Ridgeline Minerals Announces Grant of Incentive Stock Options

Rhea-AI Summary

Ridgeline Minerals (OTCQB: RDGMF) has announced the grant of equity-based compensation to company insiders and employees. The company has issued 1,955,000 stock options exercisable at $0.24 per share with a five-year term. Additionally, the company granted 800,000 deferred share units (DSUs) to directors and 450,000 restricted share units (RSUs) to eligible persons. All grants will be subject to applicable securities law hold periods.

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Vancouver, British Columbia--(Newsfile Corp. - September 29, 2025) - Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0) ("Ridgeline" or the "Company") today announces the Company has granted an aggregate of 1,955,000 stock options to directors, officers, employees and consultants of the Company in accordance with the Company's incentive stock option plan. These incentive stock options are exercisable at $0.24 per share for a period of five years. The Company also announces that it has granted an aggregate of 800,000 deferred share units, ("DSUs") to the directors of the Company and 450,000 restricted share units ("RSUs") to eligible persons of the Company. The DSUs and RSUs are governed by the Company's RSU/DSU Plan and will be subject to applicable securities law hold periods.

About Ridgeline Minerals Corp.
Ridgeline Minerals is a discovery focused precious and base metal explorer with a proven management team and a 201km² exploration portfolio across five projects in Nevada, USA. The Company is a hybrid explorer with a mix of 100%-owned exploration assets (Big Blue and Bell Creek) as well as two earn-in exploration agreements with Nevada Gold Mines at its Swift and Black Ridge projects and a third earn-in with South32 at its Selena project. More information about Ridgeline can be found at www.ridgelineminerals.com.

On behalf of the Board
"Chad Peters"
President & CEO

Further Information:
Chad Peters, P.Geo.
President, CEO & Director
Ridgeline Minerals Corp.
+1 775 304 9773
cpeters@ridgelineminerals.com

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/268245

FAQ

What stock options did Ridgeline Minerals (RDGMF) grant in September 2025?

Ridgeline Minerals granted 1,955,000 stock options exercisable at $0.24 per share for a five-year period to directors, officers, employees and consultants.

How many DSUs and RSUs did Ridgeline Minerals issue in September 2025?

Ridgeline Minerals granted 800,000 deferred share units (DSUs) to directors and 450,000 restricted share units (RSUs) to eligible persons.

What is the exercise price and term of Ridgeline Minerals' September 2025 stock options?

The stock options are exercisable at $0.24 per share with a five-year term.

Who received the stock options, DSUs, and RSUs from Ridgeline Minerals?

The stock options were granted to directors, officers, employees and consultants. The DSUs were granted to directors, and RSUs were granted to eligible persons of the company.