Issuance of Incentive Stock Options and Deferred Share Units

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Jan 06, 2022

LONDON, UK / ACCESSWIRE / January 6, 2022 / Gabriel Resources Ltd. ("Gabriel" or the "Company") announces that it has granted an aggregate of 297,790 incentive stock options under the Company's stock option plan (the "Option Plan") and 167,171 deferred share units under the Company's deferred share unit plan (the "DSU Plan") to certain directors of the Company as non-cash directors' fees for service during Q4 2021 (the "Director Grant"). All incentive stock options issued under the Director Grant are exercisable for a period of ten years at $0.195 per share and vest immediately from the date of grant.