Terra Clean Energy CORP. (‘ Terra ‘ or the ‘ Company ‘) (CSE: TCEC,OTC:TCEFF, OTCQB: TCEFF FSE: 9O0) is pleased to announce terms to acquire up to a 100% interest in 75 uranium claims in Emery County, Utah, United States.

Transaction Highlights

• Nine Past Producing Uranium mines covered on the Claims having produced several hundred thousand tons of ore grading up to 1% U308

• Visible Uranium, Vanadium, Copper and Cobalt at Surface with numerous uranium readings up to 21,000 CPS equating to grades .22% U308

• Close Proximity to major roads with good year round access, power and a uranium mill located within a 75 mile drive

• Strong Government support for nuclear power and uranium mining projects and a stated objective to reduce reliance on foreign nuclear fuel

• Staged earn-in allows the company to optimize exploration programs

• Provides Terra shareholders exposure to two North American assets both with near surface Uranium opportunities in low-risk jurisdictions

Greg Cameron stated ‘One of my stated goals with Terra was to add another low-risk uranium project to the Company and this transaction does just that. Having toured the properties with our VP Exploration, it is clear from the moment you arrive you are in a uranium district with many old workings, adits, shafts and old infrastructure. I am excited to see work begin this fall and believe there to be a clear path to add significant value for our shareholders.’

Rationale Behind the Acquisition

Green Vein Mesa and Wheal Anne Claims offer exposure to uranium projects in the USA with excellent upside in a significant historical uranium district. Terra has made a strategic decision to acquire the Green Vein Mesa and Wheal Anne Claims due to the belief there is more minable uranium present. It is important to note that the encompassing claims have a production history. Both sets of claims are in ideal locations, situated near main roads, secondary roads and have access to power and water sources. In the past, mining operations focused on ore found at or near surface. The process of oxidation led to the formation of various secondary uranium minerals. The Trump Administration has recently enacted historic policies designed to accelerate nuclear power and uranium mining activity in the country’

‘This initial project in San Rafael Swell offers significant upside as it is clear that these old mines were abandoned in the 1970’s due to a uranium market collapse not because they ran out of uranium to mine,’ stated Greg Cameron, CEO of Terra. ‘We believe strongly that we can expand on the previous work through modern exploration technologies like 3D modelling’  added Trevor Perkins VP Exploration.

Project Overview

The San Rafael Swell is a large, uplifted, doubly-plunging anticline in east-central Utah and the Swell forms part of, but contrasts with the surrounding flat-lying rocks, of the Colorado Plateau, a significant uranium mining district in the Western United States. Historical uranium production was undertaken in the region between the late 1940’s into the 1970’s.  No significant work has been completed in the region in the past 50 years.

The rocks in the San Rafael Swell are predominately sedimentary (Pennsylvanian through Cretaceous), including Triassic and Jurassic formations that are known to host uranium. The project area is underlain by Triassic aged sedimentary rocks of the Moenkopi and Chinle formations. The Chinle outcrops in a continuous belt around the San Rafael Swell and on isolated buttes through the center of the swell. It is widely believed that volcanic ash is the source of uranium for many deposits in the swell. All existing mines and prospects in the Chinle are in the lower, bentonitic part of the Chinle in channel-fill sandstone and surrounding siltstones of the lower Chinle Formation. .  In the Green Vein Mesa area these occur as scour channel fill at the contact with the underlying Moenkopi Formation.

The project is separated into two claim groups 10 km apart. The Wheal Anne Claim Group is the southwest of the two and encompasses approximately 130 hectares covering the former producing Lucky Strike Mine and related uranium occurrences. The Lucky Strike Mine was discovered in 1949 and produced more than 10,000 tons of ore grading 0.22% U ₃ O ₈ and 0.09% V ₂ O ₅ . ¹

The Green Vein Mesa Claim Group to the northeast encompasses approximately 300 hectares and covers the former producing Payday Mine, Hertz Mine, and Green Vein group of mines. Production numbers for these mines were not located, however the Hertz Mine reportedly had local samples up to 1% U ₃ O ₈ . ²

Figure 1:  Map of the San Rafael Swell from the Utah Geological Survey. The Wheal Anne and Green Vein Mesa Claim Group locations are shown by the red stars.

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Figure 2:  Overview of the Wheal Anne (West)and Green Vein Mesa (East) Claim Groups

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Figure 3:  The Wheal Anne Claim Group, covering the historical Lucky Strike and Commonwealth Uranium Mines and showings.
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Figure 4:  The Green Vein Mesa Claim Group, covering the historical Payday, Hertz, Green Vein Group, and Green Vein #5 Uranium Mines.
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Figure 5: Uraninite vein near the Payday Mine workings.
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Figure 6: Green Vein Group Mine workings and ore chute.
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Transaction Overview

To earn its respective interests in each of the Wheal Anne Claims and the Green Vein Mesa, the Company would be required to make the following cash payments, common share issuances and incur exploration expenditures on the respective claims as follows:

Wheal Anne Claims

** Subject to the retention by the Vendors of a two percent (2%) net royalty on the Wheal Anne Claims (the ‘ Wheal Anne Royalty ‘), with Terra Clean having the option to purchase fifty percent (50%) of the Wheal Anne Royalty at any time by making a total cash payment to the Vendors in the amount of USD$666,666.

Green Vein Mesa Claims

**  Subject to the retention by the Vendors of a two percent (2%) net royalty on the Green Vein Mesa Claims (the ‘ Green Vein Royalty ‘), with Terra Clean having the option to purchase fifty percent (50%) of the Green Vein Royalty at any time by making a total cash payment to the Vendors in the amount of USD$333,334.

The agreements to acquire an interest in each of the Wheal Anne Claims and the Green Vein Mesa Claims remains subject to the receipt of all regulatory approvals, including the approval of the Canadian Securities Exchange.

All securities issued in connection with these agreements would be subject to a four-month plus one day hold period from the date of issuance in accordance with applicable securities laws.

About Terra Clean Energy Corp.

Terra Clean Energy is a Canadian-based uranium exploration and development company. The Company is currently developing the South Falcon East uranium project within the Fraser Lakes B Uranium Deposit, located in the Athabasca Basin region, Saskatchewan, Canada as well as developing past producing Uranium mines in the San Rafael Swell Emery County, Utah, United States

ON BEHALF OF THE BOARD OF Terra Clean Energy CORP.

‘Greg Cameron’
Greg Cameron, CEO

Qualified Person

The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101, reviewed and approved on behalf of the company by C. Trevor Perkins, P.Geo., the Company’s Vice President, Exploration, and a Qualified Person as defined by National Instrument 43-101.

* The historical results, production, and interpretation described here in have not been verified and are extracted from US Geological Survey reports.  The Company has not completed sufficient work to confirm and validate any of the historical data contained in this news release. The historical work does not meet NI 43-101 standards.  The Company considers the historical work a reliable indication of the potential of the San Rafael Swell and the information may be of assistance to readers.  Information collected during a site visit in September 2025 was collected using an RS-225 ‘Super-Spec’ Spectrometer manufactured, inspected and calibrated in 2025.

Forward-Looking Information

This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information is characterized by words such as ‘plan’, ‘expect’, ‘project’, ‘intend’, ‘believe’, ‘anticipate’, ‘estimate’ and other similar words, or statements that certain events or conditions ‘may’ or ‘will’ occur. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, and opportunities to differ materially from those expressed or implied by such forward-looking information, including statements regarding the potential development of mineral resources and mineral reserves which may or may not occur. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, and general economic and political conditions. Forward-looking information in this news release is based on the opinions and assumptions of management considered reasonable as of the date hereof, including that all necessary approvals, including governmental and regulatory approvals will be received as and when expected. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether because of new information, future events or otherwise, other than as required by applicable laws. For more information on the risks, uncertainties and assumptions that could cause our actual results to differ from current expectations, please refer to the Company’s public filings available under the Company’s profile at www.sedarplus.ca .

Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

For further information please contact:

Greg Cameron, CEO
info@tcec.energy

Terra Clean Energy Corp
Suite 303, 750 West Pender Street
Vancouver, BC V6C 2T7
www.tcec.energy

¹ Source:  U.S. Geological Survey Bulletin 1239, 1968, Geology, Altered Rocks and Ore Deposits of The San Rafael Swell, Emery County, Utah, By C.C. Hawley, R. C. Robeck and H.B. Dyer.
² Source:  U.S. Geological Survey Bulletin 1239, 1968, Geology, Altered Rocks and Ore Deposits of The San Rafael Swell, Emery County, Utah, By C.C. Hawley, R. C. Robeck and H.B. Dyer.

Silver47 Exploration Corp. (TSXV: AGA,OTC:AAGAF) (OTCQB: AAGAF) (‘Silver47’ or the ‘Company’) is pleased to announce the closing of its previously announced brokered private placement (the ‘Offering’) of units (each, a ‘Unit’) at a price of $0.70 per Unit for aggregate gross proceeds of $23,000,460, including the full exercise of the over-allotment option.

The Offering was led by Research Capital Corporation, as lead agent and sole bookrunner, on behalf of a syndicate of agents, including Eventus Capital Corp. and Haywood Securities Inc. (collectively, the ‘Agents‘).

Each Unit is comprised of one common share of the Company (a ‘Common Share‘) and one-half of one Common Share purchase warrant (each whole warrant, a ‘Warrant‘). Each Warrant is exercisable to acquire one Common Share at a price of $1.00 per Common Share until September 16, 2028.

The Company intends to use the net proceeds of the Offering for further exploration work on the Company’s projects and for general working capital purposes.

The Units were sold in reliance on the ‘listed issuer financing exemption’ from the prospectus requirement available under Part 5A of National Instrument 45-106 – Prospectus Exemptions, as amended by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemptions (the ‘Listed Issuer Financing Exemption‘). The securities sold under the Listed Issuer Financing Exemption, including securities issuable upon exercise thereof, are not subject to a hold period in accordance with applicable Canadian securities laws, other than those sold to a director of the Company which are subject to a hold period expiring on January 17, 2026 in accordance with the policies of the TSXV Venture Exchange (the ‘Exchange‘).

In consideration for the services provided by the Agents in connection with the Offering, Silver47 paid to the Agents an aggregate cash commission of $1,193,175 and issued to the Agents an aggregate of 1,704,536 broker warrants of the Company (the ‘Broker Warrants‘). Each Broker Warrant is exercisable to acquire one Common Share at a price of $0.70 per Common Share until September 16, 2028. In addition, the Company paid an advisory fee of $179,342.80 plus tax and issued 256,204 advisory warrants of the Company on the same terms as the Broker Warrants.

A director of Silver47 acquired 100,000 Units for gross proceeds of $70,000 pursuant to the Offering, and as such the Offering is considered a related party transaction within the meaning of Policy 5.9 of the TSXV Venture Exchange and Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (‘MI 61-101‘). Neither Silver47, nor to the knowledge of Silver47 after reasonable inquiry, a related party, has knowledge of any material information concerning Silver47 or its securities that has not been generally disclosed. Silver47 has relied on exemptions from the formal valuation and minority approval requirements of sections 5.5(a) and 5.7(1)(a) of MI 61-101 in respect of such insider participation, based on a determination that the fair market value of the participation in the Offering by the insider will not exceed 25% of the market capitalization of the Silver47, as determined in accordance with MI 61-101. Silver47 did not file a material change report more than 21 days before the expected closing of the Offering because the details of the participation therein by a related party of Silver47 were not settled until shortly prior to closing of the Offering and the parties wished to close on an expedited basis for business reasons.

This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the ‘1933 Act‘) or any state securities laws and may not be offered or sold within the United States or to, or for account or benefit of, U.S. Persons (as defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available.

About Silver47 Exploration Corp.

Silver47 Exploration Corp. is a mineral exploration company, focused on uncovering and developing silver-rich deposits in North America. The Company is creating a leading high-grade US-focused silver developer with a combined resource totaling 236 Moz AgEq at 334 g/t AgEq inferred and 10 Moz at 333 g/t AgEq Indicated. With operations in Alaska, Nevada and New Mexico, Silver47 is anchored in America’s most prolific mining jurisdictions. For detailed information regarding the Company’s properties, please refer to the technical reports and other filings available on the Company’s profile on SEDAR+ at www.sedarplus.ca.

For more information about the Company, please visit www.silver47.ca.

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Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

FORWARD-LOOKING STATEMENTS

This news release contains ‘forward-looking information’ within the meaning of applicable Canadian securities legislation. ‘Forward-looking information’ includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, including, without limitation, the intended use of the net proceeds of the Offering, and the anticipated benefits and impacts of the Offering. Generally, but not always, forward-looking information and statements can be identified by the use of words such as ‘plans’, ‘expects’, ‘is expected’, ‘budget’, ‘scheduled’, ‘estimates’, ‘forecasts’, ‘intends’, ‘anticipates’, or ‘believes’ or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will be taken’, ‘occur’ or ‘be achieved’ or the negative connation thereof.

Such forward-looking information and statements are based on numerous assumptions, including among others, that the Company will receive final Exchange approval, the price of metals; the costs of exploration and development; the estimated costs of development of the Company’s projects; and the Company’s ability to operate in a safe and effective manner. Although the assumptions made by the Company in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

Important factors that could cause actual results to differ materially from the Company’s plans or expectations include, without limitation, risks relating to market conditions; timeliness of final Exchange approval; the risk that actual costs may exceed estimated costs; geological, mining and exploration technical problems; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); title to properties and management’s ability to anticipate and manage the foregoing factors and risks. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/266652

Saga Metals Corp. (‘SAGA’ or the ‘Company’) (TSXV: SAGA,OTC:SAGMF) (OTCQB: SAGMF) (FSE: 20H) a North American exploration company focused on critical mineral discovery, is pleased to report dual advancements in its 2025 program: the completion of a detailed mineralogical and geological study prepared by Dr. Al Miller, that sets the stage for comprehensive metallurgical testing, and significant on-site exploration progress at the 100% owned Radar Titanium-Vanadium-Iron (Ti-V-Fe) Project near Cartwright, Labrador. Together, these developments underscore Radar’s potential as a strategic critical metals project in North America.

Radar Ti-V-Fe Project in Labrador, Canada:

The Radar Property benefits from exceptional infrastructure, including all-season road access, a nearby deep-water port, hydroelectric power, and an airstrip with claims just 10 km from Cartwright, Labrador. Spanning 24,175 hectares, the Property covers all the Dykes River intrusive complex—an extensive (~160 km²) Mesoproterozoic layered mafic intrusion. Unique amongst Western exploration companies, SAGA controls its entire intrusive complex.

Grenville-age mafic layered intrusions of Québec and Labrador represent a significant but underdeveloped titanium–vanadium–iron resource province. These layered intrusions, emplaced during the Grenvillian orogeny, locally host thick oxide-rich cumulate zones dominated by titanomagnetite and hemo-ilmenite with accessory vanadium and phosphorus. Their scale and metallogenic affinity are directly comparable to major Fe–Ti–V deposits such as Lac Tio (Quebec), Panzhihua (China), Tellnes (Norway) and Bushveld (South Africa), which supply a major share of global TiO₂ feedstock and vanadium for steel alloys and emerging energy storage markets. The combination of large tonnage potential, favourable logistics, and critical mineral content positions the Grenville intrusions, such as Radar’s Dykes River complex, as strategic candidates for development in the context of growing North American demand for titanium, vanadium and high-quality iron.

Early geological mapping, government magnetic surveys and ground-based geophysics of the Radar property have identified oxide layering across more than 20 km of strike length, with mineralized zones remaining open for expansion. Vanadiferous titanomagnetite (‘VTM’) is the principal oxide and occurs as cumulate and intercumulus mineralization over large thicknesses of the Dykes River layered intrusion.

Figure 1: Radar Property map, depicting magnetic anomalies, oxide layering and the site of the 2025 drill program in the Hawkeye zone. The Property is well serviced by road access and is conveniently located near the town of Cartwright, Labrador. A compilation of historical aeromagnetic anomalies is overlaid by ground-based geophysics as shown. SAGA has demonstrated the reliability of the regional airborne magnetic surveys after ground-truthing and drilling in the 2024 and 2025 field programs.

Petrography, petrology and mineral chemistry of oxide-bearing rocks within the Hawkeye Zone

SAGA retained Dr. Allan Miller, Ph.D., to study a suite of selected intrusive rocks from several areas of the Radar property. Dr. Miller has extensive experience as a petrographer in the Superior and Grenville provinces, including 25 years with the Geological Survey of Canada as a Mineral Deposits Research Scientist responsible for regional-scale metallogeny, deposit-scale alteration studies and regional and detailed mapping in northern Canada.

Dr. A. Miller’s report investigated grab samples taken in 2024, from the area of Saga Metals completed maiden drill campaign earlier in 2025. The drill program included seven (7) diamond drill holes totaling approximately 2,200 metres drilled at the Hawkeye Zone. Drilling confirmed the presence of thick titanomagnetite-rich oxide layers containing titanium dioxide (TiO₂), vanadium pentoxide (V₂O₅), and iron (Fe), while preserving magmatic textures that are advantageous for downstream metallurgical recovery. Key drilling results include:

• HEZ-07: 20.2 metres grading 31.35% Fe, 6.32% TiO₂, and 0.435% V₂O₅
• HEZ-07 (additional interval): 57.7 metres grading 27.09% Fe, 5.305% TiO₂, and 0.365% V₂O₅
• HEZ-01: 31.5 metres grading 25.95% Fe, 5.34% TiO₂, and 0.28% V₂O₅
• HEZ-04: 50 metres grading 24.49% Fe, 4.74% TiO₂, and 0.305% V₂O₅
• HEZ-05: 25 metres grading 19.92% Fe, 4.14% TiO₂, and 0.213% V₂O₅

Figure 2: 500m strike by 350m width magnetic anomaly drilled in winter 2025 program. (2024 Saga Metals. TMI Magnetic Survey).

Despite the clear identification of multiple intrusive and mineralizing events in the Dykes River complex, SAGA is focusing on a discrete intrusive horizon termed the Lower Cumulate Layer that was tested in the 2025 Winter drilling program.

Within the 600 m tested thickness of the layered gabbronorite, the chemistry delineates a very promising 300-400 m thickness, referred to as the Lower Cumulate Layer. The highest V2O5 assays are in the lower 100-200 m, coinciding with the highest-grade intervals of VTMs. The layer is comprised of interlayered gabbronorite and bands of semi-massive to massive VTM.

Drill holes R25-HEZ-01, -07, -04, and -05 intersect this Lower Cumulate Layer. Dr. A. Miller’s report highlights the petrography and the mineral composition of silicates and oxides from these targeted oxide layers explored during the 2024 surface exploration program and subsequently drilled in 2025. Those findings describe the Lower Cumulate Layer and a separate, undrilled magmatic layer, documenting at least two Ti-V-Fe magmatic pulses — a significant finding that implies a protracted mineralizing episode.

Hawkeye Zone – Significant Drill Instructions

Maximum VTM is based on about a minimum 10 m interval
All intervals are within the Lower Cumulate Layer

Table 1: Lower Cumulate Layer highlighting the length of VTM intersections.

The significant length-weighted averages at Hawkeye are in the range of 20 to 35% VTM. In other mafic layered intrusions, that tenor of mineralization lies within an economic range.

Dr. Al Miller’s report provides important metallurgical insights into the mineralization of the targeted oxide layers and will be used by metallurgists at IGS Laboratories (‘IGS’) as a precursor to metallurgical testing on the Hawkeye drill core. Petrographic and mineral analyses confirmed that the dominant oxide minerals host titanium and vanadium and the phases were found to preserve primary magmatic textures, a favorable attribute for metallurgical processing. The Company has coordinated the shipment of the previously assayed core samples to IGS for immediate metallurgical analysis complete with Davis Tube and Satmagan analytical methods.

Notably, vanadium was observed in solid solution within magnetite-titanomagnetite, presenting an opportunity for recovery of vanadium alongside titanium as a valuable by-product. The rare-earth element analysis demonstrated consistent mantle-derived magmatic evolution across the Hawkeye prospects, confirming the large-scale continuity of mineralization.

The report provides a detailed analysis of the petrography, ore microscopy, mineral chemistry, and petrogenetic framework of the Radar property’s oxide-bearing rocks. Petrographic and ore microscopy studies documented transitions from massive and semi-massive oxide layers into gabbronorite hosting intercumulus and interstitial oxides, highlighting the close interplay between silicate and oxide phases. Thin-section work revealed a spectrum of textures—from cumulate to intercumulus to interstitial—demonstrating that oxides crystallized both as primary cumulates and later interstitial phases. These textural relationships are critical, as they capture the progressive evolution of the intrusion and the multiple stages of oxide accumulation. Mineral chemistry data from electron microprobe analysis confirmed that titanium and vanadium contents varied between textural types, suggesting repeated injections of compositionally distinct silicate-immiscible oxide melts.

Exploration has also revealed new targets of considerable scale. Ground magnetic and VLF-EM surveys at the Trapper Zone identified a continuous three-kilometre magnetic anomaly with maxima reaching 115,498 nT, among the strongest signatures observed on the property. Excavator trenching at Trapper further exposed semi-massive to massive vanadiferous titanomagnetite cumulate over 504 square metres, providing physical confirmation of the subsurface oxide layering. Meanwhile, magnetic surveys in the Northwest Zone uncovered anomalies up to 55,000 nT in areas largely untested by drilling. Historic drill hole 97-1 in this area intersected multiple intervals exceeding 40% Fe₂O₃ and ~7% TiO₂, including a 10-metre interval with 75% magnetite, demonstrating the broader potential of the intrusive complex. To support these efforts, Saga has advanced logistical access by upgrading forestry roads and constructing a four-kilometre access trail linking the Hawkeye, Trapper, and Northwest Zones.

Figure 3: Radar Project’s Trapper Zone depicting a 3+ km magnetic anomaly and oxide layering trend. The Trapper Trail (in black) will support a new diamond drilling program.

Next Steps at the Radar Property

The combination of geological, drilling, and commencement of metallurgical studies positions SAGA to rapidly advance toward resource definition at the Radar Project. The company intends to pursue a 10,000–15,000 metre follow-up drill program focused on the 3.3 km Trapper Zone oxide layering strike, alongside expanded metallurgical testing to optimize titanium and vanadium recoveries. With robust infrastructure, thick oxide layering, and globally significant analogues such as China’s Panzhihua and Norway’s Tellnes deposits ^{1 & 2} , Saga believes Radar has the potential to emerge as one of North America’s most significant titanium-vanadium deposits.

‘The findings from this report have confirmed the oxide mineralogy and traced the distribution of titanium and vanadium within these minerals. These oxide horizons exhibit remarkable lateral continuity and share a consistent geochemical signature at a broad scale. These analyses provide exceptional insight into the composition of the oxide layering we are targeting providing key details to establish a targeted and efficient drill program in the Trapper Zone,’ stated Michael Garagan, CGO & Director of Saga Metals.

__________________

Qualified Person

Paul J. McGuigan, P. Geo., is an Independent Qualified Person as defined under National Instrument 43-101 and has reviewed and approved the technical information related to the Radar Ti-V-Fe Project disclosed in this news release.

About Saga Metals Corp.

Saga Metals Corp. is a North American mining company focused on the exploration and discovery of a diversified suite of critical minerals that support the global transition to green energy. The Radar Titanium Project comprises 24,175 hectares and entirely encloses the Dykes River intrusive complex, mapped at 160 km² on the surface near Cartwright, Labrador. Exploration to date, including a 2,200m drill program, has confirmed a large and mineralized layered mafic intrusion hosting vanadiferous titanomagnetite (VTM) with strong grades of titanium and vanadium.

The Double Mer Uranium Project, also in Labrador, covers 25,600 hectares featuring uranium radiometrics that highlight an 18km east-west trend, with a confirmed 14km section producing samples as high as 0.428% U ₃ O ₈ and uranium uranophane was identified in several areas of highest radiometric response (2024 Double Mer Technical Report).

Additionally, SAGA owns the Legacy Lithium Property in Quebec’s Eeyou Istchee James Bay region. This project, developed in partnership with Rio Tinto, has been expanded through the acquisition of the Amirault Lithium Project. Together, these properties cover 65,849 hectares and share significant geological continuity with other major players in the area, including Rio Tinto, Winsome Resources, Azimut Exploration, and Loyal Metals.

With a portfolio that spans key minerals crucial to the green energy transition, SAGA is strategically positioned to play an essential role in the clean energy future.

On Behalf of the Board of Directors

Mike Stier, Chief Executive Officer

For more information, contact:

Rob Guzman, Investor Relations
Saga Metals Corp.
Tel: +1 (844) 724-2638
Email: rob@sagametals.com
www.sagametals.com

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Disclaimer

This news release contains forward-looking statements within the meaning of applicable securities laws that are not historical facts. Forward-looking statements are often identified by terms such as ‘will’, ‘may’, ‘should’, ‘anticipates’, ‘expects’, ‘believes’, and similar expressions or the negative of these words or other comparable terminology. All statements other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. In particular, this news release contains forward-looking information pertaining to the exploration of the Company’s Radar Project. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, environmental risks, limitations on insurance coverage, inherent risks and uncertainties involved in the mineral exploration and development industry, particularly given the early-stage nature of the Company’s assets, and the risks detailed in the Company’s continuous disclosure filings with securities regulations from time to time, available under its SEDAR+ profile at www.sedarplus.ca. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements only as expressly required by applicable law.

Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/380bb44c-6e28-4884-a878-4639915cef30
https://www.globenewswire.com/NewsRoom/AttachmentNg/0afab8e8-7156-4189-8569-b3e8386371e7
https://www.globenewswire.com/NewsRoom/AttachmentNg/acbde2c1-b913-4b07-a6cb-750837da7a36

(TheNewswire)

VANCOUVER, BC TheNewswire – September 16, 2025 – Heritage Mining Ltd. (CSE: HML FRA: Y66) (‘ Heritage ‘ or the ‘ Company ‘) is pleased to announce the results from its 2025 prospecting program at its Scattergood Project (‘Scattergood’) (Figure 1, 2). The Company has confirmed surface gold mineralization in close proximity (~4.5km) to Dynasty Gold’s Pelham Deposit (Figure 2).

Scattergood Exploration Program Highlights:

• Gold occurrence in combination with historical geophysics support early indication of similar geologic setting to the bordering Dynasty Gold Pelham Gold Deposit ~182,000oz at 1.37g/t Au (0.45 g/t Cut-Off) NI 43-101 report filed Jan 4, 2022 (Figure 2)

• Coincident Mag and IP chargeability anomalies (500m by 200m) similar to Dynasty Gold Pelham Gold Deposit, NI 43-101 report filed Jan 4, 2022 (Figure 2)

• Heritage is planning a broad spaced geochemical orientation program for immediate follow up (Figure 2).

‘We are very pleased with the initial exploration results from our Scattergood Project. The Heritage Exploration Team has newly identified surface gold mineralization through prospecting within ~4.5km from a known gold deposit Dynasty Golds, Pelham Deposit. This new discovery is important due to its proximity to the Pelham Deposit, we plan to aggressively evaluate the potential of this area. We look forward to further developing this gold target and providing additional updates on our Ontario Project Portfolio in short order.’ Commented Peter Schloo, President, CEO and Director of Heritage

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Figure 1:  Heritage Mining Ltd. Ontario Project Portfolio

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Figure 2: Scattergood Project:  Location and Historical Geophysics and Gold Showing in Rock Chips

Scattergood Project

The Scattergood Project totaling ~6,397Ha straddles the lower segment of Wapageisi group volcanic rock and felsic intrusive bodies including the Taylor Lake Stock, Meggisi Pluton, and Scattergood Lake stock as well as numerous late stage minor intrusives. Structurally, the project is complex with the north-northeast trending Taylor Lake Fault and Trout River deformation zone running through parts of the property. Please refer to June 3, 2024 press release for further details.

Discussion of Exploration Potential

The Company undertook a prospecting sampling program over a two-week period collecting 70 rock chip samples from outcrop.

The northeastern Scattergood Project Area displays the following characteristics:

• Primary structural control: north-south trending structural corridor; regional, crustal-scale. Interpreted primary ‘highway’ for regional fluid flow (Figure 2).

• Secondary structural control: east west trending deformation zone; hosts gold mineralization within the n-s corridor (Figure 2).

• Geophysical signature: magnetic and chargeability (IP) highs. Useful for targeting gold mineralization, as these geophysical anomalies can be linked to sulfide and biotite-magnetite alteration (Figure 2).

Conclusion

Initial 2025 prospecting at the Scattergood Project has identified gold mineralization associated with a strong magnetic anomaly and coincident IP chargeability anomaly. A desktop and field review has confirmed structural complexity within the project area. A broad spaced geochemical soil and till orientation program is proposed for immediate follow up.

Qualified Person

Stephen Hughes P. Geo, Strategic Advisor for the Company, serves as a qualified person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects and has reviewed the scientific and technical information in this news release, approving the disclosure herein.

Technical Program

Heritage Mining adheres to a strict QA/QC protocol for handling, sampling, sample transportation and analyses.  Chain-of-custody protocols are designed to ensure security of samples until their delivery at the laboratory.

Heritage Mining Ltd. surface rock chip samples were sent to the ALS assay laboratories in Thunder Bay, Ontario, Canada and the Company adheres to a strict QA/QC protocol for handling, sampling, sample transportation and analyses.  Chain-of-custody protocols are designed to ensure security of samples until their delivery at the laboratory.

Rock chip samples are analysed by Heritage Mining submits samples for gold determination by PhotonAssay to ALS Canada Ltd. (‘ ALS ‘). ALS operates under a commercial contract with Heritage Mining.

Rock chip samples are shipped to ALS for sample preparation at their facilities in Thunderbay Ontario. ALS is an ISO/IEC 17025:2017 accredited laboratory for the PhotonAssay method in addition to a variety of diverse metal determination methods.

Analytical Procedures

The ALS procedure for PhotonAssay involves lab applying preparation codes LOG-21 (sample logging via barcode), CRU-31 (fine crushing so that 70% passes through a 2mm screen) and SPL-32a (rotary splitting of a representative ~500g subsample)  followed by analytical code Au-PA01 which is a non-destructive gold analysis method using high-energy X-rays with a gold detection range from 0.03 ppm to 350ppm.

After gold assays are returned, Heritage then may choose to perform multi-element assays on selected samples based on the gold results. In these cases, sample preparation codes FND-05 (locate and use remaining crushed material from Au-PA01) and PUL-32m (pulverization so that >85% passes 75 µm screen) are then applied followed by analytical code ME-MS61 (multi-element ICP-MS analysis for base metals, pathfinder elements, lithophile elements and rare earth elements).

________________________________________

Quality Assurance/Quality Control (QA/QC)

The program design, QA/QC, and interpretation of results are performed by qualified persons employing a rigorous QA/QC program consistent with industry best practices. Standards and blanks account for a minimum of 10% of the samples, in addition to the laboratories’ internal quality assurance programs.

Quality Control data are meticulously evaluated upon receipt from the laboratories for any failures. Appropriate corrective action is taken if assay results for standards and blanks fall outside allowed tolerances. All results disclosed by Heritage Mining have successfully passed the Company’s stringent quality control protocols.

The Company does not recognize any factors of drilling, sampling, or recovery that could materially affect the accuracy or reliability of the assay data disclosed. The assay data disclosed in this press release have been verified by the Company’s Qualified Person against the original assay certificates.

ABOUT HERITAGE MINING LTD.

The Company is a Canadian mineral exploration company advancing its two high grade gold-silver-copper projects in Northwestern Ontario. The Drayton-Black Lake and the Contact Bay projects are located near Sioux Lookout in the underexplored Eagle-Wabigoon-Manitou Greenstone Belt. The Scattergood project is located ~40km south of Dryden . Both projects benefit from a wealth of historic data, excellent site access and logistical support from the local community.

For further information, please contact:

Heritage Mining Ltd.

Peter Schloo, CPA, CA, CFA

President, CEO and Director

Phone: (905) 505-0918

Email: peter@heritagemining.ca

FORWARD-LOOKING STATEMENTS

This news release contains certain statements that constitute forward looking information within the meaning of applicable securities laws. These statements relate to future events of the Company. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as ‘seek’, ‘anticipate’, ‘plan’, ‘continue’, ‘estimate’, ‘expect’, ‘forecast’, ‘may’, ‘will’, ‘project’, ‘predict’, ‘potential’, ‘targeting’, ‘intend’, ‘could’, ‘might’, ‘should’, ‘believe’, ‘outlook’ and similar expressions are not statements of historical fact and may be forward looking information. All statements, other than statements of historical fact, included herein are forward-looking statements.

Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks include, among others, the inherent risk of the mining industry; adverse economic and market developments; the risk that the Company will not be successful in completing additional acquisitions; risks relating to the estimation of mineral resources; the possibility that the Company’s estimated burn rate may be higher than anticipated; risks of unexpected cost increases; risks of labour shortages; risks relating to exploration and development activities; risks relating to future prices of mineral resources; risks related to work site accidents, risks related to geological uncertainties and variations; risks related to government and community support of the Company’s projects; risks related to global pandemics and other risks related to the mining industry. The Company believes that the expectations reflected in such forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking information should not be unduly relied upon. These statements speak only as of the date of this news release. The Company does not intend, and does not assume any obligation, to update any forward‐looking information except as required by law.

This document does not constitute an offer to sell, or a solicitation of an offer to buy, securities of the Company in Canada, the United States, or any other jurisdiction. Any such offer to sell or solicitation of an offer to buy the securities described herein will be made only pursuant to subscription documentation between the Company and prospective purchasers. Any such offering will be made in reliance upon exemptions from the prospectus and registration requirements under applicable securities laws, pursuant to a subscription agreement to be entered into by the Company and prospective investors.

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Homerun Resources Inc. (TSXV: HMR,OTC:HMRFF) (OTCQB: HMRFF) (‘Homerun’ or the ‘Company’) is pleased to announce that the Company has updated and signed a non-binding offtake agreement with Brasil Fotovoltaico Ltda. (‘BRFV’). Under the offtake agreement, Homerun will supply BRFV with a minimum annual volume of 180 thousand tonnes of solar glass manufactured by the Company in Belmonte, Bahia, Brazil. The initial price for the solar glass is set at USD 750 per tonne, Free on Board (FOB) the Homerun facility.

‘This updated offtake agreement aligns with the plan to have the full initial capacity of the Homerun solar glass plant covered by offtake agreements with Brazilian operators. Homerun has now announced 300 thousand tonnes of solar glass offtake and based on current ongoing discussions for increased and new offtakes, that number is expected to grow to 450 thousand tonnes which will exceed the modeled 1000 tonne per day plant capacity. This offtake process continues to confirm Homerun’s position as the go-to supplier for solar glass in Brazil. Homerun has drawn the attention of both existing and future solar module manufacturers in Brazil and upon the completion of the BFS, the Company will formalize these offtake agreements to remove market risk and to facilitate further CAPEX streams to finance the building of the facility,’ stated Armando Farhate, COO of Homerun.

This Agreement is currently non-binding and aims to outline the basic terms for the supply arrangements between the Parties. It does not create any legal obligations or liabilities for either Party. The Parties agree that binding agreements shall supersede this agreement, based on the development of the BRFV solar module facility and once the solar glass plant reaches a Bankable Feasibility Study (BFS).

The BFS process is progressing on an expedited basis:

• Abundant silica resources are proximal to the solar glass plant location and permitted for extraction and processing.
• Discussions to utilize current processing plant capacity in the Santa Maria Eterna Silica Sand District are ongoing with a current supply partner.
• Location, production plant engineering and equipment suppliers, market metrics and input cost calculations for the BFS have been completed internally by Homerun management.
• Utility suppliers and ties into the plant have been identified with infrastructure costs allocated to those utilities. Other raw materials supply has been identified and priced into the internal economic model.
• Public and private finance discussions to build the syndicate for the CAPEX (to be determined by the BFS) are ongoing including discussions with the industrial development bank of the Brazilian Government (BNDES).

Brian Leeners, CEO of Homerun stated, ‘Last year, Brazil passed Germany to move into third place for global annual installed capacity of solar modules. The vast majority of these modules came into Brazil as imports. The domestic manufacturers have worked with the Brazilian Government to support the growth of the domestic industry through the newly implemented increase in tariffs on solar module imports. That plan is working to fuel both expansion and new solar module production capacity as Brazil moves toward the Government’s goal of transitioning solar module manufacturing to a new major Brazilian vertically integrated industrial base.’

About Brasil Fotovoltaico Ltda (www.brasilfotovoltaico.com.br)

Brasil Fotovoltaico (BRFV) is a greenfield project, idealized by Si&MEx Solutions GmbH, which aims to implement the first vertically integrated industrial complex in Brazil based on Silicon 5.0 ®, from Polysilicon to Solar Modules.

About Homerun (www.homerunresources.com)

Homerun (TSXV: HMR,OTC:HMRFF) is a vertically integrated materials leader revolutionizing green energy solutions through advanced silica technologies. As an emerging force outside of China for high-purity quartz (HPQ) silica innovation, the Company controls the full industrial vertical from raw material extraction to cutting-edge solar, battery and energy storage solutions. Our dual-engine vertical integration strategy combines:

Homerun Advanced Materials

• Utilizing Homerun’s robust supply of high purity silica sand and quartz silica materials to facilitate domestic and international sales of processed silica through the development of a 120,000 tpy processing plant.
• Pioneering zero-waste thermoelectric purification and advanced materials processing technologies with University of California – Davis.

Homerun Energy Solutions

• Building Latin America’s first dedicated high-efficiency, 365,000 tpy solar glass manufacturing facility and pioneering new solar technologies based on years of experience as an industry leader in developing photovoltaic technologies with a specialization in perovskite photovoltaics.
• European leader in the marketing, distribution and sales of alternative energy solutions into the commercial and industrial segments (B2B).
• Commercializing Artificial Intelligence (AI) Energy Management and Control System Solutions (hardware and software) for energy capture, energy storage and efficient energy use.
• Partnering with U.S. Dept. of Energy/NREL on the development of the Enduring long-duration energy storage system utilizing the Company’s high-purity silica sand for industrial heat and electricity arbitrage and complementary silica purification.

With multiple profit centers built within the vertical strategy and all gaining economic advantage utilizing the Company’s HPQ silica, across, solar, battery and energy storage solutions, Homerun is positioned to capitalize on high-growth global energy transition markets. The 3-phase development plan has achieved all key milestones in a timely manner, including government partnerships, scalable logistical market access, and breakthrough IP in advanced materials processing and energy solutions.

Homerun maintains an uncompromising commitment to ESG principles, deploying the cleanest and most sustainable production technologies across all operations while benefiting the people in the communities where the Company operates. As we advance revenue generation and vertical integration in 2025, the Company continues to deliver shareholder value through strategic execution within the unstoppable global energy transition.

FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

The information contained herein contains ‘forward-looking statements’ within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be ‘forward-looking statements’.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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