Eliminating Future Cash Payments and Work Commitments
Delta Resources Ltd. is pleased announce that it reached an agreement with the original vendors of the Horne and Laurie properties at the Delta-1 property in Thunder Bay, Ontario. The new agreement will eliminate the future cash payments of $350,000 and work commitments of $1,000,000 over the next three years. On May 1, 2024, Delta announced an agreement with
Sky Gold Corp. whereby Delta was assuming the Horne and Laurie Properties' agreement with the original Vendors of the properties . Under this new agreement dated August 22, 2024, Delta will acquire a 100% interest in both Horne and Laurie properties by issuing a total of 2,000,000 shares and issue 1,500,000 warrants of Delta, at a price of $0.12, for a p...