trigonmetals

TORONTO– March 5, 2026 – Trigon Metals Inc. (TSX-V: TM, OTCPK: PNTZF) (“Trigon” or the “Company”) is pleased to announce the voting results from its Annual General and Special Meeting of Shareholders (the “Meeting”) held earlier today.

At the Meeting, shareholders approved all matters brought before them.

Name Change

Shareholders approved a special resolution authorizing the Company to change its name to Safi Silver Corp. to reflect its renewed focus on polymetallic silver exploration projects in Morocco following the successful divestiture of its ownership interests in the Kombat Mine in Namibia.

The Company intends to complete the name change and will announce the effective date in due course. Upon completion, the Company’s common shares are expected to commence trading under the ticker symbol “SF” on the TSX Venture Exchange, subject to final exchange approval.

Election of Directors

Shareholders approved the re-election of all management nominees to the board of directors of the Company to hold office until the next annual meeting of shareholders or until their successors are elected or appointed:

• Daye Kaba
• Noureddine Mokaddem
• Gabriel Olivier
• Jed Richardson
• Grant Sboros
• Larisa Sprott

Stock Option Plan and Restricted Share Unit & Deferred Unit Plan

Shareholders also approved the Company’s stock option plan and the restricted share unit and deferred unit plan, authorizing the issuance of stock options in accordance with the policies of the TSX Venture Exchange. The plan is designed to attract, retain and motivate directors, officers, employees and consultants by providing them with the opportunity to participate in the long-term success 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 Meeting, statements regarding the completion and timing of the proposed name change, receipt of final approval from the TSX Venture Exchange, 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.

Contacts

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

TORONTO, ON – MARCH 3, 2026 – Trigon Metals Inc. (TSX-V: TM; OTCPK: PNTZF) (“Trigon” or the “Company”) announces that its inaugural exploration drilling campaign at the Addana Project (“Addana” or the “Project”) in southern Morocco has been mobilized. The program follows the planned work outlined in the Company’s press release dated October 22, 2025.

Highlights

• Twelve (12) diamond drill holes planned for up to 2,100 metres in total
• Target depth per hole: 150–200 metres
• GeoSond Maroc contracted to conduct the drilling
• Core shack to be built and field team identified
• Five holes planned at Antenna Hill and seven holes at Addana Southwest

The Addana Project comprises seven exclusive prospecting permits covering approximately 112 km² in the Addana Mountains, within the province of Tata in southern Morocco. Located near Akka, roughly 300 km southeast of Agadir, the Project is easily accessible via the Agadir–Tata highway and benefits from established local infrastructure. Addana was selected as Trigon’s flagship Moroccan project due to its potential for near-surface, high-grade silver-lead polymetallic mineralization, supported by historic artisanal mining and extensive surface sampling.

Dr. Andreas Rompel, Chief Exploration Officer of Trigon Metals, commented:

“We are excited to turn the conceptual potential of Addana into real drill results. The structural setting and vein geometry suggest there is room to expand vertically and laterally, and this initial drilling campaign is designed to deliver key vectoring information and confidence in continuity at depth.”

Morocco continues to strengthen its position as a mining-friendly jurisdiction with modern infrastructure, clear regulatory frameworks, and a growing profile in precious metals. As global silver prices remain robust, driven by industrial and energy-transition demand, Addana is well-positioned within a region that hosts Africa’s largest silver mine and is emerging as a key destination for new silver discoveries.

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 exploration drilling at the Addana Project, the prospectivity and mineralization at the Addana Project, the Company’s strategies and the Company’s abilities to execute such strategies, the Company’s expectations for the Addana Project, 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
tom.panoulias@trigonmetals.com
Website: www.trigonmetals.com

Toronto – January 22, 2026 – Trigon Metals Inc. (TSX-V: TM; OTCQB: PNTZF) (“ Trigon ” or the “ Company ”) announces March 5, 2026 as the date of its Annual General Meeting (“ AGM ”) of the Trigon shareholders where a vote will be taken to change the name of the Company to Safi Silver Corp., marking Trigon’s transition to its next phase as a focused, well-capitalized silver and base metal exploration in Morocco. Trigon also announces management and leadership updates and its intention to reprice warrants and the adoption of a restricted share unit and deferred share unit plan.

2026 Annual General Meeting of Shareholders

The Company announces that it will be holding its annual general and special meeting of common shareholders on Thursday, March 5, 2026, at 10:00 a.m. ET (the “ Meeting ”) to, among other matters, vote on the proposed name change of the Company to Safi Silver Corp.

Name Change to Safi Silver

The Company intends to change its name to Safi Silver to reflect its new focus on polymetallic silver exploration projects in Morocco following the successful divestiture of its ownership interests in the Kombat Mine in Namibia. The name change is one of the resolutions on the agenda at the upcoming AGM and is subject to approval of the TSX Venture Exchange (“ TSXV ”). Additional information concerning the name change will be included in a management information circular to be mailed to Trigon shareholders.

Commenting, Jed Richardson Executive Chairman said, “The name Safi, can be translated from Arabic as clear, pure, or unblemished, a fitting name change given our new focus on Morocco, and shift from copper to silver. Following the sale of the Kombat Mine, this marked transition brings an inflow of US$24M from the sale of the mine, plus a potential US$13M in bonuses and more in royalties.”

Management Changes

With the completion of the Horizon transaction and the divestiture of Trigon’s Kombat-related assets (see press release dated December 23, 2025), the Company’s former operational management personnel based in Namibia is no longer affiliated with Trigon. As Trigon transitions to exploration, its strategic and operational priorities are now centered on advancing its silver exploration licences in Morocco. Trigon remains focused on advancing its exploration portfolio and creating long-term shareholder value through technical excellence, disciplined capital allocation, and strong governance.

The following management structure reflects this refined focus and clarifies leadership roles aligned with Trigon’s exploration-led strategy going forward.

Effective immediately, Jed Richardson has resumed the role of President of Trigon Metals . Mr. Richardson has a fifteen-year history, assessing projects in Morocco and building relationships culminating in the Addana and Silver Hill Projects. Prior to his career in junior mining development, Mr. Richardson worked in equity research focused on silver companies and was instrumental in the advancement of some of today’s leading silver companies.

As part of Trigon’s renewed exploration focus, the Company is pleased to announce that Dr. Andreas Rompel has transitioned from Vice President, Exploration to Chief Exploration Officer . Dr. Rompel brings more than 35 years of international exploration experience and deep technical expertise in mineral systems analysis, exploration strategy, and project evaluation, having started his mining career on the African continent with Anglo American in 1988. Since joining Trigon, Dr. Rompel has been instrumental in shaping the Company’s exploration approach and advancing its Moroccan asset base. In his expanded role, he will continue to lead exploration strategy across Trigon’s portfolio.

In connection to the transition, the Company also announced that Mr. Rennie Morkel departs his role as President of Trigon and will continue with Horizon Corporation in his leadership role at the New Horizon Mine . Mr. Morkel played a central role in overseeing operations during a pivotal period for Trigon and in supporting the successful execution of the Horizon transaction. The Company thanks Mr. Morkel for his contributions and wishes him continued success with Horizon.

In addition, Mr. Fanie Müller has departed his role as Vice President, Operations at Trigon. The Company thanks Mr. Müller for his service and operational contributions during his tenure with Trigon.

The announced leadership updates reflect a natural evolution for Trigon following the successful completion of the Horizon transaction. The Company is entering its next chapter with a strong technical and financial leadership team in place. The management and directors of Trigon Metals wish to thank Rennie and Fanie for their contributions and wish them continued success in their careers.

Intention to Reprice Warrants

The Company also announces its intention to amend the exercise price of 2,500,000 common share purchase warrants (the “ Warrants ”) that were issued pursuant to the Company’s private placement of units that closed on July 12, 2023 (please see the Company’s July 12, 2023, press release for further details). Each Warrant is currently exercisable to purchase one common share of the Company at a price of $1.50 until July 12, 2026. Following the proposed amendments, each Warrant will have an exercise price of $0.50. All other terms and conditions of the Warrants remain the same. The amended Warrant terms are subject to the approval of the TSX-V.

RSU/DSU Plan

The Company has adopted a restricted share unit and deferred unit plan (the “ RSU/DSU Plan ”). The aggregate number of Trigon common shares that are reserved for issuance under the plan is 5,500,000 Trigon shares. Further details regarding the RSU/DSU Plan will be included in the management information circular of the Company which will be sent to shareholders and filed on SEDAR+ in connection with the Meeting.

Trigon Metals Inc.

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

Cautionary Notes

This news release may contain forward-looking statements. These statements include statements regarding the Company’s post-transaction leadership and management structure, the anticipated benefits of the management changes, the Meeting and the expected voting results, the Company’s strategies following the completion of the Horizon transaction, including in respect of the Addana Project, the Company’s ability to execute such strategies, the Company’s ability to advance and unlock the value of the Addana Project and other exploration assets, the expected contributions of management and technical personnel, the Amendment of the Warrants 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 Exchange and applicable Canadian securities regulators. 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

TORONTO, ON – December 23, 2025 –  Trigon Metals Inc. (TSX-V: TM; OTCPK: PNZTF) (“ Trigon ” or the “ Company ”) is pleased to announce that it has completed the previously announced transaction (the “ Transaction ”) with Kamino Minerals Limited (the “ Purchaser ”) and Horizon Corporation Limited (“ Horizon ”), an affiliate of the Purchaser, for the sale of Trigon’s interest in the Kombat Mine and associated assets to the Purchaser. The Transaction was completed pursuant to a share purchase agreement (the “ Share Purchase Agreement ”) dated May 27, 2025 among Trigon, the Purchaser and Horizon. Please refer to the Company’s press release dated May 29, 2025 for further details in respect of the Transaction.

This closing marks the culmination of a comprehensive process that included the signing of a definitive agreement, receipt of the required regulatory and shareholder approvals, and the satisfaction of customary closing conditions. With this Transaction now finalized, Trigon has successfully transitioned ownership of the Kombat Mine to the Purchaser, which will assume full operational control and management of the asset moving forward.

The completion of this sale significantly strengthens Trigon’s balance sheet and positions the Company to advance exploration and development work at its Addana Project in Morocco (the “Addana Project” ). Proceeds from the sale ensure that the Company is fully funded for an aggressive exploration program designed to unlock the value of the Addana Project’s promising silver potential. The Transaction remains subject to the final approval of the TSX Venture Exchange (the “ Exchange ”).

Jed Richardson, CEO and Executive Chairman of Trigon, commented: “This transaction marks an exciting new chapter for Trigon. By completing the sale of the Kombat Mine, we are now fully funded to focus our efforts on the Addana Project, a highly prospective silver asset in Morocco that we believe will define the Company’s next phase of growth. I want to thank all parties involved in bringing this transaction to a successful close for their professionalism and commitment. We also extend our sincere appreciation and best wishes to all former Trigon employees and personnel who will continue at the Kombat Mine under Horizon’s management. We remain proud of what we accomplished together at Kombat and look forward to watching its continued success.”

Transaction Structure

The Transaction involved an acquisition by the Purchaser, an affiliate of Horizon, of: (a) 100% of the shares in Kombat Streamco Corp., a newly-formed subsidiary of the Company formed for the purposes of the Transaction (“ Trigon Ontario ”); and (b) 100% of the shares in PNT Financeco Corp. (“ PNT ”), the holding company of the Company’s Namibian assets; and (c) an intercompany loan owing by PNT to Trigon (the “ PNT Loan ”) in the amount of $57,560,875.

Consideration

The Purchaser will pay to Trigon a total purchase consideration of US$24,000,000 in cash (the “ Cash Consideration ”) for the Transaction comprising: (a) US$1.00 for the shares in Trigon Ontario; and (b) US$23,999,999 for the shares in PNT and the PNT Loan, subject to a purchase price adjustment for outstanding liabilities owing to IXM S.A. and Sprott on closing (the “ Purchase Price Adjustment ”). The Cash Consideration will be settled in eight equal instalments, with the first instalment payable on April 4, 2026. The seven remaining instalments will be payable every three months from the date of the first instalment. The Purchase Price Adjustment is equal to the aggregate of (a) all amounts payable to Sprott under the Sprott Stream (as defined below) as of the closing date, (b) the amounts owing to IXM S.A. on the closing date under the contract of sale agreement dated November 16, 2021 between IXM S.A. and Trigon Namibia and (c) the balance on the closing date of amounts owed by Trigon to IXM S.A. in respect of a cash advance previously made by IXM S.A. to Trigon. The Purchase Price Adjustment shall be applied equally to the first four instalment payments of the Cash Consideration. In addition, the eighth and final instalment payment shall be reduced by and settled against a portion of the Remaining Horizon Loan (as defined below), as further detailed below.

In addition, the Purchaser will make an additional cash payment (the “ Production Payment ”) to Trigon thirty days following the first date upon which the underground operations of 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.

As further consideration, Trigon was granted a royalty on the Project from Trigon Mining (Namibia) (Pty) Ltd, the registered owner of the Project, of 1.0% of copper net smelter returns on a per invoice basis, payable if the invoiced copper price on final invoicing is greater than $4.00 per pound (the “ Royalty ”) for up to 20 quarters with eight allowable deferrals. The Royalty is to be paid exclusively from Horizon’s equity ownership. Payments under the Royalty will commence once the Project achieves copper metal production of 1,000 tonnes for each of two consecutive calendar months.

As additional consideration, the amount payable by the Company to Horizon pursuant to a loan agreement, between Trigon and Horizon dated December 12, 2024, as amended (the “ Horizon Loan ”), shall be reduced by US$3,975,494, as further detailed below.

Under the Share Purchase Agreement, if the Purchaser defaults on any payment to the Company, following a specified cure period, the Company shall have the right to reacquire the shares of Trigon Ontario and PNT for nominal consideration, and the Purchaser is required to pay to the Company US$300,000 in penalties.

Pre-Closing Reorganization

Pursuant to the Share Purchase Agreement, prior to closing of the Transaction, the Company completed, among others, the following steps:

• the Company transferred to Trigon Ontario all of Trigon’s rights and obligations under Trigon’s stream agreement (the “ Sprott Stream ”) with Sprott Private Resource Streaming and Royalty (B) Corp. and Sprott Mining Inc. (collectively, “ Sprott ”) and the Company was released from all security and guarantees under the Sprott Stream; and
• PNT transferred to Trigon 100% of its interest in Copperbelt Mineral Exploration (Pty) Ltd.

The Horizon Loan and Additional Loan

Prior to the closing of the Transaction, Horizon advanced loans to the Company in an aggregate amount of US$10,066,999 (inclusive of interest) pursuant to the Horizon Loan. Pursuant to the Share Purchase Agreement, the amount payable by the Company to Horizon under the Horizon Loan has been reduced to US$2,436,769 (inclusive of accrued interest as of the closing date) (the “ Remaining Horizon Loan ”). The Remaining Horizon Loan is comprised of an amount equal to US$1,036,769 in principal (inclusive of accrued interest) (the “ Non-Project Loan Amount ”) and an amount equal to US$1,400,000 in principal (inclusive of accrued interest) (the “ Additional Loan Amount ”). The Horizon Loan reduction included an amount equal to US$3,065,230 (inclusive of accrued interest) referred to as the “Project Loan Amount” in the Share Purchase Agreement.

The Remaining Horizon Loan bears interest at 15% per annum. The Non-Project Loan Amount matures on December 23, 2026, provided that, if a Production Payment becomes payable by Horizon to the Company pursuant to the SPA prior to such maturity date, the outstanding Non-Project Loan Amount as of such date shall be applied and settled against the Production Payment. The Additional Loan Amount shall mature on the date of payment of the eighth instalment of the Cash Consideration and shall be applied and settled against such instalment payment. The Remaining Horizon Loan is secured by a general security agreement over all the property, assets and undertakings of the Company.

Conditions Precedent

Prior to closing, the Company satisfied all conditions precedent to closing of the Transaction pursuant to the Share Purchase Agreement, including, among others, obtaining approval of its shareholders, approval of the Namibian Competition Commission, consent of Sprott and conditional approval of the Exchange.

Finder’s Fees

On September 1, 2024, the Company entered into a finder agreement with Brightmind Ventures Limited (“ Brightmind ”) (the “ Finder Agreement ”) pursuant to which Brightmind was engaged to identify and source parties interested in participating in equity financings of the Company. Pursuant to the terms of the Finder Agreement, completion of the Transaction triggered a cash fee to be paid by the Company to Brightmind in the aggregate amount of approximately US$720,000 (the “ Finder Fee ”), assuming all instalment payments are received by the Company following closing of the Transaction. Due to the deferred nature of the instalment payments, pursuant to the Finder Agreement, the Company shall pay the Finder Fee to Brightmind in five instalments, with the first instalment payable on April 4, 2026 in the amount of US$173,550.72 and the remaining four instalments payable every three months thereafter in the amounts of US$149,999.99, US$149,999.99, US$149,999.99 and US$96,449.30, respectively. Brightmind is an arm’s length party to the Company, Horizon, the Purchaser and their associates and affiliates.

Trigon Metals Inc.

Trigon Metals Inc. is a publicly-trading Canadian exploration and development company with 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 transaction with Horizon, the integration of operations, the anticipated benefits of the Transaction, the Company’s strategies following the Transaction, including in respect of the Addana Project, and the Company’s abilities to execute such strategies, ability of the Company to unlock the value of the Addana Project, the Company’s future plans and objectives, final approval of the Exchange of the Transaction, payment by the Purchaser of instalment of the Cash Consideration and timing thereof, amount of the Purchase Price Adjustment, payment and timing of the Production Payment, payments under the Royalty, the Purchaser making the payments required under the Share Purchase Agreement, the offset of Non-Project Loan Amount against the Production Payment, the offset of Additional Loan Amount against the eighth instalment payment and whether it will elect to pay penalties and return shares of Trigon Ontario and PNT in lieu of such payments, and the Company’s ability to repay the Remaining Horizon Loan. 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 Exchange and applicable Canadian securities regulators. 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

TORONTO — October 28, 2025 — Trigon Metals Inc. (TSX-V: TM; OTCPK: PNZTF ) (“Trigon” or the “Company”) is pleased to announce the appointment of Noureddine Mokaddem to its board of directors, effective immediately. Mr. Mokaddem is an experienced professional in the mining industry and international development, he offers a strong local presence as the Company works to build shareholder value around the Moroccan exploration portfolio. Mr. Mokaddem’s appointment is subject to approval of the TSX Venture Exchange.

Noureddine Mokaddem

Mr. Mokaddem brings extensive experience, of 42 years, from his leadership roles across several private and publicly traded companies in Africa, Europe and North America. He currently serves on the boards of LSL Pharma Group and Abcourt Mines Inc. His previous roles include serving as founder, president and chief executive officer & chairman of the board of directors of Maya Gold & Silver Inc. (now Aya Gold & Silver) from 2010 to 2020.

Jed Richardson, Executive Chairman and CEO of Trigon Metals, commented: “ We are honoured to welcome Noureddine to the board of directors. His deep understanding of the mining sector and extensive connections in the mining industry and throughout Morocco will be pivotal as we commence exploration at Addana. Mokaddem is recognised as an experienced architect of large existing mines in Morocco and abroad. His insight and expertise will strengthen our governance and help guide Trigon through this next exciting phase of growth.”

Noureddine Mokaddem, Director of Trigon Metals, added: “I have known Jed for almost 16 years, regularly meeting to discuss the positive development of the mining sector in Morocco. I was pleased when he asked for my support in developing the Addana project, which has been a historic artisanal mining area that has been an area of interest for me for decades. I am confident that together we can develop this area for the benefit of the mining sector in Morocco and Trigon Shareholders.”

Trigon Metals Inc.
Trigon Metals Inc. is a publicly-trading Canadian exploration and development company with 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 Company’s strategies, board of director appointments 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

TORONTO — October 22, 2025 —Trigon Metals Inc. (TSX-V: TM; OTCPK: PNTZF) (“Trigon” or the “Company”) is pleased to announce the launch of its inaugural drill program at its flagship Addana Project (“Addana” or the “Project”) in southern Morocco. The campaign is planned to commence before the end of the month, targeting structurally controlled silver-lead polymetallic vein systems across the Company’s 112 km² permit package in the Addana Mountains.

Highlights

• Twelve (12) planned drill holes to be completed up to 2,000 drilled metres
• Target depth per hole: 150–200 m
• Geasond Maroc contracted to conduct initial drilling program
• Core shack secured and team hired (including core lodgers and geologists)

Project Description

The Addana Project comprises seven exclusive prospecting permits covering approximately 112 km² in the Addana Mountains, within the province of Tata in southern Morocco. Located near Akka, roughly 300 km southeast of Agadir, the Project is easily accessible by the Agadir–Tata highway and benefits from well-developed local infrastructure. Addana was selected as Trigon’s flagship Moroccan project due to its potential for near-surface, high-grade polymetallic mineralization, which is supported by historic artisanal mining and extensive surface sampling.

Figure 1: Location of Addana Project in Morocco. 

Geology

Geologically, Addana lies within the Bani Group of Ordovician quartzites and schists, folded into a broad anticline forming the Addana Range. Mineralization occurs as a network of silver-lead veins, often with zinc and copper, following brittle deformation zones and quartz-carbonate vein systems. Surface mapping and trenching have revealed numerous parallel veins extending up to 2.5 km in length, with grab samples returning assays as high as 564 g/t silver, 24.8 % lead, and 5.3 % zinc. These results highlight the Project’s potential for significant, structurally controlled mineralization at depth.

Work Plan and Exploration Objectives

Trigon’s upcoming drilling program is designed to confirm continuity and grade of the mineralized veins below the shallow workings historically exploited by artisanal miners. Drill fences have been planned across key vein corridors to test both strike and depth extensions, while downhole surveys and core orientation will provide structural data essential for modelling the mineralized system. At Antenna Hill, 5 holes are expected to be drilled as well as 7 holes at Addana SW (see Figures 2 and 3.)

Each hole will be logged and split for multi-element assays including silver, lead, zinc, and copper. A comprehensive QA/QC protocol, including certified standards, blanks, and duplicates, will ensure the reliability of assay results. Geotechnical and structural logging will be fully integrated into the program design to guide future targeting. Site preparation, including access roads and drill pads, is nearing completion, with local contractors now mobilizing equipment to site.

Dr. Andreas Rompel, Chief Exploration Officer, commented:

“We are excited to turn the conceptual potential of Addana into real drill results. The structural setting and vein geometry suggest there is room to expand vertically and laterally, and this initial drilling campaign is designed to deliver key vectoring information and confidence in continuity at depth.”

Figure 2: Map of drilling targets at Antenna Hill 

Figure 3: Map of drilling targets at SW outcrop 

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 VP Exploration 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 exploration drilling at the Addana Project, the prospectivity and mineralization at the Addana Project, the Company’s strategies and the Company’s abilities to execute such strategies, the Company’s expectations for the Addana Project, 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.

Contacts

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

TORONTO, September 18, 2025 —Trigon Metals Inc. (TSX-V: TM, OTCPK: PNTZF) (“Trigon” or the “Company”) is pleased to announce that the Namibian Competition Commission (the “Competition Commission”) has granted approval, effective September 12, 2025, for the previously announced sale of the Company’s interest in the Kombat Mine and associated assets (the “Transaction”) to Horizon Corporation (“Horizon”) (Please see the Company’s press release dated May 29, 2025 for further details regarding the Transaction).

The granting of competition approval initiates the final steps towards closing the Transaction. The parties continue to work collaboratively to complete the remaining closing conditions.

Richard Tayelor, Director of Horizon Corporation, commented:

“ We are pleased to have reached this important step and thank the Competition Commission for their timely approval. Horizon is committed to working alongside Trigon and all stakeholders to ensure a smooth project expansion phase and mine restart. We look forward to unlocking the mine’s long-term potential and ensuring sustainable operations for the benefit of all parties. ”

Mr. Knowledge Katti, founding shareholder in Trigon Namibia, added:

“The approval from the Namibian Competition Commission marks a pivotal moment for the Kombat Mine, opening a new chapter of growth and opportunity. I am proud that this Transaction ensures continued community involvement through Epangelo Mining’s 10% shareholding, reinforcing our commitment to Namibia’s sustainable development. We are thrilled about the next steps to bring the mine back into operation, creating jobs for Namibians and delivering lasting benefits to the region.”

Trigon will provide further updates as the parties advance toward completion of the Transaction. The Transaction remains subject to the final approval of the TSX Venture Exchange.

Trigon Metals Inc.

Trigon Metals Inc. is a publicly-trading Canadian exploration and development company with 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 transaction with Horizon, the integration of operations, timing of closing of the Transaction, the Company’s ability to satisfy the closing conditions of the Transaction, and anticipated benefits of the transaction, 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

TORONTO, August 19, 2025 – Trigon Metals Inc. (TSX-V: TM, OTCPK: PNTZF) (“Trigon” or the “Company”) is pleased to announce the successful completion of a drone-based aeromagnetic survey over a key area of its Kalahari Copper Project. The Company has also finalized the data processing and 3D inversion, enabling interpretation and the definition of highly prospective exploration targets which will be the focus of upcoming exploration campaigns.

The survey area was selected for its favourable stratigraphy and structure, as well as its proximity to known mineralization at the Fiesta-Fortuna Prospect (Noronex Limited), located 4 km to the east (Fig. 1). Thick Kalahari sand cover (>40 m) necessitated the use of detailed airborne geophysical surveys to identify prospective targets. Structurally, the area is dominated by two regional-scale, doubly plunging anticlines. Ellipsoidal magnetic lows are interpreted to represent tight Ngwako Pan cored anticlines, flanked by magnetically positive anomalies associated with the D’Kar Formation.

The Heimat Fold Closure lies within the same domal structure as the Fiesta-Fortuna Prospect (Noronex Ltd) but is interpreted to occur higher in the stratigraphy, within the D’Kar Formation and away from the traditionally targeted contact with the lower Ngwako Pan Formation (Fig. 2). This target is based on Trigon’s understanding of the Kalahari Copper Belt (KCB) mineralization as likely having both diagenetic and epigenetic origins. Most KCB deposits are semi-stratiform and located near the Ngwako Pan/D’Kar contact. While minor mineralization is often found along this contact, major deposits also tend to be spatially linked to regional anticlines or domes, and in some cases to second-order faulting. The exploration focus is therefore on domal features with either an exposed Ngwako Pan/D’Kar contact or with its D’Kar “roof” still intact. The Heimat Fold Closure represents one such target, with known mineralization immediately to the east (along strike). Similarly, the Bushman Dome target area, covers a large Ngwako Pan Fm cored dome immediately to the south of the Heimat Dome.

3D inversion of the magnetic data has enabled Trigon to identify the relative depth of the prospective Ngwako Pan/D’Kar contact along the hinge zone of the Heimat Dome (Fig. 3). Trigon plans to use this knowledge to guide its maiden drilling program at the Kalahari Project. Additional magnetic targets identified within this prospective zone, include cigar shaped magnetic highs, likely representing 2^nd order, parasitic folding and linear structures attributed to late Damaran age faulting and thrusting. Further interrogation of the data is underway in order to identify specific drill targets.

Jed Richardson, CEO and Executive Chairman of Trigon, commented, “Our work at the Kalahari Copper Project has now moved beyond early-stage reconnaissance to a targeted strategy based on detailed geophysics. The survey results have given us a clear picture of where the most prospective structures lie, and we’re now positioned to advance towards drilling with a high degree of confidence. This is an exciting step forward as we unlock value from a district that continues to demonstrate world-class potential.”

Dr. Andreas Rompel, VP Exploration, adds, “The geological data strongly indicate folding along an axis trending WSW. In addition, a clear contact between two significant lithologies has been identified, which delineates a compelling drill target. We are excited to advance the next phases of exploration on what we believe is a highly prospective and prolific project.”

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 VP Exploration and is not considered to be independent of the Company.

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 exploration drilling at the Kalahari Project, the prospectivity and mineralization at the Kalahari Project, the Company’s strategies and the Company’s abilities to execute such strategies, the Company’s expectations for the Kalahari Project, 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.

Contacts

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