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Stinger Resources Inc. Announces Cancellation of Incentive Stock Options

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Stinger Resources (OTC:STNRF) announced that effective November 13, 2025 it cancelled an aggregate of 707,000 incentive stock options that were originally granted on March 19, 2021. The cancelled options carried an exercise price of $0.195.

The action removes those outstanding options from potential future exercise; no further financial details or reasons were provided in the announcement.

Stinger Resources (OTC:STNRF) ha annunciato che, con effetto dall'11 novembre 2025, ha cancellato un totale di 707.000 stock option incentivanti che erano state originariamente concesse il 19 marzo 2021. Le opzioni cancellate avevano un prezzo di esercizio di $0,195.

Nell'azione rimuove queste opzioni in sospeso dal potenziale esercizio futuro; nessun dettaglio finanziario aggiuntivo o motivazioni sono stati forniti nell'annuncio.

Stinger Resources (OTC:STNRF) anunció que, con efecto a partir del 13 de noviembre de 2025, canceló un total de 707.000 opciones de compra de acciones incentivas que fueron originalmente otorgadas el 19 de marzo de 2021. Las opciones canceladas tenían un precio de ejercicio de $0,195.

La acción elimina esas opciones pendientes de ejercicio futuro; no se proporcionaron más detalles financieros ni razones en el anuncio.

Stinger Resources (OTC:STNRF)2025년 11월 13일부로 총 707,000주의 인센티브 주식 옵션을 취소했다고 발표했다. 이 옵션은 원래 2021년 3월 19일에 부여되었고, 행사 가격은 $0.195였다.

이 조치로 남아 있던 옵션은 향후 행사 가능성에서 제거되며, 발표에는 추가 재무 정보나 이유가 제시되지 않았다.

Stinger Resources (OTC:STNRF) a annoncé que, à compter du 13 novembre 2025, il a annulé un total de 707 000 options d'achat d'actions incitatives qui avaient été accordées le 19 mars 2021. Les options annulées avaient un prix d'exercice de 0,195 $.

Cette mesure retire ces options en circulation de tout exercice potentiel futur; aucun détail financier additionnel ni raison n'ont été fournis dans l'annonce.

Stinger Resources (OTC:STNRF) gab bekannt, dass mit Wirkung vom 13. November 2025 insgesamt 707.000 Incentive-Stock-Optionen, die am 19. März 2021 ursprünglich gewährt wurden, storniert wurden. Die stornierten Optionen hatten einen Ausübungspreis von 0,195 $.

Diese Maßnahme entfernt diese ausstehenden Optionen aus dem potenziellen künftigen Ausübung; im Bekanntmachung wurden keine weiteren finanziellen Details oder Gründe angegeben.

Stinger Resources (OTC:STNRF) أعلن أن اعتباراً من 13 نوفمبر 2025 تم إلغاء إجمالي 707,000 خيار أسهم حافز تم منحها أصلاً في 19 مارس 2021. كانت خيارات الإلغاء تحمل سعر ممارسة قدره 0.195 دولار.

هذه الإجراء يزيل تلك الخيارات القائمة من إمكانية التنفيذ في المستقبل؛ لم يتم تقديم مزيد من التفاصيل المالية أو أسباب في الإعلان.

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  • Cancelled 707,000 incentive options exercisable at $0.195 (effective Nov 13, 2025)
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  • None.

Cardston, Alberta--(Newsfile Corp. - November 14, 2025) - Stinger Resources Inc. (CSE: STNG) (the "Company" or "Stinger Resources") reports that effective November 13, 2025, it has cancelled an aggregate of 707,000 incentive stock options previously granted on March 19, 2021, and having an exercise price of $0.195.

About Stinger Resources Inc.:

Stinger Resources holds interests in gold and silver properties in British Columbia, including the 100% owned past producing Dunwell Mine which is located near Stewart in the prolific "Golden Triangle".

The Company also holds a 100% interest in the Gold Hill property located in the headwaters of the Wild Horse River near Fort Steele.

In addition, Stinger Resources owns 100% of the Silver Side property , as well as an optioned interest in the Ample Goldmax property located in other areas of the Province of British Columbia.

ON BEHALF OF STINGER RESOURCES INC.

"Darren Blaney"
Darren Blaney, President & CEO

For further information:

Phone: 403 752-4020
Email: info@stingerresources.com
Additional information about Stinger Resources can be found on its website at: www.stingerresources.com

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statement Regarding Forward-Looking Statements

This news release may contain forward-looking statements (within the meaning of applicable securities laws) which reflect the Company's current expectations regarding future events. Forward-looking statements are identified by words such as "believe", "anticipate", "project", "expect", "intend", "plan", "will", "may", "estimate" and other similar expressions. The forward-looking statements in this news release are based on a number of key expectations and assumptions made by the Company as of the date hereof. Although the forward-looking statements contained in this news release are based on what the Company's management believes to be reasonable assumptions, the Company cannot assure investors that actual results will be consistent with such statements.

The forward-looking statements in this news release are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Several factors could cause actual results to differ materially from the results discussed in the forward-looking statements, including those identified in the Company's most recent Management's Discussion and Analysis, which is available on SEDAR+ at www.sedarplus.ca. Readers, therefore, should not place undue reliance on any such forward-looking statements. These forward-looking statements are made as of the date of this news release and, except as expressly required by applicable law, The Company assumes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/274607

FAQ

What did Stinger Resources (STNRF) announce on November 14, 2025 about stock options?

Stinger Resources announced it cancelled an aggregate of 707,000 incentive stock options effective Nov 13, 2025.

What was the exercise price of the cancelled STNRF options cancelled Nov 13, 2025?

The cancelled options had an exercise price of $0.195.

When were the cancelled STNRF incentive options originally granted?

The options were originally granted on March 19, 2021.

Does the Stinger Resources announcement say why the 707,000 options were cancelled?

No; the announcement only reports the cancellation and the options' grant date and exercise price.

Will cancelling 707,000 options immediately change STNRF outstanding share count?

The announcement states the options were cancelled but does not disclose any immediate change to outstanding share count.
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