Patagonia GOLD Corp. Grants Incentive Stock Options
PATAGONIA GOLD CORP. GRANTS INCENTIVE STOCK OPTIONS
September 26, 2025 Vancouver, BC. Patagonia Gold Corp. (“Patagonia” or the
“Company”) (TSXV: PGDC) announces that it has granted an aggregate of 500,000
incentive stock options (“Options”) under the Company’s stock option plan (the “Stock
Option Plan”) to the directors of the Company, 5,300,000 Options to certain officers of
the Company and 2,100,000 Options to members of senior management of the Company
as part of a long term incentive plan (the “Option Grant”).
All of the Options are exercisable for a period of five years at an exercise price of $0.11.
The Options vest as to one-third on each of the first, second and third anniversary on of
the date of the Option Grant.
The Stock Option Plan allows for the issuance of up to 10% of the issued and outstanding
shares of the Company in the form of Options. As of the date hereof, a total of
465,051,490 shares of the Company are issued and outstanding and the Option Grant
represents approximately 1.7% of the issued and outstanding shares.
About Patagonia Gold
Patagonia Gold Corp. is a South America focused, publicly traded, mining company listed
on the TSX Venture Exchange. The Company seeks to grow shareholder value through
exploration and development of gold and silver projects in the Patagonia region of
Argentina. The Company is primarily focused on the Calcatreu project in Rio Negro and
the development of the Cap-Oeste underground project. Patagonia, indirectly through its
subsidiaries or under option agreements, has mineral rights to over 375 properties in
several provinces of Argentina and is one of the largest landholders in the province of
Santa Cruz, Argentina.
For more information, please contact:
Christopher van Tienhoven, Chief Executive Officer
Patagonia Gold Corp
T: +54 11 5278 6950
FORWARD-LOOKING STATEMENTS
This news release contains certain forward-looking statements, including, but not limited
to, statements about the Company’s focus on growing shareholder value and the
Company’s future plans and intentions. Wherever possible, words such as “may”, “will”,
“should”, “could”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”,
“predict” or “potential” or the negative or other variations of these words, or similar words
or phrases, have been used to identify these forward-looking statements. These
2
statements reflect management’s current beliefs and are based on information currently
available to management as at the date hereof.
Forward-looking statements involve significant risk, uncertainties and assumptions. Many
factors could cause actual results, performance or achievements to differ materially from
the results discussed or implied in the forward-looking statements. These factors should
be considered carefully and readers should not place undue reliance on the forward-
looking statements. Although the forward-looking statements contained in this news
release are based upon what management believes to be reasonable assumptions, the
Company cannot assure readers that actual results will be consistent with these forward-
looking statements. These forward- looking statements are made as of the date of this
news release, and the Company assumes no obligation to update or revise them to reflect
new events or circumstances, except as required by law.
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.