Kodiak Grants Stock Options

Rhea-AI Summary

Kodiak Copper (OTCQX: KDKCF) announced an annual grant of stock options on March 17, 2026. The company granted 2,044,000 options exercisable at C$0.92 for five years, with 1/3 vesting immediately and 1/3 vesting each subsequent year.

An additional 25,000 options were granted to a consultant at C$0.92 for one year, vesting in four equal installments over 12 months. Grants were made under the shareholder-approved option plan and are subject to TSXV policies and regulatory hold periods.

Vancouver, British Columbia--(Newsfile Corp. - March 17, 2026) - Kodiak Copper Corp. (TSXV: KDK) (OTCQX: KDKCF) (FSE: 5DD1) (the "Company" or "Kodiak") announces today the annual grant of stock options (the "Options") to officers, employees, directors, advisors and consultants of the Company. The Options were granted pursuant to the Company's shareholder approved stock option plan and are subject to the policies of the TSX Venture Exchange and any applicable regulatory hold periods.

Kodiak has granted 2,044,000 Options exercisable at C$0.92 per share for a period of five years from the date of grant with 1/3 vesting immediately and 1/3 every year thereafter. Additional 25,000 Options exercisable at C$0.92 per share were granted to a consultant of the Company for a period of one year which will vest in four equal installments over 12 months.

On behalf of the Board of Directors
Kodiak Copper Corp.

Claudia Tornquist
President & CEO

For further information contact:
Nancy Curry, VP Corporate Development
ncurry@kodiakcoppercorp.com
+1 (604) 646-8362

About Kodiak Copper Corp.

Kodiak is focused on advancing its copper porphyry projects in Canada and the USA, which host known mineral discoveries with the potential to hold large-scale deposits. Kodiak Copper's most advanced asset is the 100% owned MPD copper-gold porphyry project in the prolific Quesnel Terrane in south-central British Columbia, Canada, an established mining region with producing mines and excellent infrastructure. MPD exhibits all the hallmarks of a large, multi-centered porphyry district with the potential for future economic development. The initial Mineral Resource Estimate published in 2025 outlines seven substantial deposits and underscores the scale and potential of the project. All known deposits remain open to expansion, and numerous targets across the property have yet to be tested. Kodiak continues to systematically explore MPD's district-scale potential with the goal of delivering new discoveries and building further critical mass toward being the region's next mine.

Kodiak's founder and Chairman is Chris Taylor who is well-known for his gold discovery success with Great Bear Resources. Kodiak is also part of Discovery Group led by John Robins, one of the most successful mining entrepreneurs in Canada.

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 or accuracy of this release.

Forward-Looking Statement (Safe Harbor Statement): This press release contains forward-looking statements within the meaning of applicable securities laws. The use of any of the words "anticipate", "plan", "continue", "expect", "estimate", "objective", "may", "will", "project", "should", "predict", "potential" and similar expressions are intended to identify forward-looking statements. In particular, this press release contains forward-looking statements concerning the Company's exploration plans. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company cannot give any assurance that they will prove correct. Since forward-looking statements address future events and conditions, they involve inherent assumptions, risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of assumptions, factors and risks. These assumptions and risks include, but are not limited to, assumptions and risks associated with conditions in the equity financing markets, and assumptions and risks regarding receipt of regulatory and shareholder approvals.

Management has provided the above summary of risks and assumptions related to forward-looking statements in this press release in order to provide readers with a more comprehensive perspective on the Company's future operations. The Company's actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive from them. These forward-looking statements are made as of the date of this press release, and, other than as required by applicable securities laws, the Company disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288728

FAQ

What stock options did Kodiak Copper (KDKCF) grant on March 17, 2026?

Kodiak granted 2,044,000 options at C$0.92 exercisable for five years; 1/3 vested immediately. According to the company, grants follow the shareholder-approved option plan and TSXV policies, plus an extra 25,000 options to a consultant with one-year vesting installments.

How do the Kodiak Copper (KDKCF) option vesting terms work for the March 2026 grant?

Vesting is 1/3 immediate and 1/3 each year thereafter for the five-year options. According to the company, the primary 2,044,000 options follow that schedule while the 25,000 consultant options vest in four equal installments over 12 months.

What is the exercise price and term for Kodiak Copper (KDKCF) options granted March 17, 2026?

The exercise price for the grants is C$0.92 per share with a five-year term for the main options. According to the company, the consultant received 25,000 options at C$0.92 with a one-year term and monthly vesting installments.

Will the March 17, 2026 Kodiak (KDKCF) option grants be subject to regulatory hold periods?

Yes, the option grants are subject to TSXV policies and any applicable regulatory hold periods. According to the company, all grants were issued under the shareholder-approved option plan and will comply with exchange and regulatory requirements.

Who received Kodiak Copper (KDKCF) stock options in the March 2026 grant?

Officers, employees, directors, advisors and consultants received option grants as part of the annual allocation. According to the company, the grants were made under its shareholder-approved plan and include a specific 25,000-option consultant award with one-year vesting.