Magma Silver Announces Incentive Stock Options Grant

Rhea-AI Summary

Magma Silver (OTCQB: MAGMF; TSXV: MGMA) announced on October 10, 2025 a grant of 1,850,000 incentive stock options to certain directors, officers, consultants, and employees under its Stock Option Plan. The Stock Options are exercisable for a period of five years at an exercise price of CAD $0.20 per share. The grant follows the company’s equity‑compensation framework and is intended for eligible insiders and service providers.

Vancouver, British Columbia--(Newsfile Corp. - October 10, 2025) - Magma Silver Corp. (TSXV: MGMA) (OTCQB: MAGMF) (FSE: BC21) (WKN: A411DV) (the "Company" or "Magma") announces the grant of 1,850,000 incentive stock options (the "Stock Options") to certain of its directors, officers, consultants, and employees pursuant to the Company's Stock Option Plan. The options are exercisable for a period of five years at CAD$0.20 per share.

About Magma Silver Corp.

Magma Silver Corp. is a natural resources exploration company focused on acquiring, exploring, developing, and operating precious metal mining projects. Listed on the TSV Venture Exchange ("MGMA"), OTCQB ("MAGMF"), and Frankfurt Exchange ("BC21"), the Company's primary focus is on exploring and developing the advanced Niñobamba silver-gold project in the mining-friendly country of Peru. Niñobamba spans an 8 km mineralized corridor in a prolific geological belt of both a high-sulphidation and low-sulfidation epithermal system. Extensive exploration by Newmont Corporation, AngloGold Ashanti Limited, Bear Creek Mining Corporation and Rio Silver, has demonstrated significant resource potential with over CAD$14.5 million invested to date. Magma Silver is advancing its Niñobamba project using modern geological modelling and a strategic development plan. The property has excellent infrastructure, strong relationships with local communities and a regional technical team with over 50 years of mining experience in Peru.

For more information, please visit our website at www.magmasilver.com.

Contact Information

Stephen Barley, Chairman & CEO
Phone: +1 (604) 252-2672
Email: ir@magmasilver.com
Website: www.magmasilver.com
X: @MagmaSilverCorp

Jason Baker, CFO & Director
Phone: +1 (604) 252-2672
Email: ir@magmasilver.com
Website: www.magmasilver.com
X: @MagmaSilverCorp

Reader Advisory

This news release may contain forward-looking information within the meaning of applicable securities laws. All information and statements other than statements of current or historical facts contained in this news release are forward-looking information. Forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed here and elsewhere in Magma Silver Corp.'s periodic filings with Canadian securities regulators. When used in this news release, words such as "will", "could", "plan", "estimate", "expect", "intend", "may", "potential", "should," and similar expressions are forward-looking statements. The information provided in this document is necessarily summarized and may not contain all available material information. Forward-looking statements include those in relation to (i) the accuracy of the Newmont internal assessment and the Company's ability to match future results with the Newmont results. Although the Company believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can't make any assurances that its expectations will be achieved. Such assumptions may prove incorrect. Although the Company has attempted to identify important factors that could cause actual results, performance, or achievements to differ materially from those contained in the forward-looking statements, there can be other factors that cause results, performance, or achievements not to be as anticipated, estimated, or intended. There can be no assurance that such information will prove to be accurate or that management's expectations or estimates of future developments, circumstances, or results will materialize. As a result of these risks and uncertainties, no assurance can be given that any events anticipated by the forward-looking information in this news release will transpire or occur, or, if any of them do so, what benefits the Company will derive therefrom. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements in this news release are made as of the date of this news release, and the Company disclaims any intention or obligation to update or revise such information, except as required by applicable law.

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/269994

FAQ

What did Magma Silver (MAGMF) announce on October 10, 2025?

Magma Silver announced a grant of 1,850,000 incentive stock options to directors, officers, consultants, and employees.

What is the exercise price and term for the MAGMF stock options granted on October 10, 2025?

The options are exercisable for five years at an exercise price of CAD $0.20 per share.

Who received the incentive stock options from Magma Silver (MAGMF)?

The grant was made to certain of the company’s directors, officers, consultants, and employees.

Are the MAGMF stock options part of a formal plan?

Yes, the options were granted pursuant to the company’s Stock Option Plan.

Will Magma Silver (MAGMF) issue shares immediately for the 1,850,000 options?

No immediate share issuance is described; options are exercisable later at CAD $0.20 within a five‑year period.

Where can investors find the details of Magma Silver's October 10, 2025 option grant?

Details are disclosed in the company announcement dated October 10, 2025, which lists the option count, recipients, term, and exercise price.