Cascada Announces Grant of Options

Rhea-AI Summary

Cascada Silver Corp (CSE: CSS, OTCQB: CSSCF) has announced two significant corporate developments. The company has granted a total of 5,460,000 stock options, with 1,850,000 options allocated to directors and officers and 3,610,000 to consultants. These options can be exercised at $0.07 per share until March 3, 2026.

Additionally, Cascada has engaged Research Capital (RCC) as a financial advisor for a one-month term to provide capital markets services, including strategic corporate planning and market intelligence. As compensation, RCC will receive 1,200,000 common shares, pending Canadian Securities Exchange approval, subject to a four-month and one-day statutory restriction period.

Positive

• None.

Negative

• Stock option grant of 5.46M shares at $0.07 could lead to dilution
• Additional 1.2M shares to be issued to RCC causing further dilution

Toronto, Ontario--(Newsfile Corp. - March 3, 2025) - Cascada Silver Corp. (CSE: CSS) (OTCQB: CSSCF) ("Cascada") announces that it has granted 5,460,000 stock options with 1,850,000 options granted to directors and officers of Cascada and 3,610,000 options granted to Cascada consultants. Each option entitles the holder to acquire one Cascada common share at an exercise price of $0.07 until March 3, 2026.

Further, Cascada is pleased to announce that the Company has engaged Research Capital Corporation ("RCC") as a financial advisor to provide general capital markets services, including strategic corporate planning, market intelligence, and general advisory services, for a term of one month. In consideration of its engagement, Cascada has agreed to issue to RCC 1,200,000 common shares, subject to the approval of the Canadian Securities Exchange. The common shares issued to RCC will be subject to a statutory restriction period of four months and one day.

About Cascada Silver Corp.

Cascada is a mineral exploration company focused on exploration opportunities in Chile including the Angie Copper Molybdenum Project where Cascada has recently completed a Phase II drill program. Cascada's team of successful exploration professionals are dedicated to the discovery of mineral deposits that can be progressed into economically viable development projects creating value for all stakeholders.

On behalf of Cascada Silver Corp.,

Carl Hansen, CEO
Phone: 416-907-9969

For additional information, please contact us at: IR@cascadasilver.com.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This news release contains forward-looking statements, including predictions, projections and forecasts. Forward-Looking statements include, but are not limited to: plans for the evaluation of exploration properties; the success of evaluation plans; the success of exploration activities; mine development prospects; and, potential for future metals production. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "planning", "expects" or "does not expect", "continues", "scheduled", "estimates", "forecasts", "intends", "potential", "anticipates", "does not anticipate", or describes a "goal", or variation of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved.

Forward-Looking statements involve known and unknown risks, future events, conditions, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, prediction, projection, forecast, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others: changes in economic parameters and assumptions; all aspects related to the timing of exploration activities and receipt of exploration results; the interpretation and actual results of current exploration activities; changes in project or exploration parameters as plans continue to be refined; the results of regulatory and permitting processes; future metals price; possible variations in grade or recovery rates; failure of equipment or processes to operate as anticipated; labour disputes and other risks of the mining industry; the results of economic and technical studies; delays in obtaining governmental approvals or financing or in the completion of exploration; as well as those factors disclosed in Cascada's publicly filed documents.

Although Cascada has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

Neither the Canadian Securities Exchange nor its regulation services provider has reviewed or accepts responsibility for the adequacy or accuracy of the content of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/243023

FAQ

How many stock options did Cascada Silver Corp (CSSCF) grant in March 2025?

Cascada granted 5,460,000 stock options, with 1,850,000 to directors/officers and 3,610,000 to consultants.

What is the exercise price and expiration date for CSSCF's March 2025 stock options?

The options have an exercise price of $0.07 and expire on March 3, 2026.

How many shares will Research Capital receive from Cascada Silver (CSSCF)?

RCC will receive 1,200,000 common shares, subject to CSE approval and a 4-month restriction period.

What services will Research Capital provide to Cascada Silver (CSSCF)?

RCC will provide capital markets services, strategic corporate planning, market intelligence, and general advisory services for one month.