Apogee Minerals signs option to buy 100% of Knife Lake copper project for $400,000, shares, $1 million work spend

• Apogee Minerals entered a July 13, 2026 option agreement to acquire 100% of Trident Resources’ Knife Lake copper project in northeastern Saskatchewan.
• Terms require cash payments totaling $400,000, issuance of 7,400,000 shares, exploration spending of at least CAD 1 million over two years.
• Additional share consideration valued at CAD 700,000 may be paid in cash if it would take Trident to 10% ownership.
• Project covers 54 claims over about 35,255 hectares, hosting a near-surface VMS copper-cobalt-gold-silver-zinc deposit.
• Post-exercise interest remains subject to existing royalties, including a 2.5% NSR to Summit Royalties and a 1.5% NSR on some claims.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Apogee Minerals Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607141630OMX_____CNEWS_EN_GNW9762206_en) on July 14, 2026, and is solely responsible for the information contained therein.