Eagle Plains Increases Saskatchewan Gold Royalty Portfolio
Eagle Plains Increases Saskatchewan Gold Royalty Portfolio
Cranbrook, B.C., February 26, 2026: 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 ” or
“ the Company”) on seven individual non core claim blocks totalling 4,711 ha. Under the terms of
the agreement, dated February 25, 2026, Trident will purchase a 100% interest in the properties for
a cash consideration of $5,000, with EPL retaining a 2% Net Smelter royalty on all of claims , one
half of which may be purchased by Trident for $1,000,000. The projects are located in the La Ronge
Gold Belt, and are contiguous with Trident’s extensive land holdings in the area.
The agreement is not an arm's -length transaction, as such term is defined in the TSX Venture
Exchange's Policy 1.1, and therefore constitutes a related party transaction, as such term is defined
in Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions.
Tim Termuende is a director and officer of Eagle Plains, and is also a director of Trident.
In respect of the requirements of MI 61- 101 and exchange Policy 5.9, the C ompany is relying on
the exemptions from the formal valuation and minority approval required under MI 61- 101. The
Company is exempt from the formal valuation requirement of MI 61- 101 in reliance of sections
5.5(b) as no securities of the C ompany are listed on the specified markets outlined therein.
Additionally, the Company is exempt from minority shareholder approval of MI 61-101 in reliance
of Section 5.7(1)(a) (fair market value not more than 25 per cent of the C ompany's market
capitalization).
In accordance with the exchange Policy 5.3, the agreement constitutes a reviewable transaction, as
such transaction involves a non-arm's-length party.
The agreement is subject to acceptance by the TSX Venture Exchange.
Qualified Persons
Charles C. Downie, P.Geo., a “qualified person” for the purposes of National Instrum ent 43-101 -
Standards of Disclosure for Mineral Projects and a n 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 through numerous spin outs has transferred
over $110,000,000 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 on October 30, 2025, ER shareholders overwhelmingly approved
a three-cornered amalgamation that resulted in a reverse takeover of Eagle Royalties by Summit
Royalty Corp. The resulting issuer is named Summit Royalties Ltd. and trades under the symbol
SUM on the TSX Venture Exchange with a market capitalization of over $100M.
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 2010-2025 on Eagle Plains-related projects exceed $41M, 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 faci litating 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 Andrew Wilson 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.