on Omega Pacific Resources Inc. (isin : CA68218G1090)
Omega Pacific and CopAur Minerals Amend Williams Property Option Agreement
VANCOUVER, BC / ACCESSWIRE / September 6, 2024 / Omega Pacific Resources Inc. (CSE:OMGA)(OTCQB:OMGPF)(FSE:Q0F) announces an amendment to the Williams Property Option/Joint Venture Agreement with CopAur Minerals Inc. The amendment lowers the required exploration expenditures from $3,000,000 to $2,000,000 to earn a 51% interest by February 28, 2025.
The expenditure to earn an additional 29% interest, totaling 80%, is increased from $3,000,000 by February 28, 2026, to $4,000,000 by February 28, 2027. Omega Pacific will pay CopAur Minerals $50,000 upon the amendment's execution.
CEO Jason Leikam expressed gratitude for CopAur Minerals' cooperation, emphasizing that the restructured terms provide adequate time to analyze exploration results and plan a second phase focused on continued success.
R. E.
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