Iconic Grants Stock Options

Rhea-AI Summary

Iconic Minerals (TSXV: ICM) has announced the grant of stock options under its 10% Rolling Stock Option Plan. The company has issued options to purchase 8,000,000 common shares at an exercise price of $0.075 per share. These options can be exercised wholly or partially until September 11, 2030. The stock option plan was previously ratified and approved by shareholders on June 25, 2025.

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Vancouver, British Columbia--(Newsfile Corp. - September 11, 2025) - Iconic Minerals Ltd. (TSXV: ICM) (OTCQB: BVTEF) (FSE: YQG) (the "Company" or "Iconic") announces the grant, pursuant to its 10% Rolling Stock Option Plan that was ratified and approved by shareholders on June 25, 2025, of stock options to certain eligible participants to purchase a total of 8,000,000 common shares, exercisable in whole or in part on or before September 11, 2030 at an exercise price of $0.075 per share.

On behalf of the Board of Directors

SIGNED: "Richard Barnett"

Richard Barnett, CFO
Contact: (604) 336-8614

For further information on ICM, please visit our website at www.iconicminerals.com. The Company's public documents may be accessed 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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/266081

FAQ

How many stock options did Iconic Minerals (ICM) grant in September 2025?

Iconic Minerals granted options to purchase 8,000,000 common shares at an exercise price of $0.075 per share.

What is the exercise price for Iconic Minerals' September 2025 stock options?

The stock options were granted with an exercise price of $0.075 per share.

When do Iconic Minerals' (ICM) September 2025 stock options expire?

The stock options expire on September 11, 2030, giving option holders a 5-year exercise period.

When was Iconic Minerals' Stock Option Plan approved by shareholders?

Iconic Minerals' 10% Rolling Stock Option Plan was ratified and approved by shareholders on June 25, 2025.