Fuerte Metals Long Term Incentive Grants
Fuerte Metals Long Term Incentive Grants
Vancouver, British Columbia--(Newsfile Corp. - February 3, 2025) - Fuerte Metals Corporation (TSXV:
FMT) (OTCQB: FUEMF) ("
Fuerte
" or the "
Company
") announces that the Company has granted an
aggregate of 737,500 options to acquire common shares in the capital of the Company, and 225,000
Restricted Share Units to directors, officers and employees of the Company. The options are
exercisable into common shares of Fuerte at a price of $0.91 per share and can be exercised until
February 3
rd
, 2030, subject to earlier expiration in accordance with the Company's Long Term Incentive
Plan and the applicable policies of the TSX Venture Exchange. The RSUs will vest in equal parts over
three years.
About Fuerte Metals Corporation
Fuerte Metals is a well-funded resource company that adds value through the acquisition, exploration,
and development of copper and precious metals projects in the Americas. The company is carrying out
a 21,000 m drilling campaign at its Cristina precious metals project in Chihuahua Mexico, with the goal
of significantly expanding the existing mineral resource estimate with a focus on underground mining. In
Chile, the Placeton/Caballo Muerto project hosts several untested porphyry copper targets situated
between the large-scale Relincho and El Morro/La Fortuna copper-gold deposits of the Nueva Union
joint venture between Teck and Newmont Mining.
Additional Information
For more information, please contact:
Tim Warman
Chief Executive Officer and Director
Fuerte Metals Corporation
Email:
Cautionary Note Regarding Forward-Looking Statements
This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the
meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements
and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with
respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using
phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts",
"estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could",
"would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements.
In this news release, forward-looking statements relate to, among other things, the anticipated timing of drilling and management's objectives,
strategies, beliefs and intentions. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or
projections set out in forward-looking information. Those assumptions and factors are based on information currently available to the Company.
The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any
forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.
Due to the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward- looking information. The
foregoing statements expressly qualify any forward-looking information contained herein.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/239488