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Panther Minerals Announces Amendment To Boulder Creek Option Agreement
MTXMTI(MTX) Thenewswire·2025-04-11 22:30

Core Viewpoint - Panther Minerals Inc. has amended its Option to Purchase Agreement with Tubutulik Mining Company LLC regarding the Boulder Creek uranium property in Alaska, indicating a strategic move to enhance its uranium project portfolio [1][2]. Payment Schedule - The amendment revises the payment schedule of the Option Agreement, with the following cash payments due: - 5,000paidonFebruary9,20245,000 paid on February 9, 2024 - 25,000 paid on April 13, 2024 - 10,000dueonorbeforeApril30,202510,000 due on or before April 30, 2025 - 41,000 due on or before June 15, 2025 - $100,000 annually from the second to the tenth anniversary [2]. Company Profile - Panther Minerals is focused on mineral exploration in North America, with the Boulder Creek option reflecting its commitment to pursuing advanced and high-quality uranium projects that can be efficiently explored [3].