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Reading: Cleghorn Minerals Ltd. Reduces Stock Options Granted to Consultant
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Cleghorn Minerals Ltd. Reduces Stock Options Granted to Consultant

News Desk
Last updated: October 25, 2025 8:10 am
News Desk
Published: October 25, 2025
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Cleghorn Minerals Ltd. (TSXV: CZZ), based in Val-d’Or, Québec, has made an important announcement regarding adjustments to its stock option incentive plan. Following a previous news release dated October 10, 2025, the Company has clarified that the number of incentive stock options allocated to Adelaide Capital Markets Inc. has been modified in compliance with TSX Venture Exchange policies.

Initially, 100,000 stock options were granted to the Consultant; however, this figure has been revised downward to 64,800 stock options. These options will be exercisable at a price of $0.05 until October 10, 2030. This adjustment aligns with the agreed terms and conditions specified in the impending stock option agreement between Cleghorn and the Consultant.

For further inquiries, Glenn J. Mullan of Cleghorn Minerals is available to provide additional details. He can be reached at the company’s office, located at 2772 chemin Sullivan, Val-d’Or, Québec, via telephone at 819-824-2808, extension 204, or through email at glenn.mullan@groupzedzed.com.

It is important to note that neither the TSX Venture Exchange nor its Regulation Services Provider assumes responsibility for the accuracy or adequacy of this announcement.

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