Wildsky Resources Inc. Grants Stock Options

Rhea-AI Summary

Wildsky Resources (TSXV: WSK) has announced the granting of 2,100,000 incentive stock options to its officers, directors, and consultants. The options allow holders to purchase common shares at $0.10 per share and will be exercisable for a five-year period from the grant date. Each option is subject to a mandatory four-month and one-day statutory hold period.

Positive

• Stock option incentives align management interests with shareholders

Negative

• Potential shareholder dilution of 2.1M shares

Vancouver, British Columbia--(Newsfile Corp. - March 3, 2025) - Wildsky Resources Inc. (TSXV: WSK) (the "Company") hereby announces that it has granted 2,100,000 incentive stock options (the "Options") to certain officers, directors and consultants of the Company. Each Option permits an optionee to acquire one common share (an "Option Share") in the capital of the Company at any time at a price of $0.10 per Option Share up to the end of business on the fifth anniversary of the date of the grant. Each Option is subject to a statutory hold period of four months and one day.

About Wildsky Resources Inc.

Wildsky Resources Inc. is a Canadian based exploration and development company with an office located in Vancouver, B.C. The Company's goal is to create value for shareholders through continuously exploring and developing its current properties in Nigeria, and at the same time looking for new properties to acquire through its international connections.

For more information on Wildsky Resources, please contact the Company at (778) 889-4966, or visit the Company's website at www.wildskyresources.com.

ON BEHALF OF THE BOARD OF DIRECTORS

signed by "Wenhong Jin"

Wenhong Jin
President and CEO

Neither 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 of accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/243164

FAQ

How many stock options did Wildsky Resources (HWTHF) grant in March 2025?

Wildsky Resources granted 2,100,000 incentive stock options to officers, directors, and consultants.

What is the exercise price for Wildsky Resources' (HWTHF) March 2025 stock options?

The exercise price is $0.10 per Option Share.

When do Wildsky Resources' (HWTHF) March 2025 stock options expire?

The options expire on the fifth anniversary of the grant date (March 3, 2030).

What is the hold period for Wildsky Resources' (HWTHF) March 2025 stock options?

The options have a statutory hold period of four months and one day.