Announcement • May 30
Safi Silver Corp. Announces Management Changes Safi Silver Corp. announced that Damian Lopez had resigned as Corporate Secretary of the Company and Paul Bozoki, CFO of Safi Silver Corp., would take on the role of Corporate Secretary. Announcement • May 21
Safi Silver Corp Provides Update on Addana Drilling Program Safi Silver Corp. reported that drilling is complete on the first hole of the Addana campaign, and has commenced on the second hole. Hole #2 is expected to be completed before May 23. The current phase of drilling is focused on targets located in the southwestern portion of the Addana property, where historical work and recent field mapping have identified structurally controlled mineralized zones in quartz-carbonate veins, considered highly prospective for polymetallic silver mineralization. The Company reports that drilling operations have progressed smoothly to date. Recovery of drill core and geological logging is meeting the Company’s expectations. Once recovered, the core is systematically processed, photographed, logged, and prepared for sampling at the Company’s new and secure facilities in the town of Igdi prior to shipment for analytical testing. Samples from the Addana drilling program will be analyzed by Afrilab, a SGS and ISO-certified independent analytical laboratory located in Marrakech, Morocco. The laboratory has previously been utilized by the Company for exploration programs within Morocco and provides internationally recognized analytical services for precious and base metal exploration projects. Afrilab utilizes fire assay, atomic absorption spectroscopy (AAS), and inductively coupled plasma mass spectrometry (ICP-MS). Such methods are ideal for this program, given the precious and base metals mineralization targeted at Addana. As core is recovered, it is being geologically logged and sampled in batches to maintain a consistent flow of material to the laboratory. This approach allows us to maintain strong quality control procedures while ensuring timely assay turnaround as the program advances. Drilling at Addana represents another important milestone in Safi Silver’s transition toward becoming a focused Moroccan polymetallic silver exploration company. The initial drill program at Addana is designed to test priority targets identified through historical exploration, surface sampling, geological mapping, and structural interpretation. The Company expects to provide additional operational updates as drilling progresses and assay results become available. The scientific and technical information contained in this news release has been reviewed and approved by Dr. Andreas Rompel, (Pr.Sci.Nat., FSAIMM)., Chief Exploration of Safi Silver, who is a “Qualified Person” as defined under National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Announcement • Apr 03
Trigon Metals Inc. completed the Spin-Off of Safi Silver Corp. Trigon Metals Inc. agreed to Spin-Off Safi Silver Corp. on February 14, 2024. The Trigon Shareholders will receive one New Trigon Share and 0.5 Silver Hill project Common Shares in exchange for each Trigon Share held immediately prior to completion of the Proposed Arrangement. The Proposed Arrangement remains conditional on the approval of the Trigon Shareholders at the annual general and special meeting, the TSX Venture Exchange and the Ontario Superior Court of Justice. Additionally, completion of the Proposed Arrangement is conditional upon, among other things, completion of a concurrent financing of Spinco and conditional approval for listing the Spinco Common Shares on a recognized Canadian stock exchange. As of February 26, 2024, Trigon Metals has received an interim order from the Ontario Superior Court of Justice and has scheduled its annual general and special meeting of shareholders to be held on April 9, 2024. TSX Trust Company acted as a transfer agent in the transaction.
Trigon Metals Inc. completed the Spin-Off Safi Silver Corp. on April 1, 2026. In connection with the Amalgamation, Trigon Metals Inc. has changed its name to “Safi Silver Corp.", subject to final acceptance of the TSX Venture Exchange. Trigon Metals' trading symbol on the TSXV will also change to “SF” and the trading symbols on the OTC Markets (OTC Pink) and Frankfurt Stock Exchange (FSE) will remain unchanged. The common shares will begin trading under the name “Safi Silver Corp.” and the “SF” ticker, effective April 6, 2026.