VANCOUVER, British Columbia, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Ascot Resources Ltd. ( TSX: AOT; OTCQX: AOTVF ) ( Ascot or the Company ) today announced that Sprott Private Resource Streaming and Royalty (B) Corp., Nebari Gold Fund 1, LP, Nebari Natural Resources Credit Fund II, LP and Nebari Collateral Agent LLC (collectively the Secured Creditors ) have agreed to extend the waiver and forbearance agreements previously granted by the Secured Creditors relating to certain additional pre-existing defaults and potential future defaults under the purchase and sale agreements dated as of January 19, 2023 (the Purchase and Sale Agreements ), the credit agreement dated as of June 16, 2023, as amended by a first amending agreement dated as of February 20, 2024 (the Convertible Credit Agreement ) and the cost overrun credit agreement dated as of February 20, 2024 (and together with the Purchase and Sale Agreements and the Convertible Credit Agreements, collectively the Agreements ) until October 31, 2024.