VANCOUVER, BC, July 7, 2026 /CNW/ – Tiernan Gold Corp. (TSXV: TNGD) (“Tiernan” or the “Company”), announces the grant of an aggregate of 20,042 deferred share units (“DSUs”) to non-executive directors of the Company under the Company’s Omnibus Equity Incentive Plan adopted on October 16, 2025. Each DSU entitles the holder to receive one common share of the Company, a cash payment equal to the value of one common share of the Company, a combination thereof, or otherwise as determined at the sole discretion of the Company, following the holder ceasing to be a director of the Company.
The DSUs vest one year from the date of grant and have been granted for the second quarter (Q2 2026) at a price of $7.14 per share. The Company’s grant of DSUs is in addition to cash compensation fees payable to its non-executive directors.
On behalf of Tiernan Gold Corp.
Fausto Di Trapani, CEO and Director
About Tiernan Gold Corp.
Tiernan Gold Corp. is focused on the disciplined de-risking of the Volcan Gold Project strategically located in the Atacama Region of Chile, on the Maricunga gold belt, a jurisdiction that has a long-established history of mining with a number of operating mines, new mines under construction and major projects being developed.
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SOURCE Tiernan Gold Corp.