RUGBY GRANTS INCENTIVE STOCK OPTIONS

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Dec 30, 2022

Vancouver, B.C., Dec. 30, 2022 (GLOBE NEWSWIRE) -- Rugby Resources Ltd. (“Rugby” or the “Company”) (TSX-V: RUG) announces that it has, subject to exchange approval, granted an aggregate 3,205,000 stock options to 6 directors and 3 officers with an exercise price of $0.10. All options granted are subject to vesting provisions and have a 5-year term.