First Atlas Resources Corp. Announces Grant of Options and RSUs.
First Atlas Resources Corp. Announces Grant of Opti ons and RSUs.
June 18, 2026 – Vancouver, British Columbia. First Atlas Resources Corp. (the “Company ”) (CSE: HHE)
(Frankfurt: 0NB) (OTCPK: BTKRF) is pleased to announce. subject to CSE approval, the grant of 1,550,000
Restricted Share Units (“RSUs”) to management and c onsultants to the Company. These RSUs will vest
quarterly in 25% increments from the date of grant with the first vesting date being September 18, 202 6.
RSUs are subject to a four-month Exchange Hold Peri od from the date of grant.
The Company also announces, subject to CSE approval , that it has granted 6,300,000options to
consultants and management of the Company. The options are exercisable at a price of $0.05 for a period
of two years. The options are subject to a four-month Exchange hold period form the date of grant.
Insider awards are as follows:
- Richard Penn, CEO – 800,000 RSUs and 1,000,000 op tions;
- Krystal Pineo Director – 250,000 RSUs;
- Kwaku Ashong Director – 250,000 RSUs; and
- Mathieu Piche, Director – 250,000 RSUs;
On behalf of the Board of Directors
Richard Penn
CEO
(778) 384-8923
Cautionary Statement
Except for statements of historic fact, this news release contains certain “forward-looking information” within
the meaning of applicable securities law. Forward-looking information is frequently characterized by words
such as “plan”, “expect”, “project”, “intend”, “bel ieve”, “anticipate”, “estimate” and other similar w ords, or
statements that certain events or conditions “may” or “will” occur. Forward-looking statements are bas ed
on the opinions and estimates at the date the state ments are made, and are subject to a variety of ris ks
and uncertainties and other factors that could caus e actual events or results to differ materially fro m those
anticipated in the forward-looking statements inclu ding, but not limited to delays or uncertainties wi th
regulatory approvals, including that of the CSE. Th ere are uncertainties inherent in forward-looking
information, including factors beyond the Company’s control. There are no assurances that the business
plans for the Company as described in this news rel ease will come into effect on the terms or time fra me
described herein. The Company undertakes no obligat ion to update forward-looking information if
circumstances or management’s estimates or opinions should change except as required by law. The
reader is cautioned not to place undue reliance on forward-looking statements. Additional information
identifying risks and uncertainties that could affe ct financial results is contained in the Company’s filings
with Canadian securities regulators, which are available at www.sedarplus.ca.