(MENAFN- Newsfile Corp) Toronto, Ontario--(Newsfile Corp. - October 6, 2025) - Big Ridge Gold Corp. (TSXV: BRAU) (OTCQB: ALVLF) ("Big Ridge" or the "Company") has awarded share-based compensation to certain officers and non-executive directors, with all awards effective October 3, 2025.

Big Ridge awarded a total of 1,750,000 options to its officers under the terms of the Company's Amended and Restated Option Plan. These options are exercisable at a price of $0.19 per share, expire on October 3, 2030, and vest in equal tranches on October 3, 2025, 2026, and 2027. In addition, Big Ridge awarded a total of 575,000 Restricted Share Units ("RSUs") to its officers and directors under the terms of the Company's Amended and Restated RSU Plan, with each RSU vesting on October 3, 2026, and a total of 400,000 cash-settled Deferred Share Units ("DSU"), with each DSU vesting upon award.

About Big Ridge Gold Corp.

Big Ridge Gold Corp. is an exploration and development company managed by a disciplined and experienced team of officers and directors. The Company is committed to the development of advanced stage mining projects using industry best practices combined with strong social license from our local communities. Big Ridge owns an 100% interest in the Hope Brook Gold Project, located in Newfoundland and Labrador. Big Ridge also owns 100% interest in the highly prospective Oxford Gold Project located in Manitoba and the Destiny Gold Project in Quebec.

Acknowledgement

Big Ridge acknowledges and appreciates the Newfoundland and Labrador Ministry of Natural Resources' financial support of the Company's 2023 exploration programs through the Junior Exploration Assistance (JEA) Program.

For more details regarding the Company's projects, please visit our website at .

ON BEHALF OF THE BOARD,

Mike Bandrowski,
President & CEO

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