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Group Eleven Announces Issuance of Stock Options and DSUs

MWN-AI** Summary

Group Eleven Resources Corp. (TSXV: ZNG) (OTCQB: GRLVF) (FSE: 3GE) recently announced a significant grant of stock options and Deferred Share Units (DSUs) aimed at rewarding its directors, officers, and independent directors. On December 17, 2025, the company revealed the issuance of 2,600,000 incentive stock options. These options are part of the Company’s Stock Option Plan and will vest over two years. They come with an exercise price set at $0.63 per share, and have a valid period of five years from the date of their grant.

Additionally, the company issued 95,238 DSUs to independent directors as compensation for services rendered in 2024. Each DSU entitles its holder to receive one common share upon settlement, or a cash equivalent determined by the board. All financial values mentioned are in Canadian dollars.

Group Eleven Resources is primarily focused on its recently discovered Ballywire project, which features minerals such as zinc, lead, silver, copper, and germanium located in the Republic of Ireland. The Ballywire site lies just 20 kilometers away from its 77.64%-owned Stonepark project, strategically positioned near Glencore's Pallas Green zinc-lead project.

The company counts prominent shareholders including Michael Gentile with a 13.8% stake and Glencore Canada Corp. holding 13.7%. For more information regarding Group Eleven, interested investors and stakeholders are encouraged to check their official website at www.groupelevenresources.com. This announcement serves as a strategic move to align the interests of key company personnel with ongoing company performance and shareholder value growth.

MWN-AI** Analysis

Group Eleven Resources Corp. (TSXV: ZNG) has recently announced the issuance of 2,600,000 incentive stock options and 95,238 Deferred Share Units (DSUs) to its directors, officers, and independent directors. This move is notable within the context of the company’s strategic positioning in the resource sector, particularly with its ongoing exploration efforts in zinc, lead, silver, copper, and germanium at the Ballywire project in Ireland.

The issuance of stock options at an exercise price of $0.63 is significant, as it generally aligns the interests of management with those of shareholders, incentivizing performance in pushing the company's share price beyond this crucial threshold. The vesting period of two years reflects a commitment to long-term growth and stability. Investors may interpret this as a vote of confidence in the company's future opportunities, particularly given the attractive positioning near Glencore's Pallas Green project and the potential synergies in operations.

Furthermore, the allocation of DSUs to independent directors is a positive governance indicator. DSUs, which can be converted into shares or cash, typically tie the personal financial interests of directors to the performance of the company's stock. This is likely to foster improved accountability and alignment with shareholder value creation.

With Group Eleven's major shareholders, including Michael Gentile and Glencore Canada Corp., holding significant portions of the company, investors should closely monitor insider activities and share performance. Despite the positive signals from the stock options and DSUs, prospective investors should also consider external market conditions such as commodity pricing, regulatory changes, and global economic factors that may impact resource exploration and development.

In summary, while the market's reception will depend on external conditions, Group Eleven’s recent strategic actions could position it favorably for growth, making it an interesting observation point for investors focusing on the resource sector.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: Newsfile

Vancouver, British Columbia--(Newsfile Corp. - December 17, 2025) - Group Eleven Resources Corp. (TSXV: ZNG) (OTCQB: GRLVF) (FSE: 3GE) ("Group Eleven" or the "Company") announces that it has granted 2,600,000 incentive stock options to directors, officers and employees pursuant to the terms of the Company's Stock Option Plan. These options vest over a period of two years from the date of grant, have an exercise price of $0.63 per share and will expire five years from the date of grant.

The Company also announces that pursuant to its Deferred Share Unit ("DSU") Plan, it has granted 95,238 DSUs for services rendered in 2024 to independent directors of the Company. Each DSU entitles the holder, when settled, to receive one common share (or, as otherwise determined by the board of directors, a cash amount equal to the value of one common share). All currency in this news release is denominated in Canadian dollars.

About Group Eleven Resources

Group Eleven Resources Corp. (TSXV: ZNG) (OTCQB: GRLVF) and (FSE: 3GE) is focussed on its recent Ballywire zinc, lead, silver, copper and germanium discovery in the Republic of Ireland. Ballywire is located 20km from Company's 77.64%-owned Stonepark zinc-lead project, which itself is located adjacent to Glencore's Pallas Green zinc-lead project. The Company's two largest shareholders are Michael Gentile (13.8% interest) and Glencore Canada Corp. (13.7%). Additional information about the Company is available at www.groupelevenresources.com.

ON BEHALF OF THE BOARD OF DIRECTORS
Bart Jaworski, P.Geo.
Chief Executive Officer

E: b.jaworski@groupelevenresources.com | T: +353-85-833-2463
E: j.lau@groupelevenresources.com | T: 604-781-4915

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/278454

FAQ**

How is Group Eleven Resources Corp. (ZNG:CC) strategically positioning its recent Ballywire zinc discovery to attract further investment in Vancouver's mining sector?

Group Eleven Resources Corp. is strategically leveraging its Ballywire zinc discovery by showcasing its potential through positive geological data and targeted exploration efforts to attract further investment and bolster confidence in Vancouver's mining sector.

What impact could the issuance of 2,600,000 stock options by Group Eleven Resources Corp. (ZNG:CC) have on shareholder value and investor confidence in Vancouver's resource companies?

The issuance of 2,600,000 stock options by Group Eleven Resources Corp. could potentially dilute existing shareholder value while signaling management's confidence in future growth, which may bolster investor confidence in Vancouver's resource companies if perceived positively.

With Glencore Canada Corp. as a significant shareholder of Group Eleven Resources Corp. (ZNG:CC), how might this relationship influence operational decisions and investor interests in Vancouver?

Glencore Canada's significant shareholding in Group Eleven Resources Corp. could lead to enhanced operational synergies, strategic resource development, and increased investor confidence in Vancouver, aligning shareholder interests with resource management and sustainability goals.

How does the Deferred Share Unit Plan implemented by Group Eleven Resources Corp. (ZNG:CC) align with Vancouver's trend toward incentivizing executive performance and enhancing long-term shareholder value?

The Deferred Share Unit Plan by Group Eleven Resources Corp. aligns with Vancouver's trend by linking executive compensation to the company's long-term performance and shareholder value, thus promoting accountability and incentivizing decisions that drive sustainable growth.

**MWN-AI FAQ is based on asking OpenAI questions about Group Eleven Resources (OTC: GRLVF).

Group Eleven Resources

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