Mr. Zachary Kotowych reports
TROUBADOUR ANNOUNCES REPRICING OF STOCK OPTIONS
Troubadour Resources Inc. has amended the exercise price of
3.55 million incentive stock options originally granted on Jan. 21, 2025, in order
to align with the minimum pricing requirements set out in the policies of the TSX Venture
Exchange.
The options were originally granted with an exercise price of 3.5 cents per common share, however,
pursuant to TSX Venture Exchange Policy 1.1, Interpretation, the minimum exercise price
permitted is five cents. As such, the company has revised the exercise price of the options to five cents per common share. All other terms of the options, including the expiry date of Jan. 21, 2027,
remain unchanged.
None of the optionholders are insiders of the company or provide investor relations services.
The amendment remains subject to final acceptance by the TSX Venture Exchange.
About Troubadour Resources Inc.
Troubadour Resources is a North American mineral acquisition and exploration company
focused on the development of quality battery and precious metal properties that are drill ready
with high upside and expansion potential. Based in Vancouver, B.C., Troubadour trades on the
TSX Venture Exchange under the symbol TR and the OTCPK exchange under the symbol
TROUF.
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