Stuhini Exploration Grants Stock Options
Stuhini Exploration Grants Stock Options
VANCOUVER, BC
,
Jan. 14, 2025
/CNW/ - Stuhini Exploration Ltd. ("
Stuhini
" or the "
Company
")
(TSX-V: STU
and
OTCQB: STXPF)
announces the Companies board of directors has authorized
and approved, as of today, the grant of stock options to directors, officers, employees and
consultants to purchase an aggregate of 1,765,000 common shares of the Company at an exercise
price of
$0.12
per share for a 36 month term expiring
January 14, 2028
. The option grants vest in
stages of 25% every six months such that all options will fully vest by
January 14, 2027
subject to
meeting the terms and conditions of the Company's Stock Option Plan. The option grants are subject
to any necessary regulatory approvals.
About Stuhini Exploration Ltd.
Stuhini
is a mineral exploration company focused on exploration and development of precious and
base metals properties in western
Canada
and the southwest
United States
. The Company's
portfolio of exploration properties includes: the flagship Ruby Creek Property, 14 km east of
Atlin
,
BC; the
Que
Project, 70 km north of Johnson's Crossing,
Yukon
; the South Thompson Nickel
Project, 35 km northwest of
Grand Rapids, Manitoba
; the Big Ledge Property, 57 km south of
Revelstoke
, BC; the Red Hills Project in northeast
Nevada
; the Jersey Valley Project in northwest
Nevada
; and the Lindsay Project in southeast
Arizona
.
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.
SOURCE
Stuhini Exploration Ltd.
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For further information:
For further information please contact: David O'Brien, President & Chief
Executive Officer Telephone: (604) 835-4019, Email: [email protected]
CO: Stuhini Exploration Ltd.
CNW 23:55e 14-JAN-25