Kenorland Minerals Grants Stock Options

Core Viewpoint - Kenorland Minerals Ltd. has granted stock options to acquire a total of 4,080,000 common shares at an exercise price of $3.31 per share for a period of five years, with vesting occurring in phases [1]. Company Overview - Kenorland Minerals Ltd. is a well-financed mineral exploration company focused on project generation and early-stage exploration in North America [2]. - The company's exploration strategy involves advancing greenfields projects through systematic, property-wide, phased exploration surveys, primarily financed through exploration partnerships, including option to joint venture agreements [2]. - Kenorland holds a 4% net smelter return royalty on the Frotet Project in Quebec, which is owned by Sumitomo Metal Mining Canada Ltd. [2]. - The Frotet Project contains the Regnault gold system, which has an Inferred Mineral Resource of 14.5 million tonnes at 5.47 grams per tonne gold, totaling 2.55 million ounces of gold [2]. - The company is based in Vancouver, British Columbia, Canada [2].