Azimut and Centerra Amend Option Agreement for the Corvet and Kaanaayaa Properties
Azimut Exploration (TSXV:AZM) amended its option agreement with Centerra Gold, reducing Year 6 exploration expenditures for Corvet and Kaanaayaa properties from $1.5M to $1.25M, lowering total required spending to $15.75M. The deal awaits TSX Venture Exchange approval. Centerra is a related party, but the transaction is exempt from minority shareholder approval.


