Vortex Metals appoints Beasley as technical adviser

Executive Summary

• Vortex Metals Inc. has appointed Dr. Craig W. Beasley as a technical advisor to strengthen its technical capabilities and support its Phase II exploration program at the Illapel copper project in Chile.
• Dr. Beasley brings over three decades of experience in geophysics, having previously held senior roles at BHP Minerals, the University of Utah Research Institute, and Neos GeoSolutions.
• The company granted Dr. Beasley 200,000 stock options as part of the appointment, exercisable at $0.05 per share.

Key Details

• Appointment: Dr. Craig W. Beasley appointed as Technical Advisor.
• Advisor Background: Founder of Wave Geophysics LLC; former Executive Vice-President of Exploration and Chief Science Officer at Neos GeoSolutions; senior geophysical roles at BHP Minerals and University of Utah Research Institute.
• Strategic Role: To assist with Phase II exploration program at the Illapel copper project in Chile, focusing on data processing, interpretation, integration, Earth modelling, and data analytics.
• Compensation/Equity: Grant of 200,000 stock options under the company's omnibus incentive plan.
• Option Terms:
  • Exercise Price: $0.05 per common share.
  • Vesting: Quarterly in equal tranches over a 12-month period from the date of grant.
  • Term: Five years from the date of grant.
  • Exercisability: Each option is exercisable into one common share.

Notable Quotes

• Vikas Ranjan, Co-founder and Director: "Dr. Beasley's depth of experience, technical vision and global perspective make him an exceptional addition to our advisory team. His expertise in integrated geophysical interpretation and exploration strategy will directly support our mission to unlock value across our copper-gold assets."
• Dr. Craig W. Beasley: "I look forward to contributing to Vortex Metals' exploration initiatives and applying integrated, data-driven approaches to help advance their projects."