SAGA Metals Approved to Join the Defense Industrial Base Consortium (DIBC) to Support Critical Mineral Supply Chain Security in North America VANCOUVER, B.C. – August 20, 202 6 – SAGA Metals Corp. ("SAGA" or the "Company") (TSXV:
SAGA Metals Approved to Join the Defense
Industrial Base Consortium (DIBC) to
Support Critical Mineral Supply Chain
Security in North America
VANCOUVER, B.C. – August 20, 202 6 – SAGA Metals Corp. ("SAGA" or the "Company") (TSXV:
SAGA) (OTCQB: SAGMF) (FSE: 20H), a North American exploration company focused on critical
mineral discoveries, is pleased to announce that it has been approved as a member of the Defense
Industrial Base Consortium (“DIBC”), a U.S. Department of Defense -supported initiative managed
by Advanced Technology International (“ATI”).
Membership in the DIBC strengthens SAGA’s position within the growing network of companies,
research institutions, and government partners working to enhance the resilience and security of
North American critical mineral supply chains that support defense, aerospace, advanced
manufacturing, and national security priorities.
Mike Stier, CEO & Director of SAGA Metals, commented:
“Being approved to join the Defense Industrial Base Consortium is a significant milestone for SAGA.
It reflects the strategic importance of our critical minerals portfolio , particularly our flagship Radar
Titanium-Vanadium-Iron Project in Labrador , and aligns directly with the urgent need for secure,
allied sources of materials essential to defense and industrial applications. Membership provides
SAGA with valuable access to a collaborative network of U.S. defense stakeholders, industry
partners, and potential funding and prototyping opportunities under the Other Transaction Authority
framework. As we continue advancing our projects toward resource definition and development, this
membership enhances our ability to engage with the broader ecosystem fo cused on strengthening
North American supply chain security. ”
What Membership Means for SAGA
As a DIBC member, SAGA gains access to a collaborative platform connecting traditional and non-
traditional defense contractors, research organizations, federal agencies, and innovative
companies. Membership provides opportunities to:
• Engage with U.S. Department of Defense and related stakeholders on critical materials
initiatives;
• Participate in solicitations, industry events, and capability-matching activities;
• Explore research, prototyping, and industrial base strengthening opportunities under the
flexible Other Transaction Authority (OTA) framework;
• Collaborate with partners focused on securing domestic and allied supplies of titanium,
vanadium, rare earth elements, and other strategic minerals; and
• Increase visibility of SAGA’s North American projects within the defense industrial
ecosystem.
While membership does not guarantee contracts or funding, it positions the Company to more
effectively demonstrate the strategic relevance of its assets and participate in initiatives aimed at
reducing reliance on foreign-controlled sources of critical minerals.
About the Defense Industrial Base Consortium (DIBC)
The Defense Industrial Base Consortium is a U.S. Department of Defense -supported consortium
established to strengthen, expand, and modernize the U.S. defense industrial base. Managed by
Advanced Technology International (ATI), the DIBC fosters collaboratio n among government
agencies, industry (both traditional and non- traditional defense contractors), academia, and
emerging suppliers.
The consortium focuses on accelerating innovation and addressing supply chain vulnerabilities
across priority areas, including critical chemicals and minerals, rare earth elements (REEs), energy
storage and batteries, microelectronics, castings and forgings, small unmanned aerial systems, and
other technologies vital to national security. Membership is open to U.S. companies and certain
allied entities (including those based in Australia, Canada, and the United Kingdom) that can
contribute to these objectives. The DIBC currently includes more than 1,500 member organizations.
Critical Minerals and Supply Chain Security
Titanium, vanadium, rare earth elements, and related critical minerals are increasingly recognized
for their importance in aerospace, defense systems, advanced manufacturing, and energy
technologies. North American governments have prioritized the developm ent of secure, resilient
domestic and allied supply chains to reduce dependence on concentrated foreign sources.
SAGA’s portfolio is directly aligned with these priorities and m embership in the DIBC provides a
structured pathway for SAGA to engage with stakeholders focused on these same goals, supporting
the Company’s broader strategy of advancing high-quality critical mineral projects in premier North
American jurisdictions that can help meet long -term demand from defense, industrial, and clean -
energy sectors.
About SAGA Metals Corp.
SAGA Metals Corp. is a North American mining company focused on the exploration and discovery
of a diversified suite of critical minerals that support the North American transition to supply security.
The 100% owned Radar Ti-V-Fe Project comprises 24,175 hectares and entirely encloses the Dykes
River intrusive complex, mapped at 160 km² on the surface near Cartwright, Labrador. Exploration to
date, includin g 2 3,725 m of drilling in the Hawkeye and Trapper zones , ha s confirmed a large,
mineralized layered mafic intrusion hosting vanadiferous titanomagnetite (VTM) and ilmenite
mineralization with consistently uniform grades of titanium, vanadium and iron.
The 100% owned Wolverine Heavy Rare Earth Element Project in Labrador, is a near -surface REE
system hosted within a peralkaline caldera complex that shares strong geological similarities with
the Tanbreez and Strange Lake deposits. The project features consistent mineralization, with zones
spanning 26 km 2, including drill as say s up to 2.03% TREO with appro ximately 28% HREO content,
and sample assays up to 21.6% TREO.
The 100% owned Double Mer Uranium Project covers 25,600 hectares and features uranium
radiometrics that highlight an 18 km east -west trend, with a confirmed 14 km section producing
samples as high as 0.428% U3O8. (2024 Double Mer Technical Report).
Additionally, SAGA owns the Legacy Lithium Pro ject in Quebec's Eeyou Istchee James Bay region.
This project spans 72,701 hectares and has geological attributes similar to nearby terrains currently
being explored by Rio Tinto, Li-FT Power, SOQUEM, and Loyal Metals.
With a portfolio spanning key commodities critical to the clean energy future, SAGA is strategically
positioned to play an essential role in securing critical minerals.
On Behalf of the Board of Directors
Mike Stier, Chief Executive Officer
For more information, contact:
Rob Guzman, Investor Relations
SAGA Metals Corp.
Tel: +1 (844) 724-2638
Email: [email protected]
www.sagametals.com
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policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
Cautionary Disclaimer
This news release contains forward-looking statements within the meaning of applicable securities
laws that are not historical facts. Forward-looking statements are often identified by terms such as
“will” , “may” , “should” , “anticipates” , “expects” , “believes” , and similar expressions or the negative
of these words or other comparable terminology. All statements other than statements of historical
fact, included in this release are forward-looking statements that involve risks and uncertainties. In
particular, this news release contains forward -looking information pertaining to the Company’s
Projects and its membership in the DIBC. There can be no assurance that such statements will prove
to be accurate, and actual results and future events could differ materially from those anticipated in
such statements. Important factors that could cause actual results to differ materially from the
Company’s expectations include, but are not limited to, changes in the state of equity and debt
markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental
approvals, environmental risks, limitations on insurance coverage, inherent risks and uncertainties
involved in the mineral exploration and development indus try, particularly given the early -stage
nature of the Company’s assets, and the risks detailed in the Company’s continuous disclosure
filings with securities regulations from time to time, available under its SEDAR+ profile at
www.sedarplus.ca. The reader is cautioned that assumptions used in the preparation of any forward-
looking information may prove to be incorrect. Events or circumstances may cause actual results to
differ materially from those predicted, as a result of numerous known and unknown risks,
uncertainties, and other factors, many of which are beyond the control of the Company. The reader
is cautioned not to place undue reliance on any forward -looking information. Such information,
although considered reasonable by management at the time of pr eparation, may prove to be
incorrect and actual results may differ materially from those anticipated. This cautionary statement
expressly qualifies forward-looking statements contained in this news release. The forward-looking
statements contained in this news release are made as of the date of this news release , and the
Company will update or revise publicly any of the included forward -looking statements only as
expressly required by applicable law.