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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 7, 2016) - Precipitate Gold Corporation (the "Company" or "Precipitate" or "PRG") (TSX VENTURE:PRG) is pleased to announce it has reached an agreement to amend the Juan de Herrera purchase agreement whereby Precipitate has the right to acquire a 100% interest in the Juan de Herrera and Los Pinalitos concessions in the Dominican Republic (see news releases dated October 2, 2012 and October 9, 2013). Under the terms of this latest amendment, the Vendors have agreed to restructure the remaining two cash payments totalling $300,000 to a reduced amount of $150,000 in two staged payments of $75,000 each. The amended cash payments required to complete the purchase of the concessions are now as follows: |
