Trident Closes Option Agreement with Apogee Minerals on the Knife Lake Copper Project, Saskatchewan

Vancouver, BC, Sept. 21, 2026 (GLOBE NEWSWIRE) — Trident Resources Corp. (TSXV: ROCK) (OTCQB: TRDTF) (Frankfurt: 6BP0) (“Trident” or the “Company”) is pleased to announce that, further to its news release dated July 14 th , 2026, it has closed the option agreement dated July 13 th , 2026 (the “Agreement”) with Apogee Minerals Ltd. (“Apogee”), an arm’s length party, pursuant to which Apogee may earn a 100% interest in Trident’s Knife Lake Copper Project located in Saskatchewan (the “Property”).

Location Map of Knife Lake Project: https://www.tridentresourcescorp.com/projects/knife-lake-project/#&gid=1&pid=2

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Under the terms of the Agreement, Apogee may earn a 100% interest in the Property by satisfying the cash payment, share issuance and exploration expenditure commitments set out below.

(1) The number of Shares issued for the first and second anniversary payments will be determined using the greater of $0.09 per Share and the 10-day volume weighted average closing price of the Shares on the TSX Venture Exchange at the applicable time.

The Agreement also contains customary provisions limiting Trident’s ownership to below 10% of Apogee’s outstanding shares and preventing Trident from becoming a reporting insider of Apogee, with any excess consideration payable in cash. Apogee will act as operator on the Property during the option period, may accelerate the exercise of the option at any time by completing the required payments and exploration expenditures, and may elect to satisfy any portion of the required exploration expenditures in cash. All securities issued pursuant to the Agreement will be subject to a statutory hold period of four months and one day from the date of issuance in accordance with applicable Canadian securities laws. No finder’s fees were paid in connection with the Transaction.

Upon exercise of the Option, Apogee will hold a 100% interest in the Property, subject to existing underlying royalties consisting of a 2.5% net smelter returns (“NSR”) royalty payable to Summit Royalties Ltd. and a 1.5% NSR royalty payable to a private individual on certain mineral claims comprising the Property (collectively, the “Underlying NSR Royalties”).

Trident also announces it has entered into a media services contract (the “FFR Agreement”) with Freedom Financial Research, LLC (“FFR”). Pursuant to the terms of the FFR Agreement, FFR will, among other items, provide the Company with marketing services, which includes social media management, content creation, distribution, digital marketing, and any other marketing services as agreed upon by the Company and FFR (the “FFR Services”) for distribution by email. The FFR Agreement has a term of 30 days, commencing upon launch today on September 21 st . The Company will make a one-time payment to FFR of US$150,000 as consideration for the Services and FFR may be contact at [email protected] . The Company will not issue any securities to FFR as compensation.