Fredonia Mining Inc. Grants Stock Options

Core Viewpoint - Fredonia Mining Inc. has granted 985,000 stock options to purchase common shares at a price of $0.40 per share, primarily to directors and officers of the company [1][2]. Group 1: Stock Options - A total of 985,000 stock options have been granted, with 830,000 options allocated to directors and officers [1][2]. - Each option is exercisable for a period of five years and is subject to a four-month hold period [2]. Group 2: Company Overview - Fredonia Mining Inc. holds gold and silver license areas totaling approximately 18,300 hectares in the Deseado Massif geological region of Santa Cruz, Argentina [3]. - The company's flagship project is the El Dorado-Monserrat project, covering approximately 6,200 hectares, located near AngloGold Ashanti's Cerro Vanguardia mine [3].