Miata Metals Announces Grant of Stock Options

Rhea-AI Summary

Miata Metals (OTCQX: MMETF) announced a grant of 450,000 stock options to certain employees and consultants under its Omnibus Incentive Equity Plan.

The Options vest 50% at six months and 50% at twelve months, have a three-year term, an exercise price of $0.50 per share, and a four-month hold period as required by Canadian securities laws and CSE policy.

VANCOUVER, British Columbia, March 27, 2026 (GLOBE NEWSWIRE) -- Miata Metals Corp. (CSE: MMET) (FSE: 8NQ) (OTCQX: MMETF) (“Miata” or the “Company”) wishes to announce that its Board of Directors has approved a grant of an aggregate of 450,000 stock options (“Options”) to certain employees and consultants of the Company, in accordance with Miata’s Omnibus Incentive Equity Plan (the “Omnibus Plan”).

The Options vest 50% at six months and 50% at twelve months and have a three-year term from the date of grant, at an exercise price of $0.50 per common share. All the foregoing Options are subject to the terms of the Omnibus Plan, the applicable grant agreement, and the requirements of the Canadian Securities Exchange (the “CSE”). The Options and the underlying shares are subject to a four month hold period in accordance with applicable Canadian securities laws and the policies of the CSE.

About Miata Metals Corp.

Miata Metals Corp. (CSE: MMET) is a Canadian mineral exploration company listed on the Canadian Securities Exchange, as well as the OTCQX (OTCQX: MMETF) and Frankfurt (FSE: 8NQ) Exchanges. The Company is focused on the acquisition, exploration, and development of mineral properties. The Company holds a 70% interest in the ~215 km² Sela Creek Gold Project with an option to acquire a full 100% interest in the Project, and a 70% beneficial interest in the Nassau Gold Project with an option to acquire 100%. Both exploration properties are located in the greenstone belt of Suriname.

On Behalf of the Board

Dr. Jacob (Jaap) Verbaas, P.Geo | CEO and Director

For Further Information, please contact:

Nikki McEachnie
Director of Investor Relations
nikki@miatametals.com
+1778.488.9754

The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.

FAQ

How many stock options did Miata Metals (MMETF) grant on March 27, 2026?

Miata Metals granted an aggregate of 450,000 stock options to employees and consultants. According to the company, the options are issued under its Omnibus Incentive Equity Plan with standard grant agreements and CSE requirements.

What are the vesting terms for the MMETF stock options granted March 27, 2026?

The options vest 50% at six months and 50% at twelve months from grant. According to the company, vested options carry a three-year term and are subject to the Omnibus Plan and applicable CSE rules.

What is the exercise price and term for the Miata Metals (MMETF) options granted in March 2026?

The options have an exercise price of $0.50 per share and a three-year term from the date of grant. According to the company, exercise and ownership are governed by the Omnibus Plan and grant agreements.

Are the MMETF options subject to any hold period or regulatory restrictions?

Yes. The options and underlying shares are subject to a four-month hold period under Canadian securities laws and CSE policies. According to the company, additional terms in the Omnibus Plan and grant agreements also apply.

Who received the 450,000 options from Miata Metals (MMETF) and how were recipients described?

The options were granted to certain employees and consultants of the company. According to the company, recipients are covered by the Omnibus Incentive Equity Plan and applicable grant agreements and exchange requirements.