SRQ Resources Grants Stock Options

MONTREAL, Jan. 27, 2025 (GLOBE NEWSWIRE) -- 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.

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