Lexston cancels outstanding Stock Options
For Immediate Release
Lexston announces cancellation of Stock Options
Vancouver, British Columbia, January 28, 2025. Lexston Mining Corporation (the “Company” or “Lexston”) (CSE: LEXT) (OTCQB: LEXTF) (Frankfurt: W5G) announces that it has cancelled an aggregate of 442,500 incentive stock options (the “Cancelled Options”) previously held by certain directors, officers, employees, and consultants of the Company. The Cancelled Options were comprised of the following:
Number of Cancelled Original Date of Grant Expiry Date Exercise Price Options
| 57,500 | October 3, 2022 | October 3, 2027 | $0.50 |
| 95,000 | January 11, 2024 | January 11, 2029 | $0.80 |
| 150,000 | June 5, 2024 | June 5, 2029 | $0.90 |
| 140,000 | October 7, 2024 | October 7, 2029 | $0.80 |
On Behalf of the Board of Directors LEXSTON MINING CORPORATION
Jagdip Bal Chief Executive Officer Telephone: (604) 928-8913
The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.
929 Mainland Street Phone (604) 928-8913 Vancouver, BC V6B 1S3 Email [email protected] Website www.lexston.ca