Trigon Metals Announces Completion of Name Change to Safi Silver
FOR IMMEDIATE RELEASE
Trigon Metals Announces Completion of Name Change to Safi
Silver
Toronto, Ontario – April 23, 2026 – Trigon Metals Inc. (TSX -V: TM , OTCPK: PNTZF ) (the
“Company”) is pleased to announce that the Company has completed a short -form vertical
amalgamation with its wholly -owned subsidiary, Safi Silver Corp., effective April 1, 2026 (the
“Amalgamation”). In connection with the Amalgamation, the Company has changed its name to
“Safi Silver Corp.” (the “Name Change”), subject to final acceptance of the TSX Venture Exchange
(the “TSXV”) (Please see the Company’s press releases dated April 1, 2026 and April 2, 2026 for
further details regarding the Amalgamation and Name Change”).
The Company’s trading symbol on the TSXV will also change to “SF” (the “Ticker Change”) and
the Company's trading symbol on the OTC Markets (OTC Pink) will remain unchanged. The
Company’s common shares will begin trading under the name “Safi Silver Corp.” and the “SF”
ticker, effective April 28, 2026.
The Amalgamation was undertaken to simplify the corporate structure of the Company and to
reduce administrative costs.
No securities of the Company will be issued in connection with the Amalgamation and the
Company's share capital will remain unchanged. There will not be a consolidation of the
Company’s common shares in connection with the Amalgamation and the Name Change. All of
the issued and outstanding shares of the subsidiary will be cancelled, and the assets, liabilities
and obligations of the subsidiary will be assumed by the Company. The Amalgamation will not
have any significant effect on the business and operations of the Company, and the common
shares of the company will continue to be listed on the TSXV.
Pursuant to the Name Change, no action will be required by existing shareholders nor will any
certificates representing common shares of the Company be affected or need to be exchanged.
A new CUSIP number, 78657T108, has been obtained to replace the previous CUSIP number. The
Company encourages any shareholder with any questions or concerns to discuss any of the
foregoing with their broker or agent.
The Amalgamation, Name Change and Ticker Change were approved by the Company's board of
directors and the Name Change was previously approved by shareholders of the Company,
including disinterested shareholders. Concurrent with the Amalgamation and Name Change, the
Company filed articles of amendment, effective April 1, 2026, with Corporations Canada.
In connection with the Name Change, the Company has launched its new website,
www.safisilver.com.
Trigon Metals Inc.
Trigon Metals Inc. is a publicly traded Canadian exploration and development company with a
core focus on copper and silver holdings in mining-friendly African jurisdictions. In Morocco, the
Company is advancing two exploration projects: Addana, which hosts silver-bearing polymetallic
veins, and Silver Hill, a sedimentary copper prospect undergoing ongoing evaluation. In Namibia,
Trigon holds the Kalahari Copperbelt Project.
Cautionary Notes
This news release may contain forward-looking statements. These statements include statements
regarding the Amalgamation, Name Change and Ticker Change, the Company’s rebranding, the
anticipated benefits of the Company’s strategic focus on its Moroccan silver projects, and the
Company’s future plans and objectives. These statements are based on current expectations and
assumptions that are subject to risks and uncertainties. Actual results could differ materially
because of factors discussed in the management discussion and analysis section of our interim
and most recent annual financial statements or other reports and filings with the TSX Venture
Exchange and applicable Canadian securities regulations. We do not assume any obligation to
update any forward-looking statements, except as required by applicable laws.
Neither 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.
For further information, contact Tom Panoulias, VP Corporate Development:
+1 (647) 276-6002 x 1127
Website: www.trigonmetals.com