Adoption of Omnibus Incentive Plan & Private Placement Update
Adoption of Omnibus Incentive Plan & Private
Placement Update
Vancouver, British Columbia--(Newsfile Corp. - January 30, 2026) -
iMetal Resources Inc. (TSXV:
IMR) (OTCQB: IMRFF) (FSE: A7VA)
("
iMetal
" or the "
Company
"). The Company confirms
shareholders approved the adoption of a new omnibus incentive plan (the "
Plan
") at the annual general
and special meeting (the "
Meeting
") of shareholders held on August 7, 2025.
The Plan provides for the
grant of incentive stock options ("
Options
"), restricted share units and deferred share units. Up to ten
percent of the outstanding common share capital at any time is reserved for the grant of Options, and an
additional 1,007,465 shares are reserved for the grant of all other equity-based incentives.
For further
information regarding the Plan, and to review the full text of the Plan, readers are encouraged to review
the management information circular sent to shareholders in connection with the Meeting, a copy of
which is available under the profile for the Company on SEDAR+ (
www.sedarplus.ca
).
Private Placement Update
The Company also reports the number of units issued in connection with closing of its $0.13 flow-through
unit private placement on December 17, 2025, was incorrectly reported in the Company's news release
dated December 18, 2025. The Company closed on 4,164,623 units for total gross proceeds of
$541,400.99. All other terms provided in the December 18
th
news release remain the same.
About iMetal Resources Inc.
iMetal is a Canadian-based junior exploration company focused on the exploration and development of
its portfolio of resource properties in Ontario and Quebec. The flagship property Gowganda West, is an
exploration-stage gold project with a recent discovery hole of 48.5m at 0.85 g/t gold that borders the
Juby Deposit and is located within the Shining Tree Camp area in the southern part of the Abitibi
Greenstone Gold Belt about 100 km south-southeast of the Timmins Gold Camp. The 220-hectare Ghost
Mountain property, 42 kilometres NE of Kirkland Lake, lies 5 kilometres W of Agnico Eagle's Holt and
Holloway Mine. Carheil is an exploration stage project with multi-metal potential and previous graphite
results. The project is about 170 km north of Rouyn-Noranda in the Northern Abitibi Greenstone Belt.
ON BEHALF OF THE BOARD OF DIRECTORS
,
Saf Dhillon
President & CEO
iMetal Resources Inc.
Tel. (604-484-3031)
Suite 550, 800 West Pender Street, Vancouver, British Columbia, V6C 2V6
https://imetalresources.ca
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
release.
This release may contain forward-looking statements or forward-looking information under applicable
Canadian securities legislation that may not be based on historical fact, including, without limitation,
statements containing the words "believe", "may", "plan", "will", "estimate", "continue", "anticipate",
"intend", "expect", "potential", and similar expressions. Forward-looking statements involve known
and unknown risks, uncertainties, and other factors which may cause the actual results, performance,
or achievements of iMetal to be materially different from any future results, performance, or
achievements expressed or implied by the forward-looking statements. These forward-looking
statements are based on management's current expectations and beliefs and assume, among other
things, the ability of the Company to successfully pursue its current development plans, that future
sources of funding will be available to the company, that relevant commodity prices will remain at
levels that are economically viable for the Company and that the Company will receive relevant
permits in a timely manner in order to enable its operations, but given the uncertainties, assumptions
and risks, readers are cautioned not to place undue reliance on such forward-looking statements or
information. The Company disclaims any obligation to update, or to publicly announce, any such
statements, events or developments except as required by law.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/282256