Prince Silver Amends Issuance Price of Stock Options
Prince Silver Amends Issuance Price of Stock Options
Vancouver, British Columbia – August 6, 2025 – Prince Silver Corp. (formerly Hawthorn Resources
Corp.) (CSE: PRNC | OTC: HWTNF) (“Prince Silver” or the “Company”) announces that, pursuant to
Prince Silver Corp’s press release issued during market hours on August 5, 2025, the company has
revised the issuance price of 3,150,000 stock options granted Aug 5, 2025 from $0.50 to $0.51 to
comply with the CSE policy 6.5 (3). As outlined in CSE Policy 6.5(3), a Listed Issuer must not grant
Stock Options or Awards with an exercise price lower than the greater of $0.05, and the closing
market prices of the underlying securities on (a) the T rading Day prior to the date of grant of the
Stock Optio n s ; an d (b ) t h e da t e o f g r a n t o f t h e S t o c k O p tio n s . T h e c lo s i n g m ar k e t pr i c e o f t h e
Company’s shares on the date of the grant was $0.01 more than the previous trading day’s close.
The options are now exercisable at C$0.51 per common share for a 5-year period from the date of
grant, subject to Canadian Stock Exchange approval. The grant is in accordance with the Company’s
equity incentive stock option plan. The options will vest over 24 months with one quarter vesting
six months from date of grant and one quarter vesting every 6 months thereafter.
About Prince Silver Corp.
Prince Silver Corp is a silver exploration company focused on advancing the Prince Silver Project
in Nevada, USA. The known deposit identified with historic drilling is open in all directions and is
near surface. Prince Silver Corp also holds interest in the Stampede Gap Project a d istrict scale
copper-gold-moly porphyry system located ~15km NNM of the Prince Silver Project and, holds
option interest in the Broken Handle Project, an early -stage mineral exploration project located
southern British Columbia, Canada.
On Behalf of the Board of Directors
Ralph Shearing, Director, President
T el: 604-764-0965
Email: [email protected]
Website: www.princesilvercorp.com
Forward-Looking Information
Certain statements in this news release are forward-looking statements, including with respect to future
plans, and other matters. Forward -looking statements consist of statements that are not purely
historical, including any statements regarding beliefs, plans, expectations or intentions regarding the
future. Such information can generally be identified by the use of forwarding -looking wording such as
“may”, “expect” , “estimate”, “anticipate”, “intend” , “believe” and “continue” or the negative thereof or
similar variations. Some of the specific forward-looking information in this news release includes, but is
not limited to, statements with respect to: completion of the Acquisition and related transactions,
proposed drill programs, amendments to the Company ’s website, property option payments and
regulatory and corporate approvals. The reader is cautioned that assumptions used in the preparation of
any forward-looking information may prove to be incorrect. Events or circumstances may cause actual
results to differ materially from those predicted, as a result of numerous known and unknown risks,
uncertainties, and other factors, many of which are beyond the control of the Company, including but
not limited to, business, economic and capital market conditions, the ability to manage operating
expenses, dependence on key personnel, completion of satisfactory due diligence in respect of the
Acquisition and related transactions, and compliance with property option agreements. Such statements
and information are based on numerous assumptions regarding present and future business strategies
and the environment in which the Company will operate in the future, anticipated costs, and the ability
to achieve goals. Factors that could cause the actual results to differ mater ially from those in forward-
looking statements include, the continued availability of capital and financing, litigation, failure of
counterparties to perform their contractual obligations, failure to obtain regulatory or corporate
approvals, exploration results, loss of key employees and consultants, and general economic, market or
business conditions. Forward-looking statements contained in this news release are expressly qualified
by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking
information.
The forward-looking statements contained in this news release are made as of the date of this news
release. Except as required by law, the Company disclaims any intention and assumes no obligation to
update or revise any forward-looking statements, whether as a result of new information, future events
or otherwise.
This news release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities in
the United States. The securities have not been and will not be registered under the United States
Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not
be offered or sold within the United States or to U.S. Persons (as defined under the U.S. Securities Act)
unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from
such registration is available.
The CSE has neither approved nor disapproved the contents of this press release and the CSE does not
accept responsibility for the adequacy or accuracy of this release.