AI assistant
Group Eleven Resources Corp. — Share Issue/Capital Change 2025
Dec 18, 2025
47455_rns_2025-12-18_22791b8c-3161-4d35-8c47-4d85e0df290e.pdf
Share Issue/Capital Change
Open in viewerOpens in your device viewer
A
GROUP ELEVEN
RESOURCES CORP.
Group Eleven Announces Issuance of Stock Options and DSUs
Vancouver, Canada, December 17, 2025 - Group Eleven Resources Corp. (TSX-V: ZNG; OTCQB: GRLVF; FRA: 3GE) ("Group Eleven" or the "Company") announces that it has granted 2,600,000 incentive stock options to directors, officers and employees pursuant to the terms of the Company's Stock Option Plan. These options vest over a period of two years from the date of grant, have an exercise price of $0.63 per share and will expire five years from the date of grant.
The Company also announces that pursuant to its Deferred Share Unit ("DSU") Plan, it has granted 95,238 DSUs for services rendered in 2024 to independent directors of the Company. Each DSU entitles the holder, when settled, to receive one common share (or, as otherwise determined by the board of directors, a cash amount equal to the value of one common share). All currency in this news release is denominated in Canadian dollars.
About Group Eleven Resources
Group Eleven Resources Corp. (TSX.V: ZNG; OTCQB: GRLVF and FRA: 3GE) is focussed on its recent Ballywire zinc, lead, silver, copper and germanium discovery in the Republic of Ireland. Ballywire is located 20km from Company's 77.64%-owned Stonepark zinc-lead project, which itself is located adjacent to Glencore's Pallas Green zinc-lead project. The Company's two largest shareholders are Michael Gentile (13.8% interest) and Glencore Canada Corp. (13.7%). Additional information about the Company is available at www.groupelevenresources.com.
ON BEHALF OF THE BOARD OF DIRECTORS
Bart Jaworski, P.Geo.
Chief Executive Officer
E: [email protected] | T: +353-85-833-2463
E: [email protected] | T: 604-781-4915
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.