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Feb 6, 2026 12:00 AM

West Red Lake Gold Grants Equity Incentive Awards

VANCOUVER, British Columbia, Feb. 05, 2026 (GLOBE NEWSWIRE) -- West Red Lake Gold Mines Ltd. ("West Red Lake Gold" or "WRLG" or the "Company") (TSXV:WRLG) (OTCQB:WRLGF) announces the grant of stock options, restricted share units ("RSUs") and deferred share units ("DSUs") in accordance with the Company's stock option plan (the "Option Plan"), and its RSU/PSU/DSU Plan (collectively with the Option Plan, the "Plans").

Officers of the Company were granted an aggregate of 4,839,269 stock options vesting over a three year period with 25% vesting in 3 months from the grant date and 25% vesting on the first, second and third anniversary of the grant date at an exercise price of $1.10 and will be exercisable for a 5 year period from the date of grant.

In addition, 2,845,503 RSUs were granted to Officers of the Company and 594,594 DSUs were granted to non-executive Directors. The ...