Euromax Resources Grants Stock Options and Restricted Share Units to Directors and Officers
VANCOUVER, BC — March 12, 2026 — Leads & Copy —
Euromax Resources Ltd. (TSXV: EOX) has announced the grant of 250,000 stock options and 11,698,429 restricted share units (RSUs) to certain directors and officers. The grants were made in accordance with the Company’s Stock Option Plan and Restricted Share Unit Plan.
The aim of the grants is to align the interests of the Company’s leadership with those of its shareholders, to recognize contributions, and to support long-term retention and performance.
Each stock option is exercisable at a price of $0.05 per common share in the capital of Euromax for a period of three years from issuance, with all such stock options vesting as of the date of the grant.
The RSUs vest in up to five tranches upon the achievement of certain milestones in respect of the Ilovica-Shtuka gold-copper project, subject to the one-year minimum vesting period prescribed under Policy 4.4 – Security Based Compensation of the TSX Venture Exchange.
The milestones are:
- 10% of the RSUs vesting upon the merger of the concessions.
- 10% of the RSUs vesting upon the approval of the Environmental Impact Assessment.
- 60% of the RSUs vesting upon the approval of the Exploitation Permit.
- 10% of the RSUs vesting upon the approval of the Construction Permit.
- 10% of the RSUs vesting upon the approval of the Integrated Pollution Prevention and Control.
Each RSU, once vested, entitles the participant to receive one Common Share.
The maximum number of Common Shares issuable under the Option Plan is 91,177,819, and the maximum number of Common Shares that may be reserved for issuance under the RSU Plan is 49,001,332. Euromax shareholders will be asked to consider and, if thought appropriate, pass a resolution to re-approve the Option Plan at the Company’s next annual general meeting of shareholders, in accordance with Policy 4.4.
Euromax has a major development project in North Macedonia and is focused on building and operating the Ilovica-Shtuka gold-copper project.
Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
Source: Euromax Resources Ltd.
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