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Demesne Resources Ltd
Symbol DEME
Shares Issued 15,688,994
Close 2025-01-06 C$ 0.55
Market Cap C$ 8,628,947
Recent Sedar Documents

Demesne grants options to buy 1.66 million shares

2025-01-06 20:10 ET - News Release

Subject: Demesne Resources Ltd. Grants Stock Options PDF Document

File: Attachment 2025-01-06 Demesne NR- Stock Option Grant.pdf

Demesne Resources Ltd. Grants Stock Options

Vancouver, BC, January 6, 2025 Demesne Resources Ltd. (CSE:DEME) (OTCQB:DEMRF) (FSE:RK9) ("Demesne" or the "Company") announces an aggregate of 1,660,000 incentive stock options (the "Options") have been granted to certain consultants and an officer of the Company in accordance with the Company's stock option plan. The Options are exercisable at a price of $0.55 per share, vesting will range from immediately to two years and expiring three years of the date of grant.

ABOUT DEMESNE RESOURCES LTD.

Demesne Resources Ltd. is a British Columbia based company involved in the acquisition and exploration of magnetite mineral properties. The Company's Star Project consists of five contiguous mineral titles covering an area of approximately 4,615.75 hectares located in the Skeena Mining Division, British Columbia, Canada. The Company has entered into an option agreement pursuant to which it is entitled to earn an undivided 100% interest in the Star Project. Demesne has also entered into an option agreement, pursuant to which it can acquire a 100% interest (subject to a 2% royalty) in and to the IMA Mine Project, a past producing underground tungsten mine situated on 22 patented claims located in East Central, Idaho, United States.

Social media links: LinkedIn: https://www.linkedin.com/company/demesneresources/ X: https://x.com/demesneresource Facebook: https://www.facebook.com/DemesneResources Instagram: https://www.instagram.com/demesneresources/ YouTube: https://www.youtube.com/@demesneresources

ON BEHALF OF THE BOARD OF DIRECTORS:

Murray Nye CEO

1055 West Georgia Street, Suite 1500 Vancouver, BC V6E 0B6 Canada

For further information, please contact:

Murray Nye, CEO Email: ir@demesneresources.com Phone: +1 (416) 300-7398 CSE:DEME OTCQB:DEMRF FSE:RK9

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release and has neither approved nor disapproved the contents of this press release.

This press release includes "forward-looking information" that is subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company. Such statements represent the Company's current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations.

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