Mr. Frank Basa reports
CONIAGAS GRANTS STOCK OPTIONS
Coniagas Battery Metals Inc. has granted stock options to certain directors, officers and consultants to purchase 1.3 million common shares in the capital of the company. The stock options are exercisable for a term of three years with an exercise price of 10 cents per share. All stock options are granted in accordance with the terms of the company's stock option plan and the policies of the TSX Venture Exchange and are exercisable immediately.
About Coniagas Battery Metals Inc.
Coniagas Battery Metals is a Canadian junior mining company focused on nickel, copper and cobalt and platinum group metals in Quebec. Coniagas's strategy is to create value for shareholders through the development of its mineral properties, with the intention to develop Coniagas into a critical metals supplier to the electric vehicle (EV) market.
At its 100-per-cent-owned Graal project near Saguenay, Que., Coniagas has conducted successful exploration involving geophysics as well as shallow drilling that hit mineralization in almost every hole. It has confirmed an open-pit deposit model at Graal along a six-kilometre strike length of high-grade nickel and copper with cobalt, platinum and palladium byproducts. The company plans in the near-term to conduct additional drilling leading to the production of a National Instrument 43-101 resource report, metallurgical testing and consultations with first nations. The Graal project and immediate work plan are outlined in detail in the "NI 43-101 Technical Report Graal Nickel & Copper Project, Saguenay-Lac-St-Jean, Quebec, Canada," dated Jan. 17, 2024. The report is available, along with other information, at the company's website.
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