International Prospect Ventures Engages Adelaide Capital for Investor Relations Services

Rhea-AI Summary

International Prospect Ventures (URANF) engaged Adelaide Capital for investor relations and consulting services effective October 10, 2025. The agreement is a 12-month term with a monthly fee of up to C$3,000 and a grant of 100,000 stock options under the company's stock option plan. The Options carry an exercise price of C$0.06, expire five years from issuance, and vest in four equal tranches every three months over 12 months. The investor relations agreement is subject to TSX Venture Exchange approval. Adelaide is based in Toronto, principally owned by Deborah Honig, and currently holds no interest in the company or its securities.

Val-d'Or, Québec--(Newsfile Corp. - October 10, 2025) - International Prospect Ventures Ltd. (TSXV: IZZ) (the "Company" or "International Prospect") announces effective October 10, 2025, it has engaged Adelaide Capital ("Adelaide"), a leading investor relations and capital markets advisory firm, to provide investor relations and consulting services to the Company.

Adelaide is a full-service investor relations firm that brings a unique and powerful perspective and a re-engineered investor relations business model. Adelaide will work closely with International Prospect to develop and deploy a comprehensive capital markets program, which includes assisting with non-deal roadshows, virtual campaigns, social media, conferences and assisting with investor communication. In exchange for Adelaide's services, and pursuant to an investor relations consulting agreement (the "IRA"), the Company has agreed to pay a monthly fee of up to C$3,000 per month for a 12-month term in addition to the grant of 100,000 stock options (the "Options") to Adelaide under the Company's stock option incentive plan (the "Plan"). Subject to the policies of the TSX Venture Exchange (the "Exchange") and the terms and conditions of the Plan, the Options will have an exercise price of C$0.06 and shall expire five years from the date of issuance and shall vest in four equal proportions every three months after the grant date for a period of 12 months. The IRA is subject to approval by the Exchange. Adelaide is principally owned by Deborah Honig and is an arm's length company based in Toronto, Ontario. Adelaide is a full-service investor relations and social media firm that specializes in small-cap growth companies. As of the date hereof, Adelaide does not have any interest, directly or indirectly, in the Company or its securities.

About International Prospect Ventures Ltd.

International Prospect Ventures is a junior mineral exploration company that holds interests in mining claims and tenements (and is continuing to acquire additional interests) located primarily in the Pilbara Craton, Western Australia, within an area Southeast of Karratha, where early-stage gold discoveries have been reported.

The Company also has a 100% interest in the Porcupine Miracle Gold Prospect, consisting of 4 mineral claims located in Langmuir Township, Ontario.

International Prospect Ventures continues to evaluate additional opportunities on an ongoing basis.

For additional information, please contact:
Glenn J. Mullan
President and CEO
2772 chemin Sullivan
Val-d'Or, Québec J9P 0B9
Tel.: 514 835-8384
Email: glenn.mullan@groupzedzed.com
Website: www.iprospectventures.ca

Forward-Looking Statements:

This news release contains certain statements that may be deemed "forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or realities may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/270018

FAQ

What are the key terms of International Prospect Ventures' IR agreement with Adelaide Capital (URANF)?

A 12-month agreement effective Oct 10, 2025 with up to C$3,000/month plus 100,000 options at C$0.06 exercise price, five-year expiry, quarterly vesting over 12 months.

How do the 100,000 options granted to Adelaide vest for URANF?

The Options vest in four equal proportions every three months after the grant date, completing vesting over 12 months.

Is the International Prospect Ventures–Adelaide IR agreement approved and final for URANF?

No, the investor relations agreement is subject to approval by the TSX Venture Exchange.

What is the exercise price and expiry for the options granted to Adelaide under URANF's plan?

The Options have an exercise price of C$0.06 and expire five years from issuance.

Does Adelaide Capital hold any shares or interest in International Prospect Ventures (URANF)?

As of the announcement date, Adelaide does not have any interest, directly or indirectly, in the company or its securities.

Who owns Adelaide Capital and where is it based in relation to URANF's announcement?

Adelaide is principally owned by Deborah Honig and is an arm's length company based in Toronto, Ontario.