Trigon Metals Announces Name Change to Safi Silver

Trigon Metals Inc. has completed a strategic corporate restructuring through a short-form vertical amalgamation with its wholly-owned subsidiary Safi Silver Corp., effective April 1, 2026. The transaction resulted in a complete corporate rebranding, with the company adopting the name Safi Silver Corp. and securing a new TSX Venture Exchange ticker symbol 'SF', which becomes effective April 6, 2026. The OTC Markets and Frankfurt Stock Exchange symbols remain unchanged.

The amalgamation represents a purely administrative consolidation designed to streamline corporate structure and reduce operational costs. Critically, no new securities will be issued, the share capital structure remains intact, and no share consolidation will occur. Existing shareholders face no required action, and their share certificates remain valid under the new corporate identity. The transaction received approval from both the board of directors and shareholders, including disinterested parties.

The rebranding signals the company's strategic pivot toward its silver-focused assets, particularly its Moroccan exploration portfolio. Safi Silver maintains two active exploration projects in Morocco: the Addana project, which hosts silver-bearing polymetallic veins, and Silver Hill, a sedimentary copper prospect under ongoing evaluation. The company also retains the Kalahari Copperbelt Project in Namibia, maintaining its diversified African mineral portfolio.

This corporate transformation comes at a time when silver markets are attracting increased investor attention, and the name change positions the company to better capitalize on its precious metals assets. The simplified corporate structure should enhance operational efficiency while the focused branding may improve market recognition and investor clarity regarding the company's core value proposition in the silver and copper exploration sector.