GPM Metals Inc. Announces Grant of Options

Rhea-AI Summary

GPM Metals Inc. (TSXV: GPM) has announced the grant of 2,900,000 stock options to its directors, officers, and consultants. The options were granted on March 13, 2025, with an exercise price of $0.10 per share and will expire on March 13, 2028. The option grant remains subject to the approval and requirements of the TSX Venture Exchange.

Positive

• Stock option grant provides incentive alignment between management and shareholders

Negative

• Potential dilution of 2,900,000 shares if options are exercised

Toronto, Ontario--(Newsfile Corp. - March 14, 2025) - GPM Metals Inc. (TSXV: GPM) ("GPM" or the "Company") announces that it has granted effective March 13, 2025, an aggregate of 2,900,000 options to directors, officers and consultants of the Company, with such options being exercisable at a price of $0.10 per share until March 13, 2028.

The grant of options is subject to the approval and requirements of the TSX Venture Exchange.

For further information contact:

John Timmons
CEO and Director
416-628-5904

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 and / or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/244570

FAQ

What is the exercise price and expiry date for GPM Metals' (GPMTF) new stock options?

The options have an exercise price of $0.10 per share and expire on March 13, 2028.

How many stock options did GPM Metals (GPMTF) grant in March 2025?

GPM Metals granted 2,900,000 stock options to directors, officers, and consultants.

When were the new GPMTF stock options granted?

The stock options were granted on March 13, 2025.

Who received the stock options from GPM Metals (GPMTF)?

The options were granted to directors, officers, and consultants of the company.