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SAGA Metals Begins Trading on OTCQX Best Market

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SAGA Metals (TSXV: SAGA, OTCQX: SAGMF) has upgraded its U.S. quotation to the OTCQX Best Market from the OTCQB Venture Market, effective August 19, 2026. Shares now trade on OTCQX under symbol SAGMF, with U.S. investors able to access real-time Level 2 quotes and disclosure via OTC Markets.

According to SAGA Metals, qualifying for OTCQX reflects its adherence to higher financial, governance and disclosure standards, and is expected to broaden its U.S. institutional and retail investor reach. OTCQX targets established, investor-focused companies that meet specific financial and regulatory criteria.

SAGA Metals highlights a 100% owned portfolio of critical mineral projects, including the 24,175-hectare Radar Titanium-Vanadium-Iron Project in Labrador with 22,561 m of drilling confirming a large layered mafic intrusion, the Wolverine Heavy Rare Earth Element Project with drill assays up to 2.03% TREO and samples up to 21.6% TREO, the Double Mer Uranium Project with samples reaching 0.428% U3O8 over a confirmed 14 km trend, and the 72,701-hectare Legacy Lithium Project in Quebec.

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Positive

  • Upgraded U.S. listing from OTCQB to OTCQX Best Market on August 19, 2026
  • OTCQX qualification signals higher financial reporting, governance and disclosure standards
  • Potentially broader access to U.S. institutional and retail investors via OTCQX
  • Radar Ti-V-Fe Project: 24,175 hectares with 22,561 m of drilling completed
  • Wolverine REE Project assays up to 2.03% TREO and 21.6% TREO in samples
  • Double Mer Uranium samples up to 0.428% U3O8 along a confirmed 14 km trend

Negative

  • None.

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Vancouver, British Columbia--(Newsfile Corp. - August 19, 2026) - SAGA Metals Corp. (TSXV: SAGA) (OTCQB: SAGMF) (FSE: 20H) ("SAGA" or the "Company"), a North American exploration company focused on critical mineral discoveries, is pleased to announce its shares have been qualified to begin trading on the OTCQX®Best Market ("OTCQX"). SAGA has upgraded to OTCQX from the OTCQB® Venture Market.

SAGA Metals begins trading today on OTCQX under the symbol "SAGMF". U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

Mike Stier, CEO & Director of SAGA Metals commented:

"Qualifying to upgrade to the OTCQX Best Market, OTC Markets' highest-level market, is an important milestone for SAGA. It reflects the progress we have made in advancing our critical minerals portfolio and our commitment to the high standards of financial reporting, corporate governance, and transparency that U.S. investors expect.

Trading on OTCQX will significantly enhance our visibility and accessibility to a broader base of institutional and retail investors in the United States, while complementing our existing listings. As a North American critical minerals company, SAGA is focused on discovering and advancing assets that support secure, allied supply chains for materials essential to defense, aerospace, clean energy, and advanced manufacturing. Our flagship Radar Titanium-Vanadium-Iron Project in Labrador, along with our growing portfolio of rare earth, uranium, and other critical mineral projects, positions us to potentially contribute meaningfully to North American supply-chain security. We believe this upgrade strengthens our platform as we continue to deliver exploration results and create long-term value for shareholders."

The OTCQX Market is designed for established, investor-focused U.S. and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. Graduating to the OTCQX Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors.

Trading in non-U.S. North American securities on OTC Markets reached $23.4 billion in the second quarter of 2026, representing an 88.25% increase over Q2 2025. OTC Markets recorded $453.34 billion in total dollar volume in the first half of the year. Canada ranked among the top home markets by trading volume during the quarter, highlighting sustained U.S. investor demand for internationally listed names.

About OTC Markets Group Inc.

OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our public markets: OTCQX® Best Market, OTCQB® Venture Market, OTCID™ Basic Market and Pink Limited™ Market. Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.

About SAGA Metals Corp.

SAGA Metals Corp. is a North American mining company focused on the exploration and discovery of a diversified suite of critical minerals that support the North American transition to supply security. The 100% owned Radar Ti-V-Fe Project comprises 24,175 hectares and entirely encloses the Dykes River intrusive complex, mapped at 160 km² on the surface near Cartwright, Labrador. Exploration to date, including 22,561 m of drilling in the Hawkeye and Trapper zones, has confirmed a large, mineralized layered mafic intrusion hosting vanadiferous titanomagnetite (VTM) and ilmenite mineralization with consistently uniform grades of titanium, vanadium and iron.

The 100% owned Wolverine Heavy Rare Earth Element Project in Labrador, is a near-surface REE system hosted within a peralkaline caldera complex that shares strong geological similarities with the Tanbreez and Strange Lake deposits. The project features consistent mineralization, with zones spanning 26 km2, including drill assays up to 2.03% TREO with approximately 28% HREO content, and sample assays up to 21.6% TREO.

The 100% owned Double Mer Uranium Project covers 25,600 hectares and features uranium radiometrics that highlight an 18 km east-west trend, with a confirmed 14 km section producing samples as high as 0.428% U3O8. (2024 Double Mer Technical Report).

Additionally, SAGA owns the Legacy Lithium Project in Quebec's Eeyou Istchee James Bay region. This project spans 72,701 hectares and has geological attributes similar to nearby terrains currently being explored by Rio Tinto, Li-FT Power, SOQUEM, and Loyal Metals.

With a portfolio spanning key commodities critical to the clean energy future, SAGA is strategically positioned to play an essential role in securing critical minerals.

On Behalf of the Board of Directors

Mike Stier, Chief Executive Officer

For more information, contact:

Rob Guzman, Investor Relations
SAGA Metals Corp.
Tel: +1 (844) 724-2638
Email: rob@sagametals.com
www.sagametals.com

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Disclaimer

This news release contains forward-looking statements within the meaning of applicable securities laws that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipates", "expects", "believes", and similar expressions or the negative of these words or other comparable terminology. All statements other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. In particular, this news release contains forward-looking information pertaining to the Company's Projects. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, environmental risks, limitations on insurance coverage, inherent risks and uncertainties involved in the mineral exploration and development industry, particularly given the early-stage nature of the Company's assets, and the risks detailed in the Company's continuous disclosure filings with securities regulations from time to time, available under its SEDAR+ profile at www.sedarplus.ca. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. This cautionary statement expressly qualifies forward-looking statements contained in this news release. The forward-looking statements contained in this news release are made as of the date of this news release, and the Company will update or revise publicly any of the included forward-looking statements only as expressly required by applicable law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/310394

FAQ

What did SAGA Metals (SAGMF) announce on August 19, 2026 about its U.S. listing?

SAGA Metals announced that its shares began trading on the OTCQX Best Market under ticker SAGMF on August 19, 2026. According to SAGA Metals, this is an upgrade from the OTCQB Venture Market and reflects compliance with higher financial, governance and disclosure standards.

What is the significance of SAGA Metals upgrading SAGMF to the OTCQX Best Market?

The OTCQX upgrade is intended to provide SAGA Metals with improved visibility and access to U.S. investors. According to SAGA Metals, OTCQX targets established companies meeting higher financial and corporate governance criteria, which can support liquidity and broaden its institutional and retail shareholder base.

How can U.S. investors trade and get information on SAGA Metals stock SAGMF on OTCQX?

U.S. investors can trade SAGA Metals shares under symbol SAGMF on the OTCQX Best Market. According to SAGA Metals, investors can access current financial disclosure and real-time Level 2 quotes for SAGMF through the OTC Markets website at www.otcmarkets.com.

What critical mineral projects does SAGA Metals (SAGMF) currently own?

SAGA Metals reports four 100% owned projects: Radar Ti-V-Fe in Labrador, Wolverine Heavy Rare Earth Element in Labrador, Double Mer Uranium in Labrador, and the Legacy Lithium Project in Quebec. According to SAGA Metals, these assets target titanium, vanadium, iron, rare earths, uranium and lithium.

What exploration results has SAGA Metals disclosed for its Radar Ti-V-Fe Project?

SAGA Metals has completed 22,561 m of drilling at the Radar Ti-V-Fe Project, enclosing the 160 km² Dykes River intrusive complex. According to SAGA Metals, drilling confirms a large, mineralized layered mafic intrusion with consistently uniform titanium, vanadium and iron grades in vanadiferous titanomagnetite and ilmenite.

What rare earth element grades has SAGA Metals reported at the Wolverine Project?

At Wolverine, SAGA Metals reports drill assays up to 2.03% TREO with about 28% heavy rare earth content and samples up to 21.6% TREO. According to SAGA Metals, mineralization occurs in a peralkaline caldera complex with zones spanning roughly 26 km².

What uranium potential has SAGA Metals identified at the Double Mer Uranium Project?

The Double Mer Uranium Project covers 25,600 hectares and shows strong uranium radiometrics along an 18 km trend. According to SAGA Metals, a confirmed 14 km section has produced samples grading as high as 0.428% U3O8, based on a 2024 technical report.