Highland Copper Announces Grant of Stock Options, Restricted Share Units and Deferred Share Units

Rhea-AI Summary

Highland Copper Company (OTCQB: HDRSF) has announced the approval of equity-based compensation grants to its directors, executive officers, and employees. The package includes 6,632,271 stock options at CDN$0.095 per share with a five-year term, 3,116,875 Restricted Share Units (RSUs), and 1,973,684 Deferred Share Units (DSUs).

The stock options will vest in three tranches: one-third immediately and one-third on each of the first and second anniversaries. Both RSUs and DSUs will vest equally over three years on the first, second, and third anniversaries of the grant date.

Positive

• None.

Negative

• Potential dilution from issuance of over 11.7 million new equity instruments

News Market Reaction – HDRSF

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In the trading session that priced this news, HDRSF gained 0.94%, reflecting a mild positive market reaction.

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VANCOUVER, British Columbia, July 08, 2025 (GLOBE NEWSWIRE) -- Highland Copper Company Inc. (TSXV: HI; OTCQB: HDRSF) (“Highland” or the “Company”) announces that, subject to regulatory approval, it has approved the grant of 6,632,271 incentive stock options, 3,116,875 Restricted Share Units and 1,973,684 Deferred Share Units to directors, executive officers and employees of the Company. The options are exercisable at an exercise price of CDN$0.095 per share for a period of up to five years and will vest as to one third immediately and one third on each of the first and second anniversary of the grant. The Restricted Share Units and Deferred Share Units will vest as to one third on each of the first, second and third anniversary of the grant.

About Highland Copper Company

Highland Copper Company Inc. is a Canadian company focused on exploring and developing copper projects in the Upper Peninsula of Michigan, U.S.A. The Company owns the Copperwood deposit through long-term mineral leases and 34% of the White Pine North project through a joint venture with Kinterra Copper USA LLC. The Company also owns surface rights securing access to the Copperwood deposit and providing space for infrastructure at Copperwood as required. The Company has 736,363,619 common shares issued and outstanding. Its common shares are listed on the TSX Venture Exchange under the symbol "HI" and trade on the OTCQB Venture Market under symbol "HDRSF".

More information about the Company is available on the Company’s website at www.highlandcopper.com and on SEDAR+ at www.sedarplus.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.

For further information or media requests, please contact:

Email: info@highlandcopper.com
Website: www.highlandcopper.com

FAQ

How many stock options did Highland Copper (HDRSF) grant in July 2025?

Highland Copper granted 6,632,271 stock options at an exercise price of CDN$0.095 per share with a five-year term.

What is the vesting schedule for Highland Copper's 2025 RSUs and DSUs?

The RSUs and DSUs will vest in three equal portions, with one-third vesting on each of the first, second, and third anniversary of the grant date.

What is the exercise price of Highland Copper's July 2025 stock options?

The stock options were granted with an exercise price of CDN$0.095 per share.

How long is the exercise period for Highland Copper's 2025 stock options?

The stock options have an exercise period of up to five years from the grant date.