Azarga Metals exercises option to purchase 100% interest in Marg project

Azarga Metals and Minera Alamos Agreement: Azarga Metals has reached an agreement with Minera Alamos to purchase the Marg Project in Central Yukon, involving a cash payment of $210,000 and the issuance of 1,981,250 common shares, along with a reduced net smelter return royalty from two percent to one percent.

Equity Incentive Plan Grants: On July 30, 2025, Azarga Metals granted 1,500,000 deferred share units to independent directors and 1,350,000 restricted share units to officers, alongside 1,950,000 stock options at a price of $0.08 per share, with various vesting schedules outlined.