SRQ Resources Grants Stock Options
132 – 1320 Graham Blvd.
Mont Royal Quebec
H3C 3P8
SRQ RESOURCES GRANTS STOCK OPTIONS
PRESS RELEASE FOR IMMEDIATE RELEASE
Montreal, Quebec, January 27, 2025 – SRQ Resources Inc. (TSXV: SRQ) (“ SRQ” or the
“Company) announced today a grant to the Directors and Officers an aggregate of 1,430,000
stock options ( Incentive Options ), each exercisable to acquire one Common Share at an
exercise price of $0.13 on or before January 24, 2035, being the date that is 10 years from their
date of grant. The Incentive Options granted in connection with the Annual Grant will vest in four
equal instalments over 18 months, with 25% of the Incentive Options vesting on the date hereof,
and 25% of the Incentive Options vesting every 6 months afterward. All Incentive Options were
granted in accordance with and subject to the Omnibus Equity Incentive Compensation Plan of
the Company.
The grant of the Incentive Options are subject to the approval of the TSX Venture Exchange.
About SRQ Resources Inc.
SRQ is a Canadian base metals company exploring for nickel, copper, and platinum in the
province of Québec. SRQ owns 1,173 exploration claims in the Canadian province of Québec,
with Lac Brulé being the most advanced exploration project. The Lac Brulé property consists of
594 contiguous mining claims covering an area of approximately 24,265 ha, located
approximately 148 km west-northwest of the town of Mont-Laurier, Québec. A near-surface, Ni-
Cu project, Lac Brulé is located on a 230km² virgin exploration property at a five-hour drive from
Montréal. The project’s prospectivity for base metal s has been confirmed by geological
mapping, the presence of a surface gossan, and geophysical surveys. The presence of the
historic Renzy Ni-Cu mine located 50 kilometers to the south-east and at the heart of the large
regional pattern further adds to the area’s mineral exploration appeal.
For more information about SRQ, please visit Sama’s website at http://www.srqexploration.com
FOR FURTHER INFORMATION, PLEASE CONTACT:
SRQ RESOURCES INC.
Dr. Marc-Antoine Audet, President and CEO
Tel: (514) 726-4158
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of
the TSXV) accepts responsibility for the adequacy or accuracy of this release.
This press release contains forward-looking information or forward-looking statements within the
meaning of applicable securities laws. Forward -looking statements are included to provide
information about management’s current expectations and plans that allows investors and others
to have a better understanding of the Company’s business plans and financial perfo rmance and
condition.
All statements, other than statements of historical fact included in this press release, regarding
the Company’s strategy, future operations, prospects, plans and objectives of management are
forward-looking statements.
Forward-looking information is based upon certain assumptions and other important factors that,
if untrue, could cause the actual results, performance or achievements of the Company to be
materially different from future results, performance or achievement s expressed or implied by
such information or statements. There can be no assurance that such information or statements
will prove to be accurate. Key assumptions upon which the Company’s forward -looking
information is based include the Company’s expectati on that it will be able to obtain necessary
disinterested Shareholders and TSXV’s approvals with respect to the Cancellation and
Replacement.
Readers are cautioned that the foregoing list is not exhaustive of all factors and assumptions
which may have been used. Forward -looking statements are also subject to risks and
uncertainties facing the Company’s business, any of which could have a materia l adverse effect
on the Company’s business. Readers are directed to carefully review the detailed risk discussion
in the Company’s MD&A for the year ended December 31, 2023 filed on SEDAR+, which
discussion is incorporated by reference in this news release, for a fuller understanding of the risks
and uncertainties that affect the Company’s business and operations.
Although the Company believes its expectations are based upon reasonable assumptions and
has attempted to identify important factors that could cause actual actions, events or results to
differ materially from those described in forward -looking statements, there may be other factors
that cause actions, events or results not to be as anticipated, estimated or intended. There can
be no assurance that forward-looking information will prove to be accurate, as actual results and
future events could differ materi ally from those anticipated in such information. As such, these
risks are not exhaustive; however, they should be considered carefully. If any of these risks or
uncertainties materialize, actual results may vary materially from those anticipated in the forward-
looking statements found herein. Due to the risks, uncertainties and assumptions inherent in
forward-looking statements, readers should not place undue reliance on forward -looking
statements.
Forward-looking statements contained herein are presented for the purpose of assisting investors
in understanding the Company’s rationale behind its strategy and business plans, and may not
be appropriate for other purposes. The assumptions referred to above should be considered
carefully by readers.
The Company disclaims any intention or obligation to update or revise any forward -looking
statements, whether as a result of new information, future events or otherwise, except to the
extent required by applicable law. The Company qualifies all of its forward-looking statements by
these cautionary statements.