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Article content VANCOUVER, British Columbia, May 07, 2021 (GLOBE NEWSWIRE) Azucar Minerals Ltd. (“Azucar” or the “Company”) (TSX-V: AMZ; OTCQX: AXDDF) announces that, pursuant to its Stock Option Plan, it has granted stock options to certain directors, employees, and consultants of the Company to purchase an aggregate 3,984,200 common shares in the capital of the Company at an exercise price of $0.12 per share which expire on May 11, 2023. About Azucar Azucar is an exploration company with a mandate to thoroughly explore the El Cobre project in Veracruz, Mexico, which covers multiple gold-rich porphyry targets, as demonstrated by recent drilling. Azucar holds a 100% interest in the El Cobre project, subject to net smelter returns (“NSR”) royalty interests, assuming production from the property exceeds 10,001 tonnes per day of ore, totaling 2.25% which can be reduced to 2.0% though the payment of US$3.0 million.

El cobreUnited kingdomBritish columbiaJ duane poliquinAzucar minerals ltdRegulation services providerVenture exchangeAzucar mineralsStock option planDuane poliquinஎல் கோப்ரேஒன்றுபட்டது கிஂக்டம்பிரிட்டிஷ் கொலம்பியாஅஸுகார் தாதுக்கள் லிமிடெட்ஒழுங்குமுறை சேவைகள் வழங்குநர்துணிகர பரிமாற்றம்