10:52 AM EDT, 03/20/2024 (MT Newswires) -- Steppe Gold Ltd. ( STPGF ) overnight Tuesday announce the extension of the binding term sheet entered with, among other parties, Boroo Gold LLC dated January 18, 2024, pursuant to which Steppe Gold ( STPGF ), either directly or through a wholly-owned subsidiary, will acquire all of the issued and outstanding common shares of Boroo Gold in an all-share transaction.

The Agreement extends the exclusivity period between Steppe Gold ( STPGF ) and Boroo Gold in the Binding Agreement from March 29, 2024 to April 12, 2024, or such earlier or later time as Steppe Gold ( STPGF ) and Boroo Gold mutually agree, in order to provide more time for the parties to complete due diligence and enter into a definitive agreement.

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