Mr. J. Duane Poliquin reports

AZUCAR GRANTS STOCK OPTIONS

Pursuant to its stock option plan, Azucar Minerals Ltd. has granted stock options to directors, officers, employees and consultants of the company to purchase 3,188,200 common shares in the capital of the company at an exercise price of nine cents per share, which expire on May 12, 2028.

About Azucar Minerals Ltd.

Azucar is an exploration company with a mandate to thoroughly explore El Cobre project in Veracruz, Mexico, which covers multiple gold-rich porphyry targets, as demonstrated by drilling. Azucar holds a 100-per-cent interest in El Cobre project, subject to net smelter return (NSR) royalty interests, assuming production from the property exceeds 10,001 tonnes per day of ore, totalling 2.25 per cent, which can be reduced to 2.0 per cent though the payment of $3.0-million (U.S.).