Rockhaven Resources Ltd. Appoints Brad Thrall as Managing Director and Grants Incentive Stock Options

Rhea-AI Summary

Rockhaven Resources (TSXV:RK) has appointed Brad Thrall as Managing Director, strengthening its executive team with his extensive mine development expertise. Thrall, who will maintain his position as a Director, brings over 25 years of experience in permitting, developing, and operating mines in the Yukon. In his new role, he will lead the advancement of economic studies, permitting, and development of the Klaza project. Additionally, the company has granted 8,425,000 incentive stock options to Directors, Officers, employees, and consultants at $0.07 per share, exercisable over five years with quarterly vesting beginning three months after issuance.

Positive

• Appointment of experienced executive Brad Thrall with 25+ years of relevant mining experience in Yukon
• Strategic focus on advancing the Klaza project's economic studies and development
• Alignment of management interests with shareholders through stock option grants

Negative

• Potential dilution from 8,425,000 new stock options at $0.07 per share

News Market Reaction – RKHNF

%

1 alert

% News Effect

On the day this news was published, RKHNF declined NaN%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

VANCOUVER, BC / ACCESS Newswire / June 4, 2025 / Rockhaven Resources Ltd. (TSXV:RK) ("Rockhaven") is pleased to announce the appointment of Brad Thrall as Managing Director. This leadership addition strengthens the mine development and executive management expertise within Rockhaven's Executive team. Mr. Thrall will remain as a Rockhaven Director.

"Having served with Brad over the past two and a half years on the Rockhaven Board of Directors, it is my pleasure to announce his expanding role with Rockhaven, which now includes an Executive appointment." stated Matt Turner, Rockhaven's CEO. "In this new position, Brad will take on responsibility for advancing the economic studies, permitting and development of the Klaza project. Brad's 25+ years of experience in permitting, developing and operating mines in the Yukon will be invaluable as we continue to de-risk and demonstrate the value of our Klaza project."

Rockhaven also announces that it has granted incentive stock options to Directors, Officers, employees and consultants, entitling those persons to purchase up to a total of 8,425,000 common shares at a price of $0.07 for a period of five years. All options will vest on a quarterly basis commencing three months from the date of granting.

About Rockhaven

Rockhaven Resources Ltd. is focused on advancing its 100%-owned, camp-scale Klaza Property, which hosts the Klaza Deposit and numerous lightly explored exploration targets. Rockhaven has completed a mineral resource estimate and a preliminary economic assessment on the Klaza deposit (see Klaza Property Technical Report with an effective date of July 10, 2020 and titled, "Technical Report and Preliminary Economic Assessment Update for the Klaza Property, Yukon, Canada." which can be viewed at www.sedarplus.ca under the Rockhaven profile or on the Rockhaven website at www.rockhavenresources.com).

Matthew Turner
President, CEO and Director
Rockhaven Resources Ltd.
T:604-687-2522
mturner@rockhavenresources.com

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 NEWS RELEASE.

SOURCE: Rockhaven Resources Ltd.

View the original press release on ACCESS Newswire

FAQ

Who is Brad Thrall and what is his new role at Rockhaven Resources (RKHNF)?

Brad Thrall has been appointed as Managing Director at Rockhaven Resources, while maintaining his position as a Director. He brings over 25 years of experience in permitting, developing, and operating mines in the Yukon.

What are Brad Thrall's responsibilities as Managing Director of Rockhaven Resources?

As Managing Director, Brad Thrall will be responsible for advancing the economic studies, permitting, and development of the Klaza project.

How many stock options did Rockhaven Resources grant and at what price?

Rockhaven Resources granted 8,425,000 incentive stock options at $0.07 per share, exercisable over five years with quarterly vesting starting three months after issuance.

What is the vesting schedule for Rockhaven Resources' new stock options?

The stock options will vest on a quarterly basis, beginning three months from the date of granting, over a five-year period.

Who received the stock options from Rockhaven Resources (RKHNF)?

The stock options were granted to Rockhaven's Directors, Officers, employees, and consultants.