(TheNewswire)
Vancouver, British Columbia, October 2, 2025 TheNewswire – Prismo Metals Inc. (‘ Prismo ‘ or the ‘ Company ‘) (CSE: PRIZ,OTC:PMOMF) (OTCQB: PMOMF) is pleased to announce that all matters were approved at the Company’s annual general and special meeting of shareholders held on October 2, 2025 (the ‘ Meeting ‘).
At the Meeting, the Company’s shareholders elected a board of directors comprising Alain Lambert, Louis Doyle, Craig Gibson and Martin Dupuis, and approved the re-appointment of the Company’s current auditor, DeVisser Gray LLP. In addition, shareholders approved (a) the adoption of the new ‘rolling up to 20%’ long-term incentive plan (the ‘ Plan ‘) dated August 18, 2025; (b) the continuance of the Company from Canada into British Columbia under the Business C orporations Act (c) and a possible new corporate name as is determined by the directors of the Company.
The Company also announces that, pursuant to the Plan, it has granted a total of 850,000 stock options (the ‘ Options ‘) to certain directors and officers of the Company and 100,000 Options to a consultant of the Company. The Options are each exercisable to purchase one common share of the Company (a ‘ Common Share ‘) at an exercise price of $0.15 for a period of five years. The Options will vest over one year, with one-quarter of the Options vesting every three months.
The Company has also issued an aggregate of 725,000 restricted share units (the ‘ RSUs ‘) to certain directors and officers of the Company. Each RSU entitles the holder to be issued one Common Share on vesting. T he RSUs will vest over one year, with one-quarter of the RSUs vesting every three months.
About Prismo Metals Inc.
Prismo (CSE: PRIZ,OTC:PMOMF) is mining exploration company focused on advancing its Silver King, Ripsey and Hot Breccia projects in Arizona and its Palos Verdes silver project in Mexico.
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Prismo Metals Inc.
1100 – 1111 Melville St., Vancouver, British Columbia V6E 3V6
Phone: (416) 361-0737
Contact:
Alain Lambert, Chief Executive Officer alain.lambert@prismometals.com
Gordon Aldcorn, President gordon.aldcorn@prismometals.com
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