Perseverance Metals Issues Incentive Stock Options
Perseverance Metals Issues Incentive Stock
Options
Vancouver, British Columbia--(Newsfile Corp. - March 24, 2026) - Perseverance Metals Inc. (TSXV:
PMI) ("
Perseverance
", "
PMI
" or the "
Company
") announces that it has issued incentive stock options
(the "
Options
") under the Company's Long-Term Incentive Plan (the "
Plan
") to certain Officers,
Directors, Advisors, employees, and consultants of the Company.
An aggregate of 1,775,000 Options have been issued at an exercise price of $0.65 per share. All of the
Options are subject to vesting over 36 months and will expire 60 months from the date of issuance. The
Options are being issued following the annual compensation review by the Company's Governance and
Nominating Committee in December 2025. All the foregoing Options are subject to the terms of the
Plan, the applicable option agreement, and the requirements of the TSX Venture Exchange.
About Perseverance Metals
Perseverance Metals is a critical minerals explorer with a project portfolio that is strategically located in
key North American Ni-Cu-Co-PGE and hard rock lithium regions, including Québec's prolific James
Bay district and Michigan's productive Mid-Continent Rift.
Our strict science-driven approach and extensive track record of discovery as leveraged via an
exceptional technical advisory board, coupled with an industry-leading team armed with next-generation
exploration tools, provide us with a distinct competitive advantage. This offers a unique opportunity for
investors to be exposed to a portfolio of projects with the potential for multiple discoveries.
Perseverance's exploration assets include:
i). the
Lac Gayot
high-grade Ni-Cu-Co-PGE and lithium pegmatite project, which covers the entirety
of the 30km Venus Greenstone Belt in Québec, featuring multiple, very high-grade Ni-Cu-Co-PGE
showings and zones along with numerous large spodumene-bearing pegmatites with consistent high
lithium grades in channel sampling;
ii). the
Voyageur
Ni-Cu-Co-PGE project which covers 680 km
2
of the Upper Peninsula in Michigan,
65 kilometres west of the only producing nickel mine in the United States is drill-ready, and;
iii). the
Armit Lake
Ni-Cu-Co project, which is the consolidated and underexplored western half of the
nickel- and gold-rich Savant Lake Greenstone Belt in Ontario.
Additional information about Perseverance Metals can be found at
perseverancemetals.com
.
On Behalf of the Board,
Michael J. Tucker
CEO and Director
FOR FURTHER INFORMATION, PLEASE CONTACT:
Perseverance Metals Inc.
Michael J. Tucker, CEO
+1 (778) 834-3528
Perseverance Metals Inc.
John Foulkes, President
+1 (604) 614-2999
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.
Forward-Looking Statements
This news release contains forward-looking statements within the meaning of applicable Canadian
securities legislation, including statements regarding the Company's exploration plans and the
potential development of its mineral properties. Forward-looking statements involve risks and
uncertainties that may cause actual results to differ materially from those anticipated. Readers are
cautioned not to place undue reliance on forward-looking statements. The Company undertakes no
obligation to update or revise such statements except as required by applicable law.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/289755