Spanish Mountain Gold Announces Grant of Stock Options
Spanish Mountain Gold Ltd.
910-1111 Melville Street
Vancouver, British Columbia, V6E 3V6
Tel: 604.601.3651
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Spanish Mountain Gold Announces Grant of Stock Options
Vancouver, B.C. , June 09, 2025 - Spanish Mountain Gold Ltd. (the " Company" or "Spanish
Mountain Gold") (TSX-V: SPA ) (FSE: S3Y ) (OTC QB: SPA UF) announces that it has granted
2,860,500 stock options to officers and directors of the Company and 221,500 stock options to
employees and consultants pursuant to the terms of the Company’s stock option plan. Each
option entitles the holder to acquire one Common Share at an exercise price of $0.175 per
Common Share for ten years.
About Spanish Mountain Gold Ltd.
Spanish Mountain Gold Ltd. is focused on advancing its 100% -owned Spanish Mountain Gold Project
(Project) towards construction of the next gold mine in the Cariboo Gold Corridor, British Columbia. The
Company expects to release at the end of Q2, 2025 , the results for the Project’s newly de-risked and
optimized Prelim inary Economic Assessment (PEA) with an updated Mineral Resource Estimate (MRE) .
Upon receipt of the new PEA and updated MRE, the company will decide t he next steps to advance the
Project to position the company to make a construction decision in or before 2027. We are striving to be a
leader in community and Indigenous relations by leveraging technology and innovation to build the
'greenest' gold mine in Canada. The Relentless Pursuit for Better Gold means seeking new ways to achieve
optimal financial outcomes th at are safer, minimize environmental impact and create meaningful
sustainability for communities. Details on the Company are available on www.sedarplus.ca and on the
Company's website: www.spanishmountaingold.com.
On Behalf of the Board,
“Peter Mah”
President, Chief Executive Officer and Director
Spanish Mountain Gold Ltd.
For more information, contact:
Peter Mah
(604) 601-3651
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 INFORMATION:
Certain of the statements and information in this press release constitute "forward- looking information".
Any statements or information that express or involve discussions with respect to predictions, expectations,
beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always,
using words or phrases such as "expects", "anticipates", "believes", "plans", "estimates", "intends",
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"targets", "goals", "forecasts", "objectives", "potential" or variations thereof or stating that certain actions,
events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative
of any of these terms and similar expressions) are not statements of historical fact and may be considered
forward-looking information. The Company's forward- looking information is based on the assumptions,
beliefs, expectations and opinions of management as of the date of this press rel ease and include but are
not limited to information with respect to, the potential to extend mineralization within the near -surface
environment; the potential to expand resources and to find higher-grade mineralization at depth; the timing,
size and budget of a winter drill program, and the results thereof; and the delivery of a maiden resource for
the Phoenix Target, and the timing and results thereof. Other than as required by applicable securities laws,
the Company does not assume any obligation to updat e forward-looking information if circumstances or
management's assumptions, beliefs, expectations or opinions should change, or changes in any other events
affecting such statements or information. For the reasons set forth above, investors should not place undue
reliance on forward-looking information.