M&A / Property
Altair, optionor Millennium Silver cancel Simon option

AVX · Price
Executive Summary
- Altair Resources Inc. and Millennium Silver Corp. have mutually terminated their Simon Option Agreement, originally announced on May 10 2021.
- The termination releases both parties from any further liability or obligations under the agreement.
- The option would have allowed Altair to acquire up to a 65% interest in the Simon lead‑zinc‑silver property in Mineral County, Nevada.
Key Details
- Original Agreement (May 10 2021): Granted Altair an option to purchase up to 65% of Millennium’s Simon property.
- Termination Effective Date: The parties agree to terminate the agreement as of the announcement date.
- Liability Release: Both Altair and Millennium release each other from any further obligations or liabilities under the former option agreement.
- Property Description: Simon is a lead‑zinc‑silver mining property located in Mineral County, Nevada, United States.
Notable Quotes
(No quotes provided in the release.)