Xali Gold Announces Stock Options Grant

Core Points - Xali Gold Corp. has granted incentive stock options for 2,200,000 common shares at an exercise price of $0.05 per share, with a term expiring on October 30, 2030 [1] - The acquisition of the Pico Machay Gold Project in Peru is deemed fundamental for Xali Gold and is pending approval from the TSX Venture Exchange [2] - Pico Machay has a history of exploration since 1997, with previous engineering studies indicating potential for a low-cost open-pit heap-leach operation [3] - Xali Gold is focused on advancing gold and silver exploration opportunities in the Americas, with a near-term production goal for the Pico Machay project [4] - The company also holds exploration potential and two royalty agreements related to the El Oro gold-silver Project in Mexico [5] Company Overview - Xali Gold is a gold and silver exploration company with a focus on projects in the Americas [4] - The company is committed to being a responsible community partner [5] - Joanne C. Freeze serves as the Qualified Person for the discussed projects, ensuring compliance with National Instrument 43-101 [6]