Azarga Metals Acquires Full Interest in Marg Project

Azarga Metals Corp. has announced the successful exercise of its option to purchase the Marg Project in Central Yukon. This follows an agreement with Minera Alamos Inc. to restructure the project terms as a purchase option. The acquisition terms include a payment of $210,000 and issuing 1,981,250 Azarga shares to Minera Alamos. Additionally, the net smelter return royalty will be reduced from 2% to 1%, while Minera Alamos retains a $300,000 milestone payment upon a decision to mine.

On July 30, 2025, Azarga Metals granted 1,500,000 deferred share units and 1,350,000 restricted share units to company officers and directors. Furthermore, 1,950,000 stock options were issued, allowing the purchase of shares at $0.08 for five years. These actions are part of the Company’s Equity Incentive and Stock Option Plans.