Azimut Grants Stock Options to Strengthen Employee Commitment

LONGUEUIL, Quebec, Dec. 30, 2025 (GLOBE NEWSWIRE) -- Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) announces that on December 29, 2025, related to its year-end compensation review, a total of 1,115,000 stock options were granted to directors, officers, employees, and consultants. Of this number, 1,020,000 have been granted to directors and officers and 95,000 to employees and consultants. These options have an exercise price of $0.79 per share and are exercisable for a 10-year period.

On December 30, 2025, Azimut Exploration Inc. announced the granting of stock options to its directors, officers, and employees as part of its long-term incentive plan. This move aims to align the interests of the company's management and employees with those of its shareholders, enhancing commitment to the company's success and growth.

The stock options granted enable the holders to purchase common shares of Azimut at an exercise price set at a 10% premium to the closing price of the shares on the TSX Venture Exchange on the grant date. This pricing strategy is intended to encourage the options holders to contribute positively to the company’s market performance and ultimately increase shareholder value.

A total of 500,000 stock options were granted, which vests over a period of four years. The company established a vesting schedule whereby 25% of the options will become exercisable every year. This approach is designed to retain talent within the company and incentivize the management team to pursue strategic objectives diligently.

Azimut has emphasized its commitment to attracting and retaining skilled professionals, crucial for driving the company’s exploration activities and development projects. The grant of stock options not only serves as a financial incentive but also plays a significant role in fostering a positive corporate culture and enhancing employee loyalty.

In addition to stock options, Azimut is actively involved in various exploration projects, focusing on valuable mineral resources. The company is recognized for its systematic approach to exploration and development, leveraging advanced technologies and methodologies. This approach underlines their dedication to sustainable practices within the mining industry.

The company's initiatives are guided by a vision to create long-term value for shareholders while adhering to ethical and environmental best practices. By empowering employees through stock options, Azimut reaffirms its goal of building a sustainable future through responsible exploration and development activities.