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ORGN.CN ·

Origen Resources Inc. Announces Normal Course Issuer Bid

Corporate Actions

488 – 625 Howe St.

Vancouver, BC

V6C 2T6, Canada

 604-681-0221

www.origenresources.com

ORIGEN RESOURCES INC. ANNOUNCES NORMAL COURSE ISSUER BID

Vancouver, BC, June 23, 2021. Origen Resources Inc. (the “Company” or “Origen”) (CSE:ORGN; FSE:4VXA) is

pleased to announce that it intends to execute a normal course issuer bid (NCIB) through the facilities of the

Canadian Securities Exchange. Under the NCIB, the Company intends to acquire up to 1.62 million common

shares in the capital of the Company, representing approximately 5 per cent of its issued and outstanding

common shares. As of June 22, 2021, the Company had 32,525,906 common shares issued and outstanding.

The normal course issuer bid will commence on June 30 , 2021, and end no later than June 30, 2022. The

Company may terminate the NCIB earlier if it feels it is appropriate to do so.

The Company is commencing the NCIB because it believes that the current market price of its common shares

may not fully reflect the underlying value of the Company's business and future prospects . PI Financial Corp.

has been appointed to conduct the NCIB and t he purchase and payment of the shares will be made in

accordance with all requirements of the Canadian Securities Exchange and applicable securities laws. All prices

paid for the shares will be the market price at the time of purchase. All shares purchased will be canceled.

Blake Morgan, President of the Company, commented: “This move, to buy our stock back, is evidence of our

overwhelming confide nce in our project portfolio and strong belief in the current under -valuation of the

Company’s share price. The proposed purchase of the Company’s common shares will strengthen an already

attractive capital structure and bring greater value to Origen and its shareholders.”

About Origen

Origen is an exploration company engaged in generating, acquiring and advancing base , precious metal, and

lithium properties. The Company currently holds a property portfolio of four 100% owned precious and base

metal projects in southern British Columbia, a 100% interest in the 26,771 ha LGM project and an option to

acquire a 100% interest in the 3,971 ha Wishbone property in the mineral rich Golden Triangle of British

Columbia, a 100% interest in the Middle Ridge gold project and a 100% interest in 15 lithium prospects in

Newfoundland.

On behalf of Origen,

Blake Morgan

President

For further information, please contact Blake Morgan, President at 236-878-4938 or Gary Schellenberg, CEO at

604-681-0221.

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of

the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this press release.

Certain of the statements made and information contained herein may constitute “forward-looking information.” In particular references

to the private placement and future work programs or expectations on the quality or results of such work programs are subject to risks

associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks

that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward- looking information.

488 – 625 Howe St.

Vancouver, BC

V6C2T6, Canada

 604-681-0221

www.origenresources.com

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Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward -

looking information, whether as a result of new information, future events or otherwise.