![]() ![]() ![]() To facilitate funding in advance of commercial production, the parties intend to amend the existing 10% secured note from US$15 million to US$19 million. ![]() The Agreement is being amended to increase the stream percentage to 2.75% of gross metals from 1.75%. ("Sprott Streaming"), including an increased deposit of US$4 million against future production at its Lagoa Salgada VMS project ("Lagoa Salgada" or the "Project") in Portugal. (TSX:ASND)(OTCQB:ASDRF)(FRA:2D9) ("Ascendant" or the "Company") is pleased to announce that it is finalizing an amendment to the existing metals purchase and sale agreement (the "Agreement") with Sprott Resource and Streaming Royalty Corp. TORONTO, ON / ACCESSWIRE / Novem/ Ascendant Resources Inc. Focus on Improved Metallurgical Recoveries, Concentrate Qualities and Optimized Mine Plan and Plant Sizing.Funding to further Optimize Development of Lagoa Salgada.Finalizing amendment of existing Stream Agreement with Sprott Streaming for an additional US$4 million. ![]()
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