Trident Resources Announces Option Agreement to Acquire Strategic Claims from Edge Geological Consulting Within the La Ronge Gold Belt

Core Viewpoint - Trident Resources Corp. has signed a Property Option Agreement to acquire up to 100% interest in 17 mineral dispositions totaling 5,525 hectares within the Longe Gold Belt, enhancing its project portfolio in the mining camp [1][4]. Acquisition Highlights - The acquisition involves a total payment of C$51,000 and the issuance of 450,000 shares to Edge Geological Consulting Inc. [8] - The new mineral dispositions include numerous base and precious metal showings that have seen limited exploration [7] - Four of the five claim blocks are located within the La Ronge Gold Belt, adjacent to Trident's existing land holdings, while the fifth is near Ithingo Lake and hosts three underexplored gold showings [7] Financial Position - The company is well-funded with over C$12 million in cash and marketable securities on its balance sheet [4][7] - Trident is advancing its fully-funded 6,500-meter drill program at its flagship Contact Lake Gold Project [7] Agreement Terms - The agreement is subject to acceptance by the TSX Venture Exchange, with securities issued under the agreement subject to a four-month hold period [5] - The transaction is classified as a "related party transaction" due to the involvement of a director of both Trident and Edge [6] Qualified Person - The scientific and technical data in the announcement was reviewed by Cornell McDowell, P.Geo., the Company's VP of Exploration, who is a qualified person under National Instrument 43-101 [10]