Moon River Moly Ltd. Announces Grant of Stock Options

Rhea-AI Summary

Moon River Moly Ltd. (MRIVF) has announced the granting of stock options to company personnel. The options allow for the acquisition of up to 135,000 common shares at an exercise price of $0.41 per share, with an expiration date of May 2, 2035. The grants include 100,000 shares allocated to a company director and 35,000 shares to a non-executive employee.

Toronto, Ontario--(Newsfile Corp. - May 2, 2025) - Moon River Moly Ltd. (TSXV: MOO) (OTCQB: MRIVF) ("Moon River" or the "Company")

The Company announces that it has granted stock options entitling the holders to acquire up to an aggregate of 135,000 common shares; including stock options granted to a director of the Company to acquire 100,000 common shares at a price of $0.41 per share until May 2, 2035, and stock options granted to a non-executive employee, to acquire 35,000 common shares, also at a price of $0.41 per share until May 2, 2035.

About Moon River

Moon River is a Canadian-based resource company focused on the acquisition, exploration and development of mineral projects. Moon River is focused on the development of the Davidson Property which hosts a large molybdenum-tungsten deposit and is located near Smithers, British Columbia. The Company also holds 25% of one of the largest molybdenum mines in North America, the Endako Mine Complex also located in British Columbia.

For further information please contact:

Paul Parisotto, President, Chief Executive Officer and Director, at (416) 800-1753 or info@moonrivermoly.com.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

Forward-looking Statements:

This press release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable securities laws. Any statements that are contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-Looking statements are often identified by terms such as "may", "should", "anticipate", "will", "estimates", "believes", "intends", "expects" and similar expressions, which are intended to identify forward-looking statements. Forward-looking statements reflect the current views of the Company, represent the expectations of the Company as of the date of this news release, and are based on certain assumptions that the Company has made in respect thereof as at the date of this press release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/250705

FAQ

How many stock options did Moon River Moly (MRIVF) grant in May 2025?

Moon River Moly granted a total of 135,000 stock options, with 100,000 shares allocated to a director and 35,000 shares to a non-executive employee.

What is the exercise price for MRIVF's May 2025 stock options?

The exercise price for the stock options is $0.41 per share.

When do Moon River Moly's May 2025 stock options expire?

The stock options expire on May 2, 2035, giving holders a 10-year exercise period.

Who received the stock options from Moon River Moly (MRIVF)?

The stock options were granted to a company director (100,000 shares) and a non-executive employee (35,000 shares).