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Knife Lake Copper Project Royalty

Region
Owner/Optionee
Apogee Minerals Ltd.
Commodity
Royalty Terms
2.5% NSR, Buydown 1% for $2m
Area (ha)
1965
Project Status
Exploration

October 20, 2026: Eagle Plains Resources Ltd. entered into a purchase and sale agreement with Apogee Minerals Ltd, (TSX-V: APMI ) (“Apogee” or “ APMI”) on five individual non core claim blocks totalling 1965 hectares located adjacent to and within APMI’s Knife Lake Copper Project in east-central Saskatchewan. Under the terms of the agreement, dated October 19, 2026, Apogee will purchase a 100% interest in the properties for a cash consideration of $20,000, and 1,000,000 common shares of APMI, with EPL retaining a 2.5% Net Smelter royalty on all of claims, 1% of which may be purchased by Apogee for $2,000,000.

Closing of the Transaction remains subject to the receipt of acceptance of the TSXV and the satisfaction of customary closing conditions, including the transfer of the Eagle Plains Claims to the Company through the Mineral Administration Registry Saskatchewan (MARS) system. The Eagle Plains Claims are in good standing with the Province of Saskatchewan and are being acquired free and clear of any encumbrances other than the NSR Royalty and customary permitted encumbrances.

Knife Lake Project Page - Apogee Minerals

News Release Oct. 20, 2026