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Prismo Metals Announces Shareholder Approval and Stock Option Grants
Vancouver, British Columbia — October 2, 2025 — Leads & Copy — Prismo Metals Inc. (CSE: PRIZ) (OTCQB: PMOMF) announced that all matters were approved at the Company’s annual general and special meeting of shareholders held on October 2, 2025.
Shareholders elected a board of directors comprising Alain Lambert, Louis Doyle, Craig Gibson and Martin Dupuis, and approved the re-appointment of the Company’s current auditor, DeVisser Gray LLP. They also approved the adoption of the new “rolling up to 20%” long-term incentive plan dated August 18, 2025; the continuance of the Company from Canada into British Columbia under the Business Corporations Act and a possible new corporate name as determined by the directors of the Company.
The Company also announced that, pursuant to the Plan, it has granted a total of 850,000 stock options to certain directors and officers and 100,000 Options to a consultant, each exercisable to purchase one common share at an exercise price of $0.15 for five years, vesting over one year with one-quarter vesting every three months. The Company has issued an aggregate of 725,000 restricted share units to certain directors and officers, each entitling the holder to one Common Share on vesting. The RSUs will vest over one year, with one-quarter vesting every three months.
Prismo (CSE: PRIZ) is a mining exploration company focused on advancing its Silver King, Ripsey and Hot Breccia projects in Arizona and its Palos Verdes silver project in Mexico.
Contact: Alain Lambert, Chief Executive Officer alain.lambert@prismometals.com Gordon Aldcorn, President gordon.aldcorn@prismometals.com
Source: Prismo Metals Inc.