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SAGA.V ·

SAGA Metals Begins Trading on OTCQX Best Market VANCOUVER, B.C. – August 19, 202 6 – SAGA Metals Corp. ("SAGA" or the "Company") (TSXV: SAGA) (OTCQB: SAGMF) (FSE: 20H), a North American exploration company focused on critical

SAGA Metals Begins Trading on OTCQX

Best Market

VANCOUVER, B.C. – August 19, 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 its shares have been qualified to begin trading on the

OTCQX®Best Market ("OTCQX"). SAGA has upgraded to OTCQX from the OTCQB® Venture Market.

SAGA Metals begins trading today on OTCQX under the symbol " SAGMF" . U.S. investors can find

current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

Mike Stier, CEO & Director of SAGA Metals commented:

“Qualifying to upgrade to the OTCQX Best Market, OTC Markets’ highest-level market, is an important

milestone for SAGA. It reflects the progress we have made in advancing our critical minerals portfolio

and our commitment to the high standards of financial reporting, corporate governance, and

transparency that U.S. investors expect.

Trading on OTCQX will significantly enhance our visibility and accessibility to a broader base of

institutional and retail investors in the United States, while complementing our existing listings. As a

North American critical minerals company, SAGA is foc used on discovering and advancing assets

that support secure, allied supply chains for materials essential to defense, aerospace, clean energy,

and advanced manufacturing. Our flagship Radar Titanium-Vanadium-Iron Project in Labrador, along

with our growing portfolio of rare earth, uranium, and other critical mineral projects, positions us to

potentially contribute meaningfully to North American supply -chain security. We believe this

upgrade strengthens our platform as we continue to deliver exploration results and create long-term

value for shareholders. ”

The OTCQX Market is designed for established, investor-focused U.S. and international companies.

To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate

governance, and demonstrate compliance with applicable securities laws. Graduating to the OTCQX

Market marks an important milestone for companies, enabling them to demonstrate their

qualifications and build visibility among U.S. investors.

Trading in non-U.S. North American securities on OTC Markets reached $23.4 billion in the second

quarter of 2026, representing an 88.25% increase over Q2 2025. OTC Markets recorded $453.34

billion in total dollar volume in the first half of the year. Canada ranked among the top home markets

by trading volume during the quarter, highlighting sustained U.S. investor demand for internationally

listed names.

About OTC Markets Group Inc.

OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and

international securities. Our data -driven disclosure standards form the foundation of our public

markets: OTCQX® Best Market, OTCQB® Venture Market, OTCID ™ Basic Market and Pink Limited ™

Market. Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that

broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient

access to the U.S. financial markets.

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 2,561 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

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the

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. 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 industry, 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 preparation, 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.