Eagle Plains Resources to Sell Saskatchewan Mineral Claims to Apogee Minerals

04:36 PM EDT, 10/20/2026 (MT Newswires) -- Eagle Plains Resources (EPL.V) said Tuesday it agreed to sell five mineral claim blocks covering 1,965 hectares in Saskatchewan to Apogee Minerals (APMI.V). Under the agreement, Apogee will acquire a 100% interest in the properties, located adjacent to and within its Knife Lake Copper Project, for CA$20,000 in cash and 1 million common shares. Eagle Plains will retain a 2.5% net smelter returns royalty on all claims, of which Apogee can purchase 1% for CA$2 million. Additionally, Eagle Plains and Pacific Imperial Mines said Tuesday they have mutually agreed to terminate the option agreement on Eagle Plains' Brownell Lake VMS project, effective immediately. Eagle Plains shares last traded on Oct. 19, when they closed at CA$0.175 on the TSX Venture Exchange, where shares of Apogee closed unchanged at CA$0.11 on Tuesday.