Trident Resources closes option deal allowing Apogee Minerals to earn 100% of Knife Lake copper project for $400,000 and $1 million work program

Bitget2026/09/21 12:05

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Trident Resources closed an option agreement granting Apogee Minerals the right to earn 100% of the Knife Lake Copper Project.
Consideration totals CAD 400,000 in cash, 7,400,000 Apogee shares at closing, further shares valued at CAD 700,000.
Apogee must also fund CAD 1 million of exploration over two years, with minimum CAD 500,000 by year one.
Apogee can accelerate the earn-in, act as operator during the option period, or substitute some exploration spending with cash.
Project remains subject to existing net smelter return royalties of 2.5% to Summit Royalties, 1.5% to a private individual.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Trident Resources Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609210800PRIMZONEFULLFEED9830146) on September 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Trident Resources closes option deal allowing Apogee Minerals to earn 100% of Knife Lake copper project for $400,000 and $1 million work program

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