Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

GRG.V ·

Grant of Stock Options - AMENDED

Share Capital & Compensation

Terminal City Club Tower, Suite 312 - 837 West Hastings Street

Vancouver, BC CANADA V6C 3N6 TSX Venture Exchange (TSX-V): GRG

Tel: 604-687-1828 • Fax: 604-687-1858 • Toll Free: 1-800-901-0058 Frankfurt Stock Exchange (FSE): GAC

www.goldenarrowresources.com • [email protected] OTCQB Venture Market (OTCQB): GARWF

___________________________________________________________________________________________________

-NOT FOR DISTRIBUTION IN THE UNITED STATES OR FOR DISSEMINATION TO OR THROUGH US NEWSWIRE SERVICES -

NEWS RELEASE – June 23, 2017

Grant of Stock Options - AMENDED

Vancouver, BC / Marketwired / June 23, 2017 / Golden Arrow Resources Corporation (TSX-V: GRG, FRA:

GAC (WKN: A0B6XQ), “Golden Arrow” or the “Company”) announces that further to the Company’s news

release dated June 22, 2017, the amended price of the stock options is $0.62 per share. The number of

incentive stock options to consultants, management company employees, officers and directors of the

Company to purchase up to 3,570,000 common shares in the capital stock of the Company are exercisable for

a period of five years, and subject to a four-month hold period.

About TSX Venture 50™

The TSX Venture 50™ are the top 10 companies listed on the TSX Venture Exchange, in each of the five major

industry sectors – mining, oil & gas, clean technology & life sciences, diversified industries and technology –

based on a ranking formula with equal weighting given to return on investment, market cap growth, trading

volume and analyst coverage. All data was as of December 31, 2016.

About Golden Arrow:

Golden Arrow Resources Corporation is an exploration company with a track record of creating value by making

precious and base metal discoveries and advancing them into exceptional deposits. Golden Arrow will earn

production income from its 25% share of the Chinchillas -Pirquitas silver mining project, a joint venture with

Silver Standard, with more than 8 years of planned production and upside potential. Golden Arrow is actively

exploring its portfolio of 200,000 hectares of properties in Argentina, including the new Antofalla silver -gold-

base metal project with similarities to Chinchillas.

About Grosso Group:

Grosso Group Management Ltd. is a private management company founded in 1993, recognized as a leading

pioneer of mineral exploration in South America. The group operates with the objective of creating investor

value through the growth of the publicly listed member companies, which include: Golden Arrow Resources

Corp., Blue Sky Uranium Corp., and Argentina Lithium & Energy Corp.

Golden Arrow was recognized as a TSX Venture 50™ company in 2017. TSX Venture 50™ is a trademark of

TSX Inc. and is used under license.

ON BEHALF OF THE BOARD

“Joseph Grosso”

_______________________________

Mr. Joseph Grosso,

Executive Chairman, President and CEO

News Release June 23, 2017

Golden Arrow Resources Corporation Page 2

For further information please contact:

Corporate Communications

Tel: 1-604-687-1828

Toll-Free: 1-800-901-0058

Email: [email protected]

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX

Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain forward-looking statements. Forward-looking statements address future events and

conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently

anticipated in such statements. Readers are encouraged to refer to the Company's public disclosure documents for a

more detailed discussion of factors that may impact expected future results. The Company undertakes no obligation to

publicly update or revise any forward-looking statements.

The securities being offered have not been, nor will they be registered under the United States Securities Act of 1933, as

amended, or state securities laws and may not be offered or sold within the United States or to, or for the account or

benefit of, U.S. persons absent U.S. federal and state registration or an applicable exemption from the U.S. registration

requirements. This release does not constitute an offer for sale of securities in the United States.