Mr. Ken Lapierre reports
ROCKY SHORE CLOSES BRADY PROPERTY ACQUISITION AND GRANTS OPTIONS
Rocky Shore Gold Ltd., through a wholly owned subsidiary, has completed the previously announced purchase agreement for the acquisition of the Brady property and made the first option payment due under the Huxter Lane option agreement (see press release dated Dec. 2, 2025).
In connection with the Brady property purchase agreement, the company made a cash payment of $75,000 and issued to the vendor one million common shares of Rocky Shore. The vendor shall retain a 0.5-per-cent net smelter royalty, which Rocky Shore's subsidiary may repurchase, at any time, for $250,000 in cash. An underlying 2-per-cent NSR on the property exists, which can be repurchased, at any time, for $1-million in cash.
In connection with the Huxter Lane option agreement, the company made an initial payment consisting of $100,000 in cash and issued to the optionors an aggregate of two million common shares of Rocky Shore.
The shares issued by the company pursuant to the Brady property purchase agreement and the Huxter Lane option agreement are subject to a four-month-plus-a-day hold period expiring on April 13, 2026.
Grant of incentive stock options
The company also announces that it has granted 5.1 million incentive stock options pursuant to the company's omnibus equity incentive plan to officers, directors and consultants of the company. Each option is exercisable into one common share of the company at an exercise price of 20 cents for a five-year term expiring on Dec. 12, 2030. One-half of the options vests immediately with the remaining one-half vesting on Dec. 12, 2026, and is subject to a four-month hold period from the date of issuance thereof.
Qualified person
Ken Lapierre, PGeo, president and chief executive officer of the company, is a qualified person in accordance with the Canadian regulatory requirements as set out in National Instrument 43-101, and has reviewed and approved the scientific and technical information that forms the basis for the disclosure contained in this news release.
About Rocky Shore Gold Ltd.
Rocky Shore Gold is a focused Canadian exploration company targeting expansion of its two gold deposits and discovery of major gold zones at its 100-per-cent-owned Gold Anchor project. The project is strategically located in central Newfoundland -- one of Canada's most promising and underexplored gold belts. The district-scale project is the second-largest (greater than 1,200 square kilometres) property within an emerging gold district. It hosts two large porphyry-controlled gold deposits and high-grade structurally controlled gold targets on trend to major gold discoveries and recent gold deposits northeast of the Gold Anchor project. Numerous gold-bearing targets are within the project limits, and several are associated with the highly prospective Appleton and JBP faults.
Rocky Shore would like to acknowledge the financial support and approval of the 2025 junior exploration assistance program from the Department of Natural Resources, government of Newfoundland and Labrador.
We seek Safe Harbor.
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