Origen Amends Broken Handle Option Agreement with Hawthorn Resources
488 – 625 Howe St.
Vancouver, BC
V6C 2T6, Canada
604-681-0221
www.origenresources.com
Origen Amends Broken Handle Option Agreement with Hawthorn Resources
Vancouver, BC, February 27, 2025. Origen Resources Inc. (the “Optionor” or “Origen”) (CSE:ORGN; FSE:4VXA)
announces that it has agreed to amend the terms of the Broken Handle Property option agreement (See press
release dated January 14, 2021) with Hawthorn Resources Corp. (“Hawthorn” or “the Optionee”) whereby
Hawthorn may acquire a 75% interest in the Broken Handle project located 50km north of Grand Forks, BC.
Under the original terms, in order to earn a 75% interest in the Broken Handle property (subject to a 1.5% NSR),
Hawthorn was required to make aggregate cash payments of $250,000, issue an aggregate of 1,000,000
common shares and incur $500,000 in work commitments over three years . Under the amend ed terms the
aggregate cash payments have been increased to $263,000, and aggregate shares issuable have been decreased
to 900,000 common shares.
In order to earn a 75% interest, the Optionee must satisfy the remaining option obligations as follows:
• Pay $43,000 cash due February 22, 2025 (paid) and $40,000 cash and 150,000 shares due August 22,
2025 (under the original agreement $70,000 cash and 250,000 shares was due February 22, 2025).
• Pay $80,000 cash and 400,000 shares by August 22, 2026 (under the original agreement this payment
was due February 22, 2026).
• Complete $400,000 in exploration expenditures required to be spent by August 22, 2026 (under the
original agreement these were due February 22, 2026).
• $30,000 of additional exploration expenditures are required to be completed by October 1, 2025 to
keep the property tenures in good standing for a further year with the BC Mineral Titles office.
On behalf of Origen,
Thomas Hawkins
Managing Director
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this press
release.
Certain of the statements made and information contained herein may constitute "forward-looking
information." In particular references to the private placement and future work programs or expectations on
the quality or results of such work programs are sub ject to risks associated with operations on the property,
exploration activity generally, equipment limitations and availability, as well as other risks that we may not be
currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information.
Except as required under applicable securities legislation, the Company undertakes no obligation to publicly
update or revise forward- looking information, whether as a result of new information, future events or
otherwise.