Saga Metals completes acquisition of Catalyst Rare Metals’ Wolverine REE project in Labrador for 4,249,982 shares and $1 million cash

• Saga Metals completed its acquisition of Catalyst Rare Metals, securing 100% of the royalty-free Wolverine heavy rare earth project in central Labrador.
• Purchase price includes 4,249,982 Saga common shares issued at closing, with CAD 1 million due to vendors within 120 days.
• The project covers nine contiguous mineral licenses totaling about 294.5 sq km, roughly 50 km west of Hopedale.
• A 4,000-5,000 m diamond drilling program is slated to start in early August 2026 to support a maiden NI 43-101 resource estimate.

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. Saga Metals Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202607100730NEWSFILECNPR____20260710_304676_1) on July 10, 2026, and is solely responsible for the information contained therein.