North Vancouver, BC, Canada, April 17, 2025 — Cascadero Copper Corporation (“Cascadero” or the “Company”) (TSXV:CCD) is eased to announce that it has granted an aggregate of 1,000,000 incentive stock options (the “Options”) to a consultant of the Company for the purchase of up to 1,000,000 common shares in the capital of the Company (the “Shares”) pursuant to the Company's stock option plan, dated for April 26, 2022 (the “Option Plan”). The Options vest immediately and are exercisable into Shares at an exercise price of $0.05 per Share for a two (2) year term, ex iring on February 15, 2027.
The Options were granted effective February 15, 2025 pursuant to the Option Plan and are subject to the approval of the TSX Venture Exchange. The Options and any Shares issued upon exercise thereof shall be subject to a hold period of four (4) months us one (1) day from the date of grant.
About Cascadero Copper Corporation
Cascadero Copper Corporation is focused on the exploration and development of its properties located in Salta, Argentina. The Company currently has a joint venture with Golden Minerals on its Sarita Este license. In addition, the Company has newly appointed technical advisors to work with the board and management to provide advice on exploration and development of the Cascadero mineral properties in Argentina and on other future properties of merit. The Cascadero research and development team that was instrumental in developing the patent-pending mineral processing flowsheet on Taron mineral samples are expected to continue their work under the guidance of the Board.
All material information on the Company may be found on its website at www.cascadero.com and on SEDAR at www.sedarplus.ca.
For further information, please contact:
Dr. George Gale
Interim CEO
Tel: 604-985-3327
Neither the 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.
Cautionary Statement on Forward-Looking Information
This news release contains forward-looking statements. Forward-looking statements can be identified by the use of words such as, “subject to”, or variations of such words and phrases or state that certain actions, events or results “may”or“will”be taken, occur or be achieved. Forward- looking statements include statements with respect to receiving regulatory and exchange approvals with respect to the grant of the Options. Forward-looking statements are based on assumptions, but the actual results may be materially different from any future expectations expressed or implied by the forward-looking statements. The forward-looking statements can be affected by known and unknown risks, uncedainties and other factors, including, but not limited to, the equity markets generally and a failure to obtain the necessary approvals from the TSX Venture Exchange. Accordingly, readers should not place undue reliance on forward-looking statements.
Except as required by law, the Company undedakes no obligation to publicly update any forward- looking statements, whether as a result of new information, future events or otherwise.
