Stinger Resources Inc. Announces Grant of Stock Options
Rhea-AI Summary
Stinger Resources (OTC:STNRF) granted incentive stock options to certain directors, officers and consultants to purchase up to 2,100,000 common shares. The options are exercisable for 10 years at $0.075 per share with a hold period expiring July 12, 2026 in accordance with CSE policies.
This action issues long‑term incentives and creates potential future share issuance if options are exercised.
Positive
- 2,100,000 options granted to align management and consultants
- 10‑year term provides long‑term retention incentive
Negative
- Potential future dilution from 2,100,000 common shares upon exercise
- Low $0.075 exercise price could lead to dilution if market price is higher
News Market Reaction – STNRF
On the day this news was published, STNRF gained 2.71%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Vancouver, British Columbia--(Newsfile Corp. - March 11, 2026) - Stinger Resources Inc. (CSE: STNG) (the "Company") announces that it has granted incentive stock options to certain directors, officers and consultants of the Company to purchase up to an aggregate of 2,100,000 common shares of the Company pursuant to the Company's incentive share option plan. The options are exercisable for a period of 10 years at a price of
About Stinger Resources Inc.:
Stinger Resources holds interests in gold and silver properties in British Columbia, including the
The Company also holds a
In addition, Stinger Resources owns the Silver Side property and 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/288171