{"success":true,"data":{"pressRelease":{"id":"5588","rtpr_id":"nGNX2R2mr1","ticker":"ROCK","exchange":"","all_tickers":["ROCK"],"title":"Trident Resources Closes Option Agreement to Acquire Strategic Claims adjoining the Contact Lake Gold Project from North-Sask. Ventures Ltd. within the La Ronge Gold Belt","author":"Globe Newswire","published_at":"2026-04-22T21:00:00.191Z","article_body":"Vancouver, BC, April 22, 2026 (GLOBE NEWSWIRE) -- Trident Resources Corp.\n(TSX-V: ROCK\n(https://www.globenewswire.com/Tracker?data=PRd3kPyDAzpUABJuNClCGY8BFdycnCy-tg_CfhgCSGnHfe1UkYnN6jTwhpvB95f3mYbdHaTSfnb2MGrgG7W74_6UEPpCN879JAV7ACrLakY=))\n(OTCQB: TRDTF\n(https://www.globenewswire.com/Tracker?data=d7hMYC9r412TyEP3Ic1S7bcdMDp2psaBrXiT1eGb4QjUV6_24zxEtCY9OUgFPdLK_1P_3jkpmjDz4w8l8e4eH95sDTgT5sChFwnROFkwikk=))\n(“Trident” or the “Company” or the “Optionee”) is pleased to\nannounce that, further to its news release dated April 16, 2026, it has\nreceived TSX Venture Exchange approval and closed the  Property Option\nAgreement dated April 15, 2026 (the “Agreement”) with North-Sask. Ventures\nLtd. (“North-Sask.” or the “Optionor”) pursuant to which the Company\nhas the right to acquire up to 100% interest in 19 individual mineral\ndispositions that total 3,586 hectares (ha) within the La Ronge Gold Belt.\n\nAcquisition Highlights:\n* Attractive acquisition price (see Agreement Terms, below)\n* The new dispositions host numerous base and precious metal showings that\nhave seen only limited exploration\n* The claim blocks are located within the prospective La Ronge Gold Belt and\nare contiguous with Trident’s extensive land holdings\n* The new claims have excellent exploration potential upside and are on trend\nwith the Contact Lake mineralization\n* The Company has over C$32M in cash and marketable securities on its balance\nsheet\n* Trident is making great progress at its fully-funded 30,000m-40,000 drill\nprogram in 2026 at its flagship Contact Lake Gold Project\nFigure 1: Plan View Map with Option Claims\nhttps://www.tridentresourcescorp.com/_resources/maps/Figure-1-Plan-View-Map-Option-Claims.jpg\n\nAgreement Terms – Payments and Commitments:\n\nThe Optionor irrevocably grants to the Optionee the sole and exclusive right\nand option to acquire 100% right, title and interest in and to the Property,\nin accordance with the terms of this Agreement by satisfying the following\nconditions:\n1. paying to the Optionor a total of C$85,000 and issuing to the Optionor a\ntotal of 40,000 Shares (the cash payment and Share issuances collectively\nreferred to as the “Option Payment”), as follows:\n   1. within ten business days of TSX Venture Exchange approval of the\nAgreement (the “Acceptance Date”), pay $25,000 (paid) and issue 10,000\nShares (issued);\n \n2. on or before the first anniversary of the Acceptance Date, pay $20,000 and\nissue 10,000 Shares; and\n \n3. on or before the second anniversary of the Acceptance Date, pay $20,000 and\nissue 10,000 Shares; and\n \n4. on or before the third anniversary of the Acceptance Date, pay $20,000 and\nissue 10,000 Shares.\nThe Optionor shall retain a 2% net smelter returns royalty from minerals mined\nand removed from the Property, of which the Optionee may purchase one-half,\nbeing 1%, at any time for $1,000,000.\n\nAll securities issued pursuant to the Agreement are subject to a four month\nhold period from the closing date in accordance with applicable securities\nlaws and the policies of the Exchange.\n\nQualified Person:\n\nThe scientific and technical data contained in this news release was reviewed\nand approved by Cornell McDowell, P.Geo., the Company’s VP of Exploration\nand a “qualified person” under the National Instrument 43-101 - Standards\nof Disclosure of Mineral Projects.\n\nAbout Trident Resources Corp.:\n\nTrident Resources Corp. is a Canadian public mineral exploration company\nlisted on the TSX Venture Exchange focused on the acquisition, exploration and\ndevelopment of advanced-stage gold and copper exploration projects in\nSaskatchewan, Canada. The Company is advancing its 100% owned Contact Lake and\nGreywacke Lake projects which host significant historical gold resources\nlocated within the prospective and underexplored La Ronge Gold Belt, as well\nas the 100% owned Knife Lake copper project which contains a historical copper\nresource.\n\nTo find out more about Trident Resources Corp. (TSX-V: ROCK), visit the\nCompany’s website at www.tridentresourcescorp.com\n\nTrident Resources Corp.\n\nJonathan Wiesblatt, Chief Executive Officer\nEmail: Jon.Wiesblatt@tridentresourcescorp.com\n\nFor further information contact myself or:\nAndrew J. Ramcharan, PhD, P.Eng., Corporate Communications\n\nTrident Resources Corp.\nTelephone: 647-309-5130\nToll Free: 800-567-8181\nFacsimile: 604-687-3119\nEmail: info@tridentresourcescorp.com \n\n\nNEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY\nFOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.\n\nForward-Looking Information and Statements\n\nThis news release contains “forward‐looking information or statements”\nwithin the meaning of applicable securities laws, which may include, without\nlimitation, statements that address the TSX Venture Exchange approval of the\nAgreement, other statements relating to the technical, financial and business\nprospects of the Company, its projects and other matters. All statements in\nthis news release, other than statements of historical facts, that address\nevents or developments that the Company expects to occur, are forward-looking\nstatements. Although the Company believes the expectations expressed in such\nforward-looking statements are based on reasonable assumptions, such\nstatements are not guarantees of future performance and actual results may\ndiffer materially from those in the forward-looking statements. Such\nstatements and information are based on numerous assumptions regarding present\nand future business strategies and the environment in which the Company will\noperate in the future, including the price of metals, the ability to achieve\nits goals, that general business and economic conditions will not change in a\nmaterial adverse manner, that financing will be available if and when needed\nand on reasonable terms. Such forward-looking information reflects the\nCompany’s views with respect to future events and is subject to risks,\nuncertainties and assumptions, including those filed under the Company’s\nprofile on SEDAR+ at www.sedarplus.ca. Factors that could cause actual results\nto differ materially from those in forward looking statements include, but are\nnot limited to, continued availability of capital and financing and general\neconomic, market or business conditions, adverse weather and climate\nconditions, equipment failures, failure to obtain or maintain all necessary\ngovernment permits, approvals and authorizations, decrease in the price of\ngold, copper and other metals, the impact of viruses and diseases on the\nCompany’s ability to operate, failure to obtain or maintain community\nacceptance (including First Nations), increase in costs, litigation, and\nfailure of counterparties to perform their contractual obligations. The\nCompany does not undertake to update forward‐looking statements or\nforward‐looking information, except as required by law.\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/0600ebb6-8df0-4289-b4f8-ab2eb5d3044b)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX2R2mr1","title":"Trident Resources Closes Option Agreement to Acquire Strategic Claims adjoining the Contact Lake Gold Project from North-Sask. Ventures Ltd. within the La Ronge Gold Belt","author":"Globe Newswire","ticker":"ROCK","created":"2026-04-22T21:00:00.191Z","tickers":["ROCK"],"exchange":"","article_body":"Vancouver, BC, April 22, 2026 (GLOBE NEWSWIRE) -- Trident Resources Corp.\n(TSX-V: ROCK\n(https://www.globenewswire.com/Tracker?data=PRd3kPyDAzpUABJuNClCGY8BFdycnCy-tg_CfhgCSGnHfe1UkYnN6jTwhpvB95f3mYbdHaTSfnb2MGrgG7W74_6UEPpCN879JAV7ACrLakY=))\n(OTCQB: TRDTF\n(https://www.globenewswire.com/Tracker?data=d7hMYC9r412TyEP3Ic1S7bcdMDp2psaBrXiT1eGb4QjUV6_24zxEtCY9OUgFPdLK_1P_3jkpmjDz4w8l8e4eH95sDTgT5sChFwnROFkwikk=))\n(“Trident” or the “Company” or the “Optionee”) is pleased to\nannounce that, further to its news release dated April 16, 2026, it has\nreceived TSX Venture Exchange approval and closed the  Property Option\nAgreement dated April 15, 2026 (the “Agreement”) with North-Sask. Ventures\nLtd. (“North-Sask.” or the “Optionor”) pursuant to which the Company\nhas the right to acquire up to 100% interest in 19 individual mineral\ndispositions that total 3,586 hectares (ha) within the La Ronge Gold Belt.\n\nAcquisition Highlights:\n* Attractive acquisition price (see Agreement Terms, below)\n* The new dispositions host numerous base and precious metal showings that\nhave seen only limited exploration\n* The claim blocks are located within the prospective La Ronge Gold Belt and\nare contiguous with Trident’s extensive land holdings\n* The new claims have excellent exploration potential upside and are on trend\nwith the Contact Lake mineralization\n* The Company has over C$32M in cash and marketable securities on its balance\nsheet\n* Trident is making great progress at its fully-funded 30,000m-40,000 drill\nprogram in 2026 at its flagship Contact Lake Gold Project\nFigure 1: Plan View Map with Option Claims\nhttps://www.tridentresourcescorp.com/_resources/maps/Figure-1-Plan-View-Map-Option-Claims.jpg\n\nAgreement Terms – Payments and Commitments:\n\nThe Optionor irrevocably grants to the Optionee the sole and exclusive right\nand option to acquire 100% right, title and interest in and to the Property,\nin accordance with the terms of this Agreement by satisfying the following\nconditions:\n1. paying to the Optionor a total of C$85,000 and issuing to the Optionor a\ntotal of 40,000 Shares (the cash payment and Share issuances collectively\nreferred to as the “Option Payment”), as follows:\n   1. within ten business days of TSX Venture Exchange approval of the\nAgreement (the “Acceptance Date”), pay $25,000 (paid) and issue 10,000\nShares (issued);\n \n2. on or before the first anniversary of the Acceptance Date, pay $20,000 and\nissue 10,000 Shares; and\n \n3. on or before the second anniversary of the Acceptance Date, pay $20,000 and\nissue 10,000 Shares; and\n \n4. on or before the third anniversary of the Acceptance Date, pay $20,000 and\nissue 10,000 Shares.\nThe Optionor shall retain a 2% net smelter returns royalty from minerals mined\nand removed from the Property, of which the Optionee may purchase one-half,\nbeing 1%, at any time for $1,000,000.\n\nAll securities issued pursuant to the Agreement are subject to a four month\nhold period from the closing date in accordance with applicable securities\nlaws and the policies of the Exchange.\n\nQualified Person:\n\nThe scientific and technical data contained in this news release was reviewed\nand approved by Cornell McDowell, P.Geo., the Company’s VP of Exploration\nand a “qualified person” under the National Instrument 43-101 - Standards\nof Disclosure of Mineral Projects.\n\nAbout Trident Resources Corp.:\n\nTrident Resources Corp. is a Canadian public mineral exploration company\nlisted on the TSX Venture Exchange focused on the acquisition, exploration and\ndevelopment of advanced-stage gold and copper exploration projects in\nSaskatchewan, Canada. The Company is advancing its 100% owned Contact Lake and\nGreywacke Lake projects which host significant historical gold resources\nlocated within the prospective and underexplored La Ronge Gold Belt, as well\nas the 100% owned Knife Lake copper project which contains a historical copper\nresource.\n\nTo find out more about Trident Resources Corp. (TSX-V: ROCK), visit the\nCompany’s website at www.tridentresourcescorp.com\n\nTrident Resources Corp.\n\nJonathan Wiesblatt, Chief Executive Officer\nEmail: Jon.Wiesblatt@tridentresourcescorp.com\n\nFor further information contact myself or:\nAndrew J. Ramcharan, PhD, P.Eng., Corporate Communications\n\nTrident Resources Corp.\nTelephone: 647-309-5130\nToll Free: 800-567-8181\nFacsimile: 604-687-3119\nEmail: info@tridentresourcescorp.com \n\n\nNEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY\nFOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.\n\nForward-Looking Information and Statements\n\nThis news release contains “forward‐looking information or statements”\nwithin the meaning of applicable securities laws, which may include, without\nlimitation, statements that address the TSX Venture Exchange approval of the\nAgreement, other statements relating to the technical, financial and business\nprospects of the Company, its projects and other matters. All statements in\nthis news release, other than statements of historical facts, that address\nevents or developments that the Company expects to occur, are forward-looking\nstatements. Although the Company believes the expectations expressed in such\nforward-looking statements are based on reasonable assumptions, such\nstatements are not guarantees of future performance and actual results may\ndiffer materially from those in the forward-looking statements. Such\nstatements and information are based on numerous assumptions regarding present\nand future business strategies and the environment in which the Company will\noperate in the future, including the price of metals, the ability to achieve\nits goals, that general business and economic conditions will not change in a\nmaterial adverse manner, that financing will be available if and when needed\nand on reasonable terms. Such forward-looking information reflects the\nCompany’s views with respect to future events and is subject to risks,\nuncertainties and assumptions, including those filed under the Company’s\nprofile on SEDAR+ at www.sedarplus.ca. Factors that could cause actual results\nto differ materially from those in forward looking statements include, but are\nnot limited to, continued availability of capital and financing and general\neconomic, market or business conditions, adverse weather and climate\nconditions, equipment failures, failure to obtain or maintain all necessary\ngovernment permits, approvals and authorizations, decrease in the price of\ngold, copper and other metals, the impact of viruses and diseases on the\nCompany’s ability to operate, failure to obtain or maintain community\nacceptance (including First Nations), increase in costs, litigation, and\nfailure of counterparties to perform their contractual obligations. The\nCompany does not undertake to update forward‐looking statements or\nforward‐looking information, except as required by law.\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/0600ebb6-8df0-4289-b4f8-ab2eb5d3044b)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-04-22T21:00:00.258370869Z","server_sent_at_ms":1776891600258},"received_at":"2026-04-22T21:00:00.772Z","source_url":null},"analysis":{"id":"4088","press_release_id":"5588","analysis_json":{"industry":{"label":"Materials","sector":"Materials"},"redFlags":[],"eventType":"other","narrative":"Trident Resources closed an option agreement to acquire 100% of 19 mineral dispositions totaling 3,586 hectares adjoining its Contact Lake Gold Project in the La Ronge Gold Belt.\n\nThe terms require total cash payments of C$85,000 and the issuance of 40,000 shares, with the optionor retaining a 2% net smelter returns royalty.\n\nThe company highlighted its financial strength, noting over C$32M in cash and marketable securities to fund its fully-funded 30,000 to 40,000 meter drill program in 2026.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":""},"keyFigures":{"customDimensions":{"hectares_acquired":"3,586 ha","nsr_buyout_cost_cad":1000000,"option_shares_total":40000,"drill_program_meters":"30,000-40,000m","option_cash_total_cad":85000,"cash_and_securities_cad":"C$32M"}},"quotedText":"Trident is making great progress at its fully-funded 30,000m-40,000 drill program in 2026 at its flagship Contact Lake Gold Project","namedEntities":{"people":[{"name":"Cornell McDowell","role":"VP Exploration"},{"name":"Jonathan Wiesblatt","role":"CEO"},{"name":"Andrew J. Ramcharan","role":"Corporate Communications"}],"products":["Contact Lake Gold Project","Greywacke Lake projects","Knife Lake copper project"],"companies":[{"name":"Trident Resources Corp.","ticker":"ROCK"},{"name":"North-Sask. Ventures Ltd.","relationship":"optionor"}],"dollarAmounts":[{"amount":"C$85,000","context":"total cash payment for option agreement"},{"amount":"C$32M","context":"cash and marketable securities on balance sheet"},{"amount":"$1,000,000","context":"cost to purchase 1% NSR"}]},"materialImpact":{"score":3,"reasoning":"Strategic expansion of the land package near the flagship Contact Lake project for a nominal total cash cost of C$85,000, bolstered by a strong balance sheet of C$32M."},"tickerRelevance":{"others":[{"ticker":"TRDTF","relevance":"mentioned"}],"primary":"ROCK"},"eventTypeSecondary":[]},"event_type":"other","event_type_secondary":null,"sentiment":"bullish","material_impact_score":3,"narrative":"Trident Resources closed an option agreement to acquire 100% of 19 mineral dispositions totaling 3,586 hectares adjoining its Contact Lake Gold Project in the La Ronge Gold Belt.\n\nThe terms require total cash payments of C$85,000 and the issuance of 40,000 shares, with the optionor retaining a 2% net smelter returns royalty.\n\nThe company highlighted its financial strength, noting over C$32M in cash and marketable securities to fund its fully-funded 30,000 to 40,000 meter drill program in 2026.","key_figures":{"customDimensions":{"hectares_acquired":"3,586 ha","nsr_buyout_cost_cad":1000000,"option_shares_total":40000,"drill_program_meters":"30,000-40,000m","option_cash_total_cad":85000,"cash_and_securities_cad":"C$32M"}},"named_entities":{"people":[{"name":"Cornell McDowell","role":"VP Exploration"},{"name":"Jonathan Wiesblatt","role":"CEO"},{"name":"Andrew J. Ramcharan","role":"Corporate Communications"}],"products":["Contact Lake Gold Project","Greywacke Lake projects","Knife Lake copper project"],"companies":[{"name":"Trident Resources Corp.","ticker":"ROCK"},{"name":"North-Sask. Ventures Ltd.","relationship":"optionor"}],"dollarAmounts":[{"amount":"C$85,000","context":"total cash payment for option agreement"},{"amount":"C$32M","context":"cash and marketable securities on balance sheet"},{"amount":"$1,000,000","context":"cost to purchase 1% NSR"}]},"model_name":"glm-4.7","prompt_hash":"sha256:2f2748f0fcc8c4f2","schema_hash":"sha256:ad96b863d7123008","created_at":"2026-04-23T00:04:00.054Z","global_importance":3,"audience_relevance":3,"importance_components":{"method":"backfill-heuristic","signals":{"bodyLong":false,"headlineTier1":false,"tickerCovered":false,"hadSignificance":false},"version":1,"computedAt":"2026-04-27T11:52:54.521Z"}},"durationMs":69253,"modelName":"glm-4.7"}}