Tier One Silver Grants Stock Options

Core Points - Tier One Silver Inc. has granted incentive stock options for the purchase of 4,813,000 common shares, with 3,553,000 options granted to directors and officers, exercisable at $0.12 for five years [1] - The company has renewed its contract with Strike Communications Inc. for corporate communications support and media management, with a six-month term and a monthly fee of C$3,500 [2] - Tier One Silver is focused on discovering silver, gold, and copper deposits in South America, particularly its flagship project, Curibaya [3] Summary by Category Stock Options - The company has granted a total of 4,813,000 stock options, with 3,553,000 allocated to directors and officers, exercisable at $0.12 and expiring in five years [1] - The vesting schedule includes 25% on the grant date and 12.5% every three months thereafter [1] Contract Renewal - The contract with Strike Communications Inc. has been renewed for a limited suite of services, effective immediately for six months [2] - Strike will receive a monthly fee of C$3,500 and 150,000 options, exercisable at $0.12 for up to five years [2] - The vesting schedule for these options includes 25% at three and six months, and 12.5% every three months thereafter [2] Company Overview - Tier One Silver is an exploration company focused on creating shareholder value through the discovery of world-class deposits in South America [3] - The company is primarily focused on its Curibaya project while exploring other potential projects [3] - The management and technical teams have a strong track record in capital raising and monetizing exploration success [3]