Angus Gold Inc. Announces Grant of Restricted Share Units

TORONTO, April 24, 2025 — Angus Gold Inc. (TSX-V: GUS | OTC: ANGVF), a Canadian mineral exploration company, has announced the grant of 680,000 restricted share units (RSUs) to certain directors and officers as part of its 2024 year-end performance bonuses. This announcement was made across multiple financial news platforms, including GlobeNewswire, OTC Markets, CEO.ca, and All Penny Stocks.

The RSUs are part of Angus Gold’s restricted share unit plan, which stipulates that once vested, each RSU entitles the holder to receive one common share of the company or its equivalent cash value, at the company’s discretion. This move is aimed at incentivizing the company’s leadership and aligning their interests with those of the shareholders.

Angus Gold Inc. operates within the materials sector, focusing on the acquisition, exploration, and development of highly prospective gold properties. The company’s flagship project, the Golden Sky Project, is located in Wawa, Ontario, and is strategically positioned adjacent to the Eagle River Mine of Wesdome Gold Mines Ltd. (Wesdome). Notably, Angus Gold and Wesdome have entered into a definitive arrangement agreement, further solidifying their collaborative efforts in the region.

As of April 22, 2025, Angus Gold’s close price on the TSX Venture Exchange was CAD 0.76, with a 52-week high of CAD 0.79 and a low of CAD 0.36. The company’s market capitalization stands at CAD 46,450,000. Despite a negative price-to-earnings ratio of -8.92, the recent RSU grant reflects the company’s commitment to rewarding its leadership for their contributions to its strategic objectives.

For more information, visit Angus Gold’s official website at www.angusgold.com .