Athena Gold Grants Stock Options
White Rock, BC — April 16, 2026 — Athena Gold Corporation (CSE: ATHA) (OTCQB: AHNRD) (“Athena” or the “Company”) is pleased to announce that it has granted an aggregate of 250,000 stock options (“Options”) at an exercise price of CDN$0.49 per common share to an officer and certain consultants of the Company, pursuant to the terms of the Company’s Equity Incentive Plan.
The Options shall vest immediately, expire ten (10) years from the date of grant and are subject to approval by the Canadian Securities Exchange.
The Options, and any common shares issued upon exercise, are subject to a statutory hold period of four months from the date of grant in accordance with applicable securities laws and the policies of the Canadian Securities Exchange.
About Athena Gold Corporation
Athena is engaged in mineral exploration and the acquisition of mineral property assets. Its objective is to locate and develop economic precious and base metal properties and to conduct additional exploration drilling and studies across North America.
Athena’s Laird Lake project is situated in the Red Lake Gold District of Ontario, covering over 7,000 hectares along more than 10 km of the Balmer-Confederation Assemblage contact, where recent surface sampling results returned up to 373 g/t Au. The project is road-accessible and located approximately 10 km west of West Red Lake Gold’s Madsen mine and 34 km northwest of Kinross Gold’s Great Bear project.
The Forester project, also in northwestern Ontario, spans 4,900 hectares and is located less than 30 km southeast of Orla Mining’s Musselwhite Gold Mine, with historical drill intercepts indicating potential for both high-grade narrow-vein and low-grade bulk-tonnage gold mineralization.
The Excelsior Springs project is located in Nevada’s Walker Lane Trend and is currently under an earn-in option with Mammoth Minerals Limited (formerly Firetail Resources Limited). It spans over 2,500 hectares and includes at least three historic mines.
Athena also holds a 100% interest in its Oneman Lake Au-VMS project in Ontario.
For further information, please visit
www.athenagoldcorp.com.
On Behalf of the Board of Directors
Koby Kushner
President and Chief Executive Officer, Athena Gold Corporation
For further information, please contact:
Athena Gold Corporation
Koby Kushner, President and Chief Executive Officer
Phone: 416-846-6164
Email: [email protected]
CHF Capital Markets
Cathy Hume, CEO
Phone: 416-868-1079 x 251
Email: [email protected]
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of applicable Canadian and U.S. securities laws. All statements, other than historical facts, including statements regarding future exploration plans, results, and business activities, are forward-looking.
Forward-looking statements are identified by terms such as “believes”, “expects”, “anticipates”, “plans”, “may”, “should”, and similar expressions. These statements involve risks and uncertainties, and actual results may differ materially.
Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update such statements except as required by law.
Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this release.
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