Montem Resources Limited reported on the renegotiation of a land purchase agreement. Land Purchase Agreement: On 31 October 2019 Montem agreed to purchase a parcel of land which is planned to be used for a rail loading facility for the Tent Mountain Mine. Under the original agreement, a final payment of CAD 2,535,400 was to be made on 4 January 2021. The parties agreed to an extension of this agreement under the following terms: Extension of agreement to 4 January 2022. Total purchase price CAD 3,000,000; Montem forfeit the existing CAD 184,000 deposit on 4 January 2021 and Montem, posted a new, non-refundable deposit CAD 275,000. Montem is pleased to extend this option over the planned rail loadout land for a further 12 months as it provides strategic value for the Tent Mountain Mine.