Pacific Booker Minerals Inc. Grants Options to New Director

Q: What options did Pacific Booker (PBMLF) grant to new director Jonathan McCullough on May 1, 2026?

According to the company, Pacific Booker granted 250,000 stock options to Jonathan McCullough exercisable at $2.80 per share and expiring May 1, 2029 .

Q: When do the Pacific Booker (PBMLF) options granted May 1, 2026 vest and expire?

According to the company, the options vest on grant in line with the stock option plan and TSXV policies, and they expire May 1, 2029 , three years after the grant date.

Q: Is the Pacific Booker (PBMLF) option grant to a director finalized or conditional?

According to the company, the grant is subject to TSX Venture Exchange approval , meaning the award is conditional pending the exchange's acceptance before it is finalized.

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Rhea-AI Summary

Pacific Booker Minerals (OTC Pink: PBMLF) granted 250,000 stock options to new director Jonathan McCullough on May 1, 2026. The options are exercisable at $2.80 per share, vest immediately, and expire on May 1, 2029. Grant is subject to TSX Venture Exchange approval.

The release includes a forward-looking statement disclaimer and contact details for CEO John Plourde.

News Market Reaction – PBMLF

-2.30%

-2.30% Session close to close

In the May 1 session, PBMLF declined 2.30%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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05/01/2026 - 03:44 PM

Vancouver, British Columbia--(Newsfile Corp. - May 1, 2026) - Pacific Booker Minerals Inc. (TSXV: BKM) (OTC Pink: PBMLF) ("Pacific Booker" or the "Company") announces that the Board of Directors has granted 250,000 stock options to Jonathan McCullough pursuant to the Company's stock option plan.

The stock options are exercisable at a price of $2.80 per common share and will expire on May 1, 2029, being three years from the date of grant. The options will vest on grant, in accordance with the terms of the Company's stock option plan and the policies of the TSX Venture Exchange.

The grant of options remains subject to the approval of the TSX Venture Exchange.

If you would like to be added to or removed from the email newsgroup, please send your request by email to info@pacificbooker.com.

On Behalf of the Board of Directors

"John Plourde"

John Plourde, Director

Contact Information:
John Plourde, CEO, President and Director
(604) 681-8556

No regulatory authority has approved or disapproved the information contained in this news release. This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, statements are not guarantees of future performance and actual results or developments may differ materially from the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration successes, continued availability of capital and financing, general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/295546

FAQ

What options did Pacific Booker (PBMLF) grant to new director Jonathan McCullough on May 1, 2026?

According to the company, Pacific Booker granted 250,000 stock options to Jonathan McCullough exercisable at $2.80 per share and expiring May 1, 2029.

When do the Pacific Booker (PBMLF) options granted May 1, 2026 vest and expire?

According to the company, the options vest on grant in line with the stock option plan and TSXV policies, and they expire May 1, 2029, three years after the grant date.

Is the Pacific Booker (PBMLF) option grant to a director finalized or conditional?

According to the company, the grant is subject to TSX Venture Exchange approval, meaning the award is conditional pending the exchange's acceptance before it is finalized.

How could the 250,000-option grant to Jonathan McCullough affect PBMLF shareholders?

According to the company, the release states the option terms only; it does not quantify outstanding shares or dilution. Investors should review total shares outstanding to assess potential dilution impact.