Fitzroy Minerals Grants Stock Options to Directors, Officers, and Consultants

VANCOUVER, BRITISH COLUMBIA — July 12, 2025 — NewsWall — Fitzroy Minerals Inc. (TSXV: FTZ, OTCQB: FTZFF) has announced the grant of 5,900,000 stock options to its directors, officers, and consultants. Each option allows the purchase of one common share of the company.

The options are exercisable at $0.35 per common share until July 11, 2030, with immediate vesting. The grant is subject to a four-month hold period from the issuance date.

This grant to directors and officers is a related party transaction under Multilateral Instrument 61-101, but the company is exempt from valuation and minority shareholder approval requirements.

Fitzroy Minerals focuses on exploring and developing mineral assets in the Americas, including copper, gold, and silver projects in Chile and Argentina, as well as the Caribou project in British Columbia, Canada. The company's shares are listed on the TSX Venture Exchange (FTZ) and the OTCQB (FTZFF).

Merlin Marr-Johnson is the President and CEO of Fitzroy Minerals Inc. Contact him at mmj@fitzroyminerals.com or +44 7803 712280.

Source: Fitzroy Minerals