Mr. Jonathan Wiesblatt reports

TRIDENT ANNOUNCES $15 MILLION BOUGHT-DEAL FINANCING

Trident Resources Corp. has entered into an agreement with Haywood Securities Inc., on its behalf and on behalf of a syndicate of underwriters, including Research Capital Corp., pursuant to which the underwriters have agreed to purchase, on a bought deal basis, four million common shares of the company that will qualify as flow-through (FT) shares within the meaning of Subsection 66(15) of the Income Tax Act (Canada) at a price of $3.76 per FT share for aggregate gross proceeds to the company of $15.04-million. The FT shares will be issued on a prospectus-exempt basis pursuant to the listed issuer financing exemption (LIFE) under applicable Canadian securities laws.

The company has granted the underwriters an option to increase the size of the offering by up to an additional 600,000 FT shares for additional gross proceeds of up to $2,256,000, to cover overallotments, exercisable at any time up to two business days prior to closing of the offering.

The gross proceeds from the sale of FT shares will be used for further exploration, mineral resource expansion and drilling at Trident's gold projects, located in the La Ronge gold belt of Saskatchewan, as Canadian exploration expenses, as defined in paragraph (f) of the definition of Canadian exploration expense in Subsection 66.1(6) of the Income Tax Act (Canada), and flow-through mining expenditures, as defined in Subsection 127(9) of the Income Tax Act (Canada), that will qualify as flow-through mining expenditures, which will be renounced with an effective date no later than Dec. 31, 2026, to the initial purchasers of FT shares.

The offering is expected to close on or about Feb. 18, 2026, or such other date as may be agreed to by the company and the underwriters. Closing is subject to customary conditions, including, but not limited to, the negotiation of an underwriting agreement among the parties with respect to the offering, and the company receiving all necessary regulatory approvals, including the approval of the TSX Venture Exchange.

The offering will be made in accordance with the listed issuer financing exemption in Part 5A of National Instrument 45-106, Prospectus Exemptions, as amended by Coordinated Blanket Order 45-935, Exemptions from Certain Conditions of the Listed Issuer Financing Exemption, to purchasers in any province of Canada, except Quebec. The FT shares issued and sold under the offering will not be subject to a hold period pursuant to applicable Canadian securities laws. There is an offering document related to the offering that can be accessed under the company's issuer profile on SEDAR+ and on the company's website. Prospective investors should read this offering document before making an investment decision.

In connection with the offering, the underwriters will receive an aggregate cash fee equal to 6.0 per cent of the gross proceeds of the offering.

About Trident Resources Corp.

Trident Resources is a Canadian public mineral exploration company listed on the TSX Venture Exchange focused on the development, exploration and acquisition of advanced-stage gold and copper exploration projects in Saskatchewan, Canada. The company is aggressively advancing its 100-per-cent-owned Contact Lake and Greywacke Lake projects, which host significant current and historical gold resources, located within the prospective and underexplored La Ronge gold belt, as well as the 100-per-cent-owned Knife Lake copper project, which contains a historical copper resource.

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