CORRECTION to September 29th News Release: Sokoman Minerals Corp. Announces New Leadership Appointments

Rhea-AI Summary

Sokoman Minerals Corp. (OTCQB: SICNF) issued a correction to its earlier press release regarding leadership appointments from September 29, 2025. The company clarified that the exercise price of stock options mentioned in the original release was incorrectly stated as $0.05. The correct exercise price is $0.055 per common share. All other details from the original announcement remain unchanged.

News Market Reaction – SICNF

+99.74%

+99.74% Session close to close

In the Sep 29 session, SICNF gained 99.74%, reflecting a significant positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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St. John's, Newfoundland--(Newsfile Corp. - September 29, 2025) - Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) ("Sokoman" or the "Company"), advises that in the news release titled "Sokoman Minerals Corp. Announces New Leadership Appointments" dated September 29, 2025, the exercise price of the stock options was incorrectly stated as $0.05. The correct exercise price is $0.055 per common share. All other details remain unchanged.

About Sokoman Minerals Corp.

Sokoman Minerals Corp. is a discovery-oriented company and one of the largest landholders in Newfoundland and Labrador, Canada's emerging gold district. The Company's primary focus is its portfolio of gold projects, including the 100%-owned flagship, advanced-stage Moosehead project (a Fosterville-type orogenic gold deposit), the Crippleback Lake (gold-copper porphyry) project, and the district-scale Fleur de Lys (Dalradian-type orogenic gold) project. The Company entered a strategic alliance with Benton Resources Inc. (TSXV: BEX) through three large-scale joint-venture properties, including Grey River, Golden Hope, and Kepenkeck in Newfoundland. The Golden Hope project was recently spun out as a critical minerals-focused company, Vinland Lithium Inc. (TSXV: VLD), of which Sokoman remains a major shareholder along with Benton Resources Inc., and Australian-based Elevra Lithium Ltd. (ASX: SYA) (NASDAQ: ELVR) (OTCQB: SYAXF), formerly known as Sayona Mining Limited.

For more information, please contact:

Denis Laviolette, CEO, Executive Chairman, Director
T: 647-992-9837
E: denis@earthlabs.com

Cathy Hume, VP Corporate Development, Director
T: 416-868-1079 x 251
E: cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: @SokomanMinerals
Facebook: @SokomanMinerals
LinkedIn: @SokomanMineralsCorp

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.

Investors are cautioned that trading in the securities of the Corporation should be considered highly speculative. Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Sokoman Minerals Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Sokoman Minerals Corp.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/268414

FAQ

What was the correction made by Sokoman Minerals (SICNF) in their September 29, 2025 press release?

Sokoman Minerals corrected the exercise price of stock options from $0.05 to $0.055 per common share.

What is the new stock option exercise price for Sokoman Minerals (SICNF)?

The correct stock option exercise price is $0.055 per common share.

Did Sokoman Minerals (SICNF) make any other changes to their leadership appointments announcement?

No, all other details from the original leadership appointments announcement remain unchanged.

When did Sokoman Minerals (SICNF) issue the correction to their press release?

The correction was issued on September 29, 2025, the same day as the original announcement.