Goldplay Mining Inc. announced that it has signed an Option Agreement with Scottie Resources Corp, to purchase an working interest in Scottie's exploration properties. Terms of the Agreement: Goldplay can acquire up to 3.75% interest in the Scottie's properties by incurring up to $1,500,000 in exploration expenses until December 31, 2022. If the exploration expenses incurred amount to less than $1,500,000, Goldplay's earned interest in the Scottie's properties will be reduced proportionally.

Following the exercise of the Option, Goldplay will have the right (the Put Right) to require Scottie to repurchase the interest earned by Goldplay by paying cash, at a price calculated by dividing the total exploration expenditures incurred by Goldplay by 1.7. Following the exercise of the Option, Scottie will have the right to repurchase the interest earned by Goldplay by paying cash, at a price calculated by dividing the total exploration expenditures incurred by Goldplay by 1.7.