Clean Commodities Signs Agreement with Azincourt Uranium to Option 70% of the East Preston Uranium Project for $3.5 Million

Clean Commodities (TSXV:CLE) has announced in conjunction with Preston Uranium project partner Skyharbour Resources (TSXV:SYH) that it has executed an option agreement with Azincourt Uranium (TSXV:AAZ), which will provide Azincourt with an earn-in option to acquire 70 percent interest in a portion of the Preston Uranium property. As quoted in the press release: Under the …

Clean Commodities (TSXV:CLE) has announced in conjunction with Preston Uranium project partner Skyharbour Resources (TSXV:SYH) that it has executed an option agreement with Azincourt Uranium (TSXV:AAZ), which will provide Azincourt with an earn-in option to acquire 70 percent interest in a portion of the Preston Uranium property.
As quoted in the press release:

• Azincourt may earn a 70% interest in East Preston totaling 25,329 hectares, which represents the eastern portion of the larger 121,148 hectare Preston Uranium Project through the upfront issuance of 4,500,000 shares as well as $3,500,000 of total project consideration over three years, including up to $2,500,000 of exploration work programs and up to $1,000,000 of cash payments to Clean Commodities and Skyharbour (split equally).