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NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSMINATION IN THE UNITED STATES.
Saga Metals Corp. (“SAGA” or the “Firm”) (TSXV: SAGA,OTC:SAGMF) (OTCQB: SAGMF) (FSE: 20H), a North American exploration firm targeted on essential minerals, is happy to announce the closing of its beforehand introduced non-brokered personal placement pursuant to which the Firm raised combination gross proceeds of C$2,988,024.64 (the ” Providing “).
Pursuant to the Providing, the Firm issued (i) 7,100,088 flow-through frequent share models of the Firm (the ” FT Items “) at C$0.28 per FT Unit for gross proceeds of C$1,988,024.64, and (ii) 4,000,000 arduous greenback frequent share models of the Firm (the ” HD Items “, and along with the FT Items, the ” Securities “) at C$0.25 per HD Unit for gross proceeds of C$1,000,000.
Financing Overview:
Every FT Unit consists of 1 flow-through frequent share as outlined in subsection 66(15) of the Revenue Tax Act (Canada) (the ” Tax Act “), and one-half of 1 transferable frequent share buy warrant (every entire warrant, a ” Warrant “). Every Warrant will entitle its holder to buy one frequent share within the capital of the Firm (a ” Warrant Share “) at a worth of C$0.50 till October 10, 2027. The Warrant Shares underlying the FT Items won’t qualify as “flow-through shares” beneath the Tax Act.
Every HD Unit consists of 1 frequent share and one-half of 1 Warrant. Every entire Warrant will entitle its holder to buy one Warrant Share at a worth of C$0.50 till October 10, 2027.
Every of the Warrants shall be topic to the proper of the Firm to speed up the expiry date of the Warrants to a date that’s 30 days following dissemination of a information launch asserting such acceleration if, at any time, after October 10, 2025 (the ” Closing Date “), the closing worth of the Firm’s frequent shares equals or exceeds C$0.75 for a interval of ten consecutive buying and selling days on the TSX Enterprise Alternate (the ” Alternate “).
All securities issued in reference to the Providing are topic to a maintain interval of 4 months and sooner or later following the Closing Date pursuant to relevant securities legal guidelines, expiring February 11, 2026.
The Firm paid money finder’s charges within the combination quantity of $130,003 and issued an combination of 478,204 finder’s warrants in reference to the Providing. Every finder’s warrant entitles the holder thereof to buy one frequent share of the Firm at a worth of $0.50 per share for a interval of 24 months from the Closing Date.
The gross proceeds from the FT Items shall be utilized by the Firm for “Canadian exploration bills” which can be “flow-through essential mineral mining expenditures” (as such phrases are outlined within the Tax Act) on the Firm’s Canadian mineral useful resource properties. The web proceeds of the HD Items shall be utilized by the Firm for administrative and basic working capital, which can embrace investor relations actions.
The securities of SAGA haven’t been and won’t be registered beneath the USA Securities Act of 1933, as amended (the ” U.S. Securities Act “), or any state securities legal guidelines, and will not be provided or bought, inside the USA, until exemptions from the registration necessities of the U.S. Securities Act and relevant state securities legal guidelines can be found.
No securities regulatory authority has reviewed or accredited of the contents of this information launch. This information launch doesn’t represent a suggestion to promote or a solicitation of a suggestion to purchase any securities of SAGA in any jurisdiction by which such provide, solicitation or sale could be illegal.
Advertising Providers Settlement with Capitaliz.
The Firm additional studies that it has entered right into a digital advertising providers settlement efficient as of October 13, 2025 (the ” Capitaliz Settlement “) with 1123963 B.C. Ltd. D.B.A. Capitaliz (” Capitaliz “). Pursuant to the Capitaliz Settlement, Capitaliz will, amongst different issues, present the Firm with sure advertising providers to develop investor consciousness of the Firm’s enterprise and to speak with the funding group (the ” Capitaliz Providers “). The Capitaliz Providers shall be offered by Capitaliz over a three-month time period. The Capitaliz Settlement could also be terminated at any time by both celebration with 30 days’ discover.
Capitaliz is a content-driven digital advertising company that connects public corporations with social media influencers throughout all main social media platforms, leveraging a creator community that reaches over 100 million subscribers.
The Capitaliz Providers will embrace, amongst different issues: (i) multimedia content material creation and syndication, together with the manufacturing and distribution of editorial video content material; (ii) focused visitors era via a mixture of pay-per-click promoting, social media advertising, native promoting, SEO, electronic mail campaigns, and retargeting methods; and (iii) strategic social media amplification of marketing campaign content material throughout platforms similar to Investorhub and YouTube; and (iv) expanded distribution via established relationships with monetary media platforms. In consideration of the Capitaliz Providers, and pursuant to the phrases and circumstances of the Capitaliz Settlement, the Firm has agreed to pay Capitaliz a charge of C$200,000 (plus relevant taxes) over a three-month time period, which shall be paid utilizing the Firm’s out there working capital.
The Capitaliz Providers shall be rendered primarily on-line via a wide range of information and funding group communications channels. Jeff Leslie, the principal of Capitaliz – positioned at 704 – 595 Howe Road, Field 35, Vancouver, BC, V6C 2T5 – shall be concerned in conducting the Capitaliz Providers. Capitaliz and Mr. Leslie do not need any curiosity, immediately or not directly, within the Firm or its securities, or any proper or intent to amass such an curiosity. The phrases and circumstances of the Capitaliz Settlement stay topic to approval of the Alternate.
On-line Advertising Settlement with i2i Advertising Group, LLC.
As well as, the Firm studies that it entered into a web-based advertising settlement (the ” i2i Settlement “) with i2i Advertising Group, LLC (” i2i “). Pursuant to the i2i Settlement, i2i will, amongst different issues, present the Firm with company advertising and investor consciousness providers, together with, however not restricted to, content material creation administration, creator sourcing, venture administration and media distribution (the ” i2i Providers “). The i2i Providers shall be offered by i2i pursuant to an preliminary US$250,000 funds, which shall be paid utilizing the Firm’s out there working capital, and will proceed on a month-to-month foundation thereafter till the i2i Settlement is terminated. The i2i Settlement could also be terminated by both celebration upon 10 days’ advance written discover to the opposite celebration through the contract time period.
The i2i Providers shall be rendered primarily on-line via a wide range of information and funding group communications channels. Joe Grubb and Kailyn White, principals of i2i shall be offering providers on behalf of i2i, which has an workplace positioned at 1107 Key Plaza #222 Key West, FL 33040. i2i, Mr. Grubb, and Ms. White do not need any curiosity, immediately or not directly, within the Firm or its securities, or any proper or intent to amass such an curiosity.
The phrases and circumstances of the i2i Settlement stay topic to approval of the Alternate.
About Saga Metals Corp.
Saga Metals Corp. is a North American mining firm targeted on the exploration and discovery of a diversified suite of essential minerals that assist the worldwide transition to inexperienced power. The Radar Titanium Undertaking contains 24,175 hectares and completely encloses the Dykes River intrusive advanced, mapped at 160 km² on the floor close to Cartwright, Labrador. Exploration to this point, together with a 2,200m drill program, has confirmed a big and mineralized layered mafic intrusion internet hosting vanadiferous titanomagnetite (VTM) with sturdy grades of titanium and vanadium.
The Double Mer Uranium Undertaking, additionally in Labrador, covers 25,600 hectares that includes uranium radiometrics that spotlight an 18km east-west development, with a confirmed 14km part producing samples as excessive as 0.428% U 3 O 8 and uranium uranophane was recognized in a number of areas of highest radiometric response (2024 Double Mer Technical Report).
Moreover, SAGA owns the Legacy Lithium Property in Quebec’s Eeyou Istchee James Bay area. This venture, developed in partnership with Rio Tinto, has been expanded via the acquisition of the Amirault Lithium Undertaking. Collectively, these properties cowl 65,849 hectares and share important geological continuity with different main gamers within the space, together with Rio Tinto, Winsome Sources, Azimut Exploration, and Loyal Metals.
With a portfolio that spans key minerals essential to the inexperienced power transition, SAGA is strategically positioned to play an important position within the clear power future.
On Behalf of the Board of Administrators
Mike Stier, Chief Government Officer
For extra info, contact:
Rob Guzman, Investor Relations
Saga Metals Corp.
Tel: +1 (844) 724-2638
Electronic mail: rob@sagametals.com
www.sagametals.com
Neither the TSX Enterprise Alternate nor its Regulation Service Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Alternate) accepts accountability for the adequacy or accuracy of this launch.
Cautionary Disclaimer
This information launch accommodates forward-looking statements throughout the that means of relevant securities legal guidelines that aren’t historic info. Ahead-looking statements are sometimes recognized by phrases similar to “will”, “could”, “ought to”, “anticipates”, “expects”, “believes”, and comparable expressions or the unfavourable of those phrases or different comparable terminology. All statements aside from statements of historic truth, included on this launch are forward-looking statements that contain dangers and uncertainties. Specifically, this information launch accommodates forward-looking statements concerning discussions of future plans, estimates and forecasts and statements as to administration’s expectations and intentions with respect to, amongst different issues, the Providing, together with the anticipated use of proceeds from the Providing, the receipt of the Capitaliz Providers and the i2i Providers, and the phrases of the Capitaliz Settlement and the i2i Settlement. There may be no assurance that such statements will show to be correct and precise outcomes and future occasions might differ materially from these anticipated in such statements. Essential components that would trigger precise outcomes to vary materially from the Firm’s expectations embrace, however usually are not restricted to, adjustments within the state of fairness and debt markets, fluctuations in commodity costs, delays in acquiring required regulatory or governmental approvals, environmental dangers, limitations on insurance coverage protection, inherent dangers and uncertainties concerned within the mineral exploration and growth business, significantly given the early-stage nature of the Firm’s belongings, and the dangers detailed within the Firm’s steady disclosure filings with securities rules now and again, out there beneath its SEDAR+ profile at www.sedarplus.ca. The reader is cautioned that assumptions used within the preparation of any forward-looking info could show to be incorrect. Occasions or circumstances could trigger precise outcomes to vary materially from these predicted, on account of quite a few recognized and unknown dangers, uncertainties, and different components, lots of that are past the management of the Firm. The reader is cautioned to not place undue reliance on any forward-looking info. Such info, though thought-about cheap by administration on the time of preparation, could show to be incorrect and precise outcomes could differ materially from these anticipated. Ahead-looking statements contained on this information launch are expressly certified by this cautionary assertion. The forward-looking statements contained on this information launch are made as of the date of this information launch and the Firm will replace or revise publicly any of the included forward-looking statements solely as expressly required by relevant legislation.
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