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Eskay Mining Announces Grant of Stock Options

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Eskay Mining Corp. (OTC:ESKYF) has announced the grant of stock options to company directors and consultants. The company has granted a total of 5,200,000 options to purchase common shares at $0.385 per share, with a five-year exercise period. The options were distributed among five directors and three consultants. The grant remains subject to approval from the TSX Venture Exchange.

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Positive

  • None.

Negative

  • Potential dilution of shareholder value if options are exercised

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TORONTO, ON / ACCESS Newswire / June 24, 2025 / Eskay Mining Corp. ("Eskay" or the "Company") (TSXV:ESK)(OTC PINK:ESKYF)(Frankfurt:KN7)(WKN:A0YDPM) wishes to announce that an aggregate of 5,200,000 options to purchase common shares of Eskay at $0.385 per share for five years have been granted to five directors and three consultants of Eskay. The grant is subject to acceptance by the TSX Venture Exchange.

About Eskay Mining Corp:
Eskay Mining Corp (TSXV:ESK) is a TSX Venture Exchange listed company, headquartered in Toronto, Ontario. Eskay is an exploration company focused on the exploration and development of precious and base metals along the Eskay rift in a highly prolific region of northwest British Columbia known as the "Golden Triangle," 70km northwest of Stewart, BC. The Company currently holds mineral tenures in this area comprised of 177 claims (52,600 hectares).

All material information on the Company may be found on its website at www.eskaymining.com and on SEDAR+ at www.sedarplus.com.

For further information, please contact:

Mac Balkam

T: 416 907 4020

President & Chief Executive Officer

E: Mac@eskaymining.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements: This Press Release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such as actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements.

SOURCE: Eskay Mining Corp.



View the original press release on ACCESS Newswire

FAQ

How many stock options did Eskay Mining (ESKYF) grant in June 2025?

Eskay Mining granted 5,200,000 stock options to five directors and three consultants.

What is the exercise price for Eskay Mining's June 2025 stock options?

The stock options have an exercise price of $0.385 per share.

What is the expiration period for Eskay Mining's June 2025 stock options?

The stock options have a five-year exercise period.

Who received the stock options from Eskay Mining in June 2025?

The stock options were granted to five directors and three consultants of Eskay Mining.