Ms. Rebecca Hunter reports

GEIGER ANNOUNCES GRANT OF STOCK OPTIONS

Geiger Energy Corp.'s board of directors has approved the grant of stock options to certain directors, officers and consultants of the company, allowing for the acquisition of up to, in the aggregate, 1,975,000 shares of the company. It has granted 1.55 million stock options to certain directors and officers of the company. The options are exercisable at a price of 38 cents per share for five years from the date of grant, vest one year from the date of grant, and are subject to regulatory policies and approvals.

The grant of options to certain directors and officers is a related-party transaction under Multilateral Instrument 61-101 (Protection of Minority Security Holders in Special Transactions). The company relied on the exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 in respect of related-party matters as the company is listed on the TSX Venture Exchange, and neither the fair market value (as determined under MI 61-101) of the subject matter of, nor the fair market value of the consideration for, the transaction, insofar as it involves the related parties, exceeded 25 per cent of the company's market capitalization (as determined under MI 61-101).

About Geiger Energy Corp.

Geiger is a uranium exploration company executing on a dual basin strategy focused on discovering high-grade uranium deposits on its two flagship assets within the Athabasca and Thelon basins. In the Athabasca basin, Saskatchewan, Geiger is exploring its Hook project, which hosts the Ackio near-surface uranium prospect. In the Thelon basin, Nunavut, Geiger is advancing is Aberdeen project, which hosts the high-grade Tatiggaq and Qavvik uranium discoveries. The Hook and Aberdeen projects have expandability potential within the discovery footprints, as well as host numerous additional targets outboard of the prospect areas, highlighting significant potential for expansion and new discoveries.

We seek Safe Harbor.