Apogee Minerals Announces Amendment to Option Agreement for the Pine Channel Property
Suite 1030 - 505 Burrard Street, Vancouver, BC, Canada, V7X1M5
TSX-V Trading Symbol: APMI
Email: [email protected]
Telephone: (604) 558-5847
Facsimile: (604) 687-3119
June 20th, 2025
News Release
Apogee Minerals Announces Amendment to Option Agreement for the Pine Channel
Property
June 20th, 2025 , Vancouver, British Columbia – Apogee Minerals Ltd. (“Apogee” or the
“Company” or the “Optionee”) (TSXV: APMI) has amended the option agreement (the
“Amendment Agreement”) with Eagle Plains (the “Optionor”) whereby the Optionor granted the
Company the right to acquire up to an 80% interest in the Pine Channel Property (the “Property”).
Under the amended terms of the Amendment Agreement, Apogee has been granted an extension
on the due date of the CAD $50,000 cash payment and 700,000 common share issuance from
December 31st, 2024, to December 31st, 2025, as well as an extension on the required exploration
expenditures of $500,000 due by June 30th, 2025 to December 31st, 2025. To fulfill the option to
acquire the Property, the Company must incur a total of $2,500,000 in exploration expenditures,
pay $100,000, and issue 700,000 common shares to the Optionor.
In consideration of the amendment, Apogee shall issue the Optionor 100,000 common shares
within three (3) business days of receipt of TSX Venture Exchange approval of the Amendment
Agreement. All the other terms and conditions of the Agreement remain unchanged. The shares
issued shall be subject to a statutory hold period of four months and one day from issuance.
About Apogee Minerals Ltd.:
Apogee Minerals Ltd. is a mineral exploration company. Our goal is to build shareholder value
through mineral project acquisitions and advancement, as well as new mineral discoveries.
To find out more about Apogee Minerals Ltd. (TSX-V: APMI) visit the Company’s website:
www.apogeemineralsltd.com
Apogee Minerals Ltd.
“Tim Fernback”
Tim Fernback
Interim CEO and Director
For further information, please contact:
Apogee Minerals Ltd.
- 2 -
Nicholas Coltura, Director
Email: [email protected]
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of
the TSXV) accepts responsibility for the adequacy or accuracy of this news release.
Cautionary Statements Regarding Forward-Looking Information
This release includes certain statements that may be deemed to be "forward -looking
statements". All statements in this release, other than statements of historical facts, that address
events or developments that management of the Company expects, are forward -looking
statements. Although management believes the expectations expressed in such forward-looking
statements are based on reasonable assumptions, such statements are not guarantees of future
performance, and actual results or developments may differ materially from those in the forward-
looking statements. The Company undertakes no obligation to update these forward -looking
statements if management's beliefs, estimates or opinions, or other factors, should change.
Factors that could cause actual results to differ materially from those in forward -looking
statements, include market prices, explorat ion and development successes, continued
availability of capital and financing, and general economic, market or business conditions. Please
see the public filings of the Company at www.sedarplus.ca for further information.