Group Eleven Announces Issuance of Stock Options and DSUs

Group Eleven Announces Issuance of Stock Options and DSUs

Vancouver, Canada, December 17, 2025 - Group Eleven Resources Corp. (TSX-V: ZNG; OTCQB: GRLVF;

FRA: 3GE) (“ Group Eleven” or the “ Company”) announces that it has granted 2,600,000 incentive

stock options to directors, officers and employees pursuant to the terms of the Company’s Stock

Option Plan. These options vest over a period of two years from the date of grant, have an exercise

price of $0.63 per share and will expire five years from the date of grant.

The Company also announces that pursuant to its Deferred Share Unit (“ DSU”) Plan, it has granted

95,238 DSUs for services rendered in 2024 to independent directors of the Company. Each DSU

entitles the holder, when settled, to receive one common share (or, as otherwise determined by the

board of directors, a cash amount equal to the value of one common share). All currency in this news

release is denominated in Canadian dollars.

About Group Eleven Resources

Group Eleven Resources Corp. (TSX.V: ZNG; OTCQB: GRLVF and FRA: 3GE) is focussed on its recent

Ballywire zinc, lead, silver, copper and germanium discovery in the Republic of Ireland. Ballywire is

located 20km from Company’s 77.64% -owned Stonepark zinc -lead project, which itself is located

adjacent to Glencore’s Pallas Green zinc -lead project. The Company’s two largest shareholders are

Michael Gentile ( 13.8% interest) and Glencore Canada Corp. (13. 7%). Additional information about

the Company is available at www.groupelevenresources.com.

ON BEHALF OF THE BOARD OF DIRECTORS

Bart Jaworski, P.Geo.

Chief Executive Officer

E: [email protected] | T: +353-85-833-2463

E: [email protected] | T: 604-781-4915

Neither 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.