minerals Corp. (TSXV:NVT) announced that both Finore Mining Inc. (CNSX:FIN) and Nortec have negotiated an Amendment to the Option Agreement on the Läntinen Koillismaa Project, where Finore earns 70% interest in the LK project by completing certain conditions.

As quoted in the press release:

Under the terms of the Amended Agreement Finore earns 70% interest in the LK project by completing the following:

• Issuing an additional 27 million (27,000,000) common shares to Nortec within 3 business days of completing the required filings with the Canadian National Stock Exchange (the “CNSX”) for the issuance of such common shares.
• Paying in full by Finore any amounts owed to third parties, whether incurred directly or indirectly on account of the exploration work on the LK Project on behalf of Finore.
• Granting Nortec the right to nominate two persons for appointment or election to Finore’s Board of Directors.

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