Mr. Brian Hinchcliffe reports
LEGACY GOLD GRANTS STOCK OPTIONS
Legacy Gold Mines Ltd. has granted incentive stock options to acquire a total of 1.75 million common shares of the company at an exercise price of 80 cents per share. The options will vest as to one-half immediately, with the remaining one-half vesting on the first anniversary of the date of grant. The options expire five years from the date of grant. Of these options, 1.3 million were granted to officers and directors of the company, and the remaining 450,000 were granted to consultants. The grant of the stock options is subject to approval by the TSX Venture Exchange.
Confirmation
Further to the company's news release dated April 16, 2026, announcing the closing of a $10-million non-brokered private placement by the company, the company confirms that the 825,490 common shares of the company issued to John Tumazos, of Florida, as finder's shares, were issued at a deemed price of 30 cents per share.
About Legacy Gold Mines Ltd.
The company is a Canadian-based gold exploration and development company listed on the TSX Venture Exchange under the symbol LEGY. The company holds an option to acquire a 100-per-cent undivided interest in the mineral claims comprising the Baner gold mine property, located in Idaho county, Idaho.
Additional information about the company and the property is available on SEDAR+ under the company's profile, including a technical report, titled "NI 43-101 Technical Report on the Baner Project, Idaho County, Idaho, USA," dated effective Aug. 1, 2024, prepared by Steven A. Osterberg, PhD, PG.
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