Amendment to Share Option Terms

Pathfinder Minerals Plc

28 April 2023

 

28 April 2023

Pathfinder Minerals Plc

("Pathfinder" or the "Company")

Amendment to Share Option Terms

Pathfinder announces that it has extended the expiry date, and amended the exercise price, of share options which were granted to certain Directors and an employee as set out below. The revised exercise price represents a premium of approximately 50 percent to the closing share price on 27 April 2023.

Name	Position	No. Options	Original Exercise Price	Date of Grant	Original Expiry Date	Revised Exercise Price	Revised Expiry Date
Dennis Edmonds	Director	10,000,000	£0.0125	11/05/2020	11/05/2023	£0.0075	30/06/2025
Peter Taylor	Director	6,000,000	£0.0125	04/08/2020	30/08/2023	£0.0075	30/06/2025
		5,000,000	£0.0125	04/10/2021	03/10/2023	£0.0075	30/06/2025
Mark Gasson	Director	6,000,000	£0.0125	09/06/2021	08/06/2023	£0.0075	30/06/2025
David Taylor	Co. Sec	3,000,000	£0.0125	23/06/2021	22/06/2023	£0.0075	30/06/2025

Enquiries:

Pathfinder Minerals Plc

Peter Taylor, Chief Executive Officer

Tel. [phone]

Strand Hanson Limited (Nominated & Financial Adviser and Broker)

James Spinney / Ritchie Balmer / Abigail Wennington

Tel. [phone]

Vigo Consulting (Investor Relations)

Ben Simons / Kate Kilgallen

Tel. [phone]

Email. [e-mail]

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR").

 

END