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Hercules Metals Grants Stock Options

Fri, 07 Aug 2026 16:53:00 -0400

Toronto, Ontario--(Newsfile Corp. - August 7, 2026) - Hercules Metals Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: C0X) ("Hercules" or the "Company") announces that it has granted 2,350,000 incentive stock options (the "Options") to certain officers, directors, and consultants of the Company. The Options vest in three equal tranches, with one-third vesting immediately, and the remaining two-thirds vesting on the first and second anniversaries of the grant date, respectively. The Options are exercisable for a period of five years at an exercise price of $0.88 per common share and were granted pursuant to the Company's Omnibus Incentive Plan approved by shareholders of the

Hercules Metals Grants Stock Options

Fri, 07 Aug 2026 16:53:00 -0400

Hercules Metals incoming team to invest C$4.5M via private placement

Wed, 05 Aug 2026 07:02:12 -0400

Hercules Metals Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: C0X) announced plans for a non-brokered private placement through which its incoming management team will invest C$4.5 million in the company.

The seven members of the incoming team, formerly of Arizona Sonoran Copper Company Inc., will collectively subscribe for 7,258,066 common shares at C$0.62 per share, representing a roughly 5% premium to the closing price on the trading day before their appointments were announced on July 30, 2026.

The placement is expected to close on or about September 1, 2026, concurrent with the incoming team formally assuming their roles, subject to TSX Venture Exchange

Hercules Metals Incoming Management Team to Invest C$4.5 million in Non-Brokered Private Placement

Wed, 05 Aug 2026 07:00:00 -0400

C$4.5 Million Personal Investment by Incoming Management: In connection with their recently announced appointments, George Ogilvie and the other members of the former Arizona Sonoran Copper Company Inc. team (collectively, the "Arizona Sonoran Team") committed to personally invest an aggregate of C$4.5 million in Hercules through a non-brokered private placement, to align their interests with shareholders and demonstrate conviction in the underlying value of Leviathan and the Company's new strategic direction. Following the separate announcement of the Arizona Sonoran Team appointments on July 30, 2026, the Company is now announcing its intention to complete a non-brokered

Hercules Metals Incoming Management Team to Invest C$4.5 million in Non-Brokered Private Placement

Wed, 05 Aug 2026 07:00:00 -0400

C$4.5 Million Personal Investment by Incoming Management: In connection with their recently announced appointments, George Ogilvie and the other members of the former Arizona Sonoran Copper Company Inc. team (collectively, the "Arizona Sonoran Team") committed to personally invest an aggregate of C$4.5 million in Hercules through a non-brokered private placement, to align their interests with shareholders and demonstrate conviction in the underlying value of Leviathan and the Company's new strategic direction. Following the separate announcement of the Arizona Sonoran Team appointments on July 30, 2026, the Company is now announcing its intention to complete a non-brokered

Hercules Metals Announces the Appointment of Former Arizonan Sonoran Management Team Led by George Ogilvie

Thu, 30 Jul 2026 09:48:00 -0400

Renowned Mining Executive Appointed as President and CEO: Effective September 1, 2026, George Ogilvie, P.Eng., will assume the role of President and Chief Executive Officer, and join the board of directors of Hercules Metals. He brings more than 36 years of mining, operations and development expertise and a proven track record of generating significant returns for shareholders by transforming high quality, undervalued mining assets into high-value development opportunities.
Fully-Integrated Leadership Team: Concurrent with the appointment of George Ogilvie, six additional senior executives and mining professionals from the successful Arizona Sonoran Copper Company Inc. team (collectively, the "Arizona Sonoran Team") will join

Hercules Metals Announces the Appointment of Former Arizonan Sonoran Management Team Led by George Ogilvie

Thu, 30 Jul 2026 09:48:00 -0400

Renowned Mining Executive Appointed as President and CEO: Effective September 1, 2026, George Ogilvie, P.Eng., will assume the role of President and Chief Executive Officer, and join the board of directors of Hercules Metals. He brings more than 36 years of mining, operations and development expertise and a proven track record of generating significant returns for shareholders by transforming high quality, undervalued mining assets into high-value development opportunities.
Fully-Integrated Leadership Team: Concurrent with the appointment of George Ogilvie, six additional senior executives and mining professionals from the successful Arizona Sonoran Copper Company Inc. team (collectively, the "Arizona Sonoran Team") will join

Hercules Metals Completes IP Survey at Hook Target, Defining Large, Near-Surface Chargeability Anomaly

Thu, 02 Jul 2026 07:00:00 -0400

Seven Completed Survey Lines Highlight a 1.8-Kilometer Anomaly with Geometry and Intensity Comparable to the Leviathan Discovery

Survey Completed: Approximately 28 line-kilometers of induced polarization ("IP") surveying have now been completed across seven lines at the Hook target, expanding upon a previously announced reconnaissance line which returned exceptionally high chargeability, up to 40 mV/V.

Strong Continuity: The completed survey has now outlined the chargeability feature extending over a strike length of ~1.8 kilometers.

Strongest Response Near Surface: The highest-intensity portion of the anomaly, ranging from 20-40 mV/V, is modelled to begin within approximately 100 meters of

Hercules Metals Completes IP Survey at Hook Target, Defining Large, Near-Surface Chargeability Anomaly

Thu, 02 Jul 2026 07:00:00 -0400

Seven Completed Survey Lines Highlight a 1.8-Kilometer Anomaly with Geometry and Intensity Comparable to the Leviathan Discovery

Survey Completed: Approximately 28 line-kilometers of induced polarization ("IP") surveying have now been completed across seven lines at the Hook target, expanding upon a previously announced reconnaissance line which returned exceptionally high chargeability, up to 40 mV/V.

Strong Continuity: The completed survey has now outlined the chargeability feature extending over a strike length of ~1.8 kilometers.

Strongest Response Near Surface: The highest-intensity portion of the anomaly, ranging from 20-40 mV/V, is modelled to begin within approximately 100 meters of

Hercules Metals Intersects 788 m of 0.54% Copper Equivalent and 802 m of 0.40% Copper Equivalent at the Leviathan Porphyry System in Idaho

Tue, 16 Jun 2026 07:00:00 -0400

Drilling and IP Surveying Also Underway at Hook Target, Investigating the Strongest Near Surface Chargeability Anomaly on the Property

HER-25-21 extends Leviathan's Footwall Zone to the southwest, returning:
- 801.6 m of 0.40% CuEq (0.30% Cu, 82 ppm Mo, 5.3 g/t Ag, 0.01 g/t Au)
- And Incl. 107.8 m of 0.52% CuEq (0.43% Cu, 104 ppm Mo, 1.8 g/t Ag, 0.02 g/t Au)
- And Incl. 206.3 m of 0.45% CuEq (0.39% Cu, 98 ppm Mo, 0.7 g/t Ag, 0.01 g/t Au)
HER-25-18 was also further extended downhole, following a brief winter drilling pause, returning a final composite interval of:
- 787.9 m of

Hercules Metals Intersects 788 m of 0.54% Copper Equivalent and 802 m of 0.40% Copper Equivalent at the Leviathan Porphyry System in Idaho

Tue, 16 Jun 2026 07:00:00 -0400

Drilling and IP Surveying Also Underway at Hook Target, Investigating the Strongest Near Surface Chargeability Anomaly on the Property
HER-25-21 extends Leviathan's Footwall Zone to the southwest, returning:
801.6 m of 0.40% CuEq (0.30% Cu, 82 ppm Mo, 5.3 g/t Ag, 0.01 g/t Au)
And Incl. 107.8 m of 0.52% CuEq (0.43% Cu, 104 ppm Mo, 1.8 g/t Ag, 0.02 g/t Au)
And Incl. 206.3 m of 0.45% CuEq (0.39% Cu, 98 ppm Mo, 0.7 g/t Ag, 0.01 g/t Au)

HER-25-18 was also further extended downhole, following a brief winter drilling pause, returning a final composite interval of:
787.9 m of

HER-25-25 Intersects Margins of a New Blind Copper Porphyry System at the Southern Flats Zone, Hercules Project, Idaho

Tue, 26 May 2026 07:00:00 -0400

0.66% CuEq over 177 Meters at the Edge of Large MT Conductivity Anomaly - Step-Out Drilling Underway
New Mineralized Center: HER-25-25 has intersected alteration and veining consistent with the outer margins of a new porphyry center, with step-out drilling underway to vector towards the causative porphyry intrusion.
Distinct Style: The style of mineralization is distinct from that at Leviathan, with a greater proportion of quartz vein-hosted mineralization and stronger grades than would typically be observed on the margins of the Leviathan system.
Increasing Alteration Intensity: Reconnaissance drilling, from east to west at Southern Flats, has systematically vectored

HER-25-25 Intersects Margins of a New Blind Copper Porphyry System at the Southern Flats Zone, Hercules Project, Idaho

Tue, 26 May 2026 07:00:00 -0400

0.66% CuEq over 177 Meters at the Edge of Large MT Conductivity Anomaly - Step-Out Drilling Underway
New Mineralized Center: HER-25-25 has intersected alteration and veining consistent with the outer margins of a new porphyry center, with step-out drilling underway to vector towards the causative porphyry intrusion.
Distinct Style: The style of mineralization is distinct from that at Leviathan, with a greater proportion of quartz vein-hosted mineralization and stronger grades than would typically be observed on the margins of the Leviathan system.
Increasing Alteration Intensity: Reconnaissance drilling, from east to west at Southern Flats, has systematically vectored

Hercules Metals closes C$31.5 million private placement

Wed, 20 May 2026 08:44:10 -0400

Hercules Metals Corp. (TSXV: BIG) completed a bought deal private placement of 53.4 million common shares at C$0.59 per share, raising gross proceeds of approximately C$31.5 million.

The offering consisted of two components: 36.4 million shares issued under the Listed Issuer Financing Exemption for C$21.4 million, and 17 million shares issued through other prospectus exemptions for C$10 million. BMO Capital Markets and SCP Resource Finance served as joint bookrunners for the transaction.

The Toronto-based exploration company plans to use the net proceeds for exploration and development of its Hercules property in western Idaho and general working capital purposes. The company paid the

Hercules Metals Closes Bought Deal Private Placement of C$31.5 Million

Wed, 20 May 2026 08:36:00 -0400

Toronto, Ontario--(Newsfile Corp. - May 20, 2026) - Hercules Metals Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: C0X) ("Hercules Metals" or the "Company") is pleased to announce that it has closed its previously announced bought deal private placement Offering (as defined below) of 53,353,000 common shares of the Company (each, a "Common Share") at a price of C$0.59 per Common Share (the "Offering Price") for gross proceeds of approximately C$31.5 million. Pursuant to the Offering, the Company issued 36,353,000 Common Shares at the Offering Price for gross proceeds of C$21,448,270 under the Listed Issuer Financing Exemption (as defined below) (the "LIFE

Hercules Metals Closes Bought Deal Private Placement of C$31.5 Million

Wed, 20 May 2026 08:36:00 -0400

Toronto, Ontario--(Newsfile Corp. - May 20, 2026) - Hercules Metals Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: C0X) ("Hercules Metals" or the "Company") is pleased to announce that it has closed its previously announced bought deal private placement Offering (as defined below) of 53,353,000 common shares of the Company (each, a "Common Share") at a price of C$0.59 per Common Share (the "Offering Price") for gross proceeds of approximately C$31.5 million. Pursuant to the Offering, the Company issued 36,353,000 Common Shares at the Offering Price for gross proceeds of C$21,448,270 under the Listed Issuer Financing Exemption (as defined below) (the "LIFE

Hercules Metals Announces Positive Results of Induced Polarization Survey at New Targets, Hercules Project, Idaho

Wed, 22 Apr 2026 07:00:00 -0400

New Survey Shows IP Chargeability Coincident with MT Conductivity Anomalies at Pegasus and Hook Targets, with Inaugural Drilling Commencing in the Coming Weeks
New Pegasus and Hook targets, situated along strike from the Company's Leviathan porphyry copper discovery, are now drill-ready, following results of a ~17-line-kilometer IP survey.
Rapidly completed multi-phase MT and IP surveys reveal the targets are both conductive and chargeable, with a similar scale and geometry to the original Leviathan discovery.
At the Hook target, a previously announced MT conductivity anomaly (~400 ohm-m) was surveyed with IP, revealing coincident strong chargeability (up to 25

Hercules Metals Announces Positive Results of Induced Polarization Survey at New Targets, Hercules Project, Idaho

Wed, 22 Apr 2026 07:00:00 -0400

New Survey Shows IP Chargeability Coincident with MT Conductivity Anomalies at Pegasus and Hook Targets, with Inaugural Drilling Commencing in the Coming Weeks
New Pegasus and Hook targets, situated along strike from the Company's Leviathan porphyry copper discovery, are now drill-ready, following results of a ~17-line-kilometer IP survey.
Rapidly completed multi-phase MT and IP surveys reveal the targets are both conductive and chargeable, with a similar scale and geometry to the original Leviathan discovery.
At the Hook target, a previously announced MT conductivity anomaly (~400 ohm-m) was surveyed with IP, revealing coincident strong chargeability (up to 25

Hercules Metals Intersects 670 m of 0.45% Copper, 4 g/t Ag and 95 ppm Mo, including 213 m of 0.67% Copper, 10 g/t Ag, 128 ppm Mo at the Leviathan Porphyry System in Idaho

Mon, 30 Mar 2026 07:00:00 -0400

Longest Interval to Date, Now Being Extended Further Downhole, Beginning at a True Depth of 150 m Below Surface
Assays to 842.65 m depth for drill hole HER-25-18 have been received, returning the longest interval to date at Hercules:
670.44 m of 0.45% Cu, 4.0 g/t Ag, 95 ppm Mo
including 212.81 m of 0.67% Cu, 10.2 g/t Ag, 128 ppm Mo
Represents a 200 m step-out southwest of recently reported drill hole HER-25-15, which intersected 420.62 m of 0.60% Cu, 6.0 g/t Ag, 65 ppm Mo.
Hole now being extended beyond 842.65 m as part of the 2026 campaign.
Upon completion of HER-25-18's extension, a

Hercules Metals Intersects 670 m of 0.45% Copper, 4 g/t Ag and 95 ppm Mo, including 213 m of 0.67% Copper, 10 g/t Ag, 128 ppm Mo at the Leviathan Porphyry System in Idaho

Mon, 30 Mar 2026 07:00:00 -0400

Longest Interval to Date, Now Being Extended Further Downhole, Beginning at a True Depth of 150 m Below Surface
Assays to 842.65 m depth for drill hole HER-25-18 have been received, returning the longest interval to date at Hercules:
670.44 m of 0.45% Cu, 4.0 g/t Ag, 95 ppm Mo
including 212.81 m of 0.67% Cu, 10.2 g/t Ag, 128 ppm Mo
Represents a 200 m step-out southwest of recently reported drill hole HER-25-15, which intersected 420.62 m of 0.60% Cu, 6.0 g/t Ag, 65 ppm Mo.
Hole now being extended beyond 842.65 m as part of the 2026 campaign.
Upon completion of HER-25-18's extension, a

Hercules Metals Secures Strategic Lease Option for Additional 1,473 Acres of Private Land Adjacent to the Hercules Project in Western Idaho

Tue, 24 Mar 2026 07:00:00 -0400

Long-Term Exploration Rights with Purchase Optionality – An eight-year lease provides full exploration rights, including drilling, with a clear pathway to acquire a 100% interest.
Strategic Land Consolidation – If exercised, adds approximately 1,473 acres of private land, including both surface and mineral rights, contiguous with the Company's Pegasus Target.
Expands Existing (~1,800 acres) Surface Rights Coverage at Leviathan – The Company's current surface mining rights cover approximately 1,800 acres across the full extent of the Leviathan copper discovery. If exercised, total surface rights would increase to approximately 3,273 acres, with the broader mineral land position exceeding 100,000 acres.
Infrastructure

Hercules Metals Secures Strategic Lease Option for Additional 1,473 Acres of Private Land Adjacent to the Hercules Project in Western Idaho

Tue, 24 Mar 2026 07:00:00 -0400

Long-Term Exploration Rights with Purchase Optionality – An eight-year lease provides full exploration rights, including drilling, with a clear pathway to acquire a 100% interest.
Strategic Land Consolidation – If exercised, adds approximately 1,473 acres of private land, including both surface and mineral rights, contiguous with the Company's Pegasus Target.
Expands Existing (~1,800 acres) Surface Rights Coverage at Leviathan – The Company's current surface mining rights cover approximately 1,800 acres across the full extent of the Leviathan copper discovery. If exercised, total surface rights would increase to approximately 3,273 acres, with the broader mineral land position exceeding 100,000 acres.
Infrastructure

Hercules Metals Outlines Initial 2026 Drill Plan at the Hercules Property in Western Idaho

Fri, 20 Mar 2026 07:00:00 -0400

Phase I Drill Plan – An initial 12,500 m first phase of drilling has commenced at the Hercules Property, testing five new target areas shown in Figure 2, all of which lie along trend from the Leviathan copper system. Upon completion of this phase and evaluation of results, the Company anticipates expanding to a total of 20,000 to 30,000 m.
Second Drill Rig Mobilized Ahead of Schedule – A second drill rig has been mobilized to resume drilling at hole HER-25-18, previously paused at 841 m depth. Observations of potassic alteration at depth suggest the potential for a broader Footwall Zone than previously

Hercules Metals Outlines Initial 2026 Drill Plan at the Hercules Property in Western Idaho

Fri, 20 Mar 2026 07:00:00 -0400

Phase I Drill Plan – An initial 12,500 m first phase of drilling has commenced at the Hercules Property, testing five new target areas shown in Figure 2, all of which lie along trend from the Leviathan copper system. Upon completion of this phase and evaluation of results, the Company anticipates expanding to a total of 20,000 to 30,000 m.
Second Drill Rig Mobilized Ahead of Schedule – A second drill rig has been mobilized to resume drilling at hole HER-25-18, previously paused at 841 m depth. Observations of potassic alteration at depth suggest the potential for a broader Footwall Zone than previously

Hercules Metals Commences 2026 Drilling at the Hercules Property in Western Idaho

Tue, 17 Mar 2026 07:00:00 -0400

New Protocols Implemented to Accelerate Turnaround of Drill Results
2026 Drilling Campaign Underway - Drilling has commenced at the Hercules Property for the 2026 exploration season. The program is designed for 20,000 to 30,000 m of drilling, focused entirely on expanding the Leviathan copper system along strike, representing roughly double the meters drilled to date and targeting larger, stronger MT geophysical anomalies identified along trend.
Drilling Resumes on HER-25-25 - Following a brief winter pause, drilling has resumed on HER-25-25 to continue testing for extensions of the Leviathan porphyry system in the Southern Flats target area. The hole