Metalsource Mining Grants RSUs And Stock Options

Rhea-AI Summary

Metalsource Mining (OTCQB: MSMMF) granted new equity incentives to its consultants. The company issued an aggregate 2,325,000 stock options exercisable at $1.60 per share for two years, plus 500,000 restricted share units (RSUs) with a two-year term, all subject to a four‑month‑and‑one‑day statutory hold period.

AI-generated analysis. Not financial advice.

Positive

• None.

Negative

• Potential dilution from 2,325,000 new stock options granted at $1.60
• Potential dilution from 500,000 new restricted share units issued

Vancouver, British Columbia--(Newsfile Corp. - May 22, 2026) - Metalsource Mining Inc. (CSE: MSM) (OTCQB: MSMMF) (FSE: E9Z) (the "Company" or "Metalsource") the Company has granted an aggregate 2,325,000 stock options, exercisable at $1.60 per share and valid for a term of two years, and an aggregate 500,000 restricted share units, valid for a term of two years, to consultants of the Company. The stock options and restricted share units are issued pursuant to the Company's share compensation plans and are subject to a statutory hold period of four months and one day from issuance.

About Metalsource Mining Inc.

Metalsource Mining Inc. is a Canadian mineral exploration company focused on advancing high-potential mineral assets through modern, systematic exploration and value-driven discovery.

For further information, please contact:
Joe Cullen CEO - Metalsource Mining Inc.
Tel: (778) 919-8615
Email: jcullen@metalsourcemining.com

Cautionary Note About Forward-Looking Statements
This news release may include forward-looking statements that are subject to risks and uncertainties. By its nature, this information is subject to ‎‎inherent risks and ‎‎uncertainties that may be general or specific and which give rise to the possibility that ‎‎expectations, ‎‎forecasts, predictions, projections, or conclusions will not prove to be accurate, that ‎‎assumptions may not ‎‎be correct, and that objectives, strategic goals and priorities will not be achieved. ‎‎These risks and ‎‎uncertainties include but are not limited those identified and reported in the Company's ‎‎public filings ‎‎under the Company's SEDAR profile at www.sedarplus.ca. Although the Company has ‎‎attempted to identify ‎‎important factors that could cause actual actions, events, or results to differ ‎‎materially from those ‎‎described in forward-looking information, there may be other factors that cause ‎‎actions, events or ‎‎results not to be as anticipated, estimated or intended. There can be no assurance that ‎‎such information ‎‎will prove to be accurate as actual results and future events could differ materially from ‎‎those ‎‎anticipated in such statements. The Company disclaims any intention or obligation to update or ‎‎revise any ‎‎forward-looking information, whether as a result of new information, future events or ‎‎otherwise unless ‎‎required by law.‎

Neither the CSE nor the Market Regulator (as that term is defined in the policies of the CSE) 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/298664

FAQ

What equity incentives did Metalsource Mining (OTCQB: MSMMF) grant on May 22, 2026?

Metalsource Mining granted 2,325,000 stock options and 500,000 restricted share units to its consultants. According to Metalsource, the options are exercisable at $1.60 per share for two years, and both awards are issued under existing share compensation plans.

What is the exercise price and term of the new Metalsource Mining (MSMMF) stock options?

The new Metalsource Mining stock options have a $1.60 exercise price and a two-year term. According to Metalsource, an aggregate 2,325,000 options were granted to consultants, aligning the exercise price and duration across the full award pool.

How many restricted share units did Metalsource Mining (MSMMF) issue to consultants?

Metalsource Mining issued 500,000 restricted share units to its consultants. According to Metalsource, these RSUs are valid for a term of two years and were granted under the company’s existing share compensation plans alongside newly issued stock options.

Are the new Metalsource Mining (MSMMF) stock options and RSUs subject to a hold period?

Yes, the new Metalsource Mining stock options and RSUs are subject to a statutory hold period. According to Metalsource, all these securities must be held for four months and one day from issuance before they can be traded.

Under which plans did Metalsource Mining (MSMMF) grant the latest options and RSUs?

The latest Metalsource Mining stock options and RSUs were granted under its share compensation plans. According to Metalsource, both the 2,325,000 options and 500,000 restricted share units follow these established plans and are also restricted by a statutory hold period.