Mr. Alfredo Bazo reports
IRRUPTIVE METALS ANNOUNCES ENGAGEMENT OF VP, INVESTOR RELATIONS
Irruptive Metals Corp. has entered into a consulting agreement with 1546030 B.C. Ltd. (the IR (investor relations) professional), a company of which Adam D. Buchanan is the principal, pursuant to which the IR professional will provide, through the services of Mr. Buchanan, certain investor relations services to the company in accordance with Policy 3.4, Investor Relations, Promotional and Market-Making Activities, of the TSX Venture Exchange.
In accordance with the terms of the consulting agreement, the IR professional will provide Irruptive with investor outreach, marketing and other investor relations services, including arranging and facilitating meetings with investors and investment professionals, and producing digital media content. Mr. Buchanan will hold the title of vice-president, investor relations, of the company for the term of the consulting agreement.
The consulting agreement is effective as of Oct. 15, 2026, and has a term of six months. In consideration for the services under the consulting agreement, the company will pay the IR professional an aggregate of $36,000 ($6,000 per month), plus applicable taxes, payable in equal monthly instalments. The company intends to pay for the IR professional's services from its general working capital. The consulting agreement also provides for the grant to the IR professional of 100,000 options to purchase common shares of the company. The options will be exercisable for 18 months from the date of grant (unless earlier terminated in accordance with the terms of the award agreement evidencing the options or the omnibus equity incentive plan of the company, as the case may be), at a price of $1.25 per common share and will vest over 12 months, with 25 per cent of the options vesting at each three-month interval following the date of grant, in accordance with the plan and the policies of the exchange. Pursuant to the consulting agreement and the plan, all unvested options shall terminate and become void immediately upon the termination or expiry of the consulting agreement for any reason.
Mr. Buchanan is based in Vancouver, and has extensive knowledge of capital markets, resource development and investor relations through more than 12 years of experience in the resource sector, including exploration-stage projects in Chile. Mr. Buchanan graduated with a BA from Simon Fraser University and has completed courses through the Canadian Securities Institute. Neither the IR professional nor Mr. Buchanan is related to or affiliated with the company, and, to the knowledge of the company, other than the options described above, neither the IR professional nor Mr. Buchanan has any interest, directly or indirectly, in the company or its securities, or any right to acquire such an interest. The engagement of the IR professional remains subject to approval of the exchange.
About Irruptive Metals Corp.
Irruptive Metals is a Canadian copper-gold exploration company focused on unlocking value from high-quality mineral projects in Chile. The company's flagship Pimenton project is strategically located within one of the world's most prolific porphyry copper-gold belts and has been the subject of extensive historical exploration by major mining companies, underscoring its significant discovery potential.
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