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StrikePoint Provides Corporate Update

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StrikePoint Gold Inc. provides a corporate update by filing its 2023 Annual Filings, AIF, and financial statements. The company grants incentive stock options to directors, officers, consultants, employees, and Knox Communications Inc. Options are exercisable at $0.075 per share until April 18, 2029, with vesting conditions specified.
StrikePoint Gold Inc. fornisce un aggiornamento aziendale con la presentazione dei suoi documenti annuali del 2023, dell'AIF e dei bilanci finanziari. L'azienda concede opzioni su azioni incentivanti a direttori, dirigenti, consulenti, impiegati e Knox Communications Inc. Le opzioni sono esercitabili al prezzo di $0.075 per azione fino al 18 aprile 2029, con condizioni di maturazione specificate.
StrikePoint Gold Inc. proporciona una actualización corporativa mediante la presentación de sus Informes Anuales de 2023, el AIF y los estados financieros. La compañía otorga opciones de acciones de incentivo a directores, oficiales, consultores, empleados y Knox Communications Inc. Las opciones se pueden ejercer a $0.075 por acción hasta el 18 de abril de 2029, con condiciones de vesting especificadas.
StrikePoint Gold Inc.는 2023년 연차 보고서, AIF 및 재무제표를 제출함으로써 회사 업데이트를 제공합니다. 이 회사는 이사, 임원, 컨설턴트, 직원 및 Knox Communications Inc에 인센티브 스톡 옵션을 부여합니다. 옵션은 2029년 4월 18일까지 주당 $0.075로 행사할 수 있으며, 특정 조건이 명시되어 있습니다.
StrikePoint Gold Inc. fournit une mise à jour corporative en déposant ses documents annuels 2023, l'AIF et les états financiers. L'entreprise accorde des options d'achat d'actions incitatives aux directeurs, cadres, consultants, employés et à Knox Communications Inc. Les options sont exerçables à 0,075 $ par action jusqu'au 18 avril 2029, avec des conditions d'acquisition spécifiées.
StrikePoint Gold Inc. bietet ein Unternehmensupdate durch die Einreichung seiner Jahresberichte 2023, des AIF und der Finanzausweise. Das Unternehmen gewährt den Direktoren, Führungskräften, Beratern, Mitarbeitern und Knox Communications Inc. Anreizaktienoptionen. Die Optionen sind bis zum 18. April 2029 zu einem Preis von $0.075 pro Aktie ausübbar, mit spezifizierten Vesting-Bedingungen.
Positive
  • StrikePoint Gold Inc. files its 2023 Annual Filings, AIF, and financial statements with Canadian securities regulators.
  • Grant of 7,694,500 incentive stock options to directors, officers, consultants, employees, and 750,000 options to Knox Communications Inc.
  • Options exercisable at $0.075 per share until April 18, 2029, with vesting conditions for Knox Communications Inc.
  • Options granted to directors, officers, and consultants subject to resale restrictions until August 18, 2024.
Negative
  • None.

Vancouver, British Columbia--(Newsfile Corp. - April 18, 2024) - StrikePoint Gold Inc. (TSXV: SKP) (OTCQB: STKXF) ("StrikePoint" or the "Company") announces it has filed its Annual Information Form ("AIF"), annual financial statements and the related Management Discussion and Analysis for the year ended December 31, 2023 (together, the "2023 Annual Filings"), with the Canadian securities regulators. The 2023 Annual Filings and AIF are available under the Company's profile on SEDAR at www.sedarplus.ca and on StrikePoint's website at www.strikepointgold.com.

Grant of Options

The Company announces that it has granted 7,694,500 incentive stock options (the "Options") to certain directors, officers, consultants and employees. The options are exercisable at a price of $0.075 per share until April 18, 2029.

Additionally, a total of 750,000 incentive options have been awarded to Knox Communications Inc., a Canadian based firm focusing on marketing, investor communications and capital raising endeavors for the Company. The options are exercisable at a price of $0.075 per share until April 18, 2029. The options awarded to Knox Communications Inc. will vest on a quarterly basis over a twelve-month period in tranches of 25% each. For further information on Knox Communications Inc., please refer to the Company's April 27, 2023 news release.

Options granted to directors, officers, and consultants of the Company are subject to restrictions on resale until August 18, 2024.

About StrikePoint

StrikePoint Gold is a gold exploration company focused on building precious metals resources in Canada and the Western United States.

The Cuprite Gold Project consists of approximately 574 unpatented claims covering approximately 44-square kilometers, located 15-kilometers south of Goldfield Nevada, and 85-kilometers northwest of Beatty. The project is easily accessible by Highway 95 on the western margin of the property. The project is located within the Walker Lane Gold Trend, which hosts AngloGold's exciting Silicon Gold and Merlin discoveries approximately 75-kilometers southeast of Cuprite. In addition, the Walker Lane hosts Tier 1 gold mines including Kinross's Round Mountain Mine located approximately 130-kilometers North of Cuprite Gold Project.

In addition to Cuprite Gold Project, the Company controls two advanced-stage exploration assets in British Columbia's Golden Triangle: the past-producing high-grade silver Porter-Idaho Project and the high-grade gold Willoughby Project.

ON BEHALF OF THE BOARD OF DIRECTORS OF STRIKEPOINT GOLD INC.

"Michael G. Allen"

Michael G. Allen
President, Chief Executive Officer & Director

For more information, please contact:

StrikePoint Gold Inc.
Michael G. Allen, President CEO & Director
T: (604) 609-6107
E: ma@strikepointgold.com
W: www.strikepointgold.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/206156

FAQ

What did StrikePoint Gold Inc. announce in the recent press release?

StrikePoint Gold Inc. announced the filing of its 2023 Annual Filings, AIF, and financial statements with Canadian securities regulators.

How many incentive stock options were granted by the company?

StrikePoint Gold Inc. granted a total of 7,694,500 incentive stock options to certain individuals and 750,000 options to Knox Communications Inc.

What is the exercise price for the options granted?

The options are exercisable at a price of $0.075 per share until April 18, 2029.

Who are the recipients of the options granted by StrikePoint Gold Inc.?

The options were granted to certain directors, officers, consultants, employees, and Knox Communications Inc.

What are the vesting conditions for the options awarded to Knox Communications Inc.?

The options awarded to Knox Communications Inc. will vest on a quarterly basis over a twelve-month period in tranches of 25% each.

Until when are the options granted to directors, officers, and consultants subject to resale restrictions?

The options granted to directors, officers, and consultants of StrikePoint Gold Inc. are subject to restrictions on resale until August 18, 2024.

STRIKEPOINT GOLD INC ORD

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