Results of AGM, Financing & Stock Options
929 Mainland Street
Vancouver, BC V6B 1S3
Phone
Website
(604) 928-8913
www.lexston.ca
News Release
Lexston Mining Corporation Announces Results of Annual General and Special Meeting, Private
Placement and Stock Option Grant
Vancouver, British Columbia, June 27, 2025. Lexston Mining Corporation (the “Company” or
“Lexston”) (CSE: LEXT) (OTCQB: LEXTF ) (Frankfurt: W5G) announces results of its annual
general meeting, a private placement and a stock option grant.
Results of Annual General and Special Meeting
The Shareholders of the Company approved all matters at the annual general and special meeting
on June 27, 2025. The number of di rectors was fixed at four. Jagdip Bal, Jatinder J. Manhas,
Clinton Sharples, and Richard Walker were reelect ed to the board of directors. WDM Chartered
Professional Accountants were appointed as auditors for the upcoming year. Shareholders also re-
approved the Company’s 10% rolling stock option plan.
Private Placement
The Company also announces a private placem ent of up to 7,355,000 commons shares (the
“Shares”) at a price of $0.085 per share for gross proceeds of up to $625,175 (the “Financing”).
The Shares issued pursuant to the Financing will be subject to the four months plus one day
statutory hold period. The Company plans to use the funds for exploration expenditures and
general working capital.
The Company plans to issue up to 500,000 Shares as flow-through shares as part of the Financing.
Completion of the Financing is subject to certain conditions including the receipt of all necessary
approvals and the acceptance by the Canadian Securities Exchange.
This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities
in the United States, nor shall there be any sale of the securities in any jurisdiction in which such
offer, solicitation or sale would be unlawful. Th e securities being offered have not been, nor will
they be, registered under the United States Securities Act of 1933, as amended (the "1933 Act") or
under any U.S. state securities laws, and may not be offered or sold in the United States absent
registration or an applicable exemption from the regi stration requirements of the 1933 Act, as
amended, and applicable state securities laws.
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Stock Option Grant
The Company announces that it has granted incentive stock options to certain directors, officers,
and consultants to purchase up to an aggreg ate of 730,000 common sh ares in the Company
pursuant to the Company’s share option plan. The options are exercisable for a period of five years
at a price of $0.14 per share. The options, and any underlying common shares issued on exercise
thereof, will have a hold period expiring Octobe r 28, 2025, in accordance with the policies of the
Canadian Securities Exchange and applicable securities laws.
About Lexston Mining Corporation
The Company is a Canadian mi neral exploration company, focused on the acquisition and
development of mineral projects, with the objective to enhance valu e to all its stakeholders. The
Company has a mineral exploration project in British Columbia, Canada.
The Company (OTCQB: LEXTF) trades on the OT CQB Venture Market for early stage and
developing U.S. and internati onal companies. Companies are cu rrent in their reporting and
undergo an annual verification and management cer tification process. I nvestors can find Real-
Time quotes and market information for the company on www.otcmarkets.com.
On Behalf of the Board of Directors
LEXSTON MINING CORPORATION
Jagdip Bal
Chief Executive Officer
Telephone: (604) 928-8913
Email: [email protected]
The Canadian Securities Exchange has not review ed and does not accept responsibility for the
adequacy or accuracy of the content of this news release.