LUCA ANNOUNCES GRANT OF STOCK OPTIONS AND RESTRICTED SHARE UNITS AND AMENDMENT TO EMPRESS AGREEMENT

VANCOUVER, BC, Aug. 15, 2024 /PRNewswire/ – Luca Mining Corp. (“Luca” or the “Company“) (TSX-V: LUCA) (OTCQX: LUCMF) (Frankfurt: Z68) announces that it has granted an aggregate of 4,508,833 incentive stock options (“Options“) and 800,000 Restricted Share Units (“RSUs“) to certain officers and directors in accordance with Luca’s omnibus equity incentive plan. The Options are exercisable at a price of $.55 and will expire five years from the date of their issuance. The Options will vest as follows: (i) 33% on August 15, 2024 ; (ii) 33%  February 15, 2025 ; and (iii) the balance on August 15, 2025 . The RSUs will vest on August 15, 2025. The grant of the Options and RSUs are subject to approval by the TSX Venture Exchange.

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