Vancouver, british columbia--(newsfile corp. - november 12, 2024) - origen resources inc. (cse: orgn) (fse: 4vxa) (the "company" or "origen") is pleased to announce that it signed a letter agreement ("agreement") with equity metals corporation (tsxv: eqty) ("equity") to earn a 100% interest in the arlington property ("arlington"), located within the boundary district of south-central british columbia. the arlington agreement provides that equity may earn a 100% interest in the arlington property by meeting the following obligations to origen, all by the first anniversary of regulatory approval: making cash payments totaling $130,000 ($30,000 of which is reimbursement for the bond posted in regards to the current drill permit to be assigned to equity); incurring exploration expenditures of $250,000; and issuing shares valued at $200,000 within 7 days of regulatory approval; and issuing additional shares valued at $200,000, or 2 million shares, whichever is greater, by the first anniversary of regulatory approval.
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