Eagle Plains Increases Saskatchewan Gold Royalty Portfolio, Issues Incentive Options
Eagle Plains Increases Saskatchewan Gold Royalty Portfolio, Issues
Incentive Options
Cranbrook, B.C., August 12th, 2025: Eagle Plains Resources Ltd. (TSX-V:EPL) (OTCQB: EGPLF)
(“EPL” or “Eagle Plains”) is pleased to announce it has entered into a purchase and sale agreement with
Trident Resources Corp. (TSX-V: ROCK ) (OTCQB: TRDTF ) (“Trident ”) on four individual non-core
claim blocks totalling 16,245 ha. Under the terms of the agreement, Trident will purchase a 100% interest
in the properties for a cash consideration of $14,730, with EPL retaining a 2% Net Smelter royalty on all
of claims. The projects are located in the La Ronge Gold Belt, and are contiguous with Trident’s extensive
land holdings in the area.
Incentive Options Granted
Eagle Plains has granted incentive stock options to directors, employees and key consultants of the
Company for the purchase of a total of 2,270,000 shares at an exercise price of $.18 per share, expiring
August 8th, 2030, pursuant to the Company’s current option plan (subject to shareholder and regulatory
approvals).
Qualified Persons
Charles C. Downie, P.Geo., a “qualified person” for the purposes of National Instru ment 43 -101 -
Standards of Disclosure for Mineral Projects and an officer and director of Eagle Plains, has reviewed and
approved the scientific and technical disclosure in this news release.
About Eagle Plains Resources
Based in Cranbrook, B.C., Eagle Plains is a well -funded, prolific project generator that continues to
conduct research, acquire and explore mineral projects throughout western Canada, with a focus on critical
metals integral to an increasingly electrified, decarbonized economy.
The Company was formed in 1992 and is the fourth -oldest listed issuer on the TSX-V (and the only one
of these four that has not seen a roll -back or restructuring of its shares). Eagle Plains has continued to
deliver shareholder value over the years and thr ough numerous spin outs has transferred over
$100,000,000 in value directly to its shareholders, with Copper Canyon Resources and Taiga Gold
Corp. being notable examples. Eagle Plains latest spinout, Eagle Royalties Ltd. (CSE:“ER”) was listed
on May 24, 2023, and holds a diverse portfolio of royalty assets throughout western Canada. On July 02,
2025, ER announced that it had entered into a definitive amalgamation agreement with Summit Royalty
Corp. pursuant to which Summit will “go -public” by way of a reverse takeover (RTO) of ER. Eagle
Royalties shareholders will receive a consideration of $0.18 per ER share, representing a premium of 47%
based on ER’s closing price on June 30, 2025 on the Canadian Securities Exchange. Completion of the
RTO is subject to a number of conditions, including, but not limited to, Exchange acceptance and required
shareholder approvals of ER and Summit. There can be no assurance that the RTO will be completed as
proposed or at all.
On October 2, 2024, Eagle Plains announced the formation of a separate division within the Company
that will give Eagle Plains’ shareholders direct exposure to strategic opportunities in Canadian green
energy transition. As a wholly owned subsidiary of Eagle Plains, Osprey Power Inc. (“OP”) will focus
on identifying and advancing innovative and diverse clean energy project portfolios in target markets
throughout Canada, with an initial focus on Western Canada.
Eagle Plains’ core business is acquiring grassroots critical- and precious-metal exploration properties. The
Company is committed to steadily enhancing shareholder value by advancing our diverse portfolio of
projects toward discovery through collaborative partnerships and development of a highly experienced
technical team.
Expenditures from 2010-2024 on Eagle Plains-related projects exceed $39M, the majority of which was
funded by third -party partners. This exploration work resulted in approximately 50,000m of diamond -
drilling and extensive ground-based exploration work facilitating the advancement of numerous projects
at various stages of development.
Throughout the exploration process, our mission is to help maintain prosperous communities by exploring
for and discovering resource opportunities while building lasting relationships through honest and
respectful business practices.
On behalf of the Board of Directors
“C.C. (Chuck) Downie” P.Geo
President and CEO
For further information on EPL, please contact Mike Labach at 1 866 HUNT ORE (486 8673)
Email: [email protected] or visit our website at https://www.eagleplains.com
Cautionary Note Regarding Forward-Looking Statements
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. This news release may contain
forward-looking statements including but not limited to comments regarding the timing and content of upcoming work
programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward -looking
statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may
differ materially from those currently anticipated in such statements.