Pacifica Silver Grants Incentive Stock Options

Core Viewpoint - Pacifica Silver Corp. has issued 2.6 million stock options to its directors, officers, and consultants to incentivize long-term commitment and align their interests with shareholders [1][2]. Group 1: Stock Options Details - The stock options have an exercise price of C$1.14 per share and are exercisable for five years from the grant date [3]. - The options will vest over a 24-month period, with 25% vesting six months after the grant date, and an additional 25% vesting every six months thereafter [3]. - All options are subject to the terms of the Company's equity incentive plan and applicable regulatory approvals [3]. Group 2: Company Overview - Pacifica Silver Corp. is a Canadian resource company focused on its 100% owned Claudia Project in Durango, Mexico, which spans 11,876 hectares [4]. - The Claudia Project is located in the historic El Papantón Mining District, where at least nine small mines operated in the 20th century, and has shown high-grade silver and gold intercepts [4]. - The company also holds an option to acquire a 100% interest in the Janampalla Property in Central Perú, which has indicated widespread, high-grade copper-gold mineralization [5].