VANCOUVER, British Columbia, Feb. 05, 2026 (GLOBE NEWSWIRE) — West Pink Lake Gold Mines Ltd. (“West Pink Lake Gold” or “WRLG” or the “Firm”) (TSXV: WRLG) (OTCQB: WRLGF) publicizes the grant of inventory choices, restricted share models (“RSUs”) and deferred share models (“DSUs”) in accordance with the Firm’s inventory choice plan (the “Choice Plan”), and its RSU/PSU/DSU Plan (collectively with the Choice Plan, the “Plans”).
Officers of the Firm have been granted an mixture of 4,839,269 inventory choices vesting over a 3 12 months interval with 25% vesting in 3 months from the grant date and 25% vesting on the primary, second and third anniversary of the grant date at an train worth of $1.10 and will likely be exercisable for a 5 12 months interval from the date of grant.
As well as, 2,845,503 RSUs have been granted to Officers of the Firm and 594,594 DSUs have been granted to non-executive Administrators. The RSUs will vest over three years in three equal tranches on the primary, second and third anniversary of the grant date and DSUs will vest on the primary anniversary of the grant date.
The grant of Inventory Choices, RSUs and DSUs is topic to regulatory acceptance of the TSX Enterprise Trade.
For additional data relating to the Plans, readers are inspired to assessment the administration data round (the “Round“) ready for the Firm’s annual common assembly of shareholders held on June 10, 2025, which features a abstract of the fabric phrases of the Plans. The Round is out there beneath the Firm’s profile on SEDAR+ (www.sedarplus.ca) and by visiting the Firm’s web site (www.westredlakegold.com).
ABOUT WEST RED LAKE GOLD MINES
West Pink Lake Gold Mines Ltd. is a gold miner improvement firm that’s publicly traded and targeted on advancing and creating its flagship Madsen Gold Mine and the related 47 km2 extremely potential land package deal within the Pink Lake district of Ontario. The extremely productive Pink Lake Gold District of Northwest Ontario, Canada has yielded over 30 million ounces of gold from high-grade zones and hosts among the world’s richest gold deposits. WRLG additionally holds the wholly owned Rowan Property in Pink Lake, with an expansive property place overlaying 31 km2 together with three previous producing gold mines – Rowan, Mount Jamie, and Pink Summit.
ON BEHALF OF WEST RED LAKE GOLD MINES LTD.
“Shane Williams”
Shane Williams
President & Chief Govt Officer
FOR FURTHER INFORMATION, PLEASE CONTACT:
Shane Williams
Chief Govt Officer
Tel: (604) 609-6132
Electronic mail: buyers@wrlgold.com or go to the Firm’s web site at https://www.westredlakegold.com
Neither the TSX Enterprise Trade nor its Regulation Providers Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Trade) accepts duty for the adequacy or accuracy of this launch.
For extra data on the Firm, buyers ought to assessment the Firm’s steady disclosure filings which can be out there on SEDAR+ at www.sedarplus.ca.
A photograph accompanying this announcement is out there at https://www.globenewswire.com/NewsRoom/AttachmentNg/b7b44ed6-345a-4288-b962-b033b799afb9
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