Silicon Metals Corp. Announces Stock Option Grant

Company Overview - Silicon Metals Corp. is focused on exploration and development in Canada, specifically in British Columbia and Ontario [3] - The company has 100% ownership of the Maple Birch Project, a high purity quartz pegmatite project with a production permit of 3000 tonnes per year, located approximately 30km southeast of Sudbury, Ontario [3] - Silicon Metals also holds a 100% interest in the Ptarmigan Silica Project, located about 130km from Prince George, British Columbia [3] - The company has acquired options to purchase 100% rights in the Silica Ridge Silica Project and the Longworth Silica Project, located approximately 70km southeast and 85km east from Prince George, British Columbia, respectively [3] Stock Options Announcement - The company has granted a total of 1,000,000 stock options to a director and a consultant for the purchase of common shares [1] - The options are exercisable for a period of 5 years at an exercise price of $0.06 per share [2] - 500,000 options issued to the director will vest four months from the grant date, while 500,000 options issued to the consultant will vest immediately [2] - The options and underlying shares will be subject to a four-month hold period in accordance with CSE policies [2]