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Trident Resources Announces Disposition of Lincoln Gold Mining Inc. Shares

Corporate Updates

Suite 1030 – 505 Burrard Street, Vancouver, BC, Canada, V7X1M5

TSX-V: ROCK; OTCQB: TRDTF

Email: [email protected]

Telephone: (604) 687-3376

Facsimile: (604) 687-3119

July 15, 2025

NEWS RELEASE

Trident Resources Announces Disposition of Lincoln Gold Mining Inc. Shares

Vancouver, BC, July 15, 2025 – Trident Resources Corp. (TSX-V: ROCK) (OTCQB: TRDTF)

(“Trident” or the “Company”) announces the disposition of securities of Lincoln Gold Mining Inc.

("Lincoln") (TSXV: LMG) on the TSX Venture Exchange.

On July 14, 2025 and July 15, 2025, Trident disposed of 4,500,000 common shares (the “Subject

Shares”) of Lincoln. The Subject Shares represented approximately 19.9% of all issued and

outstanding common shares of Lincoln as of July 15, 2025 (22,559,831 per Lincoln’s MD&A dated

May 30, 2025), immediately following the transaction described above, resulting in a

corresponding decrease in the percentage of shares held by Trident as a result of the transaction.

Immediately before the transaction described above, Trident held 4,500,000 common shares of

Lincoln (the “Pre -Shares”), representing approximately 19.9% of the issued and outstanding

common shares of Lincoln.

Immediately following the transaction described above, Trident held 0 common shares of Lincoln

(the “Post -Shares”), representing approximately 0% of the issued and outstanding common

shares of Lincoln.

The Subject Shares were sold at a price of $0.20 per Subject Share, for an aggregate

consideration of $900,000.

The holdings of securities of Lincoln by Trident are managed for investment purposes. Trident

may from time to time acquire additional securities of Lincoln, dispose of some or all of the existing

or additional securities they hold or will hold, or may continue to hold their current positions.

A copy of the applicable securities report filed in connection with the matters set forth above may

be obtained on SEDAR+ under the profiles of the Company and Lincoln.

About Trident Resources Corp.:

Trident Resources Corp. is a Canadian public mineral exploration company listed on the TSX

Venture Exchange focused on the acquisition, exploration and development of advanced -stage

gold and copper exploration projects in Saskatchewan, Canada. The Company is advancing its

100% owned Contact Lake and Greywacke Lake projects which host significant historical gold

resources located within the prospective and underexplored La Ronge Gold Belt , as well as the

100% owned Knife Lake copper project which contains a historical copper resource.

Trident Resources Corp.

Jonathan Wiesblatt, Chief Executive Officer

Email: [email protected]

For further information contact myself or:

Andrew J. Ramcharan, PhD, P.Eng., Corporate Communications

Trident Resources Corp.

Telephone: 647-309-5130

Toll Free: 800-567-8181

Facsimile: 604-687-3119

Email: [email protected]

NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER ACCEPTS

RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS

RELEASE.