Seasif Exploration Inc. - Chief Executive Officer Files Early Warning Report
Suite 1700, Park Place 666 Burrard Street Vancouver, BC V6C 2X8
Seasif Exploration Inc. - Chief Executive Officer Files Early Warning Report
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Vancouver, British Columbia – (February 26, 2026) – Seasif Exploration Inc. (the “Company”) (TSXV: SAF.H) further to its news release dated February 20, 2026 and following the issuance of an aggregate of 13,738,733 common shares of the Company pursuant to the settlement of outstanding loans and debt (the “Settlement Shares”), reports that Mr. Fabio Capponi (the “CEO”) now directly and indirectly holds an aggregate of 22,115,648 common shares of the Company.
Prior to receiving the Settlement Shares Mr. Capponi beneficially owned, directly or indirectly, or exercised control or direction over 8,376,915 common shares of Seasif, representing approximately 6.8% of the Company’s issued and outstanding common shares. Upon the issuance of the Settlement Shares Mr. Capponi beneficially owns, directly or indirectly, or exercise control or direction over 22,115,648 common shares of Seasif, representing approximately 15.2% of the Company’s issued and outstanding common shares.
The Shares are held by Mr. Capponi for investment purposes. Depending on market conditions and other relevant factors, Mr. Capponi may subsequently acquire or dispose of Shares either on the open market or through private transactions.
This press release is being issued pursuant to the requirements of National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues of the Canadian Securities Administrators.
A copy of the Early Warning Report is available under the Company’s profile on SEDAR+ at www.sedarplus.ca.
About Seasif Exploration Inc.
The Company’s common shares are listed on the NEX Board of the TSX Venture Exchange under the symbol SAF.H. Seasif is focused on the acquisition and development of scalable precious metals projects in premier mining jurisdictions. Seasif’s wholly owned subsidiary, 5530 Nunavut Inc., which was incorporated under the laws of Nunavut, and registered under the Business Corporations Act (Northwest Territories) on November 24, 2016, holds its interest in the Meadowbank project located in Nunavut, Canada.
For further information, please visit our website at www.seasifx.com or contact:
Fabio Capponi, Chief Executive Officer
604-256-4777 or [email protected]
Cautionary Statement Regarding Forward-Looking Information
This news release includes certain “forward-looking statements” under applicable Canadian securities legislation that are not historical facts. Forward-looking statements involve risks, uncertainties, and other factors that could cause actual results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements in this news release include, but are not limited to, statements with respect to the Company’s objectives, goals or future plans; the receipt of the requisite approvals with respect to the business and operations of the Company. Forward-looking statements are necessarily based on a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties and other factors which may cause actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic and social uncertainties; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; delay or failure to receive board, shareholder or regulatory approvals; those additional risks set out in Seasif’s public documents filed on SEDAR at www.sedar.com; and other matters discussed in this news release. Although Seasif believes that the assumptions and factors used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Except where required by law, Seasif disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
Reader Advisory
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