Original News Release
Storm Exploration issues 318,629 shares to first nation
An anonymous director reports
STORM EXPLORATION ISSUES SHARES TO EABAMETOONG FIRST NATION
Storm Exploration Inc. has issued 318,629 common shares to the Eabametoong First Nation, pursuant to the exploration agreement dated May 16, 2024, and further amended on April 29, 2025, between the company and the EFN.
Storm issued the shares to the EFN at a 30-day volume-weighted average price of 23.5 cents per share, having an aggregate value of $75,000. This completes complete the initial and first-anniversary share payments outlined in the exploration agreement.
The company also announced that it has granted 870,000 stock options to certain directors, officers and consultants of the company. Each stock option is exercisable at 25 cents per common share and expires on Feb. 27, 2031.
About Storm Exploration Inc.
Storm Exploration is a Canadian mineral exploration company focused on the discovery and development of economic precious and base metal deposits on three district-scale projects in Northwestern Ontario: Keezhik, Attwood and Gold Standard.
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