Mr. Bahman Yamini reports
CANASIL GRANTS OPTIONS TO MANAGEMENT AND CONSULTANTS
Canasil Resources Inc. has applied to the TSX Venture Exchange (TSX-V) for approval to grant a total of 2.5 million incentive stock options to officers and geological consultants. The options will be priced at six cents and will be valid for five years. The options granted to consultants will vest over a period of two years from grant. The options granted to officers replace previously held options which have been exercised. If approved and granted, these options will result in a total of 7.15 million options outstanding as at Feb. 11, 2026. This will represent 46.6 per cent of the 15,381,428 options available for grant under the company's stock option plan.
We seek Safe Harbor.
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