Signature Resources Announces Option Grant to the Board, Management and Advisors
TSXV-SGU OTCQB-SGGTF FSE-3S30
66 Wellington Street West, Suite 4100, TORONTO, ONTARIO M5K 1B7
www.signatureresources.ca
Signature Resources Announces Option Grant to the Board, Management and
Advisors
Toronto, Ontario, October 17 2025, Signature Resources Ltd. (TSXV: SGU, OTCQB: SGGTF , FSE:
3S30) ("Signature" or the "Company") is pleased to announce that the Board of Directors has granted
a combined total of 2,400,000 incentive stock options to the Board, Management and Advisors
of the Company. The options have an exercise price of $0.055 , in line with the concurrent
financing, and expire five years from the grant date. The options vest 25% immediately and 25%
annually thereafter until the third anniversary. The options are the only form of compensation
provided to non-executive directors of the Company.
All options are subject to the terms and conditions of the Company’s Option Plan and applicable
regulatory approvals.
About Signature Resources Ltd.
The Company is a Canadian based advanced stage exploration company focused on expanding
the 100% Lingman Lake gold deposit, located within the prolific Red Lake district in Northwestern
Ontario, Canada. The Lingman Lake gold property (the "Property") consists of 1,274 single-cell
and 13 multi-cell staked claims, four freehold fully patented claims and 14 mineral rights patented
claims totaling approximately 24,821 hectares. The Property includes what has historically been
referred to as the Lingman Lake Gold Mine, an underground substructure consisting of a 126.5-
metre shaft, and 3-levels at depths of 46-metres, 84-metres and 122-metres. There has been
over 43,222 metres of drilling done on the Property an d four 500-pound bulk samples that
averaged 19 grams per tonne of gold. The Company’s initial mineral resource estimate contain
an indicated 95,200 ounces with an average grade of 1.38 g/t Au and and inferred 674,320
ounces at and average grade of 1.14 g/ Au at a cutoff grade of 0.30 g/t. The company is focused
on rapidly expanding the known mineralized envelop with its 100% owned diamond drilling rigs.
In November 2023, Wataynikaneyap Power energized a new 115kV high tension transmission
line within 40 km of the historic Lingman Lake Mine (https://www.wataypower.ca/).
To f i n d o u t m o r e a b o u t S i g n a t u r e , v i s i t www.signatureresources.ca or contact:
Dan Denbow
Chief Executive Officer
(800) 259-0150
or contact :
Renmark Financial Communications Inc.
TSXV-SGU OTCQB-SGGTF FSE-3S30
66 Wellington Street West, Suite 4100, TORONTO, ONTARIO M5K 1B7
www.signatureresources.ca
John Boidman: [email protected]
T el: (416) 644-2020 or (212) 812-7680
www.renmarkfinancial.com
Cautionary Notes
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 news release.
This news release contains forward-looking statements which are not statements of historical fact. Forward -looking statements
include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the
Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms
as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are
based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties.
Although these statements are based on information currently available to the Company, the Company provides no assurance that
actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward-looking information
could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by
such forward-looking information. Forward-looking information in this news release includes, but is not limited to, the Company’s
objectives, goals or future plans, statements, exploration results, potential mineralization, the estim ation of mineral resources,
exploration and mine development plans, timing of the commencement of operations and estimates of market conditions and risks
associated with infectious diseases and global geopolitical events. Factors that could cause actual results to differ materially from
such forward-looking information include, but are not limited to changes in general economic and financial market conditions, failure
to identify mineral resources, failure to convert estimated mineral resources to reserves, the inability to complete a feasibility study
which recommends a production decision, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain
required governmental, environmental or other project approvals, political risks, inability to fulfill the duty to accommodate First
Nations and other indigenous peoples, uncertainties relating to the availability and costs of financing needed in the future, changes in
equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital
and operating costs varying significantly from estimates and the other risks involved in the mineral exploration and developm ent
industry, and those risks set out in the Company’s public documents filed on SEDAR. Although the Company believes that the
assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should
not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such
events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revi se any
forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.