Luca Mining Announces Grant of Stock Options and Restricted Share Units
Luca Mining Corp.
` Suite 410, 1111 Melville Street
Vancouver, BC, V6E 3V6, Canada
News Release
Luca Mining Announces Grant of Stock Options and
Restricted Share Units
Vancouver, British Columbia, September 18, 2025 – Luca Mining Corp. (“Luca” or the
“Company”) (TSX-V: LUCA; OTCQX: LUCMF; Frankfurt: Z68) announces that it has granted an
aggregate of 3,200,000 incentive stock options (“Options”) and 875,000 Restricted Share
Units (“RSUs”) to certain officers and directors in accordance with Luca’s omnibus equity
incentive plan. The Options are exercisable at a price of C $1.76 and will expire five years
from the date of their issuance. The Options will vest as follows: (i) 33% on September 18,
2025; (ii) 33% March 18, 2026; and (iii) the balance on September 18, 2026. The RSU’s will
vest on September 18, 2026. In connection with the Options granted to the Directors of the
Company, each Director shall have the option to elect to receive RSUs in lieu of such Options,
at a conversion ratio of 1.5 RSUs for every 3 Options granted . The grant of the Options and
RSUs is subject to approval by the TSX Venture Exchange.
On Behalf of the Board of Directors
(signed) “Dan Barnholden”
Dan Barnholden, Chief Executive Officer
Contact Information:
Sophia Shane
Director of Corporate Development
+1 604 306 6867
For more information, please visit: www.lucamining.com
Cautionary Note Regarding Forward-Looking Statements
It should be noted that Luca declared commercial production at Campo Morado prior to
completing a feasibility study of mineral reserves demonstrating economic and technical
viability. Accordingly, readers should be cautioned that Luca’s production decision has been
made without a comprehensive feasibility study of established reserves such that there is
greater risk and uncertainty as to future economic results from the Campo Morado mine and
a higher technical risk of failure than would be the case if a feasibility study were completed
and relied upon to make a production decision. Luca has completed a preliminary economic
assessment (“PEA”) mining study on the Campo Morado mine that provides a conceptual life
of mine plan and a preliminary economic analysis based on the previously identified mineral
resources (see news releases dated November 8, 2017, and April 4, 2018).
Statements contained in this news release that are not historical facts are “forward -looking
information” or “forward-looking statements” (collectively, “Forward-Looking Information”)
within the meaning of applicable Canadian securities laws. Forward Looking Information
includes, but is not limited to, disclosure regarding the Financings, the anticipated timing of
closing thereof and the expected use of proceeds therefrom; and other possible events,
conditions or financial performance that are based on assu mptions about future economic
conditions and courses of action; the timing and costs of future activities on the Company’s
properties, such as production rates and increases; success of exploration, development and
bulk sample processing activities, and ti ming for processing at its own mineral processing
facility on the Tahuehueto project site. In certain cases, Forward-Looking Information can be
identified using words and phrases such as “plans,” “expects,” “scheduled,” “estimates,”
“forecasts,” “intends,” “anticipates” or variations of such words and phrases. In preparing the
Forward-Looking Information in this news release, the Company has applied several material
assumptions, including, but not limited to, that all requisite approvals in respect of the
Financings will be received, and all conditions precedent to completion of the Financings will
be satisfied, in a timely manner; the Company will be able to raise additional capital as
necessary; the current exploration, development, environmental and other objectives
concerning the Campo Morado Mine and the Tahuehueto Project can be achieved; the
program to improve mining operations at Campo Morado will proceed as planned; the
continuity of the price of gold and other metals, economic and political conditio ns, and
operations. Forward-Looking Information involves known and unknown risks, uncertainties
and other factors which may cause the actual results, performance, or achievements of the
Company to be materially different from any future results, performanc e or achievements
expressed or implied by the Forward -Looking Information. There can be no assurance that
Forward-Looking Information will prove to be accurate, as actual results and future events
could differ materially from those anticipated in such stat ements. Accordingly, readers
should not place undue reliance on Forward-Looking Information. Except as required by law,
the Company does not assume any obligation to release publicly any revisions to Forward -
Looking Information contained in this news relea se to reflect events or circumstances after
the date hereof or to reflect the occurrence of unanticipated events.
Neither 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.