Zincx extends Kechika North option exercise date

Executive Summary

• Zincx Resources Corp. extended the exercise deadline for its option on the Kechika North project by one year, now expiring on August 11, 2026.
• The optionee must pay an initial $100,000, reducing the remaining cash consideration to $2.9 million for full acquisition of the 103 mineral claims.
• No change to the underlying project scope or ownership structure; the extension is a routine contractual amendment.

Key Details

• Original exercise date extended by one year (new deadline: Aug 11, 2026).
• Option covers 100% ownership of 103 contiguous mineral claims comprising the Kechika North project.
• Total cash purchase price: $3 million; initial payment of $100,000 received, leaving $2.9 million payable upon exercise.
• The option remains with an arm’s‑length third party based in British Columbia.
• No additional financial terms (e.g., earn‑outs, royalties) were disclosed.

Notable Quotes

(No direct quotes provided in the release.)