Prospector Issues Stock Options

Rhea-AI Summary

Prospector Metals Corp. (TSXV: PPP) (OTCQB: PMCOF) has granted 2,800,000 incentive stock options to its directors, officers, and consultants. The options are exercisable at C$0.25 per common share for a five-year period, subject to TSX Venture Exchange acceptance. The grant is in accordance with the Company's omnibus equity incentive plan.

Positive

• None.

Negative

• Potential dilution of 2,800,000 shares if all options are exercised
• Stock options granted at C$0.25 represent additional compensation expense for the company

Vancouver, British Columbia--(Newsfile Corp. - June 13, 2025) - Prospector Metals Corp. (TSXV: PPP) (OTCQB: PMCOF) (FSE: 1ET0) ("Prospector" or the Company") announces that it has granted a total of 2,800,000 incentive stock options to directors, officers and consultants of the Company, subject to TSX Venture Exchange acceptance. Each option is exercisable to purchase one common share of the Company for five years at a price of C$0.25 per common share in accordance with the terms of the Company's omnibus equity incentive plan.

About Prospector Metals Corp.

Prospector Metals Corp. is a proud member of Discovery Group. The Company is focused on district scale, early-stage exploration of gold and base metal prospects. Creating shareholder value through new discoveries, the Company identifies underexplored or overlooked mineral districts displaying important structural and mineralogical occurrences similar to more established mining operations. The majority of acquisition activity occurs in Yukon and Ontario, Canada - Tier-1 mining jurisdictions with an abundance of overlooked geological regions possessing high mineral potential. Prospector establishes and maintains relationships with local and Indigenous rightsholders and seeks to develop partnerships and agreements that are mutually beneficial to all interested parties.

On behalf of the Board of Directors,
Prospector Metals Corp.

Dr. Rob Carpenter, Ph.D., P.Geo.
President & CEO

For further information about Prospector Metals Corp. or this news release, please visit our website at prospectormetalscorp.com or contact Prospector at 1-778-819-5520 or by email at info@prospectormetalscorp.com.

Prospector Metals Corp. is a proud member of Discovery Group. For more information please visit: discoverygroup.ca.

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/255564

FAQ

How many stock options did Prospector Metals (PMCOF) grant in June 2025?

Prospector Metals granted 2,800,000 incentive stock options to its directors, officers, and consultants.

What is the exercise price of Prospector Metals' June 2025 stock options?

The exercise price of the stock options is C$0.25 per common share.

How long can the June 2025 Prospector Metals stock options be exercised?

The stock options can be exercised for a period of five years.

Who received the stock options from Prospector Metals (PMCOF)?

The stock options were granted to directors, officers, and consultants of the company.