Orestone Mining Grants Stock Options

Rhea-AI Summary

Orestone Mining (OTC: ORESF) granted incentive stock options for an aggregate of 3,935,000 common shares at a strike price of $0.15 per share. The options expire five years from the grant date, on February 9, 2031, and vest 25% at grant then 25% at three, six and nine months.

All grants are subject to regulatory approval and the company's stock option plan approved by shareholders on December 11, 2025.

Vancouver, British Columbia--(Newsfile Corp. - February 9, 2026) - Orestone Mining Corp. (TSXV: ORS) (OTC Pink: ORESF) (FSE: O2R2) ("the Company") has, subject to regulatory approval, granted to officers, directors, advisors and consultants of the Company incentive stock options to purchase an aggregate of 3,935,000 common shares. The options entitle the holders to purchase the equivalent number of common shares of the company at a price of $0.15 per common share for a period of five years from the date of grant (February 9, 2031). The options will vest as follows: 25 per cent on the date of grant, followed by an additional 25 per cent on each of the three, six and nine-month anniversaries of the date of grant.

All grants of options are subject to the Company's Stock option plan, which was approved by shareholders at Orestone's annual meeting of shareholders on December 11, 2025.

About Orestone
Orestone Mining Corp. is a well-funded, Canadian based company with an internationally experienced management team. The Board of Directors and management team have experience in all aspects of the mining business having been involved in numerous corporate and project level successes. Orestone's property portfolio includes exposure to gold, silver and copper on projects located in Canada and Argentina. Our near-term objective on the Francisca Gold-Silver Project, located in Salta, Argentina is to define an oxide gold deposit mineable by open pit methods. The Company's 100 percent owned Captain Gold-Copper Project, located in British Columbia, Canada hosts a large gold dominant porphyry system that is permitted for 79 drill locations. Both projects are road accessible and suitable for exploration year-round.

To learn more about the Company and to stay up to date on corporate developments go to our website at www.orestone.ca and sign up for our investor email updates or email us at info@orestone.ca.

ON BEHALF OF ORESTONE MINING CORP.

David Hottman

CEO

For further information contact: David Hottman at 604-629-1929 / info@orestone.ca

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 News Release. This news release has been prepared by management and no regulatory authority has approved or disapproved the information contained herein.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/283193

FAQ

What did Orestone Mining (ORESF) announce on February 9, 2026 about stock options?

They granted a total of 3,935,000 incentive stock options at $0.15 per share. According to the company, options vest 25% at grant and 25% at three, six and nine months, expiring on February 9, 2031.

Who received the Orestone Mining (ORESF) option grants and what approvals are required?

Options were granted to officers, directors, advisors and consultants of the company. According to the company, all grants are subject to regulatory approval and the company’s shareholder-approved stock option plan.

How do the Orestone (ORESF) options vest and when do they expire?

Vesting is 25% at grant, then 25% at three, six and nine months after grant. According to the company, all options expire five years from grant on February 9, 2031.

What is the exercise price and potential dilution from Orestone Mining's (ORESF) option grant?

The exercise price is $0.15 per common share for 3,935,000 options. According to the company, the announcement does not state total outstanding shares, so dilution percentage is not provided.

Was the Orestone (ORESF) stock option plan shareholder-approved and when?

Yes. According to the company, the stock option plan was approved by shareholders at the annual meeting on December 11, 2025, and all grants are made under that plan.