Ann: Drilling Completed on High Priority Gold Targets at 64North, page-64

The Entitlement Offer was offered on the basis of one option to acquire a Share, exercisable at $0.015(1.5 cents) with an Expiry of 31 July 2025, for every two Shares held, at an issue price of $0.002 per New Option,

The options have to run up to 1.5c before 31/7/25 .
If they do then you can swap for the heads for no consideration.
Any buy below 1.5c is cheaper than buying the options cause in reality the oppies are .002 and also you owe 1.3 to swap for a head.
Of course you are betting that the tails goes up by a larger percentage in the same time frame which sometimes it does.
Anyways I left to tails on the table and added at .008 and .01
good luck and lets go go go ...