Eagle Plains Resources Ltd. (TSX-V:EPL) ("EPL" or "Eagle Plains") and Brunswick Exploration Inc. ("Brunswick") have executed a formal option agreement whereby Brunswick has the exclusive right to acquire a 100-per-cent interest in the Hanson North lithium project located in Saskatchewan for total consideration of $70,000 in cash, shares or combination of both, and exploration expenditures of $100,000 over a two-year period.
Further to its news release dated March 1, 2023 ("News Release"), Eagle Plains Resources Ltd. (TSXV:EPL) ("EPL" or "Eagle Plains") wishes to clarify a statement made in the News Release relating to the record date for the proposed Spin-Out Transaction (as defined in the News Release).
Management of Eagle Plains Resources Ltd. (TSXV:EPL) ("EPL", "Eagle Plains" or the "Company") is pleased to provide information regarding important developments relating to the Company and to inform shareholders on significant upcoming events.