The TSX Venture Exchange has accepted for filing documentation with respect to Apogee Minerals Ltd.'s arm's-length option to acquire up to a 100-per-cent interest in the Knife Lake project, pursuant to an option agreement between Apogee Minerals and Trident Resources Corp.

Pursuant to the terms of the agreement, to exercise the option, Apogee Minerals will pay to the vendor an aggregate of $400,000 in cash, issue to the vendor an aggregate of 7.4 million shares in the capital of Apogee Minerals, issue to the vendor additional shares having an aggregate value of $700,000 and incur a minimum of $1-million in exploration expenditures on the property. Notwithstanding the foregoing, Apogee Minerals will not issue any shares to the vendor to the extent that, after giving effect to such issuance, the vendor will hold 10 per cent or more of the issued and outstanding shares.

The transaction is arm's length in nature. No finder's fee was paid.

For further details, please refer to Apogee Minerals' news releases dated July 14, 2026, and Sept. 16, 2026.