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Trigon Metals Inc (2)
Symbol TM
Shares Issued 55,139,081
Close 2026-04-01 C$ 0.39
Market Cap C$ 21,504,242
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Trigon Metals changes name to Safi Silver

2026-04-01 17:10 ET - News Release

Mr. Tom Panoulias reports

TRIGON METALS ANNOUNCES NAME CHANGE TO SAFI SILVER

Trigon Metals Inc. has completed a short-form vertical amalgamation with its wholly owned subsidiary, Safi Silver Corp., effective April 1, 2026. In connection with the amalgamation, the company has changed its name to Safi Silver Corp., subject to final acceptance of the TSX Venture Exchange.

The company's trading symbol on the TSX-V will also change to SF and the company's trading symbols on the OTC Markets (OTC Pink) and Frankfurt Stock Exchange will remain unchanged. The company's common shares will begin trading under the name Safi Silver and the SF ticker, effective April 6, 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 TSX-V.

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, 78657T 10 8, 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.

About Trigon Metals Inc.

Trigon Metals 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 continuing evaluation. In Namibia, Trigon holds the Kalahari copper belt project.

We seek Safe Harbor.

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