TSX-V: TM | FRA: TZU2 | OTCQB: PNTZF

Trigon Metals

Exploring Copper and Silver in Africa’s Best Jurisdictions

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Trigon Metals Provides Update Regarding the Timing of the Name Change

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April 2, 2026 – Toronto, ON – Trigon Metals Inc. (TSX-V: TM, OTCPK: PNTZF) (the “Company”) announces that further to its press release dated April 1, 2026, Corporations Canada has advised the Company that due to a backlog in Corporations Canada’s system there is a delay with processing the Company’s application to complete a short-form vertical amalgamation between the Company and its wholly-owned subsidiary, Safi Silver Corp. (the “Amalgamation”) and the concurrent name change to “ Safi Silver Corp .” (the “Name Change”). The Company filed its application for the Amalgamation and the Name Change well in advance of April 1, 2026 and is disappointed in the unexpected delay. Corporations Canada has confirmed to the Company that the Amalgamation and Name Change will be effective April 1, 2026 once the applications are processed.

The Company’s common shares will not begin trading under the name “Safi Silver Corp.” and the “SF” ticker until the Amalgamation and Name Change applications are approved by Corporations Canada and the TSX Venture Exchange approves the Amalgamation and Name Change. Trigon will provide an update once the revised trading date has been established.

Trigon Metals Inc.

Trigon Metals Inc. is a publicly traded Canadian exploration and development company with a core focus on copper and silver holdings in mining-friendly African jurisdictions. In Morocco, the Company is advancing two exploration projects: Addana , which hosts silver-bearing polymetallic veins, and Silver Hill , a sedimentary copper prospect undergoing ongoing evaluation. In Namibia, Trigon holds the Kalahari Copperbelt Project.

Cautionary Notes

This news release may contain forward-looking statements. These statements include statements regarding the Amalgamation, Name Change and Ticker Change, the Company’s rebranding, the anticipated benefits of the Company’s strategic focus on its Moroccan silver projects, and the Company’s future plans and objectives. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statements or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements, except as required by applicable laws.

Neither 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.

For further information, contact Tom Panoulias, VP Corporate Development:
+1 (647) 276-6002 x 1127
IR@trigonmetals.com
Website: www.trigonmetals.com

Trigon Metals Announces Name Change to Safi Silver

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April 1, 2026 – Toronto, Ontario – Trigon Metals Inc. (TSX-V: TM, OTCPK: PNTZF, FRA: TZU) (the “Company”) is pleased to announce that the Company has completed a short-form vertical amalgamation with its wholly-owned subsidiary, Safi Silver Corp., effective April 1, 2026 (the “Amalgamation”). In connection with the Amalgamation, the Company has changed its name to “ Safi Silver Corp .” (the “Name Change”), subject to final acceptance of the TSX Venture Exchange (the “TSXV”).

The Company’s trading symbol on the TSXV will also change to “ SF ” (the “Ticker Change”) and the Company’s trading symbols on the OTC Markets (OTC Pink) and Frankfurt Stock Exchange (FSE) will remain unchanged. The Company’s common shares will begin trading under the name “Safi Silver Corp.” and the “SF” ticker, effective April 6, 2026.

The Amalgamation was undertaken to simplify the corporate structure of the Company and to reduce administrative costs.

No securities of the Company will be issued in connection with the Amalgamation and the Company’s share capital will remain unchanged. There will not be a consolidation of the Company’s common shares in connection with the Amalgamation and the Name Change. All of the issued and outstanding shares of the subsidiary will be cancelled, and the assets, liabilities and obligations of the subsidiary will be assumed by the Company. The Amalgamation will not have any significant effect on the business and operations of the Company, and the common shares of the company will continue to be listed on the TSXV.

Pursuant to the Name Change, no action will be required by existing shareholders nor will any certificates representing common shares of the Company be affected or need to be exchanged. A new CUSIP number, 78657T108, has been obtained to replace the previous CUSIP number. The Company encourages any shareholder with any questions or concerns to discuss any of the foregoing with their broker or agent.

The Amalgamation, Name Change and Ticker Change were approved by the Company’s board of directors and the Name Change was previously approved by shareholders of the Company, including disinterested shareholders. Concurrent with the Amalgamation and Name Change, the Company filed articles of amendment, effective April 1, 2026, with Corporations Canada.

In connection with the Name Change, the Company has launched its new website, www.safisilver.com .

Trigon Metals Inc.

Trigon Metals Inc. is a publicly traded Canadian exploration and development company with a core focus on copper and silver holdings in mining-friendly African jurisdictions. In Morocco, the Company is advancing two exploration projects: Addana , which hosts silver-bearing polymetallic veins, and Silver Hill , a sedimentary copper prospect undergoing ongoing evaluation. In Namibia, Trigon holds the Kalahari Copperbelt Project.

Cautionary Notes

This news release may contain forward-looking statements. These statements include statements regarding the Amalgamation, Name Change and Ticker Change, the Company’s rebranding, the anticipated benefits of the Company’s strategic focus on its Moroccan silver projects, and the Company’s future plans and objectives. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statements or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements, except as required by applicable laws.

Neither 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.

+1 (647) 276-6002 x 1127
IR@trigonmetals.com
Website: www.trigonmetals.com

Trigon Metals Announces Receipt of First Horizon Payment

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March 31, 2026 – Toronto, Ontario – Trigon Metals Inc. (TSX-V: TM; OTCPK: PNTZF) (“ Trigon” or the “Company” ) is pleased to announce that it has received the first scheduled quarterly payment pursuant to the sale of its interest in the Kombat Mine and associated assets to Kamino Minerals Limited and Horizon Corporation Limited (the “Transaction”)in advance of the April 4, 2026 deadline. This payment marks the initial installment under the structured consideration framework outlined in prior Company disclosures (see press release dated December 23, 2025).

Under the terms of the Transaction, Trigon is to receive a series of eight quarterly payments over the agreed schedule, providing the Company with a steady, non-dilutive source of funding. In addition to these fixed payments, Trigon is expected to receive performance-based royalties and bonuses upon the successful restart of production at the Kombat Mine, further aligning long-term value creation with operational milestones.

Horizon Payment Schedule

Milestone/InstallmentExpected TimingPayment Amount
First InstallmentApril 4, 2026US$3M (1/8 of total)
Installments 2-8Every 3 months thereafterUS$3M each (Total: 8 installments)
Additional Payments*Dependent on copper price/mill expansionUS$3.5M – US$13M (Contingent)
Royalty PaymentsOnce production resumes1% Cu Net Smelter Return royalty for 20 quarters following restart

* An additional follow-on bonus payment is required to be made by Horizon when underground production at the New Horizon Mine (formerly the Kombat Mine) achieves ore production and processing of ore containing 4,500t of contained copper over a 90-day period. The Production Payment amount will be between US$3,500,000 and US$13,000,000 and will be dependent on the price of copper.

LME 3-month Cu price (USD/Tonne) at the close on the LME on the date preceding the Sprott trigger date<9000($4.08/lb)9,000<10,000($4.08/lb-$4.54/lb)>10,000($4.54/lb)>15,000($6.80/lb)
Payment to the Company on the Copper Stream Step-Down DateUS$3,5 MUS$8MUS$13MN/A
Payment to the Company on mill expansion to 1,500 tpd000US$8M
Payment to the Company on 1 st anniversary of mill expansion to 1,500 tpd (expedited scenario)000US$5M

Jed Richardson, President and CEO of Trigon Metals, commented:

“The steady stream of capital from the sale of our interest in the Kombat Mine, provides non-dilutive financing for our Moroccan exploration. We are looking forward to the first results out of our district-scale silver-polymetallic Addana Project. We have completed camp set up and access is cleared to drilling sites at Addana. Geosond is on site with a drill rig, and we are excited to begin unlocking the potential of our highly prospective land package, as we pivot from Trigon Metals to Safi Silver.”

The Addana Project is situated within a geologically prospective region known for hosting significant polymetallic mineralization, including silver, copper, and associated metals. The current drilling campaign is designed to test priority targets identified through historical data compilation and recent fieldwork.

Trigon remains focused on disciplined capital allocation and value creation as it advances its Moroccan portfolio.

Qualified Person

Qualified Person The scientific and technical information in this release has been reviewed and approved by Dr. Andreas Rompel, Pr.Sci.Nat. (400274/04), FSAIMM, the Company’s “qualified person” as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Dr. Rompel is Trigon’s Chief Exploration Officer and is not considered to be independent of the Company.

Trigon Metals Inc.

Trigon Metals Inc. is a publicly traded Canadian exploration and development company with a core focus on copper and silver holdings in mining-friendly African jurisdictions. In Morocco, the Company is advancing two exploration projects: Addana , which hosts silver-bearing polymetallic veins, and Silver Hill , a sedimentary copper prospect undergoing ongoing evaluation. In Namibia, Trigon holds the Kalahari Copperbelt Project.

Cautionary Notes

This news release may contain forward-looking statements. These statements include statements regarding the timing and receipt of future payments from Horizon, the potential receipt of bonus payments tied to production at the Kombat Mine, the Company’s exploration plans at the Addana Project, the anticipated benefits of the Company’s strategic focus on its Moroccan silver projects, and the Company’s future plans and objectives. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statements or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements, except as required by applicable laws.

Neither 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.

For further information, contact Tom Panoulias, VP Corporate Development:
+1 (647) 276-6002 x 1127
IR@trigonmetals.com
Website: www.trigonmetals.com

Trigon Metals Announces Filing of Q1 Financial Results

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TORONTO, August 29, 2025 —Trigon Metals Inc. (TSX-V: TM, OTCPK: PNTZF) (“Trigon” or the “Company”) is pleased to announce that it has filed its condensed consolidated interim financial statements and management’s discussion and analysis (“MD&A”) for the three-month period ended June 30, 2025.

Details of the financial results, the Q1 financial statement and management discussion and analysis (“MD&A”) are available under the Company’s profile on SEDAR+ at www.sedarplus.ca and at www.trigonmetals.com .

Trigon Metals Inc.

Trigon Metals Inc. is a publicly trading Canadian exploration and development company with a its core focus on copper and silver holdings in mining-friendly African jurisdictions. The Company holds the Kalahari Copperbelt Project in Namibia. In Morocco, the company is advancing two exploration projects; Addana, which hosts silver-bearing veins along with other metals, and Silver Hill, a sedimentary copper prospect that has already undergone drilling.

Cautionary Notes
This news release may contain forward-looking statements. These statements include statements regarding the financial results of the Company, the Company’s strategies and the Company’s abilities to execute such strategies, and the Company’s future plans and objectives. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statements or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements, except as required by applicable laws.

Neither 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.

For further information, contact Tom Panoulias, VP Corporate Development:
1(647)276-6002 ext. 1127
IR@trigonmetals.com
Website: www.trigonmetals.com

Trigon Metals Announces Management and Board Appointments

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TORONTO, Sept. 27, 2018 — Trigon Metals Inc. (TSX-V: TM) (“Trigon” or the “Company”) announces the appointment of Jed Richardson as President and as a director of Trigon, effective immediately.  Stephan Theron will continue as Trigon’s Chief Executive Officer.Jed Richardson brings considerable expertise to the Trigon management team and its board of directors, particularly with his career in capital markets and his background in the exploration and resource development as CEO of Great Quest Fertilizer, active in West Africa, and formerly as an executive at Amazon Mining developing resource assets in Brazil. Mr. Richardson spent a large portion of his career in capital markets working as a research analyst at Sprott Securities and RBC Capital Markets.  He also worked as a Mining Engineer for Alcan Aluminum after graduating from the University of Toronto. Mr. Richardson holds a B.A.Sc in Mineral and Geological Engineering.Mr. Richardson commented: “Trigon seeks to build on the success of its mine restart feasibility study which showed a start-up capital investment of US$6.4 million generating an IRR of 103.4% with a payback period of 1.6 years. The Company has identified new drill targets seeking to increase the mine life from surface mineralization as well as reviewing options to dewater the Asis Far West production shaft to access underground material that has been historically higher grade.” Trigon also announces the appointment of Larisa Sprott to its board of directors and Andrew Cheatle as Vice President, Exploration, each effective immediately.Ms. Sprott has spent much of her life around the investment business and the investment side of the natural resource sector. She currently serves as the President of Sprott Money, an online retailer of gold, silver and platinum bullion to investors and collectors. Prior, she worked as an investment advisor with Sprott Asset Management, and her work history includes experience in Public Relations with Toronto based firm DKPR. Amongst a list of charitable work, she is on the Board of Directors for the Sprott Foundation. Ms. Sprott holds a Master’s of Science in Education.Mr. Cheatle has over 25 years of minerals industry experience as a professional geoscientist and mining executive, with former roles including President and CEO of Unigold Inc., and as the Executive Director of the Prospectors and Developers Association of Canada (PDAC). His career has spanned both major mining companies (Anglo American Corporation, Placer Dome, Goldcorp) and the junior mining sector. He is also currently a Non-Executive Director of Condor Gold plc., Q-Gold Resources Ltd. and a Director of the Canada – Africa Chamber of Business. He is a graduate of the Royal School of Mines, Imperial College, London and holds an MBA.The appointment of Ms. Sprott follows the resignation of Justin Reid from the Company’s board of directors.  The board and management of Trigon thank Mr. Reid for his efforts and contributions and wish him well in his future endeavours.Qualified PersonThe technical and scientific contents of this press release have been prepared under the supervision of and have been reviewed and approved by Fanie Muller, P.Eng, VP Operations of Trigon, who is a Qualified Person as defined by NI 43-101. Trigon Metals Inc.Trigon is a publicly traded Canadian exploration and development company with its core business focused on copper operations in Namibia, one of the world’s most prospective copper regions, where it has substantial assets in place. The Company continues to hold an 80% interest in five mining licenses in the Otavi Mountain lands, an area of Namibia widely recognized for its high-grade copper deposits. Within these licenses are three past producing mines including the Company’s flagship property, the Kombat Mine.  For more information please see the technical report filed on July 20, 2018 and titled “NI 43-101 Technical Report on the Kombat Copper Project, Namibia” with an effective date of April 30, 2018 filed under the Company’s profile on SEDAR.For further information, contact:Stephan Theron+1 (416) 861 5899stheron@trigonmetals.comCautionary NotesThis news release may contain forward-looking statements. These statements include statements regarding the impact of management and board appointments, the results of the feasibility study, the, the Company’s ability to restart the Kombat mine, the Company’s ability to increase the mine life, the mineralization of the Kombat mine and the Company’s future plans and objectives. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statements or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements, except as required by applicable laws.Neither 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.

TRIGON METALS ANNOUNCES PRIVATE PLACEMENT FINANCING AND APPOINTMENT OF MARK EATON AS CHAIRMAN

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TRIGON METALS ANNOUNCES PRIVATE PLACEMENT FINANCING AND APPOINTMENT OF MARK EATON AS CHAIRMAN

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
Toronto, Canada – July 19, 2017 – Trigon Metals Inc. (TSX-V: TM) (“Trigon” or the “Company”) intends to complete a non-brokered private placement financing of up to 3,333,333 units (the “Units”) at a price of $0.30 per Unit for gross proceeds of up to $1,000,000 (the “Offering”).  Each Unit will be comprised of one common share of Trigon (a “Share”) and one half of one common share purchase warrant (each whole warrant, a “Warrant”).  Each Warrant will entitle the holder thereof to acquire one Share at a price of $0.40 for a period of 36 months following the closing date of the Offering.

Closing of the Offering is expected to occur on or about August 2, 2017 and remains subject to a number of conditions, including receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange.

The Company intends to use the net proceeds from the Offering for exploration and development of the Kombat Mine, and for working capital and general corporate purposes.  Trigon is also evaluating opportunities to partner with a strategic investor and copper concentrate offtaker, as a potential funding source for the required operational restart capital.


Corporate Update

The Company announces the resignation of Brett Richards from the board of directors of the Company and the appointment of Mark Eaton as a director and Chairman of the board, effective immediately.  In addition, Paul Bozoki has resigned as Chief Financial Officer of the Company and will be replaced by Stephen Woodhead with effect from August 1, 2017.   Mr. Eaton will participate in the Offering. Stephan Theron, President & CEO of Trigon, commented: “We are extremely pleased to welcome Mr. Eaton to the board and Mr. Woodhead to the management team. Mark brings extensive experience in the mining sector and capital markets to the team at a critical juncture as we are aiming to restart the Kombat mine in the near future.”

Mr. Eaton is a graduate from Hull University, England and is an experienced investment professional with over 20 years of experience in equity capital markets specializing in the resource sector. He has held the position of Managing Director of Global Mining Sales, a division of CIBC World Markets and Manager of US Equity Sales for CIBC World Markets. Mr. Eaton is also a former Partner and Director of Loewen Ondaatje McCutcheon Ltd., a Toronto-based investment dealer. In addition to his experience in institutional mine finance and investment banking, Mr. Eaton has served in management and on the Boards of several public mining companies. Mr. Eaton is the current Executive Chairman and the former Chief Executive Officer of Belo Sun Mining Corp.

Mr. Woodhead is a graduate of the University of Cape Town and a member of the South African Institute of Chartered Accountants. Mr. Woodhead has over 25 years of experience having worked for the South African Department of Finance and Trans Hex Group, a South African diamond producer, before relocating to Canada in 1997 as Chief Financial Officer of Trans Hex International. From 2003 until it was acquired by Yamana Gold in 2006, Mr. Woodhead was the Chief Financial Officer of Desert Sun Mining, developer of the Jacobina gold mine in Brazil, and in 2011 and 2012 was Chief Financial officer of Crocodile Gold Corp. Mr. Woodhead has also acted as Chief Financial Officer of Admiral Bay Resources (oil and gas), Beartooth Platinum (platinum group metals), Longford (oil and gas), Aberdeen International (royalty), Sanatana Diamonds (diamonds) and Homeland Energy (coal); as Vice President, Finance of Glass Earth (gold) and Luiri Gold (gold); and has served as a director of Apogee Minerals (silver) and Vaaldiam Mining (diamonds).

The board of directors would like to thank Mr. Richards and Mr. Bozoki for their contributions to Trigon and welcomes Mr. Eaton and Mr. Woodhead to the Company.

Trigon has granted a total of 675,000 stock options to certain officers, directors and consultants of the Company pursuant to the Company’s stock option plan. The stock options vest immediately and may be exercised at a price of $0.385 per option for a period of five years from the date of grant. This grant of options is subject to the approval of the TSX Venture Exchange.

Trigon Metals Inc.

Trigon is a publicly traded Canadian exploration and development company with its core operations focused on copper resources in Namibia, one of the world’s most prospective copper regions, where it has substantial assets in place with significant upside. The Company continues to hold an 80% interest in five mining licences in the Otavi Mountain lands, an area of Namibia particularly known for its high-grade copper deposits. Within these licences are three past producing mines including the Company’s flagship property, the Kombat Mine.

 For further information, contact:

Spyros Karellas

Investor Relations +1 (416) 433-5696

Email: spyros@pinnaclecapitalmarkets.ca

 Website: www.trigonmetals.com

Cautionary Notes

Neither 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.

This news release may contain forward-looking statements. These statements include statements regarding the Offering, the expected use of proceeds of the Offering, the impact of changes to the Company’s board of directors and management team, the grant of stock options, the Company’s ability to partner with third parties and the Company’s future plans and objectives. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statements or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements, except as required by applicable laws.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.