Mogotes Announces Grant of Options

Q: What options did Mogotes (MOGMF) grant on April 10, 2026?

Mogotes granted 350,000 options to a director exercisable at $0.33 per share. According to Mogotes, the options carry a two‑year term and the shares issued on exercise have a four‑month hold period from grant.

Q: How long are the exercise and hold periods for MOGMF's April 10, 2026 option grant?

The options are exercisable for a two‑year period and shares are under a four‑month hold. According to Mogotes, the hold period begins from the original date of grant and limits immediate resale.

Q: What is the exercise price of the options Mogotes (MOGMF) granted to its director?

The exercise price is $0.33 per common share for the granted options. According to Mogotes, that fixed price determines cash required by the director to convert options into common shares within two years.

Q: What shareholder impact does the 350,000 option grant have for MOGMF investors?

If exercised, the 350,000 options would increase share count and cause dilution for existing holders. According to Mogotes, exercise depends on the director choosing to pay the $0.33 strike within the two‑year period.

Rhea-AI Impact

(Moderate)

Rhea-AI Sentiment

(Neutral)

Rhea-AI Summary

Mogotes (OTCQB:MOGMF) granted 350,000 stock options to a director on April 10, 2026. Each option is exercisable at $0.33 per common share for a two‑year term, with the underlying shares subject to a four‑month hold period from the grant date.

This action potentially dilutes shareholders if exercised; the grant follows typical board compensation practices for directors.

AI-generated analysis. Not financial advice.

Positive

350,000 options granted to align director incentives
Exercise price set at $0.33 per share

Negative

Potential dilution if 350,000 options are exercised
Short 2‑year exercise window could accelerate dilution timing

News Market Reaction – MOGMF

+0.50%

1 alert

+0.50% News Effect

On the day this news was published, MOGMF gained 0.50%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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04/10/2026 - 05:15 PM

Toronto, Ontario--(Newsfile Corp. - April 10, 2026) - Mogotes Metals Inc. (TSXV: MOG) (FSE: OY4) (OTCQB: MOGMF) ("Mogotes" or the "Company") is pleased to announce that it has granted 350,000 stock options to purchase common shares exercisable at a price of $0.33 per Common Share for a period of two (2) years to a director of the Company. The common shares issuable upon exercise of the options are subject to a four month hold period from the original date of grant.

About Mogotes Metals Inc.

Mogotes Metals Inc. is a mineral exploration company exploring for copper and gold in the prospective Vicuña district of Argentina and Chile. Mogotes flagship project, Filo Sur, adjoins the large Filo del Sol Copper-gold-silver discovery, and is along the same N-S trending belt as the Filo Del Sol – Aurora and NGEx Minerals Lunahuasi and Los Helados copper-gold deposits.

For further information, please contact:

Mogotes Metals Inc.
Allen Sabet, President and Chief Executive Officer
Phone: (647) 846-3313
Email: info@mogotesmetals.com

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Twitter: https://x.com/mogotesmetals

Cautionary Note Regarding Forward-Looking Statements:

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.

This news release contains certain "forward-looking information" within the meaning of applicable securities laws. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "would", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's Management's Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/292035

FAQ

What options did Mogotes (MOGMF) grant on April 10, 2026?

Mogotes granted 350,000 options to a director exercisable at $0.33 per share. According to Mogotes, the options carry a two‑year term and the shares issued on exercise have a four‑month hold period from grant.

How long are the exercise and hold periods for MOGMF's April 10, 2026 option grant?

The options are exercisable for a two‑year period and shares are under a four‑month hold. According to Mogotes, the hold period begins from the original date of grant and limits immediate resale.

What is the exercise price of the options Mogotes (MOGMF) granted to its director?

The exercise price is $0.33 per common share for the granted options. According to Mogotes, that fixed price determines cash required by the director to convert options into common shares within two years.

What shareholder impact does the 350,000 option grant have for MOGMF investors?

If exercised, the 350,000 options would increase share count and cause dilution for existing holders. According to Mogotes, exercise depends on the director choosing to pay the $0.33 strike within the two‑year period.

Are there resale restrictions on the shares from Mogotes' option grant on April 10, 2026?

Yes, the common shares issuable on exercise are subject to a four‑month hold from the grant date. According to Mogotes, this hold restricts resale of those shares for the specified period after grant.